Polkadot Price Analysis & Prediction (April 12th) – DOT Rebounds with a Daily 4% Increase as it Looks Poise for More Gains

Polkadot started this week on a positive note and added over 4% gains in the last 24 hours. While some top altcoins surged to a new monthly high, the price is yet to cross over a key level to mark a new monthly high.

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Ethereum Finally Catching Up to Bitcoin; DeFi Meanwhile Hits a New Record

This week, Bitcoin is flying, having surged 16. 6% in value to hit a new 2020 high. While the leading cryptocurrency has been enjoying an uptrend, altcoins have been either flat or in losses. That has been up until yesterday as finally some gains were recorded by altcoins.

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Ethereum Gains 6% Intraday, Sets Sights For 2020 Higher High

Bitcoin shocked the finance world yesterday rocketing more than $1,000 to over $13,000 per BTC at the high. Today, Ethereum is following suit, with 6% already on the books and a chance to soar much higher is here.

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Up or down? Bitcoin (BTC) price prediction for October

Bitcoin (BTC) price gained 2. 4% yesterday to clear the short-term resistance at $10,500. The buyers have extended their weekly gains today by recording a 3-week high above the $11k mark. Fundamental analysis: CBDC plans accelerated Reuters reports that a group of seven central banks met today to discuss a potential roll-out of central bank digital currency (CBDC) in the future.

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New Bitcoin addresses hit two-year high after China advertises crypto

Data shows 22,000 new entities created in a single day as one analyst suggests the added volume will translate to price gains.

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Israel Wants To Classify Bitcoin as a Currency to Amend the High Capital Gains Taxation

Israel is considering making Bitcoin a currency, according to a new bill that was tabled by four members of the Nationalist party Yisrael Beiteinu, which aims to regulate better the taxations of digital currencies in the country.

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Ethereum Could See a “Violent Dump” to $250 as It Taps Key Resistance

Ethereum’s price action as of late has been quite turbulent, as it has been closely tracking that of Bitcoin, but amplifying but the gains and losses seen by the benchmark crypto Today has been relatively quiet for ETH, as its price is consolidating following its recent rally This push higher came about shortly after it saw a capitulatory decline down towards $318, and bulls were able to push it as high as $355 This is […]

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YFI Expects Big Trouble as Price Falls Six Days in a Row

It is day six and YFI has not stopped falling from its all-time high above $44,000. The Yearn Finance’s governance token remains among the best-performing crypto-assets in 2020, with lifetime gains near 2,000 percent.

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Bitcoin Will Make Gains Above $100,000, Says PlanB

Coinspeaker Bitcoin Will Make Gains Above $100,000, Says PlanBPlanB stated that high net worth individuals, institutional investors and countries hedging against quantitative easing would be the funding source for Bitcoin.

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Growing Bitcoin Hashrate Points to Further BTC Gains

Miners continue to ramp up their operations as BTC mining profitability remains high compared to other SHA-256 cryptocurrencies. Several other factors point to continued increases in the Bitcoin hashrate.

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Derivative Volumes Hit Record High in August as Bitcoin Surged to $12,000

Crypto derivatives volumes high record levels last month as Bitcoin rose to $12,000 and the broader crypto market saw massive gains, according to a report cited by Coindesk. Derivatives Hit Record Volume Data compiled by on-chain analytics firm CryptoCompare showed crypto derivative volumes rose 54% to more than $710 billion in August, the firm saidRead MoreRead More.

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Crypto Exchanges Recorded High Performance In Spot And Derivatives Volumes In August: Report

Binance recorded the highest gains in spot trading volume while Huobi Global topped the derivative crypto markets in August, with high gains recorded across all major exchanges. Data compiled by BitMEX from the CryptoCompare metrics site shows that Binance’s spot trading volume totaled $124.

