The crypto asset called Chainlink has been the market’s best-performing asset for two years running. It has made many early investors rich, and even those who hopped on the bandwagon late as the asset continues to tap new highs. But did the asset really turn $10 into nearly a million bucks in just six months?…
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Bitcoin has faced some turbulence throughout the past couple of days. Following the benchmark cryptocurrency’s firm rejection at $12,000 this past weekend, it has largely been consolidating within the lower-$11,000 region. Yesterday, however, bulls attempted to spark a fresh leg higher. They sent BTC to highs of $11,500 before losing their momentum. From here, it…
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Bitcoin price hit a year-to-date high at $12,134, notching a new milestone in a bull run that started in March 2020. The benchmark cryptocurrency, nevertheless, underwent a “flash crash” minutes after topping out. Its price fell towards $10,500, a support level that earlier served as resistance during the Bitcoin’s uptrend. Analysts at TradingShot.com now expects…
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Things are going from good to better for Ethereum, the second-ranked cryptocurrency by market cap. Bitfinex CTO, Paolo Ardoino today tweeted that both spot, and perpetual, volumes for Ethereum have been consistently higher than Bitcoin during the past couple of days. $ETH volumes consistently above $BTC in the past days. Same for [email protected] pic.twitter.com/lCb3PJm9TC —…
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XTZ, the native token of Tezos – a multi-purpose blockchain, is looking to establish its quarter-to-date high, according to multiple analysts. Michaël van de Poppe, Jonathan Habicht, Karoush AK, amongst others see XTZ logging a bull run in the coming sessions. The analogy appears after XTZ/USD held strong support near $2.73 on multiple occasions. A…
DetailsBitcoin has seen an extremely strong performance over the past two weeks, even factoring in the Saturday flash crash that took BTC down $1,500. Despite this rally, Euro Pacific Capital chief executive Peter Schiff still thinks the cryptocurrency is still bearish. The prominent cryptocurrency critic commented on Twitter on August 2nd that BTC is still…
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Ripple is rising and trading in a positive zone above the $0.3000 support against the US Dollar. XRP price is likely to continue higher above $0.3200 and 0.3250 in the near term. Ripple price is showing a lot of bullish signs above the $0.3000 support against the US dollar. The price is likely to accelerate…
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Believe it or not, XRP has been one of the best performing crypto assets of the past ten days. After a brutal bear market that brought it 97% below its $3.50 all-time high, the asset surged past $0.30 late last week for the first time in many months. XRP even managed to fend off the…
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While Bitcoin is struggling to break past the resistance at $11,400-11,500, Chainlink (LINK) is surging higher. In the past 24 hours as per data from Coin Market Cap, the popular altcoin has gained 12% against the U.S. dollar. Against BTC, LINK has gained closer to 9.5%. With this latest leg higher, the asset has become…
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After spending over two years running atop the worst crypto market performers list, XRP has potentially begun a long-term recovery. According to technical analysis patterns and statistics, a short-term target for XRP may be closer to 40 cents per token. After that, a far larger surge is possible. Here’s what Ripple’s long road to recovery…
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