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Analyst: Bitcoin May Face Prolonged Accumulation Phase Around $9,000
Bitcoin is now caught within a persistent and relatively tight accumulation phase between $10,600 and $10,800 The cryptocurrency has been unable to post any type of ardent reaction to either of these levels, and has mainly traded in between them at $10,700 BTC’s ongoing bout of sideways trading has done little to offer insight into its near-term outlook, but investors are noting that a fresh trend may be approaching One trader recently put forth a […] дальше »
2020-10-1 21:00 | |
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This Fundamental Indicator Shows Why Bitcoin Can’t Seem to Break $11,000
Bitcoin’s price has entered a consolidation phase as it trades between $10,600 and $10,800 The cryptocurrency’s strong uptrend in recent days stalled as soon as it approached $11,000, as the selling pressure at this level has proven to be quite significant Analysts are now conflicted on where it may trend next, as it all depends on whether $11,000 proves to be a surmountable level One analytics firm is now noting that there is one indicator […] дальше »
2020-9-30 02:00 | |
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Coinbase Announces ‘Company-First’ Policy Banning Controversial Workplace Discussions
In a blog post published on Sept 27, Coinbase CEO Brian Armstrong announced that his company would strive for a neutral or apolitical workplace. The post started off noting that it’s been a “difficult year,” a nod to the global pandemic, shelter in place policies, social unrest, and the west coast wildfires. дальше »
2020-9-29 12:49 | |
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Ethereum’s “Resilience” Suggests That a Massive Move Higher is Brewing
Bitcoin has been guiding the entire market higher, which has provided a tailwind for Ethereum that has lifted it higher as well The cryptocurrency is now pushing towards its high time frame resistance zone between $380 and $400 How it responds to this level – should it be tested in the near-term – will offer insights into its outlook One analyst is noting that ETH is showing some positive signs of resilience following its recent […] дальше »
2020-9-29 23:00 | |
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Bitcoin Just Posted an Ultra-Bullish Weekly Close; Here’s Where It May Go Next
Bitcoin saw a notable influx of buying pressure yesterday that helped send its price rocketing towards $11,000 The strength of this movement was notable, and BTC has yet to surrender any of its recent gains to sellers Despite the technical strength currently being expressed by Bitcoin, it is imperative to note that it remains caught within its mid-term range This trading range has been formed between $10,200 and $11,200 One analyst is now noting that […] дальше »
2020-9-29 21:00 | |
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Binance Coin, NEM, Verge Price Analysis: 28 September
Binance Coin exhibited bullishness in its market, but it could see a minor drop of 2-3% before noting further gains. NEM broke out of a period of consolidation and appeared to have flipped a level of The post Binance Coin, NEM, Verge Price Analysis: 28 September appeared first on AMBCrypto. дальше »
2020-9-28 11:00 | |
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Chainlink, FTX Token, Crypto.com Coin Price Analysis: 27 September
Chainlink was noting some bullish momentum in its market in the near-term, but it still had an important level of resistance to reclaim to flip its bearish medium-term outlook to bullish. This comes aThe post Chainlink, FTX Token, Crypto. дальше »
2020-9-27 21:00 | |
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Ethereum Reaches a Fate-Determining Level as Analysts Watch for Volatility
Ethereum’s price action has been closely tracking that of Bitcoin in recent weeks, causing it to see a choppy bout of sideways trading The lack of any real trend in recent weeks has made ETH’s mid-term outlook somewhat unclear That being said, the crypto may now be trading at a pivotal level that determines its near-term outlook One analyst is noting that the price at which it is currently trading has historical significance, and its […] дальше »
2020-9-27 22:00 | |
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Monero, Synthetix, DigiByte Price Analysis: 26 September
Monero was noting a bullish divergence on the charts, with XMR trading beneath an important level of resistance, at press time. Synthetix, however, showed indecision in the markets and could see a droThe post Monero, Synthetix, DigiByte Price Analysis: 26 September appeared first on AMBCrypto. дальше »
2020-9-26 11:00 | |
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Here’s the Key Level Bitcoin Needs to Close Above to Kick Off an Uptrend
Bitcoin’s price action has been choppy over the past couple of weeks, with bulls and bears reaching an impasse as it consolidates between $10,200 and $11,200 These two levels have proven to be strong support and resistance, and which one is broken first could offer some significant insights into its near-term outlook As for where it may trend in the near-term, one trader is noting that it all depends on its upcoming weekly candle close […] дальше »
2020-9-27 02:00 | |
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Bitcoin’s Momentum Stalls, But Negative Funding Gives a Boost to Bulls
Bitcoin’s upwards momentum has stalled following the promising push higher seen yesterday This allowed the cryptocurrency’s price to surge up towards $10,800, which is where it met some serious resistance that slowed its uptrend Despite rejecting at this level, the subsequent downtrend has not been that intense, indicating that bulls may still have some underlying strength One analyst is noting that although BTC is beginning to look bearish, the fact that funding rates are still […] дальше »
