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Bitcoin, Ethereum, and Altcoins Looking For Direction
2.8.2021
Bitcoin price extended its decline below the USD 40,000 support. BTC is currently (12:25 UTC) consolidating near USD 40,000 and it might start a fresh increase. A close above USD 40,500 is needed for a steady rise.
Similarly, most major altcoins are also trying to move higher. ETH is back above...
While GBTC Bitcoin Stacking Slows, Grayscale Accumulates Alternative Crypto Assets
2.8.2021
Established in 2013, the firm Grayscale Investments has managed to become the world’s largest asset manager for digital currency. While initially starting with bitcoin, the company has since added a myriad of different crypto assets as Grayscale commands $36.34 billion in assets under...
Bitcoin, Ethereum, and Altcoins Halt Rally, Correct Gains
2.8.2021
This past weekend, bitcoin price extended its increase above the USD 42,000 resistance. However, BTC failed to gain traction above USD 42,500. It started a downside correction and it is currently (04:28 UTC) trading below USD 39,800.
Similarly, most major altcoins corrected gains. ETH climbed...
Global Cryptocurrency Adoption Doubled Since January Reaching 221 Million Users: Report
31.7.2021
A new report issued by Crypto.com, a cryptocurrency exchange and fintech services firm, discovered that the number of people using cryptocurrencies has more than doubled since January, reaching 221 million last June. The report states that the rise of the defi movement, institutions like Tesla...
Japan’s Crypto Titans Post High Crypto Biz Profits, Pivot Towards Altcoins
31.7.2021
Two of Japan’s biggest crypto players – the financial giants the SBI and Monex groups – have posted high crypto profits in their second-quarter reports.
Both firms have a range of diverse crypto interests, both at home and abroad. SBI operates two domestic crypto exchanges: SBI VC Trade and...
Altcoins pump while traders anticipate a lower support test from Bitcoin
29.7.2021
RUNE, QNT and PERP continue to gather strength even as analysts expect a lower support test for Bitcoin price
Estimated Number of Crypto Users Reaches 221M, Spurred by Altcoins
29.7.2021
As of July 6. The estimated global crypto population doubled in four months, and it reached 221m as of June, according to calculations by major crypto platform Crypto.com.
"In comparison, it took nine months to reach 100 million from 65 million" since they began tracking these...
Bitcoin and Ethereum Fluctuate, Altcoins Trim Gains
29.7.2021
Bitcoin price is showing positive signs above the USD 39,200 and USD 39,000 support levels. BTC is currently (12:27 UTC) consolidating and it might surge above USD 40,000 once again. A successful close above USD 40,000 and USD 40,500 could push the price higher.
Besides, most major altcoins...
Market Wrap: Bitcoin Expected to Pause Before Next Rally
28.7.2021
Analysts expect bitcoin to pause at around $40K before its next leg up
VORTECS™ Spotlight: Here’s why Telcoin’s (TEL) rebound eclipsed most altcoins
28.7.2021
As Bitcoin price reversed course, a key trading indicator flashed bullish hours before TEL embarked on a sharp 82% rally
Small-cap altcoins push higher as Bitcoin bulls fight to hold $40,000
28.7.2021
LINA, WRX and STORJ led altcoins higher even as Bitcoin bulls encounter resistance at the $40,000 level
Bitcoin Plays With USD 40K, Ethereum, Altcoins Rally
28.7.2021
Bitcoin price remained well bid above the USD 36,000 and USD 36,250 levels. As a result, BTC started a fresh increase above the USD 38,000 resistance. It surged by 8%, tested the USD 40,000 barrier and it is currently (04:01 UTC) showing positive signs.
Similarly, most major altcoins are gaining...
Kenyan Farmers Pivot to Cryptocurrency as Popularity of Community Currencies Grows
28.7.2021
The growth and popularity of community inclusion cryptocurrencies in Kenya continues to soar with the country’s rural farmers being the latest group to embrace the financial technology. As one report reveals, some farmers in Kenya’s countryside are now accepting cryptocurrency...
Market Wrap: Bitcoin Stalls After Short-Squeeze Rally
27.7.2021
Technical data suggests lower support around $34,000 could stabilize the current pullback
Bitcoin and Ethereum Aim For More Gains, Altcoins Remain Attractive
27.7.2021
Bitcoin price corrected lower from the USD 40,000 resistance zone. BTC declined below USD 38,000, but the bulls were active above the USD 36,000 support. The price is currently (12:12 UTC) rising and it could accelerate higher above USD 38,000.
Similarly, most major altcoins are showing signs of...
Market Wrap: Possible Trend Reversal as Bitcoin Spikes Past $40K
26.7.2021
The strong bounce in bitcoin over the weekend occurred as shorts covered positions
Bitcoin Inches Higher, Ethereum and Altcoins Accelerate
26.7.2021
Bitcoin price started a strong surge above the USD 35,000 resistance. BTC even traded close to USD 40,000 before it corrected gains. It is currently (12:29 UTC) consolidating above USD 38,500 and it might accelerate higher.
Similarly, most major altcoins are showing bullish signs. ETH is...
Portfolio Strategist Expects Cardano to Become Mainstream Cryptocurrency Alongside Bitcoin and Ether
26.7.2021
A portfolio strategist for American financial services firm Morningstar says that cardano could become a mainstream cryptocurrency alongside bitcoin and ether, forming a “big three” of mainstream cryptocurrencies. Strategist Believes Cardano, Ether, Bitcoin Could Become Mainstream...
Powered by the people: 3 altcoins whose tweet volume spiked before a strong rally
24.7.2021
In some cases, unusually high tweet volume can signal that an asset is about to soar, but traders should mind the context
Coinbase Commerce Now Supports Dogecoin Payments
23.7.2021
Coinbase now accepts commerce payments in dogecoin. With the addition of the meme crypto, Coinbase Commerce now allows customers to check out and pay with seven cryptocurrencies. Coinbase Commerce Now Supports Dogecoin Coinbase Commerce is a platform by the Nasdaq-listed Coinbase that...