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Bitcoin and Altcoins Start Fresh Increase, Ethereum Outperforms
31.7.2020
Bitcoin price remained stable above the USD 10,800 support and recently started a steady rise. BTC surpassed the USD 11,050 level and it is currently (08:30 UTC) trading near USD 11,100. The main hurdle on the upside is still USD 11,250, above which the bulls might aim at a new multi-week high...
Tether Prints $300 Million, While XRP Reclaims Third Spot
30.7.2020
Tether Ltd printed a total of USDT 300 million Wednesday and this brought the total coins created to 540 million in the last three days alone. The latest USDT printing will see the top stablecoin’s market capitalization significantly passing the $10 billion mark. Responding to a whale alert...
Bitcoin and Altcoins Consolidate Above Key Uptrend Supports
30.7.2020
Bitcoin price remained below the USD 11,250 and USD 11,400 resistance levels. BTC is currently (08:30 UTC) correcting lower and it is struggling to stay above USD 11,000. It seems like the price might continue to move down and it could even retest the USD 10,550 support zone.
Similarly, most major...
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,...
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...
Bitcoin and Ethereum Rally, Major Altcoins Consolidate
27.7.2020
In the past 2-3 days, bitcoin price started a strong increase above USD 9,500. BTC gained more than 5% and broke a few key hurdles near USD 9,800 and USD 10,000. It even spiked above USD 10,200 and currently consolidating gains well above USD 10,000.
Similarly, ethereum surged and broke many...
Bitcoin Price Soars on Strong Weekly Close Putting $10.5K Within Reach
27.7.2020
Bitcoin bulls target $10,500 after BTC managed a strong weekly close and rallied to $10,315
Veteran Analyst Peter Brandt Scorns ‘XRP’s Bag Holder,’ Compares Ripple to the Fed
24.7.2020
Veteran trader Peter Brandt knocked the digital currency XRP on Thursday and compared the crypto token company Ripple to the U.S. Federal Reserve. Brandt said he believes the company behind the coin will double the token supply, and he doesn’t understand why “otherwise smart...
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...
NBA Point Guard Spencer Dinwiddie’s Tokenized Contract Raises $1.3 Million
24.7.2020
NBA player Spencer Dinwiddie has finished the token sale of his contract that is hosted on the Ethereum blockchain. The sale of Dinwiddie’s tokenized contract raised $1.3 million which was only a tenth of what the project hoped to sell ($13.5 million). Even though the Brooklyn Nets guard...
Crypto Race Heats Up: Bitcoin’s Dominance Ratio Drops to Lowest Level in 12 Months
24.7.2020
The largest digital asset by market capitalization, bitcoin has lost a significant share of market dominance during the last few weeks. Bitcoin’s dominance ratio dropped to 61.5% on Thursday, after hovering around 66% for months on end. The last time the crypto asset’s dominance level...
Bitcoin and Altcoins Soar Past Crucial Hurdles
23.7.2020
Bitcoin price started a steady increase yesterday above the USD 9,300 resistance. BTC extended its rally above the USD 9,400 and USD 9,500 resistance levels. BTC even spiked above USD 9,500 and it is currently (08:30 UTC) consolidating gains near USD 9,500.
Most major altcoins also gained bullish...
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...
Y Curve Interest Rates Reach 2,000%, Assets Under Management Grows Tenfold After Token Launch
21.7.2020
Depositors to the Y Curve decentralized finance (defi) pool received as much as 2,000% in interest this Saturday and about 600% (annualized) for the entire day. Before this increase, liquidity providers had been earning an aggregate rate of 10.58%. The latest interest rate growth follows Yearn...
Bitcoin Climbs Above USD 9,300, Altcoins Gaining Bullish Momentum
21.7.2020
Bitcoin price remained well bid above the USD 9,050 and USD 9,000. BTC formed a strong support base above USD 9,000 and it recently started a steady rise. It broke the USD 9,200 pivot level and it is currently (08:30 UTC) trading above the main USD 9,300 resistance zone.
Similarly, most major...
Bitcoin and Major Altcoins Showing Signs Of an Upside Break
20.7.2020
This past week, bitcoin price extended its decline below the USD 9,300 and USD 9,200 support levels. However, BTC managed to stay above the USD 9,000 support and it is currently (08:30 UTC) showing signs of a possible fresh increase towards USD 9,500 in the coming sessions.
Similarly, most major...
Market Wrap: Derivatives, Altcoins Take Market Spotlight as Bitcoin Dozes at $9,100
17.7.2020
Derivatives and altcoins are providing excitement as bitcoin spot trading stays dull
Bitcoin and Altcoins Signaling Bearishness Below Key Supports
17.7.2020
Bitcoin price started following a bearish path after it failed to clear the USD 9,300 resistance. BTC declined below the USD 9,150 support level and it even dived below USD 9,050. The price found support close to USD 9,000 and it is currently (08:30 UTC) correcting higher.
Similarly, there were...
Bitcoin and Altcoins Showing Signs of Increase in Selling Pressure
16.7.2020
Bitcoin price failed to remain stable above USD 9,200 and it is currently (08:30 UTC) down 1%. BTC is trading below USD 9,150 and it seems like the bulls are losing control. The main support is near USD 9,050 and USD 9,000, below which the price could start a new bearish wave.
Similarly, most major...
With Bitcoin Stuck in the Doldrums, Altcoins Continue to Rally
15.7.2020
Altcoins like Chainlink's LINK token continue to outshine bitcoin, which is still consolidating above $9,000