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Bitcoin Analysts Chillingly Anticipate Months of Consolidation for BTC: Here’s Why

Bitcoin’s third-ever mining rewards halving event concluded yesterday, subsequently reducing the block rewards for miners by 50% Much to the chagrin of traders, this event did not lead to any notable volatility, as BTC has continued to experience rangebound trading in the upper-$8,000 region Analysts are now noting that BTC’s market structure does remain bullish so long as it is trading above $8,300 Despite this, the crypto could soon be subjected to months of consolidation […] дальше »

2020-5-13 21:00


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These Simple Factors Suggest Bitcoin Could See a Sharp and Swift Recovery

Bitcoin saw a sharp and unexpected decline yesterday evening that led the crypto to shed over $20 billion from its market cap This decline came close on the heels of the multiple rejections that BTC has witnessed around the $10,000 region Despite the overt bearishness of this movement, analysts are noting that there are still some simple reasons why the cryptocurrency could see a swift recovery Bitcoin’s sharp overnight plunge led it to decline to […] дальше »

2020-5-10 19:00


Ethereum-Bitcoin implied volatility spread drops despite conflicting correlation patterns

The collective crypto market was in a consolidation phase; as Bitcoin's awaiting its third halving, conversations about the direction of its price engulfed the community. Currently, the cryptocurreThe post Ethereum-Bitcoin implied volatility spread drops despite conflicting correlation patterns appeared first on AMBCrypto. дальше »

2020-5-10 14:00


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XRP Shatters Crucial Macro Support as Analysts Eye Serious Downside

XRP has continued to severely underperform Bitcoin, forcing it to also see some downside against its USD trading pair despite the bullish market conditions This weakness has caused the third-largest crypto to decline beneath a key last-ditch support level that was bolstering its price action Analysts are now noting that it could soon see a freefall that leads it significantly lower due to the weakness resulting from this dire technical breakdown Yesterday the aggregated crypto […] дальше »

2020-5-9 23:00


Stellar Development Foundation Injects $5M Into Abra’s Crypto Wallet and Exchange App

The Stellar Development Foundation (SDF) has announced a $5 million investment towards Silicon Valley-based crypto wallet provider, Abra. This non-profit organization's focus is the Stellar blockchain has been gradually expanding its footprint in the blockchain and crypto space despite stiff competition from industry rivals like Ripple. дальше »

2020-5-7 16:35


Bitcoin may be the beneficiary of the current economic slowdown in the long-term

The crypto market has been often compared to the traditional market and Bitcoin's volatility has often been a thorn for the investors in equity or other asset class. Despite this volatility, Bitcoin aThe post Bitcoin may be the beneficiary of the current economic slowdown in the long-term appeared first on AMBCrypto. дальше »

2020-5-7 10:30


Why are stablecoins' market shares increasing rapidly, despite a recession scare?

Stablecoins have been the topic of discussion for quite some time now, especially since the start of 2020. Although Coronavirus takes the spotlight, both are not mutually exclusive. The ripples of COVThe post Why are stablecoins' market shares increasing rapidly, despite a recession scare? appeared first on AMBCrypto. дальше »

2020-5-5 18:00


Ripple Price Jumped 24% Despite Co-founder Jed Mccaleb Selling 1.8M XRP A Day in April

In April, the price of XRP jumped from $0.174 to just under $0.23 along with the rest of the market after bitcoin’s price rallied. The digital asset ended the month with about 24% gains. However, XRP still lost the third position, yet again, to the most popular stablecoin Tether (USDT) whose market cap has surpassed […] дальше »

2020-5-5 20:28