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These Three Factors Show Bitcoin Will See a Massive Selloff at $10,000.

Bitcoin has seen some incredibly mixed price action as of late, with BTC struggling to garner any notable momentum as it approaches its heavy resistance $10,000 This resistance has proven to be insurmountable on multiple occasions throughout the past several weeks and months One analyst is now noting that BTC’s ongoing rally up towards the five-figure price region is strikingly similar to that seen in months past Three factors signal that this rally could be […] origin »

Restored Falling Wedge Pattern Sees Bitcoin Rising above $11,500.

It appears Bitcoin missed a medium-term upside target above $11,500 after undergoing a significant sell-off in March 2020. The major northward move had appeared out of a Falling Wedge breakout. Bitcoin reentered the Wedge after the crash and followed it with a breakout towards a new bull target near $9,500. The cryptocurrency is still eyeing... origin »

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Why Surging Options Volume Can Put an End to Ethereum’s Epic Rally.

Ethereum posted an intense breakout rally yesterday that allowed it to set fresh local highs This rally came about rather suddenly, with it coming about prior to any movement seen by Bitcoin or the aggregated crypto market Analysts are now noting that this uptrend may start to falter in the days ahead, as it is currently repeating a pattern that is strikingly similar to that seen in months past This potential weakness comes as Ethereum’s […] origin »

Bitcoin's LN is a 'slow and conservative process'.

Bitcoin's scalability debate has been ongoing for years now with talks of SegWit, Lightning Network, Taproot/Schnorr signatures. Ethereum, on the other hand, has also been working on its scalability iThe post Bitcoin's LN is a 'slow and conservative process' appeared first on AMBCrypto. origin »

Crypto suited to 'fill gaps' in tourism industry.

Cryptocurrencies have been quite the disruptor in the world of finance. In terms of cryptocurrencies and the way in which they are perceived, the overall suspicion and prejudice towards crypto have deThe post Crypto suited to 'fill gaps' in tourism industry appeared first on AMBCrypto. origin »

Matic Network Mainnet Officially Goes Live.

Coinspeaker Matic Network Mainnet Officially Goes LiveThe plasma implementation sidechain scalability solution Matic blockchain has finally launched its mainnet. In the initial phase, the Matic blockchain will allow a limited set of validators and developers to launch their DApps.Matic Network Mainnet Officially Goes Live origin »

XRP could reclaim $0.245.

XRP's price had been muted in a bearish posture for nearly two weeks. However, it moved above the crucial $0.200-mark; the coin has now exhibited a highly anticipated potential bullish break in the neThe post XRP could reclaim $0.245 appeared first on AMBCrypto. origin »

Post Covid-19 crypto to benefit tourism industry.

2020 has been a year unlike any other. The COVID-19 pandemic and the shutdowns it has normalized seem straight out of a dystopian thriller. Amidst the chaos, the travel industry has definitely been onThe post Post Covid-19 crypto to benefit tourism industry appeared first on AMBCrypto. origin »

Litecoin eyes $53 target point.

Litecoin's overall technicals have remained bearish despite multiple upward swings and have reverted to its previously breached points. It was trading close to the $50 psychological level following thThe post Litecoin eyes $53 target point appeared first on AMBCrypto. origin »

CBDC development 'not a race': Chris Giancarlo.

The concept of CBDC has been there for many years, but the so-called 'CBDC race' started only after China began testing its digital Yuan on a pilot basis. Interestingly, the Digital Dollar Project relThe post CBDC development 'not a race': Chris Giancarlo appeared first on AMBCrypto. origin »

Ethereum, DASH, Dogecoin: Price Analysis, June 1.

Bitcoin's price recently bounced off the crucial $9,500-support which drove the collective cryptocurrency market to a mild upswing. The market cap for the coin rose to $269.5 billion while Bitcoin's dThe post Ethereum, DASH, Dogecoin: Price Analysis, June 1 appeared first on AMBCrypto. origin »

Bitcoin: To hodl or not, is the question.

Bitcoin, known popularly as digital gold, is a store of value. It is also hard money and has limited supply. However, unlike gold, BTC is digital and doesn't face the problems that gold does. RegardleThe post Bitcoin: To hodl or not, is the question appeared first on AMBCrypto. origin »

Is Bitcoin Cash ready to break out above $300?.

Despite a surge at the beginning of the year, Bitcoin Cash's price action and trading volume have been struggling to gain momentum. It was currently being traded at $247. After weeks of consolidation The post Is Bitcoin Cash ready to break out above $300? appeared first on AMBCrypto. origin »

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