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Ethereum Classic Hit by Yet Another 51% Attack, But Has Defensive Plans

Ethereum Classic was hit by another 51% attack on Aug. 29, making it the third attack on the blockchain this month. Various organizations in the crypto community have responded to the attack. ETC Cooperative has advised miners and exchanges to keep confirmation requirements high, which will prevent the attacker from making use of their ill-gotten gains.

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Binance Coin (BNB) Gains 5%, Technicals Indicate Fresh Monthly High Above $24

Binance coin price is up over 5% and it broke the $23. 00 resistance against the USDT. BNB is likely to continue higher and it could even surpass $24. 00 and $25. 00. Binance coin price is gaining bullish momentum above the $22.

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XRP Flashes Buy Signal At Bottom Of Potential Falling Wedge Pattern, Breakout Imminent

From the August monthly open to the high, XRP recorded nearly 25% gains on the month. Unfortunately for Ripple investors hoping for a new bull run, the altcoin was only able to hold onto just 1% of that as of the time of this writing.

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Cosmos (ATOM) Rallies 35% to Hit All-Time High; More Gains Ahead?

ATOM, the native token of interoperable blockchain Cosmos, was on a roller coaster ride in the last 24 hours. The 17th-largest cryptocurrency by market capitalization surged by almost 35 percent in the said timeframe as it established a record high at $8.

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Bitcoin Up $2k on Day as Market Nears $400 Billion

The price of bitcoin continued to show gains on Wednesday, defying critics to set a new all-time high on a stellar night-time trading session.

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AMZN Stock Gains 4% Crossing $3300 Level, Analysts Suggest Amazon Stock Split Possibility

Coinspeaker AMZN Stock Gains 4% Crossing $3300 Level, Analysts Suggest Amazon Stock Split PossibilityAmazon continues to outperform other companies in its sector surging close to its all-time high.

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Yearn.Finance’s YFI to Hit Bitcoin All Time High before BTC? Evidently!

The meme coin YFI is enjoying an uptrend like no other. The crypto market is ripe with gains with coins hitting new highs left and right. But this “Wifey” is the talk of the town. Started as an experiment with a zero supply, this token had no financial value, but it has been this uniqueness […]

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Litecoin Could Be Next In Line For Surge: Technicals Indicate Push To $80

Litecoin started a steady increase above the $50. 00 and $60. 00 resistance levels against the US Dollar. The price traded as high as $68. 92 and it is currently correcting gains. There is a crucial bullish trend line forming with support near $65.

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Binance Records All-Time High In System Traffic As Bitcoin Gains $11 Billion

Leading cryptocurrency exchange Binance has reported a new record high of system activity. The exchange’s CEO Changpeng Zhao says the current activity is greater than that of December 2017 around which time Bitcoin reached its all-time high price of roughly $20,000.

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Bitcoin Gains has 93.4% Addresses in Profit & Mining is Becoming Profitable Again

Volatility is back in the market as bitcoin price continues to struggle to attain the $12,000 level. Much like last weekend, this week started on a positive note with the digital asset surging past $12k only to fall $500 immediately after, only to start testing that high again.

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More People Trading LINK than Bitcoin as Explosive Gains Puts Every Single Holder in Profit

Yesterday, a new all-time high was achieved by LINK at $14. 40 after gaining 52% over a period of three days. These gains helped push LINK to a higher position in the crypto market — it is the 6th largest cryptocurrency, replacing Cardano (ADA), with a market cap of $4.

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Bitcoin Gains Independence From the Traditional Markets to Move in Line with Gold

Ever since last month, the one-month correlation between Bitcoin and S&P 500 has been on a constant decline, going from an all-time high of 78.8% on July 8th to now just at 26%. While the equities market is continuing on its upwards trend with a few retracements along the way, after trading sideways for close […]

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Chainlink Competitor Band Protocol (BAND) Surges 45% In 5 Minutes: Here’s Why

It seems that the days of explosive crypto gains are back. In the span of about five minutes, Band Protocol (BAND) gained approximately 45% against the U. S. dollar as buying volume surged. The chart below is from Alex Kruger, an analyst in the cryptocurrency space.

