Monday, March 18Your Daily Bitcoin & Altcoin News Portal

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Why Crypto Asset Enjin Coin Rose 25% in a Surprising Rally

Why Crypto Asset Enjin Coin Rose 25% in a Surprising Rally

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Please share if you find this article interesting. Why Crypto Asset Enjin Coin Rose 25% in a Surprising Rally As the top crypto assets hint to go down, one cryptocurrency is beginning the week with a bang.ENJ Price Rally | Source: CMCBased on 24-hour live data, investors changed hands from/to Enjin Coin to the extent of $102.34 million, with 767,007,985 ENJ in circulation. Data on South Korean cryptocurrency exchanges Upbit and Bithumb showed South Korean Won as a maximally quoted asset against ENJ, amounting to almost half the total trading volume. Upbit also contributed 19.16 percent of bitcoin-enabled ENJ trades, revealing that many investors were shorting the ‘king cryptocurrency’ to speculate on ENJ.Samsung EffectThe ongoing ENJ rally is reminiscent of a similar upside movem
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Bitcoin (BTC) Price Watch: Rally Takes Break, But Not Likely Over

Bitcoin (BTC) Price Watch: Rally Takes Break, But Not Likely Over

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Please share if you find this article interesting. Bitcoin (BTC) Price Watch: Rally Takes Break, But Not Likely Over Bitcoin price climbed higher towards the $4,040 level before correcting lower against the US Dollar.The price declined below $4,000 and tested the key $3,940 support area.Recently, there was a break above a connecting bearish trend line with resistance at $3,970 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair is currently moving lower, but it remains well supported near $3,940 and $3,920.Bitcoin price corrected gains recently below $4,000 against the US Dollar. BTC could bounce back as long as it is trading above the $3,900 pivot area in the coming sessions.Bitcoin Price AnalysisIn the weekly analysis, we saw a nice upward move above $4,000...
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Crypto Market In Clear Uptrend: EOS, Bitcoin Cash, TRX, ADA Price Analysis

Crypto Market In Clear Uptrend: EOS, Bitcoin Cash, TRX, ADA Price Analysis

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Please share if you find this article interesting. Crypto Market In Clear Uptrend: EOS, Bitcoin Cash, TRX, ADA Price Analysis The total crypto market cap rallied recently and broke the key $130.0B resistance area.EOS price broke the key $3.65 and $3.70 resistance levels and tested $3.80.Bitcoin cash price rallied more than 10% and broke the $150 and $160 barriers.Tron (TRX) price is slowly moving higher and it could break the $0.0240 resistance level.Cardano (ADA) price cleared the $0.0500 resistance to move into a positive zone.The crypto market broke key resistances to move into an uptrend. Bitcoin (BTC), Ethereum (ETH), EOS, bitcoin cash (BCH), ripple, tron (TRX), ADA and other altcoins are trading with bullish moves.Bitcoin Cash Price AnalysisIn the past few sessions, bitcoin...
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Ripple Price Analysis: XRP Sighting Bullish Break Above $0.3200

Ripple Price Analysis: XRP Sighting Bullish Break Above $0.3200

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Please share if you find this article interesting. Ripple Price Analysis: XRP Sighting Bullish Break Above $0.3200 Ripple price struggled to break the $0.3200 resistance level and corrected lower against the US dollar.The price declined below the $0.3150 level and tested the $0.3125 support area.There is a key bullish trend line formed with support at $0.3145 on the hourly chart of the XRP/USD pair (data source from Kraken).The pair must clear the $0.3180 and $0.3200 resistance levels to start a solid bullish wave towards $0.3300.Ripple price is trading key supports against the US Dollar and bitcoin. XRP/USD must clear the $0.3200 resistance area to kick start a fresh bullish wave towards $0.3280 and $0.3300.Ripple Price AnalysisThis past week, we saw a nice rebound in ripple pri...
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Ethereum Price Analysis: ETH Targets New Monthly High

Ethereum Price Analysis: ETH Targets New Monthly High

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Please share if you find this article interesting. Ethereum Price Analysis: ETH Targets New Monthly High ETH price corrected lower and tested the $136-137 support area against the US Dollar.The price is currently recovering and it may continue to rise above $141 and $144 in the near term.This was a break above a key contracting triangle with resistance near $139 on the hourly chart of ETH/USD (data feed via Kraken).The pair needs to climb above the $144 resistance area to trade to a new monthly high.Ethereum price is trading with a positive bias against the US Dollar and bitcoin. ETH could extend gains once it breaks the $141 and $144 resistance levels in the coming sessions.Ethereum Price AnalysisThis past week, we saw a nice upside move above the $134 and $140 resistances in ET...
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Bitcoin Average Daily Trading Volume Reaches New High Since 2018

