Bitcoin’s price action has been rather mixed as of late. Although the cryptocurrency has been slowly grinding higher, the lower-$11,000 region has proven to be a heavy resistance zone that is hampering its growth. The intensity of the selling pressure here seems to indicate that bulls may not be quite as strong as they previously…
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Binance Coin (BNB), the native token of Binance Chain and Binance Smart Chain (BSC), surged by 55% in 13 days. Some high-profile investors anticipated the strong performance of BNB following the release of BSC. The daily price chart of Binance Coin. Source: BNBUSDT on TradingView.com On September 12, Kelvin Koh at the Asia-based cryptocurrency investment…
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UBS, a top-two investment bank in Switzerland after Credit Suisse, has a bullish outlook on gold. In the medium term, the improving sentiment around the precious metal could buoy the bull case of Bitcoin (BTC). Many high-net-worth investors within the cryptocurrency space describe Bitcoin as gold 2.0. Billionaire investors the Winklevoss twins have consistently said…
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The UMA Protocol continued to lose portions of its market capitalization on Friday as its native token of the same name plunged further. THE UMA/USDT exchange rate was trading at $12.81 as of 12:14 UTC, down about 8.5 percent into the European session. Lackluster volumes and low volatility appeared as the primary catalyst for the…
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Scheduled as the next phase of the SaTT progress, the token would be listed on several top tier exchanges namely Kucoin and Uniswap the 24th September, opening it up to a big audience of users, traders and investors, giving the project the exposure it deserves. The success of SaTT token sales and future listing isn’t…
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The issue of high Ethereum gas prices isn’t going away anytime soon. Just last month, total daily fees on the Ethereum network managed to reach an all-time high of $8.6 million. Following a brief respite from high charges, the latest data from coinmetrics.io, for August 31, 2020, shows an alarming trend back towards that all-time…
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Ethereum is on the track of registering more losses eves as it trades 196 percent higher on a year-to-date timeframe. A pseudonymous analyst highlighted a string of technical and fundamental catalysts that could push the second-largest crypto lower. He first noted that ETH/USD is repeating a market setup from the mid-2019, wherein the pair early…
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There is not just HODL in the life of crypto-enthusiasts, also there is trading. Whether for beginners in the field or for those who want to maintain a trading strategy up and running 24 hr a day, using a Bitcoin trading bot seems to be a fantastic option. Trading robots are spreading out in the…
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Bitcoin price corrected lower, but it found support near the $10,750 zone against the US Dollar. BTC is currently rising and it looks ready for another break above the $11,000 resistance. Bitcoin is trading in a positive zone above the $10,650 and $10,750 support levels. The price is likely to break the $11,000 resistance as…
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Ethereum extended its rise above the $390 zone and traded close to $400 against the US Dollar. ETH price is currently correcting lower and it is likely to find support near $380. Ethereum is trading in a positive zone and it recently broke the $390 resistance. The price traded as high as $395 and settled…
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