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A few major cryptocurrencies are in an uptrend and they could offer buying opportunities in the short-term, the Cointelegraph reported. For some reason, Bitcoin (BTC) analysts never take the middle path. They either project that the price will go to the moon or warn of imminent doom. After surviving and thriving for over a decade and being […]
Most major cryptocurrencies have turned down from their immediate resistance levels, which suggests a minor correction in the next few days, the Cointelegraph writes. While retail traders fret over whether Bitcoin (BTC) will break above $10,000 or not, the institutional players silently continue to build positions. On May 19 major digital asset management fund Grayscale […]
Altcoins are currently following Bitcoin price but soon they are likely to decouple and chart their own course. History suggests that Bitcoin (BTC) halvings have led to massive bull runs. After the first halving in November 2012, the top-ranked cryptocurrency on CoinMarketCap surged 10,000% from late 2012 to 2014. The second halving that took place in July 2016 produced […]
Several major cryptocurrencies have seen strong buying at lower levels, suggesting that the uptrend is likely to resume once Bitcoin finds support, the Cointelegraph reported. Bitcoin (BTC) rallied above $10,000 on May 7 and just when everyone was getting ready for the long-anticipated halving surge the top-ranked cryptocurrency on CoinMarketCap plunged over 15% to hit a low of $8,130.58. […]
After Bitcoin’s rally, several major cryptocurrencies are attempting to resume their up move. Billionaire hedge fund manager Paul Tudor Jones has added Bitcoin (BTC) to his portfolio. In a letter to his clients, Jones said that the top-ranked cryptocurrency on CoinMarketCap was likely to play a similar role to the one that was played by gold in the […]
Tezos and Chainlink are the top-performing cryptocurrencies as Bitcoin is consolidating with a week left before the halving, the Cointelegraph reported. When Bitcoin (BTC) goes down, Chainlink (LINK) and Tezos (XTZ) go down. But when Bitcoin starts to move upwards, a much bigger move can usually be expected from these two coins as well. As […]
Most major cryptocurrencies are facing resistance at higher levels, meaning a few days of consolidation could be needed before the rally can resume, the Cointelegraph reported in analysis. The total crypto market capitalization has jumped from about $198 billion on April 22 to over $263 billion on April 30. This 32% rally in roughly eight days shows […]
Tezos failed to retest its all-time high after finding sellers near its local top. The XTZ-to-dollar exchange rate corrected downwards by more than 9 percent after logging four consecutive bullish sessions. It is now eyeing a deeper pullback but could resume its uptrend owing to macro cryptocurrency market narrative. Tezos (XTZ) was going to establish a […]
The number of Bitcoin whales holding at least 1,000 BTC has been rising for the past few months, according to a report by Glassnode. The report also highlights that the accumulation continued during the recent slump on March 12 and 13 when Bitcoin’s price dropped below $4,000 levels. This suggests that the whales are bullish on Bitcoin […]
Few cryptocurrency assets have had as strong a showing in early 2020 as Tezos. But just as most assets got caught up in last month’s record-breaking selloff, so did the previously skyrocketing altcoin. However, chart patterns across both USD and BTC pairs are showing signs that the asset is ready to take off once again, and […]