This past week, we saw a strong upward move in bitcoin price above the USD 8,850 resistance area. BTC/USD even surpassed the USD 9,200 resistance and traded close to USD 9,500. Recently, it started a downside correction below USD 9,000 and it could correct further towards USD 8,550 or USD 8,200. Similarly, most major altcoins
Read More »
The first half of 2020 saw an unprecedented development of the ecosystem Ethereum. The attractiveness of the platform is constantly increasing and some observers even predict that it may one day exceed Bitcoin in use and in promotion. But is it imaginable? Who are the possible challengers to Ethereum’s current dominance in the market? First question: what is
Read More »
One main reason is as a result of Monero is correlated to the inventory market. And when markets fell 35% from February to March due to the coronavirus, XMR did too. As we mentioned earlier, Monero has been in a bear market during the last 12 months. From at present’s price of $64, that’s a
Read More »