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Institutional investors have rallied around XRP and other altcoins this past week, with nearly $33 million being injected in XRP investment products, the Cointelegraph writes. Institutional investors have rallied around XRP this past week, with the assets under management, or XRP investment products, nearly doubling. According to CoinShares’ “Digital Asset Fund Flows Weekly” report, roughly $33 million flowed […]
DOGE, the native cryptocurrency of Dogecoin, rose 123% in the past seven days as the altcoin market saw a resurgence in momentum. The price of Dogecoin (DOGE) has rallied by more than 123% this week, hitting a new all-time high of $0.13 on strong technical momentum. It has been competing against Chainlink’s LINK for the […]
As the Cointelegraph announced, the bullish price action from ETH, BNB, DOT and EOS show that altcoins have capitalized on Bitcoin’s range-bound trading below the $60,000 level. Historical trends act as a gauge for traders to assess the possibilities for the future. April has been a bullish month for Bitcoin (BTC) with eight monthly closes […]
If bulls can propel Bitcoin to a new all-time high, UNI, LUNA, THETA and FIL are likely to outperform their competitors. Bitcoin (BTC) has been facing stiff resistance near the $60,000 level for the past few days. This suggests that market participants are cautious at these levels and a positive trigger may be needed to […]
Bitcoin (BTC) trading around $55,736.37 as of 20:00 UTC (4 p.m. ET). Sliding 1.73% over the previous 24 hours. Bitcoin’s 24-hour range: $53,350.37-$56,988.34 (CoinDesk 20) BTC trades between its 10-hour and 50-hour averages on the hourly chart, a sideways signal for market technicians. Bitcoin traded in a narrowed range as Monday’s sell-off appeared to subside and […]
Litecoin has had a brutal “bull market” if you can even call it that for the once popular cryptocurrency built on Bitcoin’s code. However, that all might soon turn around, as a massive bounce is brewing on the LTCBTC trading pair. A reversal on the trading pair could help Litecoin catch up to the rest of […]
Federal Reserve chairman Jerome Powell is expected to address rising bond yields later on Thursday. Bitcoin’s recovery appears to have stalled as caution sets in ahead of expected comments from Federal Reserve Chairman Jerome Powell later on Thursday. The cryptocurrency is currently nursing losses below $50,000, having bounced from $43,000 to $52,500 in the past […]
What will the bitcoin cryptocurrency be when it grows up? Andreas Antonopoulos, an undisputed Ambassador of Bitcoin, thinks it’s unlikely to be any one singular thing. “There is no unified use case,” he says. “The idea that bitcoin will be used as a store of value or that bitcoin will be used as a medium […]
Indicators point to the moon as an ailing macro economy provides a mass influx of retail investors into Bitcoin. Bitcoin (BTC) is looking increasingly like it is in a “supercycle,” not just a bull cycle, statistician Willy Woo suggests. In a Twitter exchange on Feb. 12, the popular analyst joined Dan Held, growth lead at U.S. exchange […]
The cryptocurrency is now up 105% since Jan. 1, 2021. The native cryptocurrency of decentralized oracle provider Chainlink has soared to a new all-time high above $25. At around 15:30 UTC Saturday, the LINK (-3.01%) cryptocurrency reached the new record peak of $25.51 following a sharp rise over several hours. On Sunday, prices had dropped slightly to $24.80, […]