Bitcoin price extended its rise and traded above $24,000 against the US Dollar. BTC is currently correcting lower and it could find a strong support near $23,000 or $22,780. Bitcoin rallied further and it traded to a new all-time high above the $24,000 level. The price is now correcting below $23,500, but it is well…
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Ethereum is currently in a precarious position due to it flashing some immense weakness against its Bitcoin trading pair in recent weeks This has created some headwinds for its USD pair as well, leading to a pattern of severe underperformance against the benchmark cryptocurrency and even other altcoins It has still been able to post…
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The Cryptocurrency community is all set to have A Very Crypto.com Christmas The flagship cryptocurrency, Bitcoin is at its all-time high which further reinforces cryptocurrency’s position as a strong investment instrument. While those hodling Bitcoin witness their investment grow in a rapid pace, it is still not too late for newbies to make their first…
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Leela Quantum Tech (LQT), a company working on improving the health and wellness of the population by using advanced technologies to create easy-to-use products has launched a special Bitcoin edition of the world’s first Quantum T-Shirt. Aptly called the Plan B edition, this piece of clothing comes with the slogan “It’s Time for PLAN ₿” in bold…
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Bitcoin broke well above $20,000 this week, signaling that the bull market was real and that the cryptocurrency was likely to go parabolic in the very near term if it hasn’t already. The breakout was supported by the highest “Real Volume” since the June 2019 high. High volume during a breakout is a sign that…
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Chainlink has been underperforming Bitcoin and the aggregated crypto market as of late, with its price action largely mirroring that of the rest of the altcoin market. While Bitcoin captures investors’ attention with its massive uptrend, major altcoins like Ethereum and LINK have been underperforming, facing inflows of selling pressure as traders chase the BTC…
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Yearn.finance’s YFI token has seen massive gains from its multi-month lows of $7,500 set just a few weeks ago. The strength it has expressed since it drifted towards these lows has been impressive, with bulls laying a strong base of support within the lower-$20,000 region. It has yet to break below this level but is…
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At this point, no one can deny that Bitcoin has begun a new bull market. The 500% rally and new all-time high in 2020 is all the evidence that is needed. But that doesn’t mean that corrections won’t soon come, and according to VanEck’s digital asset director, Gabor Gurbacs even a +50% price drop will…
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Bitcoin has been caught in the throes of an immense bullish trend throughout the past several days, with buyers in full control of its price action as the cryptocurrency puts some serious distance between its recent lows. It is important to note that the recent rejection at $23,700 proved to be quite significant for the…
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Every few years since the advent of Bitcoin, the cryptocurrency and blockchain industry sees a groundbreaking innovation that creates new subsections that promise to reach the level of impact and penetration as the asset class is having elsewhere in the greater financial space. Most recently, the explosion of decentralized finance (DeFi) has resulted in a…
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