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Bitcoin Is Holding a Support That Stretches Back to 2018’s Lows
Bitcoin has seen weak price action since reaching the highs of $12,500 in late August. At the start of the month, the leading cryptocurrency slipped from the year-to-date highs to a low of $9,800 as it corrected in tandem with legacy markets. дальше »
2020-10-2 02:59 | |
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A “Flash Crash” Scenario Looms Over Bitcoin; Here’s Why
Bitcoin may undergo a significant price correction before the US presidential election due to its proximity to gold, hints Clem Chambers. The CEO of ADVFN – Europe’s leading stocks and shares website, told Kitco News that most assets that have shown a positive correlation during the 2020 bull run tend to fall in tandem. дальше »
2020-9-30 08:34 | |
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Bitcoin Expects to Hit Yearly Highs on UBS’s Bullish Gold Call; Here’s Why
Bitcoin is looking to resume its uptrend towards $12,500 based on its proximity with traditional rival gold. The analogy pops out of an erratic positive correlation between the two assets that have caused them to trade in tandem since March 2020. дальше »
2020-9-29 14:00 | |
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Keiser Insists ‘Bitcoin Inversely Correlated To USD Not Stock Markets’ After Crypto Market Tumble
Reports that global banking giants helped criminals launder money for close to two decades helped spark the crash of global stock markets on Monday, September 21. Also tumbling in tandem with stocks were cryptocurrencies thus leading to renewed concerns that digital assets are intertwined with the global financial system. дальше »
2020-9-23 16:00 | |
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Here’s How Stock Market Turbulence Could Crush Bitcoin Short-Term
Bitcoin has been trading in close tandem with equities throughout the past several days Heightened correlation to risk-on assets is a common BTC trait during times of immense global turbulence Although this strikes a blow to its safe-haven narrative, the cryptocurrency still has a long way to go before it fully decouples with the traditional markets This global economic turbulence that is weighing on Bitcoin may only get worse as the year drags on and […] дальше »
2020-9-23 02:00 | |
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Here’s Why Bitcoin’s Recent $1,000 Drawdown Isn’t Entirely Bearish
Bitcoin has undergone a strong rejection over the past two days. The coin dropped from the $11,200 highs it was trading at just days ago to a recent low around $10,200 on Coinbase. BTC now trades for $10,450, having slightly bounced in tandem with other legacy markets. дальше »
2020-9-23 13:00 | |
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Bitcoin Eyes $11,000 as Focus Shifts to Wednesday’s FOMC
Bitcoin logged its best daily performance in more than a month this Monday as it traded in tandem with traditional markets. The benchmark cryptocurrency closed the New York session 3. 32 percent higher at circa $10,679. дальше »
2020-9-15 09:32 | |
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Ethereum Approaches Key Resistance; Break Above Could Spark Move to $650
Ethereum has seen a strong rebound from its recent lows today, with its ongoing upswing coming about in tandem with the immense technical strength seen by Bitcoin. The aggregated cryptocurrency market is trending higher today, which is partially being driven by Bitcoin’s strong weekly candle close and the ongoing upswing seen in the stock market. […] дальше »
2020-9-15 00:00 | |
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This Macro Factor Is Poised to Send BItcoin and Gold Flying in Tandem
Bitcoin’s price action has not been the most bullish over recent weeks, to say the least. After the asset posted a series of tops in the $12,000 range, a $2,000 drop ensued. At the lows early last week, BTC traded for under $10,000 due to immense selling pressure. дальше »
2020-9-15 15:00 | |
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A Bearish Reversal in Stock Market May Bleed Bitcoin: Analyst
Bitcoin remains at the risk of losing a part of its yearly gains on a negative stock market sentiment, according to Kevin Svenson. The chart analyst highlighted the S&P 500’s three-day rout this week, adding that if it becomes a “confirmed reversal,” then it would take Bitcoin–and the rest of the cryptocurrency market–lower in tandem. дальше »
2020-9-11 09:54 | |
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Despite DeFi Pivot, Tron (TRX) Just Formed This Harrowing Technical Signal
Tron has dropped in tandem with the rest of the crypto market over the past week. The prominent altcoin has dropped around 40% from its local highs around $0. 05, in fact. The cryptocurrency is up 5. дальше »
2020-9-8 15:00 | |
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Ethereum’s Mid-Term Outlook Remains Extremely Bullish Despite Today’s Drop
Ethereum has seen some rocky price action over the past few days, with sellers gaining clear control over its price action today after pushing it down over 20% from its multi-day highs. This selling pressure has come about in tandem by that seen by both Bitcoin and the rest of the crypto market, with this […] дальше »
