All of Bitcoin’s recent volatility has occurred within a relatively tight trading range between $9,000 and $10,000. There have been a few occasions in which the cryptocurrency has broken above or below these range boundaries, but each time has been short-lived and followed by a swift movement back into the range. This range was first…
DetailsAs Bitcoin becomes a serious financial asset, more top comedians are taking note of the asset. And it’s not acting as a butt of their jokes but as an addition to their investment portfolios. Crypto Rises From Far Corners Of The Internet Full of Memes and More Bitcoin and cryptocurrencies were born unto the underbelly…
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Stellar (XLM) has been incurring massive upside throughout the past couple of weeks, with the token’s price surging to fresh yearly highs just days ago. It is currently expressing some signs of weakness, however, as the token’s price recently faced a grim rejection that has since sparked an intense price decline. Analysts are noting that…
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Demand for Chainlink skyrocketed following the weekly candlestick open. As buy orders began to pile up, the decentralized oracles token saw its price rise by 38.5%. LINK surged from $4.75 to reach a new all-time high of $6.60. Despite the substantial upswing, investors seem to have taken advantage of the price action to take profits.…
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Bitcoin faced a grim rejection at $9,500 earlier this week that has caused its price to flash some notable signs of weakness. This rejection has now caused the crypto to set another “lower high” – further bolstering the bear case and causing BTC to be prone to seeing further near-term downside. One analyst is now…
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The median transaction fees on the Ethereum blockchain have been above Bitcoin’s for over a month. Data aggregator Messari noted that an explosion of activities on Ethereum-backed decentralized finance and stablecoin projects shot its fees higher. It further stated the Ethereum’s consistent uptrend shows that its demand is not slowing down. Ethereum has set a…
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Over the past few weeks, many analysts have questioned if Bitcoin is really on the verge of a bull market. After a strong rally in March, April, and May, the cryptocurrency sustained a heavy rejection at $10,500 at the start of June. Bitcoin’s inability to cross $10,500 has been seen as a strong blow to…
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Ethereum started a downside correction from the $248-$250 resistance zone against the US Dollar. ETH could extend its decline, but it must stay above $230 for hopes of a fresh increase. Ethereum is correcting lower and trading near the $235 support zone. The price is now trading below the $242 pivot level and the 100…
DetailsOKEx is known for its constant innovation and introduction of new features. One of the latest developments is the listing of the Compound project’s COMP token which is also available for Spot trading, Margin Trading and Savings and Perpetual Swap Trading. In a recent interview, CEO of OKEx Jay Hao explained how the Compound protocol…
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Ripple traded to a new monthly high at $0.2118 against the US Dollar. XRP price is currently correcting lower, but dips remain well supported near $0.1980 and the 100 hourly SMA. Ripple started a downside correction after trading as high as $0.2118 against the US dollar. The price is currently testing the $0.2000 support and…
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