Crypto news

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...

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...

Nigel Green, CEO of the independent financial advisory organization deVere Group, has sold half of his bitcoin stash during the Christmas holidays. However, he maintained his bullish position on the cryptocurrency for the long-run while highlighting the growing adoption curve.Green Sells Half Of His BTCFounded in 2002, deVere Group is a large financial advisory company with over 80,000 clients in 100 countries. Its CEO, Nigel Green, has been a long-term BTC supporter who describes himself as...

Pull out the cake, put on those party hats and blow out the candles! Bitcoin is celebrating a birthday. It was exactly 12 years ago on January 3, 2009 that the very first unit of the world’s largest and most powerful cryptocurrency by market cap was extracted from the blockchain.Bitcoin’s Birthday Is HereAnd what a great way to celebrate this newfound horizon. The asset recently spiked beyond the $33,000 mark, reaching a new all-time high and starting 2021 off on solid ground. Gaurav Dahake –...

Bitcoin price saw a day of major volatility after topping out at $34,800 yesterday. From there, the primary cryptocurrency started the week by dropping a sharp 16% to reach as low as $27,800 on Bitstamp in a much-needed retracement following an enormous rally.As shown on the daily chart below, Bitcoin reached the lower line of the ascending channel.In our yesterday’s analysis, we mentioned some bearish divergence on the 4-hour timeframe, which seems to have played out today. This retracement...

The crypto trading giant has set a new all-time high in 24-trading volume, exceeding $80 billion on both the spot and derivatives platforms. In total, more than $180 billion has been traded across the entire crypto market in the last 24 hours as of press time.Binance Trading Volume Records New ATHTweeting on Monday (Jan. 4, 2021), Binance CEO Changpeng Zhao said that trading volume on the platform was twice its previous all-time high (ATH), reaching over $80 billion. Data from CoinMarketCap...

Over the past few years, Fundstrat’s Tom Lee has gotten quite the reputation for predicting where bitcoin’s price will go. He’s been off here and there, which has likely gotten a lot of people to lose faith in his words but considering that bitcoin has been on a heavy bull run over the past few months, his recent prediction is likely hitting home for a lot of digital traders and enthusiasts.Tom Lee Is At It Again with BTC PredictionsThus far, bitcoin has risen by roughly 300 percent since the...

It’s just been a few days and already 2021 is off to a great start for bitcoin and the land of cryptocurrency. The world’s number one digital asset by market cap has shot beyond the $30,000 mark. In fact, it is currently trading in the high $32,000 range, which is a small dip from its new all-time high of roughly $33,000.Bitcoin Is Enjoying the New Year2020 really set a pinnacle for bitcoin and crypto trading. The asset rose all the way to about $28,700 during the final days of December. Now...

Three Arrows Capital, a fund management company registered and supervised by the Monetary Authority of Singapore, disclosed a massive BTC position through the Grayscale Bitcoin Trust. The firm owns over 6% of all GBTC shares, meaning a total amount of almost 37,000 bitcoins.According to a document that Three Arrows Capital filed with the US Securities and Exchange Commission (SEC), the company owns 38,888,888 shares of the Grayscale Bitcoin Trust.This represents 6.1% of all 638,906,600 shares...

ETH/USD – Ethereum Breaks $1000 and Surges As High As $1,161.Key Support Levels: $975, $915, $855.Key Resistance Levels: $1042, $1100, $1140.Ethereum has surged 40% since the start of 2021, allowing the cryptocurrency to break above $1000 for the first time since Jan 2018. Yesterday, ETH pushed upward from $760 and closed the daily candle at $975 (long term 1.272 Fib Extension).Today, ETH continued to reach as high as $1161, where it met resistance at a 1.272 Fib Extension level....