For the first time in years, XRP gained some massive momentum when it broke above $0.30 last month, with bulls sending its price rocketing as high as $0.90 on some exchanges before an influx of selling pressure sent it plunging lower. This rally gave many embattled bag holders an ideal exit opportunity, with the new…
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Chainlink has seen some mixed price action over the past few days, with buyers and sellers both struggling to gain control of its mid-term trend as its price hovers within the mid-$12.00 region. This has long-been a consolidation channel for the cryptocurrency, with the resistance at $13.00 often proving to be too much for the…
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Bitcoin is back above $19,000 after repeated tests of below $18,000. Dip buyers have proven too strong to send prices tumbling, but at the same time, whales keep resurfacing, again and again, to sell down any intraday rallies as soon as they begin to hover above $19,250 for an expended period of time. This weekend’s…
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Bitcoin price action is currently confusing crypto traders and analysts and the reaction after reaching a new all-time is not what anyone expected. The leading cryptocurrency by market cap was thought to explode once a new high was made, but instead, another up to six months of sideways could bring max pain to eager investors…
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Last week, French authorities agreed upon new measures to tackle anonymous crypto transactions. The new rules affect all French crypto exchanges, which must adhere to tougher know your customer (KYC) requirements. The French Finance Minister Bruno Le Maire commented that this was necessary to deal with terrorist financing. “We must dry up all the terrorist…
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Ethereum has been flashing some signs of strength throughout the past few days, with bulls being in full control of its price action as they aim at pushing the cryptocurrency above the key $600 level. This price has long been a pivotal level for the crypto, with each break above its proving to be highly…
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Developers IOHK implemented changes to the Cardano protocol yesterday in preparation for hard forking the network. But before freaking out, unlike other blockchains, IOHK points out that the network design handles new block production rules seamlessly. “To enable a smooth transition, Cardano automatically preserves the history of previous blocks. This allows the protocol to be…
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SushiSwap’s native token SUSHI lost its higher bids entering the new weekly session Monday as its price fell 4.47 percent. As of 1236 GMT, the SUSHI/USD exchange rate was $2.2813, having bounced off its intraday low of $2.2661 in the late Asian trading session. In doing so, the pair maintained the last week’s support offered…
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Bitcoin wobbled into the start of this week’s trading session, moving between losses and gains on its neutral weekly outlook. The benchmark cryptocurrency was trading at $19,115.54 as of 10:45 GMT, down 0.27 percent into the European session. For starters, the intraday losses appeared as a part of a profit-taking move by daytraders following Bitcoin’s…
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Ethereum has begun to bounce strongly since last week’s lows, correlating with a move higher in the price of BTC. ETH currently trades for $590, though moved extremely close to $600 earlier today. Analysts are optimistic that the cryptocurrency will continue its ascent in the days and weeks ahead as it holds key technical levels.…
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