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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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NXS Could Be The Next Coin To Double In Value
The NXS price has reclaimed an important support level and broken out from a descending resistance line. Once it moves above its 200-day moving average (MA), it will likely accelerate upwards. The previously mentioned support level is found at 1900 satoshis. дальше »
2020-6-5 16:54 | |
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The World of Finance May Start Using Ethereum to Set Interest Rates
One of the most important metrics in the world of finance, LIBOR, is being phased out due to banks supplying false data. One potential replacement, an Ethereum fork, would bridge... The post The World of Finance May Start Using Ethereum to Set Interest Rates appeared first on Crypto Briefing. дальше »
2020-6-6 16:54 | |
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Caitlin Long’s Crypto Bank Avanti Raises $5M, Marking An Important Milestone Towards Banking Charter Approval
The Avanti Financial group has announced the end of its funding round, having raised close to $5 million in angel investor funding, marking milestones in their journey towards obtaining a banking charter. дальше »
2020-6-4 22:35 | |
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World’s Highest Paid Podcaster Joe Rogan Uses the Crypto-Focused Brave Browser
Comedian Joe Rogan, the host of one the most popular podcast in the world, discussed online privacy in his most recent episode, saying that he uses the Brave browser to avoid being tracked. With data protection becoming an increasingly important issue in the world, the once niche products such as Brave are set to reach... дальше »
2020-6-4 21:28 | |
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These Two Altcoins Have Moved Above Important Resistance Levels
Both Reserve Rights (RSR) and TRON (TRX) have broken out from long-term descending resistance lines — possibly indicating that they have begun bullish trends. Reserve Rights (RSR) The descending resistance line and break out for RSR were outlined by cryptocurrency trader @PostyXBT, who stated that : Finally we get a clean breakout[. дальше »
2020-6-4 19:31 | |
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How Long Can Cardano (ADA) Continue to Climb?
The Cardano (ADA) price has increased by 58% since May 18. It has, however, reached an important resistance area that could initiate a severe reversal. This possibility is also supported by the creation of a short-term bearish pattern. дальше »
2020-6-3 15:24 | |
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Bitcoin Closes May Candle Above Crucial Resistance, and That’s Big for the Bull Case
Just over an hour ago as of this article’s writing, Bitcoin closed the price candle for the month of May. This was a very important technical event for the cryptocurrency, analysts have said. дальше »
2020-6-1 04:42 | |
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“Structural” shift in crypto options shows there’s an influx of long-term Ethereum bulls
Over the past few months and years, financial derivatives like options and futures have become increasingly important to crypto. The post “Structural” shift in crypto options shows there’s an influx of long-term Ethereum bulls appeared first on CryptoSlate. дальше »
2020-5-31 03:38 | |
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Key Derivatives Data Show Crypto Investors Are Finally Betting on a Rally
The past few months and years have seen derivatives become increasingly important to crypto. This is largely due to the introduction of more institutional-centric fund managers, which can use vehicles like futures and options to hedge risk and maximize profits. дальше »
2020-5-31 07:00 | |
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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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Matic’s Increase and the Bitcoin Dominance Rate
Matic Network (MATIC) has increased by 64% since May 11. The price is trading inside a steep ascending channel and has reached an important resistance level. Whether the Bitcoin dominance rate (BTCD) breaks down or bounces from the current support area will determine if the upward move for MATIC will continue. дальше »
2020-5-30 23:20 | |
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Grayscale's Bitcoin buying spree and what it means for the price
It is important to understand that post-halving is when the price of Bitcoin needs to be the most stable, ie., not drop, since a lot of miners are going offline. Hashrate and price are a function of eThe post Grayscale's Bitcoin buying spree and what it means for the price appeared first on AMBCrypto. дальше »
2020-5-30 19:00 | |
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Bitcoin Could Soon See a $1,300 Loss as It Nears Key Resistance
Bitcoin has been flashing signs of immense strength throughout the past few days as it pushes up towards the mid-$9,000 region. Although on a surface level this movement appears to be bullish, it is important to note that the cryptocurrency is now pushing up against heavy resistance. дальше »
2020-5-29 00:30 | |
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Outlining the Future Movement of LINK and XTZ
ChainLink has been decreasing since May 22 but has bounced at a minor support level. However, there is considerable resistance overhead. Tezos is also trading inside an important support level but has broken down from a short-term ascending support line. дальше »
2020-5-28 15:10 | |
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How Long Can Bitcoin’s Upward Move Continue?
