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Bitcoin Faces Harsh Rejection as Analysts Eye Potential Consolidation Phase
Bitcoin faced an incredibly harsh rejection earlier this morning that caused its price to plummet This came about directly following another test of the cryptocurrency’s all-time high, which was broken and tested on multiple occasions over the past day The resistance here is still significant and should not be overlooked Whether or not this level can be flipped into support anytime soon will offer serious insights into the entire market’s near-term outlook One trader is […] дальше »
2020-12-2 21:00 | |
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Here’s How the U.S. Dollar’s Macro Bearishness Could Send Bitcoin Flying
Bitcoin is currently consolidating following its sharp decline seen yesterday The cryptocurrency is lacking momentum as its bulls and bears both seem to reach an impasse, which has struck a blow to its technical outlook One of the main reasons why BTC saw such a harsh rejection at $13,800 was due to a sudden surge in the US Dollar’s value seen yesterday This sent shockwaves throughout the market and stopped BTC from breaking the resistance […] дальше »
2020-10-30 21:00 | |
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Bitcoin Evangelist Anthony Pompliano Labels DeFi An ICO Branded Scam
DeFi’s explosive growth has in no way lessened the criticism from the crypto-industry. In fact, the surge in usage and popularity has attracted harsh criticism from industry players, all of whom have mostly classified DeFi as a bubble. дальше »
2020-10-10 23:59 | |
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Here’s the Crucial Level Bitcoin Needs to Close Above to Kick Off Its Uptrend
Bitcoin’s price action has not been encouraging for bulls as of late Following a short-lived bout of trading above $11,000, the cryptocurrency ultimately faced a harsh rejection at $11,200 The decline from these highs has been intense, leading the cryptocurrency to slide down to lows of $10,400 that were revisited this morning BTC now appears to be caught within a trading range with a lower boundary at $10,400 and an upper boundary around $10,600 Traders […] дальше »
2020-9-24 02:00 | |
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The Sun Never Sets On Bitcoin Mining: Decentralization Continues As China Flounders
With some of its highest hash rates ever, the Bitcoin mining industry has weathered a harsh 2020 and increasingly moved away from China. The post The Sun Never Sets On Bitcoin Mining: Decentralization Continues As China Flounders appeared first on Bitcoin Magazine. дальше »
2020-9-23 20:27 | |
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Demand for Ethereum Boosts Market Structure; Will This Propel ETH Higher?
Although Bitcoin’s reaction to $11,000 sparked a slightly harsh rejection, Ethereum’s price has remained rather stable around its $380 resistance level This resistance has held strong on multiple occasions throughout the past few days and weeks, with rejections here catalyzing some of ETH’s largest declines The importance of this level cannot be understated, but whether or not it is broken may depend largely on Bitcoin’s continued reaction to $11,000 Analysts are noting that ETH does […] дальше »
2020-9-18 23:00 | |
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Here’s Why Bitcoin May Face a Harsh Correction Before It Can Rally Higher
Bitcoin is in the process of stabilizing following the swift rebound it incurred overnight This allowed the benchmark crypto to climb from lows of $11,150 to highs of $11,500, around which price it is now hovering around Analysts are noting, however, that there is a path forward for the cryptocurrency to see a much stronger correction than the one seen yesterday One trader is watching for a rejection at $11,700, as he notes that this […] дальше »
2020-8-29 02:00 | |
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Analyst: Bitcoin Likely to Tap $10,000 Unless Bulls Spark Strong Movement
Bitcoin has been oscillating between the lower and mid-$11,000 region throughout the past few days This rocky price action comes close on the heels of the harsh rejection at $12,000 that it posted this past weekend The cryptocurrency will likely continue struggling to garner any momentum as long as hovers below the upper-$11,000 region, which is where it faces some resistance Analysts do believe that some near-term downside could be imminent in the days and […] дальше »
2020-8-13 21:00 | |
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Analyst: Bitcoin Just Posted the “Most Important Breakout” in BTC History
Bitcoin has been seeing some incredibly bullish price action throughout the past several days and weeks The cryptocurrency is now consolidating at just below $12,000 as its buyers attempt to catalyze another leg higher Despite facing resistance at this level, the crypto has yet to see any type of harsh breakdown here One recent technical development is creating a new source of bullishness amongst traders The cryptocurrency just broke out of a multi-year bull pennant, […] дальше »
2020-8-7 02:00 | |
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Forget The Noise, 3 Reasons Bitcoin’s $70,000 Bull Run Next Year Will Be Unstoppable
In early June, bitcoin suffered a harsh rejection at the $10,500 level after a stellar rally. The digital asset’s inability to push past the psychologically important level dealt a big blow to the bullish case. дальше »
2020-7-11 15:11 | |
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Bitcoin Sees Major Weakness as “Nasty” Technical Pattern Emerges
Bitcoin faced a harsh rejection at $9,800 yesterday that has since caused it to form a strong short-term downtrend. This has led it back to the lower-region of its long-held trading range BTC does appear to be technically weak at the moment, as buyers are struggling to guard against the heavy selling pressure that was incurred at this level One “nasty” technical pattern could now be flashing If history repeats itself, this pattern could result […] дальше »
2020-6-25 21:00 | |
