Bitcoin and altcoins are showing signs of short-term exhaustion, meaning a few days of consolidation could occur.
The entry of Paypal into the cryptocurrency industry continues to expose the divide between traditional crypto space players who are less enthusiastic and non-crypto players who endorse the move. Non-crypto players like the analysts at Morgan Stanely are agreement with the notion that the payments giant’s move will lead to greater adoption cryptocurrencies. Nevertheless, the […]
Bitcoin is showing signs of profit booking, resulting in a slight downturn in altcoin prices.
It would be “advantageous for Ripple to operate in the U.K.,” said Ripple CEO Brad Garlinghouse.
Bitcoin hit a new 2020 high and altcoins rallied as PayPal announced that it will support crypto payments.
Bitcoin price may rise to a new 52-week high if it can break above the ascending channel and this move could ignite the altcoins.
Traders are accumulating Bitcoin on dips and a break above $11,600 could resume the uptrend to $12,000.
Bitcoin and altcoins must rebound off their immediate support levels to recapture bullish momentum and resume the uptrend.
Ripple continues its effort to bring financial inclusion to struggling markets.
More gamers around the world are moving into crypto.