Ethereum’s price action has been incredibly lackluster compared to that seen by Bitcoin and the rest of the crypto market. While BTC pushes up towards fresh yearly highs of $13,000, the rest of the crypto market has remained fairly stagnant. In particular, ETH has only seen tempered gains and remains well below its 2020 highs…
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Yearn Finance’s governance asset, YFI, was flying north during the European session Wednesday even as the token remained under broader downside pressure. The YFI/USD exchange rate added $430, or 3.33 percent, to grow towards $13,481 as of 1143 UTC. Its gains came as a part of a market-wide uptrend, led by Bitcoin’s surprising move above…
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Bitcoin bulls should expect pain ahead even as the cryptocurrency has added more than $1,000 to its value in the last five days. Bitcoin breaks $12,000 in the latest rally. Source: BTCUSD on TradingView.com Bitcoin breaks $12,000 in the latest rally. Source: BTCUSD on TradingView.com So says Joe007, a pseudonymous entity that was once the…
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Rumors broke earlier this year that PayPal would be changing its tune on cryptocurrencies and would soon be supporting Bitcoin and other assets. Today, however, Reuters reports that PayPal revealed it would indeed be offering cryptocurrency payments across the 26 million merchants on its network starting in early 2021. Bitcoin Price Tries Again For $12,400,…
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It’s been a tough past few days for altcoins, Chainlink (LINK) included. The price of the leading altcoin, based on Ethereum, has dropped 3.1% in the past 24 hours alone per CoinGecko market data. To put that into context, Bitcoin has rallied in excess of 4% over that same time frame. Stepping back, LINK’s price…
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Ethereum is gaining bullish momentum above $375 against the US Dollar. ETH price is showing positive signs and it might even climb above the $385 resistance. Ethereum started a fresh upward move after forming a support base near $368. The price is now trading well above the $375 level and the 100 hourly simple moving…
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Cardano’s price is holding the $0.1000 support level and recovering higher. However, ADA must surpass $0.1085 and $0.1100 to start a fresh rally in the near term. ADA is facing a strong resistance near $0.1065 and $0.1085 against the US dollar. The price is trading nicely above the $0.1000 support and the 100 simple moving…
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Peter Schiff is one of Bitcoin’s biggest naysayers. The well-known gold bug recently had his dirty laundry aired out for all to see, as part of an alleged tax evasion case involving his Euro Pacific Bank. As part of an exposé, it was revealed that Schiff’s offshore bank was once the target of Bitcoin ransomware,…
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Bitcoin is currently approaching the critical $12,000 resistance level that analysts and investors have been closely watching throughout the past few days and weeks. Its rally up to this level has come about throughout the past 24-hours, without any significant catalyst. One interesting trend that has coincided with this upswing is a selloff amongst altcoins.…
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The Kraken-owned Bitcoin and crypto-asset trading data provider and trade execution platform Cryptowatch just released a desktop client for expert and institutional investors in the industry. Cryptowatch is a modular trading terminal where users can track cryptocurrency market trends in an in-depth manner. For six years, the product had a webpage, but no formal desktop…
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