The cost to purchase one Ethereum (ETH) token surged to its two-year high in the days leading up to its transformation into a proof-of-stake asset. The ETH/USD exchange rate [almost] hit $600 on Monday following a 6.21 percent upside move, its highest level since May 2018. Traders apprehensively increased their bullish bets on the pair…
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Bitcoin’s amazing run of form these past couple of weeks is forcing the crypto skeptics to think again. Today sees a sell-off to $17.9k at the time of writing. However, with BTC rallying 150% since the start of 2020, many analysts believing it’s just a matter of time before Bitcoin cracks its previous all-time high. Source:…
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Users of leading cryptocurrency spot and derivatives exchange, OKEx can now rejoice as the platform has announced the resumption of cryptocurrency withdrawals by Nov 27. The latest announcement means that users will be able to withdraw their crypto assets after the platform temporarily suspended the service on Oct 16. The suspension on withdrawal was set…
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Ripple surged over 40% and it even broke the $0.4500 resistance against the US Dollar. XRP price weekly chart suggests high chances of more upsides towards $0.6000 and $0.7500. Ripple started a strong surge after it broke the $0.3000 resistance zone against the US dollar. The price even cleared the $0.4000 resistance and settled well…
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Ethereum is gaining pace above the $565 and $575 levels against the US Dollar. ETH price surpassed $580 and it seems like the bulls are aiming a test of $600 in the near term. Ethereum is trading in a positive zone above the $560 support level. The price cleared the $580 resistance and settled well…
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Bitcoin price failed to continue higher above $18,800 and corrected lower against the US Dollar. BTC is now trading below the 100 hourly SMA and showing a few bearish signs. Bitcoin is facing a strong resistance near the $18,700 and $18,800 levels. The price is now trading below $18,500 and the 100 hourly simple moving…
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Chainlink has seen a strong push higher over the past few days, with its ongoing rise coming about in tandem with that seen by Bitcoin and Ethereum This market-wide uptrend has proven to be highly beneficial for altcoins, with many posting massive gains throughout the past few hours as bulls aim at sparking a full-blown…
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Ethereum has exploded higher since the daily lows, rocketing from the $515-520 region to highs close to $580. The coin has retraced slightly to $565 as of the weekly candle close. Analysts expect ETH to move even higher in the days and weeks ahead. There are a number of technical and fundamental trends set to…
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Bitcoin has undergone a strong rally over the past few weeks, rallying from the $11,000 range to $18,700 as of this article’s writing. A comparison between BTC’s current rally and the rally that Tesla saw in late 2019 suggests that in the year ahead, BTC could be primed to see exponential growth. Although this conclusion…
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Bitcoin has undergone a drop since the local highs of $19,000. The coin currently trades for $15,500, though traded as low as $17,500 earlier today. The bounce has surprised many analysts, who thought that Bitcoin would sustain a deeper correction into the $15,000-16,000 range. Yet this bounce has come at a cost: the funding rates…
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