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Why Did Bitcoin Skyrocket When the US Dollar Declined?
The U. S. dollar drop and the Bitcoin surge happened at the same time. Why? Before we reveal the answer, let’s explore the multiple factors in the background starting with the continued downward adjustment of interest rates on U. дальше »
2020-8-8 08:31 | |
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US Dollar Could See Bearish Reversal: Is A Bitcoin Reckoning Coming?
The dollar has been in sharp decline. Analysts are calling for the global reserve to lose its crown to the likes of Bitcoin or the yuan. Sentiment has reached substantial lows. However, when dollar sentiment fell this low in the past, it often triggered a strong reversal in the currency. Such a reversal, if it […] дальше »
2020-8-8 00:00 | |
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Cameron Winklevoss Says US Dollar Has Become “Funny Money” And A Bitcoin Endorsement. Here’s Why
In a meeting on Thursday evening, White House and Democrats failed to come to a consensus regarding a suitable coronavirus stimulus package. According to Gemini co-founder Cameron Winklevoss, the failure of the three-hour negotiations to yield a major relief deal for the United States shows that the dollar has become “funny money” and an endorsement […] дальше »
2020-8-8 23:07 | |
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Bitcoin investments returned 61% to investors since 2017 plunge
Bitcoin investors stood to gain even after the 2017 burst that saw the asset plunge from over $20,000 to under $4,000 this year — if they continued to dollar cost average (DCA) their way in (and had iron hands). дальше »
2020-8-8 22:00 | |
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Bitcoin Dollar Cost Averaging From 2017 Market Peak Still Returned 61.8%
Bitcoin price remains strong, not far from hitting $12,000 yet again after the touch and go over the weekend. Interestingly, despite the fact that the leading cryptocurrency is still trading 30% below its all-time high of $20,000, the dollar cost averaging from the peak of the market in December 2017 would have meant a return […] дальше »
2020-8-8 20:15 | |
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Winklevoss: US Dollar Is Now a ‘Funny Money’ Endorsement of Bitcoin
Coronavirus stimulus failures show just how irrelevant the dollar supply has become and this “a wakeup call” for those not looking at Bitcoin, Cameron Winklevoss argues. дальше »
2020-8-8 12:13 | |
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Why This Billion Dollar Company Is Investing In Bitcoin
For years, Bitcoin enthusiasts have been clamoring for the arrival of “institutional money” to the cryptocurrency scene. The belief has been long held that eventually, traditional financial institutions will turn to Bitcoin to operate mutual funds, pensions and insurance pools. дальше »
2020-8-7 10:36 | |
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Two Macro Calls That Could Propel Bitcoin to $14,000 This Year
Bitcoin may hit $14,000 in the coming quarter. The analogy appears out of two extremely bullish calls made for the US dollar and Gold. Bitcoin has shown an extreme correlation with the two macro assets this year. дальше »
2020-8-7 08:42 | |
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Testimony From Craig Wright’s Ex-Wife Throws a Twist in the Billion Dollar Bitcoin Lawsuit
On June 30, a jury trial was scheduled for the notorious Kleiman v. Wright lawsuit on October 13. Now a recent filing from the plaintiffs notes that when Craig Wright’s ex-wife Lynn Wright recently testified, she revealed a number of interesting findings. дальше »
2020-8-7 23:00 | |
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Bitfinex Lists Cardano’s ADA Following Shelley Hard Fork Success
Hong Kong Based cryptocurrency exchange Bitfinex announced today that Cardano’s third generation blockchain cryptocurrency ADA is now listed on its platform. ADA will be available for trading on Bitfinex in three trading pairs, Bitcoin (ADA/BTC) US Dollar (ADA/USD), and Tether (ADA/USDt), with trading commencing on 6th august at 10.00 Am UTC. Bitfinex stated that the […] дальше »
2020-8-7 22:00 | |
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Nasdaq-listed Billion Dollar Software Firm Reveals its Plan to Invest in Bitcoin in its Search for Yield & to Hedge Dollar Weakness
MicroStrategy, a business intelligence, mobile software, and cloud-based services provider, is planning to make an investment in bitcoin and other digital assets, as per the Q2 2020 Earnings Call of the company held on Jul 28, 2020. дальше »
2020-8-6 17:50 | |
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Another Multi-Billion Dollar Company Turns to Bitcoin as a Dollar Hedge
Yet another multi-billion dollar publicly-traded company told investors it would invest a portion of its assets in Bitcoin to preserve the value of its capital against a weakening dollar. BTC,... дальше »
