Bitcoin has stalled in the high-$11,000s over the past few days after the cryptocurrency faced its second rejection at $12,000. As of the time of this article’s writing, the cryptocurrency trades for $11,650. This is a price above critical support levels such as $10,500 and $11,500, but it is clear that the uptrend Bitcoin was…
Details
Ethereum is preparing for another massive breakout, according to a fractal analysis by a cryptocurrency trader. This comes after ETH underwent a strong drop on Friday, responding to a drop in the value of gold and U.S. equities. Related Reading: Crypto Tidbits: Bitcoin Explodes Past $11k, Ethereum 2.0 Nears, Cardano’s Shelley Launches Ethereum Could Soon Break…
Details
While Bitcoin and Ethereum have stagnated over recent days, Chainlink (LINK) has seen a strong uptrend. As reported by NewsBTC previously, the asset set multiple milestones over the past week, pushing past $9, then $10. Just minutes ago as of the time of this article’s writing, the altcoin cracked the $11 resistance level. Chainlink now…
DetailsThe global crypto exchange and trading platform, OKEx has launched a P2P crypto trading platform in the world’s second most populous country with huge untapped market potential. Targeting the crypto community in India, the new platform allows users to purchase cryptocurrencies with INR at zero transaction fees. Initially, the OKEx P2P trading platform offers Bitcoin…
Details
Bitcoin and Ethereum are pulling back, but Compound (COMP) is surging higher. The native governance token of the flagship of the decentralized finance space, COMP has gained 15% in the past 24 hours as per Coin Market Cap. This comes after the altcoin was embroiled in a multi-week bear market after an initial surge in…
Details
Oracle tokens LINK and BAND continues heading higher despite a bearish correction phase in the rest of the crypto market. The rallies show traders’ growing speculation of the DeFi cryptocurrencies. On a day when the cryptocurrency market is correcting lower, two Oracle tokens have moved in the opposite direction. Decentralized Finance’s top assets–Chainlink’s LINK and…
Details
The U.S. dollar drop and the Bitcoin surge happened at the same time. Why? Before we reveal the answer, let’s explore the multiple factors in the background starting with the continued downward adjustment of interest rates on U.S. Treasury bonds and quantitative easing policies. These policies have caused a lot of U.S. dollars to be…
DetailsThe ongoing tensions between the U.S. and China could boost crypto should certain events transpire, say certain investors. Related Reading: Crypto Tidbits: Ethereum Surges 20%, US Banks Can Hold BTC, ETH’s DeFi Space Still in Vogue Ongoing China-US Tensions May Be Able to Boost Crypto: Dovey Wan & Others President Trump announced that U.S. businesses can…
Details
Another week, another round of Crypto Tidbits. It’s been a volatile week for the price of Bitcoin and other top digital assets. After our last Crypto Tidbits, the price of the leading cryptocurrency rallied as high as $12,200, then plunged around $1,700 in the span of five minutes in the worst crash since March 13th. Ethereum…
Details
Binance, BitMEX, and Coinbase are just a small sample of the major players in the Bitcoin market all fighting for a piece of the pie. BitMEX has long enjoyed dominance over the rest of the market, but new data shows that Binance is striking distance from overtaking BitMEX and becoming the top liquidity provider for…
Details
