Synthetix (SNX) remained in a bullish zone above $15.00, despite pullbacks in bitcoin and ethereum against the US Dollar. SNX price is likely to rally towards $20.00 if it clears the $16.00 hurdle. There was a steady increase in synthetix’s SNX price above $12.00 against the US dollar. The traded to a new yearly high…
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Ethereum struggled to clear $1,150 and started a fresh decline against the US Dollar. ETH price is currently trading well below the 100 hourly SMA and $1,100. Ethereum is showing a few bearish signs after getting rejected from the $1,150 resistance zone. The price is now trading well below $1,100 and the 100 hourly simple…
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Bitcoin price failed to clear the key $36,000 resistance zone against the US Dollar. BTC is showing a few bearish signs and it could continue lower towards $30,000. Bitcoin failed to gain momentum above the 36,000 and $36,200 resistance levels. The price is now struggling below $35,000 and the 100 hourly simple moving average. There…
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Bitcoin is making history, and people everywhere want to be apart of it. The cryptocurrency has attracted all sorts of speculators, ranging from retail investors to institutions, and now even corporations. It also has one New York bar and restaurant owner wanting to make history by betting his two businesses on Bitcoin and is offering…
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Bitcoin has begun to drop lower once again despite the flush on Monday to $30,000. The leading cryptocurrency currently trades for $32,500, below the $36,000 highs the cryptocurrency saw during a bounce earlier today. Bitcoin’s drop comes in spite of the fact that the funding rates on leading crypto-asset futures platforms have reset. The funding…
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Ethereum has been closely tracking Bitcoin’s price action throughout the past few days, which has caused it to bear witness to immense volatility The cryptocurrency’s price rocketed up to highs of $1,400 last week before facing intense inflows of selling pressure that sent it to $900 It has since recovered from this decline, and it…
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Bitcoin yesterday saw its largest daily red candle in its history in terms of total dollars moved. Today, the selling has continued, and it has caused the MACD to turn bearish for the first time since the leading cryptocurrency by market cap took out $20K. Is this a sign of a short term reversal, or…
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The global crypto exchange leader, Huobi has announced support for the Russian ruble (RUB) allowing users to deposit and withdraw the new fiat currency on their platform. The new feature is introduced in collaboration with also enables users to purchase popular cryptocurrencies like BTC, ETH, LTC, USDT, EOS, BCH, ETC, BSV, DASH, HT and HPT…
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e-Money introduces fast, frictionless swapping of currency backed tokens into the Cosmos ecosystem With the world’s largest funds pouring millions into Bitcoin, the eyes of the world are on cryptocurrencies once again. Although the global acceptance of Bitcoin seems more imminent than ever, cryptocurrencies are known for their volatility with aggressive price swings and market…
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Bitcoin has been caught in the throes of immense volatility as of late, with buyers losing their edge over its price action The cryptocurrency is now, once again, drifting down towards the lower-$30,000 region, which is around where it has been trading throughout the past few weeks Where the entire market trends next will undoubtedly…
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