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Cryptocurrency News Roundup for May 26, 2020
Bitcoin had a relatively uneventful Tuesday as the price maintained quasi-stability in the range between $8,750 and $9,000. It is possible that the BTC price has completed a W-X-Y correction and is following a descending resistance line while facing resistance from the 100-hour MA. дальше »
2020-5-27 11:07 | |
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BitMEX's downtime on 19 May solely a hardware issue or something more suspicious?
The rise and fall of Bitcoin have been associated with many factors and one of them involved the impact whales have had on the market. In the past few months, the BTC market saw three major dumps, cauThe post BitMEX's downtime on 19 May solely a hardware issue or something more suspicious? appeared first on AMBCrypto. дальше »
2020-5-23 00:30 | |
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Bitcoin rebounds after humongous sell scare that compromised $9K support, where next for BTC bulls?
The last few days have been critical for Bitcoin. With sentiments high, investors have been on the trembling edge. This has seen Bitcoin face trial in the form of a panic sell. From highs of $9,800 early in the week, Bitcoin went on freefall and as of yesterday had dipped under $9K. The bearish trend […] дальше »
2020-5-23 15:06 | |
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As Bitcoin Desperately Clings To $9k, These Bullish Fundamentals Can Launch BTC Price To $14,000
After rocketing more than 100% off its March lows, bitcoin tumbled on Wednesday by 7%. This move downward came after 50 bitcoin from the Satoshi-era was spent for the first time since August 2017. Some bitcoiners panic-sold on fears that Satoshi had started dumping his coins on crypto exchanges. Bitcoin fell from above $9,700 to […] дальше »
2020-5-22 21:43 | |
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45 Older-Generation Bitcoin Miners Are Unprofitable After the Reward Halving
On May 11, the Bitcoin network experienced its third block reward halving, which had chopped the 12.5 BTC reward to 6.25 coins following the event. It’s been close to a week later, and data stemming from mining rig profitability websites show that more than 45 older generation devices are not profitable right now at today’s […] The post 45 Older-Generation Bitcoin Miners Are Unprofitable After the Reward Halving appeared first on Bitcoin News. дальше »
2020-5-19 19:45 | |
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Bitcoin exchange balances shrink to yearly-low; Ethereum exhibits an opposing trend
Bitcoin halving hype has faded and the coin hasn't had any violent price swings since the event. Over the past few weeks leading up to the halving, BTC accumulation rose to record levels as hodlers inThe post Bitcoin exchange balances shrink to yearly-low; Ethereum exhibits an opposing trend appeared first on AMBCrypto. дальше »
2020-5-17 16:00 | |
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Bitcoin is ‘An Immense Pressure Cooker’ That can ‘Easily’ See $20,000 in 2020: Trader
The world’s leading cryptocurrency had its historic event, halving earlier this week and since then, BTC’s price has jumped over 10%. Halving also has many crypto enthusiasts betting on another bitcoin bull rally, akin to the previous two halvings. дальше »
2020-5-15 15:56 | |
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What Does XRP’s Breakdown Indicate for the Future Movement?
