Ethereum surged over 5% and it even spiked above the $400 resistance against the US Dollar. ETH price is struggling to clear the $400 resistance, but is remains well supported. Ethereum started a strong upward move above the $385 and $392 resistance levels. The price traded to a new monthly high at $402 and it…
Details
Earlier this week, all eyes were on Bitcoin, not DeFi. The leading cryptocurrency shot a handful of percent higher while altcoins actually began to move lower against the dollar, sometimes by 5-10%. Some DeFi coins actually dropped 15% on the day that Bitcoin shot 2-3%. This trend did not persist, though. Altcoins have begun to…
Details
It’s been quite the past few days for the Bitcoin price. After trading as low as $11,200 last week, the cryptocurrency has rocketed higher. BTC now trades for $12,940 as of this article’s writing, just shy of the $13,000 daily highs it reached just hours ago. Source of BTC’s price action over the past few…
Details
Bitcoin has seen an absurd amount of intraday volatility over the past day amid the best price action in many months. The coin currently trades for $12,900, a few hundred dollars shy of the daily and year-to-date high set just minutes ago at $13,250. Bitcoin plunged as low as $12,600 on futures platforms during that…
Details
Bitcoin price nearly hit $13,000 today after an almost $1,000 intraday candle tapped the remaining bear market resistance keeping new all-time highs at bay a little while longer. With so many traders in profit, short-sellers have stepped up in a major way, opening millions in positions betting big that the recent uptrend will soon reverse.…
Details
Chainlink and other altcoins have been severely underperforming Bitcoin throughout the past few days, as BTC has pushed to fresh yearly highs while most altcoins remain down 50% or more from their highs that were set just a few days ago. The immense selling pressure that has been placed on altcoins as a result of…
Details
Bitcoin has very few resistance levels left to clear before a new bull run is on, and the leading cryptocurrency by market cap returns to price discovery mode in search of its next all-time high. And while that break out into a bull market draws nearer with each passing day, so far, there’s no volume…
Details
Ten years ago, humanity wrestled with a generational crisis named COVID-19. In the wake of the pandemic and its cataclysmic fallout, seismic changes occurred and a wellspring of ideas burst forth. The weaknesses of our society laid bare, people were freed to think differently about the social contract. Conversations around the function of money and…
Details
For the second day straight, Bitcoin is up while equities fall. Is this the beginning of a decoupling from traditional markets? @SmartContracter picked up on this trend yesterday by saying: “was very surprised to see this today, but there is nothing i would like more than to see btc break its correlation with equities.” However,…
Details
Bitcoin is exploding higher on the back of two extremely positive fundamental events: PayPal adding support for cryptocurrency and the U.S. confirming an imminent fiscal stimulus package. BTC currently trades for $12,800, far above the lows seen just a week ago at $11,200. Source: BTCUSD from TradingView.com The price of Bitcoin plunged last week as…
Details
