The South Korean software giant Hancom Group has angrily dismissed reports that its chairman Kim Sang-cheol has been operating a “crypto slush fund,” and is the secret owner of a token that was listed on the Bithumb exchange just months ago.
Social media groups and some media outlets have featured a transcript allegedly featuring Kim speaking about a company named Arowana Tech, the developer of an altcoin named arowana token (ARW)….
Read More: Software Titan Hancom Denies its CEO Has a ‘Crypto Slush Fund’…
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Bitcoin price failed to stay above the key USD 60,000 support zone and BTC extended decline below USD 59,500. It is currently (11:51 UTC) down almost 6% and it could decline further towards USD 57,500.
Besides, most major altcoins are gaining bearish momentum. ETH declined 5% and it broke the USD 4,000 support zone. XRP spiked below USD 1.00 and it might continue to move down. ADA dived almost 8% and traded below USD 2.00.
Total market capitalization…
Read More: Bitcoin, Ethereum, and Altcoins Drop Below Key Levels…
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Bitcoin price settled above the USD 62,000 level. However, BTC is struggling to gain pace above USD 63,000 and USD 63,200. It is currently (11:55 UTC) trading in a positive zone, but a close above USD 63,000 is important for more upsides.
Besides, most major altcoins are eyeing upside break. ETH could rally if there is a clear break above USD 4,250. XRP could aim for a clear break above the USD 1.15 resistance. ADA might gain momentum if it settles above USD 2.20….
Read More: Bitcoin and Ethereum Consolidate, Altcoins Eye Upside Break…
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Bitcoin price formed a base and climbed above the USD 62,000 resistance. BTC broke the USD 62,500 and even spiked above USD 63,000. It is currently (04:32 UTC) trading below USD 63,000, but it might increase towards USD 64,500 in the near term.
Besides, most major altcoins are showing positive signs. ETH is up 2% and trading above the USD 4,200 level. XRP is eyeing a key upside break above USD 1.12 and USD 1.15. ADA is rising towards the USD 2.20 resistance zone….
Read More: Bitcoin and Ethereum Show Signs of Fresh Increase…
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Bitcoin price started a fresh increase above the USD 61,500 resistance. BTC cleared the USD 62,000 level and it is currently (11:56 UTC) trading above USD 63,100. If there is a close above USD 63,000, the bulls might gain strength in the near term.
Besides, most major altcoins are also rising. ETH is facing hurdles near USD 4,180 and USD 4,200. XRP might start a decrease if it remains below USD 1.12. ADA is stuck between USD 2.10 and USD 2.20.
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Read More: Bitcoin Gains Momentum, Ethereum, Altcoins Show Positive Signs…
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Proshares’ Bitcoin Futures ETF was the biggest news this week….
Continue reading on https://decrypt.co/84232/this-week-in-coins-bitcoin-and-ethereum-set-all-time-highs-altcoins-rally
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Proshares’ Bitcoin Futures ETF was the biggest news this week….
Continue reading on https://decrypt.co/84232/this-week-in-coins-bitcoin-and-ethereum-set-all-time-highs-altcoins-rally
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Bitcoin price started a downside correction from the USD 67,000 zone. BTC corrected lower below USD 65,000 and USD 63,500, before going higher again. It is currently (11:51 UTC) trading above USD 63,500, but there is a risk of a downside correction.
Besides, most major altcoins are also correcting lower. ETH is down over USD 200, but it is still above USD 4,000. XRP could struggle to stay above USD 1.08 and USD 1.05. ADA might revisit the USD 2.12 support zone….
Read More: Bitcoin and Ethereum Reach Key Support, Altcoins Face Sellers…
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Bitcoin price is currently (04:25 UTC) trading well below USD 64,000 and there could be more downsides in the short-term.
Besides, most major altcoins are also trimming gains. ETH traded below the USD 4,320 and USD 4,250 support levels. XRP is still struggling to clear the USD 1.15 resistance zone. ADA tested USD 2.30 before correcting lower.
Total market capitalization…
Read More: Bitcoin and Ethereum Correct Gains, SOL Breaks USD 200…
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Bitcoin price is stable above the USD 65,000 pivot level. BTC started a fresh increase and traded above USD 66,000. It is currently (12:00 PM UTC) correcting gains near USD 65,000, but it could continue higher above the USD 66,000 level.
Besides, most major altcoins are gaining strength. ETH gained 10% and it broke the USD 4,200 resistance, reaching its new all-time high. XRP surpassed USD 1.15 before correcting lower again. ADA rallied above USD 2.20 and USD 2.25….
Read More: Ethereum Hits Record High, Bitcoin Corrects, SOL Flips XRP…
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