Ethereum surged over 10% and it settled nicely above the $400 resistance against the US Dollar. ETH price is consolidating gains and it seems like it could rally further above $420. Ethereum gained bullish momentum above the $400 and $410 resistance levels. The price traded to a new monthly high at $422 and settled above…
Details
Paul Tudor Jones made headlines earlier this year when he stated in a letter to investors in his fund that Bitcoin is likely going to be the best hedge against inflation in the coming few years. His belief in Bitcoin’s future at the time was unique, as he was one of the few mainstream macro…
Details
Leading crypto derivatives platform BitMEX has continued to support new cryptocurrencies after promising to do so earlier this year. The firm recently announced the addition of three new futures contracts for its users. BitMEX has been a subject of much scrutiny over recent weeks due to the U.S. CFTC announcing it is charging the exchange…
Details
XRP has been severely underperforming Bitcoin and the aggregated crypto market throughout the past few days and weeks, struggling to gain any momentum as its price continues hovering within the mid-$0.20 region. This underperformance may not last for too much longer, as analysts are now widely noting that it is currently in the process of…
Details
Bitcoin price exploded yesterday, sending altcoins reeling. Today, however, alts have recovered but still haven’t caught up to the top cryptocurrency. One crypto analyst, comparing past market cycles, believes that altcoins are going to “tank” against Bitcoin, taking them to the maximum point of financial opportunity. After the violent shakeout last time around, altcoins rocketed…
Details
Bitcoin has undergone a strong surge over recent days, surging from under $12,000 to $13,000 as of this article’s writing. Analysts are starting to expect even more upside as the coin posts candle closes above crucial resistance levels. Related Reading: Here’s Why Ethereum’s DeFi Market May Be Near A Bottom Bitcoin Forms Pivotal Daily Close…
Details
On Wednesday, PayPal shocked the crypto industry when it revealed that it would be directly supporting digital assets by adding the ability to purchase and sell Bitcoin, Ethereum, and other altcoins. The announcement also indicated that the firm would be supporting cryptocurrency payments between its merchants and the retail users it supports. New reports indicate…
Details
Earlier this year, billionaire hedge fund manager and philanthropist Paul Tudor Jones set off the institutional buying trend after he claimed Bitcoin would be the “fastest horse in the race against inflation.” After the crypto asset’s recent rally, Jones was invited to comment on the price action on CNBC. There, he says he likes Bitcoin…
Details
Chainlink has been one of the best performing major altcoins throughout the past 24-hours, with its slight underperformance of BTC throughout the past few days being erased by an intense overnight upswing. This has allowed it to gain a strong foothold within the $11.00 region, and it is now targeting a move past $12.00 as…
Details
The popular crypto cashback platform, StormX is now offering users up to $1,000 in rewards for each new person they invite to the platform in its newly introduced referral program. StormX users now have more ways to earn on the platform, while helping StormX meet its ambitious plans to continue growing its userbase exponentially in…
Details
