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XRP Token Plunges Nearly 40% Following the Announcement of SEC Charges Against Ripple
23.12.2020
Ripple’s XRP has lost almost 40% of its value after the token price dropped from $0.51 on December 21 to $0.31 at the time of writing. The token’s plunge appears to be the result of legal proceedings initiated against Ripple by the US Securities and Exchange Commission (SEC). At...
Bitcoin and Altcoins Swing While XRP Collapses
23.12.2020
Bitcoin price spiked below USD 23,000, but it managed to stay above USD 22,500. The price is currently (13:00 UTC) trading above USD 23,500, but it is struggling to gain momentum above the USD 23,880 resistance.
Similarly, most major altcoins struggled and saw swing moves, including ethereum,...
Bitcoin and Altcoins Recovery Stalls, XRP Crashes
23.12.2020
Bitcoin price settled above the USD 23,000 level and it even climbed above the USD 23,500 level. However, BTC is struggling to clear the USD 23,880 and USD 24,000 resistance levels. It is currently (05:00 UTC) trimming gains and it could even revisit the USD 23,000 level.
Similarly, most major...
Bitcoin and Altcoins Stage Strong Recovery, XRP Underperforms
22.12.2020
Bitcoin price extended its decline below the USD 23,000 support level. However, BTC remained stable near USD 22,500 and USD 22,400. The price started a fresh upward move and it is currently (13:00 UTC) trading above the USD 23,000 level.
Similarly, most major altcoins are recovering higher with...
Bitcoin and Altcoins Face Heat Amid Renewed COVID-19 Fear
22.12.2020
Bitcoin price started a fresh decline from well above USD 23,500. BTC seems to be facing an increase in selling pressure after renewed COVID-19 tension in the UK sent stocks lower also. The price tested the USD 21,800 support zone and it is currently (05:00 UTC) attempting to recover towards...
Volatility Hits Bitcoin and Altcoins
21.12.2020
Bitcoin price failed to clear the USD 24,000 resistance zone. BTC broke a couple of key supports near USD 23,000 and USD 22,500.
Similarly, most major altcoins are correcting gains and showing bearish signs, including ethereum, XRP, EOS, XLM, LINK, BNB, TRX, bitcoin cash, litecoin, and ADA....
Side-Chaining $3 Billion in Value: There’s More Than 141,000 Tokenized Bitcoins Issued on Ethereum
21.12.2020
According to onchain statistics, there is a colossal amount of bitcoin, approximately 141,231 bitcoins or $3.3 billion at the time of publication locked into Ethereum-based tokens. There are roughly seven different wrapped or synthetic bitcoin tokens but the Wrapped Bitcoin project has...
Bitcoin Now Retail Inflation Hedge, Experts Agree – and Altcoins May Follow Suit
18.12.2020
The most popular cryptocurrency, bitcoin (BTC) has become a mainstream hedge as a store of value – for a diversifying set of investors, experts have claimed, with altcoins also set for a retail boost further down the line.
A broadening tranche of analysts and industry insiders are adding their...
Bitcoin and Altcoins Start Consolidating
18.12.2020
In the past 2-3 sessions, there were mostly range moves in bitcoin price below USD 23,200. BTC remained well bid above the USD 22,500 and USD 22,200 support levels. The price is currently (05:00 UTC) consolidating, but it could start a fresh increase if it clears USD 23,200.
Similarly, most major...
Bitcoin and Altcoins Holding Gains, Litecoin Shines
18.12.2020
After a strong upward move, bitcoin price set a new all-time high near USD 23,700. Recently, BTC corrected lower and traded below the USD 23,000 level. The price is currently (05:00 UTC) consolidating gains and it could rise once again towards USD 23,500.
Similarly, most major altcoins corrected...
Litecoin, Dogecoin and large-cap altcoins rally as Bitcoin price hits $23.8K
17.12.2020
Bitcoin’s surge to $23,800 triggered strong rallies in large-cap altcoins like Litecoin and Dogecoin
Bitcoin and Altcoins Trend Turns Overwhelmingly Bullish
17.12.2020
There was upside continuation in bitcoin price above the USD 22,000 resistance level. BTC even broke the USD 23,000 resistance and traded to a new all-time high near USD 23,800. The price is currently (13:00 UTC) correcting gains below USD 23,200, but it could restart its rise in...
Bitcoin Just Shy of USD 20K, Altcoins Show Positive Signs
16.12.2020
After forming a support base above USD 19,000, bitcoin price started a fresh increase. BTC broke the USD 19,500 resistance and it even spiked above USD 19,800. The price traded to a new yearly high above USD 19,880 and it is currently (13:00 UTC) eyeing a break above USD 20,000.
Similarly, there...
Bitcoin and Altcoins Attempt Upside Break, XRP Dives 10%
16.12.2020
In the past few sessions, bitcoin price traded in a range below the main USD 19,500 resistance level. On the downside, BTC remained well bid near the USD 19,000 level. The price is currently (05:00 UTC) rising and it could make another attempt to gain bullish momentum above USD 19,500.
Similarly...
Bitcoin Holds Strong At USD 19,000, Altcoins Fluctuate
15.12.2020
After a minor decline, bitcoin price remained stable above the USD 19,000 level. BTC is slowly rising and it is currently (13:00 UTC) trading above the USD 19,200 level. The bulls need to gain strength above USD 19,400 and USD 19,500 to start a strong increase.
Besides, most major altcoins...
Bitcoin and Altcoins Struggle To Surpass Key Hurdles
15.12.2020
After a downside correction, bitcoin price started a fresh increase above USD 19,200 and climbed above the USD 19,400 resistance. However, there was a lack of momentum above the key USD 19,500 resistance, and the price is currently (05:00 UTC) correcting lower.
Similarly, most major altcoins...
Flash Loan Attack: Origin Protocol Unveils Compensation Plan that Excludes Founders
14.12.2020
The Origin Protocol team has unveiled a compensation plan for its depositors who were adversely affected by the flash loan attack in November. According to the team, there is now a plan to provide compensation equal to 100% of the value deposited to OUSD at the time of the exploit. Two Compensation...
Bitcoin and Altcoins Show Bearish Signs Again
14.12.2020
After a decent upward move, bitcoin price faced sellers near the USD 19,450 and USD 19,500 levels. BTC started a downside correction and traded below the USD 19,200 support. The price is currently (13:00 UTC) above USD 19,000, but there is a risk of more losses.
Similarly, most major altcoins...
Bitcoin and Altcoins Respond To Key Uptrend Resistance
14.12.2020
There was a sharp upward move in bitcoin price above the USD 18,500 and USD 19,000 resistance levels. BTC even broke the USD 19,200 resistance, but it struggled near the main USD 19,450 and USD 19,500 resistance levels. The price is currently (05:00 UTC) correcting lower, with supports near...
Bitcoin and Altcoins Might End Week In The Red Zone
11.12.2020
After a break below the USD 18,200 support, bitcoin price extended its decline below USD 17,800. The price is currently (13:00 UTC) trading below USD 18,000 and showing signs of more losses towards the USD 17,500 level.
Similarly, there are signs of more downsides in most major altcoins, including...