Pool-X, the next generation POS mining platform supporting lockup crypto transactions backed by KuCoin, today announced the launch of its Liquidity Trading Market. The market allows users to buy and sell staked digital assets, bringing more flexibility and liquidity to the staking economy. To celebrate the launch of the liquidity market on Pool-X, it will... The post appeared first on NewsBTC.
Bitcoin reversed after a sharp dip towards the $8,400 support area against the US Dollar. BTC price is now signaling more upsides above $8,800 and $9,000 in the coming sessions. Bitcoin price bounced sharply and formed a bullish engulfing pattern above $8,550 against the US Dollar. The bulls are likely to take control once the... The post appeared first on NewsBTC.
Ripple is currently recovering above $0.2325 against the US Dollar and bitcoin is trading above $8,700. XRP price is likely to surge towards $0.2500 or $0.2600 once it clears the $0.2400-$0.2420 resistance. Ripple price is showing a few positive signs above the $0.2320 area against the US dollar. The bulls seem to be facing a... The post appeared first on NewsBTC.
Ethereum is slowly rising from the $162 support area, similar to bitcoin from $8,500. ETH price could start a decent increase to $180 or $185 if it settles above $170. Ether price is showing a few positive signs above the $162 and $165 support levels against the US Dollar. Bitcoin price is currently attempting to... The post appeared first on NewsBTC.
Much like many other crypto assets, XRP has been on a tear over the past month. Below is a chart from TradingView which shows that the cryptocurrency, third-largest by market capitalization, has gained 36% against the U.S. dollar since bottoming at $0.173 in the middle of December. In spite of this surge, which some say... The post appeared first on NewsBTC.
Bitcoin has seen some afternoon volatility today after the cryptocurrency dipped as low as $8,400 before quickly surging up towards $8,800. This dip and subsequent rise further confirms the massive amount of support that exists directly below BTC's current price level, and bolsters its bulls. Now one prominent analyst is explaining that Bitcoin's recent price... The post appeared first on NewsBTC.
Bitcoin (BTC) has been caught within a firm bull market throughout 2020, which has allowed the cryptocurrency to garner some notable momentum that led it to climb from year-to-date lows of $6,800 to highs of $9,200. Although BTC has struggled to break above the lower-$9,000 region, it is important to note that the cryptocurrency has... The post appeared first on NewsBTC.
Thanks to its hard monetary policy and lack of national affiliation, Bitcoin has been described by many as the perfect hedge against global economic uncertainty. Around the world, the questionable policies of central bankers create new reasons for people to turn to the cryptocurrency every day. Even the largest economies are vulnerable to extreme mismanagement.... The post appeared first on NewsBTC.
Ethereum has been closely tracking Bitcoin and the aggregated crypto markets over the past several days, which means that ETH's multi-day price action has primarily favored sellers. In spite of this, ETH is still trading up significantly over a weekly period, and the cryptocurrency has been able to build some short-term momentum today, allowing it... The post appeared first on NewsBTC.
2019 was marked by some of the world's most powerful people talking about Bitcoin in public settings. President Donald Trump said in a surprise Twitter thread that cryptocurrencies, from BTC to Libra, are no something he is a fan of, citing their potential to be used in crime. Tesla's Elon Musk said in a podcast... The post appeared first on NewsBTC.