Bitcoin is firmly caught within the throes of an immense uptrend. This was clearly seen yesterday when the cryptocurrency rallied up to highs of $10,000 before facing a slight rejection that led it lower.This was a massive $1,000 movement that marked a significant extension of the momentum that was first incurred when the crypto rebounded…
Ethereum has seen a slight climb higher that has allowed it to surmount the $200 region. This momentum has been primarily rooted in that seen by Bitcoin, which tapped $10,000 overnight before seeing a slight decline that led it to $9,600.Although ETH has underperformed Bitcoin today, it is important to note that its climb above…
Things ramped up a gear today as Bitcoin derivatives platform, Deribit announced full integration of the ClearLoop custody and settlement solution for institutions.ClearLoop is the brainchild of London-based Copper, headed by CEO, Dmitry Tokarev, who commented:“ClearLoop, the fruit of this collaboration, allows investors to settle trades instantly, keeps their assets secure and insured in third-party…
The cryptocurrency known as Stellar has been a relatively poor performer over the last several years, however, throughout 2020 the once-booming altcoin has been showing signs of a strong recovery.Now, the asset has printed a TD9 on daily price charts, following an over 10% intraday rally. Is this a sign that an altcoin season may…
During last year’s early 2019 parabolic impulse in Bitcoin, the safe haven narrative began to pick up steam, and the asset began to be taken more seriously. At that time, CNBC Squawk Box host Joe Kernan emerged as a champion of the cryptocurrency.Now, all this time later, he’s revealed that he has disclosed on air…
Ethereum’s price has been hovering around the lower $190 region in the time following its latest selloff that sent it to lows of $180.The second-largest cryptocurrency by market cap has been severely underperforming Bitcoin in recent times and has virtually erased all of the gains that came about as the result of its recent push…
At present, fintech firm Ripple is already subject to several lawsuits that allege it broke SEC rules by selling unregistered securities with sales of the XRP crypto token.But in a further blow, attorneys for a company called Bitcoin Manipulation Abatement LLC filed a fresh lawsuit with the US Federal District Court on May, 1st 2020.Consequently,…
American banking giant JP Morgan Chase has accepted two clients involved in the emerging bitcoin sector.U.S. cryptocurrency exchanges Coinbase and Gemini received account approvals after a long wait, according to the Wall Street Journal.The news came just less than 24 hours after Bitcoin underwent a massively hyped “halving” upgrade.JP Morgan Chase will offer its banking…
Tomorrow’s halving helped Bitcoin price make another strong push to $10,000, but the first-ever cryptocurrency failed to breach the key level.However, according to the structure of a massive rising wedge, there may be yet another wave up to nearly $11,000 before a correction and pullback ensue.Started From the Bottom: Bitcoin Forms Rising Wedge After Bounce…
XRP, the native cryptocurrency to the Ripple protocol, has struggled throughout the bear market. The number three crypto by market cap has lagged behind most other altcoins in recovering from the most extreme lows.That all soon could change, after last night’s weekly close may have confirmed downtrend resistance as support. It also may confirm a…