Crypto news

Markets across the board are marking tremendous increases since the beginning of the week. The largest indexes are charting notable gains despite the continuously spreading coronavirus as well as other concerns such as the escalating number of job loss claims in the US.The cryptocurrency market follows as absolutely every coin in the top 20 is trading in the green today. Some are even up double-digits.Wall Street RejoiceThis week has been very impressive for Wall Street, to say the least. At...

XRP price has risen by around 8% within the last 24 hours. 211 million XRP has been recently transferred between several wallets with some anonymous and others identified to be owned by corporate investors.As every crypto coin has begun to gain momentum and is rising now, XRP price is also rising. The coin is trading at $0.20 at the time of writing. It means that the coin has gained 7.78% within 24 hours.The crypto has broken above the overhead resistance at $0.18867. If the bulls can sustain...

Tezos’s price reached the critical level of $2 after breaking above the $1.8 resistance.Against Bitcoin, XTZ bounced back after establishing support around 25000 SAT.The 10th largest cryptocurrency surged with over 16% gains across the trading pairsXTZ/USD: Tezos Overcomes Crucial ResistanceKey Resistance Levels:  $2.5, $3.2, $4Key Support Levels: $1.46, $1.25, $0.845XTZ/USD. Source: TradingViewThe latest buying spree brought a serious increase in Tezos’s price for the past few days. The...

Bitfarms, a blockchain infrastructure company running one of the largest North America-based mining operations, is cutting staff members. The firm cited the ongoing economic and social turmoil caused by the COVID-19 pandemic.Coronavirus Hits Bitcoin Mining Firm In North AmericaThe unexpected outbreak of the COVID-19 harmed people’s health, financial markets, economies, and businesses. Numerous companies had to take radical measures to endure, and the cryptocurrency field is not exempt.Based...

Alphabet (GOOGL) stock gained 8.28% on Monday. Today it is 3.12% up in the pre-market. Does its current trading price show the actual value of its? Or is the stock undervalued now?When it comes to Alphabet Inc (NASDAQ: GOOGL) stock, it’s hard to always win or lose. The stock has been pretty volatile in the last few weeks, especially after the global outburst of the coronavirus pandemic.The company’s stock saw significant share price movement during recent months on Nasdaq, rising to highs of...

Altcoins have experienced an increase together with Bitcoin. Ethereum has managed to gain around 14% within 24 hours. Now ETH price is around $175.We have been used to Bitcoin already traditionally leading the crypto market. However, it seems that the most popular altcoin is slowly but surely taking the lead. Ethereum price is rising by exquisite pace since Monday’s candle open at $142, the second-largest digital asset has rocketed 13.85% higher, reaching $175.13 just minutes ago as of the...

Staking is a way for cryptocurrency users to generate passive income as they earn interest on their investments. And now, to meet the demands of its customers, popular exchange Bitfinex has launched a staking rewards program, according to a Tuesday announcement. EOS, ATOM, VSYS Staking On BitfinexThe new staking services will allow Bitfinex’s users to earn interest of up to 10% per annum for depositing and holding their digital assets on the exchange. For the time being, however, the staking...

Ethereum surged by a total of 13.6% over the last 24 hours as it reaches $175.ETH rocketed higher after breaking the $146 resistance yesterday, allowing it to break resistance at $165 and $170.Against Bitcoin, Ethereum also surged significantly as it climbed from 0.021 BTC to 0.0235 BTC.Key Support & Resistance LevelsETH/USD:Support: $167, $165, $150.Resistance: $175, $180, $187.ETH/BTC:Support: 0.023 BTC, 0.022 BTC, 0.0215 BTC.Resistance: 0.024 BTC, 0.0247 BTC, 0.025 BTC.ETH/USD:...

New data indicates that the number of active Ethereum addresses could accurately predict the future price movements of ETH. Unique addresses have been rising since March, and the price of the token has been continuously surging.Active ETH Addresses Corresponds With The Price?Information provided from the popular monitoring resource, Santiment, suggested that the number of active Ethereum addresses has been increasing since mid-March. More specifically, after the price plunges that took place...

Tron price is up more than 8% and it broke the $0.0120 and $0.0132 resistance levels against the US Dollar.TRX price traded to a new monthly high at $0.0140 and it is currently correcting gains.There is a major bullish trend line forming with support near $0.0128 on the 4-hours chart (data feed via Bitfinex).The price could correct in the short term, but it is likely to find support near the $0.0125 area.TRON price is back in a positive zone above $0.0120 against the US Dollar, similar to...