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Bitcoin is Fighting to Enter a Full-Blown Bull Market; Factors to Consider
Bitcoin bore witness to some intense volatility today that came about after the cryptocurrency’s price rocketed past $10,000 before facing yet another harsh rejection that led it back into the $9,000 region. дальше »
2020-6-11 04:00 | |
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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. дальше »
2020-6-8 13:00 | |
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Ethereum to Target $300 Once it Reaches This Massive Support Zone
Ethereum has been holding up quite well against Bitcoin despite seeing some slight weakness throughout the past week after facing a harsh rejection at its local highs of $255. The cryptocurrency now appears to be well-positioned to see further upside in the near-term, as analysts are noting that it has been able to form a... дальше »
2020-6-6 02:00 | |
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Analysts Foresee a Harsh End to Bitcoin’s Uptrend if It Losses $9,350
Analysts believe that the uptrend Bitcoin saw yesterday may soon come to a harsh end following the cryptocurrency’s swift rejection within the upper-$9,000 region This marked yet another rejection at this heavy resistance level, and also points to some underlying weakness amongst the crypto’s buyers A low-time-frame ascending trendline was also broken by this movement, leading analysts to note that the recent rally will soon come to a swift end as BTC hovers above its […] дальше »
2020-5-29 21:00 | |
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Post-Halving Reality: Bitcoin Cash Network ‘Not Looking Healthy’ As On-Chain Metrics Continue Slumping
Since the block rewards for Bitcoin Cash (BCH) miners were cut in half more than a month ago, the network has awakened to a harsh new reality. A good number of miners on the network pulled the plug on their mining rigs due to the reduced revenue. дальше »
2020-5-26 16:45 | |
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Dutch Bitcoin Exchange to Shut Down Citing Harsh DNB Registration Demands
One bitcoin (BTC) exchange in the Netherlands is set to close business following demand for registration and ridiculous fees put in place by the Dutch central bank. Dutch Bitcoin exchange BitKassa has confirmed it will be shutting down its operations in the country this month. дальше »
2020-5-7 13:03 | |
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Bitcoin Could Push to Fresh Yearly Highs if Buyers Defend One Key Level
Following an extended period of consolidation within the upper-$8,000 region, Bitcoin has finally garnered enough momentum to surmount its resistance at $9,200 This movement has opened the gates for significantly further upside, as it took out a major liquidity region and has yet to face any type of harsh rejection One analyst is explaining that a continued defense of $9,200 is all that BTC now needs to make a bid at the $10,000 region Bitcoin’s […] дальше »
2020-5-7 21:00 | |
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Bitcoin Halving History: Harsh Rate as a Clue to What Will Happen
Bitcoin halvings are nothing new, but plenty has changed since 2016. Can the previous network dynamics provide a clue for 2020?
дальше »2020-5-3 16:30 | |
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XRP Just Faced a Harsh Rejection at a Key Trendline; Trouble Ahead?
The aggregated crypto market has incurred some intense upwards momentum today, allowing major altcoins like XRP to post notable gains This latest upswing comes shortly after the cryptocurrency incurred a rally independent of the market yesterday It is important to note that XRP has faced a notable rejection against its Bitcoin trading pair, forcing it to remain beneath a key trendline Although XRP has been fully exposed to the downside seen by the aggregated crypto […] дальше »
2020-4-30 23:00 | |
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Ethereum Forms Grim “Triple Top” Formation as 92% of Traders Go Long
Ethereum has pushed higher despite Bitcoin’s stability, leading bulls to retest its key near-term resistance The cryptocurrency is on the cusp of forming a highly bearish technical formation that could be confirmed if it posts another harsh rejection at its current price level This comes as 92% of traders on Bitfinex go long on ETH, signaling that a long squeeze may be imminent Although Bitcoin has continued extending its bout of rangebound trading within the […] дальше »
2020-4-29 23:00 | |
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The 1.5 Million Wallets That Acquired Bitcoin at $8,000 Could Pose a Problem for Bulls
Bitcoin’s rebound from its mid-March lows has led the cryptocurrency to climb up towards $8,000 – a price point that is proving to be a major resistance level for BTC. This resistance has led the crypto to face multiple harsh rejections here, although buyers have remained largely unphased due to the strength of this recent... дальше »
2020-4-28 02:00 | |
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Bitcoin Could Soon Break its 200-Day MA, Triggering Next Uptrend
Bitcoin has been able to once again push into the upper-$7,000 region after facing multiple rejections here throughout the past few days The cryptocurrency is pushing up against its 200-day moving average – a key trend-determining level A break above this 200-day MA could spark a major upside movement, with some analysts thinking this is imminent After facing multiple harsh rejections within the upper-$7,000 region throughout the past couple of days, Bitcoin has been able […] дальше »
2020-4-28 21:00 | |
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Bitcoin Cash Price (BCH) Tumbles 35% In A Harsh Crypto Market Crash
Today, the crypto market crashed, with a strong decline in bitcoin cash below $250. 00 and $200. 00. BCH to USD is down more than 35% and it is now trading well below the $200. 00 support. Key Takeaways: BCH/USD Bitcoin cash price is down more than $100. дальше »
2020-3-13 16:41 | |
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Bitcoin Plunges Below $10,000 After Harsh Rejection: Is this It for Bulls?
