The BTC markets have rallied to test resistance at the $10,000 area. Despite gaining 60% in just four weeks, BTC’s recent gains have been significantly overshadowed by those produced by many top performing cryptocurrency markets, including Bitcoin Cash – which has gained more than 225% since it’s early April lows. Also Read: Markets Update: BCH Prices […]
The post Markets Update: BTC Resistance at $10,000 Holds, Gains Dwarfed by Alternative Markets appeared first on Bitcoin News.
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In a small village in Ukraine, all residents are now owners of cryptocurrency, thanks to an initiative by the head of the village council. Cryptocurrencies, such as bitcoin and ether, can also be used in the village to purchase items such as eggs, lard, meat, and milk. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space […]
It seems all cryptocurrencies are still going through a bullish phase as of right now. With the Bitcoin Dominance Index on the decline, the altcoins are slowly making their mark on the industry. The Cardano price is a great example in this regard., as it has risen to $0.34 over the past few hours. A remarkable turn of events in the altcoin industry. Cardano Price Remains Bullish As is always the case when cryptocurrencies go through a bullish spell, there will be a brief correction afterward. In the case of the Cardano price, that correction has not been all that
The cryptocurrency markets have enjoyed a strong week, with BTC, BCH, and many altcoins generating significant gains in recent days. There is considerable uniformity shared among major altcoin markets, with many cryptocurrencies recovering to test the 0.236% retracement areas after breaking above descending trendlines. Also Read: Kraken CEO Condemns “Hostile” Questionnaire Issued by New York AG […]
Through this extended downtrend, one coin being challenged heavily is Ethereum (ETH). Ethereum has been subject to massive bleed since its peak prices earlier in this year. Today, ETH is trading below US$450, the lowest since December 7. Following December 7, Ethereum saw an explosion- tripling in value. Unfortunately, these gains have now been almost entirely erased. Beyond the overarching pressure of a global bear market, Ethereum has been subject to increased pressure due to the further developments of a number of cryptocurrencies and crypto-initiatives seeking to overtake the blockchain application platform. It can be argued that these competitors are
It has been a pretty interesting few days for all cryptocurrency markets. With most currencies noting small to medium gains, a trend reversal appears to be on our hands. As of right now, some coins are nothing some big gains as of right now, including Cardano. With the Cardano price shooting up by nearly 19% in the past 24 hours, things are looking good once again. Cardano Price is Moving Up Nicely It has become evident there are a few currencies out there which will rise in value quicker than the rest. This is especially true where lower-cap currencies are