Market Commentary

Reported By: Bitcoinist.com Cardano’s native blockchain token ADA logged a two-year high in early Wednesday trading session. The ADA/USD exchange rate topped at $0.138 as traders shifted their focus on Coinbase Custody’s announcement of supporting […]

Reported By: Bitcoinist.com While Bitcoin, Ethereum, and other top cryptocurrencies are near year-to-date highs, the same cannot be said for XRP. As the chart below depicts, the leading altcoin is trading at $0.185 as of […]

Reported By: Crypto Currency News The USD is a global reserve currency. Therefore, while many currencies weaken during times of crisis, the US Dollar not only stays put but grows stronger. This has been happening […]

Reported By: Bitcoinist.com Bitcoin has remained in firm bull territory over the past several weeks, despite it showing some signs of immense weakness Much of the benchmark cryptocurrency’s current strength comes from its ability to […]

Reported By: Bitcoinist.com Cardano has been caught within an intense rally over the past few weeks, surging amidst a flurry of positive news This rally has allowed it to set fresh yearly highs today, and […]

Reported By: Bitcoinist.com Bitcoin now appears to be entering another consolidation phase around $9,300 Its buyers have been unable to surmount the resistance that exists around this price level Each attempt to break above it […]

Reported By: Bitcoinist.com Bitcoin has been tightly correlated with the stock market since the start of 2020. If a warning from a global economist comes true, and the correlation between crypto and stocks remains, a […]

Reported By: Bitcoinist.com Bitcoin has been subject to a healthy rally over the past day. After moving below $9,000 on the weekend in a move that scared bulls, BTC now trades at $9,300. This is […]

Reported By: Bitcoinist.com Ethereum has been the leading smart contract blockchain for years now. The blockchain’s native cryptocurrency, ETH, has a native market capitalization in excess of $25 billion. $25 billion is an order of […]

Reported By: Bitcoinist.com The bitcoin chart shows an interesting inverse fractal from 2019. The Feb-March price action last year, which resulted in a breakout, hints a breakdown for Bitcoin in 2020. Bitcoin is currently moving […]