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Several altcoins are moving to new all-time highs as bulls struggle to lift Bitcoin price above $60,000, the Cointelegraph predicts. A report by Deutsche Bank Research said that Bitcoin (BTC) has become “too important to ignore” and may attract regulation by the end of 2021. Deutsche Bank analysts expect Bitcoin to reach a turning point in about […]
Bitcoin and most major altcoins are witnessing strong buying at lower levels, indicating the start of a relief rally, the Cointelegraph reported on February 1. The U.S. bond yields have softened and this has ignited investor’s appetite for risk-on assets. After a negative closing last week, the S&P 500 has started the current week on a positive note. […]
Bitcoin and most major altcoins remain rangebound with the exception of Cardano. Every bull market witnesses periodic pullbacks, where the weaker hands sell anticipating a top and the stronger hands accumulate for the long term. Data from Coinbase Pro shows two large Bitcoin (BTC) outflows this week, suggesting that institutions are likely continueing to buy the current […]
Bitcoin and altcoins both saw a strong bounce off their intraday lows, which signals that traders still view dips as buying opportunities. Every uptrend witnesses periodic bouts of profit-booking as short-term traders tend to unwind positions either on adverse news or at critical technical resistance levels. This occurred with Bitcoin (BTC) today as the price […]
Altcoins are soaring to new highs while Bitcoin price trades in a sideways range near the $47,000 support. Financial regulators across the world finally seem to be warming up to the idea that cryptocurrencies can trade in tandem with stock markets and also in exchange-traded funds (ETF). On Feb. 11, Canada’s Ontario Securities Commission approved the proposal […]
LINK is in price discovery mode but one chart suggests it’s about to explode by 154%, the Cointelegraph predicts. You could literally hear the Bitcoin (BTC) hodlers cheering from the rooftops as the world’s largest whale publically entered the market this week. But as Bitcoin screamed toward $50,000, altcoin hodlers looked on in horror as their […]
Investors look to be temporarily shifting focus away from bitcoin and toward crypto tokens associated with decentralized finance (DeFi), the CoinDesk writes. In the past 24 hours, DeFi-linked coins such as COMP, AAVE, KNC and ZRX have all leapt to fresh lifetime highs. Compound’s governance token COMP clocked a new record of $500, taking the […]
As the Cointelegraph announced, Bitcoin price is trading in a tight range, which is allowing multiple altcoins to push higher. Tesla CEO Elon Musk recently voiced his support for Bitcoin (BTC) during a chat with Clubhouse. Musk said that his friends tried to onboard him to the Bitcoin bandwagon as early as 2013, but the world’s richest […]
Chainlink (LINK) was soaring high in the early European trading session Thursday as traders continued to seek hedge in the cryptocurrency market against a choppy Bitcoin. The LINK-to-dollar exchange rate surged to $24.9, up 15.16 percent from its intraday opening value. The latest upside appeared near a confluence of supports around the $19-20 price range, […]
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, […]