The top crypto asset has successfully set a new all-time high in 2020, but the promised altcoin season that was supposed to follow is nowhere to be found. And with Bitcoin’s momentum turning and a correction overdue, the lack of strength in altcoins could see the total crypto market cap sans BTC sliced in half,…
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Ethereum has been closely tracking the price action seen by Bitcoin and other major altcoins, but it has been able to dodge seeing any intense decline overnight Although it did plunge as low as $530, the cryptocurrency’s support at this level sparked a “V-shaped” recovery that allowed it to surge up towards the upper-$500 region…
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XRP has been caught within the throes of immense volatility as of late, which has come as the entire market also faces some turbulence due to Bitcoin’s ongoing decline. This weakness has come about due to the cryptocurrency’s inability to break above the $0.60 region, with this proving to be a heavy resistance level for…
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Bitcoin price is still trading within striking distance of $20,000, however, momentum could be turning toward the downside after the critical resistance was unable to be broken again. Interestingly, the first-ever cryptocurrency has found itself at a similar price as 2017, and a similar point in December. The last instance led to a substantial over…
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Bitcoin has been struggling to find any strong momentum throughout the past few days, with bears rapidly gaining control over its price action This trend has not yet been enough to invalidate the cryptocurrency’s technical strength, but it does seem as though it may strike a blow to its macro uptrend Until BTC can enter…
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While performing a search on the internet, it is currently easy to find articles exploring whether Mining City is a Ponzi scheme or not. There are indeed some misunderstandings and bad press, but you have to keep a cool head. You should take a look at Mining City objectively, weigh all the arguments, ignore the…
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Bitcoin price dipped as low as $17,700 overnight before bulls drew a line in the sand and began to defend the recent rally. Although the move down was sharp and severe, the strength of bulls has left a long wick behind and a bullish “hammer” is forming. A daily close at or above $18,500 could…
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The highly anticipated Spark token snapshot takes place on December 12, at 0:00 GMT. Ripple XRP holders eagerly await this date, but Head of Tax Strategy at CoinTracker, Shehan Chandrasekera, warns that airdrops are a taxable event. As such, individuals who register for and receive Spark tokens must include this as ordinary income when filing…
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Ripple failed to clear the $0.6150 resistance and broke a major support at $0.5740 against the US Dollar, similar to bitcoin and ETH. XRP price is likely to continue lower towards $0.5100 or even $0.4500. Ripple started a major decline after it broke the key $0.5740 support zone against the US dollar. The price is…
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Ethereum started a strong decline after it failed to surpass $600 against the US Dollar. ETH price declined over 6% and it is now trading near the $550 level. Ethereum started a strong decline after it failed to clear the $600 and $602 resistance levels. The price broke the key $585 support and settled below…
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