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Bitcoin is Showing “Signs of Exhaustion” as Analysts Eye a Movement to $8,000
Bitcoin is flashing some tempered signs of strength right now as it attempts to push up towards $9,300. This comes after an extended period of trading at $9,100 and seems to mark an extension of the momentum that the crypto first incurred when it bounced from its recent lows of $8,900 last week. This momentum […] дальше »
2020-7-2 04:00 | |
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The Grayscale Bitcoin Trust May Be Signaling BTC has Formed a Long-Term Bottom
Bitcoin has been consolidating between $9,000 and $10,000 for the past several days and weeks, struggling to garner any clear trend The crypto has expressed some overt weakness in recent times due to its propensity to trade near the lower boundary of this range Buyers have been ardently defending against a drop below $9,000 One trend seen while looking towards the publicly traded Grayscale Bitcoin Trust seems to indicate that the cryptocurrency could be forming […] дальше »
2020-7-2 02:00 | |
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Ethereum Bulls Defend Crucial Support, But Outlook Remains Gloomy
Despite navigating down towards its crucial support at $220, Ethereum’s buyers were able to defend against a break below this level The cryptocurrency now appears to be well-positioned to maintain above this level in the near-term, as buyers are currently ardently defending another crucial support level That being said, on its daily chart the cryptocurrency does appear to be flashing some signs of overt weakness One group of analysts recently noted that the recent break […] дальше »
2020-7-2 23:00 | |
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Analyst Expects Bitcoin Price to Break Below $8,500; Here’s Why
Bitcoin is maintaining its interim support level near $9,100, but an analyst expects the price to break bearish towards $8,500. The trader forecasted the downside move days after Bitcoin established a second-quarter top near $10,500 on June 1. дальше »
2020-7-1 16:00 | |
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This Eerie Bitcoin Fractal Sees Price above $70,000 by mid-2021
Bitcoin is on the cusp of breaking out towards levels above $70,000, according to an eerily identical fractal. Spotted first by Artem Shevelev, a market analyst, the pattern shows Bitcoin in a seven-stage development. дальше »
2020-7-1 09:55 | |
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This Altcoin Could Increase By 60% in July
The TROY (TROY) price has created a bullish reversal pattern inside a support area, indicating that it is likely to move upwards towards the current range high. Cryptocurrency trader @TheEuroSniper outlined a TROY chart, in which a short-term range between 30-47 satoshis is outlined. дальше »
2020-7-1 08:45 | |
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Bitcoin Flirts With Key Resistance: Here’s Why 100 SMA Could Spark New Rally
Bitcoin is consolidating above the $9,100 level against the US Dollar. BTC could start a strong increase towards $9,500 as long as it is above the 100 hourly SMA. Bitcoin is currently trading in a contracting range below the $9,300 resistance. дальше »
2020-7-1 06:58 | |
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Cardano takes the next step towards Shelley
After five years of intense research and development, the Cardano ecosystem has achieved a major milestone. Shelley has arrived. Well, at least in code. According to the roadmap shared by IOHK's CharlThe post Cardano takes the next step towards Shelley appeared first on AMBCrypto. дальше »
2020-7-1 05:37 | |
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Cardano Successfully Launches Shelley Mainnet
Cardano reaches an important and highly anticipated day in its roadmap today as it moves to the Shelley phase of its march towards total decentralization. The Cardano community has been anxious about the arrival of Shelley. дальше »
2020-7-1 02:52 | |
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Bitcoin’s Short-Term Breakout Could Lead to a Bounce
On June 29, the Bitcoin (BTC) price broke out from a short-term descending resistance line. This could have been the beginning of an upward move that takes the price towards $9,300-$9,400. However, the longer-term outlook is still bearish, and BTC is expected to eventually decrease towards the range low. дальше »
2020-6-30 10:26 | |
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Converging Bitcoin Indicators See Price Stagnant at $8,000s Until Sept 2020
Risks of Bitcoin price moving towards $8,2000 in the next quarter are growing, per two historically accurate technical indicators. The benchmark cryptocurrency has been trending downwards in a Falling Wedge pattern since June 2020. дальше »
2020-6-29 11:07 | |
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How is the Bitcoin market reacting to its biggest expiry
