Ethereum is slipping lower despite a 5% rally in the price of Bitcoin, seemingly spurred by the inflows of MicroStrategy’s latest over $100 million BTC purchase. The leading cryptocurrency has slid from its local highs near $390, set last week, to $355 as of this article’s writing. The coin reached as high as $375 earlier …
Bitcoin’s Hash Rate Hits New Highs, Leading to Imminent +11% Difficulty Adjustment
Bitcoin’s recent price turbulence has not been emblematic of its underlying strength, as the cryptocurrency’s hash rate has been plowing higher throughout the past several weeks and months, just setting another fresh all-time high. This metric’s growth signals that demand for the Bitcoin network is incredibly high at the moment, despite many of the cryptocurrency’s …
YAM V3 Coming This Week, But DeFi Community Remains Wary
Having failed spectacularly the first time around, controversial “experimental” DeFi project YAM is preparing to launch Version 3 on Friday, September 18. After a month of interim governance and auditing, YAM is set to relaunch on Friday, September 18. Please see here for full information: https://t.co/1Mra5biT59 You can view the audit here:https://t.co/VhITXIBIN3 — Yam Finance …
Did Bitcoin Just Confirm It’s Largest Reversal Pattern In History?
All eyes are on Bitcoin and more specifically if the cryptocurrency is able to hold above both the “meme” downtrend line and the critical level of $10,000. The asset thus far has held strong, confirming both former resistance levels as support. But at the same time, the leading cryptocurrency by market cap may have also …
Bitcoin Could Soon See Explosive Momentum if It Shatters One Key Level
Bitcoin’s bulls are flexing their strength today, pushing the benchmark digital asset towards $11,000 as they attempt to reverse the recent downtrend that it has been caught within. There’s no doubt that today’s move – coupled with that seen yesterday – is positive for the crypto’s near-term outlook, but it is important to keep in …
MiL.k, Bithumb and Yanolja Unite to Boost Crypto Adoption
The crypto industry is no stranger to strategic partnerships, and to the string of previous alliances, we can now add a new trifecta. In this instance, the accord has been struck by blockchain rewards integration platform MiL.k, South Korea’s largest online travel agency Yanolja, and long-established crypto exchange Bithumb. As part of the new business …
Bitcoin Surges Towards $10,800 as Recovery Continues: Here’s What Comes Next
Bitcoin is surging higher as legacy markets rally. The leading cryptocurrency is up around 5% in the past 24 hours, outpacing many altcoins, with focus re-centering on BTC. The cryptocurrency seems to be benefiting from a drop in the value of the U.S. dollar. This has historically sent both gold and Bitcoin, along with the …
Binance Coin Jumps 17% Rally by Mid-September; Could It Hit $40?
Binance Coin (Symbol: BNBUSD) is the only top tier cryptocurrency that has returned profits to its investors in the first half of September. The seventh-largest crypto by market capitalization was up by circa 17 percent, trading at $29.07 as of 1023 GMT, Tuesday. At the same time, other leading cryptocurrencies, including Bitcoin, Ethereum, and XRP, …
Bitcoin Jumps 5%, But $11,000 Is Still A Crucial Breakout Resistance
Bitcoin price is slowly gaining momentum and it broke the $10,700 resistance against the US Dollar. BTC is up 5%, but it is still facing a major resistance near $10,800 and $11,000. Bitcoin is rising and it broke the $10,500 and $10,700 resistance levels. It is now trading well above the $10,580 pivot level and …
Bitcoin Cash Rallies 7%, More Upsides Likely If BCH Clears 100 SMA
Bitcoin cash price rallied over 6% and it broke the $230 and $235 resistance levels against the US Dollar. BCH is likely to continue higher towards $250 if it clears the 100 SMA (H4). Bitcoin cash price is gaining momentum above the $235 resistance level against the US Dollar. The price is currently facing hurdles …