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Bitcoin Now Evolving into a True Digital Gold, Shedding its Risky Asset Status

It was last week that bitcoin stirred and this week, it is simply flying. Over the weekend, we broke above the key psychological level $10,000 and extended these gains on Monday by breaking into a new 2020 high, crossing even $11,400 mark.

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Institutional Investors’ Bitcoin FOMO: CME Steals the Show & Bakkt is Back in the Game

Bitcoin is rallying hard, rising to a new 2020 high. The world’s leading digital currency went as high as $11,400 before pulling back to $10,700. Now, we are back above $11k, and if today makes a repeat of Monday, we might get to see $12,000 and more records in volume. The gains resulted in more […]

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Ethereum Correcting Gains But 100 SMA Could Trigger Fresh Increase

Ethereum started a downside correction from the $335 swing high against the US Dollar. ETH price is currently approaching a major support zone near $305 and the 100 hourly SMA. Ethereum is losing bullish momentum and it is now trading below $320.

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Troubling Signs: Why One Analyst is Concerned About Bitcoin’s Latest Rally

Bitcoin has been caught within the throes of an intense uptrend throughout the past several days and weeks This has allowed it to post notable gains, despite previously showing signs of weakness as it consolidated at the lower end of its macro trading range The cryptocurrency has now shattered its high time frame resistance at $10,500 One analyst is cautioning investors against growing too bullish when it comes to this latest upswing He is noting […]

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Bitcoin Price Nears $11,000 After Mounting $500 In Minutes

Bitcoin has gone as high as 10.39 percent in the last 24 hours, breaking above the highly-anticipated $10,000 Mark, and now reaching for $11,000. With other key altcoins like ETH, ADA, LTC, and LINK recording monumental gains, there is no doubt in the crypto community that the top coin is on its way to reaching […]

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Market Update: Crypto Cap Nears $300 Billion, BTC Hits $10K, ETH Rallies Hard

The digital currency economy is steadily approaching a $300 billion market capitalization, as a great number of coins have been seeing decent gains. Bitcoin touched a high of $10,135 on July 26, during the early morning trading sessions, but ethereum is outpacing the top crypto measured by market valuation.

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Ethereum Soars To $310: Technicals Suggest Uptrend Isn’t Over Yet

Ethereum followed a strong uptrend above $250 and $270 against the US Dollar. ETH price surged above the $300 level and it is currently consolidating gains. ETH price gained more than 20% in the past few days and it surpassed $300 against the US Dollar.

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Technicals Point Towards Bitcoin Surge To $10K Despite Some Roadblocks

Bitcoin extended its rise above the $9,600 resistance level against the US Dollar. BTC is currently correcting gains, but it is likely to continue higher as long as it is above $9,500. Bitcoin traded further higher above $9,600 and formed a new weekly high at $9,676.

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Market Wrap: Bitcoin Hits 1-Month High; DeFi Value Locked Hits $3.3B

Bitcoin is making gains, Ethereum’s DeFi value grows. (CoinDesk)

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Bitcoin Smashes Heavy Uptrend Resistance as Bulls Take Over Crypto Market

Bitcoin gained around 2% and it broke the $9,500 resistance against the US Dollar. BTC is currently consolidating gains and indicators suggest high chances of more upsides above $9,600. Bitcoin is up close to 2% and it surpassed the key $9,500 resistance level.

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Peter Schiff Attacks Bitcoin as Silver Rallies to Six-Year High

Peter Schiff attacked Bitcoin over its inability to beat Silver at its intraday gains. The prominent gold bug said the metal is the new Bitcoin. Cryptocurrency enthusiasts shot back, accusing Mr.

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What’s behind the hype about DeFi in Crypto Space?