In the beginning of May, both the XRP/USD and XRP/BTC pairs broke down from important support levels, possibly indicating that the previous upward trend has ended. While the XRP/BTC price had been previously showing signs of weakness, the XRP/USD decrease was more unexpected, possibly occurring as a result of the decrease in the price of […] The post What Does XRP’s Breakdown Indicate for the Future Movement? appeared first on BeInCrypto. дальше »
2020-5-13 07:20 | |
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Here’s Why Hedge Fund Manager Paul Tudor Jones Is Now Bullish on Bitcoin
News broke recently that major head fund manager Paul Tudor Jones is now a big fan of Bitcoin as a hedge against inflation. It seems he recently had a change of heart. You may have read it already, but Paul Tudor Jones is now officially bullish on Bitcoin (BTC). дальше »
2020-5-10 08:35 | |
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Why Bitcoin Is Seeing Increased On-Chain Activity From Hodlers and Whales
The number of HODLers with large amounts of BTC is constantly increasing, as Bitcoin shows a bullish trend, according to a report by Glassnode. This increase in the number of BTC whales has been the largest since the 2017 crypto boom, when Bitcoin also known as “digital gold” had its largest adoption rate ever, according […] дальше »
2020-5-10 00:40 | |
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EOS Price Analysis - Bearish trend metrics
Technicals for both the EOS/USD and EOS/BTC pairs show bearish trend metrics. For the EOS/USD pair, a swift drop on March 12th ushered in the beginning of a definitive bearish trend. The EOS/BTC pair had already drifted bearish in the prior week and has now hit multi-year lows. дальше »
2020-5-10 03:30 | |
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Analysis of Bitcoin addresses shows that BTC is about to tap a massive resistance region
Bitcoin saw a notable overnight upswing that allowed it to rally past the heavy resistance that had previously been established around $9,200. The break above this level has led investors to become increasingly bullish as it grows ever more likely that BTC is about to start forming another leg up. дальше »
2020-5-7 19:00 | |
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Crypto Price Analysis May 6: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, LINK
On May 6, the Bitcoin price finally broke out from the resistance line it had been following over the past week. This could be a sign that the BTC price is ready to move towards new highs. In this article, we will take a look at the Bitcoin price movement, along with nine other cryptocurrencies, […] The post Crypto Price Analysis May 6: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, LINK appeared first on BeInCrypto. дальше »
2020-5-7 01:37 | |
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Bitcoin Yearly Moving Average Price Closes in on All-Time High
Bitcoin may have had a tumultuous year so far in terms of volatility, but longer-term trends are still very healthy. The yearly moving average price for BTC is closing in on its all-time high. This week has been one of the best so far this year for BTC prices. дальше »
2020-5-3 20:10 | |
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Crypto Price Analysis April 30: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, LINK
On April 29, the Bitcoin price created a massive bullish engulfing candlestick, moving above several resistance levels without experiencing any retracement at all. The candlestick had a body of $1,000, an increase of 14% from its opening price. дальше »
2020-5-1 00:15 | |
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After BTC’s Best Day In Months, Bitcoin is Blowing Up on Chinese Twitter
April 29th was undoubtedly one of Bitcoin’s biggest days in months. On this day, the cryptocurrency finally broke from its consolidation pattern under the $7,800 resistance in a strong fashion, reaching $9,000 at the trading session’s highs — more than 15% higher where it had started. дальше »
2020-5-1 15:00 | |
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Bitcoin Whales May Not Be Capitulating Any Time Soon. Here’s Why
A big Bitcoin whale recently moved about 68,000 BTC ($599,879,000), from a wallet that had been inactive since 2015, demonstrating how several major players have stopped moving their BTCs for years, but still, show unconditional backing for Bitcoin on the long run. дальше »
2020-4-30 00:37 | |
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Bitcoin’s Breakout: New Upward Move or Retracement?
On April 29, the Bitcoin (BTC) price broke out from a short-term ascending channel that had been in place for the past five days. The price reached a high of $7966 before decreasing slightly. Bitcoin’s Breakout After five unsuccessful attempts at moving above the resistance line, the Bitcoin price finally managed to move above it […] The post Bitcoin’s Breakout: New Upward Move or Retracement? appeared first on BeInCrypto. дальше »
2020-4-29 14:58 | |
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Bitcoin (BTC) Price Analysis (April 29)
Key Highlights • BTC/USD market still trades in a range-bound manner around a high point at $8,000. • The bears have not had strength against the low buying pressures in BTC/USD trade. • Traders need adhering to precautionary steps when placing an order in BTC/USD market. дальше »
2020-4-29 13:09 | |
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EOS.IO Daniel Larimer Explains Differences Between Bitcoin (BTC), Gold (XAU), and Silver (XAG) During Crisis
The cryptocurrency community continues to discuss the behavior of real-world assets during a market depression caused by COVID-19. Here's what Block.one?s CTO had to say. дальше »
2020-4-26 18:01 | |
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Bitcoin Sets Sights on $8,000 after Closing a Higher-High
On April 23, the Bitcoin (BTC) price continued the rally it had begun the previous day, creating another bullish engulfing candlestick in the process. The increase initially went all the way up to $7,738, but dipped back shortly afterward and reached a close at $7,482. дальше »
2020-4-24 13:10 | |
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Bitcoin Futures OI rises across exchanges; will price feel the change?
