Analysts Set Their Sights on a Move to $9,600 as Selling Pressure Mounts.

Bitcoin has been facing unusually strong selling pressure throughout the past few hours, which appears to be coming from multiple large mining pools This caused the price of BTC to crater, dropping as low as $10,700 before finding some support that allowed it to climb significantly higher One analyst is now noting that this latest decline struck a blow to its technical outlook, leading him to set his sights at $9,600 A decline to these […] origin »

Bitcoin is Worthless in Long-term, Says Veteran Stock Analyst.

Bitcoin may have rallied better than global stocks in 2020, but a veteran analyst still looks at the cryptocurrency as an asset without any value. James Royal, senior reporter for investing and wealth management at Bankrate – a New York-based financial advisory portal, called Bitcoin worthless in the long-term because it does not generate cash flow […] origin »

MetaMask Has Launched Its Ethereum Wallet for iOS and Android.

MetaMask has finally released a mobile version of its Ethereum wallet for mobile users, as announced yesterday on Twitter. https://twitter. com/metamask_io/status/1301582662113525761 The company's decision to target mobile users is tempered by the fact that app stores have taken a historically harsh stance toward cryptocurrency apps. origin »

eToro Reveals August’s Most Popular Crypto Assets Amongst Investors.

Bitcoin, Ethereum, XRP, and Tezos all saw month on month trading increases  Investors flocked into EOS and TRON to capture late altcoin rally  Trading activity up in all coins in August except Cardano’s ADA  New data from global investment platform eToro reveals that in August retail investors returned to large-cap altcoins such as Ethereum and XRP, as well as a renewed interest in Bitcoin. origin »

Analyst: Ethereum Now Entering a Macro Correction as Selling Pressure Mounts.

Ethereum has been hit hard by the latest selloff, with the cryptocurrency’s price plunging to its critical $400 support before posting a slight rebound This price action has done little to offer insight into ETH’s mid-term trend, but it did strike a blow to the bull case that has been mounting over the past few weeks Analysts are now conflicted as to where it may trend in the near-term, which may depend largely on its […] origin »

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Brazil joins the CBDC race with plans to launch by 2022.

As the CBDC race continues, many new participants have started emerging recently. The latest in the line is Brazil, which is now working on creating its own central bank digital currency. According to the president of Brazil’s central bank, Roberto Camos Neto, the plan is to have the new CBDC up and running by 2022. origin »

OKEx Lists Three More DeFi Tokens – SUSHI, YFV and CVP.

The global crypto exchange and derivatives platform OKEx has started the month of September on a good note by adding three new tokens to its growing list of DeFi projects. With the addition of SushiSwap (SUSHI), YFValue (YFV) and PowerPool (CVP), the total number of DeFi tokens available on OKEx now stands at 32. Spot […] origin »

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Bitcoin Plunges Below $11,000 as Selling Pressure from Miners Ramps Up.

After facing some slight turbulence yesterday, Bitcoin incurred a massive rush of selling pressure today that sent its price reeling down to lows of $10,700 This movement came about in the form of a sharp selloff following a prolonged bout of sideways trading within the lower $11,400 Analysts are now noting that the market is now at serious risk of seeing further downside This comes as multiple large BTC mining pools begin offloading their holdings […] origin »

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Cryptocurrency News Roundup for Sept 3, 2020.

The Bitcoin price dropped more than $400 early on Thursday, 3 Sep, triggering alarm among the bulls who were already struggling against a two-day sell-off. The steep drop was somewhat expected, though, considering that there was an inflow of more than 90,000 BTC from whales to some of the largest crypto exchanges just a day […] The post Cryptocurrency News Roundup for Sept 3, 2020 appeared first on BeInCrypto. origin »

Ethereum hodling is active, but it may or may not last.

The cryptocurrency market is well-versed with the subject of volatility. Such volatility has not only helped many a crypto-asset break out of its sideways movement on the charts, but the same has alsoThe post Ethereum hodling is active, but it may or may not last appeared first on AMBCrypto. origin »

BAT, Dogecoin, Litecoin Price Analysis: 4 September.

Many in the community sighed with relief after Bitcoin arrested its fall on the 2nd of September by holding steady around the $11,300-mark. However, this wasn't to last as over the next 24-hours, a blThe post BAT, Dogecoin, Litecoin Price Analysis: 4 September appeared first on AMBCrypto. origin »

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The 3 Bitcoin trading strategies you need to know.

The investment of 1000 euros in cryptocurrencies in early 2017 could have made you a millionaire. A year later, buying bitcoin cost some investors more than 90%. So how do you arm yourself against the high instability of the crypto market? How can you create a profitable trading plan, which strategies used by professional traders […] origin »

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Go Burstex! Have the Best Choices for Your Crypto Career.

This section will give a simple explanation of what cryptocurrencies are. It will also answer other questions that you probably ask such as how many cryptocurrencies exist in the world, what is the best cryptocurrency, what are the different cryptocurrencies or even what to choose between buying virtual currency and trading in cryptocurrency.  A global […] origin »

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