Bitcoin May Be Poised to Push to $11,000 as Bullish Confluence Grows

Bitcoin has entered what appears to be a consolidation phase as its bulls and bears reach an impasse This has led the benchmark crypto to trade sideways within the upper-$8,000 region for an extended period of time Analysts are noting that there are some bullish factors that seem to suggest the recent rally is far from over, and that BTC could soon make a bid at $11,000 Bitcoin has seen some highly bullish price action […]

379 +

Bad for Ethereum: 3 Bearish Factors Could Catalyze a Strong ETH Correction

Despite Ethereum’s rejection at $200 and Bitcoin’s similar rejection at $7,800, the cryptocurrency market has held strong over the past 24 hours. Case in point, Ether continues to trade for $194, just shy of the weekly highs and above the $180-190 region, which analysts have identified as a zone of support.

262 +

Bitcoin: Investment or sale on these days would yield maximum profits

Would you rather Dollar Cost Average Bitcoin? Or trade it? Perhaps you could just buy the dip? Or maybe it is too risky, confusing, and emotionally taxing to know when to invest in Bitcoin. This arThe post Bitcoin: Investment or sale on these days would yield maximum profits appeared first on AMBCrypto.

301 +

Telegram’s Fight Against SEC Will Help Push Cryptocurrency Legislation, Says Trade Group

Telegram’s ongoing court battle with the SEC over its $1.7 billion token offering could put pressure on Congress to move cryptocurrency regulation forward, according to the Blockchain Association.

184 +

Bitcoin Poised For A Vicious Sell-Off In Near-Term, Crypto-Friendly US Congress Candidate Says

As the coronavirus pandemic rages on, the global economy hangs in a very precarious position. Bitcoin has gained circa 1.5% over the last 24 hours to trade at around $6,476. David Gokhshtein, a pro-crypto Republican candidate to the US House for New York’s 1st Congressional District in the upcoming elections has warned that bitcoin could […]

428 +

Trump’s Bumbling Coronavirus Rhetoric Will Reignite U.S.-China Trade War

Donald Trump and his bumbling coronavirus rhetoric could plunge the U.S. back into a brutal trade war with China. The post Trump’s Bumbling Coronavirus Rhetoric Will Reignite U.S.-China Trade War appeared first on CCN.com

191 +

Global interest for Bitcoin could be about to explode, here’s why

Trade volumes are booming on primary and secondary Bitcoin exchanges as Google searches for the number-one crypto skyrocket, indicating that to some degree a panic-induced flight to BTC may be in its early stages after the global economy’s recent capitulation.

158 +

Here Are the 7 Mistakes Made by New Bitcoin Traders

We are going to take a look at a few mistakes new Bitcoin traders often make when they have real money on the line.   How to Stay in Control as a New Bitcoin Trader Let’s take a look at common mistakes made by inexperienced traders: Entering a trade without a plan in place could get you liquidated.

174 +

Should You Trade Cryptos on Brokerage Platforms?

While most people resort to using crypto exchanges, this is actually one of the biggest mistakes they could make. There are several reasons why we do not purchase our fiat currencies on stock, currency exchanges, or on the interbank market.

151 +

Litecoin Prints Array of Buying Signals, and That’s Massively Bullish for Crypto

Despite the brutal retracement the cryptocurrency market saw this week, a top analyst is getting bullish on Litecoin, citing an array of technical factors. While this may not seem relevant to many readers, as many of you may not trade or own the altcoin, LTC’s directionality could have a strong effect on the rest of...

165 +

Bitcoin (BTC) Price Could Hit $11,000 After 'Wiping Out' Shorts, Says Trader

The Bitcoin (BTC) price is ready to make a major move with a bunch of short trade stops resting above a major resistance level

148 +

Crypto Goes IPO — Ripple Could Lead the Blockchain Industry's Charge

The reality of a Ripple IPO divides analysts: “A successful IPO has the potential to alter the dynamics around how investors trade Ripple.”

