Bitcoin‘s halving is just one week away. The event has long been anticipated as the trigger that finally kicks off the first-ever cryptocurrency’s next major bull market – just as it has in the past. But how does this cycle stack up to the past? With just one week to go, we’re comparing past pre-halving…
DetailsBitcoin has firmly established that it is trading within a relatively tight range. This comes as the cryptocurrency has been hovering within the upper-$8,000 region for several days. Each visit up to highs of $9,200 has been met with significant selling pressure that subsequently forces it lower, signaling that this is the key near-term resistance…
DetailsThe crypto altcoin asset known as Stellar, or XLM, was among the worst performers during the bear market. However, a powerful fractal found on the asset’s price chart could show just how epic the next crypto bull market can be. Bitcoin Halving Triggered Massive Crypto Upsurge and Alt-Season Last Cycle In late July 2016, Bitcoin…
DetailsA prominent analyst within the crypto community suggested that Ethereum’s price action seems to resemble the way Bitcoin was behaving between 2015 and 2018. Under such circumstances, the chartist implied that ETH can surge up to 63x in its next bull run. The smart contracts giant could have the ability to peak at a high…
DetailsRipple’s native token XRP is facing serious risks of plunging as a string of negative fundamentals attacks buying sentiment. A Puerto Rico-based firm has filed a lawsuit against Ripple and its CEO, alleging security frauds. Meanwhile, disgruntled co-founder Jed McCaleb is reportedly dumping 400,000 XRP units every month. The XRP/USD exchange rate is holding its…
DetailsBrave browser continues its phenomenal growth rate, hitting 13.8 million users at the end of April. Of those users, 1.7 million have opted into the crypto rewards system, according to co-founder Brendan Eich. Brave Browser is a Stepping Stone Into Crypto For Many In the world of crypto, Brave browser occupies a somewhat unique position,…
DetailsBitcoin’s wild upside move on April 29 led a veteran trader to rubbish the cryptocurrency’s safe-haven narrative. Former eToro executive Mati Greenspan said pumping behavior robs bitcoin off its hedging qualities. He added that the cryptocurrency risks falling because of its record correlations with the U.S. stock market. When markets fall drastically, investors extract their…
DetailsXRP has been able to post a notable surge in the time following its mid-March dip that led it to lows within the sub-$0.10 region – a level not seen since prior to the insane 2017 rally that led it to highs of nearly $4.00. This intense recovery, however, has not allowed the embattled crypto…
DetailsIt’s been an explosive past few weeks for Bitcoin. The cryptocurrency, which traded in the $6,000s at the start of April, traded as high as $9,500 last week. While the ongoing rally has stalled in the $8,000s, with BTC holding at $8,800, analysts expect upside. Backing this sentiment is a confluence of technical and fundamental…
DetailsBitcoin is attempting to start a fresh increase above $9,000 against the US Dollar. BTC price could either rally above $9,000 or start another decline towards $8,400. Bitcoin is facing a major resistance near the $9,000 and $9,020 levels. The price is trading above the 100 hourly simple moving average, but struggling to gain momentum.…
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