OKEx has been a leading exchange and trading platform in the crypto industry. It is known for its long list of products and features that offer plenty of options across a variety of assets to the crypto trading community. However, the company’s mission is no longer confined to growing its own ecosystem as it embarks…
DetailsThe growth of stablecoins in 2020 has been unlike anything seen before. Each week, more and more of the fiat-backed crypto assets are printed, nearly as fast and as often as the Federal Reserve is printing new cash. After the latest boost, the total stablecoin market cap has achieved a milestone of $10 billion. But…
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Bitcoin started off the week on the wrong foot. Its price recently dropped below $9,000 for the first time since late May. The sudden bearish impulse sent investors into “fear,” according to the Crypto Fear and Greed Index. Despite the state of commotion in the market, the flagship cryptocurrency sits above a critical support barrier.…
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Last night at 8PM eastern standard time, Bitcoin price closed its weekly candle at roughly $9,325. While the close marked yet another week of failed attempts to break above $10,000, it also marked the first retest of the Ichimoku indicator Kumo, or “cloud.” Another retest is in progress and currently holding. If Bitcoin price can…
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Bitcoin extended its bearish correction at the start of this week, falling briefly below $9,000 for the first time in three weeks. While cryptocurrency reclaimed the said support level, fears of new sell-off rounds are looming over its market. Meanwhile, a separate fractal is also suggesting that Bitcoin would retest $6,000 in the medium-term. Bitcoin…
DetailsA Grain of Truth in a Joke Electronic Arts’ famous tweet urging people to “invest in Crypto” was merely a joke back in 2019 but now we might be in for an ironic twist. The tweet wittily referred to a guy named Crypto, a new character of EA’s sensational battle royale shooter Apex Legends. Now,…
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Ethereum is following a bearish pattern and it recently failed to surpass $240 against the US Dollar. ETH price is likely to continue lower and it may soon retest the $200 support zone. Ethereum failed to clear the main $240 resistance zone and started a fresh decline. The price is now trading well below the…
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Due to a widespread recovery in risk assets, Bitcoin and its altcoin counterparts have recovered all the losses they have incurred in March. From the March lows of $3,700, in fact, Bitcoin is up by over 150%. Yet with BTC finally stalling in the $9,000s, analysts see a confluence of tell-tale signs that a further…
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Bitcoin, gold, and global stocks fell in sync after a jump in virus cases moved investors to the safety of cash. The sentiment helped the U.S. dollar index recover its losses by another 0.11 percent, bringing its total upside rebound to 1.43 percent. Sebastien Galy, a strategist at Nordea Asset Management, noted the recent pullbacks…
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Ripple failed to recover above the $0.1950 resistance and started a fresh decline against the US Dollar. XRP price is likely to accelerate lower below $0.1840 and $0.1800 in the near term. Ripple was rejected above the $0.1950 level and it is again declining against the US dollar. The price is now trading well below…
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