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Bitcoin And Altcoins Nosedive As Bears Take Over Crypto Market
25.6.2020
Yesterday, bitcoin price started a fresh decline below USD 9,550. BTC failed to stay above the USD 9,500 support and it declined more than 4%. It tested the USD 9,000 support and recently corrected above the USD 9,200 level. However, the previous support at USD 9,300 and USD 9,350 could prevent...
FTX Is Building Lots of Sophisticated Markets Few Traders Use
24.6.2020
FTX has launched eight unique index futures and volatility markets in less than 12 months. But few traders use these markets
Bitcoin And Altcoins Trim Gains, But Dips Likely To Remain Supported
24.6.2020
Yesterday, we saw a sharp increase in bitcoin price above the USD 9,550 resistance level. BTC traded close to USD 9,800 before starting a downside correction. The price traded below USD 9,600 and it might soon test the USD 9,500 region.
Similarly, most major altcoins trimmed gains and...
Bitcoin And Ether Rally, Other Altcoins Might Follow Soon
23.6.2020
In the past few hours, bitcoin price gained bullish momentum and rallied above the main USD 9,550 resistance level. It opened the doors for more gains and BTC traded close to USD 9,800. The price is currently correcting lower, but dips are likely to find a strong buying interest near USD 9,600...
Bitcoin and Altcoins Likely Basing for Next Move Higher
22.6.2020
This past week, bitcoin steadily declined after it was rejected near the USD 9,550 resistance. BTC broke the USD 9,400 and USD 9,300 levels. At the outset, the price seems to be forming a decent support base above USD 9,250 and it could make another attempt to clear the USD 9,550 resistance.
Most...
Bitcoin And Altcoins Start Fresh Decrease After Crucial Rejection
19.6.2020
Yesterday, bitcoin started a fresh decrease after it failed to climb above USD 9,500. BTC gained bearish momentum today and broke the USD 9,300 support level. It seems like the price is likely to continue lower towards the USD 9,050 and USD 9,000 support levels.
Similarly, most major altcoins...
Bitcoin And Altcoins Continue To Fail Near Major Hurdles
18.6.2020
Yesterday, bitcoin made another attempt to climb above the USD 9,550 resistance zone. However, BTC failed to continue higher and recently started a slow decrease. It is currently (08:30 UTC) trading well below USD 9,500 and it might continue to move down towards USD 9,300.
Similarly, most major...
Bitcoin Consolidates Below Key Resistance, Altcoins Show Positive Signs
17.6.2020
Yesterday, bitcoin price started a strong recovery above the USD 9,300 resistance. BTC even broke the USD 9,500 region, but it is struggling to gain strength above the USD 9,550 resistance zone. It is currently (08:30 UTC) consolidating gains and seems to be preparing for a bullish break above...
Bitcoin and Altcoins Recover Sharply, Trading Near Inflection Zone
16.6.2020
Yesterday, bitcoin price extended its decline below the USD 9,200 and USD 9,050 support levels. For a moment, BTC even spiked below USD 9,000, but the bears failed to gain strength. As a result, the price started recovering and it recently jumped more than 4% to test the USD 9,550 resistance...
Bitcoin and Altcoins Resume Downtrend, Bears In Driver’s Seat
15.6.2020
This past week, bitcoin failed to settle above the USD 10,000 resistance and started a sharp decline. BTC broke many important supports near USD 9,550 to enter a bearish zone. The price is currently (09:40 UTC) gaining bearish momentum and it might even break the USD 9,000 support.
Similarly, most...
Bitcoin and Altcoins Turn Red, Upsides Likely To Remain Capped
12.6.2020
After multiple failures to clear the USD 9,850 and USD 10,000 resistance levels, bitcoin price reacted to the downside. BTC broke many important supports near USD 9,550 and declined close to 7%. It tested the USD 9,050 support zone and currently (9:20 UTC) correcting higher.
Similarly, most major...
Speculation Rife as User Pays a Second $2.6 Million Fee in Ether Transaction
11.6.2020
History repeated itself on Thursday, after the Ethereum blockchain processed another transfer with fees of $2.6 million – the second such unusual, record-fee transaction in 24 hours. A user sent 350 ether (ETH), worth about $86,400 and paid 10,668 ETH, or $2.6 million, in transaction fees....
Altcoins Rally as Coinbase Explores More New Assets for Listing
11.6.2020
As Coinbase sticks to its promise to add more digital assets on its trading platform, several tokens saw a spike in their prices following an announcement that the exchange is “exploring the addition” of 18 new digital assets on its exchange.
In alphabetical order, the assets Coinbase said it...
Bitcoin and Altcoins Start Showing Signs of Fresh Rally
11.6.2020
After a brief consolidation phase, bitcoin price spiked higher above the USD 9,850 resistance. However, BTC failed to clear the USD 10,000 resistance zone and it is currently retreating lower. If there is a downside break below USD 9,800, the price could trim gains and revisit USD 9,550.
Similarly...
Nightmare Come True: User Pays $2.6 Million in Transaction Fees to Send $134 of Ether
10.6.2020
A record ethereum transaction fee has been paid today: $2.6 million to transfer $134. The user probably mixed up the fields on the value of the transfer and the fee, eventually paying 10,668 ETH in fees, or $2.6 million, on a transaction mined by Sparkpool. A nightmare come true, the customer sent...
Bitcoin and Altcoins Seem Resilient Ahead of the Next Move
10.6.2020
In the past few sessions, bitcoin price traded in a crucial range above the USD 9,550 support. BTC is facing a couple of important hurdles near USD 9,850 and USD 10,000, above which there are chances of an increase in the coming days.
Similarly, most major altcoins are consolidating above...
Not So Private: 99% of Zcash and Dash Transactions Traceable, Says Chainalysis
10.6.2020
Chainalysis says it can track 99% of transactions involving Zcash, and almost all of Dash’s – coins that both fancy themselves as private and untraceable. Now, that’s because the majority of users do not utilize the optional privacy-enhancing features available on the...
Bitcoin and Altcoins Looks Set For The Next Crucial Break
9.6.2020
In the past few days, bitcoin price struggled to gain traction above the USD 9,850 resistance. BTC is currently (08:30 UTC) trading above USD 9,650 and holding the key USD 9,550 support zone. It seems like the price looks set to make the next major move either above USD 10,000 or back towards...
Bitcoin and Altcoins Stuck Below Key Breakout Hurdles
8.6.2020
This past week, bitcoin corrected lower from the USD 10,400 resistance zone. BTC declined sharply below USD 10,000, but it found support near USD 9,300. It is currently (08:30 UTC) rising, but facing a major hurdle near the USD 9,850 and USD 10,000 resistance levels.
Similarly, most major altcoins...
Bitcoin and Altcoins Attempting to End The Week Higher
5.6.2020
After a close above the USD 9,550 resistance, bitcoin price made an attempt to clear the USD 9,850 resistance. However, BTC struggled to continue higher and it is currently (08:30 UTC) trading in a range above the USD 9,550 and USD 9,650 support levels.
Similarly, most major altcoins are currently...