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Ethereum Forms 90% Correlation to Bitcoin; Here’s Why This Is Bearish
Ethereum and Bitcoin have formed a striking 90% correlation to one another throughout the past couple of years This correlation has grown in recent times, despite many altcoins being able to break it It does appear that, in the short-term, this could prove to be dire for ETH, as the benchmark cryptocurrency may soon see a notable decline Ethereum has been generally tracking Bitcoin’s price action in recent times, with altcoins in general struggling to […] дальше »
2020-5-29 23:00 | |
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Bitcoin’s Break Below a Key Level has Opened the Gates for a Move to $5,900
Following an extended bout of sideways trading within the $9,000 region, Bitcoin has now firmly broke below this range as it trades around $8,800 Although the crypto has ardently defended its near-term support, its technical outlook does appear to be rapidly degrading Some analysts are even noting that its latest breakdown has opened the gates for it to see a movement that leads it as low as $5,900 in the weeks and months ahead Bitcoin […] дальше »
2020-5-26 02:00 | |
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Tensions are Rising Again Between the US and China; Will This Boost Bitcoin?
The US and China are once again seeing heightened tensions amidst a new push by the Chinese government to grab power within Hong Kong The Chinese President is now noting that he feels “threatened” by comments made by the US President, and it does appear that these tensions could soon escalate further This comes as investors are largely fleeing assets that could be impacted by further economic turmoil Bitcoin could be the big winner of […] дальше »
2020-5-23 21:00 | |
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Chainlink Looks Ready to Retest All-Time Highs
With another Bitcoin halving written in the history books, investors have grown overwhelmingly optimistic about what the future of crypto has to offer. And, different altcoins, including Chainlink, appear to... The post Chainlink Looks Ready to Retest All-Time Highs appeared first on Crypto Briefing. дальше »
2020-5-21 17:52 | |
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Analysts Flip Long on Bitcoin as Large Buy Orders Begin Emerging
Bitcoin has been consolidating in the time following its latest rejection at $10,000. This comes as the crypto’s mid-term market structure shows immense signs of strength, although in the short-term it does appear to be in a precarious position. дальше »
2020-5-17 02:00 | |
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BitMEX and Bitfinex Suffer Sharp Declines in Bitcoin Holdings
The continued outflow of Bitcoin (BTC) from both BitMEX and Bitfinex has seen their holdings decline by a total of about 200,000 BTC since mid-March. While the Bitcoin balance on some major crypto exchanges is falling, platforms appear to be stockpiling Tether (USDT). дальше »
2020-5-13 05:20 | |
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Bitcoin (BTC) Price Analysis (May 12)
Key Highlights • BTC/USD market still trades in a rallying moving mode from a significant fall.• The bulls appear not recovering quickly from the last drop.• An $8,000 mark will serve as a tough area that the bears may not easily break down in the present trading situation of the crypto-economy. Bitcoin (BTC) Price Analysis […] дальше »
2020-5-12 09:50 | |
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Bitcoin Faces Massive Resistance: 1.2 Million Addresses Bought BTC at $9,600
As Bitcoin’s halving approaches, market participants appear to have mixed feelings about where the flagship cryptocurrency is headed next. Some of the most prominent analysts in the industry believe that BTC is poised to correct. дальше »
2020-5-7 18:24 | |
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Bitcoin Unfazed by Record Profit-Taking as BTC Price Resets for $9K
Bitcoin price corrected 11.36% after setting a multi-month high at $9,400 but bullish investors appear intent on recapturing $9,000.
