Analyst: Ethereum Poised to Dip to $270 as Selling Pressure Mounts.

Ethereum has been fully exposed to the weakness seen by Bitcoin and the aggregated crypto market today This has caused it to post some notable losses, with its price reeling down to lows of $325 earlier this morning before bears lost some of their momentum and the crypto rebounded back above $330 Despite some slightly positive price action seen this morning, one analyst is still noting that the likelihood of a decline down towards the […] origin »

Bitcoin in “Golden Accumulation Zone” After 20% Plunge: Analyst.

It may be the best time for Bitcoin traders to refill their crypto bags now that the asset trades near its multi-week lows, according to analysts at Phi-Deltalytics. The chart analysis portal stated that Bitcoin is in a “golden accumulation zone,” citing a string of fundamental and technical catalysts that could propel the cryptocurrency’s price higher. origin »

Digitex Futures Adds ETH/USD Market to Its Zero-Fee Futures Exchange.

Digitex Ltd, a commission-free crypto futures exchange, has announced the addition of its second market ETH/USD available for trading on its zero-fee exchange. At a time when the price of ether has been dominating the headlines, traders will now be able to capitalize on its volatility and scalp for single-tick profits making money on the […] The post Digitex Futures Adds ETH/USD Market to Its Zero-Fee Futures Exchange appeared first on BeInCrypto. origin »

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‘DeFi Will Migrate to Centralized Platforms,’ Says Dev.

Independent developer and consultant Udi Wertheimer believes it’s only a matter of time before Defi projects move off of Ethereum and onto centralized platforms. Wertheimer, who was featured as a guest on the Funky Crypto Podcast with retired MMA fighter Ben Askren and Litecoin Foundation Chief Evangelist John Kim, discussed the recent downturn in the […] The post ‘DeFi Will Migrate to Centralized Platforms,’ Says Dev appeared first on BeInCrypto. origin »

Bitcoin Could Plunge to $8,100 if These Key Levels Fail to Hold.

Bitcoin’s bulls and bears are currently engaged in a heated battle for control of $10,000, with this crucial level likely being the sole factor that determines its near-term outlook. Analysts are noting that the ultimate reaction to this level will likely provide BTC with serious guidance, as a failure to hold above it could spark a far-reaching downtrend BTC is also approaching a key technical level that bulls must try to defend ardently – its […] origin »

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Bridge Oracle IEO Launches with Bitcoin.com Co-Founder Mate Tokay as Advisor.

8th September, 2020, Kuala Lumpur, Malaysia – Bridge Oracle may very well be on the cusp of achieving the holy grail of the crypto-sphere: mass adoption. Between blockchain’s theoretical superiority based on hard code, and the nuanced language that is real life, it finally provides the means for the physical world to convey information to […] The post Bridge Oracle IEO Launches with Bitcoin. origin »

Which way are Ethereum Options headed?.

Ethereum Options volume, at the time of writing, had dropped to $4.9M on Deribit, a level last seen back in June 2020. Interestingly, such a drop to uncertain levels has put derivatives traders in preThe post Which way are Ethereum Options headed? appeared first on AMBCrypto. origin »

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Cryptocurrency News Roundup for September 7, 2020.

It was only a matter of time until the crypto exchange heavyweights introduced their own solutions alongside the burgeoning decentralized finance (DeFi) market. Huobi, for example, set a precedent by unveiling its plans to join the yield farming mania earlier in August. origin »

Steem, Polkadot, Litecoin Price Analysis: 07 September.

Litecoin's charts showed that LTC was still caught in a strong downtrend, one that had not yet slowed down. Polkadot registered a potentially bearish pattern, one that could set up a sharp drop for thThe post Steem, Polkadot, Litecoin Price Analysis: 07 September appeared first on AMBCrypto. origin »

Chainlink short-term Price Analysis: 07 September.

Chainlink has suffered as many altcoins have. In fact, LINK marines seemed to be scrambling as the cryptocurrency's price trotted around the $12-mark, with more dips expected. The market cap of LINK hThe post Chainlink short-term Price Analysis: 07 September appeared first on AMBCrypto. origin »

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Ethereum Miners Made $285 Million From Fees in August.

Miners on the Ethereum network generated over $285. 1 million in revenue this August, representing a month-over-month increase of 98. 2% and a 25-month high, according to research from The Block. Ethereum Fees Boom On the back of the booming DeFi market and interest in Ethereum rising as an extension. origin »

Chainlink, Monero, TRON Price Analysis: 08 September.

Some important levels to watch out for were highlighted for Chainlink, as it sought to rise above resistance at $12.5.  Monero showed that neither the bears nor bulls dominated its market. This balanThe post Chainlink, Monero, TRON Price Analysis: 08 September appeared first on AMBCrypto. origin »

XRP Wrestles with Support, Hoping for a Reversal.

The Ripple (XRP) price has retraced all the way back to an important support level. If the support holds and can give XRP a bounce, there is a lot of room to the upside for the price to go. XRP Long-Term Breakout At the beginning of July, the XRP price broke out from a long-term […] The post XRP Wrestles with Support, Hoping for a Reversal appeared first on BeInCrypto. origin »

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