Justin Sun, the CEO of the TRON Foundation, recently took to Twitter to deliver some predictably bullish — although, less so than usual — price predictions for both TRON (TRX) and BitTorrent Token (BTT), which launched on TRON earlier this year. In his tweet, Sun predicts that TRON will make its way back to the […]
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Markets Update: Crypto Assets See Fresh Gains
The cryptocurrency economy has seen further gains, as the entire market capitalization jumped to $ 179 billion during the early morning trading sessions on Sunday. Moreover, global trade volume spiked significantly, capturing roughly $ 61 billion in trades over the last 24 hours.
Also read: Bitcoin Cash Markets and Network Gather Strong Momentum in Q1
Dogecoin (DOGE) Gains Major Listing on Huobi Global
Dogecoin (DOGE), the popular meme-based cryptocurrency, recently became the latest altcoin listed on Huobi Global. It’s official: Huobi Global lets the #dogecoin out! Deposit your Dogecoin ( $ DOGE) now! Details here: https://t.co/uD2q4Uo04o@dogecoin @ummjackson @elonmusk #HAPPENINGNOW #cryptocurrency #HuobiGlobal pic.twitter.com/lwtPNQYuYN — HuobiGlobal (@HuobiGlobal) April 4, 2019 According to the announcement, DOGE/USDT, DOGE/BTC and DOGE/ETH trading and withdrawals became […]
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Nexo (NEXO) Gains 45% in February as Fundamentals Continue to Improve
Nexo’s token (NEXO) price jumped over 14% on Wednesday after the crypto-backed lending platform announced that it has already processed more than $ 300 million in only 7 months… You must be a subscriber to continue reading Members can login here. FREE 7-DAY TRIAL: Receive access to all Premium content. Subscribe for $ 10/month Subscribe for $ 60/year SludgeFeed […]
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Bitcoin Price Analysis: Bullish Rejection Wipes Out Bitcoin’s Weekend Gains
Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of overhanging resistance. This band of resistance has been mentioned several times in our analyses over the last few weeks as it has proven impossible to overcome for the time being:
Figure 1: BTC-USD, Daily Candles, Failed Breakout
This run to the low $ 4,000s coincided with a breakout of a rather large symmetrical triangle consolidation shown above. It managed to establish a new, local high but was immediately rejected on high volume and very high spread. This rejection formed a candle called a “bearish engulfing candle” that completely wiped out a week and a half’s worth of gains in just a couple hours.
Maker’s MKR Crypto Outperforms in February with 37% Gains
Ethereum-based cryptocurrency Maker is outperforming the broader markets with a 37 percent gain on a month-to-date basis.
CoinDesk
Binance Coin (BNB) Gains Momentum Amid Growing Use Cases
Use cases are the name of the game for any token, and this is especially true when it comes to exchange tokens. Binance Coin (BNB), the token associated with the world’s leading crypto exchange, is now up over 20% in the last month as expanded use cases have fueled demand. The most important use case in […]
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Apple Leads the Dow Jones Into Five Weeks of Gains
The Dow Jones Industrial Average, by a fraction, realized its fifth week of gains on Friday. A closing high of 0.8% in Friday gave the Dow a 0.1% increase across the week. Disregarding speculation that Apple could be dying, the iPhone maker’s shares led the Dow Jones 30 with 3.31% hike. Dow Jones Shakes Off
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Plunging Consumer Sentiment is Proof Shutdown Will Wipe Out Dow’s Gains
New data reveals consumer confidence has plunged to its lowest level in two years. Historic data suggests the US stock market ignores government shutdowns. However, none have continued for so long, and falling consumer sentiment is a key indicator of an economic downturn. Ongoing Government Shutdown Will Affect the US Stock Market Consumer sentiment is
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Dow Dips, Bitcoin Clings to Gains as Tuesday Promises Volatility
The Dow Jones Industrial Average enters Tuesday seeking to snap a streak of two consecutive losing sessions, but the specters of the Brexit vote and earnings season threaten to derail the index’s mid-week recovery. The cryptocurrency market, meanwhile, continues to flash green, as bitcoin and other large-cap assets cling to Monday’s recovery while bracing for
