Ethereum has been on a remarkable recovery over the past few weeks. In fact, just yesterday, the cryptocurrency shot to $190, which meant that it had retracted effectively 100 percent of the brutal “Black Thursday” crash, which saw ETH fall from $194 to a low of $90 in the span of 24 hours. This drop,…
DetailsBitcoin saw a notable overnight rally that allowed it to move as high as $7,300, with this coming about after an extended period of trading sideways within the lower-$7,000 region for the latter part of this past week. It now appears that bulls are targeting a movement towards $8,000, as resistance could be weakening as…
DetailsEthereum has been able to significantly extend its recently established momentum today, with the cryptocurrency rallying all the way up to highs of $183 after a short-lived period of sideways trading around $170. The extension of this uptrend has allowed Ethereum to surmount a massive high-time-frame resistance region that bulls are currently in the process…
DetailsAlthough Bitcoin normally leads the crypto market, Ethereum has outperformed almost all other digital assets over the past few days. As of the time of this article’s writing, the cryptocurrency trades at $182, up 7% in the past 24 hours and up 24% since the lows of the week near $147. From the bottom seen…
DetailsBitcoin is slowly gaining momentum and it broke the $7,000 resistance against the US Dollar. BTC is showing positive signs and it is likely to surge towards $7,500 and $8,200. Bitcoin is up more than 5% from the $6,500 swing low formed this past week. The bulls are gaining momentum above $7,500 and the 100…
DetailsIn the wake of the crash to $3,700, investors thought Bitcoin was on a certain path to fresh macro lows under $3,100. But, this has quickly changed as the cryptocurrency has embarked on a stunning recovery, reaching $7,500 last week on the back of hype regarding the May 2020 block reward halving. Unfortunately, the 100%…
DetailsAnother week, another round of Crypto Tidbits. After falling as low as $6,500 this week, Bitcoin mounted a strong comeback over the past two days, rallying as high as $7,200 as bulls have taken over. Other cryptocurrencies have registered even more impressive gains. This renewed strength comes as the stock market has continued to rally higher…
DetailsNewsBTC articles are now available for reading and discussion on Commun, a newly-launched blockchain-based social network. Those joining the NewsBTC community among three others are granted the starting amount of the community’s internal token on registering on the platform. Commun, a Reddit-like network which launched its mainnet at the end of 2019, serves as a…
DetailsSince 2017’s blow-off top at $20,000, investors have been wondering when Bitcoin would be thrust into its next bout of parabolic growth. After all, crypto investors are used to rounds of rapid growth, then brutal drawdowns. Related Reading: Crypto Tidbits: Bitcoin Loses $7k, Blockchain Layoffs, Ethereum DeFi Explodes But, a key indicator is showing that…
DetailsAfter falling as low as $6,500 this week seemingly due to stock market weakness, Bitcoin has mounted a strong comeback over the past 24 hours, rallying as high as $7,200 as bulls have taken over. Other cryptocurrencies have registered even more impressive gains. $8,000, some analysts say, is next for Bitcoin as the technicals suggest…
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