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Will Ethereum’s “New Market Cycle” be Enough to Stop it From Plunging Lower?

Ethereum has seen a distinct divergence between its fundamental utility and its price action Despite seeing unprecedented usage rates, the cryptocurrency’s price action has been closely correlated to that of Bitcoin and the aggregated crypto market One prominent investor is now noting that ETH appears to be entering a new market cycle This comes as the explosively popular DeFi trend continues gaining major traction From a technical perspective, some analysts do believe that it may […] дальше »

2020-6-22 22:00


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If History Rhymes, Ethereum May Have Just Hit Its Mid-Term Peak

Ethereum has been closely tracking Bitcoin’s price action throughout the past several weeks and even months, struggling to garner any independent momentum This correlation has grown particularly clear over the past few weeks, as ETH is now trading within a firm consolidation channel alongside BTC and other altcoins It is important to note that one fractal pattern has emerged that appears to suggest Ethereum has formed a mid-term top If history repeats itself, the crypto […] дальше »

2020-6-18 23:00


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Analysts Target a Sub-$200 Move for Ethereum Once it Taps This Crucial Level

Ethereum has been closely tracking Bitcoin’s price action throughout the past several weeks and months The cryptocurrency did recently form an incredibly bearish technical pattern that analysts are still closely watching There’s a strong possibility that the crypto could be positioned to see notable downside in the near-term due to this pattern One analyst is even targeting a movement down to the sub-$200 region This price action could be magnified by a recent surge in […] дальше »

2020-6-15 22:00


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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


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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Here are the Two Reasons Why Bitcoin Investors are Fleeing Exchanges

Bitcoin’s recent rally has closely coincided with a trend of investors fleeing exchanges It appears that the two primary factors behind this trend are degrading trust in centralized platforms coupled with more investors moving towards a long-term “hodling” strategy Either way, this trend does bolster Bitcoin from a fundamental perspective Bitcoin’s intense uptrend seen in the time following its mid-March meltdown has ushered in a significant influx of new capital to the market – a […] дальше »

2020-5-4 22:00


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Bitcoin Surged Past $9,000, But the Technical Feat Hides a Shocking Twist

This morning, something very important came to pass: Bitcoin’s monthly candle for April finally closed. It was an occurrence closely watched by many crypto traders and investors. At first, many thought the close was decisively bullish; due to the stunning recovery that has transpired over the past few days, April saw Bitcoin entirely negate the losses sustained during March, with the candle closing around $8,700. дальше »

2020-5-1 15:00


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Ethereum Bulls in Serious Trouble as Fractal Forecasts Lower Lows

Ethereum saw a massive rejection from its overnight highs that led it to reel lower today, erasing part of the gains that were incurred during yesterday’s uptrend This has caused the crypto to flash signs of technical weakness, especially while looking towards its Bitcoin trading pair One analyst is also pointing to an extremely bearish XRP fractal pattern that ETH has been closely tracking as a potential reason why lower lows are imminent Ethereum incurred […] дальше »

2020-5-1 23:00


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Ethereum’s Aggressive Bids are Dissolving as Buyers Grow Weak

Ethereum has seen a slight rejection from its recent highs in the time following its decline from just below $200 Analysts are noting that there are multiple separate technical factors that point to an imminent breakdown One such factor is a major decline seen in the cryptocurrency’s buying pressure, which has been dissolving throughout the past several days and weeks Ethereum has been closely tracking the price action seen by Bitcoin in recent times. This […] дальше »

2020-4-28 23:00


This Major Crypto is Poised for New Lows in 2020 as Macro Structure Degrades

2020 has been a particularly rough year for Litecoin, with the crypto closely tracking Bitcoin’s price action and trading right around where it started the year at. Although LTC has been able to avoid declining over a year-to-date period, it has severely underperformed Bitcoin in the time following its capitulatory decline from its mid-February highs.... дальше »

2020-4-21 00:00


Bitwise Plans To Target Retail Investors With Its Crypto Index Fund

Bitwise has revealed that plans are underway to allow the retail market to participate in its large-cap index service. According to CoinDesk, Bitwise is working closely with the relevant regulatory bodies to list its Bitwise 10 Index Fund shares on OTCQX, which provides an alternative trading system and is licensed by the SEC. According to […] дальше »

2020-3-28 22:41


Bitmain Launches New AntMiner S19 Series Mining Rigs In Preparation Of BTC Halving

Bitmain announced on Thursday the launch of AntMiner S19 and S19 Pro, both models with a power of 110 TH/s and consuming 29.5 W/TH. According to the specifications provided by the company, S19 and S19 Pro are the most profitable mining devices for BTC, with MicroBT’s WhatsMiner M30S following closely behind. Announcing the #Antminer S19 […] дальше »

2020-2-28 21:13


Watch out unlicensed crypto businesses, the Department of Homeland Security is coming for you

The crypto industry was given a warning in July of last year when U. S. President Donald Trump professed his disdain for Bitcoin and cryptocurrency in a tweet thread, which was closely followed by comments from Treasury Secretary Steven Mnuchin, who declared the lack of regulations surrounding crypto a matter of “national security. дальше »

2020-2-27 16:30


Bitcoin Dominance May Suggest a Massive Altcoin Selloff is Inbound

Bitcoin and the aggregated cryptocurrency market have incurred some notable upwards momentum overnight, allowing many altcoins to surge and put some significant distance between their recent lows. This momentum, however, may be short-lived as analysts closely watch to see how Bitcoin’s dominance over the market reacts to a key level, as a bounce at its current level could lead to a selloff amongst altcoins. дальше »

2020-2-24 22:27


WEF’s New Global Consortium To Focus On Cryptocurrency Governance Framework

The World Economic Forum (WEF) has announced the creation of a global consortium which will come up with a governance framework for all cryptocurrencies comprising stablecoins. In a blog post, WEF announced that after extensive consultation among the global community members, an international consortium which will work closely with financial institutions, representatives of governments, developers […] дальше »

2020-1-27 18:31