The initial stop loss can be kept at $ 44, which can be raised once
the cryptocurrency moves higher.
«New investors are coming to our exchanges while existing ones are regaining interest after the drop because they're getting good value and are making money as the prices of
cryptocurrencies move higher.»
The cryptocurrency moved higher to $ 9,961 today — the highest level since Feb. 1, as per CoinDesk's Bitcoin Price Index (BPI).
Not exact matches
This past week the most popular
cryptocurrencies suddenly started
moving higher in tandem, seemingly without any fundamental catalysts.
Kali Digital Ecosystems, the company behind upcoming
cryptocurrency exchange CoinRecoil had filed a writ petition in the Delhi
High Court, calling this
move by the government as «unconstitutional», as it violates various articles and acts in the Indian legal system.
The
cryptocurrency market already provided huge
moves once again this weekend, as Dash and Monero surged to new all - time
highs in the otherwise low volume environment...
With Bitcoin back trading above $ 9000 and the other cryptos also
moving higher during April, has bullishness returned to the
cryptocurrency market or is this a short term - trend?
The major
cryptocurrencies continue to act bullish after last week's strong momentum
move higher, as the largest coins are all trading in shallows corrections or are...
Cryptocurrencies made another U-turn; prices are
moving higher after a considerable downside volatility in January.
With
cryptocurrency powered payments inside Telegram, users could bypass remittance fees when sending funds across international borders,
move sums of money privately thanks to the app's encryption, deliver micropayments that would incur too
high of credit card fees, and more.
If true, this presents real opportunities for
cryptocurrency investors to diversify from Bitcoin and into BCH, as well as
moving into a currency that has yet to reach the valuation
highs of the currency that spawned it.
This week, the digital currency recorded a new all - time
high following a «relatively uneventful» blockchain split, which saw a group of miners
move away from the main bitcoin blockchain, paving the way for a new
cryptocurrency called Bitcoin Cash.
It has respected its 10 - week simple
moving average (SMA) while
moving higher and remains above it today, despite the
cryptocurrency market performing poorly the last couple of weeks.
Little more than a week ago, before China's regulatory
moves, the volatile
cryptocurrency hit an all - time
high of $ 5,000.
The
move to a new all - time
high comes as the entire
cryptocurrency market cap is seeing a shift away from Bitcoin and into Ethereum, XRP and so - called altcoins.
The
move to a new all - time
high comes as the entire
cryptocurrency market cap is seeing a shift away from Bitcoin and into Ethereum, and altcoins.
Further, the
cryptocurrency breached the key trendline resistance earlier today, and could soon witness a sustained
move above the previous day's
high of $ 8,650 (as per CoinMarketCap).
In a
move that's true to the core values of blockchain technology, popular trading hub Binance has announced plans to develop a decentralized
cryptocurrency exchange that's
high - performance, easy to use and liquid.
That leaves us wondering if Dash is set to dethrone another
cryptocurrency and
move higher on the leaderboard.
In the same way that traditional mining expands, and is able to spend more on its infrastructure when the price is
high,
cryptocurrency start - ups are realizing that while the profit remains as
high as it does at the moment, there is a cushion which provides them with the flexibility to
move their operations and remain profitable.
The price of the
cryptocurrency hit a
high of $ 6,600.84 just hours after breaking through the $ 6,400 barrier, and minute after
moving past the $ 6,500 mark, according to data from industry website CoinDesk.
The
move may have caused the price of the
cryptocurrency to soar by over 130 percent — from $ 1,865 on Dec. 18 it reached as
high as $ 4,300 by Feb. 20, according to data from CoinMarketCap.
It was another disappointing day for the
cryptocurrencies on Wednesday, with Bitcoin Cash failing to make a
move through to $ 1,550 levels, hitting an intraday
high $ 1,525 through the early part of Wednesday before pulling back to $ 1,400 levels and a relatively tight...
The decree also legalizes buying, selling and exchanging the
cryptocurrencies, will allow
cryptocurrency exchanges to operate unhindered, legalize ICOs and will encourage smart contract development for companies that
move to the
High - Tech Park after March 28.
We shall keep trailing this stop loss
higher as the
cryptocurrency moves up.
With regulated futures, derivatives, and options exchanges around bitcoin and
cryptocurrencies,
high profile traders will be able to
move «money on the sidelines» such as offshore bank accounts and wealth management products (WMPs) to bitcoin, which could potentially add tens of billions of new capital into bitcoin in the upcoming years.
This decline in prices has for the most part been caused by
moves from governments which have in turn caused
high uncertainty in the entire
cryptocurrency community.
Whereas the stock market allows investors to make money if an equity
moves up or down,
cryptocurrency exchange investors traditionally have one means of making money — the virtual currency has to
move higher.
Persistent demand around the $ 10,000 mark appears to have not only neutralized the immediate bearish outlook on bitcoin, but also hints the
cryptocurrency could be building a base for an eventual
move higher.
There were a couple of announcements by the developer of the
cryptocurrency along with the launch of a new website, which helped XVG in
moving higher.
Earlier this month, Japan's 16 licensed
cryptocurrency exchanges announced that they were forming a self - regulatory body — a
move that came in response to the
high - profile hack of Tokyo - based exchange Coincheck, which has still yet to receive regulatory licensure.