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LISK Sheds Farfetched Gains & Draws a Bearish Crossover
3.9.2020
Lisk is DPoS based smart contract platform working to provide enterprise solutions by way of blockchain for more than four years now. The ecosystem of Lisk offers a great opportunity to fetch the benefits of blockchain technology through developer tools, cryptocurrency wallets, and a quivering...
Bitcoin mirrors gains of past halvings, suggesting $41K price in 2020
2.9.2020
Performance remains on track, the stock-to-flow model shows, as creator PlanB tells investors, “patience is a virtue.”
NEM Gains Massively and Holds Complete Support from Daily MAs
2.9.2020
NEM, when broadened, stands for the New Economy Movement, is a dual-layer blockchain, and is one of the active gainers amongst the top 20 cryptos of the global market. XEM/USD is proving all its worth by standing amongst the top 20 lucrative projects. NEM, after trading laterally for 2 years,...
Bitcoin, Ethereum and Altcoins Correcting Gains
2.9.2020
Bitcoin price extended its upward move above the USD 11,800 resistance. BTC even climbed above USD 12,000 before starting a downside correction. It is currently (08:30 UTC) trading above USD 11,650, but the main support is near the USD 11,550 level.
Similarly, most major altcoins are correcting...
Bitcoin and Altcoins Trim Gains As Market Takes Much Needed Break
19.8.2020
Bitcoin price failed to extend gains above USD 12,500 and started a corrective decrease. BTC declined below the USD 12,200 and USD 12,000 support levels. The price is currently (08:30 UTC) trading below USD 12,000 and it might continue lower towards the USD 11,550 support zone.
Similarly, most...
Bitcoin and Altcoins Hesitate, But Further Gains Seem Likely
17.8.2020
In the past few sessions, bitcoin price mostly traded in a range above the USD 11,650 support. Currently (08:30 UTC), BTC seems to be facing a strong resistance near the USD 12,000 level. A successful close above USD 12,000 may perhaps start a steady rise towards USD 12,400 or even...
Mike Novogratz’s Galaxy Digital Holdings Reports $38.5 Million Income for Q2: “We’ve Crossed the Rubicon’
16.8.2020
Galaxy Digital Holdings reported on Friday, August 14 that its comprehensive income for Q2 grew to $38.5 million. The figure reflects both net realized and unrealized gains from digital assets, as well as investing activities of $28.3 million. In an earnings call, Galaxy Digital President, Chris...
Trump’s Proposed Capital Gains Tax Cut Could Boost Crypto Profits
13.8.2020
A proposed capital gains tax cut could be good news for crypto traders in the U.S
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...