The world is now just one day out from the 2020 U.S. Presidential Election, an event that will undoubtedly have far-reaching implications that impact Bitcoin, altcoins, and the traditional markets for potentially years to come. BTC has been showing immense signs of strength heading into the election, bucking a consolidation phase seen by the stock…
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Bitcoin has undergone a drop since peaking at $14,100 on Saturday. On Monday morning, the leading cryptocurrency fell as low as $13,200, marking a 6.5% drop from the highs. Bitcoin has since bounced to $13,700 as of this article’s writing. While the cryptocurrency remains below the $14,000 technical resistance, analysts remain optimistic about the digital…
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An Ethereum whale dumping as much as 4,000 ETH on Binance this morning might have been responsible for kickstarting the crypto market downturn. How deep could the correction in Ethereum get, after such a substantial rally all throughout 2020? DeFi Trend Fallout Takes The Legs Out From Under Ethereum Bull Run Late US President John…
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Chainlink has been closely tracking Ethereum’s price action as of late, with investors trading altcoins like LINK largely based on the movements seen by ETH. This has made ETH essentially a benchmark index for altcoins, with its overnight plunge following an attempted rally yesterday striking a blow to many alts – including LINK. Despite this,…
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On Monday morning, Bitcoin plunged lower despite a rally in the price of equities. The price of the leading cryptocurrency currently is $13,700, around $500 above the daily lows at approximately $13,200. Analysts are divided over what comes next for Bitcoin in the short term. Some think that the cryptocurrency is likely to continue its…
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XRP has barely moved more than a few cents away from an average of 25 cents for months, while on the Bitcoin trading pair, the asset has continued to fall. But while altcoins are bleeding out against BTC, Ripple whales continue to accumulate and the soaking up of the supply could soon cause an enormous…
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The time of ICO’s seems behind us and many blockchain projects have fallen off the grid but one particular project seems not only to have survived but even thrived during these times. Securypto focuses on safe and truly anonymous exchange of data. In a world where datahacks have become the norm rather than the exception,…
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Global markets tumbled midweek as continued fears of further coronavirus lockdowns rattled investors. Contrastingly, bitcoin made a dramatic surge towards $14,000 before dipping back down to $13,000. Towards the end of last week, we saw another push upwards, briefly breaching the $14,000 level. Simon Peters, analyst, eToro: Bitcoin rises as analysts run out of superlatives …
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While Bitcoin is making its way through the stratosphere, the stock market is still firmly earthbound. The leading cryptocurrency briefly eclipsed $14K this week, outperforming traditional asset classes as lockdowns return across Europe and political tensions ratchet higher in the run up to the US election day. This week’s surge tops off a fantastic month…
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Ethereum faced an intense selloff yesterday that erased all of the gains that had come about due to its recent rally up towards $400. This rally was a sign of strength following a prolonged period of ETH seeing sideways trading while Bitcoin rallied. The break above $400 also held some technical significance, but the rejection…
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