Bitcoin price is on fire again, after spending three full months trading sideways. After busting through resistance at $10,000 and out of its downtrend, the asset quickly rocketed to over $12,000. Still, one economist says that this is just the “super early days” of Bitcoin’s next uptrend. And the monthly crypto chart shows that this…
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While Bitcoin and Ethereum have stalled over the past 24 hours, Matic Network (MATIC) has broken out. The prominent altcoin, currently the 96th largest by market capitalization, is up 15% in the past 24 hours alone. This means the asset is outpacing BTC by 13.9% and ETH by 13.7%. Analysts expect more upside for the…
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BAND – the token associated with Band Protocol’s decentralized oracle network – has been one of the best performing digital assets in recent weeks, surging by 32x since the start of the year. A good portion of these gains have come about over the past few days, with the token’s uptrend turning parabolic after news…
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Despite stagnation in the value of ETH, demand for Ethereum transactions continues to increase day after day. This is largely due to the growth seen in what is known as decentralized finance — or “DeFi.” Coins and protocols pertaining to this space are largely based on Ethereum, meaning that the network has racked up countless…
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Band protocol may be following in Chainlink’s fiery footsteps, rising nearly 9000% in the last few months. The crypto altcoin has gone fully parabolic, which has rewarded early investors handsomely. However, when parabolic advances break down, they often correct by 80% or more. Is the altcoin headed towards a deep correction, or will the asset…
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XRP has seen some mixed price action in recent weeks. After incurring an explosive rally that sent its price surging up towards $0.33 last week, it has been consolidation below its $0.30 support, struggling to garner further strength. Analysts are noting that this ongoing consolidation phase may simply be the calm before the storm. One…
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Tezos has been outperforming many of its larger counterparts throughout the past few days as XTZ journeys up towards $4.00. This strong price action has allowed the cryptocurrency to hit fresh yearly highs late-yesterday, and its momentum isn’t showing signs of slowing down anytime soon. The cryptocurrency is now on the cusp of shattering its…
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Bitcoin attempted to shatter its $12,000 resistance yesterday, which ultimately resulted in a rejection that led it down towards $11,700. At this price level, however, buyers stepped up and absorbed the heavy selling pressure, subsequently pushing the benchmark cryptocurrency up towards $11,900 before its momentum began slowing. The key resistance that sits just above its…
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With Bitcoin pumping, major altcoins flying, and new all-time highs being set, the crypto market fear and greed index is tapping highs not seen in over a year. In fact, the metric has achieved the second-highest reading in the index’s history. What does soaring crypto market greed potentially reveal about where the current uptrend stands?…
DetailsWith the bull run of BTC upon us, and Bitcoin surpassing the $10,000 benchmark, now might be as good a time as ever to use your BTC before the volatility heads back south. It’s been a while since we got above this psychological breakpoint, and many analysts suggest that eventually, Bitcoin will sink lower again.…
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