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Ethereum is About to Test a Key BTC Resistance Level; What Analysts are Saying

Ethereum has finally broken its trend of underperformance against Bitcoin, with the crypto’s recent break above $700 allowing it to gain some ground on the ETHBTC pair This strength does appear to be growing, as the crypto has yet to face any harsh rejection around its recent highs, despite Bitcoin’s potential blow-off top at $28,500 BTC’s ongoing consolidation phase may turn out to be highly bullish for ETH and other altcoins One trader is also […] дальше »

2020-12-30 01:00


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Recent Bitcoin Transaction Shines Light on Institutional Accumulation Trend

Bitcoin’s price has been fairly stable below $24,000, with sellers being unable to firmly degrade its strength despite the weakness seen across altcoins BTC’s dominance has been rising rapidly as it sucks the oxygen out of the room, with analysts widely targeting continued strength against altcoins However, Bitcoin still has some major hurdles in its path that may continue hampering its growth and stopping it from seeing any massive uptrend This includes the massive resistance […] дальше »

2020-12-24 21:00


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Analyst Who Called for $650 Ethereum Thinks This is Coming Next

Ethereum has been lagging behind Bitcoin as of late, not being able to match the immense gains seen by the benchmark cryptocurrency This trend has come about due to Bitcoin sucking the oxygen out of the room, with the benchmark crypto outperforming just about every major altcoin as of late If this trend persists, Ethereum could continue posting relative weakness on its BTC trading pair, hampering the growth it sees against the dollar as well […] дальше »

2020-12-20 01:00


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Why Bitcoin Is Unlikely To Ever Experience Another March-Like 50% Price Drop

This year has undeniably turned out to be bitcoin’s year. Despite the coronavirus pandemonium, no asset class has served as a better hedge against inflation, an ideal safe haven than bitcoin. Moreover, the flagship cryptocurrency is the top-performing asset in terms of returns after bouncing back from the March coronavirus-induced crash.  One analyst is noting […] дальше »

2020-11-19 16:57


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The Canadian tax authority is after Coinsquare’s user data

Canada’s tax authority, the Canadian Revenue Agency (CRA) has been trying to seek out the country for anyone who may have made gains for trading crypto. There is a strong suspicion that many have not paid their taxes on their crypto earnings, and so CRA took legal action against crypto exchange Coinsquare in order to force it to hand over seven years of user data. дальше »

2020-11-7 11:24


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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 […] дальше »

2020-8-29 23:09


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100M XRP Unlocks from Ripple’s Escrow Wallet, Compounding Technical Weakness

XRP has been caught within a long-held bout of consolidation around $0.20, struggling to garner momentum in either direction Although the lack of a consistent USD downtrend may be welcomed by its embattled investors, the cryptocurrency has been flashing some signs of overt weakness as of late One such sign would be the losses it has posted against BTC over the past several weeks Another 100 million tokens were also just moved out of Ripple’s […] дальше »

2020-6-9 23:00


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Japan FSA: Register Before Giving Advice on Investments

Japan’s Financial Services Agency (FSA) warned against investment solicitations from unregistered companies, including the cryptocurrency industry, in a tweet posted on June 3. Japan’s financial authority, the Financial Services Agency (FSA), has issued a warning against investment advice doled out by individuals and groups with respect to cryptocurrencies and other asset classes. дальше »

2020-6-4 11:20