2020-9-26 21:00 | |
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Roskomnadzor, Russia’s telecom watchdog blacklists Binance’s website
Russian authorities have started tightening their clampdowns on Binance, the largest crypto exchange in the world. The exchange announced this news via its Russian Telegram channel on September 24, noting that Roskomnadzor, Russia’s telecom regulator had added its website to the list of platforms spreading prohibited information. дальше »
2020-9-26 14:18 | |
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Analyst: Bitcoin is Likely to Slowly Bleed Towards $8,550 Before Rebounding
It has once again been a turbulent overnight trading session for Bitcoin The benchmark cryptocurrency plunged as low as $10,200 yesterday afternoon before bulls stepped up and slowed its descent The rebound from these lows led it to kick off a slight uptrend that has reversed the majority of yesterday’s losses Analysts are now noting that its near-term trend may depend largely a few key factors It is important to note that the majority of […] дальше »
2020-9-25 21:00 | |
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Binance Coin, Cosmos, Compound Price Analysis: 24 September
Binance Coin, ATOM, and even Compound registered a bullish bias after noting a drop on their charts over the last week. However, while Binance and ATOM hinted at a definite bullish move, the same mighThe post Binance Coin, Cosmos, Compound Price Analysis: 24 September appeared first on AMBCrypto. дальше »
2020-9-24 16:00 | |
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Gemini exchange launches in the UK as part of its global expansion plan
The Gemini exchange has launched in the UK as part of its global expansion plan. The exchange unveiled this news through a press release on September 23, noting that this move aims to provide UK individuals and institutions with simple, reliable, and secure exchange and custody services in pounds sterling (GBP). дальше »
2020-9-25 12:44 | |
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Analyst: Ethereum May Grind to $280 Before ETH 2.0 Hype Propels It Higher
Ethereum and other altcoins have been struggling to garner any strong momentum following the massive declines posted earlier this week This weakness came about as a result of Bitcoin’s rejection at $11,200, which is a level analysts have been watching Until BTC’s macro outlook begins growing more positive, Ethereum will likely continue struggling as well That being said, some positive technical developments in the coming months could help boost its outlook One analyst is noting […] дальше »
2020-9-24 23:00 | |
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Japanese messaging giant LINE rolls out a token reward program
LINE, a leading Japanese messaging giant, has launched a reward program that involves giving out its token LINK to customers that use its digital services. A report unveiled this news on September 19, noting that the firm will reward its customers by connecting their accounts to its three mobile apps. дальше »
2020-9-24 15:16 | |
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Binance launches an Innovation Zone to let users trade new DeFi tokens
Binance exchange has launched a new trading zone dubbed Innovation Zone. The exchange unveiled this news through an official announcement, noting that the Innovation Zone lets users trade new, innovative tokens that tend to have higher volatility and pose a higher risk than others. дальше »
2020-9-22 14:06 | |
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Comptroller of the Currency reveals another ability of US banks
Brian Brooks, the acting US Comptroller of the Currency, recently made a massive crack in the US’ anti-crypto armor by allowing banks to offer crypto custody. Now, the Comptroller made another major announcement, noting that national banks and federal savings associations can hold reserve funds for stablecoin issuers. дальше »
2020-9-22 13:30 | |
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bitFlyer integrates PayPal, allowing users to buy crypto seamlessly
bitFlyer, a leading crypto exchange has joined hands with PayPal to introduce PayPal payments on its platform. A press release unveiled this news on September 21, noting that this move means that PayPal’s European users can now deposit funds to bitFlyer’s Europe platform to buy cryptocurrencies securely. дальше »
2020-9-22 10:31 | |
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Bitcoin to Hit Critical Support Level as Analysts Eye Drop to CME Gap
Bitcoin’s price is currently plunging, with the growing sell-side pressure coming from a combination of technical uncertainty, weakness in the stock market, and strength in the US Dollar BTC’s recent inability to break above $11,000 may also be one factor behind this recent turbulence, as it elucidated underlying weakness amongst bulls One trader, in particular, is now noting that he is expecting the crypto to see some serious near-term downside He is setting his sights […] дальше »
2020-9-23 02:00 | |
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Here are the Key Factors Helping to Drive Bitcoin’s Price Lower
After a short bout of trading above $11,000, Bitcoin has witnessed massive inflows of selling pressure that have slowed its ascent and stopped it from seeing any major upside The cryptocurrency is now at grave risk of seeing further losses, with analysts noting that it may soon visit its key $10,200 support A break below this level could lead to serious losses, with bears potentially moving to fill the CME gap that exists around $9,700 […] дальше »