The Bitcoin price has broken out from a descending wedge but has yet to move above an important resistance level. Technical indicators have begun to show weakness. Yesterday, the Bitcoin price began an upward move and broke out above the current resistance level. дальше »
2020-5-28 11:10 | |
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What’s Next for Bitcoin After Breaking Out?
The Bitcoin price has broken out from a descending wedge and is currently trading near a very important resistance level, found between $9,200-$9,350. Until the price is successful in moving above this area, the price movement cannot be considered bullish. дальше »
2020-5-28 04:15 | |
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Why Innovation Matters (and How Not to Screw It Up), Feat. Matt Ridley
The “Rational Optimist” author gives his take on the economic history and possible futures of prosperity’s most important driver: innovation дальше »
2020-5-28 22:00 | |
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Bitcoin Bounces at Important Support Level
The Bitcoin price has bounced at an important support level and created a descending wedge, from which the price is expected to break out. The Bitcoin price has been decreasing since May 14, trading inside a descending wedge. дальше »
2020-5-27 12:22 | |
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REN Nears End of Bullish Trend While MATIC May Be Just Starting Its Own
MATIC has just broken out from an important resistance level and could increase rapidly due to the lack of resistance above the current price level. While REN has successfully flipped and important horizontal resistance level, its upside potential seems limited, due to the fact that it has yet to clear numerous important resistance areas. дальше »
2020-5-27 01:15 | |
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2 Altcoins That Could Soon Break Out
ALGO has reclaimed a long-term support level and created a bullish reversal pattern. RSR is attempting to break out above a very important resistance level but has yet to do so. Algorand (ALGO) The possibility of the ALGO price moving upwards was shown by @damskotrades, and it shows that the price has just reclaimed the […] The post 2 Altcoins That Could Soon Break Out appeared first on BeInCrypto. дальше »
2020-5-27 17:50 | |
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Bitcoin’s Price Movement Explained by the Wyckoff Distribution
The Bitcoin price has been gradually decreasing since May 14 and has reached an important support level at $8,400. A breakdown below it would confirm the bearish trend and make the movement until now a part of a bearish Wyckoff distribution. дальше »
2020-5-26 02:15 | |
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Spot-Driven Retail Selling Sparked Sunday’s Bloody Bitcoin Selloff
Yesterday, Bitcoin price collapsed from a high of $9,300 to a low of $8,650 just ahead of an important weekly close. The selloff, according to data, was primarily driven by spot markets, specifically the popular cryptocurrency exchange Coinbase. дальше »
2020-5-26 23:00 | |
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ICX Has Doubled in Value and WRX Could Follow Its Lead
The ICON (ICX) price has been rapidly increasing since May 15 but has reached an important resistance level and it is unclear if it will break out from it. WazirX (WRX) has been showing similar movement to ICX prior to the breakout but has yet to break out from its descending resistance line. дальше »
2020-5-26 22:23 | |
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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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Ethereum Address Usage Has Surged Despite Price Slump
Ethereum prices are starting to weaken again as Bitcoin fails to break over an important resistance. On-chain metrics and fundamentals for the ETH network are still looking positive, however. On-chain market analysis provider Glassnode has delved into addresses on the Ethereum network, identifying a bullish trend. дальше »
2020-5-25 04:55 | |
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Platforms that Innovate in Latin America
The effects of the global pandemic have come to change the way businesses operate and how people behave. It is important to note how cryptocurrencies have come to revolutionize how people interact financially. дальше »
2020-5-24 20:08 | |
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Arthur Hayes: More Prominent Investors Could Catch the Bitcoin Bug as BTC Thrashes Inflation
Despite the world’s turmoil, BitMEX CEO Arthur Hayes still dedicates time to study the market. While listening to finance gurus, he writes down important thoughts to share. One biggest insight is that negative interest rates could destroy the banking system. дальше »
2020-5-24 19:45 | |
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Goldman Sachs Is Inviting Clients to a Bitcoin Call: Here’s Why That’s So Important
Multinational investment bank Goldman Sachs will be hosting a Bitcoin call on May 27th for its clients. The news was revealed Friday by The Block’s Mike Dudas, who shared the image below of an invitation to a call for May 27th entitled “Implications of Current Policies for Inflation, Gold, and Bitcoin. дальше »
2020-5-24 10:00 | |
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European Central Bank caught up with DLT; will it be used for CBDCs?
