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Bitfinex Executives Deny Allegations of Issuing USDT to Pump BTC – “Tether Backed by Cash Assets and a Loan”
13.1.2021
Bitfinex general counsel Stuart Hoegner has dismissed the notion that only 74% of the tether stablecoin in circulation is fully backed. Hoegner insists the stablecoin is fully backed by assets that include cash, cash equivalents as well as bitcoin. However, both Hoegner and the company’s...
These DeFi Tokens Have Double-Digit Gains as Bitcoin’s Growth Tapers
13.1.2021
DeFi tokens are attracting investors as bitcoin's rally fades and new protocols are updated
First Mover: Don’t Like $34K Bitcoin? Stellar, Litecoin Yet to Conquer Old Highs
13.1.2021
Though bitcoin's rally has lost some steam, many traders are still in a bullish mood – and shifting to alternative cryptocurrencies known as "altcoins" whose prices have yet to clear all-time highs from years past.
Bitcoin and Altcoins Setting Up For Next Move
13.1.2021
Bitcoin price is holding ground above the USD 33,500 and USD 34,000 support levels. BTC is showing positive signs, but it is still struggling to gain momentum above the USD 35,500 resistance level. It is currently (13:00 UTC) consolidating, with important hurdles near USD 35,000 and...
Bitcoin and Altcoins Struggle To Gain Bullish Momentum
13.1.2021
Bitcoin failed its attempt to gain strength above USD 35,500 and USD 36,000 and declined below USD 35,000. The price is currently (05:00 UTC) showing bearish signs, but it could find a strong support near USD 31,200 and USD 30,500.
Similarly, most major altcoins failed to clear key inflection zone....
Altcoins move higher while Bitcoin price finds resistance near $35,000
13.1.2021
DeFi tokens and altcoins move high as Bitcoin price finds resistance near $35,000
Multiple Tokens See Rally Amid Looming ‘Alt Season’
12.1.2021
Bitcoin and ether may be pulling back from their all-time highs but alternative cryptos are starting to see action
Three Quick Predictions For Altcoins in 2021
12.1.2021
What's in store for altcoins this year? Well, one industry insider sees death for a number of altcoins, another reminds of good signs that will help altcoins this year, while a third says we might need a change in terminology.
A bull was reigning the crypto market since the end of 2020, while this...
Bitcoin and Altcoins Trading Near Key Inflection Zone
12.1.2021
There was a steady increase in bitcoin price above the USD 32,500 and USD 34,000 levels. BTC even broke the USD 35,500 resistance level, but it struggled to gain strength above USD 36,250. It is currently (13:00 UTC) trading well below USD 36,000, with a strong support at USD 34,000.
Similarly...
Bitcoin and Altcoins Show Recovery Signs
12.1.2021
After a massive decline, bitcoin price remained well bid above the USD 30,000 zone. BTC traded close to USD 30,200 before it started a fresh increase. There was a clear break above USD 34,000 and the price is currently (05:00 UTC) attempting a close above USD 35,500.
Similarly, there was a recovery...
Bitcoin and Altcoins Struggle to Recover, Key Uptrend Support Intact
11.1.2021
After a sharp downside correction, bitcoin price found support above USD 32,500. BTC started a fresh recovery and climbed above USD 34,000 before correcting lower again. It is currently (13:00 UTC) showing positive signs, but it could face hurdles near USD 35,000 and USD 35,500.
Similarly, major...
Bitcoin and Altcoins Correct Sharply, Crucial Supports Nearby
11.1.2021
After struggling to gain bullish momentum above USD 40,000, there was a downside correction. BTC declined heavily and traded below the USD 38,000 and USD 36,500 support levels. It traded towards the USD 32,500 support and it is currently (05:00 UTC) recovering towards USD 36,500.
Similarly, there...
Traders flock into altcoins as Bitcoin price trades sideways
9.1.2021
Altcoins are surging higher as Bitcoin price consolidates and the prospect of a $3 trillion economic stimulus package sparks confidence in crypto investors
Ripple’s CEO Addresses Key Allegations by US SEC — Legal Response Coming Soon
9.1.2021
Ripple CEO Brad Garlinghouse has addressed some of the allegations made by the U.S. Securities and Exchange Commission (SEC) against his company. He focused on answering five questions on what he calls “unproven allegations” by the regulator. Garlinghouse Says There Is ‘Regulatory...
Altcoins sell-off as traders jostle to hold Bitcoin price above $40K
8.1.2021
Bitcoin bulls fight to hold the $40,000 level as support while many altcoins sell-off due to profit taking
Asia’s Retail FOMO Could Be Behind XRP’s Rally Despite SEC’s Lawsuit
8.1.2021
Data and traders reveal the source of XRP's recent price rally could be Asia
Bitcoin and Altcoins Correct Lower, Dips Remain Attractive
8.1.2021
There were additional gains in bitcoin price above the USD 38,500 resistance. BTC even broke USD 40,000, traded to a new all-time high near USD 40,400 before correcting lower. It traded towards the USD 36,500 support and it is currently (05:00 UTC) recovering above USD 38,000.
Similarly, there...
Altcoins and stocks move higher after Bitcoin price rally to $40,000
7.1.2021
Bitcoin’s move above $40,000 and the strong double-digit rallies of multiple altcoins prove bulls are running the show
Bitcoin Breaks USD 38K, XRP Rips Higher, Altcoins Remain Attractive
7.1.2021
There was a fresh increase in bitcoin price above the USD 37,500 and USD 37,750 levels. BTC even cleared the USD 38,000 level and traded to a new all-time high. The price is currently (13:00 UTC) showing signs of upside continuation and it could rise further to USD 39,500 or USD 40,000.
Similarly...
Record Expected Ether-Bitcoin Volatility Points to Altcoin Season Ahead: Analyst
7.1.2021
Peaking implied volatility spreads suggest the emphasis in the markets will shift to ether and other alternative currencies in the short term