XRP has been facing some intense turbulence throughout the past few weeks, but the cryptocurrency is now facing some intense consolidation as analysts await more insights into where the rest of the market will trend in the days and weeks ahead. The resistance that the cryptocurrency faces within the mid-to-upper $0.60 region is quite intense…
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The value of the video game market in the US in 2020 is estimated to be $60.4 billion USD. Consumer spending on video games in just the second quarter in the US alone was $11.6 billion USD. In a market like this, competition is fierce. Here’s a list and overview of today’s top 5 crypto…
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Bitcoin is the best investment of 2020, up more than 150% year-to-date during a year filled with more uncertainty than ever before. That same uncertainty has helped bring the cryptocurrency back to prices near $20,000. And rather than rejection and bear market this time around, Bitcoin’s most profitable buy signal ever has just triggered, suggesting…
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Bitcoin is in the process of pushing higher today, with bulls aiming at sending the cryptocurrency up towards the resistance that it has long faced within the mid-to-upper $19,000 region. If the selling pressure here remains constant and continues hampering the cryptocurrency’s growth, then bears may be poised to gain some control over BTC’s price…
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Bitcoin volatility earlier in this week reached some of the most explosive price action in the asset’s history. In just a four hour window, the cryptocurrency rose and fell more than $1,000 each way, gyrating back and forth as buyers and sellers attempt equilibrium. But after that powerful surge, indecision is showing through a reduction…
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Bitcoin posted modest gains on Thursday as Democratic leaders signaled to reach an agreement with Republicans to pass the second round of COVID-19 stimulus by year’s end. House Speaker Nanci Pelosi (D-Califonia) said on Wednesday that a new bipartisan $908 billion relief package should serve as the basis of their months of negotiations with White…
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Yearn Finance’s governance token YFI continued its winning spree entering the Thursday session as its price maintained its weekly gains of about 30 percent. The YFI/USD exchange rate surged in the early European session, hitting $31,884 before turning lower due to profit-taking sentiment. That marked the second time in the previous 24 hours that witnessed…
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When Bitcoin ballooned to $20,000 the last time around, the network became so congested, slow transactions put a damper on the excitement surrounding the cryptocurrency industry, and the hype and the valuations it drove all came crashing down. A similar situation happened over the summer with Ethereum, where gas fees for using the smart contract…
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Chainlink (LINK) is showing positive signs above the $13.00 support, similar to bitcoin. The price is likely to accelerate towards $15.00 or higher in the near term. Chainlink token price is trading nicely above the $13.00 level against the US dollar. The price is now facing hurdles near $14.00 and the 100 simple moving average…
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Ethereum found support above $580 and corrected higher against the US Dollar. ETH price is facing a strong resistance near the $600 and $602 levels. Ethereum started a decent recovery wave above the $585 and $590 levels. The price is approaching the $600 barrier and it is above the 100 hourly simple moving average. There…
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