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Ethereum Risks Plunging Towards $350 Following Rejected Spikes
A string of back-to-back upside rejections at a local top is putting Ethereum at risk of correcting lower towards $350. Looking at ETH/USD 1H chart shows the pair attempting to close above $384, a resistance target that had held through extreme bullish biases in the past. дальше »
2020-9-17 16:00 | |
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Court Enforces Seizure of Korean Crypto Exchange Bithumb’s Shares
South Korean regulators have seized the share of the local cryptocurrency exchange Bithumb from its major investor. The move has been in connection with an ongoing case of the exchange for allegedly defrauding its clients, reported local media. дальше »
2020-9-17 20:27 | |
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Ethereum Dropping Under This Level Could Trigger a 25% Altcoin Correction
Ethereum has slipped lower from its local highs despite Bitcoin pushing above $10,800. The leading altcoin currently trades at $360, around 8% below the local highs at $390. The coin is down 4% in the past 24 hours while BTC posts a tepid gain of 0. дальше »
2020-9-17 13:00 | |
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Bitcoin Comes to Life in Attempt to Retake $11,000
The Bitcoin (BTC) price reached a local high of $10,940 on Sept 15, but was rejected by an important Fib level resistance and decreased slightly. At the time of press, BTC was making another attempt at breaking out. дальше »
2020-9-16 12:07 | |
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Iran’s crypto mines could be used to help fund car imports
It seems that the private sector is not satisfied with the country’s local fiat money.
дальше »2020-9-15 21:15 | |
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China’s Digital Yuan Is Legally Compensatory to Local Fiat Currency
Coinspeaker China’s Digital Yuan Is Legally Compensatory to Local Fiat CurrencyThe digital yuan introduction is seen as a silent way for the Chinese government to make a huge move in accordance with the global market need and also a way to control the fast-growing ‘uncontrolled’ crypto industry. дальше »
2020-9-15 16:24 | |
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Bitcoin Loses Steam, Still Unable to Crack $10,450
Bitcoin (BTC) has been increasing since reaching a local low of $9,825 on Sept 8. However, the price has been struggling to break out above a minor resistance area and the increase seems corrective in nature, making it more likely that the price will eventually make a lower-low. дальше »
2020-9-11 13:14 | |
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Chainlink long-term Price Analysis: 10 September
With the digital asset market stabilizing on the charts to attain some recovery over the past week, Chainlink has been the one to lead this pack of altcoins. Recovering from a local bottom of $9. дальше »
2020-9-11 19:30 | |
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Kraken Returns to Japan; Subsidiary Payward Asia Granted Crypto Exchange Permit
Kraken crypto exchange is making a return into the Japanese market, two years after it exited this space owing to regulatory hurdles at the time. According to the firm’s announcement on September 8, Kraken’s crypto trading services will now be offered again to Japanese clients through its local subsidiary, Payward Asia Ltd. дальше »
2020-9-10 18:18 | |
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Bitmain Pushing for New Mining Machines But Customers aren’t Eager to Indulge
The latest in the Bitmain drama is Zhan Ketuan (Micree Zhan), now selling the world’s first 5nm mining machine to Chinese miners, according to local media channel WuBlockchain. These new machines will be reportedly shipped in January next year, but bitcoin miners aren’t really keen on buying them. дальше »
2020-9-10 17:54 | |
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Despite Surging 15% From Lows, Ethereum Still Isn’t Bullish
On the weekend, Ethereum plunged lower as the altcoin market bled out. At the local lows, the price of the leading altcoin hit $310-315, the lowest price in many weeks. This meant that from the $490 year-to-date highs, the cryptocurrency had retraced over 35%. дальше »
2020-9-10 15:00 | |
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Bithumb Cryptocurrency Exchange Raided by South Korean Police For The Second Time
