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Ethereum (ETH) Trading Sideways While Bitcoin Trimming Gains

Ethereum (ETH) Trading Sideways While Bitcoin Trimming Gains

Ethereum price is currently struggling to climb above $178 and $180 against the US Dollar. Bitcoin price is declining and it seems like it failed to stay above $8,220 and $8,200. There is a short term bullish trend line forming with support near $172 on the hourly chart of ETH/USD (data feed via Kraken). The…
Experts Target $0.33 for XRP In The Middle Of Widespread Crypto Market Rise

Experts Target $0.33 for XRP In The Middle Of Widespread Crypto Market Rise

XRP has been one of the big winners of Bitcoin’s recent bout of consolidation, as the cryptocurrency has been able to surge significantly over the past several days and weeks, putting some notable distance between its recently lows $0.24. Analysts are now noting that the cryptocurrency’s recent bullishness may be pointing to the possibility that…
Bitcoin Flashes Bullish Signals as Bulls Hold it Above Secret Technical Levels

Bitcoin Flashes Bullish Signals as Bulls Hold it Above Secret Technical Levels

After hovering around the $8,000 region for an extended period of time, Bitcoin has been able to garner some hints of bullishness as its buyers have pushed its price up over 3%. This latest surge further confirms the upper-$7,000 region as a strong level of support for BTC. Analysts are noting that today’s surge pushed…
Bitcoin Mining Transfer To Texas, Bitmain Reveals Partner for Enormous New Center

Bitcoin Mining Transfer To Texas, Bitmain Reveals Partner for Enormous New Center

The Bitcoin mining giant Bitmain has just announced that it will work with a Canadian startup to help create a facility with potentially 300MW of power in Texas. DMG Blockchain Solutions Inc. will be providing the Chinese firm with project management services. The news comes less than a week after a different startup announced its…
Bitcoin Does Not Have Instructions after Weekend Gains; Correction Incoming?

Bitcoin Does Not Have Instructions after Weekend Gains; Correction Incoming?

Bitcoin was trading in positive territory on Monday to uphold gains it made during this weekend. The benchmark cryptocurrency surged by 0.07 percent to trade near $8,230 as of 1140 UTC. At its session high, it was trading at $8,301.85, which was 4.37 percent higher than Friday’s closing point. The upside came as a part…