Crypto news

Bitcoin is doing rather well as of late, but among all the reasons why, one of them has really got advocates scratching their heads. It looks like the world’s number one cryptocurrency by market cap is getting a lot of support from its biggest competitor: Ethereum.Ethereum Has Really Moved BTC ForwardAs the second-largest cryptocurrency in the world, Ethereum was introduced in 2015, roughly six years after bitcoin was first brought to the trading table. The currency is widely recognized for...

As we’ve all noticed by now, bitcoin is surging like it never has in the last three years. The currency is presently trading for about $13,850, just under $14,000 which it allegedly hit a few days ago for a brief period, and many are expecting the currency to strike this level again before the year is out.Bitcoin Is Jumping AgainInvestors and analysts throughout the crypto space are wondering what could potentially be driving bitcoin to such high marks. There are many things out there that...

Die weltweit wichtigste Präsidentschaftswahl steht an. In dieser Nacht entscheidet sich, ob es weitere 4 Jahre für US-Präsident Donald Trump geben oder ob ihn der demokratische Kandidat Joe Biden ablösen wird. Der Markt zeigt vor dieser Entscheidung einen klaren Abwärtstrend bei den Altcoins, der BTC stagniert aktuell. Bitcoin News: Bitcoin stagniert vor US-WahlOb die US-Wahl tatsächlich einen großen Einfluss auf den Bitcoin-Markt haben wird, bleibt abzuwarten. Allerdings ist davon...

Cryptocurrency trading platforms in Hong Kong will soon be subjected to full legal scrutiny as the nation’s financial watchdog plans to release a new regulatory framework. The Hong Kong’s Securities and Futures Commission (SFC) announced that it plans to regulate all cryptocurrency exchanges in the country, Reuters reported Tuesday. Hong Kong has struggled in the past with unclear rules for crypto exchanges. After a first failed attempt in 2018, the country published an...

XRP/USD – Buyers Continue To Defend October Lows Key Support Levels: $0.235, $0.228, $0.22.Key Resistance Levels: $0.245, $0.251, $0.261. XRP fell beneath the symmetrical triangle pattern at the end of October and headed toward the 100-days EMA. It found support at the 200-days EMA but fell below it yesterday. Despite this, XRP remained supported at $0.228 (.618 Fib & October lows). A break beneath this level is likely to send XRP on a downward spiral toward  $0.20. On...

Bitcoin, after a massive rise to last year’s high, trimmed gains in a sudden selloff yesterday. YouTube-based BTC commentator Carl Martin a.k.a The Moon, opined that the cryptocurrency is experiencing selloff from miners. But is that actually true? Is bitcoin dipping because of miner capitulation? Nope, there’s no tangible proof to corroborate the same. Carl ‘The Moon’ Martin Thinks That Bitcoin Miners Are Capitulating In a tweet, Carl Martin, who also goes by the name of...

The Bitcoin network just went through the second-largest negative difficulty adjustment and its most significant one since the start of the ASIC era. The 16.05% decline exceeded previous expectations indicating a readjustment of somewhere between 7% and 10%. Record-Setting BTC Mining Difficulty Adjustment The mining difficulty on the Bitcoin network goes through an automatic adjustment every 2,016 blocks. It’s a feature enabling the system to self-sustain in relation to...

It goes without saying that a lot has happened over the past four years when it comes to cryptocurrencies. We went through the market’s most parabolic cycle in 2017 and a prolonged bear market in 2018. In 2020, the market is arguably in a bullish state coming into this year’s US Presidential Elections, where Donald Trump will battle to keep his presidency against Joe Biden. At times like these, it’s worth taking a step back and see how the market looked during the previous...

ADA price started a fresh decline from well above the $0.1000 support against the US Dollar.The price is now trading well below the $0.0920 support and the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $0.0960 on the 4-hours chart (data feed via Kraken).The price is likely to continue lower towards the $0.0850 support or $0.0832 in the near term.Cardano price is gaining bearish momentum below $0.0950 against the US Dollar, similar to...

Bitcoin continues to struggle ever since it peaked above $14,100 during the weekend. The situation with alternative coins is even worse, and the total market capitalization has dipped to about $390 billion. Bitcoin’s Struggles Since Its 1,000-Day Peak CryptoPotato reported over the weekend that the primary cryptocurrency spiked to a new 2020 high of about $14,100. The difference between this record and the previous ones registered in October was that it surpassed the 2019’s...