124 +

How XRP Price Could Plunge to Fresh Lows With BitMEX’s New Swap Launch

On January 23rd, leading Bitcoin derivatives exchange BitMEX revealed its intent to launch a new financial product for XRP. In a blog post, the company said that this product would be a “Ripple USD quanto swap,” which will allow traders to leverage trade the cryptocurrency with leverage of up to 50x.

245 +

Can Longing Bitcoin and Shorting Oil Be a Viable Trade for 2020?

Bitcoin has made further progress over the weekend in a move back to resistance at $8,600. Gold prices moved upwards also but this time oil went in the opposite direction, could this be a sign of things to come? Bitcoin Safe Haven Redux on Virus Fears Bitcoin has made around 5% since the weekend started and is back at resistance at $8,600.

185 +

Trump ‘Loves’ Negative Rates and ‘Could Get Used to’ Them, Criticizes Fed at World Economic Forum, China Trade Deal

U. S. President Donald Trump spoke at the World Economic Forum in Davos, Switzerland Tuesday saying the U. S. and other nations are “forced to compete … with nations that are getting negative rates, something very new.

139 +

Tezos Could Trade Inside a Symmetrical Triangle for the Majority of 2020

The Tezos (XTZ) price has been decreasing since reaching a peak of 25,520 satoshis on Dec 17 but could see a significant turnaround in the neighborhood of 12,000 satoshis. On Jan 8, BeInCrypto published an article outlining the top-five cryptocurrency projects to keep an eye on in 2020: QNT OCEAN XTZ DAG FCT Here Are the Five […] The post Tezos Could Trade Inside a Symmetrical Triangle for the Majority of 2020 appeared first on BeInCrypto.

179 +

Bitcoin Just Plunged to the $6,800s: 3 Reasons Why Price Could Bounce

Unfortunately for Bitcoin bulls, the cryptocurrency market isn’t starting 2020 off on the right foot. According to data from CoinMarketCap, the price of BTC has fallen by 3. 5% in the past 24 hours, tumbling below $7,000 to trade around $6,800 for the umpteenth time in a few weeks’ time.

178 +

Dow Dives 183 Points as Billionaires Fear the Rise of Bernie Sanders

The Dow Jones fell 183 points on Monday as bulls forget the trade war and focus on what could be a chaotic 2020 election cycle. The post Dow Dives 183 Points as Billionaires Fear the Rise of Bernie Sanders appeared first on CCN.com

132 +

Bitcoin to Benefit More from Trade War in 2020 than Halving

A misguided euphoria rising from the “phase one deal” between the US and China could help bitcoin becoming one of the most profitable investments in 2020. The offbeat asset has been pursuing a flat trajectory ever since Washington and Beijing reached an initial agreement.

175 +

A Rash of Injuries Could Change Everything for the Raptors – and Maybe the Entire NBA

Due to a sudden rash of injuries, don't be surprised if the Raptors fall behind the East's top-five over the coming weeks – potentially sparking a league-altering move at the trade deadline. The post A Rash of Injuries Could Change Everything for the Raptors – and Maybe the Entire NBA appeared first on CCN.com

112 +

3 Teams That Should Trade For Chris Paul Now

Chris Paul is currently stuck in Oklahoma City with seemingly no escape. There are, however, a few teams that could benefit greatly from CP3. The post 3 Teams That Should Trade For Chris Paul Now appeared first on CCN.com

117 +

3 Reasons Why Boeing’s (BA) Production Freeze Is Disastrous for Trump’s Trade War Agenda

The freeze on the production of the Boeing 737 MAX could have unintended consequences for Donald Trump and his trade agenda. The post 3 Reasons Why Boeing’s (BA) Production Freeze Is Disastrous for Trump’s Trade War Agenda appeared first on CCN.com

132 +

Easing Trade Tensions Could Crash Bitcoin Further as Stocks Steal the Spotlight

Investors' growing appetite for risk-on assets is sending haven assets, including the new kid bitcoin, on a falling spree. The post Easing Trade Tensions Could Crash Bitcoin Further as Stocks Steal the Spotlight appeared first on CCN.com

139 +

One Frightening Scenario That Could Tank the Dow Despite U.S.-China Trade Hopium

Analysts in China say the phase-one trade deal doesn't resolve all trade-related issues. The Dow could see more volatility moving forward. The post One Frightening Scenario That Could Tank the Dow Despite U.

