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News

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Bitcoin is Forming an “Ugly” Weekly Candle as Upwards Momentum Falters

Crypto NewsBy August 26, 2020

Bitcoin is showing some signs of weakness as its price hovers around its key near-term support at $11,300. Bulls have been able to post an ardent defense of this level throughout the past day, with each dip below it being met with massive inflows of buying pressure. Earlier this morning, sellers forced BTC to lows…

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China Digital Currency Battle Heats Up as Fed Enlists Help From MIT

Crypto NewsBy August 26, 2020

Just when you thought China was advancing unopposed in the national digital currency race, the Fed finally steps up. The Federal Reserve Bank of Boston, in conjunction with the Massachusetts Institute of Technology, is developing a digital currency geared towards “central bank use.” On that, Boston Fed Assistant VP Robert Bench said developing the project…

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JAY-Z’s Music Streaming Service TIDAL Purchased $7 Million Worth of SENSO Tokens

Crypto NewsBy August 26, 2020

TIDAL, high-fidelity music and video streaming service owned by JAY-Z, Lil Wayne, Rihanna, Calvin Harris, Daft Punk, and Chris Martin, has purchased $7 million worth of SENSO. This ERC-20 token functions as the in-platform token of Sensorium Galaxy — a social VR platform that allows users to communicate in a new way, attend concerts, dance…

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LEND Jumps Another 11% on Bloody Crypto Day; Correction Ahead?

Crypto NewsBy August 26, 2020

Decentralized finance asset LEND continued its gravity-defying price rally ahead of the New York opening bell Wednesday even as its peers across the crypto space suffered sizeable intraday losses. The 21st-largest cryptocurrency surged 11.28 percent to $0.858 per token, its highest level to this date. Its upside move followed a four-week winning streak, wherein LEND/USD…

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Even After 350% Jump from March, Ethereum Still Faces a Key Resistance

Crypto NewsBy August 26, 2020

Ethereum crashed as low as ~$85 during March’s capitulation drawdown, crushing the hopes of investors in the asset. But due to a recovery in the price of Bitcoin and in most global markets, ETH has surged higher. From those lows, the asset is now up by around 350%, recovering to $385 as of this article’s…

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Two Possible Outcomes for Bitcoin After Powell’s Jackson Hole Speech

Crypto NewsBy August 26, 2020

Bitcoin logged a modest recovery on Wednesday as traders grappled with the outcome of Jerome Powell’s keynote address at the virtual Jackson Hole Symposium tomorrow. The Federal Reserve chairman expects to give markets a clue on his office’s approach to US inflation. In retrospect, Mr. Powell’s administration started reviewing its monetary policy frameworks in 2019, a…

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Bitcoin Is in “Do or Die” Territory After $500 Correction: Here’s Why

Crypto NewsBy August 26, 2020

Bitcoin has embarked on a strong correction over the past 24 hours. After peaking at $11,850 earlier this week, the asset slipped as low as $11,150 on Tuesday as selling mounted on spot exchanges, evidenced by a negative predicted funding rate with OKEx’ BTC perpetual futures market. While the asset has bounced back to $11,300…

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Why Are Small Cap Altcoins Outperforming Bitcoin And Other Major Crypto Assets?

Crypto NewsBy August 26, 2020

Bitcoin broke above $10,000 and is trading well above the key level. Ethereum is up over 200% year to date, and the rest of the crypto market is right behind it. However, small-cap altcoins have been beating out all major crypto assets three-to-one over the last month. But what is causing the significant outperformance? Total…

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The Number of Bitcoin “Accumulation Addresses” Hit New Highs; Here’s Why

Crypto NewsBy August 26, 2020

Bitcoin investors have been accumulating the cryptocurrency at a rapid pace throughout the past few months, with much of this buying pressure coming from retail investors. One metric from analytics platform Glassnode highlights just how intense this accumulation trend has been as of late, with the number of “accumulation addresses” seeing rapid growth throughout the…

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Technicals Suggest Bitcoin Could Dive Further Below $11,000

Crypto NewsBy August 26, 2020

Bitcoin price failed to hold gains above the $11,550 support zone against the US Dollar. BTC is currently declining and it seems like the bears are aiming a downside break below $11,000. Bitcoin is now trading well below the $11,650 and $11,550 support levels. The price revisited the $11,100 level and settled well below the…

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Coin Cards
bitcoin
Bitcoin
$ 29,688.00
Supply 19,049,725.00 BTC
Volume $22,172,049,273.00
Market Cap $564,756,522,755.00
Change -0.48%
ethereum
Ethereum
$ 1,922.04
Supply 120,927,579.19 ETH
Volume $12,733,115,540.00
Market Cap $232,438,920,439.00
Change -3.24%
bitcoin-cash
Bitcoin Cash
$ 186.51
Supply 19,073,337.40 BCH
Volume $776,540,528.00
Market Cap $3,555,222,708.00
Change -4.47%

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  • bitcoinBitcoin(BTC)
    $29,688.00-0.48% 24H
    BITCOIN
    24H : -0.48%
    Volume : $22,172,049,273.00
    Marketcap : $564,756,522,755.00
  • ethereumEthereum(ETH)
    $1,922.04-3.24% 24H
    ETHEREUM
    24H : -3.24%
    Volume : $12,733,115,540.00
    Marketcap : $232,438,920,439.00
  • tetherTether(USDT)
    $1.00-0.05% 24H
    TETHER
    24H : -0.05%
    Volume : $39,882,118,186.00
    Marketcap : $73,286,450,674.00
  • rippleXRP(XRP)
    $0.400-2.24% 24H
    XRP
    24H : -2.24%
    Volume : $2,034,119,511.00
    Marketcap : $19,329,097,498.00
  • litecoinLitecoin(LTC)
    $66.14-5.48% 24H
    LITECOIN
    24H : -5.48%
    Volume : $431,091,444.00
    Marketcap : $4,652,713,264.00
  • bitcoin-cashBitcoin Cash(BCH)
    $186.51-4.47% 24H
    BITCOIN CASH
    24H : -4.47%
    Volume : $776,540,528.00
    Marketcap : $3,555,222,708.00
  • eosEOS(EOS)
    $1.29-3.86% 24H
    EOS
    24H : -3.86%
    Volume : $279,220,607.00
    Marketcap : $1,288,282,659.00