2020-8-7 17:10 | |
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Why Analyst Who Predicted Bitcoin’s 2018 Low Isn’t Bullish on Stellar (XLM)
Like many other large-cap altcoins, Stellar Lumens (XLM) has performed well against Bitcoin and the U. S. dollar over recent weeks. Per data from TradingView, the asset is up by 58% against the dollar. дальше »
2020-8-6 10:00 | |
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Chainlink Competitor Band Protocol (BAND) Surges 45% In 5 Minutes: Here’s Why
It seems that the days of explosive crypto gains are back. In the span of about five minutes, Band Protocol (BAND) gained approximately 45% against the U. S. dollar as buying volume surged. The chart below is from Alex Kruger, an analyst in the cryptocurrency space. дальше »
2020-8-6 01:42 | |
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USD-Pegged Cryptos & BTC Continue to Rise in Contradiction to the Falling US Dollar
The US dollar is not having a good start in the second half of 2020. The dollar index, which measures the greenback against a basket of leading currencies, has fallen 9.5% since the March high. July was the currency’s weakest monthly performance in a decade after USD fell to a two-year low. This weakness has […] дальше »
2020-8-6 20:28 | |
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Stellar (XLM) is About to See “Liftoff” if It’s Able to Hold One Crucial Level
Stellar (XLM) is trading in a bullish zone above the $0. 1000 support zone against the US Dollar. XLM price is likely to accelerate towards $0. 1200 or even higher if it stays above the $0. 1000 support. дальше »
2020-8-5 10:48 | |
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Ripple (XRP) Struggling Near $0.30: Can Bulls Save the Day?
Ripple is trading with a minor bearish angle below $0. 3020 against the US Dollar. XRP price must stay above $0. 2850 to start a fresh increase in the near term. Ripple is declining steadily and it even broke the $0. дальше »
2020-8-5 08:48 | |
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Bitcoin Topside Bias Vulnerable Unless It Surges Past 100 SMA
Bitcoin is struggling to gain bullish momentum above $11,300 against the US Dollar. BTC could extend its decline unless it surges past the 100 hourly SMA. Bitcoin is facing a strong resistance near the $11,300 and $11,400 levels. дальше »
2020-8-5 06:48 | |
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Bitcoin Will Strengthen in the Pandemic, Says U.S. Congressman Emmer
U. S. House Representative Tom Emmer believes that Bitcoin is here to stay and even sees a silver lining for crypto in the wake of the pandemic. Hocus Pocus Dollar In an interview on the Pomp podcast, U. дальше »
2020-8-5 21:05 | |
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US Dollar Struggles to Stay Afloat as COVID-19 Pandemic Rages on
The fate of the US dollar could be closely linked to the fight against the Coronavirus, according to new research. The analysis comes as a result of the dollar’s apparent weakness in recent weeks as COVID-19 cases in America continue to rise. дальше »
2020-8-4 13:30 | |
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World Gov’ts Eye Blockchain as Dollar’s Power Wanes, Says Ripple CEO
Blockchain is offering global governments a serious alternative to a strained financial system, Ripple CEO Brad Garlinghouse says. дальше »
2020-8-4 12:45 | |
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Ripple (XRP) Price and Time: Bulls Likely Eyeing Fresh Monthly High
Ripple is rising and trading in a positive zone above the $0. 3000 support against the US Dollar. XRP price is likely to continue higher above $0. 3200 and 0. 3250 in the near term. Ripple price is showing a lot of bullish signs above the $0. дальше »
2020-8-4 11:28 | |
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Technicals Suggest Bitcoin Price Needs To Clear $11,500 To Restart Rally
Bitcoin started a fresh increase above the $11,000 level against the US Dollar. BTC must surpass the $11,500 resistance zone to continue higher in the near term. Bitcoin is trading nicely above the $11,000 and $11,200 support levels. дальше »
2020-8-4 06:48 | |
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Goldman Sachs Recommends Gold But Applies Cases That Boosts Bitcoin As Well
With the United States on the verge of giving another fiscal stimulus to jolt the economy, Goldman Sachs is recommending to buy gold amidst inflation and “debasement” fears over the U. S. dollar. Goldman sees gold rising in price up to $2,300 by 2022. дальше »
2020-8-4 21:05 | |
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1 Confirmation with Jeff and David Episode 10 – August 3, 2020 – Special Guest: Kiana Danial of InvestDiva.com
Bitcoin surpasses $11,000 – where is it going next? The dollar is falling as the economy contracts – what does this mean for Bitcoin and Ethereum? All this and more with our special guest Kiana Danial of InvestDiva. дальше »
2020-8-4 19:35 | |
