Bitcoin has seen some bull-favoring price action throughout the past day, rallying up to highs of $9,600 overnight after buyers absorbed the selling pressure that led it down to lows of $9,300. The cryptocurrency now appears to be well-positioned to see further upside in the days and weeks ahead, as it is currently in the…
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From the all-time high of $1,400, Ethereum is down by approximately 80%. Due to a collapse in the ICO bubble and the narrative shifting from altcoins to BTC, the -80% performance ETH has registered is much worse than that of Bitcoin. From its all-time high of $20,000, BTC is down less than 50%. While there…
DetailsBitcoin is up more than 5% and it broke the main $10,000 resistance against the US Dollar. BTC price could correct lower in the short term towards $9,950 before it starts a fresh increase. Bitcoin rallied recently and broke many key hurdles near $9,950 and $10,000 (as discussed yesterday). The price traded to a new…
DetailsBitcoin cash price is up more than 8% and it broke the key $250 resistance. BCH seems to be outpacing BTC and it could even climb towards $275 or $300 in the near term. Bitcoin cash price is gaining bullish momentum and it recently broke the $250 resistance against the US Dollar. The price is…
DetailsThe leading digital asset exchange and cryptocurrency trading platform OKEx has recently announced the launch of its OKEx Beacon Program to nurture talent in the cryptocurrency sector. Focused initially on the European region, the program will include Masterclass and Mentorship series handled by the top executives at OKEx. Applications for the first phase of OKEx…
DetailsBitcoin is trading nicely above the $9,400 support zone against the US Dollar. BTC price is likely to continue higher towards $10,000 if it clears $9,600 and $9.750. Bitcoin is trading with a positive bias above the $9,400 support zone. The price could struggle to clear the $9,600 and $9,750 resistance levels in the short…
DetailsEthereum is trading in a strong uptrend above the $230 pivot zone against the US Dollar. ETH price is likely to continue higher above the $245 and $250 resistance levels. Ethereum started a downside correction from the $250 resistance zone. The price corrected below the $240 level, but it found support near the $230 level.…
DetailsNewsBTC asked a few questions to Jay Hao, CEO of the world’s leading crypto-asset exchange and trading platform to understand his perspective of the current global economic scenario and future of cryptocurrencies. In this interview, Hao also offered some insights into how OKEx is preparing itself to achieve growth in the near future. Q: The…
DetailsBitcoin has mounted a strong recovery since the lows seen last week. The leading cryptocurrency traded as high as $9,750 on Saturday, over 13% higher than last weekend’s lows. Even still, there remain textbook technical indicators suggesting there is a “high chance” BTC sees a correction in the coming weeks. According to the analyst that…
DetailsBitcoin eyes market growth heading into June as yuan falls to its lowest levels in eight months. Both assets have shown an erratic negative correlation in the past. Goldman Sachs sees yuan falling to its 2008 low, raising possibilities of an explosive price rally in the Bitcoin market. With halving in rearview, Bitcoin traders are…
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