Altcoins are going parabolic, but a VC says Bitcoin and DeFi will grow in “lock step”

Unlike normal, the crypto spotlight has been focused on Ethereum’s budding decentralized finance (DeFi) ecosystem over the past few weeks, not on Bitcoin. The post Altcoins are going parabolic, but a VC says Bitcoin and DeFi will grow in “lock step” appeared first on CryptoSlate. дальше »

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Ethereum Bears Have the Upper Hand as ETH Trades Within Crucial Range

Ethereum has been forming an incredibly close correlation to Bitcoin throughout the past couple of weeks It is attempting to break this correlation now, but bulls are flashing some signs of weakness, especially while looking towards its BTC trading pair Analysts are now noting that ETH is trading within a crucial range that could determine its future The upper boundary of this range sits just a hair above where it is currently trading at, but […] дальше »

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Bitcoin Price Has Been Extremely Stable, Will Break Out Sooner Or Later — Binance’s Changpeng Zhao

Over the past several weeks, Bitcoin has stagnated in the low-$9,000s. While this trend is not interesting for speculative day traders, the CEO of Binance, the world’s largest crypto exchange by trading volume, has commended the relative stability displayed by the benchmark cryptocurrency. дальше »

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Bitcoin Dominance Is Breaking Down, But Don’t Expect an “Altseason”

Bitcoin’s price action over the past few weeks has not been impressive by the standards of altcoins. While BTC has stagnated in the low-$9,000s, certain cryptocurrencies have literally gone parabolic. дальше »

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Ethereum Bears Will Get “Scorched” If This Pivotal Resistance Breaks

Like Bitcoin, Ethereum has flatlined over the past few months. For just around eight weeks now, the leading altcoin has traded in between $230 and $240, barely deviating from these two levels. Yet an analyst expects a massive breakout should ETH break above an extremely close resistance level. дальше »

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Here’s the Level Bitcoin Needs to Break to See a “Tesla Sized” Rally

Bitcoin’s boring price action seen throughout the past few months has caused its trading volume and liquidity to both dive lower. It appears that many traders are turning towards the more traditional markets to get their fix of volatility, with some equities like Tesla (TSLA) seeing massive rallies over the past couple of weeks. Although […] дальше »

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Chainlink (LINK) May See a Major Crash as Textbook Bear Signal Flashes

Chainlink has been one of the best-performing crypto assets of the past few weeks and months. Since the lows under $2 seen in March, the asset has more than quadrupled, trading as high as $9. 00 earlier this week. дальше »

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Ethereum‘s Record High Correlation With Bitcoin Could Lead to Major Losses

Ethereum has formed a record-high correlation with Bitcoin over the past couple of weeks This comes as ETH’s movements start aligning with those seen by BTC in a way that hasn’t been seen before If this correlation persists, the cryptocurrency’s next trend could largely depend on that of BTC That being said, this could suggest that Ethereum is poised to see some notable near-term losses, as analysts widely believe Bitcoin is positioned to see some major downside […] дальше »

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Ethereum, VET, Dogecoin Price Analysis: 18 July

The cryptocurrency market has been noting varying price action across the spectrum of coins in the past few weeks. Bitcoin - the world's largest cryptocurrency continues to be stuck in a sideways moveThe post Ethereum, VET, Dogecoin Price Analysis: 18 July appeared first on AMBCrypto. дальше »

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This Technical Pattern Could Send Ethereum to New Yearly Highs

Ethereum has been closely tracking Bitcoin’s price action throughout the past several days and weeks. This has made it exposed to some near-term downside, as BTC is currently sitting just a hair above the lower boundary of its long-held trading range between $9,000 and $10,000. дальше »

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Bitcoin Triggers First Sell Signal Since Last Month While S&P 500 Moves Closer to ATH

Today, the markets have been extending the losses from yesterday. Not just bitcoin but stocks also started by incurring losses despite better than expected retail sales and stable unemployment data, but as economist and trader Alex Kruger said, “the market has stopped reacting to it in the past few weeks.” What has been affecting the […] дальше »

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Ripple’s XRP Is The Most Undervalued Cryptocurrency: Survey

While other cryptocurrencies have enjoyed a swift rebound from the March lows, the price of XRP remains in the doldrums. Crypto-assets like Cosmos (ATOM), Chainlink (LINK), and Cardano (ADA) have registered significant gains in the past few weeks. дальше »

