At this point in time, one can accurately predict that blockchain technology is here to stay. In fact, it’s also safe to say that the market is only just getting started, as massive disruption of the digital ecosystem is bound to occur in the years to come. Reports clearly indicate that blockchain technology is expected…
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A recent downside correction in the Bitcoin market has done little to offset its long-term bullish bias, indicates Robbie Liu. The OKEx investment analyst listed a flurry of trading data readings that showed the cryptocurrency facing limited downside risks. He noted that the last week’s “Musk rally” of more than $6,000 helped the bullish sentiment…
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ADA, a cryptocurrency backed by blockchain network Cardano, reached its best levels in the previous three years amid a major capital influx from Bitcoin to the altcoin market. The ADA/USD exchange rate hit $0.51 after rising more than 15 percent during the Asian session Friday. The pair’s gains appeared as a part of a broader…
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Ripple started a fresh increase above the $0.4000 resistance against the US Dollar. XRP price is likely to accelerate further higher if it clears the $0.4650 resistance. Ripple is up over 15% and it broke a major resistance near $0.4200 against the US dollar. The price is trading well above $0.4400 and the 100-day simple…
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The new year has started, and already, it has brought major changes to the crypto industry. Bitcoin is making new milestones every other day, and its newest record is above $40,000. Even Ethereum, the birthplace of DeFi (decentralized finance) has finally managed to climb above $1,000 for the first time in 2018. Speaking of DeFi,…
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Ethereum started a downside correction from a new all-time high at $1,697 against the US Dollar. ETH price is holding gains above $1,600 and it could start a fresh increase. Ethereum started a downside correction below the $1,650 and $1,620 levels. The price is still trading well above $1,600 and the 100 hourly simple moving…
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Bitcoin price started a downside correction from the $38,000 resistance against the US Dollar. BTC is holding the $36,000 support and it could rise again in the near term. Bitcoin extended its rise and it even cleared the $38,000 resistance (as discussed yesterday). The price is still trading above $36,375 and the 100 hourly simple…
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Bitcoin price has been consolidating for many weeks now, but has still yet to choose continuation or further correction. Over the last few days, bulls have begun to regain momentum, but have yet to clear one important hurdle before it is “off to the races,” says one crypto capital manager. Here’s the line they’re referring…
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Bitcoin has seen some turbulent price action throughout the past couple of days, but it has primarily favored bulls The cryptocurrency was able to rally from the lower-$30,000 region to highs of $39,000 before it once again faced some intense selling pressure that sent it reeling lower The benchmark crypto has been able to find…
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Bitcoin is in a bull market and anyone who understands the cryptocurrency’s potential knows that much higher prices are ahead in the short- and long-term. But how high would prices actually reach if the cryptocurrency’s price action mimicked the epic 2017 rally, tick for tick? An analyst at Ark Invest has come up with a…
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