117 +

Dow Futures Suffer Monday Blues Ahead of Critical Trade Deadline

Trump could be digging in for a longer trade war with China.…

The post Dow Futures Suffer Monday Blues Ahead of Critical Trade Deadline appeared first on CCN.com

125 +

China Continues Supporting Blockchain Technology With New Investment In Hainan’s Free Trade Zone

Blockchain could receive support in China from Hainan Province. This region released the first blockchain pilot zone in the free trade zone of the province. This would bring talents, improve technological adoption and it would eventually help investment grow, among other things.

157 +

SBI VC Trade announces successful implementation of BCH hard fork post-bugs

SBI's Cool X wallet announced the successful implementation of Bitcoin Cash [BCH] hard fork, after facing some errors. The hard fork that took place on 15 November 2019 faced some issues and could notThe post SBI VC Trade announces successful implementation of BCH hard fork post-bugs appeared first on AMBCrypto.

165 +

Bitcoin Price to ‘Trade Again at $8000 Soon’: Analyst

Bitcoin price has had a very positive week on the back of probably its worst one this year. Since Monday’s dip, BTC has gained 18% to current prices. Chart patterns and the lack of a major capitulation could indicate that the bottom is in and the only way is up from here.

235 +

Crypto Markets Surging on Back of Rising US Tech Stocks?

A recent rally of technology companies’ shares led to an overall increase in US stock prices, which are hitting new records. Could this bullish activity be the cause of today’s crypto recovery?  US and China willing to continue with the talks The US/China trade war still rages on, but recent events have had some positive impacts on the prices of stocks around the world.

228 +

Hong Kong Bill Could Be Nail in Coffin for US-China Trade Deal

Trump will likely sign a bill supporting Hong Kong protests, according to…

The post Hong Kong Bill Could Be Nail in Coffin for US-China Trade Deal appeared first on CCN.com

135 +

LocalBitcoins Trade Volume Hits Lowest Point Since 2017

At its highest point this year, the platform moved over USD 70,000,000 in one week. Increased personal data required by the platform could influence the decline. Bitcoin (BTC) trades through the LocalBitcoins platform have fallen to their lowest levels since August 2017.

250 +

Bitcoin as a World Reserve Currency Could Help Bolster the US Dollar

The U. S. dollar is currently the reserve currency of the world, but it comes at the cost of trade imbalances and growing debt. Bitcoin, on the other hand, provides the world with a better alternative.

147 +

Dow’s Sizzling Rally Faces New Threat as China Defends Xinjiang Camps

The Dow spiked to all-time highs because Wall Street is confident a trade deal is coming. However, that optimism has been put on hold. And sentiment could continue to worsen as new information emerges about China’s “reeducation” camps in Xinjiang.

184 +

Dow Teeters as Trade War Doubts Throw Stock Market into Disarray

The Dow, S&P 500, and Nasdaq struggled to build on last week’s rally as investors digested conflicting trade war headlines. Meanwhile, the stock market is now at its most expensive since last year’s violent correction.

197 +

US Interference in Hong Kong Protests Could Hinder China Trade Deal

Hong Kong protests are escalating, which has pushed U. S. lawmakers to ‘hotline’ the Hong Kong Human Rights and Democracy Act. Trump is unlikely to block the bipartisan bill, which could anger Beijing and stall trade talks.

117 +

Dow Futures Jump but a Trump Tirade Could Torpedo the Stock Market

Dow Futures are up Friday thanks to positive trade war-related comments from Larry Kudlow. Kudlow, however, has mentioned that the deal isn’t done yet, and that uncertainty could be bad news for the stock market.

146 +

Trump’s North American Trade Deal Could Give Massive Boost to Dow Jones

House Speaker Nancy Pelosi says the USMCA is nearing ratification in the Democratically controlled House. Democrats say they want to be sure environmental and labor standards meet their expectations before striking a deal with Trump.

