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This Technical Formation Could Put an End to Chainlink’s Multi-Year Uptrend
It’s no secret that Chainlink has been one of the most bullish digital assets throughout 2019 and 2020 The cryptocurrency recently extended its parabolic momentum when it rallied up to highs of $8.80 Although it is possible that a combination of hype and investor “FOMO” could help drive LINK higher, there are some reasons why analysts are growing cautious One trader pointed to the emergence of a large rising wedge pattern as one factor that […] дальше »
2020-7-18 23:00 | |
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Bitcoin Just Broke a Crucial Level, Opening the Gates for a Move to $7,000
Bitcoin and the aggregated cryptocurrency market are currently flashing some signs of weakness This comes close on the heels of yesterday’s widespread Twitter breach that caused many major accounts to shill a scam in which they requested Bitcoin from their followers Although this certainly isn’t bad for Bitcoin from a technical or fundamental perspective, it may degrade the public’s trust in the digital asset Some analysts are now noting that the latest decline has caused […] дальше »
2020-7-17 21:00 | |
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Stablecoin Supply Has Reached $12 Billion; Why This is Bullish for Bitcoin
The amount of stablecoins circulating throughout the crypto market has been tremendous growth in 2020 Although it took this fragment of the market five years grow to $6 billion in size, it has grown to over $12 billion throughout the past six months alone This is an extremely positive development for Bitcoin, as many view the stablecoin supply as “dry powder” that can help ignite future rallies Because billions of dollars are pouring into these […] дальше »
2020-7-16 02:00 | |
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Here’s Why One Analyst Thinks Cardano (ADA) Could Soon “Nuke” Lower
Cardano saw a massive upswing yesterday that allowed it to erase virtually all of its recent losses For a brief period, the crypto even tapped its previously established yearly highs, although the selling pressure here proved to be quite significant As for where the cryptocurrency could trend next, analysts are growing increasingly cautious about its outlook Despite there being a few technical signs that suggest it may continue pushing higher, one trader is noting that […] дальше »
2020-7-16 23:00 | |
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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 »
2020-7-16 21:00 | |
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Crucial Technical Index Predicts an Imminent Bitcoin Breakout
Although Bitcoin has been consolidating within a narrow trading range, one technical index estimates BTC’s price could soon face extreme volatility. Momentum Builds for a Bitcoin Breakout Bitcoin continues to... дальше »
2020-7-15 15:38 | |
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These Crypto Exchanges are Seeing Massive Inflows of Illicit Funding, Claims Report
It’s no secret that the anonymous and entirely digital crypto market is rife with scams, fraud, and crime. Although this only accounts for a small portion of the market as a whole, it is still a thorn in the side of the industry. дальше »
2020-7-15 05:00 | |
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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 »
2020-7-15 02:00 | |
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These Three Factors Suggest Bitcoin is About to See Some Bearish Turbulence
Bitcoin’s consolidation phase seen throughout all of May and June is showing few signs of letting up anytime soon and has caused the cryptocurrency’s volatility levels to hit multi-year lows. Although there aren’t many overt technical catalysts for volatility in the near-term, there may be a few events that could help to shake up BTC’s consolidation […] дальше »
2020-7-12 04:00 | |
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Market Wrap: Bitcoin Never Going to Zero, Philanthropist Giving Away Money to Buy BTC
This week, the price of bitcoin moved, although it continues to trade in a tight range and is still hovering around $9,200 on low volume. However, a report by Stack Funds says the digital asset’s extended bull flag continues with long-term narrative intact. дальше »
2020-7-12 17:58 | |
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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 »
2020-7-11 05:00 | |
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It’s “Almost Time” for Bitcoin to Make an Explosive Movement; Factors to Consider
Bitcoin has been flashing some signs of weakness throughout the past 24-hours, as the crypto has been unable to maintain above multiple crucial technical levels It has once again fallen back within its long-held trading range between $9,000 and $9,300 Although this range could hold strong in the near-term, one analyst is noting that it is almost time for Bitcoin to make a massive trend-defining movement As for where this next move could lead the […] дальше »
2020-7-11 21:00 | |
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Canaan Stock Continues to Tumble As Rumored Internal Struggles Sees 3 Directors Removed
Canaan Creative, a Nasdaq listed Bitcoin miner manufacturer, has dropped some of its directors from the company's registry according to reports from Chinese media. The firm appears to be experiencing an internal dispute going by the unfolding events, although no official announcement has been made. дальше »
2020-7-11 16:56 | |
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Bitcoin Poised To Embark On A New Bull-Market Cycle Amid Lackluster Market Environment
The first quarter of 2020 for Bitcoin was as promising as it was unencouraging. Although the former was largely the mantra as regards forecasts, and while most predictions have been withdrawn or amended, the third quarter of the year is expected to present more favorable conditions for the Bitcoin market. While the first two months […] дальше »
2020-7-11 10:16 | |
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Venezuela Seizes 315 Bitcoin Mining Rigs: Miners Discuss Illegal Confiscation, Police Extortion
The Venezuelan military has seized 315 Bitmain Antminer S9 bitcoin mining rigs it claims are not properly registered to operate in the country. Although cryptocurrency mining is legal in Venezuela, miners say they have been unfairly treated, citing illegal seizures of mining equipment and police extortion. дальше »
2020-7-11 00:30 | |
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Low Ether Volatility: No Trader Interest or Calm Before the ETH Storm?
