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Bitcoin, Altcoins & Gold Drop while Stocks Rally on COVID-19 Vaccine News
9.11.2020
Bitcoin (BTC) and other major coins extended their decline today, while stocks rally on the major vaccine news. Meanwhile, gold is down too.
It has been revealed that the COVID-19 vaccine that is being developed by American pharmaceutical corporation Pfizer Inc. and German biotechnology company...
Bitcoin And Altcoins Start This Week On A Volatile Note
9.11.2020
There were mostly positive moves in bitcoin price above the USD 15,350 support level. BTC climbed higher steadily and it surpassed the USD 15,500 level, before it corrected lower again. The price is currently (13:28 UTC) trading above USD 15,350.
Similarly, most major altcoins trimmed some of their...
Bitcoin And Altcoins Regain Strength, Hurdles Remain
9.11.2020
After a major downside correction, bitcoin price found support near the USD 14,450 zone. BTC started a fresh increase and climbed above the USD 15,000 resistance. The price even cleared the USD 15,350 resistance, but it is currently (05:30 UTC) struggling to clear the USD 15,550 and USD 15,600...
3 factors to consider before trading crypto perpetual futures contracts
8.11.2020
Traders are making massive gains from perpetual futures contracts but there are three risks to be aware of before trading
Ethereum User Spends $9,500 in Fees Sending Just $120 in an Error to Forget
8.11.2020
An Ethereum user mistakenly paid $9,500 in transaction fees to send just $120. The user, identified by their Reddit moniker ‘Proudbitcoiner’, says the transaction “destroyed my life” and is now desperately asking miners to return the money. According to a Nov. 4 post...
ETH 2.0 Scheduled for December, Vitalik Deposits $1.4M Worth of Ether Into Phase 0 Contract
7.11.2020
This December the cryptocurrency community may see the first introductory phase of the highly anticipated Ethereum 2.0 consensus change. On Wednesday, the Ethereum Foundation published ETH 2.0 specifications explaining how the genesis phase will be invoked. Moreover, on November 5, Ethereum’s...
Binance’s DeFi index crashes 60% as Bitcoin overshadows altcoins
6.11.2020
Binance’s DeFi Composite Index has been hit hard by the abrupt drop of the DeFi sector, down around 60% since early September
Bitcoin Moves Towards USD 16,000, Altcoins Pick Up Pace
6.11.2020
Bitcoin bulls gained strength after there was a clear break above the USD 15,000 resistance. As a result, BTC gained over 10% and it surged above USD 15,500. The price traded to a new multi-month high close to USD 15,950 and it is currently (06:00 UTC) correcting gains below USD 15,750.
After...
Bitcoin Rallies, Altcoins Struggle To Follow
5.11.2020
In the past three sessions, there was a strong bullish momentum in bitcoin price above the USD 14,000 resistance. BTC surged over 8% and it even broke the USD 14,500 and USD 14,800 resistance levels. The price traded close to USD 15,000 and it is currently (13:00 UTC) showing no signs...
Bitcoin At New High, Altcoins Gain Momentum
5.11.2020
There was a steady rise in bitcoin price above the USD 13,800 and USD 14,000 resistance levels. BTC even broke the USD 14,200 resistance and traded to almost a three-year high. It is currently (06:00 UTC) consolidating gains and trading well above the USD 14,000 support level.
Also, there...
Bitcoin and Altcoins Fluctuate Amid US Election Results
4.11.2020
After a spike above the USD 14,000 level, bitcoin price started a short-term downside correction. BTC traded below USD 13,800 level, but the price remained steady above USD 13,650 and USD 13,500. The price is currently (13:00 UTC) consolidating and it seems to be preparing for the next move amid...
US Election Fuels Volatility in Bitcoin and Altcoins
4.11.2020
There was a strong upward move in bitcoin price from the USD 13,350 support level. BTC broke the USD 13,650 resistance and it is currently (05:00 UTC) trading above USD 13,800. It seems like the bulls are eyeing a strong upward move, with an increase in volatility due to the US presidential...
Bitcoin and Altcoins Recover But Facing Strong Resistance
3.11.2020
After a strong decline, bitcoin price remained stable above USD 13,200. BTC started an upside correction and traded above the USD 13,500 level. The price is currently (13:00 UTC) consolidating and it might face a solid resistance near the USD 13,650 level.
Similarly, there was a minor upward move...
Bitcoin and Altcoins Face Increased Selling Pressure
3.11.2020
In the past three sessions, bitcoin price saw an increase in selling pressure below USD 13,650. BTC broke the USD 13,500 support and even extended its decline below the USD 13,350 support. The price is currently (05:00 UTC) holding the USD 13,200 support, but it might struggle to climb back above...
Bitcoin and Altcoins Trim Gains, Key Supports Intact
2.11.2020
Bitcoin price failed to continue higher above the USD 13,800 resistance. As a result, BTC started a downside correction and traded below the USD 13,500 support. The price is currently (13:00 UTC) down over 2% and it is now approaching the USD 13,200 and USD 13,000 support levels.
Similarly, there...
Bitcoin Remains In Uptrend, Altcoins Show Positive Signs
2.11.2020
After a short-term downside correction, bitcoin price regained strength above the USD 13,500 resistance. BTC is currently (05:00 UTC) trading well above USD 13,650 and it might continue higher above USD 13,800 and USD 13,850. The main hurdle for more upsides is near the USD 14,000 level.
Similarly...
Report: Token Listings Have Short Term Positive Influence on Price, M&A Have Better Impact in the Long Term
1.11.2020
A study by Etoro and The Tie find listing and partnership announcements as significant developments (Sigdev) that have an immediate, large, and positive influence on token price. This influence, which peaks within the first 24 hours, usually wears off after a week, according to the study report....
Ethereum price ascending channel breakout possible if Bitcoin consolidates
31.10.2020
Consolidation from Bitcoin would allow Ethereum to double bottom in its BTC pair and possibly breakout from the ascending channel in its USDT pair
Bitcoin Consolidates Above USD 13.2K, Ethereum, Altcoins Extend Losses
30.10.2020
After a strong upward move towards USD 13,700, bitcoin price failed to continue higher. BTC corrected lower and traded below the USD 13,500 support level. The price is currently (13:00 UTC) consolidating above the USD 13,200 support and seems to be preparing for the next move.
Conversely, there...
Bitcoin Holds Ground Above USD 13,000, Altcoins Still Struggle
30.10.2020
After a major downside correction, bitcoin price formed a support base above the USD 13,000 support. BTC started a fresh increase and climbed back sharply above USD 13,500. The price is currently (05:00 UTC) trading above USD 13,350 and it might continue higher above USD 13,500 and...