Cryptocurrency

A cryptocurrency is a digital asset or virtual money that is secured by cryptographic algorithms. Some cryptocurrencies are decentralized and are based on Blockchain technology or distributed ledger technology.  

The first cryptocurency was developed by the American cryptographer David Chaum, who has described is ecash anonymous cryptographic electronic money in 1983. Now Bitcoin is one of the most popular and biggest cryptocurrencies.

Weekly Cryptocurrency Market Analysis: Altcoins Decline as Cryptos Show No Strength at Higher Price Levels
Aug 18, 2022 at 12:00
Price
Weekly Cryptocurrency Market Analysis: Altcoins Decline as Cryptos Show No Strength at Higher Price Levels
The cryptocurrencies listed below are in a downward correction as buyers fail to sustain bullish momentum above the moving average lines. The bottom line is that these worst performing cryptocurrencies risk a decline to their previous lows.
Bitcoin Slumps to $23,413 Low as It May Attract Strong Buying by the Bulls
Aug 18, 2022 at 10:55
Price
Bitcoin Slumps to $23,413 Low as It May Attract Strong Buying by the Bulls
Bitcoin (BTC) price resumed its downward correction after falling below the 21-day line SMA.
Bitcoin Cash Slumps as It Faces Rejection at $164 Upper Resistance Level
Aug 17, 2022 at 12:35
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Bitcoin Cash Slumps as It Faces Rejection at $164 Upper Resistance Level
The price of Bitcoin Cash (BCH) resumed its downward correction as it breaks below the 21-day line SMA.
Cardano Price Stalls at $0.58 as Sideways Movement Continues
Aug 17, 2022 at 11:35
Price
Cardano Price Stalls at $0.58 as Sideways Movement Continues
Cardano (ADA) price is in an uptrend as it is above the moving average lines. The uptrend is hindered by the $0.58 resistance.
Litecoin Fluctuates Below $64 Overhead Resistance as It Risks Decline
Aug 16, 2022 at 13:46
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Litecoin Fluctuates Below $64 Overhead Resistance as It Risks Decline
Litecoin (LTC) has continued its sideways movement as bulls challenge overhead resistance. Buyers have been retesting the $64 level since July 29.
Weekly Cryptocurrency Analysis: Altcoins Trading in the Bullish Trend Zone Despite Bears Sell Aggressively
Aug 16, 2022 at 12:00
Price
Weekly Cryptocurrency Analysis: Altcoins Trading in the Bullish Trend Zone Despite Bears Sell Aggressively
Cryptocurrencies are trading in the bullish trend zone. Top performances of the week were shown by Ankr, Chiliz, Celsius, Shiba Inu and Nexo.
Ripple Declines Marginally as It Faces Rejection at $0.39
Aug 16, 2022 at 09:59
Price
Ripple Declines Marginally as It Faces Rejection at $0.39
The price of Ripple (XRP) is trading in the uptrend zone as the altcoin drops below the 21-day line SMA. On August 14, buyers pushed XRP to the high of $0.39, but were rejected.
Bitcoin Breaches Overhead Resistance but Fails to Reclaim the $25,000 Support
Aug 15, 2022 at 10:40
Price
Bitcoin Breaches Overhead Resistance but Fails to Reclaim the $25,000 Support
The Bitcoin (BTC) exchange rate has remained stable above the $24,000 support as it struggles to recapture $25,000. After several attempts to maintain the bullish momentum, Bitcoin is holding above $24,000.
Chainlink Rallies to $9.52 High as it May Slide Down to $8.20 Low
Aug 14, 2022 at 10:30
Price
Chainlink Rallies to $9.52 High as it May Slide Down to $8.20 Low
On August 12, Chainlink (LINK) rallied to a high of $9.52, but encountered resistance at the recent high. The recent high was the historic price level of June 10. Today, buyers are struggling to maintain bullish momentum above the recent high.
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