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China’s Digital Yuan Reaches $300 Million Spent
The People’s Bank of China’s CBDC pilot program has seen $300 million worth of Digital yuan spent, as of Nov 2, 2020. This occurred over four million separate transactions. China’s Digital Future While the race for a large economy to launch a digital currency continues unabated, China is making some headway. дальше »
2020-11-3 22:20 | |
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Ethereum Fails to Post Bullish Monthly Close, Opening the Gates for Downside
Ethereum’s trend of underperformance against Bitcoin has persisted and is showing few signs of changing anytime soon The cryptocurrency has been unable to match the strength seen by BTC over the past few weeks, and it is still trading below its key $400 resistance level Where it trends in the near-term depends largely on Bitcoin’s reaction to $14,000, as a break above this level could send the entire market flying higher One analyst is now […] дальше »
2020-11-1 22:00 | |
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Hedge Funds Widely Flip Short on Bitcoin Despite Blatant Breakout
Bitcoin has been caught within the throes of an intense uptrend throughout the past few weeks This has led its price to post massive gains, with bulls now vying to post a monthly close above $13,800 for the first time Although this would mark the highest monthly close ever seen by BTC – which would be undeniably bullish – not everyone is convinced Data from the latest Commitment of Traders report from the CME shows […] дальше »
2020-11-1 01:00 | |
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Ethereum, Stellar Lumens, Basic Attention Token Price Analysis: 31 October
On the last day of October Bitcoin was seen nearing its monthly high as it aimed towards the $13,700 mark. The same bullishness was also visible on the trading charts of Ethereum, Stellar Lumens, and The post Ethereum, Stellar Lumens, Basic Attention Token Price Analysis: 31 October appeared first on AMBCrypto. дальше »
2020-11-1 22:30 | |
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Institutions are Bitcoin's latest hodlers, here's why
The crypto market has seen an uptick in Institutional Investment of late and following the announcement of these large purchases by more firms, the market has rallied as anticipated. There is much The post Institutions are Bitcoin's latest hodlers, here's why appeared first on AMBCrypto. дальше »
2020-11-1 22:00 | |
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Bitcoin is About to Post Its Highest Monthly Close Ever as Bulls Roar
Bitcoin has seen a strong upsurge throughout the past few hours that allowed it to break above its previous $13,800 resistance level The selling pressure here has proven to be significant on multiple occasions throughout the past year, and today’s break above this level is extremely bullish One trader is now noting that the cryptocurrency is about to see its highest monthly close ever if it can hold above $13,863 A strong break above this […] дальше »
2020-11-1 19:00 | |
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Ethereum Reaches Bedrock Support Against BTC as Sellers Run Out of Fuel
Ethereum is in the process of trying to reclaim its key $380 support level following a brief dip below it earlier today. The cryptocurrency has been struggling to gain any momentum despite the intense strength seen by Bitcoin as of late, which is currently grinding up towards its key resistance at $13,800 as buyers maintain […] дальше »
2020-10-31 05:00 | |
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This Indicator Shows Bitcoin Could Reel to $12,500 Before Rallying Higher
Bitcoin has simply been ranging throughout the past few days, with bulls building a strong base of support within the lower-$13,000 region as bears struggle to gain any momentum This support could help catapult it higher in the near-term, but the slight rejection seen at $13,600 yesterday does indicate that downside could be imminent There is one technical indicator that suggests some downside could be right around the corner One analyst spoke about this in […] дальше »
2020-10-31 02:00 | |
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Chainlink, Tezos, Dogecoin Price Analysis: 30 October
Displaying a bearish scenario Chainlink was seen diving below its short- term period moving averages, on its trading chart. Tezos (XTZ) too continued to remain bearish, with a hint of weakening selliThe post Chainlink, Tezos, Dogecoin Price Analysis: 30 October appeared first on AMBCrypto. дальше »
2020-10-30 19:00 | |
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Tether dominates the market, DAI and USDC to follow the lead
Tether has become the most promising stablecoin in the cryptocurrency market. Tether is the third most valuable stablecoin around the world, trading at $1 as of September 2020. In the past, we have seen XRP ruling the market as a stablecoin, but Tether outperformed it in terms of market capitalization for the second time in less than two weeks. дальше »
