It has been a turbulent past few days for Bitcoin and the aggregated crypto market, with bulls primarily controlling the cryptocurrency. Bears have gained some ground today, however, as the recent rejection at $13,800 has sparked a somewhat intense selloff that isn’t showing any signs of slowing down. This downtrend has been perpetuated by strength…
Details
According to the data from Glassnode, the number of millionaire Bitcoin holders surpassed 20,000. Albeit the figure shows many investors are profitable after BTC’s recent rally, it might also show a sign of a top. Glassnode analysts wrote: “The number of #Bitcoin millionaire addresses (addresses holding ≥ $1M worth of $BTC) crossed 20,000. It is…
Details
Cryptocurrencies have the potential to disrupt traditional finance, by allowing people to retain full control over their assets at all times — without relying on centralized intermediaries like banks and governments. But despite their potential, many users struggle to choose a wallet to hold and manage their assets with, since there is no one size…
Details
Bitcoin fell Wednesday, almost alongside the US stock futures, as a rising number of coronavirus cases sent investors to the safety of the US dollar and Treasuries. The benchmark cryptocurrency dropped 3.5 percent ahead of the New York opening bell. Its move downside came as a price correction that followed a 23 percent rally, suggesting…
Details
The last 24-hours has seen the price of Bitcoin up 4% to $13.6k. Despite concerns of being overbought, the number one cryptocurrency continues hurtling towards key resistance at $14k. Source: BTCUSDT on TradingView.com Nonetheless, as CasaHODL Co-founder and CTO Jameson Lopp noted, despite Bitcoin’s price gains, Bitcoin’s hashrate has suffered a steep decline since the…
Details
The price of Curve Finance’s governance token CRV spiked by more than 100 percent as the decentralized exchange (DEX) experienced a massive surge in trade volume. Earnings Curve Finance processed about $2.8 billion worth of trades on Monday, almost 450 percent higher than its previous record high in September 2020. The jump in its trade…
Details
Ethereum has strongly underperformed Bitcoin over the past two weeks. As BTC has shot around 20% higher in the past 10 days alone, ETH has gained approximately 8%. This trend is not isolated: almost all leading altcoins are underperforming Bitcoin. The severity of BTC’s spike to the upside has compressed gains in altcoins as all…
Details
Ripple is showing positive signs above the $0.2500 support against the US Dollar. XRP price could start a strong rally if it clears the $0.2550 resistance zone. Ripple recovered nicely and climbed above the $0.2505 pivot level against the US dollar. The price is now trading well above $0.2500 and the 100 simple moving average…
Details
Ethereum is up 3% and it is trading nicely above $400 against the US Dollar. ETH price is showing positive signs and it could rally if there is a clear break above $410. Ethereum is back above the key $400 and $402 support levels. The price is currently facing a major hurdle near $410, but…
Details
Bitcoin price is gaining traction and it broke $13,500 and $13,800 resistance levels against the US Dollar. BTC is likely to continue higher above the $14,000 resistance. Bitcoin is up over 5% and it surpassed the main $13,500 resistance level. The price is trading with a positive angle above $13,800 and the 100 hourly simple…
Details
