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“# Ethereum tumbles below $600 as XRP debacle takes a toll on altcoins ” XRP has been showing massive weakness as the cryptocurrency is being sued by the SEC. Its price tumbled significantly from $0.65 to $0.21 in four days, a crash of 67%. Meanwhile, other altcoins also corrected significantly in the past 24 hours as…
“# $500M in Bitcoin leaves Coinbase as institutions buy more than miners sell ” Bitcoin (BTC) saw fresh rejection at $24,000 overnight on Dec. 24, but data shows that appetite for big buy-ins is only increasing. As recorded by on-chain analytics resource CryptoQuant, institution-focused exchange Coinbase Pro alone saw two large withdrawals of more than…
“# 3 reasons why XRP price can continue to fall after a 63% crash in four days ” XRP price dropped steeply below $0.3 on Dec. 24, hitting as low as $0.2138 on Binance. The selling pressure on XRP has intensified in the aftermath of the high-profile lawsuit filed by the United States Securities and…
“# How the most popular Bitcoin price prediction models fared in 2020 ” From $3,600 lows to all-time highs of just above $24,000, 2020 was the year that Bitcoin (BTC) surprised analysts like never before. With predicting its next move becoming ever more difficult, there’s likewise never been more demand for an accurate Bitcoin price…
“# Price analysis 12/23: BTC, ETH, XRP, LTC, BCH, LINK, BNB, ADA, DOT, XLM ” The current crypto bull run has been spearheaded by Bitcoin (BTC). As the United States Securities and Exchange Commission has previously hinted that Bitcoin is not a security, the regulator’s current lawsuit against Ripple is unlikely to stop the institutional…
“# Bitcoin dominance hits 1-year peak amid XRP sell-off as $24K briefly returns ” Bitcoin (BTC) kept the volatility coming on Dec. 23 as a dive to $22,800 sparked a lightning-fast rally to classic $24,000 resistance. Cryptocurrency market daily performance. Source: Coin360 BTC dominance hits highest since late 2019 Data from Cointelegraph Markets, Coin360 and…
“# SNX price soars 100% in December — What’s driving the rally for Synthetix? ” Synthetix Network Token (SNX), the native token of Synthetix — a decentralized finance derivatives protocol — has been surging throughout the past week and is now worth over $7.87 as of Dec. 23. The primary catalyst behind SNX has been…
“# Bitcoin price drops to $23K in minutes despite huge new Grayscale buy-in ” Bitcoin (BTC) fell by almost $1,000 in under an hour on Dec. 23 as spot markets refused to buy fresh good news from institutional investors. Cryptocurrency market overview from Coin360. BTC price spooked near $24,000 sell wall Data from Cointelegraph Markets,…
“# XRP price falls 24% in 24 hours as exchanges begin delisting ” XRP price fell 41% on Binance over the past three days as news of the lawsuit by the U.S. Securities and Exchange Commission (SEC)’s against Ripple became apparent. As a result, several small exchanges have already halted XRP trading. So far, three small exchanges, namely…
“# These 4 key Bitcoin price metrics clearly reflect traders’ bullish optimism ” As Bitcoin (BTC) price tested the $17,580 low on Dec. 11, investors remained relatively calm despite some analysts issuing bearish estimates. Last week’s trading may have finished at the same level where it started, but the fundamentals for Bitcoin have become even…