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Bitcoin Shatters Its Correlation to Gold as It Tanks Alongside Equities
Bitcoin’s price has been facing immense sell-side pressure throughout the past couple of days This has mainly resulted from the revelation of multiple bear-favoring news events These events – including the BitMEX imbroglio and President Trump’s health – have led many analysts to expect it to see significantly further downside in the days and weeks ahead They have also caused Bitcoin to break its former correlation with gold and begin, once again, moving in sync […] дальше »
2020-10-3 02:00 | |
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Market Wrap: Bitcoin Rebounds to $10.5K; Stablecoin Market Cap ‘Goes Parabolic’
Bitcoin price has proved resilient in the face of bad news but traders expect crypto volatility ahead. дальше »
2020-10-3 23:36 | |
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Bitcoin Shows Remarkable Strength Despite Growing List of Bearish Events
Bitcoin’s price saw a decent recovery following the BitMEX imbroglio yesterday, but the cryptocurrency’s reverted most of these gains overnight due to news of President Trump contracting the lethal virus This news sent shockwaves throughout the traditional markets as well, and appears to be having a trickledown effect on BTC as well as altcoins Where the aggregated crypto market trends in the days, weeks, and months ahead will likely depend largely on the global markets […] дальше »
2020-10-3 21:00 | |
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Bitcoin’s Strong Monthly Close Indicates October Will be a Green Month
Bitcoin’s recent bout of consolidation is still ongoing, but bulls appear to be in the process of attempting to break this trend The cryptocurrency is currently pushing towards its $11,000 resistance, which is a positive sign that indicates a test of this level may be imminent That being said, where it trends in the days and weeks ahead may depend largely on whether or not it can continue holding above some key levels One analyst […] дальше »
2020-10-2 21:00 | |
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Organic growth? Bitcoin SV activity up 761% ahead of BSV conference
Bitcoin SV users appear to have got very excited ahead of the conference.
дальше »2020-10-1 07:14 | |
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Cardano, Tezos, And Cosmos Are Streets Ahead Of Bitcoin And XRP Technology-Wise: Weiss Ratings
Ten cryptocurrencies are surprisingly way better technologically than bitcoin and Ripple’s XRP. These cryptocurrencies include Tezos (XTZ), Cosmos (ATOM), and Cardano (ADA), per financial rating agency Weiss. дальше »
2020-9-29 18:35 | |
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Whale Inflows Into Bitcoin Exchanges Slow Down; Is a Recovery Ahead?
Whales, a class of investors/traders that hold a large amount of Bitcoin tokens, have lately stopped depositing capital into crypto exchanges. Data fetched by blockchain analysis firm CryptoQuant shows inflows into the world’s major trading platforms started plummeting at a considerable pace beginning September 16. дальше »
2020-9-24 10:58 | |
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Bitcoin options still bullish despite this week’s $900 BTC price drop
Retail traders were rattled by Bitcoin’s $900 drop but BTC options data remains bullish ahead of Friday’s expiry.
дальше »2020-9-23 00:40 | |
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How BTC Held On Exchanges Matches Bitcoin’s Deadliest Drop Yet
Several signs indicate that Bitcoin is potentially on the brink of a new bull market, and much higher prices are ahead. However, one seemingly bullish sign that investors are preparing for mark up, is actually at the same level as just prior to the collapse to the cryptocurrency’s bottom. Are looks this deceiving, and Bitcoin […] дальше »
2020-9-23 20:00 | |
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Bitcoin Poised to Breakout with Strong Resistance Ahead, Presenting A ‘Turbo Moon’ Opportunity
This week, bitcoin jumped higher. Yesterday, the digital asset even briefly hit $11,000. However, BTC slowly made its way below $11k today but is still trading above $10,800. Going forward, $11,600 is “strong resistance” for bitcoin, and if the digital asset closes above this level, while ETH/BTC is below 0. дальше »
2020-9-17 15:00 | |
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MicroStrategy Stock Jumps 9% Following Bitcoin Investment; Red Flags Ahead?
