What Pumped Tezos (XTZ) by Up To 50% This Week

Tezos (XTZ) is returning impressive profits to its investors this week. The world’s fifteenth largest cryptocurrency was up 50 percent yesterday on a 7-day timeframe. It established a higher high of $1.474 according to data fetched by CoinStats’ cryptocurrency portfolio management app. The price slipped this Friday, but a marginal percentage, maintaining the upside streak…

Fed Rate Cut Leads Bitcoin Towards $10.5k

The price of bitcoin has started picking up momentum towards the $10,500 as the Federal Reserve confirms monetary easing. As of around 06:45 UTC, the BTC-to-dollar exchange rate was trading at $10,527, up 5.63 percent on a 24-hour adjusted timeframe, according to CoinStats’ crypto portfolio management app. The pair’s upside also influenced the rest of…

Bitcoin Rises Ahead of Fed Rate Cut Today

The bitcoin price has delivered two consecutive buying sessions on the daily charts. The world’s leading decentralized cryptocurrency established a intraday high of $9,780.96 during Hong Kong afternoon. While it has slipped by minor pips by the time of this writing, a newly developing fundamental on a macroeconomic scale is suggesting bitcoin would continue its…

Bitcoin Recovers Weakly, Bearish Bias Intact

The price of bitcoin recovered slightly during Beijing morning. Nevertheless, the risks of downside remain. The bitcoin-to-dollar exchange rate late yesterday established a low towards $9,108.88, per data provided by CoinStats’ cryptocurrency portfolio management app. The pair later recovered and surged towards the $9,729.87 level. However, the upside came alongside a weaker volume rate, questioning…

Trading Ethereum in a Bear Market: Opinion

Despite being one of the most influential blockchain projects out there, Ethereum has been unable to impress investors in 2019. The second-largest cryptocurrency by market cap is down more than 26 percent in July. And regardless of an impressive YTD return of 60 percent, it remained dwarfed before bitcoin, whose yearly returns are almost triple…