Bitlumex is a platform that helps businesses in the crypto and blockchain sector to promote their brand on leading publications. Created by Varun Satyam and Yash Jejani, it offers a variety of packages to suit the individual needs of every business. In order to get a better understanding of their venture, we asked Varun a few questions and here’s what …
Bitcoin price wavered on Tuesday as traders awaited second-quarter earnings from the most prominent American banks. The reports expect to provide more details about the status of the US economy, which may indirectly impact the Bitcoin market. Meanwhile, Goldman Sachs noted that it expects S&P 500 earnings per share to plummet by 60 percent in the second quarter. The banking …
Cardano’s price rallied more than 25% in the past few days and it traded close to $0.1400. ADA is currently down 7%, but it is still holding key supports and likely to resume its surge. ADA surged towards the $0.1400 level before correcting lower against the US dollar. The price is currently consolidating above the $0.1200 support zone. There are …
Ripple started a downside correction from the $0.2110 resistance region against the US Dollar. XRP price seems to be following a bullish flag pattern and it could resume its rally above $0.2000 and $0.2100. Ripple price is correcting lower from the $0.2118 swing high against the US dollar. The price is trading nicely above the $0.1900 support and the 100 …
Bitcoin is facing an uphill task near $9,300 and $9,400 against the US Dollar. BTC seems to be preparing for the next big move either above $9,400 or below $9,000. Bitcoin is stuck in a broad range above the $9,120 support zone. The price is struggling to clear the $9,300 and $9,400 resistance levels. There is a crucial breakout pattern …
Cardano (ADA) has been one of the most popular cryptocurrencies over the past few months. This is for good reason: according to market data, the price of the altcoin has risen by 200% since the start of 2020. This has allowed Cardano to outpace Bitcoin, Ethereum, and a swath of other top cryptocurrencies. The project has also been subject to …
Bitcoin’s recent mining rewards halving that took place just a couple of months ago went off without a hitch and has had a negligible adverse impact on the dynamics seen amongst the cryptocurrency’s miners. This comes despite what many analysts had previously believed, as some had been calling for an imminent “hash rate death spiral” that would be induced by …
Bitcoin price continues to trade sideways for several weeks now, bringing the asset’s notorious volatility to a chilling halt. This type of price action often indicates accumulation, which typically takes place at lower prices. Additional data reflecting crypto exchange BTC balance also suggests that accumulation is taking place, all while Bitcoin trades just below $10,000. If this really is an …
It may seem like a cliche at this point but Bitcoin’s volatility levels are extremely low. This is a byproduct of BTC’s price action over the past few weeks, which has been deemed “boring” by most traders. With volatility continuing to decline, though, analysts are coming to the conclusion that a large move is imminent. Nothing shows this as well …
Chainlink has seen a monster-sized rally throughout the past couple of years, with its gains being unparalleled by virtually all other major altcoins. This momentum reached a boiling point last night when the crypto surged to highs of nearly $8.50 before hitting some resistance that slowed its ascent and catalyzed a slight selloff. It is important to note that the …