Tag Archives: ADAUSD

The bears have returned to the crypto market and have pushed bitcoin south to around $45,000. The alternative coins, which flew high recently, have struggled even more. ETH is close to breaking below $3,000, ADA is just above $2, and BNB is down to $400. Bitcoin Dropped to $44.5K Ever since the Saturday retracement in which bitcoin dropped below $46,000, the cryptocurrency’s price performance seemed rather healthy. In fact, BTC jumped and touched $48,000 on Sunday for the...

Nearly three-thirds of the Singaporean population has already invested in cryptocurrencies, with males under 34 being the dominant part. Interestingly, though, ETH is the most popular digital asset among locals, with BTC, ADA, and BNB trailing behind it. Singaporeans Like Crypto By partnering with CoinMarketCap and Seedly, the US digital asset exchange Gemini surveyed over 4,000 people in the Asian country to determine their general perception of the cryptocurrency landscape....

Shortly after reaching a new three-month high of over $48,000, bitcoin retraced rapidly and lost over $2,000 in hours. Most altcoins are also in the red, with the apparent exception of Ripple. XRP has surged by 60% in a week to a record of its own at $1.3. Red Among Alts, But Not XRP The alternative coins enjoyed the past several days with impressive gains. Ethereum led the charge by surging past $3,300. Thus, ETH nearly doubled its value since the July 20th dump. However,...

Bitcoin continued with its decisive move upwards, and the latest leg up drove the asset to nearly $48,000. The alternative coins have performed even more impressively, with ETH topping $3,300 and ADA exploding by another 10%. Bitcoin’s Impressive Run A lot can change in the cryptocurrency markets in a month or even less sometimes. The primary cryptocurrency is a prime example as it had dumped to a low of $29,200 on July 20th. As the bearish sentiment was taking over, though,...

A Reddit user has outlined a fake website trying to copy and even promise more features than the verified Cardano (ADA) wallet – Daedalus. However, the copycat has a slightly different URL address. The user, going by the Reddit handle Tjaaark, posted on August 13th that a “fake Daedalus website is being marketed on Discord.” He advised users to be wary as the copycat had some notable differences from the verified one. For instance, the one marketed on Discord has an URL...

ADA/USD – Bulls Turn Parabolic Above Price Channel. Key Support Levels: $1.70, $1.62, $1.50.Key Resistance Levels: $1.90, $1.97, $2.05. ADA surged 33% this week, which allowed it to break the upper angle of an ascending price channel it was trading inside. Before the breakout, ADA struggled to break resistance at $1.50, provided by the 100-day MA level. The breakout came yesterday as ADA shot to resistance at $1.70. Today, it continued to break resistance at a $1.72 (bearish...

The weekend continues with impressive gains for bitcoin as the asset spiked above another coveted price line by reclaiming $45,000. Most altcoins are also well in the green, led by a massive surge from Dogecoin of over 25% in a day. Bitcoin Breaks Above $45K The positive developments in terms of USD price continue in the cryptocurrency market. The largest asset, bitcoin, has been on a roll since mid-July when it dropped below $30,000. Since then, though, the bulls have kept...

The bitcoin bulls came to play once more and pushed the cryptocurrency to a new near three-month high of around $44,000. Most alternative coins have seen gains as well, with ETH closing down to $3,000. The total market cap added another $100 billion in a day. Bitcoin Touched $44K Ever since the middle of the week, bitcoin’s price has been on a roll for most of the time. It recovered thousands of dollars in days and reached $40,000 on Thursday. At the time, though, the bears...

The bitcoin bulls continued their offensive in the past 24 hours as the asset reached yet another 2-month high of over $42,500. Most alternative coins have outperformed their leader, including ETH, BNB, and DOT, which has jumped by more than 16% in a day. Green Altcoins; DOT Adds 16% of Value The altcoins were relatively stagnant yesterday, but the situation is significantly different today. Ethereum traded around $2,450, but a 6% increase has driven it to approximately...

Bitcoin has initiated another leg up, resulting in charting a new two-month high of just over $42,000. Apart from Chainlink, most alternative coins trail behind, and BTC’s market dominance has increased to well above 48%. Bitcoin Taps a 2-Month High As reported earlier this week, bitcoin went on a tear after dabbling with the $33,000 price line for a while and charted a $7,000 green candle. As a result, the cryptocurrency briefly exceeded $40,000 for the first time in over a...