2020-9-4 02:00 | |
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Tether to Add Layer 2 Solution, ZK-Rollups, to Reduce Congestion On Ethereum’s Network
Tether announces plans to integrate ZK-Rollups, a second layer solution using zero knowledge proofs to bundle up transactions as one to reduce the burden on Ethereum-based USDt transactions. Integration of Layer 2 solutions is becoming an ever growing concern for Ethereum users after the recent spike in gas fees in tandem with DeFi market growth. дальше »
2020-9-1 19:40 | |
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This Support May Launch Ethereum to $500, But Signs of Weakness Remain
Ethereum has seen a strong rebound from its daily lows. This has allowed it to climb into the $390 region This upsurge came about in tandem with that seen by Bitcoin and most other major cryptocurrencies This market-wide movement has allowed cryptocurrencies that were battered by yesterday’s downturn to erase virtually all of their recent losses For ETH, one analyst is now setting his sights on a movement up towards $500 in the near-term That […] дальше »
2020-8-29 23:00 | |
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Ethereum is About to Confirm a Highly Bearish Pattern; Analysts Target $320
Ethereum has been trading in close tandem with Bitcoin in recent weeks, but this correlation showed some signs of degrading just a couple of days ago when the cryptocurrency rallied to highs of $410 while BTC remained stuck below $12,000. дальше »
2020-8-26 00:00 | |
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Ethereum Isn’t Clear of Danger Yet, But Analysts are Eyeing a Move to $500
Ethereum has seen a sharp decline over the past several hours that has caused it to break back below $400 This movement came about in tandem with a similar decline seen by Bitcoin and has sent shockwaves throughout the aggregated crypto market Analysts are now noting that ETH may be poised to see further near-term weakness, but its bull case remains strong One trader is noting that Ethereum has yet to break below a crucial […] дальше »
2020-8-26 23:00 | |
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More Traders Flock To BTC Futures As Bitcoin Turns Bullish
Bitcoin surged to as high as $12,485 on Monday, breaking the crucial resistance within minutes. Although it dropped to $11,800 later, the $11,500 level is well-protected. Bitcoin’s gain in the past week is in tandem with the movement of gold, which once again stands above the $2,000 mark. дальше »
2020-8-23 11:23 | |
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PayFbit Launches ICO To Create Blockchain-based Payment And Digital Asset Management Platform
Built using blockchain technology, PayFbit introduces an array of products – Wallet, P2P Exchange, Cryptocurrency Exchange, and Smart Cards. These products will work in tandem to allow... дальше »
2020-8-22 07:11 | |
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Here’s Why Analysts Remain Bullish After Bitcoin Slipped Below $12,000
As reported by Bitcoinist previously, Bitcoin suffered a correction after peaking above $12,400 on Monday. The cryptocurrency has since suffered a retracement, falling in tandem with the price of gold. дальше »
2020-8-20 15:00 | |
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Gold Tokens Reach Milestone Market Cap; Does This Pose a Threat to Bitcoin?
Bitcoin and gold have been rising in tandem, as the dollar has been falling. It has also driven the growth of the market cap of digital gold tokens, backed by the precious metal commodity, to record highs. дальше »
2020-8-13 18:00 | |
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Cardano (ADA) price forms strong base at $0.13, but transaction volume concerns investors
Cardano (ADA) – like all other digital assets – saw a notable decline yesterday that came about in tandem with Bitcoin’s plunge from highs of $12,000 to lows of under $11,000. The post Cardano (ADA) price forms strong base at $0. дальше »
2020-8-3 08:33 | |
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Why Analysts Expect Ethereum to See Further Downside Following Intense Selloff
Ethereum witnessed some intense overnight volatility that caused its price to slide as low as $300 This intense selling pressure came about in tandem with that witnessed by Bitcoin – which caused its price to slide down to lows of $11,000 Analysts are now noting that ETH may be positioned to see further downside due to the strength of this movement Although it has found some support and stability within the mid-$300 region, weakness against […] дальше »
2020-8-3 22:00 | |
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Ethereum Reaches Crucial Macro Resistance as Analysts Eye a Pullback
Ethereum’s price has rallied higher today in tandem with Bitcoin and other major digital assets This latest surge simply marks an extension of that seen throughout the past several days and weeks, with ETH now trading at the highest price levels seen in over a year The crypto is currently pushing up against its high time frame resistance, however, which could be a sign that its uptrend will start slowing in the near-term Where it […] дальше »
2020-8-1 22:00 | |