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Bitcoin Bull Peter Brandt: 99% of Altcoins Will Eventually Fall Towards $0

Over the past few weeks, the focus has gone from Bitcoin to altcoins. This is for good reason: due to a confluence of fundamental and technical trends, countless altcoins have seen explosive breakouts that have brought them dozens or hundreds of percent higher. дальше »

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Bitcoin Is “Teetering” as Price Prepares to Move Below Crucial Support

This may sound like a broken but Bitcoin has once again flatlined in the low-$9,000s. For the past two to three weeks, the leading cryptocurrency has traded within a few percentage points of $9,200 on both sides. дальше »

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Spikes in Bitcoin Exchange Inflows Signal a Large Selloff is Looming

Bitcoin has continued trading sideways within the lower $9,000 region overnight, with its ongoing consolidation phase now extending over ten weeks Although the crypto has yet to express any clear momentum, likely, this lackluster trading bout will ultimately result in it making a massive movement Analysts are now noting that exchange inflows over the past few weeks have been surging, suggesting that traders may be preparing to offload their BTC This could help provide the […] дальше »

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Analyst: XRP’s inability to rally as many altcoins go parabolic is a “remarkable” feat

Countless crypto assets have been on a tear over the past few weeks. The post Analyst: XRP’s inability to rally as many altcoins go parabolic is a “remarkable” feat appeared first on CryptoSlate. дальше »

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These 4 Factors Suggest Cardano (ADA) Has Room to Rally Higher

Cardano (ADA) has been caught in the throes of an intense uptrend throughout the past several weeks. Its massive climb has primarily been rooted in the excitement surrounding the rollout of the highly anticipated Shelley mainnet upgrade, as well as some other positive news that its community has rallied behind. Although it’s uptrend has stalled […] дальше »

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Investors Expect Chainlink To Reach $10 Before Bitcoin Recaptures $10,000

The native token of decentralized oracle network Chainlink, LINK, has been on a tear the past couple of weeks. The cryptocurrency stole the spotlight earlier this week after skyrocketing to a new all-time high. дальше »

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Chainlink’s competitor, BAND Protocol, is up 100% in the past week

Chainlink (LINK) has been on an absolute tear over the past few weeks and months. The post Chainlink’s competitor, BAND Protocol, is up 100% in the past week appeared first on CryptoSlate. дальше »

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Bitcoin’s Trading Volume is Dying Out; Setting the Stage for Explosive Volatility

Bitcoin’s extended bout of sideways trading has caused the cryptocurrency to see historically low volatility levels. In the past, bouts with volatility this low tend to be followed by massive movements that set the tone for which direction the cryptocurrency will trend in the days and weeks ahead. Analysts are noting that there are a […] дальше »

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External forces are stopping Bitcoin from rallying despite on-chain strength

Bitcoin has been flashing signs of intense fundamental strength throughout the past several weeks and months, with the turbulent price action seen throughout the first half of 2020 doing little to hamper this strength. дальше »

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Analyst: There’s a 90% chance that Bitcoin price will soar past $10,000 come August

For the past three weeks, nearly every indicator on the technical chart is signaling a price breakout for Bitcoin. All of these signals are showing that Bitcoin is in the best position to break out and trade above $10,000. дальше »

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Binance CEO CZ Reacts After Appearing in Latest YouTube Bitcoin Giveaway Scam

Over the past few weeks, YouTube cryptocurrency giveaway scams have been gaining popularity for their increased fraudulent ads where crypto CEOs and Founders have been impersonated, and their identity used to defraud unsuspecting YouTube viewers of millions of cryptocurrencies. дальше »

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Bitcoin SV long-term Price Analysis: 11 July

Disclaimer: The findings of the following analysis attempt to analyze BSV’s price movements The cryptocurrency market seems to have lost a lot of its sheen over the past couple of weeks, with theThe post Bitcoin SV long-term Price Analysis: 11 July appeared first on AMBCrypto. дальше »

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Cardano, IOTA, VeChain Price Analysis: 11 July

Over the past few weeks, while Bitcoin, the world's largest cryptocurrency, has dithered and struggled to breach past its immediate resistances, altcoins have rallied, with the performance of many likThe post Cardano, IOTA, VeChain Price Analysis: 11 July appeared first on AMBCrypto. дальше »

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Massive spike in network activity helps drive Chainlink (LINK) price higher

