Cryptocurrency market is once again heading north as the US Dollar Index plummets. The US Dollar index lost 0.32% today and nears the lowest level of last year’s December 31.By the time writing of this article the US Dollar index is at 89.568. As markets opened on January 4, there was a huge sell-off at the cryptocurrency market mainly caused by the hike of the S&P Volatility Index, panic in the market caused a drastic drop in prices of some cryptocurrencies, yet most of altcoins such as...
Read More »Ethereum trotzt kleinem Markteinbruch
Der Markt gab gestern deutlich nach. Nicht nur Aktien verloren, sondern auch Bitcoin. Während der S&P500 ungefähr 100 Punkte einbüßte verlor der BTC in der Spitze etwa 20 Prozent. Davon unbeeindruckt stieg Ethereum weiter und nimmt nun sogar sein Allzeithoch in Angriff. Ethereum News: Ethereum trotzt kleinem MarkteinbruchSet dem Launch des ETH 2.0 geht es für Ethereum stetig aufwärts. Doch erst gestern folgte der große Durchbruch, als sich der ETH zwischenzeitlich vom Aktien- und dem...
Read More »Cardano (ADA) Price Analysis: Dips Likely To Be Limited Near $0.195
ADA price rallied above the $0.2000 and $0.2200 resistance levels against the US Dollar.The price is now correcting lower below $0.2100, but it is above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.1900 on the 4-hours chart (data feed via Kraken).The price is likely to remain well supported on the downside near the $0.1900 zone.Cardano price is slowly moving lower from well above $0.2200 against the US Dollar, similar to bitcoin. ADA...
Read More »Ethereum Price Analysis: ETH Surging, More Upsides Likely Above $1,100
Ethereum price started a strong surge above $850 and $1,000 against the US Dollar.ETH price is currently trading well above $1,000 and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $800 on the 4-hours chart (data feed from Coinbase).The pair is likely to continue higher towards $1,150 and $1,200 in the coming sessions.Ethereum price is up over 30% in a few days and it broke the $1,000 level against the US Dollar. ETH/USD is consolidating...
Read More »Bitcoin Tanks 15% a Day after Hitting All-Time High Above $34,000, Social Media Interest Surges
Bitcoin enters sharp correction after gaining more than 70% in a month’s time. The social media interest in Bitcoin has reached a new all-time high.Massive volatile and heavy selling sweeps Bitcoin (BTC) as the world’s largest cryptocurrency tanks 15% a day after hitting its all-time high of $34,000 on Sunday, January 3. At press time, Bitcoin is trading at $28,973 levels with its market cap dropping below $600 billion. All these Bitcoin movements have provoked a surge in social media...
Read More »Stellar Lumen (XLM) Price Gaining Bullish Momentum Towards $0.17
Stellar lumen price started a strong increase after forming support near $0.1220 against the US Dollar.XLM price is now trading above the $0.1400 resistance and the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $0.1320 on the 4-hours chart (data feed via Kraken).The pair is likely to continue higher towards the $0.1550 and $0.1700 resistance levels.Stellar lumen price is gaining bullish momentum above $0.1400 against the US Dollar,...
Read More »Ripple Price Analysis: Rally Looms If XRP Breaks $0.25
Ripple price declined heavily and recently started consolidating above $0.200 against the US dollar.The price is now facing hurdles near $0.2500 and the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $0.2500 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could start a strong increase if it clears the $0.2500 and $0.2650 resistance levels.Ripple price is showing bullish signs above $0.2200 against the US...
Read More »Daniel Gouldman: All Currency Will Be Digital in About Five Years
Daniel Gouldman – the CEO of Ternio – is convinced that in the immediate future, bitcoin and cryptocurrency will be adopted for mainstream use and that all currencies will be digital.Daniel Gouldman: We’d Better Get Used to Digital CurrencyIn a recent interview, he states:I would not be surprised if in five years, most money as we know it is basically cryptocurrency.He claims that bitcoin and cryptocurrencies are following the exact same path that the internet did in the mid-90s. He says that...
Read More »Ethereum-Preis knackt 900er-Marke
Bitcoin als Vorbild? Der Ethereum-Preis schnellt auf über 900 US-Dollar. Die Preise der Krytpowährungen korrelieren oft. Dh. die Preisentwicklung von Ethereum hängt oft mit der von Bitcoin zusammen. In der Vergangenheit stiegen oft die Kurse der bekanntesten sogenannten Altcoins wie Litecoin und Ethereum an, nur Minuten, Stunden oder Tage nachdem der Bitcoin-Kurs...
Read More »Ethereum Spikes 20% To Over $900: Altcoin Season Approaching?
The cryptocurrency market is on fire, there’s no doubt of it. Especially today, after ETH went on a rampage and charted two consecutive green hourly candles, gaining upwards of 10%, bringing its total gains for the past twelve hours alone to almost 20%.ETH Conquers $900 with Massive CandlesIt appears that ETH bulls are refusing to sit tight while Bitcoin charts new highs on a daily basis. Today, they made a statement with two massive hourly candles, bringing the price up to a high of $926 (on...
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