Bitcoin rallied continued during the European session Thursday as traders ignored Washington’s political unrest to focus instead on the potential for higher sovereign spending. The BTC/USD exchange rate established a new record high of $38,180, adding 10 percent to what has been a relentless uptrend in the last four quarters. While the pair pared some…
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Ripple’s native token XRP was among the best performers in the cryptocurrency space even as its delisting across exchanges picked momentum. The XRP/USD exchange rate surged by more than 40 percent on a 24-hour adjusted timeframe, hitting an intraday high of $0.328. Measured from its bottom of $0.17 from December 30, the pair was trading…
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Ripple started a strong recovery wave above the $0.2500 and $0.3000 levels against the US Dollar. XRP price is currently facing a strong resistance, but dips might be limited below $0.2500. Ripple started a fresh upward move after forming a support base near $0.2150 against the US dollar. The price is now trading well above…
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2020 was a massive year for blockchain adoption, with some of the largest financial institutions worldwide buying or integrating cryptocurrencies into their business model. It was also a historic year for decentralized finance (DeFi) which has grown from less than $1 billion in total value locked at the beginning of January 2020 to almost $15…
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Ethereum extended its rise above the $1,150 and $1,200 resistance levels against the US Dollar. ETH price is currently consolidating gains and it could rise further towards $1,280. Ethereum is following a bullish path above the $1,120 and $1,150 resistance levels. The price is now trading above $1,200 and the 100 hourly simple moving average.…
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Bitcoin price started another rally and broke the $35,500 resistance against the US Dollar. BTC traded to a new all-time high near $37,400 before starting a consolidation. Bitcoin is up over 10% and it broke the $35,500 and $36,500 resistance levels. The price traded to a new all-time high close to $37,400 it is still…
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Ethereum is nearing its former all-time high of $1,440 set back in 2018 at the peak of the crypto bubble. Those who hed the altcoin throughout the bear market are finally getting the comeback they have been waiting for. But according to the strike price of a December ETH options contract that just debuted, the…
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Chainlink has been lagging behind Bitcoin and the rest of the market throughout the past few weeks This trend is coming to an end, however, as bulls have stepped up and propelled the cryptocurrency significantly higher today It still has a way to go before it sets all-time highs, but its current momentum does seem…
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Bitcoin just set a new all-time high just minutes ago as it has pushed past $37,000 for the first time ever. The cryptocurrency is now up 8.5% in the past 24 hours and is now up nearly 30% in the past seven days alone. The cryptocurrency’s market capitalization is now nearly $700 billion, bringing it…
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All the way up until around mid-2020, Chainlink was the hottest crypto token around. But once Bitcoin broke above $10,000 months ago, the altcoin’s uptrend against the top cryptocurrency was broken. Following a full 50% retrace of the rally against BTC, Chainlink is now “ready to continue,” according to one crypto analyst. Here’s what that…
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