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The Fed’s Latest Stimulus Is Ironically Fueling Bitcoin’s Continued Rise
News that the Trump administration is considering a second round of economic stimulus has caused markets to surge, including Bitcoin. The asset’s entire uptrend from the Black Thursday bottom has almost entirely been fueled – ironically – by the money that the Fed is printing to prop up the economy. дальше »
2020-6-17 18:33 | |
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Bitcoin Funding Rates Flip Negative as Sellers Build Momentum; What to Watch For
Bitcoin has seen some intense turbulence throughout the past day, with the cryptocurrency losing the support it had at $9,400 before plummeting into the $8,000 region Buyers were able to guard against the massive influx of selling pressure, supporting it above $9,000 for most of the day The defense of the upper-$8,000 region has caused the crypto to form a double bottom seen while looking towards its RSI This indicates that the crypto could be […] дальше »
2020-6-16 02:00 | |
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Introducing Wallex Custody, The Custodian Of The New Digital Era
Sweden, June 15 – In a decisive move to adapt to the new normal concept of everyday living caused by the COVID-19 Pandemic, Wallex is taking its custodian role to unprecedented new heights to accompany its clients in safeguarding their traditional and digital assets from uncertainties and at the same time providing new opportunities to […] The post Introducing Wallex Custody, The Custodian Of The New Digital Era appeared first on Bitcoin News. дальше »
2020-6-15 17:15 | |
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Bitcoin Analysts are Watching These Six Critical Levels After Yesterday’s Plunge
Bitcoin posted a grim plunge yesterday that caused it to see notable losses Buyers were able to ardently defend against a break below the key support that has been established at $9,000 Analysts are now widely noting that BTC could be positioned to see further weakness in spite of its bullish overnight rebound There are six key high time frame support levels that buyers have built – ranging between $1,000 and $7,000 Buyers must post […] дальше »
2020-6-13 02:00 | |
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Was Bitcoin’s Decline Caused By The Stock Market Dump?
On June 11, the S&P 500 price declined by 5. 8%. This was the largest percentage decline since March 16 and could have been the beginning of a longer-term downward trend. S&P 500 Tumbles On June 11, the price of the S&P 500 index fell considerably from a high of 3190 to a low of 2998. дальше »
2020-6-13 21:15 | |
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Tezos And Link Break Down From Long-Term Structures
On June 11, the prices of both Tezos (XTZ) and Chainlink (LINK) created bearish engulfing candlesticks that caused breakdowns from their respective long-term ascending support lines. It’s possible that both have just begun a corrective phase. дальше »
2020-6-12 17:32 | |
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As Bitcoin Decreases, Its Dominance Rate Moves Upward
On June 11, the Bitcoin price was rejected by the $10,000 resistance area and has been decreasing since, briefly falling below $9,500. Interestingly enough, this decrease in Bitcoin price has caused a slight increase in the Bitcoin dominance rate. дальше »
2020-6-12 04:00 | |
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European Cryptocurrency Exchanges: How to Choose the Best Platform
2020 started as a real challenge for the entire international community. The economic crisis caused by global quarantining due to the COVID-19 pandemic is forcing people to seek additional sources of income. дальше »
2020-6-10 12:54 | |
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Ethereum on Unstable Ground Following Immense Overnight Turbulence
Ethereum has been closely tracking Bitcoin’s price over the past several weeks This caused it to see some intense overnight instability, with its price rising to highs of $246 overnight after crashing to lows of $235 One bear-favoring technical pattern that has been forming over the past few days could lead it significantly lower Analysts do believe that ETH 2. дальше »
2020-6-10 23:00 | |
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Analysts Expect Bitcoin to See “At Least 18 Weeks” of Blood Due to This Pattern
Bitcoin saw some immense overnight turbulence that caused its price to plummet from highs of nearly $9,900 to lows of $9,400 on many exchanges This movement liquidated over-leveraged long and short-positions, and further confirmed that BTC is caught within a tight trading range Despite its current stability, one pattern now indicates that Bitcoin is positioned to make a massive movement in the near-term One analyst believes that this movement will favor sellers, as a pattern […] дальше »
