After expressing some signs of strength throughout the early part of the week, Bitcoin has now faced a grim rejection that sent its price reeling down to a crucial support level. Following an extended bout of trading between $9,000 and $9,300, the benchmark cryptocurrency was able to break out of this trading range this week,…
Details
It isn’t only Cardano and DeFi tokens that have performed extremely well over recent days. Stellar Lumens (XLM) is up over 50% in the past four days, having rallied from around $0.06 on the weekend to $0.09 as of the time of this article’s writing. At the local highs, the popular altcoin traded just a…
DetailsThe Cartesi project has been making waves in the crypto and blockchain industry as it aims to make dApps more practical and scalable so that it can meet the ever-evolving real-world requirements. In order to understand more about the project, we asked Colin Steil, the COO and Co-founder of Cartesi a few questions. Q: Let…
Details
Ethereum has been expressing some notable strength against Bitcoin over the past couple of days. This comes as it was able to rally past a significant resistance level that was previously forcing it lower. Analysts are now noting that the cryptocurrency could be poised to see further upside, with one veteran trader offering a target…
Details
Bitcoin’s multi-month consolidation phase has caused its correlation with other assets to degrade, leaving investors to question where it might trend next. One analyst is now floating the possibility that the cryptocurrency’s price is currently lagging just behind that of gold. He points to a potential accumulation pattern that could confirm this notion, as well…
Details
Stellar Lumens is back in the spotlight of the cryptocurrency market after the impressive bull run it has gone through in the last three days. The cross-border remittances token surged over 50% to hit price levels not seen in over a year. As the buying pressure behind it skyrocketed, XLM reached a new yearly high…
Details
Dogecoin surged by circa 140 percent this week as a new TikTok challenge urged users to pump it to $1. The meme cryptocurrency is still trading about 1,800 percent below its viral price target. Meanwhile, Malta-based Binance announced today that it would launch DOGE/USDT Perpetual Contract with up to 50x leverage. It was all a…
Details
Chainlink’s LINK token is amid a “full-blown parabolic advance,” according to forex analyst Cole Garner. The on-chain data investigator mentioned a string of technical and fundamental indicators that hint further gains for the altcoin. The analogy appeared as LINK climbed to its lifetime high against Bitcoin on Wednesday. LINK, an altcoin powering the Chainlink’s decentralized…
Details
Binance first announced plans for a UK crypto trading platform in mid-June. The company has now confirmed an Autumn 2020 rollout. Source: binance.com The UK platform will provide GBP and Euro on/off ramps via bank transfer through the UK’s Faster Payments service, as well as the equivalent function in Europe, the Single Euro Payments Area…
Details
Calling Chainlink’s (LINK) recent price performance impressive would almost be an understatement. The cryptocurrency has been on a tear over the past three days. After printing a topping pattern near $4.70, the altcoin rocketed higher by around 50%, reaching a high of $6.60 on Wednesday. Despite the pullback to $6.30, LINK is still up by…
Details
