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Ethereum’s Reaction to This Crucial Support Level Will Determine its Fate in 2020

Ethereum has seen some lackluster price action in recent times, largely facing sideways trading similar to that incurred by Bitcoin and the entire crypto market It has posted some signs of weakness throughout the past several hours due to it dipping below its well-established trading range This has led it down to what analysts are describing as a “crucial level,” and its reaction here could determine its fate in the months ahead One venture capitalist […] дальше »

2020-6-21 22:00


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Analysts Target a Sub-$200 Move for Ethereum Once it Taps This Crucial Level

Ethereum has been closely tracking Bitcoin’s price action throughout the past several weeks and months The cryptocurrency did recently form an incredibly bearish technical pattern that analysts are still closely watching There’s a strong possibility that the crypto could be positioned to see notable downside in the near-term due to this pattern One analyst is even targeting a movement down to the sub-$200 region This price action could be magnified by a recent surge in […] дальше »

2020-6-15 22:00


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50% of Bitcoin CME Open Interest is Set to Expire Friday; What This Could Mean

The CME’s Bitcoin futures and options contracts have been seeing booming popularity in recent times This has led the open interest on the platform to rocket, with this growth being driven by an influx of institutional and professional traders to the market 50% of this open interest for both options and futures are set to expire on Friday, however, and this could lead traders to roll over their contracts to future months This could catalyze […] дальше »

2020-5-27 21:00


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Investors are Heavily Accumulating Ethereum Despite Gloomy Outlook

Ethereum has been seeing some incredibly lackluster price action throughout the past several weeks and months, setting a series of lower lows while losing ground against Bitcoin Despite showing signs of technical weakness, data shows retail investors have been busily accumulating the cryptocurrency This trend isn’t unique to just retail investors either, as data also reveals that institutional investors have also been stocking up on ETH Ethereum has seen some lackluster price action in recent […] дальше »

2020-5-25 22:00


Ethereum’s Macro Technical Structure Signals It Could Rally to $750 in Months Ahead

Ethereum’s immense weakness in recent times may not last for too much longer, as one technical structure suggests the cryptocurrency could be poised to rally higher One analyst is even noting that the crypto could surge up to highs of $750 if this structure plays out This comes as data shows that investors on cryptocurrency exchange platform Bitfinex may have been heavily accumulating ETH throughout the past several months Ethereum’s immense weakness seen throughout the […] дальше »

2020-5-19 02:00


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New Users are Flooding into Bitcoin; Will This Catalyze a Move Past $10,000?

Recent comments from the CEO of Binance seem to indicate that the cryptocurrency exchange is seeing a massive influx of new platform registrants He also notes that the activity level of these registrants is much higher than that seen several months ago This could be an early sign of an imminent wave of new retail adopters – the same ones who drove Bitcoin’s price up to highs of $20,000 in late-2017 From a technical perspective, […] дальше »

2020-5-13 02:00


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Bitcoin Critics Lampoon Latest Price Plunge, Claim Whales Are Responsible

Many crypto market pundits are sure that the Bitcoin price will skyrocket sometime after the halving, they claim six months to two years for Bitcoin to soar past a new all-time high price. However, in reaction to the recent price drop, Gold bug, and Bitcoin-hater, Peter Schiff uncovers the possible whale’s inner sentiment. The large […] дальше »

2020-5-10 14:37


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Institutional Traders Highly Active as Importance of Bitcoin’s Rally Grows Clear

Bitcoin’s recent rally has sparked a massive influx of activity from large retail and institutional futures traders This heightened trading activity comes as the crypto reaches a “make or break” price level that could determine how it trends in the weeks and months ahead Bitcoin incurred a notable uptrend yesterday morning that allowed it to climb from lows of $7,100 to highs of $7,800 before it met some resistance and declined back down to its […] дальше »

2020-4-26 02:00


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This Macro Trend Signals Ethereum Will Soon Reach $40, Notes Analyst

Ethereum has seen all of its recent upswings grow weaker throughout the past several months Underlying weakness amongst ETH buyers could be enough to lead the cryptocurrency to as low as $40-50 by the end of 2021 Ethereum, like Bitcoin and most other cryptocurrencies today, has further extended the downwards momentum that was first sparked yesterday when the crypto lost its recent momentum and declined from highs of $190. This current weakness appears to be […] дальше »

2020-4-21 23:00


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Bitcoin Still Months Away From Recovery, Fundstrat Analyst

Bitcoin might need several months to recover from its recent crash, according to a recent report published by Fundstrat Global Advisors. Bitcoin Needs Time to Repair Serious Damage The technicals behind the Bitcoin price are not in good shape, as per Fundstrat’s report published yesterday, though the cryptocurrency has already surged over 13% since then. дальше »

2020-3-21 19:00


Ripple Chief Critical of Bitcoin, Ethereum ‘Wasteful’ Energy Consumption

As if there wasn’t enough tribalism within the crypto community already, Ripple’s CEO has blatantly bashed bitcoin and Ethereum for their energy consumption and carbon foot print. Bitcoin Using More Energy Than Ever A recent article in the UK’s Telegraph has claimed that one bitcoin transaction uses more energy than an average British household does in two months. дальше »

2020-3-4 12:00


Past Crypto Cycle Highlights Altcoin Underperformance, But Perfect Storm is Coming

Although altcoins have vastly outperformed Bitcoin in recent weeks, the asset class is still trailing far behind the first-ever crypto asset when compared to past cycles. And if history repeats, Bitcoin is likely to trade sideways over the next few months, making for the perfect environment for altcoins to shine and steal the limelight once... дальше »

2020-2-20 20:00