Although Ether has seen its transaction volumes surge and active addresses skyrocket, its price has failed to spike in the past month. дальше »
2020-7-9 21:33 | |
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Bitcoin Retesting Bollinger Band Mid-Line, Rejection Has Resulted In 40% Decline
Bitcoin price is at a critical moment in its market cycle. And although it’s been said dozens of times before, the next move could choose the trend direction for months to come. At this very moment, the asset is testing a level that in the past, rejection has caused a 40% drop on average. Will […] дальше »
2020-7-9 02:30 | |
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Why Bitcoin Risks a 40% Correction After its Retest of Bollinger Band Mid-Line
Bitcoin price is at a critical moment in its market cycle. And although it’s been said dozens of times before, the next move could choose the trend direction for months to come. At this very moment, the asset is testing a level that in the past, rejection has caused a 40% drop on average. Will […] дальше »
2020-7-9 02:30 | |
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Sell Setup Perfected With Chainlink’s Latest Pump To A New Record High
Although Bitcoin still can’t break above $10,000, nor can Ethereum overtake $250, Chainlink continues to set new record high after high. Even today, the crypto asset keeps raising the stakes on its all-time high. дальше »
2020-7-8 23:00 | |
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Cardano, ZCash, Stellar Lumens price analysis: 07 July
Although Cardano has hit a level last seen in 2019, all the coins [Zcash and Stellar Lumens], show a potential retracement soon. However, the same might not apply to Cardano, especially with the recenThe post Cardano, ZCash, Stellar Lumens price analysis: 07 July appeared first on AMBCrypto. дальше »
2020-7-8 22:30 | |
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Bitcoin is Coiling Up for a Massive Downside Movement; Here’s Why
Bitcoin is now inching down towards its crucial near-term support at $9,000, with bears placing enough selling pressure on the crypto to jeopardize its consolidation phase BTC has broken below this level on previous occasions, although each journey into the upper-$8,000 area has proven to be short-lived There now appear to be multiple signs suggesting that BTC is preparing to make a massive downside movement This move, should it happen in the near-term, could pierce […] дальше »
2020-7-6 19:00 | |
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Here’s Why Ethereum’s Consolidation Could Result in an Explosive Move to $480
Ethereum has been consolidating over the past few days within the $220 region. Although on the surface its price structure seems similar to that of Bitcoin and its peers, it is important to note that it is currently stuck beneath its long-held trading range between $230 and $250. дальше »
2020-7-4 00:00 | |
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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 »
2020-7-3 23:00 | |
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Binance Coin (BNB) Becomes Third Cryptocurrency With A Branded Emoji On Twitter
The Binance Coin (BNB) is now the third Cryptocurrency to receive a branded emoji. This is coming in shortly after Bitcoin and Crypto.com’s CRO received a branded emoji from the social network. Although crypto-twitter also made a strong appeal for Ethereum, Ethereans might have to exercise patience until the network is ready to take the […] дальше »
2020-7-2 20:39 | |
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Cardano Price Analysis - Shelley mainnet release due this week
The Cardano development roadmap includes five distinct phases; Byron, Shelley, Goguen, Basho, and Voltaire with three eras; testnet, bootstrap, and reward. Although currently in the bootstrap era, development occurs concurrently across all five phases. дальше »
2020-7-3 15:01 | |
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The Last Time There Was This Much Dormant Bitcoin, It Rallied to $20,000
Bitcoin has been facing some intense weakness over the past couple of days The benchmark digital asset’s buyers and sellers have been locked within an intense battle around $9,000, with bears ardently attempting to hold it below this crucial support Although this doesn’t bode well for its near-term outlook, its macro outlook remains strong One fundamental metric just reached levels not seen since just before the intense 2017 rally up to $20,000 If history rhymes, […] дальше »
2020-6-29 19:00 | |
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When This Signal Appeared in 2015, Bitcoin Rallied 2,000%. It’s Back
It’s been a quiet past few weeks for Bitcoin. After reaching $10,400 at the start of June, the cryptocurrency has seen a correction and now trades in the low-$9,000s. Although a bear trend has yet to form, many have stated that the rejection BTC faced at $10,400 was bearish. дальше »
2020-6-27 03:21 | |
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Ethereum Just Shattered a Crucial Resistance; Is the Bull Run Beginning?