2020-6-10 21:00 | |
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Ethereum Open Interest Rebounds as Analysts Eye an Explosive Upside Movement
Ethereum has seen some tempered gains overnight, recapturing its position within the $240 region as it shows some signs of technical strength. Today’s climb has largely been the result of that seen by Bitcoin, as ETH has been closely tracking the benchmark cryptocurrency’s price action over the past week. This has caused Ethereum’s open interest... дальше »
2020-6-9 02:00 | |
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Waning Demand for Bitcoin Spells Trouble for Where it Goes Next
Bitcoin saw a slight decline overnight that caused it to invalidate some of the strength that was previously guiding it towards $10,000 It now appears that the crypto is positioned to see further downside as its technical outlook degrades Analysts are pointing to waning demand and growing supply as reasons why the benchmark crypto could soon decline lower It is important to note that this decline could lead BTC as low as the $7,000 region […] дальше »
2020-6-6 21:00 | |
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Analyst: Bitcoin’s Mass $220m Liquidation Spree is Fundamentally Positive for BTC
Bitcoin saw an immense decline yesterday that was sparked by its latest push into the $10,000 region This decline caused the cryptocurrency’s traders to have nearly $100 million in long positions liquidated This massive torrent of liquidations came about less than 12-hours after the crypto’s rally to highs of $10,500 liquidated over $120 million in short positions Bitcoin has seen immense turbulence as of late, providing dangerous market conditions for active traders looking to cash […] дальше »
2020-6-4 02:00 | |
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Coinbase Accused of Deliberately Going Offline Abruptly Whenever Bitcoin Skyrockets
San-Francisco headquartered exchange Coinbase was in for a number of issues which caused unrest in the community. Notably, some users spotted that the exchange experiences a technical issue each time the price of the most popular and demanded cryptocurrency, Bitcoin, crosses a threshold of about 5% in minutes. As soon as this occurs, users are […] дальше »
2020-6-4 01:25 | |
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Grayscale’s Ethereum Trust Trading at Huge Premium, Shows YTD Returns of 679%
Data has shown that Grayscale’s Ethereum Trust is currently trading at a huge premium against ETH’s net asset value, indicating that there’s a fair amount of FOMO following it. While it’s still hard to determine whether the huge increase was caused by institutional or individual investments, traders should be careful when investing in products with... дальше »
2020-6-4 17:37 | |
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Bitcoin Crashes to $9,000, Indicators Point to a Rebound
Bitcoin failed to turn the $10,000 resistance level into support, which caused a $1,000 drop in the last few hours. But bullish price action isn’t out of the question just... The post Bitcoin Crashes to $9,000, Indicators Point to a Rebound appeared first on Crypto Briefing. дальше »
2020-6-3 23:08 | |
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EOS and Bitcoin Cash Show Strength as BTC Pumps
On June 1, the Bitcoin price broke out from its previous trading pattern and reached a high of $10,380. While this initially caused an increase in the Bitcoin dominance rate, altcoins rallied shortly thereafter, and several have created bullish patterns. дальше »
2020-6-3 17:04 | |
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Another Magical Q2 for Bitcoin Ends in the Green, BTC Up Almost 50%
Despite major volatility caused by the halving, Bitcoin has ended yet another Q2 in the green. After showing poor performance in Q1 being down 10% QoQ, Bitcoin closed the year’s second quarter with a price increase of 48. дальше »
2020-6-1 18:08 | |
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US Riots Spark Gold Rush, But Bitcoin Is The Better Safe Haven
Riots breaking out across the United States over the last several days have caused uncertainty to return to financial markets. Stock futures this weekend plummeted, while investors rushed to gold for its safe-haven like qualities. дальше »
2020-6-1 18:00 | |
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Bitcoin’s Funding is Flashing a Warning Sign After Rejection at Key Resistance
Bitcoin faced a grim rejection within the upper-$9,000 region yesterday that caused it to erase most of the gains that came about as its latest push higher The subsequent decline that BTC faced has led it into a key support region, which some analysts believe will lead it to see further near-term upside It is important to note that the cryptocurrency’s funding rates, however, seem to suggest that the tides are turning back into seller’s […] дальше »
