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 term. At the moment, analysts are divided on their expectations about the next move. While the near-term remains uncertain, on-chain analyst Willy Woo believes that the long-term picture is more bullish than ever. According to…

Read More

Top 5 cryptocurrencies to watch this week: BTC, ADA, XMR, ATOM, VET

Bitcoin could consolidate for a few more days but select altcoins have formed reversal patterns that may lead to a trending move. Investors are concerned about the stability of the cryptocurrency market after it was faced with a flurry of adverse news in the past few days. Fortunately, the markets have matured to the extent that negative news no longer provokes wild price swings like they once did in crypto’s early days. The current stability shows that institutional investors do not consider the recent KuCoin hack, CFTC and DOJ charges…

Read More

Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, LINK, VET, LTC

Bitcoin price corrected sharply after reaching $12,000 but the strong bounce from BTC and altcoins shows bulls are intent on pushing prices higher. Bitcoin’s (BTC) rally above the $10,000–$10,400 zone has attracted several traders who had been waiting for a trending move to start. Yusuke Otsuka, the co-founder of Japanese crypto exchange Coincheck, said that several Japanese traders who had been dormant have started trading again this week.  Monex Group CEO Oki Matsumoto also said that many traders who missed buying gold at lower levels are interested in Bitcoin as…

Read More