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Goldman Sachs: Gold to Reach $2,300 by 2022 and Replace Dollar as Reserve Currency
Coinspeaker Goldman Sachs: Gold to Reach $2,300 by 2022 and Replace Dollar as Reserve CurrencyAs Goldman Sachs analysts have explained, one of the main factors to foster gold price's further rise is concern over the US dollar's global standing as a reserve currency. дальше »
2020-8-3 13:59 | |
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XRP Could Crash 50% as Price Undergoes Critical Rejection: Analyst
Last week, analysts thought XRP was on the verge of a massive breakout. Against the dollar and against Bitcoin, the leading altcoin saw an explosive breakout that reminded some of the start of the infamous 2017/2018 pump. дальше »
2020-8-3 13:00 | |
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Ethereum Faces a Steep Drop After Rallying to One-Year Highs: Indicator
Ethereum has seen extremely strong performance over the past two months, growing against the dollar and Bitcoin. Before the crash the other day, the price of ETH against the dollar hit $415. And against BTC, the price of ETH reached as high as 0. дальше »
2020-8-3 13:00 | |
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This Simple Breakout Pattern Could Resend Ethereum Price Above $400
Ethereum dived from the $417 swing high and traded below $350 against the US Dollar. ETH price is currently recovering above $375 and it is likely to climb back above $400. Ethereum started a sharp decline from the $417 high and dived towards the $300 support. дальше »
2020-8-3 10:48 | |
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Technicals Suggest Ripple (XRP) is Setting Up For Another Rally To $0.32
Ripple surged more than 30% this past week to climb above $0. 3000 against the US Dollar. XRP price nosedived below $0. 3250, but technicals suggest a fresh increase above $0. 3150. Ripple price surged above the $0. дальше »
2020-8-3 08:48 | |
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Bitcoin Holding Strong At $11K, But 100 SMA Holds The Key To Start Fresh Rally
Bitcoin crashed more than $1,500 from the $12,115 high against the US Dollar. BTC is currently consolidating above $11,000 and it must surpass the 100 hourly SMA for a fresh rally. Bitcoin is holding a couple of important supports near the $11,000 and $10,850 levels. дальше »
2020-8-3 06:48 | |
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Ethereum Nosedives From $415, But Technicals Suggest Uptrend Isn’t Over Yet
Ethereum rallied more than 5% and broke the $400 resistance against the US Dollar. ETH price retreated sharply from $415, but technicals suggest uptrend remains intact above $340. ETH price surged above the $380 and $400 resistance levels against the US Dollar. дальше »
2020-8-2 08:48 | |
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Bitcoin Just Broke $12,000, As Bulls Take Over Crypto Market
Bitcoin is up over 5% and it surged above the $11,500 resistance zone against the US Dollar. BTC touched the $12,000 market and it seems like the bulls are taking over the crypto market. Bitcoin is gaining bullish momentum and it broke the $11,500 resistance zone. дальше »
2020-8-2 07:18 | |
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Measure That Signaled “Prolonged” Bitcoin Runs Is About to Return
Bitcoin has seen extreme strength over the past seven days, gaining 21% against the U. S. dollar. As of this article’s writing, the leading cryptocurrency trades for $11,800 and seems poised to push higher. дальше »
2020-8-3 07:00 | |
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Chainlink (LINK) Forms Macro Reversal Signal After Rally 70% in the Past Month
After retracing by approximately 20% from the local highs, Chainlink (LINK) is surging higher once again. Against the U. S. dollar, the cryptocurrency now trades at $8. 33 — a price 7. 75% higher than it was 24 hours ago. дальше »
2020-8-2 04:00 | |
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Bitcoin Celebrates USD’s Loss of Power as The Dollar Records its Worst Month in a Decade
USD first took a hit in mid-March from 102.7 along with all the other asset classes, be it bitcoin, gold, or stocks. But before that month was over, it was back on the rise only to range till May. But then it yet again started sliding to reach 93 on June 30, although on Friday, […] дальше »
2020-8-1 18:55 | |
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Blockchain Bites: Dollar’s Decline, Ether’s Moneymakers and Coinbase’s Considerations
Coinbase is considering adding 19 new assets, the SEC tapped CipherTrace for its Binance-specific tracing tools and 132% of Ether wallets are in profit. дальше »
2020-8-1 19:39 | |
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Bitcoin News Roundup for July 31, 2020
With the dollar dropping to its lowest level since May 2018 and a reshuffle in Japan's central bank, CoinDesk's Markets Daily is back. дальше »
2020-8-1 19:00 | |
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