With Bitcoin’s current volatility at record low levels, altcoins have gotten the most gains in June 2020. According to Binance’s new monthly report, cryptocurrencies overall delivered mixed performance, but altcoins like LINK and ADA delivered good returns. Binance recently published its June Monthly Trading Report and revealed the top cryptocurrencies with the Read more…
In what seems to be an attack on twitter, famous celebrities like Elon Musk and few major crypto twitter accounts were used to roll out a seemingly bitcoin scam. The fake posts include a BTC address and promises anyone double returns on their deposits. #TwitterHacked Trending with Account Including Elon Musk Read more…
New York-based crypto-fund manager Grayscale today reported a record $906 million in crypto inflows in the second quarter of 2020 — nearly double its previous record set in Q1 at $500 million. The new data suggest that institutional investors, dominated by hedge funds, have been scooping up Bitcoin products, despite Read more…
Ethereum is currently undervalued and is poised to increase in the long-term, potentially reaching market cap parity with Bitcoin, some analysts claim. Ethereum Might Be Bullish In the Long-Term As Ethereum is getting closer to its 5th anniversary, some market onlookers are waiting for its revival, especially amid the context of Read more…
Trading in financial markets can be a profitable but also dangerous endeavor. It requires knowledge, skills, and experience no matter the market traders are employing. Of course, gaining experience could be related to actually registering losses but it could also help to learn from traders with a long history in Read more…
Boris Schlossberg, the managing director of FX Strategy at BK Asset Management and a long-time bitcoin bear, has joked gold is the “real bitcoin” when commenting on the precious metal’s rise to a near nine-year high. Schlossberg’s comments came on CNBC’s “Trading Nation,” where said stimulus form global central banks that fuelled Read more…
According to Mr. Edwards, the price of the flagship cryptocurrency needs to reach at least the $9,230 level in order to confirm the bullish stage of the ‘Hash Ribbon’ cycle. The ‘Hash Ribbon’ indicator is based on a correlation between a 1-month simple moving average (1M SMA) and a 2-month simple moving average Read more…
In a recent interview, former NFL player, professional investor, financial markets analyst, and a CNBC contributor Jon Najarian talked about how he invests in crypto (and especially Bitcoin) for his personal portfolio. According to his CNBC bio, Najarian was a linebacker for the Chicago Bears, one of the teams in the National Football League (NFL), which Read more…
Ripple (XRP) price has corrected around 5% after hitting a 1-month high above the $0.21 mark. The buyers failed to clear this resistance line, which prompted the sellers to force a correction lower. However, buyers are still in control. Fundamental analysis: Market prices are not controlled by the whales, says Ripple Read more…
Cardano (ADA) is the only top ten digital assets in the green over the past 30 days, up by an incredible 44.4% since this time last month. By comparison, Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) are all down by between 3 to 6% – along with the majority of Read more…