Following this week’s triumphant Bitcoin rally, it seems that dozens of altcoins have been seeing significant price jumps. And today, it would seem that Ethereum Classic has jumped on the bandwagon too.In fact, ETC has seen a huge surge of about 40% over the course of the last 24 hours and as of today, Friday, January 17th, 2020, is sitting in around $11.6. ETC/USD. Source: TradingViewThat’s a 280% increase after ETC hit its lowest price of $3.50 at the end of last year.The popular opinion is...
Read More »Ethereum 2.0: Resolving Network Problems as Investors Ride Positive Sentiment
Ethereum, the number 2-biggest crypto with a recent market value of $18 billion, gained ground after a brief retreat on Thursday. The coin gained more than 3% daily and 2.8% since early Friday. The ETH/USD attempted to surpass $175.00 but the move proved unsustainable and the currency plunged beneath the $170.00 price level while investors ride on positive sentiment.The major considerations why Ethereum could not improve to service the developing market was because it did duplicate Bitcoin‘s...
Read More »Crypto Price Analysis & Overview January 17th: Bitcoin, Ethereum, Ripple, Tezos, and Ethereum Classic.
Bitcoin saw a serious 12% price increase this week, allowing the cryptocurrency to rises toward the $8,800 level. BTC actually managed to rise into the $9,000 resistance level today but has since rolled over and fallen slightly. The latest price increase saw Bitcoin rising well above the 200-days EMA as it approached resistance at $8,960 (provided by a bearish .786 Fibonacci Retracement level). This price surge puts Bitcoin on a strong bullish footing as the cryptocurrency gears itself to...
Read More »New on Binance: FTX 3x Long and Short Tokens of Bitcoin & Ethereum
Binance will list a new set of FTX leveraged tokens that will allow users to open 3x long or short positions for Bitcoin and Ethereum. This comes less than a month after the Maltese-based exchange made a strategic partnership with the derivatives exchange, FTX.Binance Lists New Type Of Leveraged TokensThe leading cryptocurrency exchange by volume, Binance, announced earlier today its newest addition for leveraged tokens. According to the publication, the company will list four FTX tokens –...
Read More »It’s (Nearly) Over $9,000: Is Bitcoin’s Halving Finally Being Priced In?
Bitcoin may target $18,000 if past halving performance plays out. In the immediate term, bitcoin must overcome $9,000. BTC price briefly overtakes that level Friday. Analysts, traders and crypto enthusiasts all over the globe are cheering on bitcoin as it looks to overcome $9,000. But is this the start of something bigger? Is bitcoin finally pricing in the next halving – or halvening, as some may call it? The sentiment inside the cryptocurrency community is reaching...
Read More »XRP Struggles At The 100MA As Bitcoin Attempts To Retake $9,000: Ripple Price Analysis
XRP has seen a 13% price surge this week as it reaches resistance at $0.234.Against BTC, XRP continues to trade sideways as it straddles the 2600 SAT level.Once XRP manages to overcome $0.2345, the coin might surge back toward $0.30.Key Support & Resistance LevelsXRP/USDSupport: $0.22, $0.20, $0.185 Resistance: $0.2345, $0.25, $0.262.XRP/BTC:Support: 2600 SAT, 2350 SAT, 2455 SAT.Resistance: 2710 SAT, 2800 SAT, 2900 SAT.XRP/USD: XRP Reaches 100-Days EMA But Struggles To PassSince our...
Read More »Crypto Asset Manager Grayscale Set Record with $600 Million in Investments in 2019
The last year of 2019 proved magical for the venture capital firm and crypto-asset manager Grayscale Investments. Recently, the company released its “2019 Digital Asset Investment Report” registering a record-breaking $600 million investment in a single year.The record-breaking yearly performance was the result of a record-breaking Q4 2019. In the last quarter of 2019, Grayscale garnered $225 million in different investment products, clearly hinting at a larger market trend.Besides, the...
Read More »Ripple Spends $170,000 on Trump’s Staff to Shape Crypto Regulation in the U.S. in 2019
Ripple, the company widely associated with XRP cryptocurrency, spent $170,000 in the first nine months of 2019 on the American government to shape crypto regulation in the world’s economic powerhouse. This is known from the information published by the Center for Responsive Politics.Data sourced by the Washington D.C.-based non-profit organization from the Senate Office of Public Records reveal that the cryptocurrency firm used the money to lobby the Executive Office of President Donald...
Read More »Thomas Lee: 3 Gründe, warum 2020 ein gutes Jahr für Bitcoin wird
3 Gründe, warum 2020 ein gutes Jahr für Bitcoin wird. Thomas Lee glaubt, dass 2020 ein gutes Jahr für Bitcoin und andere Kryptowährungen wird. Auf Twitter veröffentlichte er drei Gründe, warum er so denkt. Zunächst sei die Block-Halbierung bei Bitcoin in diesem Jahr ein gutes Zeichen. Während dieses Ereignisses wird die Anzahl der Bitcoin, die neu auf den Markt kommen,...
Read More »Adam Back: Bitcoin-Preis könnte auf 100’000 steigen
Laut dem Kryptografen Adam Back hat Bitcoin das Potenzial, auf einen Preis von bis zu 100.000 Dollar zu steigen. „Ein Bitcoin-Preis von 100.000 USD scheint nicht so weit weg zu sein, da Bitcoin bereits ein paar Mal mehr als 10’000 USD wert war und vor wenigen Jahren nur wenige an einen Preis von 1000 Dollar glaubten“, erklärte er. And $100k Bitcoin doesn't seem so far given we already crossed $10k...
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