Africa Posts Triple-Digit P2P Volume Gains in Three Months

Peer-to-peer Bitcoin (BTC) trading has seen rapid growth in recent months, with the African continent now the second-strongest region in the world for P2P volume behind the U.S. Africa was the sole region to produce an increase in seven-day P2P trade this past week — with sub-saharan African trade posting its seventh all-time high for weekly trade in nine weeks. Since early January, the sub-saharan African has overtaken the Asia-Pacific, Eastern European, and Latin American regions to emerge as the second-strongest P2P market by a volume margin of more than…

Bitcoin Hesitates But This Technical Breakout Suggests Gains Above $9,800

Bitcoin started a downside correction from the $9,780 swing high against the US Dollar. BTC found support near $9,600 and it is currently gaining bullish momentum for a fresh rally. Bitcoin is trading nicely above the $9,500 support zone and the 100 hourly simple moving average. A short-term downside correction seems to be over near the $9,570 level. There was a break above a key contracting triangle with resistance near $9,640 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could soon break the $9,700…

Maker Posts Massive Gains After Listing on Coinbase

Key Takeaways Maker is up nearly 30% over the past two days as Coinbase Pro announced that its order books are in full-trading mode. Different on-chain and technical indexes suggest that MKR could be bound for a further upward advance. Turning the $730 level into support may send the DeFi leader towards $880. The DeFi news category was brought to you by Ampleforth, our preferred DeFi partner Share this article Stablecoin DAO Maker is up 110% in the last two weeks after listing on Coinbase Pro, and different metrics show…

Zilliqa (ZIL) Beats Bitcoin With 950% Gains Since March, What’s Next?

While the price of Bitcoin (BTC) has been consolidating under $10,000, several altcoins have shown tremendous rallies such as Theta Token (THETA) and Zilliqa (ZIL).  Zilliqa, in particular,  the 40th-ranked cryptocurrency by market capitalization, has seen a surge of 950% since the crash in March, which warrants an analysis of whether ZIL’s monster rally is finished or just getting started. Crypto market daily performance. Source: Coin360 Zilliqa rallies towards $0.02 after hitting the bottom of $0.0022 in March After Zilliqa hit its cycle low at $0.0022, the cryptocurrency rallied massively…

Bitcoin Rebounds Sharply: Here’s Why 100 SMA Could Trigger More Gains

Bitcoin is surging and it recently tested the $9,400 support area against the US Dollar. BTC price is likely to continue higher towards $10,000 as long as it is above the 100 hourly SMA. Bitcoin is showing positive signs above the $9,650 and $9,700 levels. There was a sharp rebound after the price declined towards the $9,400 support zone There was a break above a key bearish trend line with resistance near $9,670 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to…

Ethereum Hesitates Near $250 But Further Gains Seem Likely

Ethereum is gaining bullish momentum and it recently tested the $250 resistance against the US Dollar. ETH price is likely to continue higher above the $255 and $260 resistance levels. Ethereum is showing a lot of positive signs above the $240 level. The price is currently struggling to gain bullish momentum above the $250 resistance zone. There is a key bullish trend line forming with support near $242 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to accelerate higher above the $255 and $260…

Ethereum and Cardano Post Major Gains Ahead of Network Upgrades

Speculation around Ethereum and Cardano will surge as major network upgrades near completion. Key Takeaways Ethereum is trending up, but demand may rise further in anticipation of ETH 2.0. Cardano is up 50% in the past week after its founder revealed that the Shelley upgrade should come out next month. While some investors begin to FOMO, ETH and ADA could be preparing for a major upward price movement. Share this article Ethereum and Cardano are scheduled to transition to new proof-of-stake consensus algorithms, igniting double-digit gains. Two Major Hard Forks…

Bitcoin Price Surges Past $9.4K as Week of Gains Targets Five Figures

Bitcoin (BTC) hit $9,400 on May 28 in its latest attempt to upend a downward trend which had seen $8,640 lows just days before. Cryptocurrency market daily overview. Source: Coin360 BTC price: 3-day gains near 8% Data from Cointelegraph Markets and CoinMarketCap showed BTC/USD retaking new ground in Thursday trading, with daily gains at 3%. At press time, $9,400 had just been clinched, rising to $9,460 before a slight reversal. Those levels come a day after Bitcoin reclaimed the $9,000 and $9,200 zones respectively. Bitcoin 1-day chart. Source: CoinMarketCap $9,500…

FOMO Risk? THETA Outpacing Bitcoin With 1000% Gains Since March Crash

As the halving hype has now passed for Bitcoin (BTC), altcoins are beginning to regain traction. In that regard, many altcoins have been showing significant movements in the past two weeks. One of the biggest gainers is Theta Token (THETA), which gained 1,000% since the crash on Black Thursday, March 12. The second token of the Theta platform is called Theta Fuel (TFUEL) has also surged more than 1,150% in a matter of one week. Crypto market daily performance. Source: Coin360 Theta Token reaches new highs, but is it time…

With Shelley Upgrade on the Horizon, Cardano Posts Big Gains

Speculation around Cardano (ADA) is expected to skyrocket as the Shelley upgrade approaches. Key Takeaways The bullish momentum behind Cardano is rising while the crypto community is focused on other altcoins. Thus far, ADA is up by more than 20% over the past week and it seems to have more gas in the tank. However, there is an important resistance wall ahead that must be broken first. Share this article One of the so-called “Ethereum killers,” Cardano, has been posting significant gains over the past week. Still, the market appears…