2020-5-30 02:00 | |
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Derivatives Data Shows That Even After 150% Rally, Bitcoin Is Far From Topping Out
Over the past few weeks, analysts have said Bitcoin is finally finding a local top. For the third time in a matter of months, the cryptocurrency was rejected in the $10,000 range. It was a rejection that caused many to reconsider their bullish stance on BTC due to the level’s importance. Though derivatives data and... дальше »
2020-5-29 04:00 | |
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Former head of Russian Post branch accused of mining at the workplace
The former head of the Russian Post branch in the southern city of Mineralnye Vody was suspected of illegal cryptocurrency mining using working equipment. The damage caused is estimated at 30,000 rubles ($400). дальше »
2020-5-31 13:22 | |
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Growing Mistrust In Government Authority May Boost Bitcoin Buying
The recent pandemic has caused a dramatic rift between everyday citizens and the politicians in charge of governing them. This growing mistrust in monetary policy may bring Bitcoin yet another boost beyond the impact of the coming hyperinflation. дальше »
2020-5-27 18:00 | |
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Bitcoin derivative contracts' expiration suggests fear in the market
Bitcoin has been moving in a resistance-filled zone over the course of the month of May. The much-anticipated halving, followed by the huge movement of BTCs, caused a lot of panic in the market. This The post Bitcoin derivative contracts' expiration suggests fear in the market appeared first on AMBCrypto. дальше »
2020-5-26 15:00 | |
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Ethereum Increases as the Bitcoin Dominance Rate Falls
The Bitcoin dominance rate (BTCD) has been decreasing rapidly since May 14. This downward move has caused it to fall below an important resistance line, above which it was previously believed that it had broken out from. дальше »
2020-5-26 18:20 | |
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Where Will Bitcoin Find Support?
During the week of May 17-24, the Bitcoin price decreased considerably. It created a bearish engulfing candlestick that caused it to decrease all the way to an important support level. A breakdown below this support could indicate that the price has begun a new bearish trend. дальше »
2020-5-25 14:05 | |
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This Is Not Capitalism: How Covid-19 Shined a Light on America’s Fascist System
In the last few months, giant American corporations and financial incumbents that are subsidized by the U. S. government, have profited immensely during the coronavirus outbreak. This has caused certain groups of people and those who despise wealth to claim that “capitalism is broken. дальше »
2020-5-25 02:35 | |
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50% Crypto Crash in March Was a “Nuclear Bomb” With a Silver Lining: Investor
Just nine weeks ago, the crypto market fell off the face of a cliff. Within 24 hours, from the peak to trough, the price of Bitcoin fell by more than 50% from ~$7,600 to $3,700. It was a move caused by a global liquidation event in all markets, triggered by a run for cash to... дальше »
2020-5-24 13:00 | |
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Fed Balance Sheet Tops $7 Trillion in Bullish Scenario for Safe Havens
In its ongoing battle against economic collapse, the U. S. central bank has been taking more extreme measures. These have caused its balance sheet to exceed $7 trillion as financial stimulus packages keep rolling out. дальше »
2020-5-23 05:10 | |
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Gold to Become More Like Bitcoin in Coming Decade as World Goes Digital
The new decade beginning with 2020 will forever be remembered for the abrupt change it brought to the economy and the world. Economic tensions during these unusual, new conditions have caused hard assets like gold and Bitcoin to thrive. дальше »
2020-5-23 18:00 | |
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Ethereum Faces Crucial Decision for Its Bullish Trend
Yesterday’s decrease has caused Ethereum to drop all the way to an ascending support line that has been in place since the March 13 bottom. Whether the price breaks down below it or initiates a bounce from the current price level will determine if the upward trend for ETH will continue. дальше »
2020-5-23 17:55 | |
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Where Will Bitcoin’s Decrease Come to an End?