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After Ethereum tokens surge, veteran trader Peter Brandt asks if Stellar Lumens (XLM) is next
After trading somewhat in tandem with Bitcoin and Ethereum over recent weeks, which are flat on a macro scale, Stellar Lumens (XLM) saw a strong breakout on July 16 that brought the asset up by over 10 percent, CryptoSlate data shows. дальше »
2020-7-18 00:55 | |
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Here’s the Crucial Level Ethereum Needs to Break to Avoid Cratering Lower
Ethereum has been moving in close tandem with Bitcoin over the past couple of days This has made it exposed to seeing intense downside, and it is now stuck beneath the $240 region ETH is now at risk of setting lower lows according to one analyst, but there is a way bulls can stop this from happening The trader noted that $242 is a key high time frame level that bulls must flip before tomorrow’s weekly […] дальше »
2020-7-12 22:00 | |
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Chainlink (LINK) Enters “Price Discovery Mode” as Analysts Eye Move to $11
Chainlink (LINK) is once again entering another parabolic uptrend, with this one coming about in tandem with the surge seen across the aggregated crypto market. The cryptocurrency’s intense uptrend has allowed it to set fresh all-time highs and comes as many other tokens also flash signs of strength. LINK now appears to be entering what […] дальше »
2020-7-9 20:00 | |
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Here’s When Analysts Expect Bitcoin to Print a $1,000 Candle
Bitcoin and the aggregated cryptocurrency market have been consolidating for two months now This trend isn’t showing any signs of letting up anytime soon either, as BTC has been posting some of the tightest consecutive candles that it has ever seen BTC’s trading volume has been declining in tandem with this, signaling that market participants have virtually all moved to the sidelines Analysts are still expecting the benchmark crypto to post a $1,000 candle once […] дальше »
2020-7-5 19:00 | |
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Bitcoin Hits Massive 1,350 BTC Sell Wall; Here’s Why Buyers Won’t Break It
Bitcoin has seen a tempered upswing over the past several hours that has come about in tandem with a rise in the stock market This upwards movement has done little to alter its underlying technical strength, as it still remains squarely within its long-held trading range This move has also led it up against a massive sell wall on Binance, which may slow the cryptocurrency’s ascent and stop it from incurring any notable momentum There […] дальше »
2020-6-23 02:00 | |
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The Probability of Ethereum Seeing a Parabolic Rise in 2020 is 7%; Factors to Consider
Ethereum has been moving in close tandem with Bitcoin throughout the past several days and weeks, struggling to garner any independent momentum as it ranges This sideways trading has done little to bolster the cryptocurrency’s bull case That being said, analysts have been pointing to its fundamental strength as a reason why it may soon explode higher Data seems to suggest that the crypto only has a 7% chance of seeing any type of intense […] дальше »
2020-6-23 23:00 | |
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Why Bitcoin Trading in Tandem With the S&P 500 Isn’t a Bad Thing: Analysts Explain
One of the most common narratives in the Bitcoin space is that it is entirely uncorrelated with other financial markets. Because cryptocurrencies are mostly separate from normal economic trends, it was easy for many to think that BTC is unaffected by, say, a recession. дальше »
2020-6-22 02:00 | |
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Bitcoin Largely Remains Uncorrelated to Stock Market, Crucial Data Shows
Bitcoin has shown some signs of being correlated to the stock market over the past few months, especially during times of bear-favoring turbulence This correlation, however, does not appear to be as striking as it seems, as data suggests that its macro-correlation to most traditional assets remains incredibly low One analyst explains that it has moved in tandem with other assets during sharp declines due to the crisis nature of some of these selloffs That […] дальше »
2020-6-18 02:00 | |
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As Bitcoin Reclaims $9,500, Top Trader Says It’s “Back On Schedule” To Targeting $12K
Bitcoin has recovered sharply after testing the $8,900 level on Monday. The cryptocurrency has obliterated the resistance at $9.5k after gaining over 7 percent. BTC is now trading at $9,559.51 and a popular trader believes the crypto is back to targeting $10,500 which will open the doors to $12,000. Bitcoin Is Moving In Tandem With […] дальше »
2020-6-17 17:39 | |
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Bangladesh: IBM Blockchain-Based Pilot to Enhance School Teachers’ Pension System
In an announcement dated June 12, 2020, the Bangladesh Computer Council (BCC) – a government agency overseeing IT policy in Bangladesh – in tandem with tech conglomerate IBM, unveiled a proof of concept (POC) that leverages blockchain technology to bring greater efficiency to primary school teachers’ e-pension system. дальше »
2020-6-14 23:00 | |
