Bitcoin has extremely strong price action over recent days. At the highs of the rally on Monday, the leading cryptocurrency traded as high as $11,500 on leading margin exchanges. There remain signs that BTC could undergo a strong retracement after surging as high as $11,500. This comes in spite of the fact that BTC is…
LEND, the native token of non-custodial lending platform Aave, fell almost 40 percent from its year-to-date top of $0.384. The plunge followed a steep 2,000 price rise that occurred amid a hype-oriented boom in the decentralized finance sector. Technical indicators, coupled with a rally in proof-of-work tokens, now suggest that the LEND downtrend may continue.…
Bitcoin price could hit $120,000 in the coming years, according to a chart with alleged links to Citibank. The unverified image, first shared by Altana Digital Currency’s CIO Alistair Milne, depicts Bitcoin in a 2.5 years-long bull run. It also highlights the cryptocurrency’s potential to breach above $19,500 by 2021. A Bitcoin chart with links…
In the past few minutes, Bitcoin has crossed above $10,000 once again after consolidating at $9,900 for multiple hours. While it isn’t yet clear if BTC has flipped $10,000 into support, a prominent stock/futures trader is expecting a bigger breakout in the weeks and months ahead. This analyst went as far as to say that…
XRP and the rest of the cryptocurrency market have been pumping over the weekend. However, Ripple’s recent, much-needed recovery may already be over, according to the asset perfecting a sell setup on daily timeframes. Will the sell signal result in a reversal back into a bear trend, or will any downside simply be a pullback…
Bitcoin is back. Over the past few minutes, the asset has rocketed higher past $10,000 for the first time in approximately six weeks. At the local highs, the asset reached $10,150 — and slightly higher on margin exchanges. BTC price chart from TradingView.com According to data shared by crypto derivatives tracker Skew.com, approximately $50 million…
Ethereum is ripping higher after having broken past the pivotal $250 resistance earlier this week. As of this article’s writing, the asset trades for a few dozen basis points shy of $320 — a price almost 30% higher than that of five days ago. ETH’s latest leg higher has brought it to a new year-to-date…
It’s been an impressive past few days for the Bitcoin market. The leading cryptocurrency started the week at around $9,200, but now BTC trades at $9,700 after managing to benefit from a rally in the price of Ethereum. With the recent price action, analysts argue that Bitcoin is primed to see an explosive move higher…
Bitcoin is finally moving higher after weeks of boring consolidation. In the past seven days, the asset has rallied around 4.5%. A small performance, sure, but one impressive when considering how stagnant large-cap cryptocurrency market has been over recent memory. From a macro perspective, this recent price action may not seem to be of much…
It’s been an explosive past week for Bitcoin. After flatlining around $9,200 for weeks, the leading cryptocurrency surged as high as $9,690 on top exchanges during Thursday’s trading session. The cryptocurrency has since been rejected at that high, falling to $9,550 as of this article’s writing. This correction has not been welcomed. But Bitcoin stands…