There's a lot of DeFi hype going around. Countless micro-cap projects sub 10 mil market cap. Just remember micro caps are high risk, high reward. Will they catch adoption? Sure big gains are possible,The post What’s behind the hype about DeFi in Crypto Space? appeared first on AMBCrypto.

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Chainlink (LINK) Rally Stalls At $6.6: Here’s Why Uptrend Is Intact

Chainlink (LINK) started a strong increase after it broke the $4. 900 resistance area against the US Dollar. It traded to a new monthly high at $6. 588 and it is currently correcting gains. Chainlink token price rallied significantly above the $4.

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Ethereum Active Addresses Surge to a Two-Year High But They Also Coincide with Market Tops

Currently in the green by 1.07%, Ethereum is trading at $224, up 80% YTD. ETH traders meanwhile are expecting more gains with ETHUSD longs on Bitfinex still near all-time highs. This growth has the USD balance of ETH on the crypto exchange nearly doubling this year which is in exact opposite trend with the Bitfinex’s […]

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Peter Schiff: Bitcoin Won’t “Even Come Close” to Its $20k High This Year

It’s been a strong past few months for both Bitcoin and gold. The leading cryptocurrency is up more than 150% from its March low while the precious metal has gained 15%. Both performances mark notable gains for the assets.

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Will Bitcoin Futures fail to replicate Q2 2020's activity?

On 26 June, Bitcoin's quarterly Futures contract reached its expiry after Bitcoin Futures' Open Interest touched a 3-month high of $98 million on Deribit. The derivatives gains can be widely classifieThe post Will Bitcoin Futures fail to replicate Q2 2020's activity? appeared first on AMBCrypto.

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Chainlink Hodlers, LINK Marines, Are Pushing the Price Up; Seeing Over 150% Gains in 2020

The 12th largest cryptocurrency by market cap is enjoying its very own market, as it continues to record gains notwithstanding what's going on with other cryptocurrencies. This week, LINK almost reached its all-time high of $4.

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Bitcoin Hesitates But This Technical Breakout Suggests Gains Above $9,800

Bitcoin started a downside correction from the $9,780 swing high against the US Dollar. BTC found support near $9,600 and it is currently gaining bullish momentum for a fresh rally. Bitcoin is trading nicely above the $9,500 support zone and the 100 hourly simple moving average.

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Bitcoin Sees Small Gain as Gold Rallies to One-Month High

Bitcoin is reporting moderate gains on Monday as gold, a safe haven asset, rallies amid renewed coronavirus concerns.

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Nano analysis: bulls eye up a new 2020 high

NANO/USD gained 15% in intraday trades before losses in afternoon trading capped gains at...

The post Nano analysis: bulls eye up a new 2020 high appeared first on Coin Journal.

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This Bullish Continuation Pattern Suggests Bitcoin Is Gearing For Another Lift-Off

Bitcoin climbed higher above $9,500, but it struggled to clear $9,600 against the US Dollar. BTC is now correcting gains and it seems like there is a bullish flag forming with resistance at $9,450.

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Bitcoin Hodlers Shun Risk and Short-Term Gains As Dormant Coins Reach 4-Year High

While a lot of people are uncertain about whether BTC price will reach a new high or strike a new low, there’s a shred of evidence pointing to the highest accumulated number of Bitcoin by investors in recent years, storing cryptocurrency without a visible intention to sell.

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Crypto Market Is Securing the Technical Level That Marked Bitcoin’s 2019 High

Last week, Bitcoin and the rest of the crypto market saw a harsh rejection at critical resistance levels. Within minutes, almost all digital assets plunged by 5%, shedding the gains they had seen the day earlier.

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Bitcoin Stable At $9.5K After Sharp Price Drop, Is $10K Still The Paramount Target?

There was a hard drill for retail traders on Tuesday as Bitcoin showed its true volatility. The digital asset began the day by breaking above the $10K resistance to rally as high as $10,100. But with all indicators pointing to further gains, in a matter of minutes, Bitcoin crashed to the $9,300 lows. Investors that […]

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