Over the past few minutes, Bitcoin has plunged lower, just now losing the key $10,000 price level, falling through it as if was not much more than a piece of soggy letter paper. At the plunge’s worst, the cryptocurrency traded as low as $9,850 (on some exchanges), falling nearly 5% from the local top at... дальше »
2020-2-20 00:47 | |
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Harsh Laws Make Bitcoin Holders Consider Renunciation or Dual Citizenship
As digital currencies become a mainstay in society, a great number of governments have enforced strict tax guidelines, severe money transmission rules, and tough regulations. Because of a few nation-states’ harsh rules against cryptos, there are individuals who plan to renounce their citizenship in order to become stateless. дальше »
2019-12-28 20:08 | |
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Don’t Withdraw Bitcoin From Binance to Privacy Wallets, User Warns
Binance Singapore has purportedly abruptly suspended a Bitcoin withdrawal from a trader using a wallet with a coin-mixing service, a harsh reminder that large exchanges aren’t the best place to hold coins if one values anonymity and accessibility. дальше »
2019-12-20 21:00 | |
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HEX Dives 60% on Bitcoin.com as Backlash Builds Over Exchange Listing
HEX wrath continues as Bitcoin.com faces harsh criticism from the crypto community over token listing
дальше »2019-12-17 12:17 | |
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Ethereum Validator Nodes More Attainable as ETH Price Collapses
Bloody Monday has been a harsh start to the week for many crypto assets, including Ethereum. Bitcoin’s return to four figures has caused a digital avalanche for altcoins as markets bleed out over $35 billion in 24 hours. дальше »
2019-7-15 17:00 | |
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Billionaire Chamath Palihapitiya says Bitcoin Is The ‘best hedge against the traditional financial system’
The entire world is currently facing economic uncertainties following the ongoing trade wars, the most prominent one being between the United States and China. Investors are therefore seeking alternative assets to gold and the US bonds and bitcoin is gaining traction due to its capacity to maintain a fierce rally amid the harsh economic times. дальше »
2019-7-10 12:01 | |
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Tone Vays Calls Out India’s Unlawful Consideration For Harsh Bitcoin Regulations
Tone Vays Calls Out India’s Consideration For Harsh Bitcoin Laws Despite Tone Vays using legitimate news sources to back up his claims, several social media users are still calling “fake news” on his latest Tweet: “India Considering 10 Years in Prison for doing anything related to #Bitcoin – And NOW it Begins… If a western […] дальше »
2019-6-7 22:47 | |
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Bitcoin [BTC]: Debate on BTC community’s culture splits crypto-proponents on Twitter
The cryptocurrency space is often split between users debating the pros and cons of their own crypto-assets. Bitcoin, the most dominant cryptocurrency, has evidently been one of the most active communities. дальше »
2019-5-28 21:00 | |
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Harsh Crypto Regulations Force Another Indian Exchange out of Business
Indian crypto market faces another strong blow as Coinome exchange announced that it will be shutting down business from May 15, Quartz reported May 10, 2019. Third Major Crypto Business to Fall to Unfavorable Regulations The recent bill introduced by the Indian government that proposes a blanket ban on cryptocurrencies has had a far-reaching effectRead MoreRead More. дальше »
2019-5-11 01:00 | |
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India Considering Harsh Restrictions On Cryptocurrency
India has never been known as a crypto-friendly country, but now things might be about to get way worse for Indian cryptocurrency enthusiasts. The Indian government is thinking about implementing a new ban on Bitcoin and other digital assets. дальше »
2019-4-27 09:12 | |
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Blockchain Research Institute Chairman Says Chinese Renminbi Will Become Crypto in 20 Years
China has been notoriously harsh on the development of cryptocurrency, imposing a ban on investing and trading into digital assets, including Bitcoin. However, the executive chairman for the Blockchain Research Institute believes that in 20. дальше »
2019-4-22 02:17 | |
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Binance BNB Could Be the First Coin To Break Its All-Time High (ATH) Since Crypto Winter
The crypto winter has been harsh on the majority of players within the industry after Bitcoin and the rest… The post Binance BNB Could Be the First Coin To Break Its All-Time High (ATH) Since Crypto Winter appeared first on Invest In Blockchain. дальше »