On Sept. 7, the Seoul Metropolitan Police Agency's Intelligent Crime Investigation Unit raided the country’s largest cryptocurrency exchange, Bithumb, for the second time in less than a week. According to reports from the local newspaper, Seoul Shinmun, the raid aims to collect additional evidence about the case opened against the Chairman of the board of […] The post Bithumb Cryptocurrency Exchange Raided by South Korean Police For The Second Time first appeared on BitcoinExchangeGuide. дальше »
2020-9-9 17:04 | |
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If Ethereum Doesn’t “Power Above” This Level, Watch Out Below: Analyst
Ethereum, like Bitcoin, has faced a strong correction over the past few weeks. From last week’s highs around $490, the cryptocurrency has dropped around 30%. As of this article’s writing, the coin trades for $335, marginally above the local lows. дальше »
2020-9-9 13:00 | |
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Latin Americans Turn to Bitcoin as Local Fiat Currencies Plunge
Latin Americans have embraced cryptocurrency as a store of value while their fiat currencies depreciate, a new report shows. Bitcoin adoption in the region is further driven by the lack of banking access and remittance needs. дальше »
2020-9-8 17:15 | |
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Top Bitcoin analyst flips bullish after predicting the 20% retracement last week
Since peaking at local highs of $12,075 last week, Bitcoin has experienced a strong drawdown as depicted in the chart below. The post Top Bitcoin analyst flips bullish after predicting the 20% retracement last week appeared first on CryptoSlate. дальше »
2020-9-8 17:00 | |
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Despite DeFi Pivot, Tron (TRX) Just Formed This Harrowing Technical Signal
Tron has dropped in tandem with the rest of the crypto market over the past week. The prominent altcoin has dropped around 40% from its local highs around $0. 05, in fact. The cryptocurrency is up 5. дальше »
2020-9-8 15:00 | |
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3 Reasons Why Bitcoin Is Likely Near a Bottom After 25% Retracement
Bitcoin has undergone a strong retracement since the local highs set last week and the year-to-date highs set weeks earlier. At the lows earlier today, BTC was around 25% below the year-to-date highs. дальше »
2020-9-8 13:00 | |
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Exchanges suffer as Chinese users chase DeFi gains
Chinese demand for DeFi is surging, with local exchanges reportedly struggling under the weight of withdrawals destined for yield farming protocols. дальше »
2020-9-8 08:02 | |
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This Chainlink (LINK) Fractal Predicts the 50% Correction Is Over
Chainlink has experienced a strong correction over the past few days as Bitcoin and Ethereum has dropped. The leading cryptocurrency dropped over 50% from its all-time high around $20 to local lows around $9 in the span of a few weeks. дальше »
2020-9-8 02:59 | |
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Argentina’s Immigration Office Faces A Ransomware Attack; Hackers Demand $4M In Bitcoin
Argentina’s official immigration ministry faces a ransomware attack, paralyzing checkpoints and getting into and out of the country for four hours. A criminal complaint filed by Argentina's cybercrime agency, Unidad Fiscal Especializada en Ciberdelincuencia, shows that several checkpoints across the country could not function on Aug 27 from 7 AM local time. дальше »
2020-9-7 15:59 | |
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Yield farming frenzy has led to massive Ethereum, Tether withdrawals in China
The ongoing rush for “yield farming” in the crypto market has reportedly led to Chinese investors withdrawing funds from exchanges in the country to lock them up on obscure protocols that promise high yields, said local outlet WuBlockchain earlier today. дальше »
2020-9-7 15:58 | |
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Binance Card Does Not Give Up Its Plans to Come to Russia Despite Local Crypto Law
Coinspeaker Binance Card Does Not Give Up Its Plans to Come to Russia Despite Local Crypto LawAs the Binance Card represents a crypto payment tool by design, the product’s functioning in Russia also raises a number of questions. дальше »
2020-9-7 15:52 | |
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Why a Historically Accurate Analyst Thinks It’s Unwise to Short Bitcoin Now
Bitcoin has crashed 20% in the past four days as bears have finally begun to sell the cryptocurrency after a notable rally. BTC now trades for $10,300 after hitting a local low of $9,800. Analysts remain optimistic about BTC’s prospects. дальше »