It's safe to say 2020 has not gone the way most people thought it would. Bitcoin was lauded to surpass every expectation following it halving in May. With the path towards its halving littered in quanThe post How is the Bitcoin market reacting to its biggest expiry appeared first on AMBCrypto. дальше »
2020-6-29 20:00 | |
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Bloomberg Analyst Sees Bitcoin at $13K Despite Hints of Deep Breakdown
Bitcoin price is eyeing a breakout towards $13,000, according to Bloomberg analyst Mike McGlone. The senior commodity strategist stated that the cryptocurrency’s declining volatility is making it a digital version of gold. дальше »
2020-6-26 16:00 | |
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Ethereum long-term Price Analysis: 23 June
Disclaimer: This article attempts to foresee Ethereum's price action over the next three weeks, leading up to a potential breakout in the second week of July Following the latest swing towards the The post Ethereum long-term Price Analysis: 23 June appeared first on AMBCrypto. дальше »
2020-6-24 19:30 | |
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Exploding DeFi Demand Sparks Ethereum Daily Transactions to Hit 2-Year High
The number of daily transactions on the Ethereum blockchain network surpassed 1 million, a level unseen since January 2018. In recent months, network activity on Ethereum surged as a result of rising demand for decentralized finance (DeFi) applications and growing anticipation towards ETH 2. дальше »
2020-6-23 12:34 | |
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PayPal FOMO Sparks Optimism For Bitcoin to Surpass $10,000: Here’s Why
Bitcoin price climbed Monday as traders expected global payment giant PayPal to offer direct crypto sales. The unconfirmed report sent the BTC/USD exchange rate to as high as $9,792. Observers now see the pair holding itself above crucial resistance levels, which may resume its rally towards $10,000. дальше »
2020-6-23 09:17 | |
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Bitcoin-friendly Singapore wants to team up with China for “Digital Yuan,” here’s why
East Asian nations are forging ahead with their digital currency and blockchain plans, with most being largely lenient towards large-cap digital assets like Bitcoin. The post Bitcoin-friendly Singapore wants to team up with China for “Digital Yuan,” here’s why appeared first on CryptoSlate. дальше »
2020-6-23 23:00 | |
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Bitcoin Bulls Flash Signs of Strength as Stock Market Fuels Fresh BTC Uptrend
Bitcoin is showing some signs of strength after it posted a strong rebound from its recent lows set around $9,200 The crypto has since climbed back above $9,400, and appears to be navigating through what has become a heavy resistance level Analysts do believe that the token is poised to see further upside due to a few key factors One such factor would be the ongoing rise seen while looking towards the stock market, which […] дальше »
2020-6-23 21:00 | |
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Omise (OMG) Parent SYNQA Raises $80 Million to Bolster its Blockchain and Fintech Expertise
Omise (OMG) parent Synqa raised $80 million to bolster its work in digital currencies and financial services, the firm announced on June 22. Deploying Funds towards Financial Apps As per TechInAsia, Synqa raised the funds via Sparx, through the latter’s Mirai Creation Fund II that exclusively focusses on projects with an innovative business model usingRead MoreRead More. дальше »
2020-6-22 19:00 | |
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Bitcoin Aims High, Is DeFi a Bubble? ICX & DUSK Technicals (and More): Crypto News Roundup
Despite some volatility, the Bitcoin price remained, by and large, stable last week as it hovered in a range between $9,250 and $9,500. The bulls may have a slight upper hand at this juncture. The alpha-crypto broke out from a descending resistance line yesterday and now appears to be aiming for an upward move towards […] The post Bitcoin Aims High, Is DeFi a Bubble? ICX & DUSK Technicals (and More): Crypto News Roundup appeared first on BeInCrypto. дальше »
2020-6-23 18:35 | |
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Ethereum Smashes Heavy Resistance: Here’s What Could Propel it to $250
Ethereum is up around 2% and it broke the $232 resistance against the US Dollar. ETH has likely moved into a positive zone and it could continue to rise towards $240 or even $250. Ethereum is slowly gaining bullish momentum above the $232 resistance The price tested the $235 resistance and trading well above the […] дальше »
2020-6-22 11:28 | |
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3 Key Reasons Why Bitcoin Price Could Surge Above $9,500
Bitcoin is trading nicely above the $9,300 and $9,220 support levels against the US Dollar. BTC is likely to continue higher towards $9,500 and $9,800 as long as it is above $9,220. Bitcoin is forming a strong support base above the $9,220 support zone. дальше »
2020-6-22 06:58 | |
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60% of Bitcoin Options Open Interest Expires in 6 Days; Will Fireworks Ensue?
