Bitcoin price just exploded, setting a new higher high following last month’s plummet to below $4,000. Is this the start of a new bull market as the halving looms closer? Weekly candlesticks suggest that an explosive impulse upward is likely to occur, potentially making for the perfect pre-halving set up for a massive rally. Bitcoin…
DetailsXRP continues to disappoint its investors and community, by being unable to sustain anything resembling a rally over the course of the last year. Prior to that, each short-lived rally was sold down by Ripple themselves, further crushing any hope for positive momentum. But now, a massive surge in volume after XRP exploded out of…
DetailsTezos’ native token XTZ is steadily trending upwards against Bitcoin since October 2019. A medium-term ascending trendline is offering strong support to the said uptrend. Favorable fundamentals and technicals could lead XTZ to establish an all-time high in bitcoin-enabled markets. Tezos blockchain’s native asset XTZ could register a historic high against Bitcoin in 2020 despite facing…
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In the past 20 minutes, Bitcoin has rocketed higher. After trading around $7,000 for most of Wednesday, the cryptocurrency started to rally, hitting a local high of $7,770 just minutes ago — 9% higher than the weekly open and a more impressive 14% higher than the weekly low. This was a move that surprised crypto…
DetailsLike the rest of the crypto market, Ethereum, too, has performed extremely well over the past hour. The second-largest cryptocurrency, which traded around $183 for most of Wednesday, surged as high as $195 just minutes ago on the back of a short squeeze in the Bitcoin derivatives market, which pushed the asset up nearly 10%…
DetailsThe altcoin known as Stellar, or XLM, has stood strongly alongside XRP as two of the worst-performing cryptocurrency assets of the last few years. But the asset’s woes could soon be turning around after a significant rally aginst Bitcoin took place right under investors noses. Is this another sucker’s rally, or is Stellar about to…
DetailsCredits, B2B and B2C blockchain-based system, today announced its partnership with GeoDB, a decentralized peer-to-peer big data sharing ecosystem. The subject-matter of the agreement between companies involves concerted action to address common goals in the process of the implementation of blockchain technology in various business sectors. GeoDB is a decentralized peer-to-peer big data sharing ecosystem…
DetailsIf you’ve followed the Bitcoin and cryptocurrency space at all over the past few years, you likely know of the term “HODL” or “to HODL.” A misspelling of the word “hold,” it’s an industry joke used by cryptocurrency investors in reference to the investing habits of many in the space: accumulate BTC as fast as…
DetailsThe upcoming bitcoin halving event could prompt a new wave of panic-selling by miners, says a pseudonymous analyst. Some traders may manipulate bitcoin to bootstrap a bullish narrative. Popular bullish models are flawed. Bitcoin Halving has become an eye-candy for a majority of bulls in the cryptocurrency market. The event will make bitcoin scarcer by…
DetailsEthereum is up close to 8% and it surged above the $180 resistance against the US Dollar. ETH is likely to accelerate higher towards the $195 and $200 levels in the near term. Ethereum is back in a positive zone above the $175 and $180 levels. The bulls are now in control and they are…
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