Bitcoin is once again trading within the upper-$11,000 region. This is where its price has found immense stability throughout the past couple of weeks. The cryptocurrency’s sideways trading has led it to oscillate between $11,200 and $12,000 – with these two levels marking the upper and lower boundaries of a trading range formed over the…
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Kyber Network’s native token KNC appreciated enormously on Friday, with its price hitting $2 for the first time since May 2018. The 41nd-largest cryptocurrency market cap surged 20 percent in the last 24 hours. The gains appeared without any real fundamental catalysts, pointing to more considerable price speculation among daytraders who rely on chart signals.…
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The CEO of Ripple, Brad Garlinghouse, has re-established his commitment to cross-border payment solutions by saying the firm has no plans to change tack. Garlinghouse claims the company is already making great strides in capturing the $10 trillion cross-border payments market. With that, he sees no need to pursue other ventures. “Ripple has absolutely no…
DetailsMatic Network (MATIC), a popular altcoin, has surged 9% in the past 24 hours. The asset’s strong price performance comes in spite of Bitcoin and Ethereum stagnating, giving altcoins the opportunity to break higher. While the ongoing move is nascent, analysts are optimistic about MATIC’s long-term price prospects. These analysts cite technical factors and the…
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Ethereum (Symbol: ETHBTC) could surge by another 50 percent as its price tests a long-term weekly resistance level. That is, according to Teddy Cleps, a crypto-focused market analyst-cum-daytrader. He spotted ETHBTC inching towards a price ceiling that had historically capped the pair from extending its upside moves. The level also served as strong support during…
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Bitcoin price remained well bid above $11,400 and it broke the key $11,600 barrier against the US Dollar. BTC is now trading above the 100 hourly SMA and it could continue to grind higher. Bitcoin is back in a positive zone above the $11,500 and $11,600 resistance levels. The price settled nicely above the 100…
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Ethereum climbed over 8% and it broke the main $400 barrier against the US Dollar. ETH price traded to a new 2-year high above $430 and it is likely to continue higher. Ethereum is up over 8% and it broke the key $400 and $405 resistance levels. The price traded to a new 2-year high…
DetailsOnline trading has become a profession as well as a pastime. The increased access to platforms offering a range of assets and trading instruments presents traders with a lot of options to choose from. Further, the highly volatile and easily accessible cryptocurrency markets have started to feature high on the list, on top of conventional…
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Tron price rallied over 15% and it surpassed the key $0.0220 resistance zone against the US Dollar. TRX could correct lower in the short term, but the price action suggests more gains. Tron price is gaining bullish momentum above the $0.0220 resistance against the US dollar. The price traded to a new weekly high at…
DetailsEthereum transaction fees are diving after the latest leg higher in decentralized finance (DeFi) has slowed down to an abrupt halt. Paying to transact on the network still costs an order of magnitude more than it did at the start of 2020, though. This goes to show that solutions are still needed in the long…
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