Bitcoin, at the time of writing, is trading for just shy of $24,000 per unit. The world’s most popular and most powerful digital currency is making its way up the financial ladder like it never has before, but despite the mega surges the cryptocurrency has encountered, they are nothing compared with the monster jumps being experienced by some of the world’s smaller, yet leading altcoins, some of which include Ethereum, Stellar, Ripple’s XRP and Litecoin.Altcoins Are Taking the StageRight now,...
Read More »Bitcoin Price Analysis: Bulls Must Break This Level To Prevent A Bearish Double-Top
Bitcoin bulls need to make sure the daily price closes above $23,850 today, or else a double top will form on the BTC/USD chart (see below).Double tops are bearish reversal setups that tend to result in strong downtrends. They form when an asset fails to breach the same resistance level twice in a short period of time. The second rejection signals to the market that bullish momentum has run out and that a shift in trend is about to occur.There’s also an obvious RSI divergence (yellow line)...
Read More »Bitcoin on Track to Close Year High as Number of Active Addresses Doubles in 2020
Coin Metrics noted that the number of active Bitcoin addresses with at least 0.01 BTC did not just grow by more than 700,000 this year, it also showed a chart that the number of active addresses has topped 1.1 million.Bitcoin according to Coin Metrics is on track to close the year on a bullish note as the coin has experienced massive growth as evidenced by the surge in the number of its active addresses. Bitcoin is almost turning into a household name as the first-ever digital currency ranks...
Read More »Bitcoin Dominance Spikes To 7-Month High As BTC Pokes $24K: Altcoin Season Postponed
Those who were looking forward to an altcoin season would certainly have to wait longer as Bitcoin’s dominance continues to surge. Meanwhile, the majority of cryptocurrencies are bleeding heavily against BTC.Bitcoin Tops $24,000 in a Massively Volatile DayThe volatility on the cryptocurrency market continues as most coins see tumultuous performance throughout the past few days.Bitcoin is no exception. Today’s candle is indicative of it. The price reached a low of around $22,800 on Bitstamp,...
Read More »Coinbase to Fund Two Bitcoin Core Developers in Its First Round of Awards
The funds from Coinbase will serve as the needed boost in attracting more innovative developers into the industry.Coinbase cryptocurrency exchange has announced its first-ever Bitcoin core developer awards, an initiative it first announced back in October 2020. The Coinbase awards were given to two recipients after being reviewed by the fund’s advisory board which includes Dan Boneh, a Professor of Cryptography at Stanford University, as well as Bitcoin developers Amiti Uttarwar, Felix Weis,...
Read More »Ripple Price Analysis: XRP Tumbles 70% Monthly to a 3-Year Low Against Bitcoin
XRP/USD – XRP Drops To 200-Days EMA SupportKey Support Levels: $0.3, $0.286, $0.25.Key Resistance Levels: $0.35, $0.4, $0.435.Yesterday, XRP dropped below $0.5 and penetrated beneath a symmetrical triangle pattern to meet the $0.45 support. It did spike much lower yesterday as it hit the 100-day EMA; however, the buyers regrouped to allow the daily candle to close above $0.45.Today, XRP continued to fall by another 27.5% as it plummeted beneath $0.4 (100-day EMA) and carried on dropping below...
Read More »Ripple SEC Charges Attack All Cryptocurrencies, Says Company’s CEO
Ripple’s CEO Brad Garlinghouse has classified the charges on his company brought by the US Securities and Exchange Commission (SEC) as an “assault on crypto at large.” In a recent blog post, he outlined that the Commission is wrong and that the payment processor will prevail in the legal battle.Ripple Responds to the SECFollowing rumors of SEC charges against Ripple, the Commission made it official yesterday. The agency alleged that the payment processor had conducted a $1.3 billion...
Read More »Bitcoin.fr fête ses 10 ans
Il y a dix ans, le 23 décembre 2010, je faisais l’acquisition du nom de domaine bitcoin.fr et mettais en ligne une sommaire présentation de Bitcoin, presque entièrement pompée de bitcoin.org. J’avais au préalable téléchargé Bitcoin QT et obtenu 0,12 bitcoin sur le faucet de Gavin Andresen. Pas une fortune, certes, mais suffisamment pour tester le système en faisant quelques transactions. Ma brève carrière de mineur a commencé peu après...
Read More »Tron (TRX) Price Analysis: Key Support Nearby, Fresh Increase Likely
Tron price is approaching the main $0.0275 support zone against the US Dollar.TRX price is now trading with below the 55 simple moving average (4-hours), with a bearish angle.There was a break below a major bullish trend line with support near $0.0305 on the 4-hours chart (data feed via Bitfinex).The pair could start a fresh increase as long as the price is above the $0.0275 support.TRON price is moving lower and approaching the key $0.0275 support against the US Dollar, while bitcoin is well...
Read More »SkyBridge Capital’s Bitcoin Fund Starts With A $25 Million Investment
Although BTC has exploded above $20,000 recently, Anthony Scaramucci from the billion-dollar hedge fund SkyBridge Capital said that there’s more room for growth as the asset is still in the first inning.He added that his organization has put in $25 million in the recently announced Bitcoin Fund, which will be available for accredited investors from January 4th, 2021.Details On The BTC Fund Launched By SkyBridgeCryptoPotato reported recently that the Wall Street giant SkyBridge Capital,...
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