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Telegram Forces US Investors to Take 72% Refund and Exit Gram Token Project
5.5.2020
Telegram is now forcing U.S investors to immediately exit its TON blockchain project by accepting a 72% refund on their original investment. The encrypted messaging platform’s unexpected volte-face also disqualifies American investors from the loan option, which promised a 110% refund either...
Bitcoin and Altcoins Signaling Possible Fresh Increase
5.5.2020
Recently, bitcoin price corrected lower below the USD 9,000 level. BTC/USD tested the USD 8,550 support zone and it is now (08:30 UTC) recovering higher. There was a break above the USD 8,850 resistance and it seems like the price might gain momentum above USD 9,000.
Similarly, there was a decent...
Bitcoin And Altcoins In Corrective Decrease: Key Supports To Watch
4.5.2020
This past week, we saw a strong upward move in bitcoin price above the USD 8,850 resistance area. BTC/USD even surpassed the USD 9,200 resistance and traded close to USD 9,500. Recently, it started a downside correction below USD 9,000 and it could correct further towards USD 8,550 or...
Bull Flag Breakout Brings Bitcoin Price to $9,200 — Altcoins Follow Suit
3.5.2020
Bitcoin bulls recaptured the $9K mark for the second time in 24-hours and this time it looks like traders are targeting the $9.4-$9.6K zone
Bitcoin and Altcoins Correct But Uptrend Looks Intact
1.5.2020
Yesterday, there was a significant rally in bitcoin above USD 8,500 and USD 9,000. BTC/USD surged around 20% and tested the USD 9,500 zone before starting a downside correction. It declined below USD 9,000 and currently (08:30 UTC) consolidating above USD 8,550 (the previous...
Bitcoin And Altcoins Correcting Strong Gains
30.4.2020
In the past two days, there were strong bullish moves in bitcoin above USD 7,550. BTC/USD surged around 20% and surpassed many key hurdles such as USD 8,000, USD 8,500, and USD 9,000. It traded to a new monthly high close to USD 9,500 and it is currently correcting gains.
Similarly, there was...
Bitcoin Inches Towards USD 8K, Altcoins Target Additional Gains
29.4.2020
After a long struggle, bitcoin price was able to break the USD 7,800 and USD 7,850 resistance levels. BTC/USD is currently (08:30 UTC) gaining bullish momentum and it might to continue higher above USD 8,000 and USD 8,050. The next major resistance is near USD 8,320 and USD 8,400.
Also, there were...
Bitcoin And Altcoins Continue To Probe Key Hurdles
28.4.2020
In the past few sessions, bitcoin price struggled to surpass the USD 7,850 and USD 8,000 resistance levels. BTC/USD is currently (08:00 UTC) consolidating above USD 7,650 and likely preparing for the next key break. It could either rally above USD 7,850 or start a substantial decline towards...
Grayscale Buys 50% of All Ethereum Mined in 2020
28.4.2020
Digital asset manager Grayscale Investments bought about 50% of all newly mined ethereum so far this year. It now holds the equivalent of 1.1% of ETH in circulation, according to a post on Reddit. Grayscale operates 10 cryptocurrency investment products focused on institutional investors. As...
Bitcoin, Altcoins Facing Hurdles On The Way Up
27.4.2020
This past week, there was a decent upward move in bitcoin price above the USD 7,200 resistance area. BTC/USD even surpassed the USD 7,550 resistance to move into a positive zone. The price is now (08:00 UTC) facing hurdles near USD 7,850 and USD 8,000, and it is likely preparing for the next...
How Trading Bots Can Pump Altcoins
24.4.2020
Have you ever wondered why “vaporware” coins that have little to offer are still trading among the top digital assets with millions in daily trading volumes and asset prices that just seem off? Well, there are several reasons for that and trading bots are likely one of them.
In this article,...
Bitcoin And Altcoins Consolidate Post-Rally Gains
24.4.2020
Yesterday, we discussed the chances of a fresh monthly high in bitcoin price above the USD 7,200 resistance. BTC/USD did gain bullish momentum above the USD 7,200 and USD 7,450 resistance levels. It traded to a new monthly high close to USD 7,750 and it is currently (08:30 UTC) consolidating...
Bitcoin And Altcoins Target Fresh Monthly Highs
23.4.2020
Yesterday, we discussed the chances of a decent upward move in bitcoin price above the USD 7,000 resistance. BTC/USD did rise above the USD 7,000 and USD 7,050 resistance levels. It tested the USD 7,200 resistance and is currently (08:30 UTC) consolidating gains with minor corrective...
Bitcoin And Altcoins Positioning To Resume Uptrend
22.4.2020
After a short term downside correction, bitcoin price found support above USD 6,750. Recently, BTC/USD consolidated in a range above USD 6,800 and it seems like the bulls are now preparing for an upward move towards the USD 7,050 and USD 7,200 resistance levels.
Similarly, there are positive signs...
Zcash Foundation Cuts Q1 Spending 17% to $2.7 Million – ZEC Tanks 9% in 24 Hours
21.4.2020
The Zcash Foundation cut spending by 17% during the first three months of this year due to Covid-19 pressures. In its first-quarter report, the foundation said it spent only $2.68 million from an initial budget of $3.24 million. The report says: Our budget reduction primarily stems from cancelling...
Bitcoin And Altcoins Flirt With Key Supports Amid Sell-off
21.4.2020
After struggling to surpass the USD 7,200 resistance, bitcoin price started a downside correction. BTC/USD broke the USD 7,000 support and it is currently struggling to stay above USD 6,850. Any further losses may perhaps push the price towards the key USD 6,550 support zone.
Similarly, there was...
Bitcoin And Altcoins Remain in a Positive Zone
20.4.2020
This past week, there was a steady increase in bitcoin price above the USD 6,850 resistance area. BTC/USD even surpassed the USD 7,000 level, but it struggled to accelerate above the USD 7,200 resistance area. It is currently (08:30 UTC) consolidating gains and likely preparing for a fresh increase...
Bitcoin And Altcoins Consolidating Gains Above Key Supports
17.4.2020
Yesterday, we saw a sharp rise in bitcoin price above the main USD 6,850 resistance. BTC/USD even surged above the USD 7,000 barrier, but it struggled to surpass the USD 7,200 resistance. It is currently (08:30 UTC) consolidating gains above the USD 7,000 and USD 6,850 support levels.
Also, there...
Bitcoin And Altcoins Rally, Ethereum Outperforms Major Coins
16.4.2020
Recently, bitcoin price extended its decline below the USD 6,550 support area. However, losses were limited and BTC/USD bounced back sharply after tagging the USD 6,500 area. It is now trading above USD 6,850 and attempting another upside break above the USD 7,200 resistance.
Similarly, most major...
Bitcoin And Altcoins Trading Near Make-or-Break Levels
15.4.2020
In the past few hours, bitcoin price traded with a bullish angle above USD 6,700. BTC/USD managed to climb above the USD 6,850 resistance area, but it is still below the USD 7,000 and USD 7,200 resistance levels. Moving forward, it could either surge above USD 7,200 or start a fresh decline towards...