121 +

Dow Futures Crumble on Fears Trade Deal Could Blow Up Before Christmas

Dow Jones Industrial Average (DJIA) futures fell 50 points ahead of the bell on Thursday. Significant roadblocks between the US and China have dampened prospects of a trade deal. Former Credit Suisse CIO said talks are at risk of breaking down before Christmas.

211 +

Blame Trump for the Next U.S. Recession, Not the Fed: Former RBI Chief

Donald Trump is sending the U. S. economy close to a recession thanks to his trade war with China. Former RBI chief Raghuram Rajan believes that Trump is the biggest threat to the U. S. economy and could be the catalyst for a recession.

155 +

Dow Plunges at the Open Following Navarro’s Tariff Bombshell

The Dow Jones Industrial Average opens sharply lower on Monday. Peter Navarro, President Trump’s assistant, argues forcefully against the idea that a tariff rollback is being eyed as part of a partial trade deal with China.

154 +

Dogecoin Could Be Trade of the Winter, Says Well-Known Analyst

Dogecoin (DOGE) has been known for rapid movements of significant magnitude throughout its history. Furthermore, some believe that it is the initiator of “altseason” since the asset has previously been the first one from major altcoins to post significant increases.

201 +

Dow Roars Despite Analyst Fears that Trump’s Tariff Rollback Will Backfire

The Dow Jones leaped higher after the US and China appeared to agree to remove tariffs. Goldman Sachs is one of the leaders in the Dow Jones after a massive pop in US Treasury yields. However, analysts at ING are concerned that Trump’s trade war decision could come back to haunt markets.

160 +

Expect a Massive Year-End Rally for U.S. Stocks

There’s a good chance that stocks finish 2019 with a powerful rally. Catalysts include positive seasonality, strong market breadth, bearish sentiment, desperate fund managers, and a more dovish FOMC.

171 +

Beijing Bombshell Casts Doubt on Comprehensive Trade Deal With ‘Impulsive’ Trump: Bloomberg

Chinese officials are worried that U. S. President Donald Trump’s impulsive nature could scuttle a deal. U. S. trade negotiators and Trump himself are unlikely to meet the demands of the Chinese.

142 +

LocalBitcoin Suffers a Massive 30% Drop in Trade Volumes, Even In Low Economic Freedom Areas

From the first week of October, LocalBitcoins, a cryptocurrency exchange, could only watch as their trade volumes went into a freefall. At the end of last week, the exchange only saw around $38.49 million in BTC traded, while this may seem high to conventional people, for the finance industry, this is not a good sign. […]

143 +

Upbit Exchange’s Operator Dunamu Looks To Use Blockchain for OTC Securities Platform

Dunamu, the company which acts as the operator behind the popular crypto exchange Upbit, has recently affirmed that it would release a new app that could be used to trade unlisted securities in South Korea.

146 +

Bitcoin Bear Flag Could Cause Crypto Asset To Retest February 2018 Lows

As the 2019 parabolic rally came to a close, Bitcoin began to trade within a large, multi-month descending triangle pattern that only just recently broke down after extensive consolidation. According to a popular crypto analyst, the breakdown resulted in Bitcoin forming a bear flag, and it likely signals further continuation to the downside, potentially as.

164 +

How a blockchain-based digital ID system could help tackle human trafficking

Human trafficking affects every country in the world.  In fact, estimates say that 20-40 million people are enslaved across the globe, earning criminals profits of approximately $150 billion a year.

178 +

Sell The Dow On ‘Positive’ Trade War News: Morgan Stanley Chief

Almost the entire news cycle for stock markets is devoted to how the trade war has been extremely detrimental for the US economy and that a trade deal could lead to a big rally. To the contrary, one high profile equity strategist is not convinced that the Dow is a buy, or even that Trump’s […] The post Sell The Dow On ‘Positive’ Trade War News: Morgan Stanley Chief appeared first on CCN.com

159 +