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Market Outlook: BTC Trend Targets $15K, Bitcoin Bull Raoul Pal ‘Irresponsibly Long’
10.8.2020
Cryptocurrency markets have been fluctuating quite a bit lately, as bitcoin and a number of crypto assets have been testing new resistance levels. The market valuation of the entire crypto-economy is hovering around $360 billion as a decent portion of the top twenty digital assets have gained 1-15%...
Monero’s Hashrate Experienced Its Largest Single Day Gains Ever
7.8.2020
Monero has experienced its biggest single day gain in hashrate since its creation back in 2014
XRP Price Gains 40% in One Week But Can It Continue Rally to $0.50?
3.8.2020
XRP price has broken through several key resistance levels including $0.30 as it tries to catch up to Bitcoin with its own impressive gains
Bitcoin, Ethereum and Major Altcoins Target Additional Gains
29.7.2020
Bitcoin price started a downside correction after tagging the USD 11,400 level. BTC remained well bid near USD 10,800 and it is currently (08:30 UTC) trading above USD 11,000.
Similarly, most major altcoins are trading in a positive zone, including ethereum, XRP, litecoin, bitcoin cash, BNB,...
Expectations for Even Further Bitcoin Gains Keep Lid on Futures Contracts Liquidations
28.7.2020
Only $133 million in futures were liquidated on BitMEX as bitcoin soared above $11,400
Bitcoin Correcting Gains, Major Altcoins Look Bullish
28.7.2020
Bitcoin price started a strong increase above the USD 10,000 level. BTC broke a crucial resistance near USD 10,500 and it even rallied above USD 11,000. The price traded to a new monthly high close to USD 11,400 and it is currently (08:30 UTC) correcting below USD 11,000.
Most major altcoins also...
Market Update: Cryptocurrency and Gold Markets Fueled by Failing Global Economy
27.7.2020
The cryptocurrency economy has spiked significantly on July 26 into the overnight trading sessions capturing over $300 billion in value. Bitcoin is trading above the $10,360 zone while ethereum is swapping for $321 per coin. Meanwhile, the precious metals gold and silver have seen incredible gains...
DeFi Moves: Maker, Ampleforth Hit Milestones, YFI Corrects '100x' Gains
27.7.2020
Source: Adobe/Сергей Шиманович
After a wild ride higher in recent months, tokens in the decentralized finance (DeFi) space are taking a breather today, while the growth in total USD value locked in DeFi protocols is also on pause after more than 10 days of uninterrupted growth.
In terms of total...
Market Update: Crypto Cap Nears $300 Billion, BTC Hits $10K, ETH Rallies Hard
26.7.2020
The digital currency economy is steadily approaching a $300 billion market capitalization, as a great number of coins have been seeing decent gains. Bitcoin touched a high of $10,135 on July 26, during the early morning trading sessions, but ethereum is outpacing the top crypto measured by market...
Bitcoin and Altcoins Correcting Gains, Ethereum Outperforms
24.7.2020
Bitcoin price remained in a bullish zone above the USD 9,550 level. BTC extended its rise above the USD 9,600 level and traded to a new monthly high close to USD 9,650. It is currently (09:00 UTC) correcting gains and it might test the USD 9,400 support zone.
Most major altcoins are trading in...
South Korea to Charge 20% Tax on Bitcoin Profits Under New Law
23.7.2020
South Korea will now tax profits made from buying and selling of cryptocurrency at 20% after the government agreed to the decision on Wednesday. The decision was reached after months of debate. According to a taxation policy amendment notice released July 22, the Ministry of Economy and Finance...
Bitcoin and Altcoins Consolidate Gains
22.7.2020
Bitcoin price gained bullish momentum after it broke the USD 9,300 resistance. BTC even surpassed the USD 9,400 level before starting a downside correction. The price is currently (08:30 UTC) consolidating near USD 9,300 and it might start a fresh increase.
Similarly, most major altcoins remained...
Bitcoin Cash, Litecoin See Gains as New Grayscale’s Funds Go Public
21.7.2020
The price of both bitcoin cash (BCH) and litecoin (LTC) increased after major crypto asset manager Grayscale Investments said that two new trust funds backed by the cryptocurrencies have been approved for listing on public over-the-counter (OTC) markets in the US.
At the time of writing (09:34...
Binance Coin Gains 17% on Bitcoin in July but Can ‘IEO Season’ Happen?
14.7.2020
The price of Binance Coin has gained almost 20% on Bitcoin in July and this spells bullish for the price of the exchange’s IEO tokens
Ontology Gains Over 30% in 2 Weeks and Trades Above $0.70
14.7.2020
Ontology has been gaining an edge in the altcoin market and has drawn an uptrend straight after the market crash in March. With a bullish intraday momentum, ONT/USD bullish candlewick of the price trend is hitting the upper 20-day BB. Ontology, which otherwise was seen trading laterally, is...
Market Wrap: Stocks Make Gains While Bitcoin Sticks to $9,200
13.7.2020
A bullish stock market left bitcoin behind Monday with the world’s oldest cryptocurrency trading flat
South Korea Could Issue a Crypto Capital Gains Tax as High as 20%
13.7.2020
Crypto taxation in South Korea could increase to 20% for capital gains
First Mover: Twelve-Fold Gains for Aave’s LEND Token Might Be More Than DeFi Hype
13.7.2020
Collateral deposits in Aave are up nearly $160 million over the past six months, suggesting actual usage rather than speculation
Altseason Imminent: ‘Most Altcoins Should Gain on Bitcoin Soon,’ Says Veteran Analyst
13.7.2020
During the last 30 and 90-day intervals, a number of altcoins have done much better than bitcoin, as far as price percentage increases are concerned. Last Thursday, the popular analyst Peter Brandt told his 360,000 followers that the price of ethereum saw a “significant breakout”...
South Korean MP Makes Bid to Impose Capital Gains Tax on Crypto
10.7.2020
Yang Kyung-sook. Source: Twitter, @yangkyungsook
An influential South Korean MP has put forward a private members’ bill that would see crypto taxed under the nation’s capital gains tax laws.
Per Jose Ilbo, Yang Kyung-sook, an MP for the ruling Democratic Party and a member of the National...