Bitcoin Blockchain and Cryptocurrency News Center
Traders racing to exit leveraged positions on-chain appeared to drive a record spike in Ethereum gas prices yesterday, with users reporting transaction fees of more than $1,000 still got stuck. Ethereum fees surged to record highs amid the recent crypto downturn, with users paying more than 2,000 gwei to execute transactions at its peak. Digital asset […]
A “key level” comes into play as Bitcoin challenges longer-term support lines and deals a major blow to long positions. Bitcoin (BTC) fell by $8,000 in hours on Wednesday as hodlers saw a return of levels not seen since the start of February. Bitcoin comes for leveraged traders… again Data from Cointelegraph Markets Pro and TradingView showed BTC/USD stumbling […]
Ethereum has been steadily gaining 5% a day over the last week and is now reaching a new high of $2900, the Cointelegraph reported. Ethereum is currently trading at a new all-time high of $2866, with a market capitalization of $331 billion. New Month, New ATH For the first time in history, Ethereum was able […]
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 […]
Cardano (ADA/USD) bounces off a critical support trendline during the Asia-Pacific trading session Friday. The blockchain asset expects to close above key moving average waves on the prospect of turning into a multi-asset chain following its hard fork on March 1. Nonetheless, a death cross formation offsets the probability of more price legs higher. Levels […]
Bitcoin price has been in a strong uptrend since Black Thursday that turned fully parabolic in Q4, resulting in a new all-time high. But according to an analyst, the first-ever cryptocurrency is close to a breakdown of a parabolic curve that’s been supporting the upwards momentum for months. Is this the end of the uptrend? Or is […]
Less than a year after its launch, Binance Korea is closing its doors amid shrinking liquidity, the Cointelegraph reported on December, 24. Binance KR has decided to shutter its operations in South Korea according to an announcement released on Thursday. As part of the press statement, Binance KR attributed the move to declining liquidity and low trading volume […]
Bitcoin surged to new record highs above $23,000 earlier on Thursday, before quickly falling back by over $1,500. The cryptocurrency dropped from the all-time high of $23,770 to $22,185 in the roughly 30 minutes to 09:45 UTC – a 6.67% drop, according to the CoinDesk 20. Prices rose by more than $2,000 to reach new record […]
Analysts warn that a recovery in gold and the U.S. dollar index could negatively impact Bitcoin’s bullish momentum. Dan Tapiero, the co-founder of 10T Holdings, said weak hands have been shaken out in the gold market. This raises the probability of a gold rally in the near term, especially as it comes off of an […]
$32,000 per Bitcoin seemed unreasonable in October, but the 950% spike in the January call option suggests some traders think it’s a possibility. A month ago, one would be hard pressed to find any investor who would have expected a $32,000 Bitcoin (BTC) price for January. At the time, a 140% upside was needed from […]