Despite its short-term volatility Bitcoin has demonstrated a long-term bullish trend. As of early January 2021, if you had bought Bitcoin at any point in the years prior and held until today, you would now be in profit.Bitcoin (BTC) has been breaking records lately, after achieving its highest ever value, and entering into what many experts believe will be a significant bull run. But as early adopters of the technology, new users can sometimes be faced with an overload of information –...
Read More »Crypto Market Cap Tops $1 Trillion as Bitcoin Hits $38,000
Having hit a new all-time high of $38,280, Bitcoin is now trading at around $37,950 showing a growth of more than 8% in the past 24 hours.The global cryptocurrency (crypto) industry has hit a new milestone in its market cap following the impressive rallies of the coins that make up the market. According to data from CoinMarketCap, the total value of the crypto market is now $1,032, 283014,172 and masked by such volatility that can send the value higher in a very short while.Crossing the $1...
Read More »Altcoins to Watch: AAVE, XLM, BCH
The cryptocurrency market is still northbound as Bitcoin sets new ATH every other week.The year has started with new records, the total cryptocurrency market cap exceeded $1 trillion, with only 67.7% of the cap covered by Bitcoin. As Bitcoin dominance drops, yet the market cap increases, the so-called “altcoin-season” should be expected.For that being said, let’s take a look at some altcoins that are worth following these days.AavePhoto: Aave chart on TradingView.AAVE/USDT is following an...
Read More »Bitcoin Price Analysis: Bitcoin Sets ATH Above $38K, But Some Worrying Signs Pop On The Weekly Chart
Bitcoin saw another 7% price increase today, sending the primary cryptocurrency to a fresh ATH above $38K. One can barely believe the fact that only three days ago, on Monday, Bitcoin recorded a daily low below $28K. And now, as of writing these lines, it gained roughly $10K. The latter was the value of Bitcoin before the current parabolic run that started in the middle of October 2020.On the smaller timeframe, last Monday, BTC had rebounded retesting the critical support at $30,000 –...
Read More »Bitcoin’s Price Surge Hurts Gold’s Performance: Former Fed Governor Changes His Mind On BTC
A few years after questioning bitcoin’s role in the financial markets, the former Federal Reserve governor Kevin Warsh has changed his mind, saying that owning BTC “makes sense” now.Furthermore, he breached the decade-old comparison between bitcoin and gold and said that the cryptocurrency is taking portions of the yellow metal’s market share.Former Fed Governor Changes His Mind On BTCThe primary cryptocurrency has a history of changing people’s minds. Previous examples include...
Read More »EOS Price Analysis: Gaining Bullish Momentum Above $3.20
EOS started a strong surge from well below the $2.800 zone against the US Dollar.The price is currently trading well above $3.200 and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support at $2.950 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could correct a few points, but dips are likely to be limited below $3.200 and $3.000.EOS price started a fresh rally above $3.000 and $3.200 against the US Dollar, similar to...
Read More »Litecoin (LTC) Price Analysis: Bulls In Control above $160
Litecoin price started a fresh increase above $150 against the US Dollar.LTC price extended its rise towards the $175 level settled well above the 55 simple moving average (4-hours).There is a key rising channel forming with resistance near $175 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher once it clears the $175 resistance zone in the near term.Litecoin price is following a bullish path above $150 against the US Dollar, similar to...
Read More »L’invraisemblable Bitcoin (à 30 000 euros)
Trois ans après « la blockchain détachable du bitcoin« , Jean-Claude Trichet, ex-président de la Banque Centrale Européenne, s’est à nouveau exprimé hier à propos de Bitcoin dans un entretien accordé à Boursorama : « Le bitcoin ne représente rien du tout, sinon sa rareté, et donc il arrive à être un instrument spéculatif comme l’or – beaucoup plus que l’or – avec des montées et des descentes...
Read More »Crypto Malware Electro RAT Has Been Active for the Past 12 Months
A new form of cryptocurrency malware has been discovered. Known as Electro RAT, the malware remained uncovered for approximately one year before researchers came across it in a new study.Electro RAT Has Remained Hidden for Some TimeElectro RAT has been designed to operate on Windows, Mac and Linux systems, making it usable to a wide array of criminals. It has been in use since the first month of 2020, and according to a report published by cybersecurity firm Interzer, it has already made off...
Read More »Cryptocurrency Market Cap Hits $1 Trillion Milestone: There’s Still Much to Go
The situation in the cryptocurrency market is currently as exciting as it has ever been. Bitcoin is charting new highs daily, altcoins are also starting to see some notable gains, resulting in massive growth for the entire market.For the first time ever, the market did something that not a lot of people believed in back a few years ago – it reached a total capitalization of $1 trillion.The Four Comma ClubIt took some time, but the cryptocurrency market capitalization has finally hit the...
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