In the past 20 minutes, Bitcoin has rocketed higher. After trading around $7,000 for most of Wednesday, the cryptocurrency started to rally, hitting a local high of $7,770 just minutes ago — 9% higher than the weekly open and a more impressive 14% higher than the weekly low. This was a move that surprised crypto…
DetailsLike the rest of the crypto market, Ethereum, too, has performed extremely well over the past hour. The second-largest cryptocurrency, which traded around $183 for most of Wednesday, surged as high as $195 just minutes ago on the back of a short squeeze in the Bitcoin derivatives market, which pushed the asset up nearly 10%…
DetailsThe altcoin known as Stellar, or XLM, has stood strongly alongside XRP as two of the worst-performing cryptocurrency assets of the last few years. But the asset’s woes could soon be turning around after a significant rally aginst Bitcoin took place right under investors noses. Is this another sucker’s rally, or is Stellar about to…
DetailsCredits, B2B and B2C blockchain-based system, today announced its partnership with GeoDB, a decentralized peer-to-peer big data sharing ecosystem. The subject-matter of the agreement between companies involves concerted action to address common goals in the process of the implementation of blockchain technology in various business sectors. GeoDB is a decentralized peer-to-peer big data sharing ecosystem…
DetailsIf you’ve followed the Bitcoin and cryptocurrency space at all over the past few years, you likely know of the term “HODL” or “to HODL.” A misspelling of the word “hold,” it’s an industry joke used by cryptocurrency investors in reference to the investing habits of many in the space: accumulate BTC as fast as…
DetailsThe upcoming bitcoin halving event could prompt a new wave of panic-selling by miners, says a pseudonymous analyst. Some traders may manipulate bitcoin to bootstrap a bullish narrative. Popular bullish models are flawed. Bitcoin Halving has become an eye-candy for a majority of bulls in the cryptocurrency market. The event will make bitcoin scarcer by…
DetailsEthereum is up close to 8% and it surged above the $180 resistance against the US Dollar. ETH is likely to accelerate higher towards the $195 and $200 levels in the near term. Ethereum is back in a positive zone above the $175 and $180 levels. The bulls are now in control and they are…
DetailsRipple started an upward move above the $0.1850 resistance area against the US Dollar. However, XRP price is struggling to gain momentum above the $0.1900 and $0.1920 resistance levels. Ripple price is showing positive signs above the $0.1850 pivot level against the US dollar. The bulls are still struggling to gain strength above the $0.1900…
DetailsAfter attempting to break above the resistance that was faced earlier today around $7,000, Bitcoin has been able to once again recapture its position within this region, as the crypto is now moving to target its imminent resistance levels. This latest upswing may prove to be more than just a fleeting attempt by bulls to…
DetailsBitcoin is up close to 4% and it broke the key $7,000 resistance zone against the US Dollar. BTC price is likely to surge towards $8,000 if it clears the $7,280-$7,300 resistance zone. Bitcoin remained well bid and it started a fresh increase above $7,000 against the US Dollar. The bears failed to push the…
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