Ethereum’s price has been teetering just above its crucial support that exists at the lower boundary of its long-established trading range. This does appear to be an overt sign of technical weakness, although there are several reasons why some analysts still remain bullish on the cryptocurrency. дальше »
2020-6-26 19:03 | |
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As Jobless Claims Soar, Bitcoin’s Mid-Term Outlook Remains Gloomy
The United States has seen rocketing unemployment, and it does not appear that this trend is slowing down even as many states and cities begin reopening This signals that the recent shutdowns have done severe damage to the economy, despite the stock market sitting around its all-time highs New data shows that although the number of new jobless claims has dipped slightly in recent times, its decline has not yet been emblematic of any sort […] дальше »
2020-6-26 02:00 | |
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Ethereum Narrowly Avoids a Breakdown; Here are the Levels to Watch
Ethereum and the entire cryptocurrency market faced some turbulence yesterday as Bitcoin declined beneath its range lows of $9,000 This movement proved to be short-lived, as the buying pressure found here quickly propelled the cryptocurrency back up into its long-held trading range Although this hasn’t provided the markets with any clear direction, it did allow ETH to narrowly avoid posting a major breakdown The second-largest crypto was able to bounce at a critical support level, […] дальше »
2020-6-26 23:00 | |
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Ethereum Competitors Bolstered by High Fees, But ETH‘s Outlook Remains Strong
There has been a boom in demand for Ethereum in recent times, with much of this stemming from the explosive growth of the DeFi sector. Although this demand has yet to result in any type of bullish price action, it does appear that its growing utility is bolstering its macro outlook. That being said, the […] дальше »
2020-6-24 02:00 | |
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Bitcoin Price Will Tank To Zero, Says Famed American Investor Jim Rogers
Bitcoin and the aggregated crypto market have proved quite resilient over the last couple of months amid a global economic downturn due to the coronavirus pandemic. Although BTC has noticeably remained below the elusive $10,000, the bulls have fiercely defended against any intense downward move on several occasions. дальше »
2020-6-22 13:51 | |
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Venture capitalist: Bitcoin and Ethereum could become more reliable macro-indicators than Stocks & Bonds
Since the outbreak of the COVID-19 pandemic, the financial world has been volatile, to say the least. In the last several months, markets have seen historic rises and drops. Just last week, CNBC reported that although the Dow Jones experienced a 400 point rise, Wall Street clinched their biggest weekly loss since March. A lot […] дальше »
2020-6-21 00:39 | |
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Why This Analyst Sees Bitcoin Price Crashing To $8.3k Before A Sharp $10.3k Bounce
Recent data have shown that Bitcoin has performed quite strongly in 2020, particularly after the third halving which happened just last month. Although it has not been able to stay above $10,000 for long, it has also still not broken below $9,000 for a while now. дальше »
2020-6-20 19:54 | |
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Analyst: Bitcoin Could Continue Flatlining as it Gears Up for Explosive Volatility
Bitcoin’s unrelenting trading range has offered investors few insights into its near-term trend This range has persisted since the start of May, and isn’t showing no signs of letting up anytime soon Overnight sellers did attempt to shatter the lower boundary of this trading range, although this was quickly reversed by ardent buyers who have since pushed it back to $9,400 It now appears that this consolidation trend could extend even further The resolution to […] дальше »
2020-6-20 02:00 | |
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Money Manager Recommends Zero Exposure To Equities, Will Capital Flow Into Bitcoin?
