Bitcoin nearly tapped $29,000 this morning as the bull run has continued. The leading cryptocurrency is up 5% in the past 24 hours, having pushed from the $27,000 region to $28,900 in the latest leg higher. Bitcoin currently trades for $28,750 as bulls have failed to surmount the $29,000 resistance. Chart of BTC’s price action…
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Bitcoin has been the best performing major cryptocurrency by far, with most large altcoins severely underperforming it throughout the past few days and weeks. While many investors allocated serious capital to altcoins in hopes of smaller tokens being a higher beta play that outperform BTC, the benchmark cryptocurrency’s massive upswing has sucked all the oxygen…
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Bitcoin secured yet another record high level on Wednesday, helped by news of Anthony Scaramucci’s SkyBridge Capital investment’s investment into the cryptocurrency space. The benchmark cryptocurrency topped at $28,580 during the Asian morning session after reports revealed that the investment management firm had purchased $182 million worth of Bitcoin. The news soon followed a dramatic…
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The Ripple Team has released a statement in response to the events of the past week or so. In it, they maintain their innocence against all charges levied by the U.S. Securities and Exchange Commission (SEC). They added that the “muddied waters” have adversely affected innocent XRP holders, who they claim, have no connection to…
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Registered in Estonia, financial company TTM Bank has issued the Prepaid Crypto Card, which can be used to pay wherever VISA payment system cards are accepted. TTM Bank Prepaid Crypto Card supports four cryptocurrencies: BTC, ETH, USDT, and TRX. The card can be used for purchases in both offline and online stores. When depositing, cryptocurrencies…
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Compound Finance’s native token COMP was among the biggest gainers in the decentralized finance space on Wednesday. The fourth-largest DeFi token by market cap surged by more than 10 percent, hitting an intraday high of $154.08 as traders assessed a flurry of upside fundamentals around it. A pseudonymous analyst noted that the Compound protocol lured…
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Bitcoin has undergone a strong rally over the past 24 hours. The cryptocurrency is up 8% in the past 24 hours alone, pushing from the $27,000 range to $28,500 now. The leading cryptocurrency set a new all-time high just a number of minutes ago above $28,500, pushing to $28,600 on top exchanges. This was marked…
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Polkadot’s DOT started a strong surge after it broke the $5.40 resistance against the US Dollar. It is up over 20% this week, and it even rallied above $7.00. DOT gained pace above the $5.40 and $6.00 levels to start a fresh increase against the US dollar. The price is now trading well above $7.00…
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Ethereum started a fresh increase from the $700 zone against the US Dollar. ETH price retested the $745 resistance and it is likely to attempt an upside break above $750. Ethereum remained well bid above $695 and it climbed back above $720. The price is now trading well above $720 and the 100 hourly simple…
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Bitcoin price formed a strong support base above $26,000 and started a fresh increase against the US Dollar. BTC is gaining momentum and it is likely to break $28,000 and $28,400. Bitcoin is showing a lot of positive signs above the $27,000 and $27,300 resistance levels. The price is currently trading above the $27,500 support…
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