Cryptocurrency News Roundup for April 13, 2020

Cryptocurrency News Roundup for April 13, 2020
фото показано с : beincrypto.com

2020-4-14 10:17

Bitcoin’s dip below $7,000 on April 13 could very well be the first phase of a longer-term downward move. BTC was consistently on the rise since March 13, but are we currently looking at the bearish turnaround to that rally?

We probably are, according to well-known trader @CryptoDonAlt who outlined three long-term support levels, each assigned to one specific class of traders.

BeInCrypto has more on that. Meanwhile, in other important news from April 13:

Bitcoin Investors ‘Warned’ of an Upcoming Pricey Lesson

Euro Pacific Capital CEO Peter Schiff seems adamant about his notion that Bitcoin and gold have no similarities whatsoever.

An unapologetic gold bug and Bitcoin basher, Schiff has warned Bitcoin loyalists saying that they should be bracing for pain instead of celebrating any upcoming milestone. He made that comment in reference to the forthcoming Bitcoin halving, a milestone event carefully designed to slash block rewards by half as a preemptive anti-inflation measure.

Read the Full Article

Bitcoin Cash (BCH) in Big Trouble

Despite a minuscule bump in price following its first halving last week, Bitcoin Cash appears to be caught in one heck of a downward spiral. The drop in hash rate for the world’s fifth-largest cryptocurrency (by market cap) has been nothing short of drastic.

Since April 6, it has fallen some 60% to lows not seen since April 2019 — most likely due to halving intensified selling pressure. Some analysts fear that this may be a bad sign for what’s to come for Bitcoin after its own halving just around the corner.

Read the Full Article

Chainlink Vs. Tezos — Which has Higher Growth Potential?

While both LINK and XTZ broke out from descending wedges, the magnitude of the breakout and successive movement has been dissimilar. In addition, there does not seem to be a delayed correlation between the movement of the two.

Read the Full Analysis

Futures Traders are Paying a High APR to Short BTC

Indicators for BTC futures markets are not looking good, as traders seem to be willing to pay a higher APR to short. According to CL (@CL207), people are paying a 6.5% APR interest to short BTC on futures exchanges.

However, some traders saw this as a counter-signal. As some replies said, this is the opportunity to margin-long. Indeed, that’s what the majority of the market seems to be doing. Most margin traders for BTC on Bitfinex, for example, are currently long (64%). A similar situation is true for BitMEX.

Read the Full Article

Bitcoin Analysis for April 13

The BTC price has broken down from an ascending wedge and validated it as resistance afterward. We believe the price will continue to decrease at least until it reaches $6,300.

The weekly chart provides a bearish outlook for BTC. The BTC price has broken down from an ascending wedge and validated it as resistance afterward. The price has fallen back within its previous range of $6,900-$5,700.

Read the Full Analysis

DOGE Sees a Rise in Transactions

Dogecoin stubbornly resisted the downward trend in daily transaction figures that swallowed pretty much the entire cryptocurrency market between March and April 2020. For reasons unknown, there has been a steady increase in transactions involving DOGE. For perspective, on Feb 20, DOGE had some 24,000 daily transactions. That number has risen to 32,400 daily transactions as of April 12 — an increase of 35%.

Read the Full Article

The post Cryptocurrency News Roundup for April 13, 2020 appeared first on BeInCrypto.

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Источник: beincrypto.com

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Cryptocurrency News Roundup for April 6, 2020

Bitcoin managed to venture beyond the resistance of $7,200 in the late hours on Monday and is trading for just under $7,300 at the time of publishing. This is making the optimists in the community conclude that bulls are totally in control of the market now and the coast is clear until the next major […] The post Cryptocurrency News Roundup for April 6, 2020 appeared first on BeInCrypto.

2020-4-7 10:10


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Argo Blockchain добыла за квартал рекордное количество биткоинов почти на $8 млн

Британская майнинговая компания Argo Blockchain добыла за первый квартал 2020 года 918 биткоинов. Это вдвое превысило показатель предыдущего квартала и стало рекордом для фирмы. https://t. co/jSqchfruiu — Argo (@ArgoBlockchain) April 6, 2020 В марте компания добыла 333,8 BTC, а в феврале — 337,5 BTC.

2020-4-6 18:57


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Sensorium’s Senso Token Lists on the Top Ten HitBTC Cryptocurrency Exchange

The move follows a similar listing on the KuCoin exchange and will drive further usage of cryptocurrencies as the innovative Sensorium Galaxy platform is set to attract millions of users worldwide. Los Angeles, 06 April 2020: Sensorium Corporation has listed its digital currency Senso Token on HitBTC one of the oldest and most advanced cryptocurrencyRead MoreRead More.

2020-4-6 17:00


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TRON’s Justin Sun Unveils DeFi Platform JUST Mainnet

Decentralized web blockchain project TRON (TRX) CEO, Justin Sun, on April 4, 2020, tweeted that Djed, the test of the project’s stablecoin platform has successfully completed testing. Enter Project JUST In a fresh announcement, TRON founder Justin Sun stated that he had rebranded TRON’s newly launched decentralized finance (DeFi) project Djed to JUST to markRead MoreRead More.

2020-4-6 20:00


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COVID-19: Stellar Lumens (XLM) Community, SDF and Lumenthropy Donate to Charities 

The Stellar Development Foundation (SDF), Lumenthropy, an XML-powered philanthropic organization and the Stellar community have launched a donation program that aims to give out 2. 5 million lumens to XML-supported charities like UNICEF and others to enable them to tackle the coronavirus pandemic, according to a blog post on April 1, 2020.

2020-4-5 20:00


Кастодиан криптовалют Anchorage добавил поддержку XRP

Ориентированный на институциональных инвесторов кастодиальный сервис Anchorage добавил поддержку цифровой монеты XRP финтех-стартапа Ripple. Announcing: Anchorage supports XRP. https://t. co/2j8BgsCJ2z — Anchorage (@Anchorage) April 2, 2020 Включение поддержки XRP в компании объяснили спросом со стороны институциональных владельцев монеты, которые «хотят получить более безопасное и удобное для использования кастодиальное решение».

2020-4-5 10:59


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Binance CEO and Akon, other big names to speak at BlockDown 2020 virtual conference on April 16-17

Changpeng Zhao, the CEO of Binance will be delivering a keynote speech and an AMA at the BlockDown 2020 virtual conference. The virtual event, which will take place on Apr. 16 and Apr. 17, will also feature other prominent speakers, including NEO co-founder Da Hongfei, ShapeShift CEO Erik Voorhees, Peter McCormack, and music superstar Akon.

2020-4-2 17:55


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Countdown to Block Reward Reduction – 18 Days Until Bitcoin Cash Halving

In 18 days, the Bitcoin Cash (BCH) network will see its next halving as the block reward will decrease from 12.5 to 6.25 coins on or around April 8, 2020. BCH will be the first blockchain out of the top three SHA256 networks to halve as BSV will see a reward reduction two days after […] The post Countdown to Block Reward Reduction – 18 Days Until Bitcoin Cash Halving appeared first on Bitcoin News.

2020-3-21 21:10


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