дальше »2020-5-1 08:49 | |
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Bitcoin (BTC) Price Analysis (April 28)
Key Highlights BTC/USD market’s trading cycle is still in a range-bound formation. The Bulls appear getting weak in pushing northward further in BTC/USD trade. A downward pressure against a low point at $7,200 mark will suggest seeing more lows in BTC/USD market. дальше »
2020-4-28 13:11 | |
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These privacy coins are on the move and could soon lead the crypto market
Zcash and Dash appear to be leading the cryptocurrency market. Despite the recent bullish impulse they went through, a steep correction may be underway. High correlation and its predictive powers Over the past month, Bitcoin, Zcash, and Dash have experienced a high correlation regime. дальше »
2020-4-24 04:37 | |
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Bitcoin Bulls Absorb Heavy Selling Pressure; But Move to $5,000 Still in the Cards
Bitcoin’s recent decline below the support that had been established in the lower-$7,000 region has been driven by heavy selling pressure, and it does appear that bears are vying to break the short-term support level that has been established at $6,800. дальше »
2020-4-22 00:00 | |
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Ethereum Futures appear promising but long-term narrative remains uncertain
The derivatives market of Bitcoin has picked up momentum in April after the two weeks of March exhibited a collapse of Open-Interest and Volume. Institutional exchanges such as CME have exhibited a reThe post Ethereum Futures appear promising but long-term narrative remains uncertain appeared first on AMBCrypto. дальше »
2020-4-17 18:30 | |
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Bitcoin, Stocks Turn Bullish as Countries Plan Lifting Restrictions
Bitcoin has continued to rise today to near $7,500 with eth rising about $170 as cryptos appear to think the worst is over. Stocks likewise have seen green with Dow... The post Bitcoin, Stocks Turn Bullish as Countries Plan Lifting Restrictions appeared first on Trustnodes. дальше »
2020-4-8 16:22 | |
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With Covid-19 Support, Can Wells Fargo Also Allow Bitcoin Purchase?
On Friday Wells Fargo announced that in response to the COVID-19 outbreak it would be suspending evictions, residential foreclosure property sales, and automobile repossessions. These moves may appear altruistic, yet taking steps to allow customers to purchase bitcoin would be an equally beneficial service. дальше »
2020-3-22 21:10 | |
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Countries Risk Bankruptcy as Government Debt Set to Skyrocket
Unprecedented economic measures by governments across the world appear to have had little result as a brief respite for bitcoin gave way to another fall while oil has fallen to... The post Countries Risk Bankruptcy as Government Debt Set to Skyrocket appeared first on Trustnodes. дальше »
2020-3-21 00:31 | |
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Third Time’s a Charm: Has Bitcoin Bottomed At Miner Breakeven Again?
Few factors influence Bitcoin price beyond simple speculation and supply and demand dynamics. However, the energy costs associated with mining each Bitcoin appear to have a strong impact on where and when the asset bottoms. дальше »
2020-3-10 20:00 | |
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This Pattern Could Send Bitcoin To $8,200 Where Bears Are Waiting
Bitcoin is currently correcting higher from the $7,638 monthly low against the US Dollar. BTC price could correct higher towards the $8,200 resistance area, where the bears are likely to appear. Bitcoin is showing a few recovery signs above the $7,800 level against the US Dollar. дальше »
2020-3-10 08:08 | |
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Oil Prices Plummet as Supply Increases, Proving Bitcoin’s Brilliance
The price of oil has collapsed this year, down more than 30%. Brent crude closed Friday at a multi-year low of $45. 27, a 9% reduction, and West Texas Intermediate fell more than 10%. [CNBC] The declines appear to be based on a painful set of circumstances that have dealt a one-two punch to the industry. дальше »
2020-3-9 00:17 | |
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Australian Plaintiff can pay Court Fees With a Crypto Exchange Account
The legal status of cryptocurrencies can differ based on one’s region. In Australia, it would appear that Bitcoin is a legal investment vehicle. Those are the findings of Judge Judith Gibson of New South Wales. дальше »
2020-3-1 06:00 | |
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Bullish For Bitcoin: COVID-19-Driven Rate Cuts Are Coming
Global markets have been in a proverbial bloodbath over the past couple of days. Gold, which had defied the downtrend for a few days, has also joined in the sell-off. The markets appear to be responding to the potential of the coronavirus to upend the global economy. дальше »
2020-2-29 11:02 | |
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Bitcoin Data Skewed by ‘Short-Term Schiff’ (Again)
Gold bull Peter Schiff is at it again. The Euro Pacific Capital CEO has made his latest attempt to turn the tables on Bitcoin, gold’s chief store-of-value rival asset. But Schiff has a habit of skewing the data in gold’s favor, this time taking a short-term view that might make the precious metal appear shinier […] The post Bitcoin Data Skewed by ‘Short-Term Schiff’ (Again) appeared first on BeInCrypto. дальше »
2020-2-27 19:18 | |
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Bitcoin Could Be the Only Solution for the Coming Global Recession
While the stock market continues posting all-time highs, economists are suggesting that the global economy is nearing a recession. A host of indicators point to global financial failure, and governments appear powerless to stop it. дальше »
2020-2-24 03:18 | |
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Ethereum Bulls Back in Action, Can ETH Reach $300 This Time?
