Bitcoin's price action 'inspiring' Bakkt's traders.

From world wars to a global pandemic, enthusiasts in the cryptocurrency space are of the opinion that Bitcoin is affected by everything. Most are founded in bleak optimism, but some are founded in conThe post Bitcoin's price action 'inspiring' Bakkt's traders appeared first on AMBCrypto. origin »

Bitcoin difficulty falls; will the coin too? .

Bitcoin's hashrate has recently started to witness an upward curve, ever since the last difficulty re-adjustment on 20 May. However, as the BTC network witnessed another difficulty adjustment on 4 JunThe post Bitcoin difficulty falls; will the coin too?  appeared first on AMBCrypto. origin »

Cardano, EOS, DigiByte Price Analysis: 04 June.

Most of the market's altcoins have been doing well lately, consolidating steadily on the charts despite the fact that the world's largest cryptocurrency's price movements have been slightly erratic ovThe post Cardano, EOS, DigiByte Price Analysis: 04 June appeared first on AMBCrypto. origin »

Bitcoin may cross 2019 high, not $20,000.

Bitcoin's conundrum with the $10,000 resistance has been a significant one as the largest digital asset has struggled to maintain a position above the range for a prominent period. On 1st June, theThe post Bitcoin may cross 2019 high, not $20,000 appeared first on AMBCrypto. origin »

XRP's 3-month consolidation nears its end.

The fourth-largest cryptocurrency - XRP, has largely been moving sideways for the last 30 days. Even on a higher time frame, the same can be observed. The price has touched multi-year lows in the lastThe post XRP's 3-month consolidation nears its end appeared first on AMBCrypto. origin »

Litecoin, BAT, Dash Price Analysis: 04 June.

Litecoin, BAT, and privacy-coin Dash were among the altcoins to firmly hold their price positions on the charts after Bitcoin fell below $10,000 yet again. While the latter has consolidated well, the The post Litecoin, BAT, Dash Price Analysis: 04 June appeared first on AMBCrypto. origin »

Will CME allow Bitcoin to run wild?.

For a few years now, the Chicago Mercantile Exchange [CME] has been the vanguard to the larger Bitcoin market. Since launching the first regulated derviatives contracts for the cryptocurrency, along wThe post Will CME allow Bitcoin to run wild? appeared first on AMBCrypto. origin »

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Bitcoin Miner Hoarding Bolsters the Bullish BTC Case.

Yet another bullish case is emerging for the Bitcoin (BTC) price following a noticeable decline in the volume of BTC transfers from miners to exchanges. In a Tweet published on Thursday, crypto analyst @ColeGarnerBTC provided a chart from market analytics firm Glassnode showing the inverse correlation that exists between miner outflows and the Bitcoin price. origin »

Bitcoin, Steem, OMG Network Price Analysis: 05 June.

Bitcoin's latest sojourn above the psychological resistance of $10,000 was brief. However, while corrections soon ensued, it did not dissipate the general mood and sentiment of the community. The sameThe post Bitcoin, Steem, OMG Network Price Analysis: 05 June appeared first on AMBCrypto. origin »

Bitcoin Cash, Tron, Maker Price Analysis: 05 June.

After a brief period when the community expected the month of June to be as volatile as its first two days, the crypto-market settled down. With Bitcoin preparing to breach $10,000 again, most of the The post Bitcoin Cash, Tron, Maker Price Analysis: 05 June appeared first on AMBCrypto. origin »

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Bitcoin Poised to Fall? This Wyckoff Distribution Pattern Says So.

The Bitcoin price is possibly following a Wyckoff distribution pattern, a breakdown of which could see a sell-off down to between $6,000 – $7,000. First things first, what is the Wyckoff distribution? The analysis method explains a period of consolidation, which occurs after an upward move, serving as a way for market makers to sell […] The post Bitcoin Poised to Fall? This Wyckoff Distribution Pattern Says So appeared first on BeInCrypto. origin »

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NXS Could Be The Next Coin To Double In Value.

The NXS price has reclaimed an important support level and broken out from a descending resistance line. Once it moves above its 200-day moving average (MA), it will likely accelerate upwards. The previously mentioned support level is found at 1900 satoshis. origin »

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OCC Possibly Eyeing Crypto Banking Regulations.

The Office of the Comptroller of the Currency (OCC), may be looking to bridge the gap between cryptocurrencies, blockchain technology, and traditional banking institutions. The financial regulator recently issued an Advance Notice of Public Rulemaking (ANPR). origin »

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Cryptocurrency News Roundup for June 4, 2020.

Bitcoin spent much of Thursday staying afloat above $9,400 while gradually making gains, albeit at a relatively humble place. At just about $9,770 as of this writing, the BTC-USD pair is fighting hard to triumph over the resistance in the $9,700-$9,800 area. origin »

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MakerDAO Governance Is Weighing Tokens Backed by Real-World Assets.

The community of MakerDAO, the firm behind DAI and arguably the most famous DeFi project, is currently voting on whether to include real-world assets (RWAs) as a part of token collateral.   Real-World Assets Tokenized As Coindesk reports, the firm is exploring the RWA option with Centrifuge, a startup focussed on brining real-world assets to theRead MoreRead More. origin »

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