Market Update: Crypto Prices Drop Fast, Bitcoin Loses $2K, Correction Considered Healthy

Market Update: Crypto Prices Drop Fast, Bitcoin Loses $2K, Correction Considered HealthyThe price of bitcoin and a great number of digital assets plunged in value during the early morning trading sessions on November 26, 2020. Bitcoin’s price dropped from a high of $19,319 on Wednesday evening only to lose over $2,000 during the course of the morning hours (EST) on Thursday morning. Cryptocurrency markets have shed […]

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XRP Price Climbed 123% in 30 Days, Spark Token Airdrop Pushes Value Higher

XRP Price Climbed 123% in 30 Days, Spark Token Airdrop Pushes Value HigherDuring the course of the week digital currency markets have seen colossal gains and one crypto asset, in particular, XRP, has jumped significantly in value over the last seven days. The distributed ledger token XRP climbed 25% upwards on Tuesday alone, and seven-day price stats show the coin has gained 123% as well. At the […]

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Previous Bitcoin Bull Run Patterns Suggest Current Run Could See a $160K Top, Possible $25K Bottom

Previous Bitcoin Bull Run Patterns Suggest Current Run Could See a $160K Top, Possible $25K BottomWhile digital currency markets have increased significantly in value a number of crypto asset proponents are wondering how far the next bull run will take them. For instance, the last three bitcoin bull runs saw different price spikes and significant drops below 80% as well. If the next bitcoin bull run follows a similar pattern, […]

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Market Update: Crypto Asset Prices Spike Massively, Speculators Claim ‘Altcoin Season’ Is Here

Market Update: Crypto Asset Prices Spike Massively, Speculators Claim 'Altcoin Season' Is HereA number of crypto-asset markets saw significant gains on Saturday, as a myriad of digital assets spiked between 4-40% in value during the last 24 hours. The entire crypto market capitalization had risen above $540 billion, as top-ten coin values from the likes of bitcoin cash, cardano and XRP jumped massively in value. On Saturday, […]

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Bitcoin Touches $18K, Crypto Asset Looks to Smash All-Time High, ETH Price Could Spike 20x

Bitcoin Touches $18K, Crypto Asset Looks to Smash All-Time High, ETH Price Could Spike 20xOn Wednesday, November 18, 2020, the price of bitcoin has been coasting along at levels not seen since the decentralized currency’s all-time high three years ago in 2017. The cryptocurrency’s market capitalization is currently hovering at around $334 billion today. Likewise, the daily rate of bitcoin issuance during the last three years makes the overall […]

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BTC Options Open Interest Surges, Traders Look to an Unfilled Bitcoin Futures Gap at $18K

Bitcoin prices have been volatile during the last few weeks, but have managed to climb higher in value at the same time. This week bitcoin derivatives markets, specifically futures and options, show that crypto asset traders should expect more swings going forward. Some traders believe that the digital currency’s price could fill two unfilled gaps […]

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Market Update: Bitcoin Spikes Over $16K, RSI Levels Warm Up, Price Retracts for Another Attempt

Market Update: Bitcoin Spikes Over $16K, RSI Levels Warm Up, Price Retracts for Another AttemptDigital currency markets have seen some decent gains this week, as the overall market valuation of all 7,000+ crypto assets is hovering above the $446 billion mark. Traders also watched the price of bitcoin jump above the $16k zone on Thursday for the first time since 2018. Bitcoin and a number of other crypto-assets have […]

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Report: Blockchain Price Oracle Manipulation Produces Millions in Losses, Shows No Signs of Slowing

Report: Blockchain Price Oracle Manipulation Produces Millions in Losses, Shows No Signs of SlowingOn November 9, a writer from the website samczsun.com published a report that shows a number of issues with price oracle manipulation stemming from a few blockchain applications. The researcher notes that price oracle manipulation has resulted in “over $30 [million] in losses so far.” According to the researcher from samczsun.com there’s been a substantial […]

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If Bitcoin Passes $14K, Analysts Say Traders ‘Should Look to $20,000’ Instead of Looking Back

If Bitcoin Passes $14K, Analysts Say Bitcoin Traders 'Should Look to $20,000' Instead of Looking BackWhile bitcoin prices touched all-time 2020 highs on Tuesday, a few analysts say they are expecting only a few more hurdles to surpass the 2017 all-time high (ATH). For instance, the market analyst from Etoro, David Derhy, says to look to $20,000 instead of back at $12,000. A few traders and popular cryptocurrency analysts think […]

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Market Update: Bitcoin Nears $13,000, Holds Record-Breaking 87-Day Streak Above $10K

Market Update: Bitcoin Nears $13,000, Holds Record-Breaking 87-Day Streak Above $10KCryptocurrency markets have seen intense gains on Wednesday after the payment processor Paypal announced it would be supporting digital currencies. At the time of publication, the market cap of all 7,000+ digital assets has gained 5.6% hovering above $379 billion during the afternoon trading sessions. Digital currency markets have increased a great deal during the […]

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