2020-9-23 21:00 | |
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Bulls are in Control of Bitcoin as Long as It Defends One Crucial Level
Bitcoin has witnessed some intense selling pressure throughout the past day, but bulls have been able to absorb the vast majority of it This selling pressure ultimately sent the cryptocurrency down to daily lows of just below $10,800, at which point buyers stepped up and guarded against it seeing any further downside One analyst is now noting that where it trends in the near-term may depend almost entirely on whether or not bulls can maintain […] дальше »
2020-9-21 19:00 | |
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Bitcoin Faces “Aggressive Selling” as Bulls Try to Shatter $11,200 Resistance
Bitcoin’s price has rallied throughout the past few days, with buyers’ ardent defense of the lower-$10,000 region catalyzing some serious momentum This momentum led the cryptocurrency as high as $11,200 earlier this morning before it faced a swift rejection The price region between $11,000 and $11,300 has long been a strong area of resistance for the cryptocurrency Some analysts and investors are noting that the aggressive selling pressure here could make it difficult for BTC […] дальше »
2020-9-20 19:00 | |
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Analyst: Bitcoin May First Tank to $9,700 Before Rallying to Fresh Highs
Bitcoin bulls and bears are currently deadlocked as the cryptocurrency trades around $11,000 This price region has proven to be heavy resistance for BTC in the past, and whether or not it can be surmounted in the coming day or so should provide insight into the strength of BTC’s bulls A rejection here could cause it to see some notable downside in the near-term, sending shockwaves throughout the entire cryptocurrency market One analyst is noting that […] дальше »
2020-9-20 02:00 | |
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Bitcoin May Soon Surge to $12,000 After Bulls Defended Critical Support Level
Bitcoin’s recent stability below $11,000 appears to be translating into technical strength, as the cryptocurrency is now beginning to push higher Whether or not bulls can extend their momentum and break above the resistance zone between $11,000 and $11,300 remains to be seen That being said, analysts are growing bullish on BTC, partially because it could post an ardent response to a key support level that was visited earlier today. Analysts are now noting that […] дальше »
2020-9-19 21:00 | |
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Travala.com enters the fast-recovering Chinese travel market
Travala. com, a Binance-backed online travel agency has started wooing tourists in China. A report unveiled this news on September 17, noting that the firm has penetrated the Chinese travel market as the sector continues making a comeback to pre-COVID-19 levels. дальше »
2020-9-18 15:40 | |
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Demand for Ethereum Boosts Market Structure; Will This Propel ETH Higher?
Although Bitcoin’s reaction to $11,000 sparked a slightly harsh rejection, Ethereum’s price has remained rather stable around its $380 resistance level This resistance has held strong on multiple occasions throughout the past few days and weeks, with rejections here catalyzing some of ETH’s largest declines The importance of this level cannot be understated, but whether or not it is broken may depend largely on Bitcoin’s continued reaction to $11,000 Analysts are noting that ETH does […] дальше »
2020-9-18 23:00 | |
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Kiss’ Gene Simmons Tweets Cryptic Message About His Bitcoin Plans
Rock band Kiss’ lead singer Gene Simmons has tweeted a cryptic message about bitcoin in response to a discussion on making cryptocurrency accessible to the masses. Simmons previously said he was interested in bitcoin, noting that its price goes up every time people think it’s dead. дальше »
2020-9-18 21:30 | |
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Bitcoin Faces “Weak” Selloff as Buyers Gear Up for a Push Higher
Bitcoin’s price has stabilized following its recent bout of intense volatility This turbulence mostly favored bulls, as the crypto was able to rally as high as $11,100 before facing some heavy resistance that slowed its ascent Analysts are now widely noting that it may be poised to see some further weakness in the near-term That being said, the tempered reaction to the strong selling pressure in the lower $11,000 region does seem to be a […] дальше »
2020-9-18 21:00 | |
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This Signal Could Suggest Latest Bitcoin Rally Was A Bull Trap
Bitcoin price rebounded hard from $10,000 and in a flash already found itself back above $11,000. Thus far, the key level couldn’t hold, and now signs are appearing that could suggest the rally was noting more than a bull trap and retest of resistance turned support. дальше »
2020-9-18 20:00 | |
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Bermuda-Based Digital Asset Bank, Jewel, Partners With Crypto Custodian Anchorage
Jewel, a proposed digital asset bank in Bermuda, has been added as one of the clients to Anchorage’s digital asset custodial services. The yet to be approved digital asset bank announced on September 16, noting that the move will be beneficial to crypto companies based on the island. дальше »
2020-9-17 19:23 | |
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Are Bitcoin HODLers panicking yet?
