After reaching a new two-week high of over $58,500, bitcoin has retraced slightly and currently trades around $57,000. Most altcoins have also marked minor losses on a 24-hour scale. Ethereum is among the few exceptions as ETH is closing down to $3,000. Bitcoin Stalls Around $57K As CryptoPotato reported yesterday, the primary cryptocurrency finally produced more decisive moves upwards. After trading in a range of around $54,000, bitcoin initiated an impressive leg up that...
Read More »Green May: Bitcoin Soars Above $58K, ETH & BNB New ATHs
Following several days of consolidation around and beneath $55,000, bitcoin finally made a move and jumped above $58,000. Despite new records for Ethereum and Binance Coin, BTC actually managed to reclaim some of its recently lost market dominance. Bitcoin Adds $6K in Two Days While the altcoin market was producing impressive price pumps lately, bitcoin seemed stalled at best. The primary cryptocurrency had recovered from its April slumps that drove it below $50,000 but had...
Read More »Dogecoin: People Differ on What Route It Will Take
Dogecoin has been all the rage as of late. While bitcoin has been sinking into oblivion, Dogecoin keeps getting attention and has recently hit a new all-time high. However, when something comes up, it usually winds up having to come down at some point, so when will that occur for what is now considered the fourth-largest cryptocurrency by market cap? Dogecoin Has Caused Quite a Stir Two young people have recently shared their thoughts about where the currency will go...
Read More »The Crypto Weekly Recap: ETH Eyes $3000, Bitcoin Dominance at 33-Month Low
The past week has been overall very favorable for the cryptocurrency market. The total capitalization grew to $2.15 trillion, which is a 17% increase. Most of it came from altcoins, however. At the time of this writing, bitcoin’s price trades at around $56,000 following a quick spike. It’s up 9% on the week and managed to recover some of the losses of the previous seven days. In general, the overall trajectory for BTC has been quite positive. It started the week at slightly...
Read More »Crypto Price Analysis & Overview April 30th: Bitcoin, Ethereum, Ripple, Binance Coin, and Cardano
The crypto market recovered this week, but bitcoin seems unable to catch up with the momentum that alts are currently getting. This is perfectly visible in the below chart, showing that large-cap altcoins outperformed it, dollar-wise, substantially. Bitcoin Bitcoin saw a small 5.4% price hike over the past seven days as it currently sits around $54,300. It found support at $47,000 (.5 Fib) on Sunday and rebounded from there to close the daily candle around $49,000. On...
Read More »Bitcoin Cash Analysis: Bulls Could Gain Strength Above $900
Bitcoin cash price remained supported near $720 and started a fresh increase against the US Dollar. The price is now trading above the $850 support level and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $850 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is likely to accelerate higher above the $900 and $920 resistance levels in the near term. Bitcoin cash price is showing...
Read More »Glauber Contessoto Turned $180K into $1 Million Thanks to Dogecoin
While bitcoin is sinking into oblivion as of late (the world’s number one digital currency by market cap fell from around $64,000 two weeks ago to roughly $49,000 at the time of writing), it looks like Dogecoin continues to spike like there is no tomorrow, and many of its investors are raking in some serious profits. One is Glauber Contessoto, who recently became a Dogecoin millionaire. Contessoto Made a Valid Investment Decision Contessoto first began investing in the...
Read More »Ethereum erreicht neues Allzeithoch
Der Markt hat sich in den letzten Tagen wieder gefangen. Doch während Bitcoin seinem Rekordhoch hinterherhinkt, konnte Ethereum eine neue Bestmarke spielend erreichen. Der Kurs liegt aktuell bei über 2.750 US-Dollar, wodurch das alte Allzeithoch nochmals um 10 Prozent überboten wurde. Ethereum News: Ethereum erreicht neues AllzeithochDie Marktkapitalisierung für den ETH erreichte damit einen Wert von mehr als 318 Milliarden US-Dollar, wodurch der ETH auf Platz 32 der wertvollsten Assets...
Read More »EOS Price Analysis: Fresh Rally Likely Above $6.00
EOS tested the $4.50 and $4.60 support levels against the US Dollar. The price is currently trading well above the $5.50 zone and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $5.80 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could start a strong increase if there is a clear break above the $6.00 and $6.10 resistance levels. EOS price is signaling a positive move above $5.50...
Read More »Litecoin (LTC) Price Analysis: Upside Break Above $265 Seems Likely
Litecoin price is showing positive above the $210 support level against the US Dollar. LTC price is now trading well above the $240 level and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $250 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to continue higher if there is a clear break above $265. Litecoin price is showing bullish signs above $240 against the US Dollar,...
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