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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...
Bitcoin and Altcoins Showing Positive Signs
4.6.2020
In the past two sessions, there was a decent recovery wave in bitcoin above the USD 9,400 and USD 9,550 levels. BTC is trading above the USD 9,600 level (08:30 UTC), but it must clear the USD 9,850 resistance zone for a sustained upward move above the USD 10,000 level.
Similarly, most major...
Bitcoin and Altcoins Consolidating Losses, Upsides Could Be Capped
3.6.2020
Yesterday, we saw a strong increase in bitcoin price above the USD 9,950 and USD 10,000 resistance levels. BTC even climbed above the USD 10,200 level, but it struggled to continue above USD 10,400. Also yesterday, there was a sharp decline below USD 10,000 and the price tested the USD 9,300...
Bitcoin Settles Above USD 10,000, Altcoins Could Extend Rally
2.6.2020
In the past two days, there was a steady rise in bitcoin price above the USD 9,500 resistance. The recent surge was such that BTC was able to clear the main USD 9,950 and USD 10,000 resistance levels. It tested the USD 10,350 resistance zone and currently (08:40 UTC) consolidating above...
Bitcoin and Altcoins Signaling Bullish Continuation
1.6.2020
This past week, bitcoin gained traction above the USD 9,000 and USD 9,200 levels. BTC even broke the USD 9,550 resistance zone, but it struggled to surpass the USD 9,800 barrier. It is currently (08:30 UTC) consolidating gains and it might attempt to clear the USD 9,800 and USD 10,000 resistance...
Bitcoin and Altcoins Trend Turns Bullish
29.5.2020
In the past two sessions, there was a strong rise in bitcoin price above the USD 9,200 and USD 9,300 levels. BTC even broke the USD 9,500 resistance and it might continue higher towards the USD 9,800 and USD 9,950 levels in the near term.
Similarly, there was a steady rise in most major altcoins...
Bitcoin and Altcoins Trading Near Make-or-Break Levels
28.5.2020
After a couple of failed attempts, bitcoin price was able to clear the USD 9,050 resistance level. BTC even recovered above the USD 9,200 resistance, but it struggled to continue higher. It is currently (08:30 UTC) correcting lower and it might find support near USD 9,050 or USD 9,000.
Similarly...
Bitcoin and Altcoins Struggle To Gain Bullish Momentum
27.5.2020
After a short-term upside correction, bitcoin price resumed its decline towards the USD 8,800 level. BTC is currently (08:30 UTC) trading in a broad range and it seems to be struggling to clear the USD 9,050 and USD 9,200 resistance levels.
Looking at most major altcoins, there were mostly range...
Binance Futures Traders Long BTC and Altcoins, Even as Bitcoin Price Falls
26.5.2020
Despite Bitcoin’s bearish price action, top traders on Binance Futures are aggressively longing cryptocurrencies, including Bitcoin and Ethereum
Despite Trust Model Debates, Ethereum Is Bitcoin’s Largest Sidechain by Total Value Locked
26.5.2020
The Ethereum network now has more bitcoin held in reserves than the Lightning Network, according to onchain statistics. At the time of publication, Wrapped Bitcoin (WBTC) has close to 4,000 BTC ($34.7M) held in reserves, while the Lightning Network has only 925 BTC ($8.3M). Wrapped Bitcoin...
Bitcoin Starts Upside Correction, Altcoins Trade Sideways
26.5.2020
After a sharp downside correction, bitcoin price found support near the USD 8,650 level. BTC started an upside correction and it is now (08:30 UTC) trading near the USD 9,000 level. To continue higher, it must clear the USD 9,050 and USD 9,200 resistance levels.
On the other hand, most major...
Bitcoin Bears Gain Control, Altcoins Holding Key Supports
25.5.2020
This past week, bitcoin failed to gain momentum above the USD 9,900 and USD 10,000 levels. As a result, there was a fresh bearish wave below the USD 9,550 support. BTC broke many supports near USD 9,200 and recently settled below the USD 9,000 support.
Similarly, there were bearish moves in many...
Bitcoin and Altcoins Recovery Could Be Short-Lived
22.5.2020
Yesterday, we saw a strong bearish wave below the USD 9,550 support zone. It opened the doors for more losses and BTC price traded below the USD 9,200 support. The price tested the USD 8,800 support and it is currently (08:30 UTC) correcting higher above USD 9,000.
Similarly, most major altcoins...