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Bitcoin and Altcoins Nosedive Below Key Uptrend Supports
22.9.2020
Bitcoin price failed to settle above the USD 11,000 resistance zone, resulting in a sharp bearish reaction. BTC declined below the USD 10,650 and USD 10,550 support levels. It is currently (08:30 UTC) trading well below USD 10,550 and there are chances of more losses towards USD 10,000.
Similarly...
Bitcoin Stuck In Crucial Range While Altcoins Face Selling Pressure
21.9.2020
After a clear break above USD 11,000, bitcoin price faced resistance near USD 11,200. BTC started a downside correction and it is currently (08:30 UTC) trading below the USD 11,000 level. It seems like the price is stuck in a range above the USD 10,750 support level.
On the other hand, most major...
In Devs We Trust: Bitcoin Bugs Die in Secret, Leaving Altcoins At Risk
19.9.2020
Bitcoin (BTC) is regularly championed as the most secure cryptocurrency out there, but even it’s vulnerable to the occasional bug, also meaning that BTC forks might be suffering from the same problem.
This unavoidable fact was brought home at the beginning of September, when a research paper...
Bitcoin and Altcoins Target Fresh Monthly Highs
18.9.2020
Bitcoin price is consolidating above the USD 10,800 level, with many supports on the downside. BTC is currently (08:30 UTC) trading above USD 10,900, and it seems like the bulls are aiming more upsides above USD 11,000 and USD 11,120 in the coming sessions.
Similarly, most major altcoins...
Defi Economy Rebounds: Total-Value Locked Jumps 28% Capturing Close to $9B
18.9.2020
The total-value locked (TVL) in decentralized finance (defi) economy has recaptured much of the value lost during the Sushiswap fiasco last week. At the time, the defi TVL tumbled down to $6.8 billion from the $9.6 billion high on September 8, suffering a loss of close to -29%. Since then, however...
‘Alt-season’ abruptly ends as Bitcoin dominance rises near quarterly close
17.9.2020
Bitcoin price is gathering strength as its dominance rate bounced from recent lows, possibly bringing a close to the altcoin season
Bitcoin Strongest In North America, Asia More Open to Stablecoins, Altcoins
17.9.2020
Bitcoin (BTC), the first and largest cryptocurrency, has the strongest positions among crypto users in North America, while stablecoins and altcoins get more attention in Asia, a new report from crypto analysis firm Chainalysis showed.
According to the report, BTC made up 72% of the crypto...
Bitcoin and Altcoins Showing Signs of Upside Continuation
17.9.2020
Bitcoin price is gaining momentum and it even spiked above the USD 11,000 resistance zone. BTC is currently (08:30 UTC) correcting lower, but the previous resistances near USD 10,800 and USD 10,650 might provide support in the coming sessions.
Similarly, most major altcoins stayed above...
Bitcoin Eyes Crucial Upside Break While Altcoins Struggle
16.9.2020
Bitcoin price is showing positive signs above the USD 10,800 resistance. However, BTC bulls are still struggling to clear the USD 11,000 resistance zone. The price is currently (08:30 UTC) stuck between USD 10,800 and USD 11,000, and it seems like the market is preparing for the next...
Bitcoin Inches Closer To USD 11,000, Altcoins Turn Green
15.9.2020
Bitcoin price started a steady recovery above the USD 10,500 and USD 10,550 resistance levels. BTC even surpassed the USD 10,700 level, and it is currently (08:30 UTC) facing resistance near USD 10,800. The main resistance for a sustained upward move is still near USD 11,000.
Also, most major...
Bitcoin and Altcoins Dip Remains Attractive To Buyers
14.9.2020
After a decent recovery wave, bitcoin price struggled to continue above USD 10,500. As a result, BTC corrected lower, but the bulls defended the USD 10,200 support. The price is currently (08:30 UTC) rising and it seems like the bulls might attempt another break above the USD 10,550 and USD 10,600...
Sushiswap’s 2 Million Token Airdrop: Founders Face Accusations of ‘Making Defi a Joke Again’
14.9.2020
Sushiswap’s new leader and FTX CEO Sam Bankman-Fried tweeted on September 12 that the promised 2 million token airdrop would go on as scheduled. The process was expected to last up to two hours or less depending on network congestion. The airdrop caps an eventful week for Sushiswap that...
The Tell Tale Signs of a Scam Crypto Website: Bitcoin-Up.Live
13.9.2020
From late March 2020, when the global pandemic Covid-19 paralysed many economies, the appeal of cryptocurrencies has grown. Several statistics show increased interest from downloaded wallet apps to peer-to-peer traded volumes. In many ways, this interest in bitcoin and altcoins is evidence that...
Tether Recovers $1 Million USDT Sent to Wrong Defi Address by Chinese Traders
13.9.2020
Tether has recovered and returned $1 million worth of USDT to a group of Chinese traders who, in error, sent the funds to a wrong decentralized finance (defi) address. On September 8, the group, going under the moniker ‘Bill,’ “accidentally” transferred the money to a Swerve...
Russian Troll Farms Start Using More Altcoins to Cover their Tracks
11.9.2020
As American intelligence and law enforcement agencies attempt to crack down on Russian so-called troll farms suspected of attempted electoral interference, farm operators are responding by moving towards the use of a broader variety of cryptoassets and “chain-hopping” techniques.
On September...
Bitcoin and Altcoins at a Potential Turning Point
11.9.2020
Bitcoin price failed to clear the USD 10,500 resistance and it retreated lower. BTC is currently (08:30 UTC) trading above the USD 10,200 support and it could bounce back in the near term. To start a convincing upward move, the price must gain bullish momentum above USD 10,500.
Similarly, most...
Defi Trader Pockets $250k From Bug Exploit, Hints at Possible Exit Scam by $SYFI Devs
10.9.2020
An anonymous Defi trader says he gained almost $250 000 after inadvertently exploiting a rebase bug embedded in the $SYFI Defi token. The trader, who insists he had no prior knowledge about the bug, got this reward after staking an initial investment of 0.5 ETH or about $175 at current prices. In...
Bitcoin and Altcoins Start To Show Signs of Fresh Increase
10.9.2020
Bitcoin price started a decent recovery wave above USD 10,250 and USD 10,300. However, BTC struggled to clear the USD 10,400 and USD 10,500 resistance levels. It is currently (08:30 UTC) trading near USD 10,250 and it might find bids near USD 10,150 in the short-term.
More importantly, a few major...
Bitcoin and Altcoins Bulls Defending Crucial Breakdown Supports
9.9.2020
Bitcoin price is trading in a crucial range below the USD 10,400 and USD 10,500 resistance levels. BTC bears made another attempt to clear the USD 10,000 support. However, the bulls defended losses below USD 10,000 and the price is currently (08:30 UTC) trading well above the USD 10,000...
Bitcoin Consolidates, Altcoins Show Mixed Results
8.9.2020
Bitcoin price retested the USD 10,000 support zone, but the bears failed to gain strength. BTC remained well bid above USD 10,000 and it is currently (08:30 UTC) moving higher. Having said that, the price must settle above USD 10,400 and USD 10,500 to start a steady recovery wave.
Similarly, most...