The Bitcoin Futures market was suffering owing to the volatility that had crept into the market following the fateful crash on 12 March. However, as buyers entered the market, the price of BTC began rThe post Bitcoin Futures OI rises across exchanges; will price feel the change? appeared first on AMBCrypto. дальше »
2020-4-24 19:30 | |
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What Does Bitcoin’s Bullish Weekly Close Indicate for the Future?
During the week of April 13-20, the Bitcoin (BTC) price reached a weekly close of $7120. This was the highest weekly close since the rapid decrease on March 12. Weekly Outlook In the weekly time-frame, the Bitcoin price has finally reached a close above the $6900 area — something it had been unsuccessfully trying to […] The post What Does Bitcoin’s Bullish Weekly Close Indicate for the Future? appeared first on BeInCrypto. дальше »
2020-4-20 11:58 | |
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Fidelity Digital Assets Clients Can Now Trade Bitcoin (BTC) on ErisX Crypto Exchange
In an official announcement dated April 9, 2020, ErisX cryptocurrency exchange announced it had inked an alliance with $8 trillion assets giant Fidelity Investments’ digital currency arm – Fidelity Digital Asset Services – to expand safe and regulated access to crypto-assets for institutional investors. дальше »
2020-4-11 02:30 | |
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Options see 5% chance Bitcoin will hit $20,000 in 2020: Will it happen?
In February, when Bitcoin had retaken $10,000, traders were convinced that the cryptocurrency was well on its way to revisit and surmount the $20,000 all-time high established in Dec. 2017. In fact, one prominent crypto trader suggested BTC would do so before July, citing a confluence of technical and fundamental factors. дальше »
2020-4-8 11:00 | |
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Bitcoin’s is Gold 2.0; Billionaire Chamath Palihapitiya Lays Out BTC’s Path Forward in Macro Backdrop
In the latest episode of The Pomp Podcast, host Anthony “Pomp” Pompliano had Chamath Palihapitiya, the CEO of Social Capital as a guest who talked about Bitcoin’s path in the current macro backdrop. дальше »
2020-4-4 20:20 | |
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Ethereum Founder Tells Bitcoin Dev: BTC Wasn’t Always ‘Digital Gold’
Ethereum founder, Vitalik Buterin, got into a Twitter spat with a Bitcoin developer when he told him the Bitcoin narrative had changed from ‘P2P cash’ to ‘digital gold’
дальше »2020-4-2 02:20 | |
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Ethereum Price Analysis: With BTC Dominance Firmly at 65%, What’s Next for ETH?
In brief: The Bitcoin dominance on Coinmarketcap is steady at around 65%. Ethereum’s dominance in the market currently stands at 8. 23%. In the past few days, ETH has had a hard time reclaiming the $140 support zone. дальше »
2020-4-1 15:22 | |
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Crypto Community Sentiment Still Bullish Despite BTC Trading 40% Lower Than Yearly High
Bitcoin proponents had a lot of expectations from 2020, given the impending Block Reward Halving and the expected bull run. The year started as per expectations as Bitcoin crossed the $10K mark in the first month itself. дальше »
2020-3-30 19:25 | |
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Bitcoin’s (BTC) Support at $6,000 Threatened by a Death Cross on the Daily Chart
In brief: Bitcoin (BTC) has had an eventful weekend as it dropped from $6,700 to $6,000. The King of Crypto has tested the $6,000 support zone a few times. This area of support is crucial as a death cross is forming on the daily chart. дальше »
2020-3-29 13:14 | |
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Sign of Strength: Bitcoin Sees Massive Spike in Buy-Side Orders Despite Selloff
Bitcoin’s sharp overnight selloff marked a firm end to the bout of consolidation that it had been experiencing over the past few days, with this movement sending BTC reeling down to its key support within the lower-$6,000 region. дальше »
2020-3-29 00:30 | |
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Outlining Bitcoin’s Bullish and Bearish Scenarios Since March Low
The Bitcoin price has been increasing since reaching a low of $3,850 on March 13. The increase has been gradual but very significant. At the time of writing, the BTC price had increased by 80% since the low. дальше »
2020-3-27 21:17 | |
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When Will Bitcoin Dominance Rate Move Above Pivotal Resistance Level?