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Bitcoin (BTC) Moves Back Above $4,000 as Major Altcoins Post Double-Digit Gains
The cryptocurrency market moved higher Sunday after Bitcoin (BTC) jumped 6% to $ 4,100 — a price last seen on Christmas Eve. While the weekend rally wasn’t driven by any identifiable fundamental event, the charts of most major coins have been building toward a breakout for the last 2 weeks. Notably, both Litecoin (LTC) and NEO (NEO) […]
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Crypto Market Records Decent Gains But Bitcoin Has to Rise Above $4,500
In the past 24 hours, the crypto market added $ 3 billion to its valuation as Bitcoin (BTC) and Ethereum (ETH) performed relatively well against the U.S. dollar. Several crypto assets in the likes of Litecoin, TRON, and Cardano recorded the largest gains on the day in the range of 6 to 12 percent. Bitcoin Has
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Newsflash: Bitcoin Price Pops Higher as Dow, S&P 500 Erase Pre-Market Gains
The bitcoin price and the wider cryptocurrency market made a fevered leap back toward their recent highs on Friday, shaking off Thursday’s substantial sell-off while the Dow Jones Industrial Average, S&P 500, and other US market indices fell back into decline. Bitcoin Price Makes another Run at $ 4,000 Bitcoin had been languishing near the $ 3,600
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Dow, S&P 500 Eye Further Gains after Wild Week on Wall Street
Following a wild week on Wall Street, the US stock market looks poised to extend its latter-week recovery following the opening bell on Friday, with the Dow Jones Industrial Average, S&P 500, and Nasdaq futures indices all pointing north as of the time of writing. Dow Seeks to Extend Recovery Dow futures had risen 111
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Markets Update: Cryptocurrencies Start the Week With Modest Gains
Digital asset prices are seeing modest improvements on Monday, Dec. 17 as the top 10 cryptocurrencies have recorded gains between 5-19% over the last 24 hours. The entire crypto-economy has captured a market valuation of $ 108 billion but global trade volume has remained flat, showing no immediate signs of a market trend reversal.
Also read: A Look at Some of 2018’s Most Popular Cryptocurrency Traders
EOS Surges 16% Over the Weekend, Eyeing Extended Gains
Despite the criticism it is receiving for being a pseudo-decentralized blockchain project, EOS is performing exceptionally well on the trading front. The EOS/USD rate during the weekend noted more than 16% surge. The upside action came in continuation of a strong bounce back from the 1.546-fiat level on Friday. The combination of Friday and weekend
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Bitcoin Cash Risks ‘Flippening’ as BSV Price Gains on BCH
Given the early post-hard fork performance, the race between Bitcoin Cash ABC and Bitcoin Cash SV has taken an interesting turn as of late, with the former shedding an increasing amount of market capitalization and the latter rebounding and recovering to the point that it is, at the time of writing, potentially on the verge
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Intel Gains Patent for Energy-Efficient Bitcoin Mining Design
Intel has been awarded patent #10,142,098 , which pertains to a system they’ve designed which improves the energy efficiency of Bitcoin miners. While it takes a hardware engineer to fully understand what’s going on in their patent, relevant to the discussion is the following quote: […] certain portions of the input message, state data, and
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Tron (TRX) Spikes 33.33% in Daily Gains as Crypto Market Rebounds
Tron on Thursday rose up to 33.33% against the US Dollar as the crypto market headed for an extended upside action. The TRX/USD tested a new weekly high at 0.016-fiat, according to data available at BitFinex, before correcting lower towards 0.0144-fiat, an intraday support. It should be more likely a bull flag formation, meaning the
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Crushing it: Stellar, Litecoin, Monero, & Zcash Post Major Gains as Crypto Market Rallies
A few of the top 15 cryptocurrencies saw notable increases over the past twenty-four hours. Stellar saw a gain of 15% against the US dollar, with 22% of its volume being against USD or USD-pegged cryptocurrencies themselves – meaning these gains are realistic, not just figurative. Litecoin gained over 13% against the dollar while Monero
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