Bitcoin price is down over 2% and it faced another rejection below $11,000 against the US Dollar. BTC remains at a risk of more losses below $10,350 and $10,250. Bitcoin is failed again to clear the main $10,950 and $11,000 resistance levels. The price is down over 2%, and it is trading below the $10,700…
Crypto derivative platform BitMEX’s struggle with the American authorities took a toll on Bitcoin and Ethereum markets. The US Commodity Futures Trading Commission on Thursday filed criminal charges against the owners of BitMEX, accusing them of facilitating money laundering and other illegal financial transactions. The news prompted derivative traders to withdraw more than $25 million…
Ripple failed to clear the $0.2450 resistance and declined sharply against the US Dollar. XRP price is now trading below the $0.2380 support and remains at a risk of a drop to $0.2200. Ripple is down more than 4% and it failed to clear the main $0.2450 resistance against the US dollar. The price is…
Bitcoin plunged alongside the US stock futures in early morning trading on Friday after Donald Trump revealed that he and his wife Melania tested positive for coronavirus. Tonight, @FLOTUS and I tested positive for COVID-19. We will begin our quarantine and recovery process immediately. We will get through this TOGETHER! — Donald J. Trump (@realDonaldTrump)…
The total value locked away in DeFi applications has breached over $11 billion and is still climbing. This record inflow of decentralized finance capital could continue to propel Chainlink’s bullish momentum further. Here’s why this cryptocurrency central to DeFi data could surge higher alongside this rapidly skyrocketing statistic. DeFi Inflows Peak Over Record $11 Billion,…
Unsiwap’s governance token UNI has been attempting to form the lower-$4.00 region as a strong base of support throughout the past few days and weeks, with buyers and sellers largely reaching an impasse as it hovers just above this level. The cryptocurrency has taken a hit due to the recent Bitcoin selloff, which came about…
Chainlink’s recent price action closely resembles a sharp pullback in Ethereum in 2017 during the crypto market bull run. If the booming decentralized oracle token continues to follow the top altcoin’s previous trajectory, $75 per LINK token might be possible as its next major peak. Chainlink Price Action Matches Another Top Altcoin’s Crypto Bubble Momentum…
Bitcoin had a major macro candle close yesterday, posting both its monthly and quarterly candle. Although BTC saw little volatility heading into this close, the cryptocurrency was able to hold well-above $10,500 before and after it took place, which provided bulls with a serious boost. Overnight, the strength resulting from this close allowed Bitcoin to…
Ethereum is showing positive signs above the key $355 support against the US Dollar. ETH price could accelerate higher if it clears the $365 resistance zone. Ethereum is slowly rising and it is now trading well above the $355 support. The price is currently testing the $362 resistance and is above the 100 hourly simple…
Bitcoin price is showing early signs of a bullish break above $10,800 against the US Dollar. BTC could continue higher as long as it is above the 100 hourly SMA. Bitcoin is struggling to gain bullish momentum, but it slowly moved above the $10,800 resistance. The price is now above the 100 hourly simple moving…