Ethereum traded to a new all-time high near $1,870 before correcting lower against the US Dollar. ETH price is holding gains and it is likely to accelerate higher towards $2,000. ETH price traded in a strong uptrend and climbed above $1,850 lower against the US Dollar. The price is trading nicely above the $1,750 level…
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Ripple is up over 15% and it broke the $0.5500 resistance against the US Dollar. XRP price is likely to continue higher towards $0.5800 and $0.6000 levels in the near term. Ripple started a fresh increase after it broke the $0.5000 resistance against the US dollar. The price is trading nicely above the $0.5200 level…
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Bitcoin price remained in a bullish zone above the $45,000 support against the US Dollar. BTC is eyeing a fresh rally above the $48,000 and $50,000 resistance levels in the near term. Bitcoin climbed above the $48,000 resistance, but it struggled to continue higher towards $50,000. The price is trading nicely above the $45,000 level…
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2020 was the year of the digital gold narrative amid a pandemic and unprecedented money printing. In 2021, only Bitcoin matters and comparing it to gold at this point is selling the coin short. Now is the age of cryptocurrency, and no comparison shows that better than the two charts you are about to see…
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Litecoin as a cryptocurrency has longevity behind it, digital scarcity, and a code that’s just like Bitcoin’s. Yet the reputation of the altcoin has been so tarnished, it has long lagged behind the rest of the market after being the once clear leader. Signs are mounting that this could soon reverse, and according to a…
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Bitcoin is trading only a couple thousand dollars below $50,000, but according to one crypto analyst, there’s over $1 billion in stablecoins waiting on the sidelines to push the leading cryptocurrency by market cap to a price of $100,000 per coin, within the next thirty to sixty days. Here’s why all this capital sitting on…
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The ongoing price rally in the Bitcoin market paused on Friday as traders decided to secure their short-term profits against the strengthening US dollar, even though a long-term outlook showed the flagship cryptocurrency in a vital state. The BTC/USD exchange rate dropped to an intraday low of $46,845 during the European session, according to data…
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Tesla announced on Monday it had purchased $1.5bn worth of Bitcoin, which boosted the entire cryptocurrency sector. However, some criticized the move due to the added financial risk this imposed on the automaker. Today the BBC joined in with the criticism by saying this undermines Tesla’s environmental credentials. “Critics say electric-car firm Tesla’s decision to…
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Yearn Finance’s governance token YFI reached a new milestone on Friday as its price crossed over the $50,000-mark for the first time in history. The gains appeared as Grayscale Investments, a New York-based cryptocurrency management firm, registered an LLC for a prospective Yearn Finance Trust. That prompted traders to raise their bids for YFI, given…
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Cryptocurrencies have made inroads into the business strategies of some of the leading companies in the world. The recent announcement by leading electric automobile manufacturer, Tesla regarding its acquisition of $1.5 billion worth Bitcoin and its plans to accept crypto payments is a glaring example of such a shift. As big brands and businesses line…
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