The crypto market has continued extending its long-held consolidation phase, with this sideways trading largely coming about as a result of Bitcoin’s lack of momentum Analysts are now noting that it may persist further in the near-term, as there are no immediate catalysts for momentum One factor that could lend itself towards shifting this trend is the expiry of 60% of all Bitcoin options next week Close to $1 billion in contracts are expiring on […] дальше »
2020-6-20 19:00 | |
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Ripple-backed PayID initiative not limited to XRP or fiat
San Francisco-based blockchain giant Ripple has continued to work towards strengthening its expansion into the Asian market. Additionally, the firm has also recently been working on adding new ODL corThe post Ripple-backed PayID initiative not limited to XRP or fiat appeared first on AMBCrypto. дальше »
2020-6-20 17:00 | |
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This Bitcoin Indicator Forecasted the 2017 Bull Run. It Just Flashed Again
Bitcoin’s lackluster price action over the past few weeks has struck a serious blow to investor sentiment, leading many to anticipate weakness in the days and weeks ahead. That being said, this growing bearishness may be unwarranted, as some interesting trends seen while looking towards its on-chain fundamentals seem to suggest that further upside is […] дальше »
2020-6-20 00:00 | |
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When Will These Two Lagging Majors Begin to Move Upwards?
The EOS price has reclaimed the support area of a long-term trading range, indicating that it might begin to move towards resistance. DASH has yet to reclaim its own support area, but technical indicators are showing that it might soon do so. дальше »
2020-6-19 16:04 | |
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Ubisoft launches new Ethereum based collectible game supporting UNICEF
French game developer, Ubisoft, has just launched an Ethereum (ETH) platform blockchain-based collectible game called Rabbids tokens. Proceeds from the game will go towards supporting the United Nations Children’s Fund (UNICEF). дальше »
2020-6-20 09:00 | |
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Ripple (XRP) Could Escape Downtrend if it Closes Above One Key Level
Ripple is still facing many hurdles near $0. 1980 and $0. 2000 against the US Dollar. XRP price must settle above the $0. 2000 resistance zone to avoid more losses in the near term. Ripple is climbed towards the $0. дальше »
2020-6-18 08:28 | |
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Binance joins Indian crypto-asset committee; will it be enough?
Arguably one of the world's biggest cryptocurrency exchanges, Binance has taken yet another step towards solidifying its relationship with India's crypto-users after it announced that it has joined thThe post Binance joins Indian crypto-asset committee; will it be enough? appeared first on AMBCrypto. дальше »
2020-6-18 05:01 | |
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Bitcoin’s Current Pattern, Fishiness Indicator (and more): Crypto News Roundup
Bitcoin has maintained a sort of quasi-stability in the mid-$9,000s since Tuesday, leaving bulls patiently waiting for that march towards five-figures. There’s stiff resistance around $9,900 whereas the closest support lies in the $9,300 – $9,350 range. дальше »
2020-6-18 18:16 | |
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Mauritius: Financial Regulator Issues Security Token Offering Guideline
The Mauritius Financial Services Commission (FSC) has released guidelines for regulated security token offerings (STO) in the country. The news forms another milestone for the island-state in its drive towards expanding its emerging digital economy. дальше »
2020-6-18 17:07 | |
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26% of Institutional Investors Have Bitcoin, 11% Have Eth Says Fidelity
Institutional investors are growing their allocation towards cryptos from 22% last year to 27% according to a new survey by Fidelity. From November 2019 to early March 2020, 800 investors... The post 26% of Institutional Investors Have Bitcoin, 11% Have Eth Says Fidelity appeared first on Trustnodes. дальше »
2020-6-18 15:14 | |
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Bitcoin Confirms Bullish Wedge Fractal, Making $10,500 a Real Possibility
