Bitcoin began trading cautiously on Monday as US lawmakers struggled to finalize a stimulus plan following its expiry on July 31. The critical point of difference between Democrats and Republicans continues to be the proposed $1,200 assistance for the unemployed. A final stimulus announcement could put more downside pressure on the US dollar, which, in…
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After a near-unstoppable uptrend, Ethereum’s rally was stopped dead in its tracks just 20 hours ago. In the span of just around ten minutes, the price of the leading cryptocurrency plunged from $415 to a low of $325 on most spot exchanges. Chart of ETH’s price action over the past few days from TradingView.com This…
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Bitcoin crashed more than $1,500 from the $12,115 high against the US Dollar. BTC is currently consolidating above $11,000 and it must surpass the 100 hourly SMA for a fresh rally. Bitcoin is holding a couple of important supports near the $11,000 and $10,850 levels. The price seems to be facing a strong resistance near…
DetailsThe crypto exchange and trading giant OKEx has recently announced four new partnerships to expand the real-world usage of its adopted utility OKB token. The partnership with trading bot platforms HaasOnline and Cryptohopper, decentralized exchange – Saturn Network, and the smart contract platform – MyWish now allows token holders to spend OKB for making payments…
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Ripple surged more than 30% this past week to climb above $0.3000 against the US Dollar. XRP price nosedived below $0.3250, but technicals suggest a fresh increase above $0.3150. Ripple price surged above the $0.3000 and $0.3150 resistance levels against the US dollar. The price dived more than 20%, but dips remained well supported above…
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Ethereum dived from the $417 swing high and traded below $350 against the US Dollar. ETH price is currently recovering above $375 and it is likely to climb back above $400. Ethereum started a sharp decline from the $417 high and dived towards the $300 support. The price recovered sharply above $350 and it is…
DetailsAlthough crypto is undoubtedly innovative in nature, the majority of crypto exchanges are dragging behind, unable to fully realize the great possibilities of modern trading protocols. Many crypto exchanges are run digitally, yet are not all using the right protocols, causing systems and platforms to lag, offering slower fill times, higher latency, and more bottlenecks.…
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Last week, analysts thought XRP was on the verge of a massive breakout. Against the dollar and against Bitcoin, the leading altcoin saw an explosive breakout that reminded some of the start of the infamous 2017/2018 pump. Yet on Saturday night, just before the weekly close, the asset underwent a strong drop, as did many…
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Ethereum saw one of the most intense drops it has seen since mid-March yesterday, with the cryptocurrency’s price reeling from highs of $415 to lows of $300 in a matter of minutes. This decline caught bulls off guard, as the crypto was previously flashing signs of overt strength as it pushed higher each day. ETH’s…
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Bitcoin witnessed some of the most intense volatility it has seen in months late yesterday evening. After rallying up to highs of $12,000, BTC struggled to surmount the resistance at this level, which ultimately resulted in a sharp price decline that sent it reeling down towards $11,000. It has been finding some strong support at…
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