2020-9-7 05:03 | |
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Here’s Why Ethereum Is Primed to Hit $290 After 12% Bounce
Ethereum has bounced after a punishing drop over the past two days. After falling as low as $290 on Saturday, the leading cryptocurrency has recently bounced as high as $355-360. This marks a 12-14% move from the local lows, which is actually an outperformance of Bitcoin. дальше »
2020-9-7 23:00 | |
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This Textbook Signal Predicts Ethereum Has Room to Drop After 35% Correction
Ethereum has faced a strong correction over the past few days that easily overshadows Bitcoin’s move. From the local highs near $490 to the local lows, the cryptocurrency fell by over 35%, shocking most investors as they were bullish just days before. дальше »
2020-9-7 23:00 | |
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Here’s Why the Bitcoin Price Could Soon Retest $11,000
Over the past few hours, Bitcoin has undergone a strong bounce from its local lows at $9,800, trading at $10,300 as of this article’s writing. This $500 bounce marks a positive trend for an asset that has shed 20% in the span of four days. дальше »
2020-9-7 21:00 | |
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3 Signals Show That Ethereum Is Primed to Bounce After 35% Crash
Ethereum has already seen a somewhat strong recovery from the local lows. After plunging as low as $315 on Saturday morning, the leading cryptocurrency has undergone a bounce of 8%, reaching $340 as of this article’s writing. дальше »
2020-9-6 03:34 | |
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After $2,000 Drop, Bitcoin Could Undergo a Strong Bounce For These 4 Reasons
Bitcoin has sustained a heavy correction over the past few days. At the local lows, the leading cryptocurrency was trading at $9,800. At current, BTC is trading for $10,100 as buyers have stepped back in. дальше »
2020-9-6 02:29 | |
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Here’s Why Yearn.Finance (YFI) Remains Long-Term Bullish After 35% Drop
Yearn. finance (YFI) remains in an advantageous position despite its strong correction from local highs, analysts say. Like Bitcoin, Ethereum, and other top digital assets, YFI has faced a strong retracement over recent days as legacy markets have been crushed by a rising dollar. дальше »
2020-9-5 10:39 | |
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Latin American Country Brazil Looks to Introduce Its CBDC Soon
The Brazilian central bank said the country could release a central bank digital currency by 2022, according to local reports. A Brazilian CBDC Brazil is the latest country in a long line to jump on the nationalized digital currency bandwagon. дальше »
2020-9-5 01:07 | |
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Blockchain data: Ethereum’s Yearn.finance (YFI) has room to rally after record rally
Even amid the ongoing Bitcoin and Ethereum correction, which has brought the two cryptocurrencies down 11 percent and 19 percent from their local highs, respectively, Yearn. finance (YFI) has held up well. дальше »
2020-9-5 20:00 | |
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CBDC Less Than Two Years Away Says Brazilian Central Bank President
Although Brazil is a recent entrant to studying digital currencies, its central bank’s president says the country could launch one as soon as 2022. Per local news outlet Correio Brazilienese, president Roberto Campos Neto has indicated that digital currencies will be “the future of the financial system. дальше »
2020-9-5 17:10 | |
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Here’s Why An Analyst Is Eyeing a Bitcoin Drop Toward $9,750
Bitcoin sustained a strong drop on Thursday after peaking at $12,000 earlier this week. The leading cryptocurrency now trades for $10,300, having collapsed around 15% from the local highs. BTC closed its daily candle below pivotal support levels, a technical signal that does not bode well for bulls. дальше »
2020-9-4 11:00 | |
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There’s an “Unusual” Amount of Bitcoin Sellling Pressure From Miners
Bitcoin took a strong dive during Wednesday’s trading session. The asset fell from the $12,075 highs of the day prior to a local low around $11,200, marking a 7% correction. The leading cryptocurrency remains near the lows as buyers have yet to step in en-masse. дальше »
2020-9-3 13:00 | |
