Bitcoin Mining Difficulty Resembles Its 2018 Bear Market Bottom
The current bitcoin mining difficulty is copying its $3,100 bear market behaviour. That was a significant move that set the stage for a bull run to $14,000. The flagship token ...
Tag: market update
Silver (XAGUSD) Catapults From The $17.50 Support
An attempt by silver, to settle below the $17.50 support failed. The industrial metal got an extra support boost after the European Central Bank decided to revise its asset-buying program ...
Gold (XAU/USD) Sets 7-Day Top Above $1,700 As S&P 500 Futures Lose 1.0%
The gold prices remained stable above $1,739 with an intraday high $1,740.74 during the pre-Tokyo Asian session on June 1. The bullion benefits came from the recent escalation in risk-off ...
Brent Oil and Gold Get Ready For June
Despite the recent surge in the price of Brent oil and a slight slide in the gold price, there might be a comeback to the dominant trend. In previous months, ...
Bitcoin Is A Gateway To Altcoins, Coinbase Report Says
Bitcoin (BTC), being the flagship cryptocurrency, seems to have become a significant determinant of different crypto market trends. If it drops, most of the crypto markets drop and vice versa. ...
Bitcoin Crumbles Abruptly After $10K ‘Halving Dump’ Futures Gap Filling
A return to five figures seemed inevitable on May 14. But, after Bitcoin filled the most significant CME futures gap ever, it fell back towards $9,700. The flagship token is ...
Gold Rises As New Infections Increase Hopes For More Stimulus
Gold prices rose on May 11, maintaining their strength above the critical $1,700 per ounce support level. This has happened as a new wave of COVID-19 infections in some countries ...
Gold Prices Ease As Economies Reopen Partially
On May 6, gold slipped further as various economies around the world started implementing plans to return to normalcy. This price movement comes after months-long lockdowns that threatened to cripple ...
Gold Could Surge Past $1,800 An Ounce, UBS Says
There is a possibility that gold prices may ‘break the highs’ set earlier this year. The precious metal had adopted a strong uptrend until March when it crumbled along with ...
Bitcoin Surpasses $8,000 Just 12 Days Till Halving
Bitcoin has finally reclaimed the $8K price level, with many analysts and commentators now convinced that it has cemented its pre-halving bull run. This price level has not been seen ...