After noting a 24-hour rise of 54.27%, Bitcoin held on exchanges climbed to 28.54k. In fact, this was the biggest one-day increase in nearly two months. This BTC is held on exchanges for the purpose oThe post Are Bitcoin HODLers panicking yet? appeared first on AMBCrypto. дальше »
2020-9-17 18:00 | |
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Here’s How High Bitcoin Could Run Before Facing Immense Selling Pressure
Bitcoin has seen some incredibly strong price action throughout the past few days After establishing the region between $9,900 and $10,000 as a baseline support level, bulls have now stepped up and propelled it back up towards $11,000 This current strength has struck a blow to bears, although BTC hasn’t reached the clear just yet One analyst is noting that the region between $11,100 and $11,200 is where he is expecting Bitcoin to face some […] дальше »
2020-9-16 02:00 | |
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Here’s What Bitcoin’s Strong Weekly Close Says About Its Present Outlook
Bitcoin posted a strong weekly close yesterday afternoon, which is what allowed the cryptocurrency to see an overnight upswing that has led it past multiple crucial levels. While speaking about the digital asset’s price action, one analyst observed that its strong weekly close may continue acting as a launchpad for further upside, noting that bulls […] дальше »
2020-9-15 19:00 | |
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Ethereum Posts “Perfect Rejection” at Key Resistance as Traders Target $420
Ethereum has been closely tracking Bitcoin and the aggregated crypto market throughout the past few days This allowed it to garner some strong momentum earlier this week, but has led it to see some notable downside throughout the past 24-hours BTC and ETH both faced strong rejections above their key resistance regions, which has struck a slight blow to their technical outlooks Analysts are now noting that although this rejection seems grim, it may be […] дальше »
2020-9-13 22:00 | |
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Bitcoin May Soon Push Higher After Taking Out Key Liquidity Levels
Bitcoin has witnessed some slight instability throughout the past few hours, with sellers rejecting BTC above its key resistance level at $10,500 The decline from its highs shows that this price remains a strong region of selling pressure The likelihood of BTC seeing further downside in the near-term is now significantly higher than what it was previously Some analysts are noting that where it trends next will depend largely on its reaction to a few […] дальше »
2020-9-13 19:00 | |
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A Star, a Dog, or a Question Mark - Where would you put Bitcoin?
$1000 invested in Bitcoin on 1 January would be worth $1439, as of today. In fact, at the time of writing, Bitcoin’s price was noting 43.9% in YTD returns. Ergo, it is no surprise that it is popularThe post A Star, a Dog, or a Question Mark - Where would you put Bitcoin? appeared first on AMBCrypto. дальше »
2020-9-14 18:00 | |
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Ethereum is About to Make a Big Movement; But Will It Favor Bulls?
