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Bitcoin hits $11K high but quickly drops within 24 hours

Bitcoin is on yet another rollercoaster ride, with its value surpassing the $10,000 and $11,000 mark in a short period of time. This impressive performance is attributed to hype after hitting the coveted threshold but has...

Investing
Crypto mining chip giant reportedly eyeing IPO following bitcoin resurgence

Bitmain Technologies Ltd. is currently the largest manufacturer of cryptocurrency mining chips in the world and it previous had plans for an IPO but then put it on hold. Now, there are reports that it is reviving those...

Investing
Crypto Technicals: BCH/USD tracks Bitcoin higher, spikes over 7% to hit 2-week highs, bias bullish

BCH/USD chart - Trading View Exchange - Coinbase Support: 412 (21-EMA); Resistance: 483 (May 30 high) Technical Analysis: Bias Bullish Bitcoin Cash trades 7.11% higher on the day at 441.75 at 10:35...

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Crypto Technicals: ETH/USD tests 288 (2019 high), momentum with the bulls

ETH/USD chart - Trading View Exchange - Coinbase Support: 273.34 (5-DMA); Resistance: 288.77 (2019 high) Technical Analysis: Bias Bullish ETH/USD spikes over 5% on the day to re-test 2019 highs at 288...

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Crypto Technicals: Bitcoin continues grind higher, edges closer to the crucial $10,000 mark

BTC/USD chart - Trading View Exchange - Coinbase Support: 9387 (5-DMA); Resistance: 9948 (April 2018 high) Technical Analysis: Bias Bullish King Coin extends upside, grinds past $9800 to hit new multi-month...

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Crypto Technicals: IOTA exhibits signs of near-term bearishness, close below 21-EMA confirms weakness

IOT/USD chart - Trading View Exchange - Bitfinex Support: 0.3990 (50-DMA); Resistance: 0.4750 (Upper BB) Technical Analysis: Bias is turning bearish IOTA trades 4.05% lower on the day at 0.4202 at 10:30...

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Crypto Technicals: Monero hits new 7-month highs above 108 handle, close above 55W EMA to see bullish continuation

XMR/USD chart - Trading View Exchange - Binance Support: 99.08 (5-DMA); Resistance: 107.70 (55W EMA) Technical Analysis: Bias Bullish XMR/USD extends bullish momentum, hits new 7-month highs at 108.10. The...

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Crypto Technicals: XMR/USD pares previous sessions' losses, close above $100 mark to propel further gains

XMR/USD chart - Trading View Exchange - Binance Support: 90.85 (20-DMA); Resistance: 107.65 (55W EMA) Technical Analysis: Bias Bullish Monero has pared previous sessions losses and edged higher on the...

Investing
Crypto Technicals: ETH/EUR retraces with 'Hammer' formation, breakout at 50H SMA (240) to see further upside

ETH/EUR chart - Trading View Exchange - Coinbase Support: 228 (converged 20-DMA and 21-EMA) ; Resistance: 250 (Upper BB) Technical Analysis: Bias Bullish ETH/EUR pares most of previous sessions losses, trades...

Investing
Crypto Technicals: BTC/USD fails to close below $9000 mark, consolidates above 5-DMA ahead of next bullish leg

BTC/USD chart - Trading View Exchange - Coinbase Support: 9084 (5-DMA); Resistance: 10,000 (psychological level) Technical Analysis: Bias Bullish BTC/USD has resumed upside after a brief pause on Mondays...

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