3 Reasons Why Ethereum Might Bounce from $1,770

2022-5-27 14:48

Despite questionable performance in past week, we might see conclusion of massive bearish rally as Ether reaches massive support

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The CEO of Paxos shares his views on crypto and PayPal’s next-gen wallet

Back in late 2020, when it announced that it will add crypto to its platform, PayPal made massive waves in the entire crypto industry. In fact, this might be one of the reasons why the crypto prices received such a strong head start at the beginning of the bull run that took them to where […] The post The CEO of Paxos shares his views on crypto and PayPal’s next-gen wallet appeared first on Invezz.

2021-5-9 09:57


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Bitcoin On-Chain Data Reveals Chinese Mining Pool Behind Its Crash

An otherwise decentralized cryptocurrency, Bitcoin, might have become a victim of a centrally orchestrated price dumping attempt. According to data fetched by CryptoQuant, a South Korea-based blockchain analytics firm, Bitcoin miners at Chinese mining firm F2pool started the massive sell-off that crashed the BTC/USD exchange rate by almost 20 percent in just less than 24 hours.

2021-1-22 14:26


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It’s a “Do or Die” Moment for Bitcoin as Bulls Send it to Critical Resistance

Bitcoin is seeing some immense momentum at the moment, with bulls sparking a strong upswing that is showing no signs of slowing down This came about following the massive downwards movement seen late-last week after the cryptocurrency tested its $19,500 all-time highs The rejection here showed that bears would ardently try to defend this level, but it remains unclear as to where it might trend in the mid-term If it does break above these highs, […]

2020-12-1 21:00


Bitcoin Could See a Massive Squeeze as Funding Rates Flip “Extremely Negative”

Bitcoin’s price action has been lackluster as of late, providing investors with few insights into the cryptocurrency’s near-term outlook as it consolidates Although from a technical perspective, it remains unclear as to where it might trend in the near-term, there are a few factors that may provide investors with some guidance One such factor that could have some influence over the digital asset is its funding rates, which have flipped negative throughout the past few […]

2020-10-8 02:00


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Winklevoss Twins: Undervalued Bitcoin Could Hit $500,000 As It’s The Only Long-Term Hedge Against Inflation

If you think you have missed out on Bitcoin’s massive 2020 gains, you might want to think again. Cameron and Tyler Winklevoss, crypto billionaires, and the co-founders of the Gemini crypto exchange believe that the bellwether cryptocurrency still has more gas left in the tank as it is wildly undervalued at anything less than $500,000 […]

2020-8-29 23:09


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Bitcoin OI Just Hit a Multi-Month High, Suggesting Fireworks are Inbound

Bitcoin’s intense consolidation phase is now approaching its fourth month The cryptocurrency is still offering little insight into where it might go once this trend breaks It also remains unclear as to what could catalyze this range to break, and both buyers and sellers have been increasingly moving to the sidelines as of late One factor to observe in the near-term is the massive amount of outstanding open interest within the market This metric currently […]

2020-7-17 21:00