Currently sitting at nearly 35k, Bitcoin’s price this week has been affected good and bad, by both news from China cracking down on the coin, and that El Salvador is giving each of it’s citizens $30 of BTC. But thankfully, market analysts are still exceedingly bullish on Bitcoin breaking $40K quite soon. This due to…
On Tuesday morning, Bitcoin once again dropped under $10,000 and Ethereum pushed lower. After a poor open in legacy markets, including gold, the leading cryptocurrencies were brought lower. Top decentralized finance (DeFi) coins based on Ethereum, though, have embarked on a healthy recovery. This comes after a brutal drawdown of 30-50% for most prominent altcoins,…
Bitcoin’s value has risen by 3 per cent over the last 24 hours, taking the cryptocurrency above $12,000 for the first time in over a year. The latest gains mean the price of bitcoin has nearly trebled since March, despite a global economic slowdown caused by the coronavirus pandemic. Other cryptocurrencies have mirrored bitcoin’s fortunes,…
Like Chainlink and other altcoins, Tezos (XTZ) has done extremely well over recent days despite the weekend’s flash crash. On Tuesday, the popular cryptocurrency was up more than 9% on the day at one point, holding above the critical $3.00 level. Analysts say that the asset is primed to head even higher in the days…
The price of bitcoin has shot up by more than 15 per cent in recent days, finally breaking above $10,000 after months of stagnation. The cryptocurrency briefly reached above $11,000 on Tuesday but has since dipped back down to around $10,800. Bitcoin’s price surge comes in tandem with gold, which hit a record high this…
The price of bitcoin has suddenly surged by more than $1,500, taking the cryptocurrency to its highest value since February. Bitcoin returned above $9,000 on Thursday morning, reaching as high as $9,400 before slipping to its current price of $9,200. The price rise comes less than two weeks ahead a rare event known as a…
From the peak in February, XRP has fallen off by just under 50%, crushed under the pressure of a bear market across many asset classes. But, according to a number of leading cryptocurrency analysts, the third-largest cryptocurrency by market capitalization is on the verge of mounting an impressive comeback.XRP Is Readying to RallyAnalyst LomahCrypto recently…
Over the past few days, the prices of crypto assets have slid lower after Bitcoin ended a strong multi-week rally at $7,470, since falling to $6,800 as of the time of this article’s writing. Bears, unfortunately, are expected to push this nascent market lower as a “strong sell signal” was just observed.Related Reading: Crypto Tidbits:…
If you’ve perused the “cryptocurrency” subreddit, you have likely heard the rumors that Ethereum is being used by Reddit — the giant social media forum with dozens of millions of users.This discussion began with a post from “MagoCrypto,” who on Wednesday posted a video showing that on his Reddit app on his Android (Samsung), there…
Bitcoin has experienced wild price swings in recent days as cryptocurrency markets respond to the global economic uncertainty sparked by the coronavirus epidemic. The cryptocurrency has swung between highs of $9,000 and lows of 4,000 since the start of March, representing the most severe price volatility since the market explosion and subsequent crash in late 2017.…