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Tether and Bitfinex Ask New York Attorney General for Fund Accessibility

Attorneys for Tether and Bitfinex are hoping to get the former access to its reserves amid a legal dispute with New York Office of the Attorney General (NYOAG). In a letter sent to the New York County Supreme Court, attorneys representing iFinex (the parent organization of Bitfinex) and Tether took issue with the restrictions that had been placed on Tether's transactions with related parties as part of an ongoing case against them, stating that the NYOAG had no basis for disallowing tether (USDT) holders and other affiliated entities from redeeming their tokens. дальше »

2019-5-16 18:51


Price Analysis And Forecast: Bitcoin (BTC), Litecoin (LTC) and EOS

BTC/USD A bull run is seen in the last 24h. The day started with a bullish market rally when the BTC was trading at $5645 (A) and pushed up its momentum to trade at $5,940 (B). At around May 3rd and  4th (C and D), the relative strength index was above 70 indicating overbought in […] The post Price Analysis And Forecast: Bitcoin (BTC), Litecoin (LTC) and EOS appeared first on ZyCrypto. дальше »

2019-5-7 16:49


Bitcoin Cash (BCH) Price Prediction: A Profit of 40% Could Come Soon

The market of cryptocurrencies is presenting an encouraging forecast for the most important at least, with Bitcoin dominating the scene and marking the way for the rest of the altcoins. Despite the current corrective moment, BTC and the market have high volume of operations and market capitalization, which gives strength so that prices do not […] дальше »

2019-5-5 23:16


Is Bitcoin’s Surging On-Chain Volume Bullish, or Just the Result of Recent Rallies?

Although many traders and analysts alike are currently looking towards relatively small Bitcoin price movements for greater insight into where the crypto is heading next, recent data regarding BTC’s on-chain transaction volume may signal that the cryptocurrency is currently incurring greater fundamental strength. дальше »

2019-5-2 01:00


Analyst: Bitcoin Likely to Drop into Lower-$4,000 Region Before Finding Significant Support

Although many investors and analysts alike viewed Bitcoin’s muted reaction to the recent Tether/Bitfinex controversy as a sign of improving fundamental strength, it may be too early to celebrate just yet, as one analyst believes that BTC may dip back into the lower-$4,000 region before finding any significant levels of support that allow it to. дальше »

2019-4-30 03:00


Slowing Macroeconomy Could Be A Boon For Bitcoin & FAANG Stocks: Researchers

Since 2018’s bear market came to life, investors have tried to determine what will revive Bitcoin (BTC) once again. According to industry researcher boutique Delphi Digital, the strength (or lack thereof) of the macroeconomy could be a boon for the cryptocurrency market moving forward, in spite of the fact that many pundits see digital assets. дальше »

2019-4-14 03:00


‘Emotional’ Bitcoin Bulls are ‘Grasping At Straws’, Claims Bloomberg Analyst

A recent article in Bloomberg paints a less optimistic future of the crypto markets than you might typically find this week. Vildana Hajric reports that the GTI Global Strength Indicator of the Bloomberg Crypto Index, which tracks significant cryptos, has the same trends which led to its previous peak in January 2018. дальше »

2019-4-10 17:40


Data shows bitcoin most overbought since 2017: parabolic phase or impending crash?

Bitcoin is currently at its most expensive levels in 2019. According to the GTI Global Strength Indicator—a technical analysis tool that gauges intraday crypto volatility, bitcoin is currently in ‘overbought’ territory—suggesting it could be entering a “parabolic phase,” or be prepared for another downturn. дальше »

2019-4-7 11:38


Bitcoin’s Global Strength Indicator Shows BTC Is Most Overbought Since December 2017

Bitcoin: Most Overbought Since December 2017 Bitcoin (BTC), the most popular digital asset in the market, has currently reached an overbought record in more than a year. The GTI Global Strength Indicator shows that Bitcoin is the most overbought since it reached $20,000 in December 2017. A few days ago, the digital asset surpassed $5,000 […] дальше »

2019-4-6 01:56


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Bitcoin Price Analysis: Upward Drift Continues Following Established Macro Support

Since mid-February, the bitcoin market has continued to drift upward toward a band of strong, macro resistance (shown below as a red band). This slow, drift upward marks our fourth test of the resistance zone and, unlike the three prior tests, our rejection of the level has shown a weakness on the side of the bears:Figure 1: BTC-USD, Daily Candles, Fourth RejectionIf we compare the three prior rejections (labeled 1, 2 and 3), we see that the move into this resistance level was violent — and had equally violent rejections. дальше »

2019-3-29 02:21


Bitcoin Still Bullish Says Analyst as Crypto Token Binance Coin (BNB) Surges 15%

In the last 24 hours, the Bitcoin price has slightly dropped from $3,860 to $3,770, struggling to demonstrate strength at the $4,000 resistance level. Despite the lack of momentum on the price trend of Bitcoin, several crypto tokens in the likes of Binance Coin (BNB) and Enjin Coin (ENJ) have recorded 15 percent gains against the U. дальше »

2019-3-5 11:12


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Bitcoin Price Analysis: Bullish Rejection Wipes Out Bitcoin’s Weekend Gains

Over the weekend, a strong rally was stifled by an even stronger rejection as the bitcoin market was shoved into a band of overhanging resistance. This band of resistance has been mentioned several times in our analyses over the last few weeks as it has proven impossible to overcome for the time being:Figure 1: BTC-USD, Daily Candles, Failed BreakoutThis run to the low $4,000s coincided with a breakout of a rather large symmetrical triangle consolidation shown above. дальше »

2019-2-26 02:42