Bitcoin Average Daily Trading Volume Reaches New High Since 2018

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Please share if you find this article interesting. Bitcoin Average Daily Trading Volume Reaches New High Since 2018 Average daily trading volume of the world’s largest cryptocurrency Bitcoin has reached its fresh highs since April, 2018.Independent crypto data researcher Kevin Rooke brought the community’s attention to bitcoin volume via his Saturday tweet. The analyst revealed that traders, in March, changed hands for/to the cryptocurrency to the extent of approx $10 billion. In comparison, those numbers were as low as $6.25 billion in November 2018, the month in which bitcoin price plunged 35 percent owing to the Bitcoin Volume Since March 2018 | Source: Kevin RookeThrough the Crypto CrashIn retrospective, the early 2018 drop in the cryptocurrency market didn’t just wipe off va
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Bitcoin Rallying Above $4,000 Could be Due to Bitmex Futures: Analyst

Bitcoin Rallying Above $4,000 Could be Due to Bitmex Futures: Analyst

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Please share if you find this article interesting. Bitcoin Rallying Above $4,000 Could be Due to Bitmex Futures: Analyst There is a noticeable correlation between Bitcoin’s latest jump and Bitmex Futures, believes Luke Martin.The renowned cryptocurrency analyst said Thursday that Bitcoin price moved north right after Bitmex launched its September futures, XBTU19. Martin noted that the bitcoin market underwent a jump in volume and volatility after the XBTU19 went live. He also identified two similar events in the past in which the beginning of new futures contracts coincided with increased volatility and volume in the Bitcoin market.Bitmex Futures and Bitcoin Price | Source: Luke MartinMartin referred to a Bitmex June Futures contract (XBTM19) which went live on December 18, 2018.
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Bitcoin (BTC) Price Weekly Analysis: Can Buyers Keep The Rally Going?

Bitcoin (BTC) Price Weekly Analysis: Can Buyers Keep The Rally Going?

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Please share if you find this article interesting. Bitcoin (BTC) Price Weekly Analysis: Can Buyers Keep The Rally Going? Bitcoin price rallied recently after it broke the key $3,900 resistance area against the US Dollar.The price surged higher and broke the $3,950 and $4,000 hurdles to set the pace for more gains.There is a major connecting bullish trend line formed with support at $3,900 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).The pair is currently correcting lower, but it is likely to find support near $3,920 or $3,900.Bitcoin price climbed sharply into a bullish zone above $3,900 against the US Dollar. BTC/USD is placed nicely in an uptrend and dips close to $3,920 remain supported for a fresh bullish wave.Bitcoin Price AnalysisThis past week, there we...
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Ethereum Price Weekly Analysis: ETH Primed For Further Gains

Ethereum Price Weekly Analysis: ETH Primed For Further Gains

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Please share if you find this article interesting. Ethereum Price Weekly Analysis: ETH Primed For Further Gains ETH price broke a major resistance area near $133-134 to climb higher against the US Dollar.The price settled above the key $134 resistance to move into a positive zone.There was a break above a major contracting triangle with resistance at $133 on the 4-hours chart of ETH/USD (data feed via Kraken).The pair is currently correcting lower, but it is likely to find a strong buying interest near $134.Ethereum price is trading with a bullish bias versus the US Dollar and Bitcoin. ETH/USD climbed towards $144 and it is currently correcting lower towards key supports near $134.Ethereum Price AnalysisThis past week, there was a couple of swing moves towards the $128 level in E...
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Bitcoin (BTC) Price Watch: Weekend Rally And Possible Run To $4,200

Bitcoin (BTC) Price Watch: Weekend Rally And Possible Run To $4,200

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Please share if you find this article interesting. Bitcoin (BTC) Price Watch: Weekend Rally And Possible Run To $4,200 Bitcoin price gained traction and broke the $3,850 and $3,900 resistance levels against the US Dollar.The price rallied recently and even climbed above $4,000 before correcting lower.There is a major bullish trend line formed with support at $3,940 on the hourly chart of the BTC/USD pair (data feed from Kraken).The pair remains supported on dips and it could bounce back above $4,000 and $4,050.Bitcoin price rallied recently above the $4,000 level against the US Dollar. BTC corrected lower, but it remains supported and it may continue to grind higher in the near term.Bitcoin Price AnalysisIn the past few days, we saw a solid selling interest below $3,900 for bitco...