Bitcoin has been on a tear throughout the past few weeks, with its price action heating up as bulls try to flip $40,000 into a support level If the crypto continues holding above this previous resistance, it could allow for significantly further upside in the days and weeks ahead One analyst explained that although it…
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For years, Bitcoin investors have been asking Elon Musk, CEO of Tesla and SpaceX, if they can buy cars or tickets to Mars with the leading cryptocurrency. It’s become somewhat of a recurring meme, where whenever Musk mentions Bitcoin or cryptocurrency, those with BTC would ask if they can use it as a means of…
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Bitcoin has taken over all forms of media, from mainstream to social. The cryptocurrency was trending on Twitter last night after making above $40,000 for the first time. The hysteria caught the attention of early internet entrepreneur Kim Dotcom, who claims there’s a Bitcoin fork that’s more undervalued than BTC itself and has the “biggest…
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SushiSwap‘s native SUSHI token has surged higher over the past few days and weeks. As of this article’s writing, the cryptocurrency is up 10% in the past 24 hours, pushing to $4.50. SUSHI’s rally comes as Ethereum has been relatively flat on a day that Bitcoin pushed to $42,000. The Ethereum-based altcoin appears to be…
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Ethereum and the entire crypto market is consolidating today following some recent turbulence Bulls stepped up after the entire market saw a massive selloff yesterday and absorbed the influx of selling pressure, allowing BTC to rocket past $40,000 and ETH to move higher Today, the market has consolidated and drifted slightly lower, although bulls still…
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The shocking Bitcoin rally has resulted in the cryptocurrency reaching two times its previous all-time high. Meanwhile, most altcoins have yet to return to the high they set years ago. This strange occurrence recently with altcoins growing in USD value, but getting hammered on BTC pairs has led the market into “uncharted territory,” according to…
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A recent volatile run-up in the Ethereum and Bitcoin markets has exceeded their value into “overbought” regions, as per Relative Strength Indicator (RSI). In retrospect, the RSI is a momentum indicator that measures the magnitude of recent price changes in an asset to determine its overbought or oversold conditions. Displayed as an oscillator, it can…
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Bitcoin looked to end its first official week on a strong note as its price claimed another record high this Friday. The benchmark cryptocurrency soared above $41,000 for the first time since its inception, hitting an all-time peak of $41,499 before correcting lower. Its gains appeared shortly after the European equities reported profits in early…
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Ripple started a strong recovery wave above the $0.3000 and $0.3100 levels against the US Dollar. XRP price is currently correcting gains from $0.3700, but dips remain limited. Ripple rallied above the $0.3200 and $0.3500 resistance levels against the US dollar. The price tested the $0.3700 zone before correcting lower, but it settled above the…
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Ethereum traded to a new yearly high at $1,280 before correcting lower against the US Dollar. ETH price declined over $200, but the bulls were active near the 100 hourly simple moving average. Ethereum gained pace above $1,200 and it traded to a new multi-month high near $1,280. The price is correcting gains, but it…
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