Bitcoin Price and Technical Market Analysis May 23rd, 2020
The daily candle closed below the range $9200-9400. An unsuccessful attempt to grow today will increase the risk of the test of $9080. Closing a weekly candle below $9400 could provoke the fall continuation with a final target $7770. Yesterday’s trading on Bitcoin market took place in the form of a price correction after a […]
Bitcoin Continues to Outperform Altcoins in Terms of Aggregate Active Addresses
Data collected by Glassnode shows that Bitcoin has 3 times more active addresses than Ethereum and 140 times more than XRP. Bitcoin continues to remain the dominant cryptocurrency in the market in terms of popularity and value. The data gathered by on-chain data analysis platform, Glassnode indicates that Bitcoin outperformed all the altcoins in terms […]
Trending Bitcoin News and Market Sentiment March 23rd, 2020: 3 Major Price Metrics Converge, Andrew Yang’s UBI Program Gets $5 Million Boost from Jack Dorsey
Bitcoin price moves level with no clear direction Three major price metrics are converging for only the fourth time in history, with the previous times preceding huge rallies Twitter CEO Jack Dorsey contributes USD 5 million to an American UBI program Bitcoin markets are moving fairly level as the weekend gets underway, with neither bull […]
Analytics Platform Messari Modifies Process of Evaluating Crypto Exchanges
Messari has changed the way of rating exchanges based on the ‘real’ trading volume. This step has added several big players to the list of top exchanges. Crypto data analysis and research platform, Messari has modified the way of evaluating and ranking crypto exchanges. Messari introduced ten new exchanges based on ‘real’ crypto trading volumes. […]