Signs during trading in today’s Asian session indicate that the correction could be over already. Ethereum is leading the charge once again, can it reach $300 this time around? Crypto markets appear to be recovering today though bitcoin has hardly moved on the day, remaining at around $9,800. дальше »
2020-2-18 10:00 | |
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Ex-Coinbase CTO Argues Bitcoin Will Likely Hit $100,000 Using Coronavirus Spread Pattern
The comparison might appear a bit out-of-place at a casual glance, but an ex-Coinbase CTO believes there are similarities between the underlying pattern of the latest Bitcoin price surge and that of the menacing coronavirus outbreak. дальше »
2020-2-14 16:10 | |
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Bitcoin dips $400 overnight before retaking $10,500: Is this what a bull market looks like?
Bitcoin’s price action has left many wondering whether this is what a bull market looks like as the bulls and bears appear to be at war trying to gain control of the trend. Bitcoin is going wild The flagship cryptocurrency is going through a period of high volatility today. дальше »
2020-2-13 18:51 | |
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Prepare for Fireworks if Bitcoin Closes Above this Critical Level
Bitcoin’s firm 2020 uptrend has shown no signs of ending anytime soon, and bulls now appear to be pushing the cryptocurrency above the upper boundary of a long-established trading range that was previously suppressing BTC’s price action. дальше »
2020-2-7 02:00 | |
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Twitter’s Bitcoin emoji sends BTC social media engagement through the roof as Jack Dorsey urges Unicode to make it official
Yesterday, in a move out of left field, Twitter added an emoji for Bitcoin. To use the emoji, all you need to do it enter the hashtag of “Bitcoin,” and the emoji will magically appear on your screen. дальше »
2020-2-3 12:00 | |
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Bitcoin community goes bonkers as Twitter adds BTC emoji
Bitcoin HODLers, uh, rejoice! Today, Twitter bequeathed on us a gift: the Bitcoin hashtag now has its own emoji. To use the emoji, all you need to do it enter the hashtag of “Bitcoin,” and the emoji will magically appear on your screen. дальше »
2020-2-2 07:13 | |
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‘Bitcoin Halving’ Spikes on Google Trends, Here’s What it Means For Crypto
Google users appear to be becoming increasingly interested in the Bitcoin halving happening this year. With its issuance set to drop, the leading crypto asset by market capitalisation is due to become even more scarce in just a few months time. дальше »
2020-1-28 23:30 | |
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Elon Musk’s Rise to Power Proves World Is Ready for Cryptocurrency
Bitcoin supporter Elon Musk saw his net worth surge from $1. 7 billion up to $32 billion last week as shares of Tesla exploded. The company’s share price is up more than 30% this month alone. This investment in innovation proves more people are ready for cryptocurrency than it may initially appear. дальше »
2020-1-27 12:34 | |
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Bitcoin Cash Miners Preparing Controversial “Miner Tax” to Reward Devs
Miners on the Bitcoin Cash network appear to be preparing a plan to finance the protocol’s development using their own block rewards. The controversial plan would see 12. 5 percent of the total BCH coinbase go towards those building on the network. дальше »
2020-1-23 01:00 | |
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Square Crypto Is Paving the Way for Bitcoin to Muscle Cash Out of the Way
While billionaires Jack Dorsey and Ray Dalio might be on opposite sides of the bitcoin spectrum, they appear to agree on one thing – cash is no longer king. The post Square Crypto Is Paving the Way for Bitcoin to Muscle Cash Out of the Way appeared first on CCN.com дальше »
2020-1-22 05:00 | |
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Bitcoin Taproot privacy update on track for 2020
Taproot is designed to increase Bitcoin's fungibility, improve the functionality of smart contracts, and improve privacy by making all transactions appear the same to external blockchain observers. дальше »
2020-1-21 14:05 | |
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This key resistance level could spark a massive Bitcoin selloff
Bitcoin’s bulls have now propelled the cryptocurrency to the upper boundary of a strong multi-month channel, and they appear to be showing some signs of faltering as BTC struggles to break past this level. дальше »
2020-1-15 00:30 | |
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Bitcoin blasts through key resistance as analysts eye potentially major upside
Bitcoin is currently in the process of breaking out of its recent consolidation phase, as BTC’s bulls are pushing the crypto up towards its key resistance levels around the $8,300 region. Although it does appear that the cryptocurrency is currently struggling to break above its recent highs of $8,500, its current momentum does appear to […] The post Bitcoin blasts through key resistance as analysts eye potentially major upside appeared first on CryptoSlate. дальше »
2020-1-14 08:30 | |
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What is pro-BTC and is it good for Bitcoin and crypto adoption?
