Over the past 48 hours, ETH went through an intense rally as the crypto market rebounded from the weekly lows. Analysts are now claiming it would explode beyond $500 once it approaches crucial resistance. In the past 24 hours alone, Ethereum’s price is currently $473 and is up 5 percent. Analysts are anticipating further gains […]
In late October, the Bitcoin hash rate has dove intensely. The metric fell from approximately 170 exahashes to a low near 90 exahashes per second. It tracks how much computational power is in use to mine Bitcoin. Soon, as analysts are saying, the bitcoin hash rate may print a “buy”. Moreover, as block times naturally […]
Just this morning, Bitcoin witnessed intense volatility. It was likely because of that seen within the global markets. Various pre precious metals and so-called “safe haven assets” are dropping because of the positive vaccine news. On the other hand, stocks are rallying. However, Bitcoin has seen a dip below the key support level. There was […]
Lately, Chainlink’s price action has been releasing a positive vibe. Bulls have been gaining momentum as the aggregated DeFi sector rebounds and were breaking the resistance that previously sat around $12.00. Nonetheless, bulls stayed in control. After all the chaos seen by ETH and BTC, the cryptocurrency has held up quite well today. The positive […]
Since Ethereum’s $460 highs, it dropped continuously. Moreover, analysts are now saying it will go as high as $500 after its bounce at $420. Currently, the coin of the leading cryptocurrency is trading for $440. However, analysts are saying that it could catch a bid it will go lower. Specifically, analysts are keeping an eye […]
Over the past few days, Ethereum has experienced a firm rally. It pushed as high as $470. Analysts are even saying it is possible for it to go higher. In the past 24 hours, despite Bitcoin stagnating in the high-$15,000s, ETH is up around 10%. Other altcoins have experienced a rebound, thus came the Ethereum’s […]
As the cryptocurrency goes $16,000, influential Bitcoin traders are moving their funds into spot exchanges. According to an analyst, Bitcoin Inflow touches the danger zone as price nears $16K. Chief executive of data aggregation service CryptoQuant, Ki-Young Ju, discussed in a tweet that on Friday, All Exchange Inflow Mean spiked above 2 BTC. It is […]
Throughout the past couple of months, like many other digital assets in the DeFi sector, Uniswap’s UNI has witnessed a strong selloff. Moreover, its post-launch highs of $8.50 commemorate a macro top. It is over 4 times beyond where it is currently trading. As large holders start offloading their UNI, the decline happened. Furthermore, there […]
Bitcoin hits a three-year high above $14,000 along with an inclination to test $12,000 in the coming sessions. After that, it is now going through a short-term trend reversal, says Dmitriy Lavrov. An analyst is now saying there would be a bull trap at $12,000. Moreover, there was an independent market analyst who correctly predicted […]
Most investors were shocked because of Bitcoin’s recent price action. There were a huge number of investors that were short Bitcoin via futures contracts before this move higher and even during this move higher. The negative funding rates posted by Bitcoin futures markets are enough evidence of this. Which indicated the existence of aggressive short […]