While Bitcoin remains relatively calm in its comfort price territory, lots of alternative coins have been fluctuating significantly. Decentralized finance (DeFi) and some prominent developments from several projects initiated serious price increases for various altcoins, and given the decrease in Bitcoin’s dominance, a new altcoin season booms.Chainlink (LINK) continues to impress with its performance, marking new all-time high records one after the other. With that in mind, let’s have a look...
Read More »Bitcoin Continues The Price Strike, As Alt-Season 2020 Exploding: The Crypto Weekly Market Update
During the past seven days, Bitcoin failed to surprise us with anything in terms of price action. It appears that the cryptocurrency continues with its somewhat dormant state as it remained stagnant and rangebound between $9,000 and $9,200.Yesterday, BTC’s price dropped from slightly above $9,200 to around $9,040, sparking worries that things might take a turn for the worst. However, the price has since rebounded, and it’s once again consolidating around $9,150.What Bitcoin lacked in price...
Read More »Even Twitter Hack Can’t Move BTC Away From $9200, XTZ and LINK Surge (Price Watch)
Although Bitcoin received massive attention yesterday while hackers exploited almost every world leader’s Twitter accounts, the asset price refuses to move outside of its comfort zone of approximately $9,200. The altcoin market, though, remains volatile – Chainlink reached a new all-time high yesterday, Tezos next?Twitter Hack Can’t Shake BitcoinAll eyes were on the popular social media platform Twitter yesterday’s night UTC. An unknown to this moment, the hackers gained access to the most...
Read More »Bitcoin Charges to $9,300 as Altcoins Continue to Boom: Saturday Price Watch
Bitcoin remains in its quite familiar range between $9,000 and $9,300 after a 2% increase from yesterday’s low.The most prominent US-based indexes registered similar increases yesterday, confirming the high correlation levels between the two asset groups.Bitcoin And Altcoins RecoverAs reported yesterday, the price for the primary cryptocurrency decreased to $9,050 on some exchanges like Bitstamp. On its way down, Bitcoin broke below the $9,300 level. The significant support at $9,000 confined...
Read More »Bitcoin Dips Below $9,000 as Altcoins Bleed Out: Friday’s Price Watch
After failing to reclaim the $9,300 mark yesterday, Bitcoin’s price went on a negative spiral down to $8,950 on some exchanges.As it typically happens, most alternative coins followed the adverse move and have charted losses in the past 24 hours.Bitcoin Dips Below $9kAs reported yesterday, the primary cryptocurrency made an indecisive attempt to reconquer the $9,300 level. Although it failed, the asset managed to hover around $9,200.In just a few hourly candles, however, BTC went on a sharp...
Read More »Crypto Price Analysis & Overview May 29th: Bitcoin, Ethereum, Ripple, Tezos, and Chainlink
BitcoinBitcoin saw a small 3% price increase over the past seven days as it currently trades around the $9,433 level. The cryptocurrency had started the week off by dropping beneath $9,000 and reaching the support at the rising trend line. Luckily, the buyers managed to defend this support to prevent BTC from slipping into a bearish trend.Bitcoin rebounded from the rising trend line over the past three days as it breached the $9,000 resistance again and continued as high as $9,600. It has...
Read More »Despite Bitcoin Drop, Is Tezos Building a Bullish Reversal Pattern? XTZ Price Analysis
After losing over 5% in less than 24 hours, Tezos started to show signs of weakness as sellers resume pressure.XTZ made a quick reversal after finding base support at 26000 SAT.XTZ/USD: Tezos Trying To Recover DropKey Resistance Levels: $2.89, $3.07Key Support Levels: $2.375, $2.06XTZ/USD. Source: TradingViewTezos lost over 5% to reach $2.6 over the past hours after getting rejected at the $2.89 resistance yesterday. Sellers are starting to show interest again, and it may lead to more losses...
Read More »Bitcoin Suisse To Offer Tezos (XTZ) Staking For Institutional Investors In Custody Audited By PwC
The cryptocurrency financial service company Bitcoin Suisse announced that it will start offering high-security staking for Tezos holders. The large organization claims that the addition comes after increased interest from institutional investors towards staking services for digital assets.Bitcoin Suisse To Offer Tezos StakingAccording to the announcement, the demand from institutional investors towards digital assets and various crypto-related financial products has been surging lately....
Read More »Tezos Price Analysis: XTZ Gains 5% On The Day But Is It Ready For $3?
XTZ is facing resistance at $2.7, and it could resume its uptrend if this price level breaks up.The price is currently sitting at the 27000 SAT support area after forming a lower high around 28000 SAT against Bitcoin.Tezos could start decreasing if the price drops below the current holding support.XTZ/USD: Tezos Facing Crucial Resistance Line Key Resistance Levels: $2.7, $2.89, $3.07Key Support Levels: $2.375, $2.06, $1.88XTZ/USD. Source: TradingViewSince our previous analysis, Tezos has...
Read More »Crypto Price Analysis & Overview May 15th: Bitcoin, Ethereum, Ripple, Tezos, and Chainlink
BitcoinBitcoin had an interesting 7-day trading period as the coin dropped by a small 3% over the week. However, this is because BTC fell by a strong 10% over the weekend as the coin fell from $9,600 to reach as low as $8,500. It rebounded from here and started to climb after the halving occurred earlier in the week.After rebounding, Bitcoin reclaimed the $9,000 level and continued upward to reach the resistance at $9,815 yesterday. It dropped lower from this level today to reach the current...
Read More »