Bitcoin price just slammed through $17,000 as part of a seven consecutive week rally. The cryptocurrency finally reached what could be the final resistance level before a retest of its all-time high. With the former peak within striking distance, will bulls seize the opportunity and set aflame to cryptocurrency market interest once again? $17,000 Now…
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Bitcoin has breached $17,000 for the first time in the last three years. The flagship cryptocurrency hit $17,100 ahead of the New York opening bell Tuesday, forming another upward leg in a rally that has already ballooned by 58 percent in the fourth quarter. Meanwhile, its market cap closed towards $315 billion, just $20 billion…
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Yearn Finance beat Bitcoin in the race to claim $20,000 all over again. The protocol’s governance token YFI surged to $20,770 during the early Tuesday trading session. Its move upward brought the price up by 178.42 percent from its early-November nadir, confirming the beginning of a strong rebound that followed an 83 percent crash. Yearn…
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It appears that decentralized finance (DeFi) is back in vogue after a strong 80% correction throughout the past two months. There is a large amount of institutional capital being deployed back into the DeFi space as top coins bounce strongly from their lows. For some context, top coins pertaining to this space have gained massively…
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Ripple surged over 12% and it even broke the $0.3000 resistance against the US Dollar. XRP price is currently trading near $0.3010 and dips might be limited in the near term. Ripple started a strong rally after it settled above the $0.2650 resistance against the US dollar. The price even cleared the $0.3000 resistance and…
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Ethereum found support near the $440 level and settled above $450 against the US Dollar. ETH price is likely to gain momentum if there is a proper close above $470. Ethereum is showing a few positive signs above the $450 and $452 support levels. The price is testing the $470 resistance and it is above…
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Bitcoin price gained bullish momentum and it broke the $16,500 resistance against the US Dollar. BTC is likely to continue higher towards $17,000 as long as it is above $16,200. Bitcoin regained strength and it broke the $16,500 and $16,600 resistance levels. The price traded to a new monthly high at $16,897 and settled above…
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Bitcoin is seeing some intense strength today, with bulls pushing the cryptocurrency towards $17,000 following a brief bout of weakness earlier this week. The ongoing uptrend has marked a significant extension of the trend seen throughout the past few months, with bears being unable to gain any ground against bulls as it continues pushing higher…
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Over the last few weeks, Bitcoin has been rising without pause, absorbing all of the capital out of the crypto market and causing altcoins to bleed on BTC pairs. BTC dominance finds itself at a crucial resistance level, and some of the brightest and best crypto analysts in the community, are divided over the future…
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Litecoin has been one of the best-performing assets of the past 24 hours. The long-standing cryptocurrency has gained 20% in the past 24 hours, outpacing Bitcoin’s 5% gains and Ethereum’s 3% run. This rally comes shortly after LTC was added to PayPal’s new cryptocurrency service. Many saw this addition as validation of the cryptocurrency, which…
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