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“# Does a stronger dollar mean Bitcoin price is destined to lose $30K? ” Bitcoin price has been accelerating massively in recent months, with Bitcoin (BTC) rallying from $10,000 to $41,500. This rally went vertical without any major corrections in between. However, every upward cycle has its standard 30% corrections, which can even be considered…
“# Top 5 cryptocurrencies to watch this week: BTC, ADA, EOS, THETA, AAVE ” During an interview with Bloomberg, Grayscale CEO Michael Sonnenshein said that in addition to hedge funds, pension funds and endowments had also started investing in the Grayscale family of products. This suggests that a broad spectrum of institutions are accumulating Bitcoin…
“# XRP price must break this key resistance to regain bullish momentum ” XRP holders are still struggling around the $0.30 area while the majority of the cryptocurrency markets are euphoric with Bitcoin (BTC) price surpassing $40,000. BTC price is currently over 100% higher than the previous all-time high in 2017, while XRP’s price is still…
“# Tezos (XTZ), Synthetix (SNX) and Yearn.finance (YFI) lead the DeFi revival ” The strength of Bitcoin’s (BTC) uptrend appears to be growing as the top-ranked digital asset soared above $40,000 earlier today. It’s probably safe to say that many investors are completely astounded by the fact that BTC has doubled its value only a month…
“# Warp speed to $2,000? Watch these levels as Ethereum nears all-time high ” Bitcoin (BTC) is currently approaching $40,000 after seeing massive gains in the first seven days of 2021. This is a 100% move up from the previous all-time high in December 2017. In other words, the price levels it took Bitcoin three…
“# Hegic, Loopring, and FTX Token surge higher as Bitcoin price recovers ” Bitcoin price may have taken a temporary breather but the sharp correction below $30,000 did little to dismay the bullish sentiment of crypto market participants. The CME Bitcoin futures market reached an all-time high volume at $2.7 billion on Jan. 4 and…
“# Is Bitcoin’s vertical rally in danger? Why $30K isn’t the only level to watch ” Bitcoin (BTC) had a tremendous 2020 as the BTC price rallied by 311% in 2020. In the shadows of Bitcoin, Ether (ETH) has also been seeing a fantastic year as Ether’s price rallied by an even bigger 475%. While…
“# Top 5 cryptocurrencies to watch this week: BTC, ETH, DOT, BNB, UNI ” Bitcoin (BTC) has consistently been hitting new all-time highs over the weekend, but the latest surge has also created a new high against gold, according to MarketWatch data. This suggests that Bitcoin has been gaining acceptance as the new store of…
“# Top 5 cryptocurrencies to watch this week: BTC, LTC, BCH, XMR, THETA ” The supply and demand equation determines the price of an asset. In the past few months, the uptick in institutional demand for Bitcoin (BTC) has resulted in a strong bull run. This uptrend may continue until demand exceeds supply. On-chain data…
“# 2021 price outlook: BTC, ETH, XRP, LTC, BCH, LINK, ADA, BNB, DOT, XLM ” The year 2020 was a forgettable one for many reasons including lockdowns and economic restrictions. The shutdowns resulted in the worst economic crisis seen in decades. At the same time, most governments and central banks have responded with unprecedented fiscal…