The Bitcoin community — like many other online communities—is more often than not infatuated with memes and witty terms. “HODL,” “6.15 BTC,” and “The Halving Is Priced In” are likely some you’ve heard of — they appear on cryptocurrency-related social feeds time and time again, often in digital content as a punchline or to push […] The post What is pro-BTC and is it good for Bitcoin and crypto adoption? appeared first on CryptoSlate. дальше »
2020-1-10 10:50 | |
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Here’s Why Bitcoin’s Break Above $8,000 Might Not Be as Bullish as Many Believe
Bitcoin (BTC) was able to incur a massive rally today that led the cryptocurrency to surge past its previous resistance at $8,000. In spite of the overt bullishness of its recent price action, it does appear to be struggling to gain a solid footing above this level. дальше »
2020-1-8 04:00 | |
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4 Signs the Cryptocurrency Altcoin Market May Have Finally Bottomed
As Bitcoin pushes to $8K, many altcoins appear on the verge of breaking above their 2-year downtrends
дальше »2020-1-7 21:38 | |
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Bitcoin Naysayer’s Doomsday Prediction Perfectly Called the Bottom (Again)
It is never easy to predict the movement of Bitcoin. Peter Schiff, who has seemingly set up a crusade against Bitcoin, has been making doomsday predictions which not only fail to come to fruition but appear to be a reliable counter indicator. дальше »
2020-1-7 14:04 | |
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Why Nick Szabo Probably Isn’t Satoshi
Search online for ‘possible creators of Bitcoin’ and Bit Gold creator Nick Szabo will always appear near the top of the list. His long history in the cypherpunk space, his writings on money, digital cash, and smart contracts, and some facts about his past have often been used to create a compelling picture that he […] The post Why Nick Szabo Probably Isn’t Satoshi appeared first on Bitcoin News. дальше »
2020-1-2 16:50 | |
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Price Analysis Dec 23: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XTZ, TRX
Bitcoin crossed above a key resistance and several altcoins appear on the verge of a short-term breakout, suggesting the Santa Claus rally is about to start
дальше »2019-12-24 22:05 | |
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US SEC Re-Opens Infamous Bitcoin Scammer Case
According to recent documents, the United States Securities and Exchange Commission (SEC) believes that the case against the serial Ponzi scammer, Renwick Haddow, has yet to be properly solved. The United States SEC does not appear to be satisfied with the New York Southern District Court judge’s decision regarding the case against Renwick Haddow. дальше »
2019-12-9 13:45 | |
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Bitcoin: Analysts Target $10,000 Region in Near-Term as Bears Build Strength
Bitcoin has been incurring increased levels of volatility as of late, which may be partially due to the newly formed inverse correlation between BTC and altcoins. As of late, most major altcoins have been facing strong selling pressure due to Bitcoin’s recent rally, but they appear to get some relief each time it drops. дальше »
2019-8-12 22:30 | |
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Borked Bitcoin Cash Airdrop Could Have Costed a UK Exchange Millions of Dollars
It is not entirely uncommon for cryptocurrency exchanges to do something wrong, either willingly or by accident. In the case of London-based trading platform Cryptophyl, a recent airdrop kerfuffle could have caused the company several billion dollars. дальше »
2019-8-10 04:00 | |
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This is the Beginning of the End: Trump Yet Again Building a Bullish Ramp for Bitcoin
Trump pressuring the fed for the rate cuts before Wednesday meeting Cracks have begun to appear in the growing US economy Early signs of warning are showing, After Deutsche bank, Citibank to cut jobs This is rocket fuel for Bitcoin This week the Federal Reserve will most likely cut interest rates for the first time […] дальше »
2019-7-30 20:04 | |
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