Bitcoin is struggling to gain bullish momentum above $11,300 against the US Dollar. BTC could extend its decline unless it surges past the 100 hourly SMA. Bitcoin is facing a strong resistance near the $11,300 and $11,400 levels. The price is now trading well below the $11,400 level and the 100 hourly simple moving average.…
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Ripple is trading with a minor bearish angle below $0.3020 against the US Dollar. XRP price must stay above $0.2850 to start a fresh increase in the near term. Ripple is declining steadily and it even broke the $0.3000 support zone against the US dollar. The price is currently testing the $0.2980 support zone and…
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It’s the best-kept secret within the crypto markets that Chainlink (LINK) has been one of the best performing digital assets throughout 2019 and 2020. It has posted intense gains that have far outpaced those seen by Bitcoin and virtually every other digital asset. This strength is unwavering as well, with LINK rallying to fresh all-time…
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Tezos (XTZ) has been posting strong price action throughout the past several days, bucking the market-wide consolidation trend as its price stabilizes above $3.00 After facing some turbulence this past weekend alongside the rest of the market, the cryptocurrency has been slowly grinding higher, surging from lows of $2.80 that were set on Saturday to…
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It’s been an explosive past few days for Chainlink (LINK), despite the implosion Bitcoin saw on Saturday evening. As reported by NewsBTC, the price of the popular altcoin surmounted $9 for the first time ever on Monday. The asset reached a local high of $9.40 at the time of our report, around 5% above the…
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A perfect storm of ICOs, Bitcoin, and an emerging finance industry full of unknown tech born from mysterious figures helped crypto soar in 2017. Eventually, the bubble inflated too large and ultimately burst. There hasn’t been quite the same level of FOMO since. That all could change if more crypto companies go public over the…
DetailsBarstool Sports president Dave Portnoy has been amassing a notable following throughout the past few weeks due to his stock trading live streams – and now he wants in on Bitcoin. Despite previously questioning Bitcoin’s status as an investment, the eccentric trading personality now wants exposure to the digital currency’s immense volatility. In a recent…
DetailsDespite volatility in the Ethereum market, decentralized finance (DeFi) — which some argue is the killer use case for the cryptocurrency — has continued to see rapid growth in recent months. Ethereum’s DeFi Space Is Seeing Rapid Growth Spencer Noon, the head of the cryptocurrency fund DTC Capital and an on-chain analyst, noted on August…
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After months of consolidation, Bitcoin broke free from a tight, boring trading range and continued the uptrend that began in early April. Despite the cryptocurrency turning from bearish to bullish, a full break out into a new bull market won’t arrive until 2021. Here’s what past Bitcoin cycle data predicts for when the asset may…
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VeChain has enjoyed an impressive bull rally thus far this year, despite the chaos caused by the ongoing pandemic. The VeChainThor technology continues to expand to a wide range of industries, providing solutions to real-world problems. For this reason, investors are seemingly giving VET their vote of confidence. This market behavior has been reflected in…
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