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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…
“# Bitcoin rebounds despite ‘COVID-20’ fears — But is the correction now over? ” Bitcoin (BTC) price has been on a tear in recent months, leading to a new all-time high at $24,200. However, BTC saw a correction on Dec. 21 as the equity markets also opened in the red. Bitcoin’s price dropped by 6%…
“# Top 5 cryptocurrencies to watch this week: BTC, ETH, LTC, ADA, BNB ” When the price of an asset hits a new all-time high, momentum traders plow in as they sense an opportunity to ride the trade higher. The same was seen after Bitcoin (BTC) price broke above the $20,000 mark on Dec. 16….
“# Bitcoin price can hit $25K before 2021 if this key support level holds ” Bitcoin (BTC) price has seen a massive rally in previous months, accelerating from $10,000 to a recent all-time high of around $23,700. This is a rally of 135% in just a matter of a few months. It’s speculative to discuss…
“# Price analysis 12/18: BTC, ETH, XRP, LTC, BCH, LINK, ADA, DOT, BNB, XLM ” Christopher Wood, the global head of equity strategy at Jefferies, has dumped five percent of their physical gold position in order to buy Bitcoin (BTC). This move shows that a growing number of institutional investors consider Bitcoin to be at…
“# Elrond up 20% in 24 hours as EGLD price triples in December — Can the rally continue? ” With Bitcoin (BTC) largely in the spotlight after hitting a new all-time high of nearly $24,000, other projects are starting to ride BTC’s coattails as well. One of the latest standouts is Elrond (EGLD), which is…
“# Price analysis 12/16: BTC, ETH, XRP, LTC, BCH, LINK, ADA, DOT, BNB, XLM ” Crypto traders and investors received an early Christmas gift today as Bitcoin (BTC) price cleared the $20,000 psychological milestone for the first time in history. Today’s breakout is equally significant as it serves to heal the scars of the traders…
“# Ethereum smashes past $600 as CME unveils ETH futures product ” Ether (ETH) has followed the breakout above $20,000 for Bitcoin (BTC) on Dec. 17, boosted by some big news from the Chicago Mercantile Exchange (CME). The CME just announced that they’d be launching Ether futures in 2021. “Based on increasing client demand and robust growth…
“# Price analysis 12/14: BTC, ETH, XRP, LTC, BCH, LINK, ADA, DOT, BNB, XLM ” Strategists at JPMorgan said in a note that MassMutual’s $100 million Bitcoin (BTC) purchase shows that insurance firms and pension funds are now adopting Bitcoin. According to the analysts, typically this class of institutional investors is conservative in their style of…
“# XRP price drops 13% since Flare Network airdrop — But the bottom may be close ” XRP is another cryptocurrency that has been doing well besides Bitcoin (BTC) in the past few months. However, its price has been slumping lately dropping below $0.50 on Dec. 14, or down nearly 15% over the past two days. On…