Bitcoin has taken the lead in the recent run-up in the cryptocurrency market yet again as it moved back above the $19,000 mark. Prices have managed to retain all the gains realized over the last few weeks after recording ...
Cardano has been trading relatively sideways for the past four days consolidating from its 2020-high at $0.183. The digital asset seems to be ready for a massive price move as bears and bulls continue fighting.
The Aave V2 protocol is a major update of the platform and comes with new products like a yield and collateral swap allowing users to deposit their assets in the protocol and trade while being used as collateral.
BCH/USD rises to 293.83, up 0.50% intraday, during early Friday. Even so, the crypto pair keeps the two-day-old trading range below 298.00 while also respecting a short-term symmetrical triangle formation established from November 24.
- ETH jumps to the new 2020 high ahead of ETH 2.0
- The next bullish target is set on approach to $700.
ETH hit a new high of 2020 at $626 (data from Coinbase) as the market is expecting ETH 2.0 launch. The rollout is scheduled for today, 12 UTC, and it will start the new era for the second-largest blockchain ecosystem in the world.
ETH is on fire ahead of ETH 2.0 launch
At the time of writing, ETH is changing hands at $628 with an upside trend is gaining traction. The on-chain data provided by Intotheblock shows that the bulls will face little to no resistance until at least $710. The price may reach the new psychological barrier before the ETH.2 launch as the market is playing by " buy the rumor, sell the fact script."
BEST CRYPTO BROKERS/EXCHANGES
Bitcoin has lived through a roller-coaster week. The pioneer digital currency hit another multi-year high of $19,500 and got really close to the all-time high on Wednesday.
If you’re interested in using virtual coins like Bitcoin, Ethereum, Litecoin or any other out the over 1,500 coins and tokens currently available on the market, you’re going to need a wallet. If you are new to cryptos, this guide is your shortcut to understanding what a cryptocurrency wallet is, how they work and which one suits you best.
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Factors to consider when choosing a cryptocurrency exchange The boom of cryptocurrencies resulted in a boom of crypto exchanges. If you search Google for the term, you may drown in offers, and the possibilities seem endless. So how do you find the perfect match? When choosing a crypto-exchange, there are many factors to consider, factors that will help you narrow down the options and find the best one.
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The volatility of cryptocurrencies prices
The cryptocurrencies prices are highly volatile compared with the traditional currency pairs and assets in the foreign exchange market due to fluctuations in the interest of the public. This factor is associated with the user and we must add the absence of current regulation and its constant pressure from governments. These factors make the volatility of the digital currencies constant, modifying the Cryptocurrencies Market Prices and affecting values of such cryptocurrencies as Bitcoin, Ethereum, Ripple or Litecoin, among others.
To begin trading in this volatile market it is necessary to be well aware of the market prices of cryptocurrencies. The cryptocurrency investor has to differentiate between Bitcoin and the wide variety of existing Altcoins and should be well informed about their graphs and quotes, as well as the latest news related to these digital currencies.