A few days after the price dip beneath $22,000, bitcoin has recovered most losses and even took another swing at $24,000 earlier today. Most altcoins have remained relatively steady, apart from XRP. The recently announced charges from the SEC have plummeted the token’s value.Bitcoin Eyes $24KBitcoin has been on a wild ride in the past several days. It began by painting a new all-time high of about $24,300, but the subsequent rejection drove the asset down by more than $2,000 in hours.BTC...
Read More »The Spotlight’s On Bitcoin, but Most Assets Are in the Green Right Now
Everyone sure keeps talking about bitcoin as of late. The currency has reached a new all-time high of roughly $23,000 per unit, and while the asset is doing extremely well, we cannot forget about the smaller altcoins that share the crypto limelight with bitcoin. We’re talking, of course, about currencies such as Ripple’s XRP and Ethereum.Bitcoin Is Doing Well, but So Is Everything ElseEthereum is the second-largest cryptocurrency by market cap and the number one competitor to bitcoin. At the...
Read More »Ethereum Preiskorrektur bevorstehend
Der ETH blieb im aktuellen Bullenmarkt hinter dem BTC weit zurück. Dies war aber weniger einer Ethereum-Schwäche geschuldet, sondern vielmehr dem großen Durchbruch des Bitcoin – der ETH performt immer noch gut und legte in dieser Woche ungefähr 5 Prozent zu. Allerdings droht nun eine kurzfristige Korrektur des Preises. Ethereum News: Ethereum Preiskorrektur bevorstehendWie stark diese Korrektur ausfallen könnte, hängt jedoch vor allem mit dem BTC zusammen. Die letzten Wochen haben wieder...
Read More »Cardano (ADA) Price Analysis: More Downsides Possible Unless It Breaks $0.16
ADA price started a decline increase after forming a top near the $0.1760 zone the against the US Dollar.The price is now trading below the $0.1600 level and the 55 simple moving average (4-hours).There was a break below a major bullish trend line with support near $0.1640 on the 4-hours chart (data feed via Kraken).The price could resume its decline unless there is a clear break above $0.1600 and $0.1620.Cardano price is back below the $0.1600 support against the US Dollar, similar to...
Read More »Ethereum Price Analysis: ETH Likely To Extend Losses Below $600
Ethereum price started a fresh decline from the $670 resistance zone against the US Dollar.ETH price is currently trading below the $628 support and the 55 simple moving average (4-hours).There was a break below a major contracting triangle with support near $627 on the 4-hours chart (data feed from Coinbase).The pair is consolidating losses above $600, but there are chances of more downsides in the near term.Ethereum price is slowly gaining bearish momentum below $628 against the US Dollar....
Read More »Market Watch: Bitcoin’s Recovery Fragile as $40 Billion Wiped Off Market in 24 Hours
Bitcoin’s rollercoaster continued in the past 24 hours with a massive $2,000 dump and the subsequent recovery attempt. Most altcoins are covered in red, and the market capitalization has lost $40 billion in a day.Bitcoin’s Wild Ride ContinuesAfter a relatively bullish weekend in which BTC gained some value, the primary cryptocurrency seemed primed for further increases. Initially, bitcoin indeed headed north, resulting in a fresh all-time high of $24,300 (on Bitstamp).However, the bears...
Read More »Bitcoin (BTC) Price Falls to $22K After Reaching ATH with 23% Surge
BTC recent reversal dragged most altcoins and the second most popular crypto Ethereum fell on Sunday as well.Bitcoin (BTC) price has surpassed expectancy over the last days. The price started to recover on Monday with a considerable rally setting a new all-time high at the end of the week — reaching a market cap as high as $24,273 on Sunday.Now the price is traded at the current level of $22,700, suggesting there’s still buying demand despite falling below 23K. Likewise, many investors feared...
Read More »Justin Sun’s Streaming Project DLive Protocol Announced an Upgraded Platform
During a recent live-streamed conference, Justin Sun’s TRON and BitTorrent announced the latest developments within the decentralized streaming platform DLive. They will allow users to employ peer-to-peer technology and become nodes in the growing network while lowering the costs.DLive Protocol’s Latest ImprovementsAccording to a press release shared with CryptoPotato, the leading peer-to-peer sharing technology project, BitTorrent hosted a 12-hour long conference viewed by over 125,000...
Read More »Bitcoin Price Plunges $1500 In Hours On Global Markets Pullback
Following last evening’s run-up to around $24,300, today the markets are deep in the red. Bitcoin dipped below $22,700, charting a decrease of about 3.5% on the day, while altcoins crash even harder.This downturn coincides with a market-wide pullback in traditional finance as major European indices tumble while US index futures are also down in the pre-market hours.Bitcoin Price Loses $1,400 in Hours, Market FollowsYesterday was a good day for Bitcoin as the price for the cryptocurrency...
Read More »Stellar Lumen (XLM) Price Signaling Next Crucial Break, $0.18 Holds Key
Stellar lumen price topped near $0.2080 and started a fresh decline against the US Dollar.XLM price is now testing the $0.1750 support and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.1750 on the 4-hours chart (data feed via Kraken).The pair could either rally above $0.1800 or it might dive further below $0.1750.Stellar lumen price is correcting gains from well above $0.2000 against the US Dollar, while bitcoin holding gains. XLM...
Read More »