Crypto news

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...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1005. Im heutigen Video geht’s um folgende Themen: Bitcoin Erdbeben – Trump oder Biden, Attacke auf Tron Blockchain & Paypal Crypto Service Globaler Start Anfang 2021. 1.) Trump oder Biden – Ist Bitcoin auf ein Erdbeben bei den US-Wahlen vorbereitet?https://www.btc-echo.de/trump-oder-biden-ist-bitcoin-auf-ein-erdbeben-bei-den-us-wahlen-vorbereitet/ 2.) Attacke auf TRX: Tron wurde für zwei Stunden...

PayPal CEO Daniel Schulman said that the large online payment processor will add numerous new cryptocurrency-related features at the start of next year. In the most recent earnings call reported by Fortune, Schulman noted that the platform will enable crypto payments for goods and services at 28 million merchants. He reassured that it will not result in any “incremental fees for either consumers or merchants.” PayPal’s mobile payment service app Venmo, will also support...

Ethereum price started a fresh decline from well above $392 against the US Dollar.ETH price is currently trading below the $385 support and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $397 on the 4-hours chart (data feed from Coinbase).The pair is testing the $372 support and there is also a major support at $365.Ethereum price is declining and trading below $390 against the US Dollar. ETH/USD must stay above the $365 support to...

Bitcoin’s Fee Ratio Multiple (FRM) is a metric for measuring the distance proof-of-work blockchains have to cover in order to sustain current security levels solely through transaction fee revenue. According to analytics provider Glassnode, FRM is linked to demand and caused by higher transaction fees. It is currently at its lowest level since January 2018. The #Bitcoin Fee Ratio Multiple (FRM) is at its lowest level since Jan 2018. FRM is linked to demand and caused by...