A deeper correction may have to wait as many major cryptocurrencies are looking strong and their uptrend is likely to continue. Interest in Bitcoin (BTC) has surged significantly after its rally above $10,000 and if the bulls can sustain the price above this psychological level, it is likely to attract further attention. While it is […]
Continue Reading
Despite the ongoing uncertainty toward crypto regulation in India, major global crypto exchange OKEx has just made another push in the country’s market. Despite ongoing uncertainty regarding cryptocurrency regulation in India, major global crypto exchange OKEx has just made another push in the country’s market. On Feb. 14, OKEx partnered with India’s largest cryptocurrency trading […]
Continue Reading
“Serious resistance” should trigger above $400 as General Strength Indicator suggests Ether is at its most overbought since May 2019. Ether (ETH) price could continue its gains to hit $440 before resistance kicks in, one analyst has told mainstream media. Speaking to Bloomberg on Feb. 14, Edward Moya, senior market analyst at online forex broker […]
Continue Reading
Here are five altcoins that rallied as Bitcoin’s dominance rate dropped from 68% to 62% and the party looks set to continue. On Feb. 12, the crypto market achieved a new milestone by climbing above the $300 billion market capitalization mark for the first time in 6-months. This shows interest in the sector continues to […]
Continue Reading
The crypto markets are in a strong bull trend but the rally could hit rough weather as the uptrend begins to look overextended. The total crypto market capitalization has topped $300 billion for the first time since early-August of 2019. This shows that the bulls are back in action. Interestingly, it is not only the […]
Continue Reading
Most major cryptocurrencies are nearing stiff resistance levels, which can result in a few days of consolidation or a minor correction. The institutional investors have maintained their bullish stance on Bitcoin. Though the spot price is yet to hit $10,000, CME Bitcoin futures have already reached the five-figure mark. Additionally, the Bitcoin futures open interest […]
Continue Reading
Tezos (XTZ) has rallied more than 80% in 2020 and the altcoin continues to stun investors as the price marches higher in its USD and BTC pair. Since the start of the year Bitcoin (BTC) has gained approximately 41% and on Feb. 5 the crypto asset thrilled investors as the price broke through the $9,500 […]
Continue Reading
Bitcoin’s dominance continues to drop as altcoins outperform the largest cryptocurrency. Although Bitcoin has rallied about 33% year-to-date, its dominance has dipped to 64.40%, its lowest level since July 2019. This shows that altcoins have continued to outperform Bitcoin. However, with the Bitcoin halving fast approaching, the digital asset’s volatility is likely to pick up. […]
Continue Reading
XRP and XLM are following the path of other altcoins that recently broke above their long term downtrends with impressive double-digit gains. While many altcoins have been showing significant strength during the recent weeks, some have been lagging. One of these coins is XRP (XRP), which is still hovering around key support and has yet […]
Continue Reading
As the sentiment in the Bitcoin and cryptocurrency markets has turned positive, this dip should be viewed as a buying opportunity. The recovery in cryptocurrency prices has ignited interest among institutional investors. In 2019, dedicated crypto funds returned more than 16% according to Eurekahedge while traditional hedge fund strategies returned 10.4% according to Hedge Fund […]
Continue Reading