Ethereum dived from the $417 swing high and traded below $350 against the US Dollar. ETH price is currently recovering above $375 and it is likely to climb back above $400. Ethereum started a sharp decline from the $417 high and dived towards the $300 support. The price recovered sharply above $350 and it is…
DetailsAlthough crypto is undoubtedly innovative in nature, the majority of crypto exchanges are dragging behind, unable to fully realize the great possibilities of modern trading protocols. Many crypto exchanges are run digitally, yet are not all using the right protocols, causing systems and platforms to lag, offering slower fill times, higher latency, and more bottlenecks.…
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Last week, analysts thought XRP was on the verge of a massive breakout. Against the dollar and against Bitcoin, the leading altcoin saw an explosive breakout that reminded some of the start of the infamous 2017/2018 pump. Yet on Saturday night, just before the weekly close, the asset underwent a strong drop, as did many…
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Ethereum saw one of the most intense drops it has seen since mid-March yesterday, with the cryptocurrency’s price reeling from highs of $415 to lows of $300 in a matter of minutes. This decline caught bulls off guard, as the crypto was previously flashing signs of overt strength as it pushed higher each day. ETH’s…
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Bitcoin witnessed some of the most intense volatility it has seen in months late yesterday evening. After rallying up to highs of $12,000, BTC struggled to surmount the resistance at this level, which ultimately resulted in a sharp price decline that sent it reeling down towards $11,000. It has been finding some strong support at…
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Just around 12 hours ago, the Bitcoin and Ethereum market saw the biggest implosion since the March 13th “Black Thursday” crash. In the span of just about five minutes, the two leading cryptocurrencies fell off the face of the earth. From its $12,200 highs, BTC fell by $1,650; from its $415 highs, ETH fell by…
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On July 31st, the day Bitcoin pressed past $11,500 for the first time in a year, one cryptocurrency trader predicted a steep retracement. The trader commented in a tweet that while he wasn’t in a trade at the time, he would not mind “getting in a long position from around $10,300 to $10,500.” Few expected…
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Bitcoin and Ethereum faced strong liquidation events just 12 hours ago. Even still, Chainlink (LINK) has continued to push higher, basically disregarding what was seen as the worst cryptocurrency crash since “Black Thursday.” As can be seen in the Trading View chart below, the popular altcoin has gained just less than 10% in the past…
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Last week it emerged that travel management firm CWT paid a ransom demand of $4.5 million in Bitcoin. Initially, hackers had demanded $10 million to release the fix, saying this is likely cheaper than the legal action that would ensue if their demands aren’t met, not to mention the cost of the damage to the…
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It hasn’t been the best past few hours for Bitcoin bulls. The leading cryptocurrency took a $1,500 price drop in the span of about five minutes, liquidating hundreds of millions worth of long positions as buyers were overextended. Bitcoin has since bounced back to $11,300, yet the rejection at $12,000 is still clear as day.…
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