2020-10-30 07:24 | |
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Here's what Bitcoin's recent hashrate drop may imply for miners
Bitcoin has seen its hash rate decline over 43.47 % within a span of 3 days, due to Chinese mining farms closing down for the dry season. The reason being, they cannot generate enough hydropower withoThe post Here's what Bitcoin's recent hashrate drop may imply for miners appeared first on AMBCrypto. дальше »
2020-10-30 22:00 | |
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Here’s How the U.S. Dollar’s Macro Bearishness Could Send Bitcoin Flying
Bitcoin is currently consolidating following its sharp decline seen yesterday The cryptocurrency is lacking momentum as its bulls and bears both seem to reach an impasse, which has struck a blow to its technical outlook One of the main reasons why BTC saw such a harsh rejection at $13,800 was due to a sudden surge in the US Dollar’s value seen yesterday This sent shockwaves throughout the market and stopped BTC from breaking the resistance […] дальше »
2020-10-30 21:00 | |
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Risk Aversion in Effect: Losses Recorded Across Bitcoin, DeFi, Stock, & Gold Market
Bitcoin’s red hot rally came to stop on Wednesday when the price of the digital asset dropped just under $13,000. Today, the top digital currency is rebounding, currently at $13,450. The sell-off, however, wasn’t confined to the crypto market alone and was seen in other markets as well. дальше »
2020-10-30 18:26 | |
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Gold Bull Peter Schiff Calls Bitcoin the “Biggest” Bubble He’s Ever Seen
Bitcoin has undergone a strong rally since the cryptocurrency almost plunged to $0 in March. Even still, Peter Schiff has maintained that Bitcoin remains a bubble. Bitcoin Could Be the Biggest Bubble Ever, Schiff Argues Bitcoin has undergone a strong rally since the cryptocurrency almost plunged to $0 in March. дальше »
2020-10-30 13:00 | |
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Keep3r Network Token Pumps 3,000% after DeFi Farmers FOMO into Launch
The latest token launch from Yearn Finance’s Andre Cronje has seen an expected rush of FOMO from farmers causing prices to pump. The KP3R token associated with Cronje’s new Keep3r Network jobs platform was launched on Uniswap on Oct 28 and started trading at around $10. дальше »
2020-10-30 12:12 | |
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Ethereum “Crashes Heavily” Against BTC as Market Faces Strong Pullback
Ethereum has been severely underperforming Bitcoin as of late, which has led the ETHBTC trading pair to see immense weakness It is currently plunging lower as Bitcoin’s $13,800 rejection sends shockwaves throughout the market Although it has reached its first key support zone, weakness seen by both BTC and ETH individually will likely drag it significantly lower in the near-term This weakness can only be reverted if bulls step up and propel both the cryptocurrencies […] дальше »
2020-10-29 23:00 | |
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How would you trade $1000 in BTC, ETH, and other alts in Nov 2020?
From Microstrategy’s $500 Million investment in Bitcoin to PayPal’s integration of crypto, in the past three months, we have seen it all. November 2020 is unlike any month since 2018. Bitcoin is tThe post How would you trade $1000 in BTC, ETH, and other alts in Nov 2020? appeared first on AMBCrypto. дальше »
2020-10-28 17:00 | |
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Is the U.S. Presidential Election Bitcoin’s Next Big Catalyst?
As the US presidential election looms, the crypto market, in general, is wide awake and alert as to what lies ahead afterward. There is a cloud of uncertainty hovering above investors as many have already begun switching to assets such as Gold, silver, and Bitcoin as they are seen as a safe-haven as compared to […] дальше »
2020-10-30 15:34 | |
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Bitcoin hits a new record in the number of wallet addresses
Bitcoin (BTC) has seen a rather impressive price performance in 2020. First, it recovered from a large price crash caused by the COVID-19 fears in March, and then it surged even further up than that. дальше »
2020-10-28 13:27 | |
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Bitcoin (BTC) fees nearly tripled in the last few days
Bitcoin (BTC) price recently skyrocketed by almost $1000, going beyond $13. 700. However, it is not the only aspect of the world’s largest cryptocurrency that has seen a major increase. The coin’s fees have nearly tripled in only three days, going from an average fee of $3. дальше »
2020-10-28 11:03 | |
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What's driving the Bitcoin price?