The stock price of MicroStrategy (NASDAQ: MSTR) surged by a little over 9 percent following its acquisition of hundreds of millions of dollars worth of Bitcoin on Tuesday. The public-traded firm closed the New York session higher at 155. дальше »
2020-9-17 11:14 | |
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Even After A Drastic Price Correction, This Bloomberg Analyst Thinks Bitcoin Will “Come Out Ahead”: Here’s Why
Bitcoin, the leading cryptocurrency by market capitalization is currently priced at $10. 7k. The asset, which saw its most recent high of $12,050 on the 1st of September 2020 has seen a drastic drop. дальше »
2020-9-15 20:52 | |
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Gold Fractal Predicts the Ethereum-Based LEND Could Double in Months Ahead
Like other crypto assets, LEND underwent a strong correction last week. The cryptocurrency came under pressure due to Bitcoin and Ethereum diving lower as the legacy market slipped. LEND also suffered from a short-term collapse in DeFi, caused by the exit of Chef Nomi from SushiSwap. дальше »
2020-9-13 05:20 | |
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A Worrisome Gold Warning Puts Bitcoin At Risk of Plunging; Here’s How
Bitcoin was trading lower ahead of the New York opening bell Friday as the US dollar rebounded despite its prevailing bearish setup. As of 0649 EST, BTC/USD was changing hands for $10,289, down 0. 53 percent from its daily open. дальше »
2020-9-11 14:17 | |
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Bloomberg Analyst Thinks Bitcoin Will “Come Out Ahead” Despite 20% Drop
Both Bitcoin and gold have corrected from their recent highs as the U. S. dollar has bounced. The two assets are tracking each other once again as they become proxies for exposure to downside in the U. дальше »
2020-9-10 13:00 | |
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Bitcoin Rises Ahead of ECB Meet; How Eurozone Could Impact Price?
Bitcoin bounced back on Thursday as the dollar weakened. But the cryptocurrency refrained from making any significant moves ahead of the European Central Bank’s monetary policy resolution later today. дальше »
2020-9-10 09:01 | |
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Troubles for Bitcoin as US Dollar Eyes Recovery Until Q2/2021
If a stronger US dollar indeed points to a weaker Bitcoin, then the cryptocurrency is facing a humongous bearish bias ahead. An analysis published by Seeking Alpha’s Robert Balan expects the US dollar to extend its recovery until the second quarter of 2021. дальше »
2020-9-9 14:13 | |
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Eerie Bitcoin Fractal Suggests Ethereum’s Price Is About To Explode Higher
Ethereum just collapsed a full 37% over the last week, following a new 2020 high and a record over 300% rally from Black Thursday lows. But despite how sharp and violent the selloff has been, its possible that the price action is a bullish retest that after confirmation leads to more new highs ahead. According […] дальше »
2020-9-9 23:00 | |
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Boring Bitcoin Sends Tron’s TRX Up By 17% in Three Days; What’s Next
Tron’s native token TRX was among the top gainers on Tuesday as its price jumped by up to 11. 38 percent. The TRX/BTC exchange rate settled an intraday high at 345 sats before correcting lower ahead of the New York trading session. дальше »
2020-9-9 16:45 | |
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Declining ETH Gas Cost Still Higher Than BTC Fees: Supporters Insists ETH 2.0 to End High Fee Woe
Ethereum network gas fees that averaged $15. 13 on September 2 have been declining in the past four days ending the day at $3. 43, according to Token View charts. At that cost, ethereum fees are still ahead of those on the Bitcoin network that averaged $2. дальше »
2020-9-7 16:30 | |
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Bitcoin Maintains $10k Support as Weekly Close Approaches; Factors to Consider
Bitcoin has found itself caught within a consolidation phase ever since its price bottomed at $9,900 yesterday This level has proven to be major support on multiple occasions throughout the past few days and weeks, suggesting that it may ultimately prove to be a long-term bottom Analysts are now noting that the cryptocurrency may be well-positioned to see significantly further upside in the days and weeks ahead That being said, how it continues reaction to […] дальше »
