Bitcoin price just had its first decent-sized pullback since making it above $16,000. Less than 48 hours later, the cryptocurrency was already trading well above $18,000. In the late-night spike last night, the seemingly parabolic crypto asset touched a new 2020 high of $18,474 on Binance, before falling back to $17,800 where the resistance zone…
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Yearn Finance’s governance token YFI plunged Wednesday as traders secured their short-term profits from its supersonic rally. The YFI/USD exchange rate dropped 4.34 percent to $22,915 after forming a 47-day high near $25,000. The descent also came as a part of a downside correction that typically appears after every bullish move in an uptrend. YFI…
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It’s totally fair to say that the institutional investors are finally entering the Bitcoin and crypto-asset markets. Bitcoin has seen a strong rally over the past few weeks and months. In the past month alone, the cryptocurrency has gained 50%. It has become increasingly clear that this rally has been driven by the entrance of…
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Chainlink (LINK) gained momentum after it broke the $13.00 resistance. It traded towards $14.25 before correcting lower sharply, but it seems like dips remain limited. Chainlink token price rallied above the $13.00 and $13.50 resistance levels against the US dollar. The price surged towards the $14.25 level and settled above the 100 simple moving average…
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Bitcoin is exploding higher after continued to see bullish strength after the daily close above $17,000. The leading cryptocurrency just minutes ago shot to $18,300, which are highs not seen since the blow-off top of the previous bull market in 2017 and 2018. Bitcoin is expected to move even higher in the weeks ahead, though…
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Ethereum started a strong increase above $470, similar to bitcoin above $17.5K against the US Dollar. ETH price is trading above $490 and it is likely to surge above $500. Ethereum is trading with a strong bullish momentum above the $470 and $485 support levels. The price is approaching the $500 barrier and it is…
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Leading crypto-asset fund manager Grayscale just recorded a massive milestone to its Twitter. This comes as the leading cryptocurrency Bitcoin, along with Ethereum and smaller altcoins, have erupted higher in the past 24 hours. Bitcoin traded as high as $17,850 on Tuesday, nearing its all-time high price closer to $20,000. Related Reading: Here’s Why Ethereum’s…
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Bitcoin price rallied over 6% and it broke the $17,500 resistance against the US Dollar. BTC is consolidating gains and it seems like the bulls are aiming more upsides above $18,000. Bitcoin extended its rise above the $17,200 and $17,500 resistance levels. The price traded to a new monthly high at $17,895 and settled above…
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Yearn.finance (YFI) is erupting higher as Bitcoin pushes to new year-to-date highs. The coin is up 20% in the past 24 hours alone, rocketing from under $20,000 to daily highs closer to $25,000. As of this article’s writing, YFI trades for $23,700, as it faced a bit of a correction after peaking at the local…
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Litecoin was one of this week’s biggest movers and shakers in crypto, beating even Bitcoin substantially. The bullish impulse took the altcoin to a year-long downtrend line against BTC but unfortunately was rejected hard. With the general consensus being that Litecoin often leads the way for altcoin trends, a further fall against Bitcoin – as…
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