As the bitcoin price hits levels not seen since January 2018, an analysis of three primary price drivers reveals all three are long term macro trends - supporting the narrative of a sustainable upward trend дальше »
2020-10-29 04:00 | |
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Bitcoin Holds Above Critical Support Level as Bulls Target $14,000
Bitcoin has seen some further upside today despite the intense selloff seen in the stock market This confirms the narrative regarding it now being fully decoupled from traditional assets It has also been able to set new yearly highs this morning when it rallied towards $13,500 If it continues holding above its near-term resistance-turned-support at $13,200, the crypto could soon gain further momentum that leads it up towards $14,000 This is an intense resistance level […] дальше »
2020-10-27 21:00 | |
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Cardano, Monero, Zcash Price Analysis: 27 October
A spike in selling pressure followed by a sudden price recovery was witnessed in the Cardano market, as volatility levels remained quite high. Monero was seen rising on its trading charts with the The post Cardano, Monero, Zcash Price Analysis: 27 October appeared first on AMBCrypto. дальше »
2020-10-27 19:30 | |
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Bitcoin Millionaire Addresses Reaches Highest Level Since January 2018
As Bitcoin’s price holds strong at $13,000, the number of Bitcoin millionaire addresses are also hitting levels not seen since the last bull run. Those addresses that have been holding more than $1 million worth of BTC have surpassed 20,000, the highest level since January 2018, as per Glassnode. дальше »
2020-10-27 19:22 | |
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The “Sky is the Limit” for Bitcoin as Weekly Close Shatters the Bear Case
Bitcoin has seen some incredible strength throughout the past couple of weeks, with the confluence of a strong market structure and an undercurrent of positive developments both helping to drive it higher. дальше »
2020-10-26 19:00 | |
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Bitcoin Could Soon See a Pivotal Weekly Candle Close Above $13,000
Bitcoin is about to see its next weekly candle close, one that analysts say will be critical. One trader highlighted how this candle will most likely mark Bitcoin’s highest weekly candle since the blow-off top seen at the end of 2017 and start of 2018. дальше »
2020-10-26 02:00 | |
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Litecoin, NEM, FTX Token Price Analysis: 25 October
While Bitcoin did climb to $13,361 on the charts, it was soon forced to drop down to $13,016 in a matter of minutes. The decoupling of Bitcoin from traditional markets can be seen as a long-term bulliThe post Litecoin, NEM, FTX Token Price Analysis: 25 October appeared first on AMBCrypto. дальше »
2020-10-25 13:30 | |
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“Holy Cow”: Industry Reacts to Bullish Bitcoin Analysis by JP Morgan
Bitcoin has seen a strong uptick in institutional adoption over recent weeks and months amid the worst economic trends in many decades. Wall Street analysts think that the asset may act as a hedge against the U. дальше »
2020-10-25 02:51 | |
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Chainlink Rallies Higher as Analysts Expect Further Mid-Term Upside
Chainlink has seen one of the strongest rebounds from its recent lows across the aggregated altcoin market, with its price rocketing higher as investors begin rotating capital into “risk-on” assets as Bitcoin and Ethereum show signs of strength. дальше »
2020-10-25 01:00 | |
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CME’s Bitcoin Futures Rise Suggests Institutional Investors Are Starting to Swarm Toward Crypto
The Chicago Mercantile Exchange (CME) has become the second-largest derivatives market for bitcoin futures in terms of open interest. The popular exchange has seen an influx of demand since the recent Paypal announcement and the Bitmex debacle as well. дальше »
2020-10-25 18:45 | |
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DeFi Growth & Stablecoin Surge Most Bullish Crypto Development: DCG State of Crypto 2020 Survey
39% of the respondents that involve 150 portfolio companies see DeFi as the most bullish crypto development of 2020, as per the DCG Founders survey “State of Crypto 2020. ” The sector has seen immense growth in 2020 and continues to hit new highs; just today, a new record was set of $12. дальше »
2020-10-25 21:17 | |
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Strong Institutional Demand for Bitcoin, CME Becomes Second Largest BTC Futures Market
Bitcoin's price made a big shift this week as the bulls gained control of the market and pushed it past $13,000. A similar shift has been seen in the open interest recorded by the bitcoin trading platforms. дальше »
2020-10-25 19:11 | |
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Bitcoin Businesses on the Mend: Report Shows 57% of Crypto Execs Expect the Industry to Accelerate, Companies Are Hiring
Digital Currency Group (DCG) recently published the firm’s “State of Crypto 2020” report which polls more than 150 portfolio crypto companies. According to the study, 75% of the respondents believe the value of their business has grown this year, while 50% of the startups have seen outperforming start-of-year projections. дальше »
2020-10-24 18:15 | |
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Digital Assets Beat Traditional Assets by a Wide Margin & Ethereum Outperforms Bitcoin
In 2020 to date, Bitcoin has seen a positive performance of 80% and Ethereum 217%. With these gains, digital currencies are leading this year, with both the top digital assets outperforming traditional asset classes, that too by a wide margin. дальше »
2020-10-25 17:41 | |
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Synthetix founder calls Bitcoin’s weekly chart the “most bullish thing” he has seen
Bitcoin’s price action over recent weeks and months has undoubtedly been bullish. The post Synthetix founder calls Bitcoin’s weekly chart the “most bullish thing” he has seen appeared first on CryptoSlate. дальше »
