According to the latest report from on-chain data provider Glassnode, Bitcoin (BTC) mining revenue has spiked by 57%, reclaiming mid-2020 levels. After the anti-crypto mining campaign by the Chinese government some months ago, which displaced a significant percentage of global miners, mining levels dropped significantly. In May, Bitcoin mining power peaked at 180 EH/s before […]
ADA Price Analysis – August 17 Bullish trend may continue when the buyers, gain more momentum, the resistance level of $2.0 may be penetrated upside, the price may increase to $2.3 and $2.5 resistance levels. In case the bears exert more pressure, price direction may change to $1.8, $1.6 and $1.4 support levels. ADA/USD Market […]
Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BearishGBP/USD pair is still falling. The pound has been falling from level 1.4000. Further downsides are likely as the pair faces rejection from level 1.3840. Meanwhile, on June 18 downtrend; a retraced candle body tested the 61.8% Fibonacci retracement level. […]
Key Highlights BCH has rallied to $710 highPresently, BCH has fallen to $672 low Bitcoin Cash (BCH) Current StatisticsThe current price: $676.99Market Capitalization: $14,214,893,198Trading Volume: $2,713,833,042Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis August 16, 2021 Bitcoin Cash (BCH) price is making a series of higher […]
The United States Department (DOS) has formulated a new initiative to curb the proliferation of cybercrime in the country. The initiative, which is termed the Rewards for Justice (RFJ), will offer up to $109 million in cryptocurrencies to anyone with credible information on the identification of state-backed hackers. The DOS was in attendance at the […]
AUDJPY Price Analysis – August 16 A successful AUDJPY break and retest strategy would move the price to higher levels. The market had also executed this strategy when it was falling off the 82.900 price level. Price had been knocking down on this level for 95 trading days before the market fell, eventually on the […]
With Australia’s lockdowns being prolonged, the AUD remains weak. As the number of cases continues to climb, Sydney, Melbourne, Canberra, and Darwin remain under rigorous limitations. Australia is vulnerable to the highly contagious Delta form since just 26% of people over the age of 16 have been properly vaccinated. Today was the bloodiest day of […]
Dogecoin (DOGE) continues to leverage its robust social media presence to claw its way back up to its previous highs. The current DOGE trend/comments on social platforms like Twitter and TikTok have reached significant levels, with the #DogeCointo1Dollar topping trend charts. Social media has been an instrumental factor for the cryptocurrency since the start of […]
Bitcoin SV Price Analysis – August 16 When bullish momentum increases, it may break up the barrier at $185 level and the key resistance level at $217 may be tested, further increase may push it to $233. A bearish opposition at $185 level may reduce the price to the support level of $148 and the […]