On May 21, the Bitcoin price initiated a rapid downward move that caused it to decrease all the way to $8,949. However, the price is sitting at a confluence of horizontal support levels that are likely to initiate a bounce. дальше »
2020-5-22 01:15 | |
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Both BTC and ETH Median Transaction Fees Have Exploded Since the Halving
The halving has caused the transaction fees on both the Bitcoin and the Ethereum network to increase significantly, with Bitcoin recording a growth of 800% in the past 3 months. However, median transaction fees on other major networks, such as Bitcoin Cash, Bitcoin SV, XRP, and Litecoin have remained relatively flat during the same period.... дальше »
2020-5-22 22:00 | |
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Wild Satoshi Theories: The Curious Case of Bitcoin Block 3654 from 2009
On Wednesday, 50 bitcoin mined on February 9, 2009, was moved from the original address to a new address. The movement of coins caused a great commotion throughout the cryptocurrency community, as some individuals assumed it may have been the mysterious Satoshi Nakamoto. дальше »
2020-5-21 06:39 | |
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Warren Buffett’s Berkshire Hathaway Sells Off Huge Stake in Goldman Sachs, JPMorgan
Warren Buffett’s investment firm Berkshire Hathaway is still realigning its portfolio amid the economic turmoil caused by the coronavirus pandemic. The conglomerate’s choices are often used to gauge the state of the market. дальше »
2020-5-19 13:15 | |
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The Federal Reserve Chairman Just Made the Ultimate Case for Bitcoin
For the first time since its creation, Bitcoin is now trading within an immense period of global economic instability. The Coronavirus pandemic has caused governments and central banks across the globe to take extreme actions in order to curb the damage done by a virtually frozen global economy. The over $8 trillion globally that has... дальше »
2020-5-19 00:00 | |
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Secret Service Warns Unemployment Checks Will be Targeted by Scammers; Would DLT Help?
The coronavirus pandemic has not just caused a global health scare, but it has also impacted the livelihoods of billions around the globe due to mandatory shutdowns to contain the spread of the virus. дальше »
2020-5-19 20:13 | |
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Hackers suspected of using supercomputers to mine Monero
Supercomputers across Europe have been infected with malware that caused them to mine the Monero (XMR) cryptocurrency. Incidents in the UK, Switzerland and, Germany have lead to shutdowns while the security incident is investigated. дальше »
2020-5-21 12:00 | |
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Ethereum Could Rally to $290 if it Holds This One Crucial Level
Ethereum could be well positioned to see some notable upside in the days and weeks ahead, despite its overt signs of weakness caused by its recent decline to the sub-$200 region. Analysts are now noting that its market structure still favors buyers so long as it maintains above $185, and that a continued defense of... дальше »
2020-5-17 02:00 | |
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Disastrous Consumer Spending Data Likely to Continue in May
April's grim consumer spending data is only the beginning of a long string of poor economic data caused by the coronavirus. The post Disastrous Consumer Spending Data Likely to Continue in May appeared first on CCN.com дальше »
2020-5-16 18:00 | |
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Ethereum’s Macro Price Structure is Flashing Warning Signs; Things to Consider
The bear-favoring volatility seen by the aggregated crypto market yesterday has once again caused Ethereum to decline beneath the $200 price level The cryptocurrency is now flashing signs of growing weakness as multiple moving averages begin invalidating all of ETH’s macro bullishness One analyst believes that this present technical weakness could lead ETH to move back towards its yearly open Ethereum saw a sharp decline yesterday alongside Bitcoin and the aggregated crypto market. After tapping […] дальше »
2020-5-16 23:00 | |
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Michael Novogratz On Bitcoin After Halving, ‘This is Perfect Timing’
The third Bitcoin halving has come and gone with a colossal adventure to it. This has caused a bit of confusion in the crypto community as to what will happen next. In the midst of the confusion, however, Galaxy Digital Founder and CEO Michael Novogratz says now is the perfect time for Bitcoin. Speaking with […] дальше »
2020-5-13 00:29 | |
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Binance Coin Attempts to Reclaim Its Lost Support
The Binance Coin (BNB) price has been decreasing at an accelerated rate since May 5. This decrease has caused the price to break down from the support line of its long-term range. While a decrease from such a long-term support level often indicates that the price will continue going down, BNB has been showing signs […] The post Binance Coin Attempts to Reclaim Its Lost Support appeared first on BeInCrypto. дальше »
2020-5-13 23:15 | |
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