From last week’s highs, Bitcoin sustained a heavy correction into Saturday. The cryptocurrency fell from $16,000 to a low of $14,300, marking the first large correction of the recent uptrend. The cryptocurrency has since bounced back as the markets have turned risk-on once again on news of a seeming Biden presidency. While the Nasdaq futures…
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Chainlink (LINK) started a sharp rise from the $10.00 support zone. It traded as high as $13.64, corrected lower, and now it is likely preparing for another leg higher over $13.00. Chainlink token price started a major upward move after it cleared the $11.50 resistance against the US dollar. The price traded as high as…
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Ethereum climbed higher nicely from the $425 support zone against the US Dollar. ETH price is struggling to clear the $460 resistance and it could revisit $420 in the near term. Ethereum is showing a few bearish signs below the key $460 resistance level. The price is trading above the $440 support and the 100…
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Bitcoin price started a fresh increase from the $14,380 swing low against the US Dollar. BTC is back above the 100 hourly SMA, but it must surpass $15,600 for more upsides in the near term. Bitcoin started a strong upward move after trading as low as $14,380. The price climbed back above $15,200 and the…
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There were fears that Ethereum 2.0 (ETH2 or Serenity) was going to be delayed once again. Danny Ryan, an Ethereum Foundation researcher, said in a podcast in the middle of October: “This library is critical to creating keys, signing messages. Critical, in early phases, [means] that if you use this library, they need to be…
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Chainlink has been flashing signs of immense strength throughout the past few days, rebounding from its recent lows alongside Ethereum and the aggregated DeFi sector. Most of the cryptocurrencies associated with decentralized finance have posted large gains throughout the past couple of days, primarily coming about following Yearn.finance’s immense surge from its $7,500 lows that…
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Bitcoin has dropped since the highs of $15,975 set in the middle of last week. The price of the leading cryptocurrency currently trades for $15,200 but traded as low as $14,300 on Saturday. Despite the drop, analysts believe that the cryptocurrency remains on an upward path. They point to longer-term charts that show Bitcoin is…
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Yearn.finance’s YFI token has been subjected to immense volatility throughout the past few days, with its price plunging to lows of $7,500 before seeing one of the most intense short squeezes ever. Within hours of tapping these lows, a sudden influx of buy-side pressure sent it rocketing to highs of $18,000, marking a well-over 100%…
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Bitcoin has been flashing signs of strength today as it rebounds from an intense selloff seen yesterday. Its reaction to this dip proves that this is a firm bull market, as each bout of selling pressure is met with serious buy-side pressure that slows its descent and helps lead it to see further upside. Where…
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It appears that decentralized finance (DeFi) bulls have finally returned. Aave (AAVE), one of the leading crypto-assets in the DeFi space, has surged 25% in the past 24 hours alone. This $AAVE reversal is legendary 🙌 — Spencer Noon (@spencernoon) November 8, 2020 This performance makes the coin the best-performing cryptocurrency in the top 100…
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