Chainlink’s intense uptrend seen throughout the past several weeks has allowed LINK to set fresh all-time highs once again. The post Massive spike in network activity helps drive Chainlink (LINK) price higher appeared first on CryptoSlate. дальше »

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This Single Price Level Could Make Bitcoin’s Price Action “Nasty”: Analyst

Stepping back from the recent volatility, Bitcoin remains in macro limbo. The leading cryptocurrency has not deviated from a 7% range over the past two to three weeks and a 15% range over the past two months. дальше »

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Why One Outspoken Bitcoin Bull Recommends Holding More Gold Than BTC

Bitcoin and gold have formed a striking correlation throughout 2020, although this has shown some signs of degrading over the past few weeks as BTC continues extending its multi-month bout of sideways trading. дальше »

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How Long Will ADA Continue To Increase?

The Cardano (ADA) price has been increasing at an accelerated rate over the past two weeks, moving above a nearly two-year-long resistance line. A weekly close above this area would allow for a rapid increase, while a close below would indicate that the trend has ended. дальше »

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Stellar (XLM) Could Soon Erase Recent Gains as It Hits “Make or Break” Level

Stellar (XLM) has been incurring massive upside throughout the past couple of weeks, with the token’s price surging to fresh yearly highs just days ago. It is currently expressing some signs of weakness, however, as the token’s price recently faced a grim rejection that has since sparked an intense price decline. Analysts are noting that […] дальше »

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Once-a-Cycle Bitcoin Bull Signal Just Appeared for the 1st Time Since 2016

Over the past few weeks, many analysts have questioned if Bitcoin is really on the verge of a bull market. After a strong rally in March, April, and May, the cryptocurrency sustained a heavy rejection at $10,500 at the start of June. дальше »

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After Parabolic 700% Surge, Cardano (ADA) Is Near “Heavy” Resistance

Cardano (ADA) has embarked on a parabolic surge over recent weeks. From the March lows, the altcoin is up by approximately 700%. And in the past week alone, ADA is up by 50%. The cryptocurrency is outperforming on the launch of the Cardano blockchain’s “Shelley” upgrade. дальше »

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Bitcoin Price Poised for ‘Imminent’ Breakout As Network Hashrate Hits Record Highs

The price of bitcoin could see an ‘imminent’ breakout, according to the latest Glassnode data. The data firm says bitcoin (BTC) has been flashing bullish for the past six weeks amid positive onchain activity. дальше »

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Bitcoin Remains in Firm Bull Territory as Buyers Defend Critical Support

Bitcoin has remained in firm bull territory over the past several weeks, despite it showing some signs of immense weakness Much of the benchmark cryptocurrency’s current strength comes from its ability to hold above its SMA50 One analyst believes that this is the level that will determine the crypto’s future in the days and weeks ahead He also notes that some hidden bullish divergences are working to counter the weakness stemming from BTC’s “somewhat defined” […] дальше »

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Cardano (ADA) May Be Forming a Macro Top Despite Surging 400% Since March

Cardano has been caught within an intense rally over the past few weeks, surging amidst a flurry of positive news This rally has allowed it to set fresh yearly highs today, and in the near-term, it appears that it will continue climbing higher It is important to note that it is quickly navigating up towards a massive high time frame resistance level The selling pressure here may be insurmountable and could spark a selloff This […] дальше »

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Cardano (ADA) May Soon Crater by 25% as Massive Resistance Looms

Cardano (ADA) is currently flashing some significant signs of weakness after failing to surmount the crucial $0.10 region It has been caught within a strong news-driven uptrend over the past several months, posting a majority of these gains over the past couple of weeks It remains unclear as to whether or not a few positive developments that have taken place as of late will be enough to sustain the cryptocurrency’s intense uptrend One analyst is […] дальше »

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Bitcoin’s Chart Is Looking More and More Like February’s $10,500 Top

There’s no doubt that Bitcoin’s price action has been weird over recent weeks. As the S&P 500 has entered a range, so too has the cryptocurrency. In the past week, BTC has literally traded in a 5% range. дальше »

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Last Time Bitcoin Volatility Was This Low, BTC Surged by 25% in 24 Hours

For the past few weeks, Bitcoin analysts have observed extremely low volatility in the nascent cryptocurrency market. Nothing shows this inaction quite as well as the chart below from Blockroots founder Josh Rager. дальше »

