Yesterday, Bitcoin encountered a significant influx of buying pressure. Because of it, Bitcoin’s price soared up towards $11,000. The upsurge happened minutes after Bitcoin’s weekly close, which was relatively strong. The strength of this movement was worth noticing. Moreover, BTC did not surrender yet any of its recent gains to sellers. Bitcoin is imperatively caught […]
In the early trading session Monday, ADA was trading higher. It is because the traders have piled up behind the token over its optimistic fundamentals. As of 10:25 GMT, ADA soared 3.3 percent to 970 sats. After the gains, a massive upside move followed which started on September 24, 2020. The ADA/BTC exchange rate since […]
Chainlink (LINK) has experienced a crash in the early part of last week. Nonetheless, it has been one of the top-performing crypto-assets. Analysts are saying it would move even higher. In the past 24 hours alone, the coin is up 5 percent. It outperforms Bitcoin’s 0 percent performance and ETH’s -1 percent performance. The technical […]
In the weeks after its intense rally to all-time highs of over $40,000, Yearn.finance’s price has been in chaos. Moreover, the Yearn ecosystem’s governance token has been consolidating from the recent selloff. Both sellers and buyers were not able to spark any sustained trend. The reason for this may be the fact that YFI is […]
In Ethereum’s DeFi ecosystem, Aave became a flagship product at a fast pace. In this kind of market, people can trustlessly borrow and lend crypto-assets like stablecoins. According to DeFi Pulse, in terms of total locked value, it is the third-biggest Ethereum protocol. The organization behind the deployment of the protocol has greatly influenced the […]
Ethereum’s recent rally and price action lately has been quite a chaos. It has been closely on track with Bitcoin. Moreover, the gains and the losses the benchmark cryptocurrency had were amplifying. Today has been an uneventful day for Ethereum. Its price was consolidating after its recent rally. After it saw a capitulatory decline down […]
As what the Bitcoin whale clusters suggest, the $10,407 level has become a strong support area. This also raises the possibility of having a fresh bullish uptrend. Moreover, the perspective of the Bitcoin market is now becoming optimistic. After Bitcoin’s recovery above $10,700, Bitcoin whale clusters say that the price could be in a short-term […]
Analysts are now cautiously bullish when it comes to Bitcoin price as it soared 6% to $10,750. Even after this price hike, various traders are still turning bullish. Furthermore, the price of Bitcoin today suddenly climbed by 6 percent to as high as $10,743 from $10,136. Analysts are now becoming cautiously bullish for many reasons […]
Bitcoin has once again experienced a rough trading session. As bulls guards against the potential downside, Bitcoin had a hard time to maintain its momentum. Yesterday afternoon, before bulls moved and slowed its dip, the benchmark cryptocurrency already went as low as $10,200. Because of the rebound from these lows, there was a slight uptrend […]
Throughout the past couple of months, MicroStrategy was loud on the news. In August, the Virginia-based company released an announcement regarding their plans to change their treasury reserves to Bitcoin from USD. They did this to have a defense against the devaluation of the US Dollar and inflation. These could have a significant effect on […]