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 Analysis: Altcoins Attempt A Recovery Rally In Anticipation Of A Bull Market
May 17, 2022 at 12:30
Price
Weekly Cryptocurrency Analysis: Altcoins Attempt A Recovery Rally In Anticipation Of A Bull Market
The bear market is not over yet, but some cryptocurrencies remain positive despite the current downtrend. Altcoins are attempting a recovery rally but are coming under selling pressure at resistance levels. Let us discuss some of the cryptocurrencies that have performed the best.
Ripple Pauses Above $0.33 Support as Bears Resume Selling at $0.46 High
May 17, 2022 at 11:35
Price
Ripple Pauses Above $0.33 Support as Bears Resume Selling at $0.46 High
The price of Ripple (XRP) is in a downtrend as the cryptocurrency has fallen to the low of $0.33. The low of $0.33 is the historical price level from February 1, 2021.
Why There is no Profit for Small Bitcoin Miners in 2022
May 16, 2022 at 13:01
News
Why There is no Profit for Small Bitcoin Miners in 2022
Due to the exponential rise of the bitcoin difficulty factor, frustrated bitcoin miners are storming the Ethereum network. According to the Cryptocurrency Mining Index, a large number of miners are shifting their hashing power to the Ethereum blockchain. According to blockchain.com, the current bitcoin difficulty factor is 29.8 trillion.
Ethereum Hovers above $2,000 Support as Bears Threaten to Short
May 16, 2022 at 12:12
Price
Ethereum Hovers above $2,000 Support as Bears Threaten to Short
The price of Ethereum (ETH) is falling as it faces rejection at the $2,200 resistance zone. In the last three days, buyers pushed the Ether price to the previous highs. The Ether price tested the $2,200 resistance level again, but failed to overcome it.
Bitcoin Consolidates Above $29,000 Support but Struggles below $32,000 High
May 16, 2022 at 11:09
Price
Bitcoin Consolidates Above $29,000 Support but Struggles below $32,000 High
The price of Bitcoin (BTC) is in a downward correction as it consolidates above $29,000 support. Today, the largest cryptocurrency is trading at $29,287 at press time.
Chainlink Consolidates Above $5.50 as Demand and Supply Reach Equilibrium
May 15, 2022 at 14:31
Price
Chainlink Consolidates Above $5.50 as Demand and Supply Reach Equilibrium
The price of Chainlink (LINK) has fallen to the low of $5.50 as the bulls have bought the dips. On May 12, a bearish candle shows a protruding long tail. The tail of the long candle is pointing down, indicating that there is strong buying pressure at current support.
Dogecoin Reaches Bearish Exhaustion as Bears Overwhelm Bulls
May 15, 2022 at 09:49
Price
Dogecoin Reaches Bearish Exhaustion as Bears Overwhelm Bulls
Dogecoin (DOGE) is trading at $0.08 as the bulls bought the dips.
Uniswap Falls to $3.67 Low as It Reaches Deeply in the Oversold Region
May 14, 2022 at 11:30
Price
Uniswap Falls to $3.67 Low as It Reaches Deeply in the Oversold Region
Uniswap (UNI) is in a downtrend and fell to a low of $3.67 on May 12. The current decline was caused by the inability of buyers to keep the price above the $8.00 resistance.
Polkadot Breaks Initial Resistance as It Targets the $14 High
May 14, 2022 at 10:31
Price
Polkadot Breaks Initial Resistance as It Targets the $14 High
The price of Polkadot (DOT) is in a downtrend today, but is making an impressive move to the upside. Buyers have overcome the initial resistance at $10. This is an indication of strong buying at lower price levels.
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