There have been dozens of obituaries for Bitcoin over the asset’s short history. Despite constantly being proclaimed dead or projected to fall to zero, in theory, it cannot be stopped or killed. However, the one thing that could actually destroy Bitcoin, is actually happening today. Although today’s event may not be powerful enough to put…
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Following Bitcoin, Ethereum, and other top cryptos lower, Compound (COMP) has shed 9% in the past 24 hours., the asset now trades at $180, lows not seen in over a week. COMP’s -9% performance in the past 24 hours makes it one of the worst-performing digital assets of that time frame. For context, Bitcoin and…
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Chainlink (LINK) started a sharp downside correction from the $19.93 high against the US Dollar. It is now trading above the $15.00 support and eyeing a fresh surge above $17.00. Chainlink token price is trading above the key $15.00 support zone against the US dollar. The bulls are facing a couple of important hurdles near…
DetailsMost readers are likely aware of Yam Finance, an Ethereum-based decentralized finance project that took the industry by storm last week. Announced just earlier this month by five developers in the space, the project, whose native token is YAM, exploded out of the gate. Within the span of a few hours, YAM grew to a…
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Bitcoin price settled below the $12,000 support level against the US Dollar. BTC is currently consolidating above the $11,650 and $11,500 support levels, below which it could nosedive. Bitcoin remained in a short-term bearish zone and it settled below the $12,000 region. The price is currently consolidating losses above the $11,650 and $11,550 support levels.…
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Ripple extended its decline and tested the $0.2800 support against the US Dollar. XRP price is likely to start a slow and steady rise as long as it is above the $0.2800 support. Ripple failed to stay above the $0.2850 support and tested the $0.2800 region against the US dollar. The price traded to a…
DetailsBack in April of this year, PrimeXBT introduced the Covesting copy trading module beta in partnership with Europe-based software developer Covesting, bringing a level of competition, transparency, and simplicity to the crypto industry, unlike anything else. After several months of beta testing, regular improvements, and feature updates, the full public launch of the crypto market’s…
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Altcoins across the crypto market have been outperforming Bitcoin by a large margin. The trend kicked off while the first-ever cryptocurrency traded sideways – something analysts say is the best environment for altcoin dominance to thrive. But just as Bitcoin’s consolidation phase has ended, the total altcoin market cap has run into strong ascending trendline…
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Tezos’ price action over the past week has primarily favored sellers, with buyers being unable to catalyze any strong uptrend while also being unable to guard against today’s market-wide selloff. The decline seen by the cryptocurrency earlier today led it to plunge to lows of $3.60. This marks a serious decline from its multi-day highs…
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Chainlink has been caught in the throes of intense volatility in recent weeks, with its price incurring parabolic momentum before facing an influx of selling pressure that sent it reeling significantly lower. This volatility has come about as talks of LINK’s growth heat up, with mainstream news outlets covering its ascent and prominent social media…
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