2020-10-25 14:25 | |
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Bitcoin (BTC) balance on exchanges drops to two-year lows
Bitcoin (BTC) supply held by major exchanges has fallen to lows that were not seen for the past two years. The last time that BTC balance on major trading platforms was this low was back in 2018, according to data collected on October 20th. дальше »
2020-10-23 14:08 | |
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Economist: DeFi prices to trend higher as Bitcoin creates tailwind for beta assets
The DeFi sector has been struck hard by the recent market-wide downturn seen throughout the past couple of months. The post Economist: DeFi prices to trend higher as Bitcoin creates tailwind for beta assets appeared first on CryptoSlate. дальше »
2020-10-25 11:00 | |
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Filecoin Miners Hibernating Until Economic Model Improves
The much-hyped and contentious Filecoin project has been live for over a week now. The period has seen plenty of questions and concerns about the project’s economic model while many of its miners were reported to have ceased operations. дальше »
2020-10-23 10:36 | |
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8 Countries Stricken With Rampant Inflation See Bitcoin Prices Touch All-Time Highs
The price of bitcoin touched new highs in 2020 and a number of supporters are optimistic that the crypto asset’s value will drive higher. In addition to this year’s bitcoin price high, around eight different countries have seen bitcoin touch all-time highs (ATH) in their local currency. дальше »
2020-10-23 05:30 | |
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Research Boutique: Bitcoin Chart Is “Echoing” Previous Exponential Surges
Bitcoin has undergone a strong rally over the past few days, rallying from $11,200 to $13,100. Nautilus Research thinks that Bitcoin’s chart is forming patterns and signals last seen prior to previous exponential bull runs. дальше »
2020-10-23 04:25 | |
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Bitcoin Creates Strong Tailwind as Traders Rotate Capital into Altcoins
Bitcoin’s price has begun consolidating following its immense surge seen throughout the past 48 hours Yesterday afternoon, it rallied as high as $13,200 before it found any strong resistance that forced it lower Unlike the trend seen during fleeting upsurges, Bitcoin did not retrace that far into its recent rally following the rejection at these highs This indicates that bulls are in control of the asset at the moment and may indicate that further upside […] дальше »
2020-10-23 02:00 | |
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Trail of Destruction: Bitcoin’s $13,000 Rally Liquidated $360m in Short Positions
Bitcoin’s price has stabilized at just below $13,000 following its immense surge seen yesterday The cryptocurrency has been flashing continued signs of strength as of late, and its ability to maintain its recent gains is decisively bullish While looking back on the aftermath of yesterday’s move, its magnitude and influence over the market grows clear According to one data platform, a total of $360 million in BTC short positions were liquidated throughout the course of […] дальше »
2020-10-23 21:00 | |
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Bitcoin rallies above $13K for the second time today
Bitcoin rallied above $13,000 for the second time in a 12-hour window, indicating that the upward price momentum seen earlier may still be going. The price was at $12,967 at the time of writing, haThe post Bitcoin rallies above $13K for the second time today appeared first on AMBCrypto. дальше »
2020-10-22 15:23 | |
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Bitcoin’s Correlation with S&P 500 Drops by 90% as a New 2020 High is Made
Bitcoin spiked to a new 2020 high of nearly $13,300, a level last seen in early July 2019 after Paypal announced it would allow its customers to use cryptocurrencies. The leading cryptocurrency jumped 8% yesterday and 16. дальше »
2020-10-22 15:08 | |
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After $1,200 Surge, Bitcoin Faces Down a Pivotal Resistance Level
Bitcoin has seen an absurd bout of price action over the past few days. The leading cryptocurrency, after falling to $11,200 last week, surged as high as $13,250 on leading exchanges on Wednesday. The coin has since whipsawed since hitting those highs, dropping and rallying by hundreds of dollars below that high as investors gauge […] дальше »
2020-10-22 13:00 | |
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Here’s Why This Break Above $12,000 is Different from Past Bitcoin Rallies
Bitcoin’s price has seen some significant momentum throughout the past few days The cryptocurrency is currently trading at the highest price it has been at since before the summer rally came to an end This momentum appears to be the result of a confluence of different factors, including growing BTC adoption amongst corporations Just today, PayPal announced that they are planning to rollout cryptocurrency buying, selling, and storage features to all of their users Bitcoin, […] дальше »
2020-10-22 02:00 | |
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PayPal Forays into Crypto Market as Bitcoin Price Explodes Past $12,400
Bitcoin is now trading at the highest price seen in well over a year, with bulls aiming for $13,000 as its strong uptrend gains momentum Today, news regarding PayPal’s foray into the crypto market provided the benchmark cryptocurrency with a serious boost Its price surged all the way up to highs of nearly $12,500 before meeting some resistance, but it does appear to be poised for further gains This recent uptrend has come about in […] дальше »
2020-10-22 21:00 | |
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Market Update: Bitcoin Nears $13,000, Holds Record-Breaking 87-Day Streak Above $10K
Cryptocurrency markets have seen intense gains on Wednesday after the payment processor Paypal announced it would be supporting digital currencies. At the time of publication, the market cap of all 7,000+ digital assets has gained 5. дальше »
2020-10-22 20:30 | |
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