Ethereum has been flashing some signs of strength throughout the past few days, with bulls now pushing it back towards its recent highs of $380 The cryptocurrency is slightly outperforming Bitcoin at the moment and does appear to be in a decent technical position One analyst is noting that a confluence of factors seems to suggest that a massive movement is brewing for the cryptocurrency Whether or not this move favors bulls or bears is […] дальше »
2020-9-13 22:00 | |
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Institutions are Growing Increasingly Bullish on Bitcoin Following Drop to $10,000
Bitcoin’s price is now expressing some signs of stability within the lower $10,000 region, with bulls being able to garner some strong support This comes after the cryptocurrency defended its crucial near-term support level at $9,900 on multiple occasions throughout the past week One analyst is now noting that investor fear is at the same level it was at just before the crypto pumped to $12,000 This also comes as institutional investors grow bullish on […] дальше »
2020-9-13 19:00 | |
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Bitcoin is About to Reach a Pivotal Point as Buyers Defend Key Level
It has been a choppy day of trading for Bitcoin and the aggregated crypto market This primarily stems from BTC’s inability to maintain the upwards momentum that was driving it higher yesterday Although losing its momentum is a bear-favoring sign, it is important to note that not too much has changed for BTC from a technical perspective One analyst is noting that the benchmark cryptocurrency is now reaching a pivotal level that will shape its […] дальше »
2020-9-12 21:00 | |
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Bitcoin Could Be Coiling Up for a Move to $11,000 as Bulls Spark Slight Rally
Bitcoin and the aggregated crypto market have been flashing some signs of strength throughout the past day While BTC rebounded hard from its key support at $10,000, ETH was able to climb back up towards the upper-$300 region This marks a notable rise from its recent lows that were set earlier this week Where the market trends in the coming hours and days should provide significant insight into its near-term outlook One analyst is noting […] дальше »
2020-9-11 21:00 | |
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Binance crypto exchange delists its BNB token in Uganda
Binance, the world’s largest crypto exchange is planning to delist its token, BNB, for trading against the Uganda Shilling (UGX). The exchange unveiled this news on September 9 through an official announcement, noting that the Binance Uganda platform decided to delist and stop trading on all trading pairs for Binance Coin (BNB). дальше »
2020-9-11 14:55 | |
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Ethereum Classic Labs teams up with Chainalysis
Ethereum Classic Labs has joined hands with Chainalysis, a blockchain analysis firm, to introduce Chainalysis Know Your Transaction (KYT). A blog post unveiled this news on September 9, noting that KYT is an automated transaction monitoring solution that detects high-risk activity from OFAC-sanctioned addresses. дальше »
2020-9-11 14:34 | |
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Analyst: Ethereum Narrowly Avoids Capitulation as Macro Outlook Grows Bright
Ethereum has posted some strong price action throughout the past couple of days, with the cryptocurrency ardently defending against any sharp decline This strength has come about mostly due to the buying pressure found at $320 This price level, and the region directly above it, have helped the crypto to slow its descent and stabilize Bitcoin’s ability to hold above $10,000 has also aided its price action significantly One analyst is now noting that ETH […] дальше »
2020-9-10 23:00 | |
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Ethereum Continues Finding Strong Support, But Fails to Break Crucial Level
Bitcoin’s inability to push past $10,400 has created a major headwind for the aggregated market This has resulted in ETH’s price plunging towards its key support levels throughout the mower-to-mid $300 region Because Ethereum has grown highly correlated to Bitcoin as of late, where it trends next may depend almost entirely on the benchmark cryptocurrency That being said, one analyst is noting that the strong support ETH has at $320 may be enough to stop […] дальше »
2020-9-9 23:00 | |
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Bitcoin Hammers Key Support Level as All Eyes Continue Watching $10k
Bitcoin has once again faced a massive influx of selling pressure that caused its price to dip back towards its key support at $10,000 The cryptocurrency is navigating beneath this level, which means that it may soon once again test its critical support at $9,900 The multiple tests of this level that it has undergone in recent times seems to indicate that significant downside could be imminent One analyst is noting that a failure to […] дальше »
2020-9-8 21:00 | |
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Blockpit, an Austrian crypto expert, takes over CryptoTax
Blockpit, a renowned Austrian crypto compliance firm, and software developer has purchased its German competitor, CryptoTax. A report unveiled this news on September 8, noting that this acquisition is part of Blockpit’s quest to benefit from economies of scope and to improve its international competitiveness. дальше »
2020-9-9 16:38 | |
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Data: Despite Ethereum & Altcoin Crash, DeFi is Going Viral in China
After a parabolic rally, Ethereum’s decentralized finance (DeFi) is starting to go semi-viral on China. This comes after months of a number of commentators noting on Twitter that DeFi hasn’t been appealing to Chinese investors due to a lack of Chinese education and user interfaces. дальше »
2020-9-8 06:00 | |
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Bitcoin Could Plunge to $8,100 if These Key Levels Fail to Hold
Bitcoin’s bulls and bears are currently engaged in a heated battle for control of $10,000, with this crucial level likely being the sole factor that determines its near-term outlook. Analysts are noting that the ultimate reaction to this level will likely provide BTC with serious guidance, as a failure to hold above it could spark a far-reaching downtrend BTC is also approaching a key technical level that bulls must try to defend ardently – its […] дальше »
2020-9-8 02:00 | |
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