Crypto news

Since the opening of today’s candle, Bitcoin went on a rollercoaster, dropping around $5,500 and recovering some of it already. On its way down, BTC filled the latest CME gap at about $29,000 and jumped back above $30,000 immediately after.This raises speculations within the crypto community if this was a necessary correction triggered by the CME gap and if it’s already over.CME Gap At $29K FilledThe Chicago Mercantile Exchange allows institutional investors to trade bitcoin on its regulated...

XRP/USD – Bulls Defending $0.22 Support So Far In JanuaryKey Support Levels: $0.22, $0.2, $0.171.Key Resistance Levels: $0.25, $0.285, $0.3..After a disastrous end to 2020, in which XRP tanked by a severe 75%, following the SEC lawsuit, the coin attempts to establish a strong support base at $0.22 (November 2020 lows). So far, it has closed each daily candle above this level in January.The cryptocurrency did spike beneath $0.2 on three occasions this month, but the bulls regrouped to bring...

ETH’s price is not the only Ethereum metric rising in the past few days as the transaction fees on the network have skyrocketed to an average price of above $10. The popular decentralized exchange Uniswap still accounts for the largest share with over 30,000 ETH spent in the past 30 days.Surging Fees On The Ethereum NetworkAccording to data from the monitoring resource Ycharts, the average fees on the Ethereum network have surged recently to above $10. This development came following months...

It’s perhaps safe to say that the past two hours have been some of the craziest on the cryptocurrency market for the past few years.The total cryptocurrency market cap surged to more than $900 billion, only to lose around $70 billion in an instant.ETH Lost Almost $300 In Two HoursThere’s no doubt that the center of attention over the past couple of days is Ethereum. ETH went on a rampage yesterday, claiming major resistance levels on the way up. It managed to surge to a high of $1,173 on...

Stellar lumen price started a strong increase after forming support near $0.1220 against the US Dollar.XLM price is now trading above the $0.1400 resistance and the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $0.1320 on the 4-hours chart (data feed via Kraken).The pair is likely to continue higher towards the $0.1550 and $0.1700 resistance levels.Stellar lumen price is gaining bullish momentum above $0.1400 against the US Dollar,...

Founder and chief economist at Rosenberg Research, David Rosenberg, has doubled-down on his narrative that bitcoin, similarly to the stock markets, is in a massive bubble. He warned that another bear market could emerge, similarly to what transpired following the previous bitcoin bull run in 2017.Bitcoin Is In A Bubble: RosenbergIn a recent CNBC interview, the former top North American economist at Merrill Lynch said that he’s avoiding getting into bitcoin, especially after its impressive run...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1046. Im heutigen Video geht’s um folgende Themen: Am 3. Januar wurde Bitcoin (BTC) 12 Jahre alt, Ethereum durchbricht 1000 US Dollar & Globale Wirtschaftskrise Gefahr für Bitcoin. 1.) Bitcoin (BTC) wird 12 Jahre alt und feiert mit Kursfeuerwerkhttps://www.btc-echo.de/bitcoin-btc-wird-12-jahre-alt-und-feiert-mit-kursfeuerwerk/ 2.) Ether-Kurs zieht nach und durchbricht 1000...

Ripple price declined heavily and recently started consolidating above $0.200 against the US dollar.The price is now facing hurdles near $0.2500 and the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $0.2500 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could start a strong increase if it clears the $0.2500 and $0.2650 resistance levels.Ripple price is showing bullish signs above $0.2200 against the US...

Right as bitcoin struck its new all-time high of roughly $28,700 in late December of last year, several bitcoin mining stocks rose to new levels, thereby suggesting that mining is becoming a much more lucrative business and that the world’s number one digital currency is more profitable than ever.Bitcoin Mining Companies Are Growing Like Never BeforeAbout a week ago, shares in companies such as Riot Blockchain and Marathon Patent Group experienced their highest peaks in years. The sentiment...

Daniel Gouldman – the CEO of Ternio – is convinced that in the immediate future, bitcoin and cryptocurrency will be adopted for mainstream use and that all currencies will be digital.Daniel Gouldman: We’d Better Get Used to Digital CurrencyIn a recent interview, he states:I would not be surprised if in five years, most money as we know it is basically cryptocurrency.He claims that bitcoin and cryptocurrencies are following the exact same path that the internet did in the mid-90s. He says that...