The cost to purchase one Bitcoin surpassed $50,000 per token for the first time in history. Traders pumped the flagship cryptocurrency towards a new record high of $50,645 ahead of the New York opening bell on Tuesday. Their upside bias took cues from a sequence of optimistic events that happened last week, ranging from Tesla’s…
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The interest in Bitcoin is currently at an all-time high, thanks to the cryptocurrency breaking all its previous records by the end of 2020. With the crypto hovering close to the record $50000-mark, interest among investors to acquire the asset has also increased which is reinforced by the bullish sentiment exhibited by traders on the…
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ATOM rallied by up to 36 percent on a week-to-date timeframe as traders assessed the prospects of a major technological update on its parent blockchain Cosmos on February 18. Dubbed as “Stargate,” the upgrade would enable Cosmos-based chains to connect using the first standardized protocol for inter-blockchain communication. With that said, chains will securely and…
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Considering the fact that we are in the internet age, there’s never been more content available and produced. So, whether it’s news updates or video, content is on an exponential increase globally. According to research, there has been a significant rise in the number of eSports and video viewers. In 2019, it was recorded that…
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Polkadot’s DOT remained strong above the $25.00 support zone against the US Dollar. It is now trading nicely above $28.00 and it may soon surpass the $30.00 resistance zone. DOT started a fresh increase after a minor correction towards the $25.00 support against the US dollar. The price is trading nicely above the $28.00 support…
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Ethereum managed to remain stable above $1,750 against the US Dollar. ETH price is now eyeing an upside break above the $1,850 and $1,880 resistance levels. Ethereum started a fresh increase after trading towards the $1,650 support zone. The price is now trading well above $1,750 and the 100 hourly simple moving average. There is…
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Bitcoin price recovered nicely after diving towards the $46,000 zone against the US Dollar. BTC is eyeing a fresh increase above $49,000 and it may even test the $50,000 barrier. Bitcoin started a fresh increase after correcting lower to $45,700. The price is trading above the $47,000 support, but it is below the 100 hourly…
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Bitcoin price has been trending upward for months, but the general consensus amongst crypto investors is that the point of no return hasn’t been reached yet, so there’s still plenty of time to get into position for the next move up. Overly eager long traders, however, had their hearts broken when $1.9 billion in positions…
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Bitcoin dipped on Monday after hitting a new record high in the previous session, pointing to a spike in profit-taking sentiment among daytraders. The analogy was visible in the statistics shared by an independent analyst on Twitter. The pseudonymous entity noted an 11.5 percent a 12 percent decline in the number of newly-created and active…
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An early session slipover in the SushiSwap’s SUSHI market turned into a buying opportunity for traders that were seeking safety against a dwindling cryptocurrency market this Monday. The SUSHI/USD exchange rate climbed by more than 24 percent from its intraday low of $12.80. Traders spotted upside opportunities in the pair as its relative strength indicator…
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