This week has been particularly volatile. Bitcoin went on a massive correction, jumped back to $40K, and dropped again just a few hours ago. The majority of the altcoins followed. Polkadot (DOT), however, went on an impressive rally as can be seen in the below ROI chart for the coins we’ve selected this week.BitcoinBitcoin is down by a concerning 13.8% over the past week as it currently trades beneath $36,000. The downturn for Bitcoin started on Monday when it dropped by a steep 25% to reach...
Read More »Ethereum (ETH) Reserves on Exchanges See 27% Drop in 48 Hours
The current data suggests an imminent explosive bull run that could propel Ether to even greater heights.Reports from crypto analysts and experts have revealed that ETH reserves on centralized exchanges have plunged by 27% within just 48 hours. Ethereum isn’t looking to back down anytime soon this year as the digital coin continues to build upon its impressive performance this year. Data from Glassnode have revealed that, up to just 7% of Ether’s circulating supply is currently held on crypto...
Read More »Bitcoin Stalls Below $39K As Polkadot Surges to $15 And Becomes 4th Largest Crypto (Market Watch)
Bitcoin has failed to break above $40,000 again and has stalled beneath $39,000. The altcoin situation is significantly more volatile, with Ethereum jumping north of $1,200 and Polkadot surpassing XRP as the fourth-largest crypto following a 30% surge.ETH Above $1,200, DOT Takes The 4th SpotThe alternative coins demonstrated high volatility levels in the past week, with massive drops during the Black Monday crash and rapid recovery sessions in the days that followed.Most large-cap ones have...
Read More »Lindsay Lohan Offers Big Price Prediction for BTC
Bitcoin has shot back above the $35,000 mark at the time of writing. This is about $2,000 higher than where it stood yesterday. The currency is once again bringing itself up the financial ladder, and it looks like the asset is beginning to earn all kinds of celebrity endorsements from the likes of singer Lindsay Lohan and others.Lindsay Lohan Is Pushing BitcoinBitcoin has always a big celebrity attractor. Many figures who can be classified as rich and famous have turned their sights to...
Read More »10% Daily Drop of ETH Stored on Exchanges Sees Bulls Regrouping for a New Push
Recent data indicates that the number of Ethereum coins stored on exchanges has been gradually decreasing in the past year and showcased a massive drop in the past 24 hours alone.This causes speculations if the growing demand for ETH and decreasing liquid supply could skyrocket the asset price.Ethereum Held On Exchanges EvaporatesAccording to the cryptocurrency monitoring resource CryptoQuant, the number of ETH tokens stored on exchanges reached a 12-month high of over 14 million in the...
Read More »Management Sends Bullish Signal to Market with $1.1 Million Personal Investment in BTCS, A Rising Publicly Traded Bitcoin Star
BTCS Inc. (OTCQB: BTCS), a publicly-traded company focused on digital assets and Blockchain technologies, recently announced that management invested $1.1 million in the Company. This is a particularly bullish sign for investors in BTCS, as it provides strong evidence of management’s belief in its business model and growth potential. The round was led by its CEO, Charles Allen, who personally invested $810,000.BTCS was one of the first public companies to focus its business model around...
Read More »Benchmark Protocol to Revolutionize DeFi Space
Built on the Ethereum Blockchain, the Benchmark Protocol aims to change the weak points of the DeFi space and connect traditional finance with the cryptocurrency market.The Inventor of the Benchmark DeFi project, a top Citibank executive, defines it as a “Supply Elastic Collateral and Hedging Device”. Accordingly, the protocol is designed to run on the VIX Volatility Index, with its token called MARK, pegged to the Special Drawing Rights (SDR).Introduced as a Fair Launch, the Benchmark...
Read More »Phemex bietet zweistellige Jahresrendite auf Bitcoin und Ethereum
Phemex startete diesen Monat seine neuen Crypto-Sparkonten, die aktuell sogar zweistellige Jahresrenditen für die beiden größten Cryptocoins anbieten. Eine gute Alternative für HODLer zu den meisten anderen Börsen. Bitcoin News: Phemex bietet zweistellige Jahresrendite auf Bitcoin und EthereumBei Phemex gibt es flexible und fixe Sparkonten – ebenso wie zum Beispiel auf der Börse Binance. Die versprochenen Jahresrenditen sind allerdings bei Phemex deutlich höher und schwanken aktuell zwischen...
Read More »ETH Still Correcting after Ethereum Price Reached ATH
On Thursday, January 14th, the Ethereum altcoin keeps correcting, trading at $1,122.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.Tech analysis of ETH/USD: ETH is correcting.The ETH reached its all-time high in January.Vitalik Buterin is propelling the idea of social wallets.On W1, ETH keeps correcting in an uptrend. The aim of the decline can become the next Fibonacci level – 61.8%. The MACD histogram is above zero, which means the upward dynamics will restore soon. The signal lines of...
Read More »Litecoin (LTC) Price Analysis: Bulls Eye Crucial Upside Break
Litecoin price started a fresh increase after testing the $110 zone against the US Dollar.LTC price is back above $140, but it is still below the 55 simple moving average (4-hours).There was a break above a major contracting triangle with resistance near $140 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher once it clears the $150 resistance zone in the near term.Litecoin price is showing positive signs above $140 and $142 against the US...
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