This AI-focused cryptocurrency is up 300%, but on-chain fundamentals spell trouble

While the global financial markets were melting down as coronavirus spread throughout the planet, there was one cryptocurrency that managed to weather the storm. Numeraire, an altcoin brought to life to incentivize scientists to predict financial models using encrypted data, was able to enter a parabolic advance that has seen its price skyrocket over 3x […] The post This AI-focused cryptocurrency is up 300%, but on-chain fundamentals spell trouble appeared first on CryptoSlate. дальше »

2020-4-24 18:26

Bitcoin hash rate has boomed 64% since March’s lows in trend positive for price

When Bitcoin fell from $7,700 to $3,700 within 24 hours in March, investors were claiming that the cryptocurrency was toast. As with every other crash, discussions began to crop up about “miner capitulation” or a “miner death spiral,” which is the theory that suggests when BTC crashes, miners will stop mining, liquidate their cryptocurrency, then […] The post Bitcoin hash rate has boomed 64% since March’s lows in trend positive for price appeared first on CryptoSlate. дальше »

2020-4-21 10:00

Analysts believe Bitcoin may see months of consolidation despite investors’ “extreme fear”

Bitcoin saw a relatively sharp decline late-yesterday that marked a bearish resolution to its multi-day bout of sideways trading within the upper-$6,000 region. This downwards movement has come about during a time of immense fear amongst cryptocurrency investors and has further compounded this uncertainty – leading the benchmark crypto’s fear and greed index to hit […] The post Analysts believe Bitcoin may see months of consolidation despite investors’ “extreme fear” appeared first on CryptoSlate. дальше »

2020-3-31 17:04

Trading veteran says Bitcoin could be in “big trouble” if it doesn’t rally

Prominent analysts believe that Bitcoin’s fate will depend on how it performs during the ongoing financial crisis, but on-chain metrics reveal that there is significant resistance ahead. Bitcoin is on the verge of failure Many are wondering what is going to happen to Bitcoin now that President Donald Trump signed into law a historic $2 […] The post Trading veteran says Bitcoin could be in “big trouble” if it doesn’t rally appeared first on CryptoSlate. дальше »

2020-3-29 05:10

Why this cryptocurrency just surged 16% on news of a key Binance partnership

Basic Attention Token (BAT), the native cryptocurrency of the Brave Browser, spiked by more than 16 percent following a Binance trading widget integration. The Brave team said: “Brave Software and Binance, the global blockchain company behind the world’s largest cryptocurrency exchange by trading volume and users, today announced a partnership that enables Brave browser users […] The post Why this cryptocurrency just surged 16% on news of a key Binance partnership appeared first on CryptoSlate. дальше »

2020-3-25 14:30