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Pizza & Hot Dogs: How Uniswap’s Profit Buffet Can Burn Crypto Investors
The DeFi space has taken some wild twists as of late, causing crypto Twitter feeds to look a lot more like a menu at a local dining establishment. The bizarre world of decentralized finance and yield farming tokens has taken a turn for the weirder, bringing about a flurry of food-named crypto assets on Uniswap. […] дальше »
2020-9-3 04:00 | |
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Bithumb Raided by Korean Police as Fraud Investigation Continues
Authorities in Seoul have reportedly raided the offices of Bithumb, the largest cryptocurrency exchange in South Korea. According to local news outlet Seoul Shinmun, a special crime unit at the Seoul Metropolitan Police Agency conducted a search and seizure operation at Bithumb’s headquarters in the Gangnam District on Sept 2. дальше »
2020-9-2 15:19 | |
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Nigeria Foreign Exchange Crisis: Worsening US Dollar Shortages Point to Further Devaluation
Pressure on Nigeria’s current exchange rate is likely to get worse in 2021, when the expected recovery of imports is set to force another devaluation of the local currency to N430/$ next year, according to two Bank of America analysts. дальше »
2020-9-2 13:04 | |
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Sichuan’s Blockchain Park: Chengdu Government Officials Welcome Bitcoin Miners
In mid-August officials from the Chinese province of Sichuan approved a number of enterprises that mine bitcoin for legal hydropower consumption in the region. Following the local government of Ya’an city deciding to foster mining, officials from Chengdu recently spoke about welcoming crypto mining at the Hashcon 2020 event as well as bolstering a blockchain […] The post Sichuan’s Blockchain Park: Chengdu Government Officials Welcome Bitcoin Miners appeared first on Bitcoin News. дальше »
2020-9-2 11:30 | |
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South Korea Steady in Their CBDC Plans, Searching for a Local Consulting Partner
The central bank of South Korea, the Bank of Korea, is moving towards the technical phase in their concerted effort to pilot a central bank digital currency (CBDC)–the digital won, and will pick a consulting partner a month after completing the review of the first phase reports The Korea Times on Aug 31. дальше »
2020-9-1 13:00 | |
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Malaysian Police Shut Down Crypto Mining Operation for $600k Electricity Theft
Sept 1, 2020 — Two Malaysian cryptocurrency mining facilities have been raided by law enforcement for an alleged electricity theft totaling more than $600k. According to reports by local news outlet The Star, the raids were conducted as a joint operation between Malaysia’s Energy Commission, the Tenaga Nasional Berhad (TNB) power utility firm, and local […] The post Malaysian Police Shut Down Crypto Mining Operation for $600k Electricity Theft appeared first on BeInCrypto. дальше »
2020-9-2 12:50 | |
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Bank of Korea Set to Select CBDC Pilot Program Consulting Partner
South Korea’s central bank has disclosed details for a proposed consulting partnership as part of its second stage of preparation for launching a central bank digital currency (CBDC). According to the Bank of Korea (BOK), the desired consulting partner will be a local firm that will help the BOK build the architecture for the proposed […] The post Bank of Korea Set to Select CBDC Pilot Program Consulting Partner appeared first on BeInCrypto. дальше »
2020-9-1 10:00 | |
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Why Japan’s crypto traders chose Bitcoin over alts earlier this year
A new study from a Japanese crypto exchange showed the country’s crypto fanatics favored Bitcoin ahead of local favorites XRP and Monacoin, with trading volumes for the former significantly higher than the latter two and other altcoins. дальше »
2020-9-1 23:34 | |
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Yearn.finance (YFI) Shows Signs of Posting Local Top Following $40,000 Rejection
Yearn.finance has been one of the strongest and fastest-growing DeFi protocols within the crypto market, which has been reflected in the price of the YFI governance token. YFI has seen parabolic growth throughout the past few weeks and months, with the cryptocurrency rallying from well-under $1,000 just a couple of months ago to highs of […] дальше »
2020-8-31 22:15 | |
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