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Ethereum DApps Saw 1.2 m New Users in 2019: It’s Significant For Long-Term Rate Pattern

Ethereum DApps Saw 1.2 m New Users in 2019: It’s Significant For Long-Term Rate...

Decentralized Applications (DApps) on the Ethereum network recorded over 1.2 million new users in 2019. Continuous growth of the ETH ecosystem is an essential fundamental factor for its long-term price trend.Report shows there is fast growth everywhere for EthereumThe main area of parabolic growth for Ethereum throughout the past year has been Decentralized Finance (DeFi).…
Are BitMEX Bitcoin Whales Beginning to Discard? One Trader Sells $10 m

Are BitMEX Bitcoin Whales Beginning to Discard? One Trader Sells $10 m

Whales on the world’s largest bitcoin margin trading platform BitMEX are selling large amounts of BTC. After the rejection at $9,200, investors are seemingly moving towards hedging their holdings to brace for a bigger pullback.According to a platform that reports unusually sizable sell orders on BitMEX, many whales sold millions of dollars worth bitcoin in…
Bitcoin Cost Will Not Decrease Silently: Threat of Bounce Grows

Bitcoin Cost Will Not Decrease Silently: Threat of Bounce Grows

Bitcoin is currently consolidating above the key $8,500 support area against the US Dollar. BTC price could start a fresh rally if it clears the $8,800 resistance area.Bitcoin price is confined in a range above the main $8,500 support against the US Dollar.The bulls are facing hurdles near the $8,760 and $8,800 resistance levels.There is…
Ripple (XRP) Simply Reversed and $0.25 Looms, Here’s Why

Ripple (XRP) Simply Reversed and $0.25 Looms, Here’s Why

Ripple tested the key $0.2240 support area and recovered against the US Dollar, similar to bitcoin. XRP price is showing positive signs and it could rally to $0.2550 if it breaks $0.2420.Ripple price is recovering nicely from the $0.2240 support area against the US dollar.A key inverse head and shoulders is likely forming with support…
Bitcoin Simply Closed Below This Secret Level and It Isn’t Helpful For Bulls

Bitcoin Simply Closed Below This Secret Level and It Isn’t Helpful For Bulls

Bitcoin has had a rocky past few days, surging to highs of $9,200 this past Saturday before meeting insurmountable resistance that has sparked a short-term downtrend. This downtrend has led BTC into the mid-$8,000 region, but the losses may not end here.One analyst is now noting that Bitcoin recently closed beneath a key technical resistance…