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Analyst Who Predicted Bitcoin’s V-Shaped Reversal at $3,700 Is Bullish

It’s been a tough past few weeks for the Bitcoin market. Some are skeptical that the cryptocurrency is in a bull trend after BTC has sustained multiple rejections at $10,000. Yet a trader that nailed a bold prediction remains optimistic, sharing a number of signals indicating imminent upside. Bitcoin Could Soon See a Bounce, Says […] дальше »

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Cryptocurrency News Roundup for July 3, 2020

Bitcoin dropped below the key psychological barrier of $9,000 late Thursday, shedding more than $300 in just over two hours. A flash crash of this kind was the last thing the bulls needed given that technical indicators have remained consistently bearish over the past few weeks. дальше »

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Ethereum’s daily active address count is flashing a major warning sign for ETH

Ethereum’s price action over the past several weeks has proven to be highly disappointing for investors, as it has been underperforming both Bitcoin and many of its other peers despite it seeing unprecedented fundamental strength. дальше »

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Bitcoin’s Latest Move Means Market Treating it as a “Risk-on Asset”

In the past two days, bitcoin finally saw some action. After being stuck in a rut for weeks, BTC/USD recorded slight greens to make it to $9,300 on Wednesday, and then yesterday, we moved less than 1% only to drop back below $9,000 to $8,970. дальше »

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Bloomberg Analyst: Key Metrics Show Bitcoin Should Rocket Towards $12,000

It’s been a slow past few weeks for the Bitcoin market. The cryptocurrency has effectively been range-bound for two months, registering no concrete trend. Despite this, blockchain analytics firms have observed an increase in usage of BTC. дальше »

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If the S&P 500 Passes 3,200, Then Bitcoin Can Retake $9,500: Analyst

If you’ve followed Bitcoin analysts over recent weeks, you likely know of the importance of $9,500 to the cryptocurrency. As the chart below indicates, $9,500 has been a crucial price point for Bitcoin over the past two months. дальше »

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Three Simple Reasons Why Ethereum Won’t Benefit from DeFi’s Growth

DeFi-related tokens have been caught within an intense bull market over the past several weeks, with many posting 100%+ gains This growth has been fueled by return-hungry investors looking to take advantage of “yield farming” This trend isn’t fading as fast as some analysts expected and could continue strong in the months ahead Although built upon Ethereum, the DeFi sectors growth hasn’t boosted ETH’s price One prominent investor doesn’t believe it will ever become the […] дальше »

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Bitcoin Price Dullness Reflects in Difficulty that Records its Lowest Drop since 2010

For the past two months, the price of bitcoin has been stuck in a range of $8,500 and $10,000. The leading cryptocurrency has been boring for some weeks now, with ‘real’ volume at extremely low levels, going below $1 billion. дальше »

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Altcoin market analysis: SNX/USD has surged 120% over the past two weeks

SNX/USD hit a new all-time high on Thursday after a 23% jump on the...

The post Altcoin market analysis: SNX/USD has surged 120% over the past two weeks appeared first on Coin Journal.

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The Grayscale Bitcoin Trust May Be Signaling BTC has Formed a Long-Term Bottom

Bitcoin has been consolidating between $9,000 and $10,000 for the past several days and weeks, struggling to garner any clear trend The crypto has expressed some overt weakness in recent times due to its propensity to trade near the lower boundary of this range Buyers have been ardently defending against a drop below $9,000 One trend seen while looking towards the publicly traded Grayscale Bitcoin Trust seems to indicate that the cryptocurrency could be forming […] дальше »

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Bitcoin: Don't rule out retail investors just yet

The Bitcoin community has juggled multiple reports and speculations over the past few weeks, all regarding Grayscale's BTC accumulation, a development that in the minds of many, represents the rise ofThe post Bitcoin: Don't rule out retail investors just yet appeared first on AMBCrypto. дальше »

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Bitcoin Continues Closing Below a Crucial Level, Boosting Bears

Bitcoin has remained caught firmly within its long-held consolidation phase, with both its buyers and sellers being unable to catalyze any sharp momentum in either direction It is important to note that unlike weeks past, BTC is now consolidating just above its crucial support level at $9,000 This seems to be a sign of overt weakness, and could hurt buyers should the crypto begin inching lower Analysts are now noting that Bitcoin has been consecutively […] дальше »

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