Price Analysis

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 shows two withdrawals of more than 12,000 Bitcoin each from Coinbase Pro this week, …

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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 par or a better store of value than gold. Wood also said that if Bitcoin …

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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 up 20% over the past 24 hours and nearing its all-time high.  The current highs above $27 is an …

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Top 5 cryptocurrencies to watch this week: BTC, ETH, XMR, XEM, AAVE

December is proving to be another blockbuster month for Bitcoin as the flow of institutional investors injecting funds into Bitcoin continues to increase. Business intelligence firm MicroStrategy announced that it had raised $650 million worth of convertible bonds at a rate of 0.75% due in 2025. The company now plans to invest the net proceeds …

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Bitcoin price suddenly regains bullish momentum with $20K in sight

Bitcoin (BTC) remains in the spotlight after MassMutual became the latest company to allocate $100 million of its portfolio into Bitcoin. This is adding to the impressive buy pressure at the moment, renewing hopes of Bitcoin breaking $20,000 in December.  While a correction occurred in the past week, Bitcoin’s price bounced above the crucial level …

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Price analysis 12/9: BTC, ETH, XRP, LTC, BCH, LINK, DOT, ADA, BNB, XLM

in a recent Reddit “Ask Me Anything” session, billionaire Ray Dalio warned investors that the current astronomical pace of money printing is unlikely to stop in the near future and holding wealth in cash could lead to losses. Dalio said that Bitcoin (BTC) “could serve as a diversifier to gold and other such storehold of wealth …

Price analysis 12/9: BTC, ETH, XRP, LTC, BCH, LINK, DOT, ADA, BNB, XLM Read More »

Top 5 cryptocurrencies to watch this week: BTC, ETH, XMR, VET, AAVE

Bitcoin’s (BTC) price has been hovering near the $19,000 level for the past few days. Whenever the price consolidates near the all-time high, it is an indication of strength. However, the question troubling investors is whether Bitcoin will source enough momentum to pull above $20,000 or will it witness a sharp correction in the short …

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Bitcoin traders nervous after $19.5K rejection — Here are the bear, bull scenarios

The price of Bitcoin (BTC) was rejected by the $19,500 resistance level yet again on Dec. 4, with traders becoming increasingly uncertain about what’s next for BTC/USD. Bitcoin rally keeps stalling at $19,500 Some foresee the dominant cryptocurrency undergoing a consolidation phase or another minor correction in the near term, particularly as the U.S. dollar …

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Bitcoin price correction begins — Here’s how low BTC can go

The price of Bitcoin (BTC) has been seeing a massive run in recent months as it surged by almost 100% from $10,000 to $19,800. However, the all-time high region at $20,000 has been showing significant resistance, causing the price to drop several times including today as BTC has now fall below $19,000 on Dec. 4. …

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Yearn.finance mergers and sideways Bitcoin price propel DeFi tokens higher

Yearn.finance has been busy announcing a slew of mergers in the past week and these have the DeFi space buzzing once again. Just after the Yearn and Pickle finance merger, Yearn has announced a partnership with Cream to launch Cream v2. Some of the key takeaways are that teams from both protocols will merge their …

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