2019-4-15 14:15 | |
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Chinese Bitcoin Miners Lose Again after Flocking to Iran for Cheap Electricity
Many Chinese bitcoin miners migrated to Iran in 2018 for its cheap electricity amid China’s crackdown on crypto mining. However, they’re finding the harsh environment in the authoritarian regime unwelcoming. дальше »
2019-4-11 14:55 | |
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Litecoin is a ‘Glorified Bitcoin Testnet,’ Says Investor Mike Novogratz
Litecoin creator Charlie Lee has hit back at claims by Galaxy Digital CEO Mike Novogratz that his cryptocurrency is a “glorified testnet for Bitcoin. ” Novogratz: Sell Litecoin, Buy Bitcoin In an ongoing social media debate, Lee, who famously sold practically all his LTC holdings last year, defended its status amid harsh criticism. дальше »
2019-4-5 17:00 | |
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Indian Authorities May Not Unban Bitcoin or Regulate Cryptos Until After the Elections
India has shown a harsh and draconian stance towards bitcoin and other digital assets in recent times by mandating financial institutions in the state to desist from servicing crypto-linked businesses earlier in 2018, instead of formulating rules to govern its cryptospace. дальше »
2019-3-31 19:10 | |
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Iran’s Tourism Sector Recognizes Cryptos as Legal Tender
In a bid to survive the harsh sanctions imposed on it by the government of the United States, blockchain-based digital assets such as bitcoin (BTC) have now become legal tender in the Iranian tourism sector, and the nation’s authorities are also working hard to launch a state-backed cryptocurrency, reports AL-Monitor on March 21, 2019. дальше »
2019-3-24 22:00 | |
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MakerDAO Contemplates 2 Percent Fee Increase
In a bid to stay afloat amid low market prices, MakerDAO has announced On March 4, 2019, that their users will vote on a possible 2 percent fee Increase. Harsh Measures In January 2019, MakerDAO reported that its Dai token had been a great success with over 8,200 crypto addresses holding the token around theRead MoreRead More. дальше »
2019-3-7 16:00 | |
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BTC Developer Leader Wlad van der Laan Doesn’t Anticipate Bitcoin’s 21 Million Coin Issuance to Sway
A lead maintainer of Bitcoin’s most used software called Wladimir van der Laan has recently made some harsh affirmation about the future of the most famous and powerful cryptocurrency in the world. According to him, people should not expect Bitcoin’s total supply to ever change. дальше »
2019-2-22 06:15 | |
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5 Harsh Truths No Crypto Investor Wants to Hear – But Ignores at Their Peril!
There’s no shortage of optimism in the cryptocurrency and blockchain world – so much so that cold, harsh truth starts to become a rare commodity. With that in mind, let’s take a sobering look at five truths cryptocurrency investors don’t want to hear, no matter how much they should. дальше »
2019-2-18 23:00 | |
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Iran Launching a State-Backed Cryptocurrency to Avoid U.S. Sanctions
Iran could unveil its state-backed cryptocurrency by the end of the week, as the country keeps looking for ways to avoid the harsh sanctions imposed by the U. S. , Al Jazeera reported on January 27, 2019. дальше »
2019-1-29 16:00 | |
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Mongolia Will See At Least 1000 New Bitcoin Miners In 2019
Participants in Mongolia’s Bitcoin mining industry plan to significantly expand the scope of their operations, local media report January 11. Japan’s Ginco Doubles Down On Mongolia The East Asian country, known for its cheap electricity and being home to the world’s northernmost desert, will see one of its miners almost treble in size this year alone, despite the ongoing Bitcoin bear market. дальше »
2019-1-12 05:00 | |
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Verge (XVG) is dead and Electroneum (ETN) is on the verge (wink wink) of death
Bag holders are in a strong denial but the harsh truth of crypto market is that 99% of the altcoins are going to cease to exist in the near-term future. Some of the preposterously incompetent and senseless projects even reached billion market caps but all of that is now history. дальше »
2019-1-2 17:48 | |
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Bitcoin Could Soon Become Legal in India
Owning and using Bitcoin could soon become allowed in India, as the second interdisciplinary committee appointed to vote on the legality of cryptocurrencies is in favor of legalizing it, the New Indian Express reported on December 26, 2018. дальше »
2018-12-27 12:00 | |
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