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Time To Be Mindful: Why Traders Beware On Bitcoin Today

Time To Be Mindful: Why Traders Beware On Bitcoin Today

Bitcoin price is back above $50,000 after a short-lived correction in the range below the key level. However, since the cryptocurrency has reclaimed the halfway point to $100K, open interest has skyrocketed. The sudden sharp increase in open interest has traders cautious currently. Here’s a closer look at why that’s the case and what could…
Bridge Oracle Quickly to Release Mainnet

Bridge Oracle Quickly to Release Mainnet

Bridge Oracle will soon be launching services on its mainnet that will permit users to implement real-world DApps on the Tron network with the help of Bridge Oracle. Bridge Oracle is pleased to announce the upcoming launch of its mainnet services. The mainnet will enable users to deploy real-world connected decentralized applications using Bridge Oracle…
TA: Ethereum Does Not Have Momentum Above $1,550, Why Dips Likely To Be Restricted

TA: Ethereum Does Not Have Momentum Above $1,550, Why Dips Likely To Be Restricted

Ethereum struggled to clear the $1,600 resistance and corrected lower against the US Dollar. ETH price is likely to remain stable above $1,450 and it could again climb towards $1,600. Ethereum corrected lower from $1,600 and tested the $1,450 support zone. The price is now trading just above $1,500 and the 100 hourly simple moving…
Bitcoin Rate Outlook: Executive Sees BTC/USD At $60,000

Bitcoin Rate Outlook: Executive Sees BTC/USD At $60,000

Key Bitcoin Takeaways Bitcoin prices jumps back above $52,000 and pushes higher. The gains appear as bond sell-off cools down after a week of turbulence. Greg Waisman, the co-founder of crypto wallet service Mercuryo, suggests BTC/USD could hit $60,000 in the coming sessions. Bitcoin prices rose Wednesday, breaking above $52,000 for the first time in…
Ethereum Turns Strong Resistance Levels as Cost Eyes $2,000- Retest

Ethereum Turns Strong Resistance Levels as Cost Eyes $2,000- Retest

Key Ethereum Takeaways Ethereum (ETH/USD) looks poised to pursue a bull run towards $2,000 after flipping key resistance levels into interim supports. More tailwinds come from Citi and Goldman Sachs’s latest endorsements for the cryptocurrency sector. Volatility in the US government bond market continues to pose risks to rally. Ethereum prices surged on Wednesday, turning…