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Ethereum’s Rocketing Funding Rates a Grave Sign for Its Ongoing Rally
Ethereum has been severely underperforming Bitcoin in recent times, but this appears to be shifting as the cryptocurrency posts a breakout rally while BTC declines This uptrend has come about as long positions for the cryptocurrency rocket higher, reaching a fresh all-time high this week In tandem with this, ETH’s funding rate has also grown massively – which is typically a grave sign that a torrent of liquidations is imminent Ethereum has been able to […] дальше »
2020-5-30 23:00 | |
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Silver & Gold: Precious Metals Tapping New Highs Bodes Well For Bitcoin
This week, silver saw a 5% gain and revisited a 3-month high. Gold set a new eight-year high, reaching over $1,750 per troy ounce. The boost in precious metals also bodes well for Bitcoin, which has been rising in tandem. дальше »
2020-5-19 19:00 | |
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Bitcoin Halving is Met with Mixed Sentiment Amongst Traders
Bitcoin’s highly anticipated mining rewards halving took place earlier today. The benchmark cryptocurrency didn’t see any notable volatility in tandem with the event, and its hash rate has only declined slightly in the hours directly following the block rewards reduction. дальше »
2020-5-12 04:00 | |
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Ethereum Remains Trapped Beneath Key Level as Traders Flee Market
Ethereum has seen some tempered overnight gains in tandem with Bitcoin and many other cryptocurrencies It still remains trapped beneath a key resistance level, however, and analysts are cautious about being too bullish on ETH until this level is firmly surmounted This comes as the crypto’s open interest dives, signaling that traders are fleeing the market as its price movements become driven by retail investors and spot traders Ethereum has seen some relatively boring price […] дальше »
2020-5-2 23:00 | |
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Ethereum Near Levels That Sent Price 25% Down in 2019
The Ethereum price hits eight-week high after rising alongside top rival Bitcoin in tandem. The second-largest cryptocurrency faced resistance near $212, but it could close above it owing to a bullish macro narrative. дальше »
2020-4-29 17:00 | |
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Fears of a Crypto Crash Grow: On-Chain Data Signals Imminent Altcoin Weakness
Although all altcoins are not yet rallying in tandem, some top crypto assets have been outperforming as of late. Case in point: CoinMarketCap data as of the time of this article’s writing, XRP — the third-largest cryptocurrency by market capitalization — is up 10% in the past 24 hours, outpacing Bitcoin’s relatively mild 0. дальше »
2020-4-29 13:00 | |
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Bullish for Bitcoin: Data Shows “Regulation Sensitive” Institutions are Long
As Bitcoin’s mining rewards halving fast approaches it appears that some notable investors are taking notice Data suggests that large regulation-sensitive institutions are going long on BTC This comes in tandem with a massive spike in accumulation rates from Bitcoin whales, signaling that investors across the board are anticipating some bull-favoring volatility Bitcoin’s highly anticipated mining rewards halving event is less than two weeks away, and cryptocurrency investors are on the edge of their seats […] дальше »
2020-4-29 02:00 | |
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Bitcoin Readies to Surge as Sellers Get Hit with Technical Triple Whammy
Just weeks ago, Bitcoin’s long-term outlook was anything but bullish. As the macroeconomy started to feel the effects of the coronavirus outbreak, global markets crashed in tandem, leaving no asset classes spared, crypto included. дальше »
2020-4-26 13:00 | |
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Ethereum active addresses rocket as crucial moment fast approaches
Ethereum has seen a notable price spike today that has come in tandem with a recovery seen across the aggregated cryptocurrency market. This movement has allowed ETH to recapture its position above $180 as Bitcoin navigates into the $7,000 region. дальше »
2020-4-24 13:00 | |
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Bitcoin Price Dives to $6,800, Leaving $40 Million in Longs Liquidated
After managing to retake $7,200 on the weekend, Bitcoin tumbled lower on Monday morning, falling in tandem with global markets as the coronavirus continues to ravage economies. As of the time of this article’s writing, BTC is trading at $6,840 — just under 7% below the weekend’s highs of $7,300 and nearly 9% below the... дальше »
2020-4-21 21:56 | |
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Bitcoin Price Moves In Tandem With Regulatory Actions, Report Says
A report released by the Federal Reserve Bank of Dallas is trying to shed some light on Bitcoin price hikes. According to the report, Bitcoin is not as wild as people might think and it’s constantly reacting to news related to regulatory actions like bans on crypto or securities laws. The study was conducted using […] дальше »
2020-4-20 09:18 | |
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