While Bitcoin is blasting off to new 2020 highs, XRP continues to fall to new lows on the BTC trading pair. Will the top cryptocurrency keep cannibalizing Ripple’s crypto market capital, or will things soon reverse for the long beaten down altcoin? XRP Sets New Lower Low Against Bitcoin, Revisits Turning Point From 2017 XRP…
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Bitcoin has continued to explode higher in the face of a further drop in the U.S. dollar. The price of the leading cryptocurrency has almost reached $16,000, as it currently trades for $15,970 on leading spot exchanges. This price surge is resulting in a number of interesting trends in the Bitcoin market, namely a dislocation…
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Bitcoin has undergone a strong surge since the lows of the week around $13,200. As of this article’s writing, the leading cryptocurrency trades for $15,100, slightly below the $15,300 daily highs but far above the aforementioned weekly lows. The leading cryptocurrency is up around 6% in the past 24 hours as the U.S. dollar continues…
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Ethereum’s price action has been rather lackluster as of late, which has been surprising considering the deployment of the ETH 2.0 deposit contract and Bitcoin’s immense strength. Many analysts pinpoint the weakness seen by Ethereum as the sole reason why altcoins have been bleeding out against both USD and BTC as of late. Until Ethereum…
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Yearn.finance’s YFI governance token has seen its first relief rally in ages, with bulls moving to form a bottom following a multi-week period of seeing relentless losses. The cryptocurrency reeled as low as $7,500 earlier today, at which point bulls stepped up and sent it surging up to highs of $10,000. It did face an…
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Crypto traders rely on several tools to help predict future Bitcoin price action and trend changes. Few tools have been as reliable over the years as the TD Sequential indicator, created by market timing expert Thomas Demark. The few times this tool has failed on the highest timeframes, Bitcoin has absolutely exploded in the months…
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Bitcoin has been caught within one of the strongest and longest-lasting uptrends seen since late-2017, with the cryptocurrency rallying to highs of $15,300 today while showing few signs of slowing down anytime soon. This uptrend’s intensity comes as the global markets breathe a sigh of relief as the elections in the U.S. begin winding down.…
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The stress related to the United States Presidential election has triggered a wave of FOMO buying in Bitcoin, picking up in steam even more the longer the outcome of the election lingers on. With more than 48 hours already passed since polls began to close, how long could this go on for, and how will…
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Yearn.finance (YFI) has begun to outperform despite weakness in small-cap altcoins. The leading cryptocurrency has rocketed higher 25% from the daily lows of $7,500 and now trades for $9,500 per coin. In the past 24 hours, YFI has gained 12.5%, outperforming a majority of the crypto-assets in the top 100 by market capitalization. Related Reading:…
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Many Bitcoin analysts agreed that Bitcoin would stop rallying after its price hits $14,500. The cryptocurrency looked overbought on medium-term timeframes, a technical alert that typically amounts to a downside correction. But the bearish calls took a backseat on Thursday as Bitcoin extended its upside above $14,500, coming less than a hundred dollars closer to…
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