2020-9-6 19:00 | |
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Even Bitcoin Fundamentals Are Hinting At a Significant Correction Ahead
Bitcoin just had its largest 48-hour pullback since May 2020, back when the asset’s halving took place. The drop in price has the cryptocurrency now trading below a key fundamental level. A deeper dive into other Bitcoin fundamentals may be hinting that a more severe correction that may have only just started. Here’s what the […] дальше »
2020-9-5 20:00 | |
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Bitcoin Falls 12% But a Reuters Poll Indicates Massive Rally Ahead
The last two days found Bitcoin (Symbol: BTCUSD) in its most bearish states in more than three months. The cryptocurrency experienced a significant sell-off on Wednesday that continued until the next day’s New York session. дальше »
2020-9-4 13:36 | |
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Bitcoin Could Surge Towards $20,000 by End of 2021: Market Cycle Analysis
Bitcoin is trading at $11,800 as of this article’s writing after a strong rejection at $12,000. The leading cryptocurrency is poised to move even higher in the months ahead according to a recent analysis. дальше »
2020-9-2 15:00 | |
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Bitcoin Price (BTCUSD) Sees Violent $750 Drop, Top Formation Appears
Yesterday, crypto bulls began celebrating as Bitcoin poked its head above resistance at $12,000 momentarily, before pulling back ahead of the first daily close of the new month. The failure to set a new high, coinciding with some bearish technical signals and underlying market factors, may have prompted the selloff. But how low will this […] дальше »
2020-9-2 14:49 | |
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Why Japan’s crypto traders chose Bitcoin over alts earlier this year
A new study from a Japanese crypto exchange showed the country’s crypto fanatics favored Bitcoin ahead of local favorites XRP and Monacoin, with trading volumes for the former significantly higher than the latter two and other altcoins. дальше »
2020-9-1 23:34 | |
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Binance Launches Bitcoin Ads in London Ahead of U.K. Launch
Cryptocurrency exchange giant Binance has launched a new Bitcoin-themed ad campaign aimed at commuters in London. On Aug 28 Binance’s British arm announced that new ads would be placed at seventeen bus stops throughout the city. дальше »
2020-9-1 14:10 | |
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Chainlink (LINK) Surges 10% Higher: What Do Analysts Think Is Next?
Chainlink (LINK) has surged 10% higher in the past 24 hours, regaining strength while Bitcoin and Ethereum consolidate in the middle of their ranges. The popular altcoin is poised to press higher in the days ahead according to a number of analysts, who argue that the fundamentals of Chainlink remain strong. This rally comes as […] дальше »
2020-8-30 01:00 | |
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Veteran Strategist Sees Bitcoin Back at $12K as Powell’s Speech Nears
A veteran market strategist expects Bitcoin to hit $12,000 even as the cryptocurrency looks uncertain ahead of the annual Jackson Hole meeting on Thursday. Mark Principato, the founder of New York-based Seeking Cryptos, said BTC/USD is setting up for “a new swing trade long off of today’s inside bar. дальше »
2020-8-28 11:37 | |
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Bitcoin’s Price is Hovering Above “Last Ditch” Support Following Recent Selloff
Bitcoin is currently teetering above its crucial support at $11,300 This level has been holding strong over the past day, but an influx of selling pressure has put it at risk of being broken below in the near-term This level also happens to coincide with the benchmark crypto’s 200-day ema, which is a crucial technical level that must be defended If this technical and horizontal support is lost in the days ahead, BTC could be […] дальше »
2020-8-27 02:00 | |
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Ethereum Potentially Trades Inside Livermore Accumulation Cylinder Pattern, New ATH Imminent
Ethereum has spent more than two years in being accumulated by smart money at low prices ahead of substantial markup. It has caused the asset to outperform most of the crypto market, including Bitcoin. дальше »
