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Stablecoin Market Caps Swell Over $7 Billion – Volumes Surpass Most Trading Pairs
31.3.2020
While most digital assets have been suffering, stablecoins have been surging since the market downturn in mid-March and tether (USDT) is capturing more than 70% of BTC trades today. Besides tether, a wide range of other dollar-pegged cryptocurrencies have also benefited this month, as the market...
Cardano (ADA) Experiences Intraday Trend Reversal; Trades at $0.0294
30.3.2020
Cardano, at the time of writing this article, was trading at $0.029 after recording a 6% dip from the weekly high of $0.0315 ADA retains immediate support from the 50-day MA, while loses the long-term support from 200-day MA as it experienced an intraday correction The 20-day Bollinger Bands hold...
Verge Price Loses Stability; Trades a Little above Key Support Level
28.3.2020
XVG has recently formed a support level at $0.0023; quick short term recovery can be anticipated The coin has formed a bullish trendline overnight that has been breached with the plunge below $0.0023 Downside correction has again hit the Verge price after it remained firmly above $0.0024 for...
Bitcoin (BTC) Trades Above $6k Yet Draws a Complex Picture
25.3.2020
Bitcoin price has been trading above $6k for the 4th day straight and has even hit as high as $6.9k on Tuesday, March 24, 2020. However, the cumulative price trend of BTC shows a similar kind of bear market entry that happened in 2018, leading to unprecedented weekly highs and lows. On the other...
Cardano Turns Up to be an Intraday Gainer; Trades at $0.030
25.3.2020
Cardano marks a bullish crossover after gaining over 10% from trading around $0.0273 to currently hitting at $0.03049. On the daily chart, ADA coin price is attempting to move above 38.20% Fib as the global crypto market trades in green for the third day straight. Alongside, BTC has also gained...
Binance Coin Marks 18% Rebound in 24 Hours; Trades Above $12.5
24.3.2020
Binance Coin has taken an amazing intraday leap as it presently trades at $12.53, after striving around $10 and below it due to dearth of momentum The previous week has been quite a gainer for BNB coin investors after a week of price accumulation BNB price trend attempts to rise above 61.80%...
Hive Trades for 20% Premium Over Steem on Bittrex Crypto Exchange
23.3.2020
After securing at least four exchange listings within three days of forking, Hive is now trading for a 20% premium over Steem
Cardano (ADA) Trades Above Weekly Low Yet Faces Trend Aversion
23.3.2020
Cardano, at the time of penning down this analysis, was trading at $0.0273 after accumulating around the same price zone since the mid of the previous trading session ADA/USD had recorded a weekly high at $0.0341 just when the market ramped up, and Bitcoin had hit $6.9k The pair lacks to retain...
Bitcoin Impressively Trades Above $6.5k; Yet Faces a Notable Sell-Off
20.3.2020
Bitcoin breaks above the major resistance at $6,000 and has hit an intraday high at $6,990 after a week of a static bearish move. Previously, the coin had a despairing break below $4,000 when it recorded a fresh yearly low around $3,800. However, at the time of writing, BTC bulls are seen locking...
Bitcoin Cash Marks an Impressive Intraday Hike; Trades Above $240
20.3.2020
Bitcoin Cash shows an amazing trend reversal as the price rises above the yearly bottom of $143.2 and currently trades at $241.7, marking an intraday hike of 68.78% The market seems to reverse the weekly sluggish pullback as market ramps up BCH coin had lost over 70% when it nosedived from...
Dogecoin Appears Flat on Weekly Chart; Trades at $0.0016
19.3.2020
Dogecoin seems to be having a tough landing as it turns flat on the weekly chart and trades at $0.00165 DOGE/USD is streaming below 50-day and 200-day MA as it experienced a bottom a $0.00111 after 2017 As per the weekly chart, the coin is seen forming consistent higher lows and is ultimately...
CME Bitcoin Options Volume Hits Record Low, While Bakkt Goes Weeks With No Trades
19.3.2020
Demand for bitcoin options on regulated U.S. derivatives exchanges has dried up even as price volatility reaches record highs
Cardano Trades “Directionless” as it Turns Flat at $0.025
18.3.2020
Cardano (ADA), at the time of penning down this analysis was trading at $0.0253 after recording a bottom at $0.0174 amidst the choppy market The price of ADA is accumulating between $0.020 and $0.029 until there happens to be a directional trade The coin fails to retain support from the 200-day...
Monero Price Continues to Recover Today; Trades Above $35
17.3.2020
XMR saw a major price plunge yesterday, recovering now Monero price has traded above $35 today after it dipped below $32 yesterday The coin has rebounded by more than 23% overnight; however, market conditions deny any possibility of a bull-run Bollinger bands are also not showing any sign...
Crypto Analyst Accused of Photoshopping Trade Screenshots
16.3.2020
A Twitter sleuth claims to have unearthed evidence that the popular analyst has been significantly altering screenshots illustrating his trade performances
Monero (XMR) Trades at $50; Holds No Signs of a Quick Rebound
12.3.2020
At the time of penning down this analysis, Monero’s price was trading at $50.83. Important to note that the price of XMR coin has hit the support around $50 after 60 days of resistance beyond it. The current trading price of the currency is 47% lower than the 90-day high price marked at...
Blockchain.com Will Allow Retail Wallet Users to Borrow USD Stablecoins With Cryptocurrency
11.3.2020
The digital assets lending field seems to be heating up with Blockchain.com starting to offer lending directly to retail consumers globally. Borrowed USD stablecoins can be used by crypto traders to fund their next trades and thus increase the leverage of their holdings. Also Read: Blockchain.com...
CoinTracking.info Helps Crypto Traders Avoid Costly Tax Mistakes
10.3.2020
CoinTracking.info, the world’s most popular cryptocurrency tax software, is announcing the launch of a new service aimed at helping crypto traders avoid a common tax-time mistake: submitting incomplete or incorrect data to the IRS.
The post CoinTracking.info Helps Crypto Traders Avoid Costly...
XRP Trades Lower While Ripple CEO Slams Bitcoin and Ethereum
4.3.2020
XRP, the token associated with the California-based fintech firm Ripple, is down 1% today, while other major coins dropped 1%-4% today, despite good news from India.
At pixel time (13:00 UTC), XRP trades at c. USD 0.233 and is also down 4.9% in a week, increasing its monthly losses to 7.5%....
NEO Went Up by More than 5% Overnight; Trades Around $12
4.3.2020
NEO price has recorded an increase of 5.65% today; the coin was steadily surging since yesterday The coin has formed a minor price dip below $12 recently as part of a price pullback Yesterday’s bearish trendline has been breached while technical indicators are also in a positive zone NEO...