Ethereum is currently holding the key $100 support zone against the US Dollar. ETH price is slowly recovering and it seems to be eyeing a crucial upside break above $126 and $130. Ethereum is slowly recovering from the $100 support area against the US Dollar. It is trading above the $110 level, but facing a…
DetailsThe global economy is currently under tremendous pressure, thanks to the fast-spreading COVID-19 pandemic, the OPEC fueled oil price war, global stock markets shock and more. The widespread issues have driven global stock markets, futures, and crude oil prices to the ground and spread into the cryptocurrency market as well. Considered the best alternative and…
DetailsAs a boy, my father urged me to look more into people’s actions rather than their words. In that regard, most artists are much more right-wing than left, even if they mostly present themselves as the opposite. Traditionally, the left is about the collective and the right about the individual. Being an artist is a…
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Crypto derivatives provider Bakkt raised $300 million in its latest financing round even as its core portfolio asset bitcoin suffered huge losses amidst the Coronavirus-led sell-off. According to the announcement, penned by Bakkt’s CEO Mike Blandina, Intercontinental Exchange, PayU, Microsoft’s M12, Goldfinch Partners, Boston Consulting Group, Pantera Capital, and CMT Digital all contributed to the series…
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Last week, the cryptocurrency market valuation was cut in half in less than 48 hours, wiping out over $100 billion value. The catastrophic collapse, however, could be the final shakeout before “moon,” according to one crypto analyst who bases the theory on the fall acting as a retest of downtrend line support – support that…
DetailsBitcoin recently experienced a historic single-day drop, taking the cryptocurrency from $7,500 to under $4,000 in less than 48 hours. The first-ever cryptocurrency is now trading below the cost required by miners to produce each Bitcoin. Now that miners are better off buying BTC outright, what could this mean for the strength of the underlying…
DetailsBitcoin has once again found itself caught within the throes of an immense selloff, with the benchmark cryptocurrency plummeting below $5,000 earlier this morning in tandem with the decline seen by the U.S. stock market. This overtly bearish decline appears to have led to the formation of a new trading range, with some traders noting…
DetailsAmidst an economic crisis, precious metals like gold and silver often act as a safe haven for capital, while other assets fall in value. However, growing concerns over the coronavirus and a possible recession in the near future have created such hysteria and panic, that not even silver, gold, platinum, palladium and other precious metals…
DetailsThe global market meltdown has continued today, with the U.S. equities market plummeting as Bitcoin and most major altcoins also post some notable losses. This decline today led Ethereum to lows of $105, which is where it was able to find some support. Analysts are now noting that there is a critical support region that…
DetailsXRP, like Bitcoin and many other major altcoins, has cratered over the past several days and weeks, plummeting from 2020 highs of $0.35 to recent lows of sub-$0.10. Although the crypto has since climbed from these lows, the instability of the aggregated market has made it prone to seeing further near-term downside. In spite of…
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