Bitcoin is back. Over the past few minutes, the asset has rocketed higher past $10,000 for the first time in approximately six weeks. At the local highs, the asset reached $10,150 — and slightly higher on margin exchanges. BTC price chart from TradingView.com According to data shared by crypto derivatives tracker Skew.com, approximately $50 million…
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The markets have favored the underdogs throughout the past week, with silver and Ethereum both outperforming their larger counterparts. Although there aren’t any noticeable connections between the two assets, their price action in recent times has been strikingly similar, and it does appear that ETH is forming a fractal pattern with the precious metal. If…
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Bitcoin is gaining bullish momentum above the $9,500 and $9,600 levels against the US Dollar. BTC is likely to continue higher towards $10,000 as long as it is above $9,500. Bitcoin is up over 3% and it surpassed the $9,650 resistance zone. It traded as high as $9,748 and settled well above the 100 simple…
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Ethereum followed a strong uptrend above $250 and $270 against the US Dollar. ETH price surged above the $300 level and it is currently consolidating gains. ETH price gained more than 20% in the past few days and it surpassed $300 against the US Dollar. A new monthly high is formed near the $310 level…
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While all eyes may now be on Bitcoin and Ethereum, Cardano (ADA) has been one of the best performing digital assets over the past day. According to data from Coin Market Cap, the popular altcoin has surged over 11% in the past 24 hours, moving towards $0.14 once again. As of this article’s writing, the…
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Decentralized finance is absolutely on fire, and so is every crypto token in the segment. The latest token to take off due to the unstoppable trend is yEarn Finance. According to a well-known crypto analyst and podcaster, YFI may be a contender for the fastest 100x ever in the crypto market. $10,000 Invested in yEarn…
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Bitcoin’s price action in the time following its break above its multi-week trading range between $9,100 and $9,300 has been quite positive. The cryptocurrency is now starting to stabilize around $9,600, and buyers are slowly pushing through the key resistance levels that have been suppressing its price action. Despite the current strength, there are still…
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It’s been an impressive past few days for the Bitcoin market. The leading cryptocurrency started the week at around $9,200, but now BTC trades at $9,700 after managing to benefit from a rally in the price of Ethereum. With the recent price action, analysts argue that Bitcoin is primed to see an explosive move higher…
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Bitcoin dominance has been plummeting recently letting altcoins have their time in the crypto market spotlight for a change. But as altcoins begin to correct, BTC dominance is signaling that the asset is about to recover from the altcoin market’s rally against it. What does this mean for Bitcoin, and how will certain altcoins withstand…
DetailsPundits of cryptocurrencies and Bitcoin supporters alike all agree, that the biggest barrier to adoption is mainstream acceptance. It won’t be until crypto achieves VISA-level penetration that the asset class has a chance to replace cash. But how fast does that happen if VISA themselves fully embrace the emerging asset class? Following the payments giant…
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