2020-8-27 23:00 | |
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Tether’s (USDT) daily transfer volume goes beyond $3.55 billion
Tether (USDT) has recently seen a major surge in its average daily transfer value. In fact, the growth has exceeded $3. 55 billion as of August 20th, which officially put it ahead of Bitcoin, but also PayPal itself. дальше »
2020-8-27 14:18 | |
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Bitcoin News Roundup for Aug. 25, 2020
With bitcoin still under $12K and Aave pulling ahead of MakerDAO, CoinDesk's Markets Daily is back for your latest crypto news roundup! дальше »
2020-8-26 19:00 | |
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Last Week’s Bitcoin, Crypto Market Roundup and What Lies in the Week Ahead
The pressure is building in the crypto market, with Bitcoin lingering below $12K as positive network metrics point towards further upside. Along with Bitcoin, large-cap altcoins including Ethereum and XRP have finished the week in much the same place they started. дальше »
2020-8-25 12:00 | |
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Bitcoin Price Corrections Are Shifting, Analysts Predict Epic Bull Run Ahead
Bitcoin has continuously failed to sustain the $12,000 price level with recent corrections falling below $11,500 in the last few days. The price is currently up 2. 97% and trading sideways in a tight range a little above the $11,700 support area. дальше »
2020-8-25 18:11 | |
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Altcoins Are Damaging BTC’s Development, Says Bitcoin Developer – And Here’s Why
The crypto space presents a united front to an outsider but inner factions exist. While some crypto enthusiasts and analysts think Bitcoin and altcoins complement each other, there are others who posit that Bitcoin would be further ahead if altcoins weren’t stealing attention and resources from its ecosystem. дальше »
2020-8-23 23:55 | |
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Rich Dad Poor Dad Author Doubles Down on Bitcoin Amid Fears of Bank “Crisis”
On a global scale, few actually own Bitcoin. According to Robert Kiyosaki, the author “Rich Dad Poor Dad,” though, everyone should own the cryptocurrency ahead of the coming “banking crisis. дальше »
2020-8-22 06:00 | |
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Nigeria’s Foreign Currency Crisis Boon for Bitcoin: Country Tops Wallet Downloads Ahead of the US
Nigeria’s weakening naira currency, as well as the shortage of U. S. dollars, are forcing businesses to switch to bitcoin as the means of settling payments for international transactions. Nigerian businesses need the American currency to buy new supplies, as well as to order essential equipment from abroad. дальше »
2020-8-22 00:00 | |
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Here’s Why Bitcoin May Soon See a Sharp “Downside Flush” Despite Stability
Bitcoin has found some strong stability within the lower-$12,000 region following yesterday’s upswing Analysts are widely confident that it is currently caught within the early stages of its next bull run, which may ultimately lead it up towards its all-time highs Despite getting closer to these highs each week, there may still be some turbulence ahead for the cryptocurrency One analyst is noting that high funding rates for BTC on margin trading platform spell trouble […] дальше »
2020-8-19 21:00 | |
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Strong Technical Indicators Help Bitcoin Shoot Through $12,000, What Lies Ahead?
The bitcoin price, on Aug 17, soared above $12,000 to new 2020 highs coinciding with similar gains posted by the US equities following a depressing Q2 pinned to the slowing effects of COVID-19. Bitcoin Prices Rally at The Back of Supportive Technical Indicators A Bloomberg report shows that at yesterday’s peak, the Bitcoin price rose to $12,473Read MoreRead More. дальше »
2020-8-18 17:00 | |
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Bitcoin and Cryptocurrency Market Roundup, and the Week Ahead
Leading cryptocurrency Bitcoin is cementing its position as a mainstream macro asset. As cryptocurrency was advertised on TV screens nationwide last week, and in the pages of the Financial Times, the bitcoin adoption rush has intensified. дальше »
2020-8-18 11:10 | |
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