On Feb. 15, the BTC dominance rate reached a low of 61. 78%. This came after a period of a sustained decrease that had begun in early January, leading many altcoins to post significant increases. дальше »
2020-3-24 05:15 | |
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Weibo Data Breach Has 538M Users Personal Information Up For Sale on Dark Web for BTC
According to PingWest, a Chinese technology publication, Sina Weibo, which most consider it the Chinese version of Twitter, had a data breach that caused 538 million records of its users to be exposed. дальше »
2020-3-20 19:31 | |
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Bitcoin Analysis for 2020-03-20 [Premium Analysis]
The Bitcoin price had been trading in a range of $4,400-$5,600 since March 13. On March 19, the price broke out from this range to reach a high of nearly $6,800. Bitcoin (BTC) Price Highlights The Bitcoin price has broken out above its previous trading range. дальше »
2020-3-20 12:30 | |
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Bitcoin Breaks Out Above $6,000 – What’s Next?
On March 19, the BTC price initiated an upward move and increased above $6,000. This was an important resistance level that the price had been struggling to break out from since March 13. Bitcoin (BTC) Price Highlights The Bitcoin price has made two failed breakout attempts since Feb. дальше »
2020-3-20 00:15 | |
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Outlining the Optimal Bitcoin Price Levels to Initiate Trades
On March 11, the BTC price underwent a rapid price decrease that took it below $6,900. This level has been very important since the price has not traded below it since May 2019 and had offered support for the majority of 2018. дальше »
2020-3-19 01:15 | |
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Long-Term Investors Have Been Accumulating Bitcoin, Unfazed By Market Sell-Off: Report
Long-term BTC investors have been stocking up on sats, despite the steep drop in crypto prices over the past week. Bitcoin endured a brutal sell-off that saw it lose at least 35% from the $8,000 level that had been holding strong. дальше »
2020-3-18 17:39 | |
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Crypto exchange white-label Modulus over $1M in BTC accepted since adding as payment option
Modulus, a US-based developer of high-performance trading and surveillance technology for global equities, derivatives, and digital asset exchanges, today announced that it has had great success in accepting blockchain payments in bitcoin (BTC) from clients for services rendered in the licensing and servicing of its proprietary white-label digital asset exchange. дальше »
2020-3-18 02:57 | |
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There’s a possibility Bitcoin bottomed at $3,800: here are 3 reasons why
Bitcoin has arguably had its worst week ever; after peaking at $9,200 last weekend, the cryptocurrency plunged as low as $3,800, marking a drop of 60 percent in under seven days’ time. Although the price of BTC has since recovered to $5,400, with the asset showing remarkable strength in the wake of a capitulation event, […] The post There’s a possibility Bitcoin bottomed at $3,800: here are 3 reasons why appeared first on CryptoSlate. дальше »
2020-3-16 13:14 | |
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Bitcoin’s Fear And Greed Index Suggests BTC Price Might Take A While To Recover
While the global stock market, major economic sectors, and world economies take a hit amid strong rumors of a looming economic recession, the crypto market especially Bitcoin has had struggles of its own. дальше »
2020-3-16 01:13 | |
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With $1.5 Billion Under Management Grayscale Bitcoin Trust Slides 30%
Prior to the market carnage on March 12, the Grayscale Bitcoin Trust (GBTC) had acquired over 300,000 BTC. Grayscale’s trust has been one of the longest-running FINRA approved investment vehicles with bitcoin assets under management. дальше »
2020-3-15 01:48 | |
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Quarantined Masses Shopping With Bitcoin (BTC) Amid COVID-19 Fears
Quarantine measures imposed by states the world over in the wake of the COVID-19 pandemic have led to a surge in screen time use and online shopping among the masses. Interestingly, this has also had a bearing on the use of cryptocurrencies for online shopping leading to “unprecedented growth” for several crypto payment processors. дальше »
2020-3-14 20:00 | |
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1 of BitMEX’s Most Profitable Traders Still Thinks Bitcoin Will Hit $30,000
If you’ve been on Crypto Twitter, you know of AngeloBTC, what some would call a “legendary” Bitcoin investor. Indeed, prior to his effective retirement, he had over 3,000 BTC worth of registered notional profit on BitMEX, making him one of the most profitable traders on the platform. Ever. While he has since bowed out of... дальше »
2020-3-14 02:27 | |
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