Bitcoin has slipped by more than 9 percent from its quarter-to-date top near $10,428. The move downhill has initiated a short-term downtrend with eyes towards $8,600. Nevertheless, the cryptocurrency is leaving behind a trail of lower highs and lower lows, forming a bullish wedge. дальше »
2020-6-17 11:08 | |
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Profit-taking Pares Bitcoin Gains But $10,000-Retest Likely
A rally in the Bitcoin market lost steam on Wednesday on profit-taking sentiment. The cryptocurrency slipped by a modest 0. 75 percent ahead of the European opening bell. But a rebound in consumer activity signaled a positive week for risk-on assets, raising expectations of Bitcoin resuming its bull run towards $10,000. дальше »
2020-6-17 08:01 | |
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Bitcoin Avoids Forming a Death Cross; Instead Confirms Bullish Triangle Pattern
Bitcoin’s sharp decline seen yesterday put it in peril of losing its macro technical strength and seeing even further downside The cryptocurrency has been able to largely invalidate this weakness, as it is now pushing up towards its previous consolidation channel Its strong reaction to its recent lows allowed it to narrowly avoid forming a so-called “death cross” on its cloud indicator It also confirmed the existence of a bull-favoring ascending triangle that could fuel […] дальше »
2020-6-17 02:00 | |
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Here are the Simple Reasons Why Bitcoin May Soon Explode Past $10,500
After a brief break below $9,000 earlier this week, Bitcoin has been able to post a strong rebound from these lows, now navigating back up towards $9,600 This climb seen throughout yesterday is certainly positive for bulls, as it points to underlying strength amongst BTC’s buyers Analysts are now laying out a few simple reasons for why this recent price action could mark an accumulation pattern If this pattern plays out, then BTC is bound […] дальше »
2020-6-17 21:00 | |
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US Air Force Allocates $1.5M to SIMBA Chain for Blockchain Supply Chain Integration
The U. S Department of Defense has allocated $1. 5 million towards SIMBA Chain, a blockchain-oriented firm, to advance research in supply chain logistics. This blockchain-as-a-service (BaaS) startup has developed close ties with the U. дальше »
2020-6-17 18:51 | |
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Stellar Lumens, Tron, Decred Price Analysis: 16 June
The larger cryptocurrency market, at the time of writing, had begun to recover following the losses incurred by the market's cryptos towards the beginning of the week. This recovery was led by the worThe post Stellar Lumens, Tron, Decred Price Analysis: 16 June appeared first on AMBCrypto. дальше »
2020-6-16 15:00 | |
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Bitcoin Funding Rates Flip Negative as Sellers Build Momentum; What to Watch For
Bitcoin has seen some intense turbulence throughout the past day, with the cryptocurrency losing the support it had at $9,400 before plummeting into the $8,000 region Buyers were able to guard against the massive influx of selling pressure, supporting it above $9,000 for most of the day The defense of the upper-$8,000 region has caused the crypto to form a double bottom seen while looking towards its RSI This indicates that the crypto could be […] дальше »
2020-6-16 02:00 | |
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Ethereum Likely to Dive Towards $200 as Overnight Selloff Rattles Market Structure
Ethereum has decline today alongside Bitcoin and the aggregated crypto market, breaking below a key support level that was previously being defended by buyers It now appears that ETH could be well positioned to see even further downside in the days and weeks ahead One technical indicator is forecasting that it will plunge to $200 before it is able to garner any notable buying pressure This could lead it to break below a key support […] дальше »
2020-6-16 23:00 | |
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U.S Treasury Secretary Says the Country Will Not Shut Down Despite Second Wave COVID-19 Fears
U. S Treasury Secretary, Steve Mnuchin, has ruled out the possibility of a second lockdown despite a spike in new COVID-19 cases within the United States. This comes as Wall Street and Asian markets dipped towards the end of last week in fears of possible second wave. дальше »
2020-6-15 17:44 | |
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