A central bank digital currency [CBDC] has been thought of as an important tool to smoothen technological and financial systems the world over. Central banks like the European Central Bank [ECB] have The post European Central Bank caught up with DLT; will it be used for CBDCs? appeared first on AMBCrypto. дальше »
2020-5-21 00:30 | |
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These 2 Altcoins Could Be the Next Ones to Initiate Upward Moves
Theta Token (THETA) has broken out above an important resistance level and validated it as support afterwards. RVN has yet to break out but is showing strong signs of a reversal. Ravencoin (RVN) Cryptocurrency trader @IncomeSharks outlined an RVN chart in which the price is exiting his buy zone, which is found at 200 satoshis. дальше »
2020-5-21 00:15 | |
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The Bitcoin Dominance Rate Lessens, Alt-Season Hopes Fade
While the Bitcoin dominance rate (BTCD) has moved above an important resistance level, the altcoin dominance (ALTD) was rejected by its previous support area and has been decreasing since. While several altcoins have previously initiated strong upward moves, the majority of them have been correcting, decreasing towards and even below their pre-breakout levels. дальше »
2020-5-19 19:15 | |
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For Bitcoin's long-term growth, how important are its narratives?
After not having fully fulfilled its promise of emerging as a peer-to-peer electronic cash system, Bitcoin has moved on to other avenues. After a decade long existence, many are convinced that BitcoinThe post For Bitcoin's long-term growth, how important are its narratives? appeared first on AMBCrypto. дальше »
2020-5-17 00:30 | |
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Bitcoin’s Outlook is Bright as It Trades Above Key Cloud Formation
Bitcoin appears to have entered a firm consolidation phase within the mid-$9,000 region following the latest rejection at $10,000 In spite of the signs of weakness that BTC has flashed throughout the past several days, it is important to keep in mind that it has sustained above multiple key technical levels It now appears that the cryptocurrency could be well positioned to see further upside, but there is one key resistance level that must be […] дальше »
2020-5-17 22:00 | |
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Professional Money Managers Loading Up on Bitcoin Post Halving
After making yet another attempt towards $10,000, Bitcoin failed to take over this important level and is currently trading under $9,500. Interestingly, the world's leading cryptocurrency is challenging the downtrend experienced after the 2017 bull run. дальше »
2020-5-17 18:13 | |
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Xbox Series X Is Destined to Be a Live-Streaming Disaster – Here’s Why
The Xbox Series X is an impressive piece of hardware. But it's bound to fail at one of gaming's most important elements: live-streaming. The post Xbox Series X Is Destined to Be a Live-Streaming Disaster – Here’s Why appeared first on CCN.com дальше »
2020-5-16 17:30 | |
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Will the Bitcoin Dominance Rate Increase Spell Doom for Altcoins?
The Bitcoin dominance rate (BTCD) has broken out above an important resistance area and validated it as support. As long as it is trading above it, its price movement is considered bullish. The Bitcoin dominance rate has been increasing along with Bitcoin, causing alt/btc pairs to decrease towards their all-time lows. дальше »
2020-5-16 07:15 | |
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When Will the Decrease for EOS and XRP Come to an End?
On May 2, the prices of both EOS and XRP broke down below important support levels. While it is possible that a short-term bounce transpires, which causes a validation of these levels, it is likely that they both will continue decreasing towards their closest respective support areas. дальше »
2020-5-16 00:15 | |
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The Chinese Government Stresses the Important of Blockchain Technology
It is a well-known fact that the Chinese government wants to fully embrace blockchain technology. The timeline for doing so ha snot been moved up, yet all participants are urged to meet the deadline as soon as possible. дальше »
2020-5-16 00:00 | |
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