A highly respected money manager that has called the last three financial bubbles says the current bubble is the “real McCoy,” and recommends zero exposure to traditional equities. But investment capital must flow somewhere – will Bitcoin benefit from the eventual stock market bubble bursting? Legendary Bubble Expert and Money Manager Recommends Zero Exposure To Equities Although Black Thursday saw an initial stock market selloff that also crushed Bitcoin and other cryptocurrencies, once the Federal […] дальше »
2020-6-18 18:00 | |
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Zoom Aids China’s Government in Censoring Specific Content
During the COVID-19 pandemic, virtually the entire world has turned to online communication tools and software. Zoom is by far the most popular offering on the market, although it too will bend the knee to China’s government like anyone else. дальше »
2020-6-17 00:00 | |
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Bitcoin Will Confirm a Massive Bearish Distribution Pattern if it Breaks $8,600
Bitcoin’s long-held consolidation phase came to an end yesterday evening when sellers pushed the benchmark cryptocurrency below $9,000 Although buyers stepped up and quickly defended against further losses, they have been unable to catalyze any type of sharp recovery It now appears that BTC is well positioned to see a notable decline in the days ahead as sellers target the key support at $8,600 If this level is broken below, a massive distribution pattern will […] дальше »
2020-6-16 21:00 | |
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Bitcoin Price On The Brink Of Disastrous Fall Following Resurfaced Turmoil
On March 12 we saw the effect the global stock market can have over Bitcoin and cryptos in general. The price of the top-ranked crypto plummeted from $9,500 all the way down to $3,782. Bitcoin and most of the other altcoins have managed to recover but renewed pandemic fear might come into play again. Although […] дальше »
2020-6-15 09:34 | |
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BitPay now Offers a Crypto Payment Card in the US
Several years ago, crypto debit cards were very easy to come by. Today, things have changed significantly, although new entrants are throwing their hat into the ring once again. BitPay is best known for being a Bitcoin payment processor. дальше »
2020-6-16 01:00 | |
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Bitcoin short-term price analysis: June 14
Although bullish on a longer time frame, bitcoin has shown bearishness on the lower time frame on multiple occasions. As it has been hovering in the $9,000 range for more than a month, the price looksThe post Bitcoin short-term price analysis: June 14 appeared first on AMBCrypto. дальше »
2020-6-14 17:00 | |
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XRP Woes: Researchers Find Only 6% Of XRPL Transactions Carry Economic Value
In recent weeks, XRP has fallen behind in performance. Although Ripple, the company behind XRP continues to boast of new developments and opening up of new corridors, it continues to be entangled in lawsuits and backlash. дальше »
2020-6-13 11:01 | |
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Over a Dozen Top Crypto Assets Are Up Over 10% Today: Here’s Why
Although most investors are keeping a close eye on Bitcoin, some crypto assets have been seeing extremely strong performances as of late. In the past day alone, more than a dozen altcoins in the top 100 cryptocurrencies are up more than 10%. дальше »
2020-6-11 03:11 | |
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Ethereum HODLers Transcend Bitcoin’s Amid Imminent Launch of ETH 2.0 Staking Implementation
Recent data shows that Ethereum has surpassed Bitcoin in unique addresses created. The largest altcoin now leads Bitcoin and although the volume traded is still significantly lower than bitcoin, it shows there is increased adoption. дальше »
2020-6-9 01:11 | |
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100M XRP Unlocks from Ripple’s Escrow Wallet, Compounding Technical Weakness
XRP has been caught within a long-held bout of consolidation around $0.20, struggling to garner momentum in either direction Although the lack of a consistent USD downtrend may be welcomed by its embattled investors, the cryptocurrency has been flashing some signs of overt weakness as of late One such sign would be the losses it has posted against BTC over the past several weeks Another 100 million tokens were also just moved out of Ripple’s […] дальше »
2020-6-9 23:00 | |
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There Are Three Fundamental “Waves” That Could End Ethereum Bears in the Long Run
Although Ethereum has embarked on an impressive 170% rally since March’s lows, the cryptocurrency remains more than 80% below its all-time high of $1,430. With such a strong retracement from its all-time highs, there have been some skeptics questioning if ETH will ever hit a new all-time high. дальше »
2020-6-6 13:00 | |
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