Bitcoin price traded above the $12,000 resistance before starting a downside correction against the US Dollar. BTC is likely to remain supported above $11,650 and it could rise again. Bitcoin gained bullish momentum and it broke the $11,800 and $12,000 resistance levels. The price traded to a new weekly high at $12,066 and it is…
DetailsJustSwap is TRON’s brand new decentralized Token exchange protocol that allows the instant exchange of TRC20 tokens and also assures more credible and affordable DeFi Operability on TRON. TRON has been making big waves in the crypto scene for quite some time now. The leading blockchain network has recently launched its first decentralized Token exchange…
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Ethereum extended its rally by 10% and it broke the $465 resistance against the US Dollar. ETH price traded to a new multi-month high at $490 before starting a downside correction. Ethereum is up over 10% and it broke the $465 and $470 resistance levels. The price traded to a new multi-month high at $490…
DetailsIt’s been quite the day for the Bitcoin and crypto-asset market, with the price of BTC breaking above $12,000 after a strong rejection around two weeks ago. Ethereum also saw an extremely strong day, rallying as high as $490 as buying pressure spiked. Altcoins have seen extreme price action as well, with certain market participants…
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Chainlink has been flashing some mixed signs to investors in recent weeks, with the cryptocurrency rallying as high as $18.00 earlier this week before plunging to lows of $15.00 earlier today. Bulls are now attempting to stabilize it within the upper-$15.00 region, with the chances of it seeing further downside growing as it fails to…
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Tezos, like many mid-cap altcoins, has been witnessing mixed price action throughout the past several days and weeks, struggling to maintain the momentum that it established throughout July and August. The cryptocurrency is now caught within what appears to be an extended consolidation phase, with it forming a relatively wide trading range between $3.20 and…
DetailsThe Ethereum-based Yearn.finance (YFI) was forked multiple times in July and August as developers looked to replicate the original’s success. For context. YFI surged around 100,000% from its first-known price in around a week, shocking many investors and making fortunes for Ethereum users. One such fork that attempted to replicate the success of YFI was…
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Chainlink has been the biggest success story in the crypto market since the 2017 bubble popped. In 2020 alone, the asset is up over 700%. From low to high the asset surged over 1200%, helping to grow the altcoin’s market cap to nearly as large as the Ripple and Tether. But after such a sizable…
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The dollar’s impact on markets in 2020 cannot be overstated. Its weakness and decline in the face of the pandemic and a dwindling US economy, has allowed assets like Bitcoin, precious metals, and equities to surge. However, the DXY Dollar Currency Index just closed a monthly candle below an over decade-long trend line dating back…
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Bitcoin just moved past $12,000 for the first time since the strong rejection around 10 days ago. The leading cryptocurrency now trades for $12,020, though it has not yet flipped the pivotal $12,000 level into resistance. Analysts are keeping their eyes to the charts as the short-term reaction to $12,000 will dictate Bitcoin’s directionality in…
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