Bitcoin has been facing some immense volatility throughout the past few days and weeks, with sellers stepping up and trying to invalidate the strength seen by the cryptocurrency as they hold it below the key $19,000 level. A sustained bout of trading below this level will certainly degrade its technical strength. Still, the intensity of…
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Bitcoin price is now once again trading around $20,000 and with it has brought about a surge in intraday volatility that the cryptocurrency market has yet to experience. However, according to a volatility measuring tool, this trend is only just beginning and will result in an explosive ride to the next bull market peak. Here’s…
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Bitcoin’s long-term bullish outlook may have received further support from investors’ latest bet on the long-dated Treasury notes. The Wall Street Journal reported on Wednesday that investors believe that the Federal Reserve will start buying long-term US bonds after its next policy meeting in December. The divided outcome of the November 3 elections left investors…
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MXC Foundation, a Berlin-based startup creating the data transmission infrastructure for tomorrow’s cities, is to launch a Polkadot parachain. In 2021, the project’s efforts to support IoT and smart urban design will receive a boost when its parachain launches, connecting MXC to the world’s leading smart contract blockchain for interoperability. Once MXC has integrated with…
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SushiSwap’s governance token SUSHI continued its rally upward on Wednesday as its price per unit breached the $2-resistance level. The SUSHI/USD exchange rate rose 13.15 percent ahead of the New York opening bell, trading at $2.18. The latest gains came as a part of a broader upside move that brought SUSHI’s week-to-date returns up by…
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Ripple started a fresh decline after it failed to clear the $0.6800 resistance against the US Dollar. XRP price is showing bearish signs below the 100 hourly SMA and facing many hurdles. Ripple started a sharp downside correction from the $0.6800 resistance against the US dollar. The price is now trading below the $0.6250 support…
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Ethereum traded to a new yearly high at $636 before correcting lower against the US Dollar. ETH price is showing bearish signs and it could decline heavily if there is a break below $570. Ethereum started a downside correction after trading to a new yearly high at $636. The price is trading below the $600…
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Bitcoin price formed a new yearly high close to $20,000 before correcting lower against the US Dollar. BTC could accelerate its decline if there is a clear break below the 100 hourly SMA. Bitcoin is currently correcting lower below the $19,500 and $19,000 levels. The price is approaching a key support at $18,350 and the…
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Bitcoin has undergone a strong surge over the past few weeks, strongly outperforming gold. The price of the leading precious metal has actually dropped strongly over the past few weeks, underperforming the stock market and BTC massively. Many think that it is Bitcoin that may be sucking the wind out of the sails of gold.…
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SushiSwap’s native token, SUSHI, is in the midst of undergoing a massive surge higher. The coin is up 35% in the past 24 hours according to top data sources in the space such as CoinGecko. This performance makes it the best performing digital asset of the past 24 hours, strongly outperforming Bitcoin and Ethereum. BTC…
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