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Bitcoin Posts Massive 10% Drop as Altcoins Consolidate; What Analysts are Saying

Bitcoin has seen some immensely bearish price action throughout the past few days, with sellers gaining full control of its price action This has caused buyers to lose their grip over the market, being unable to spark any continued reversals It does appear that the selling pressure seen throughout the past few days may continue hampering its growth, as BTC is now at risk of breaking below a few key levels One analyst spoke about […] дальше »

2021-1-22 23:00


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Ethereum Could Be in a Precarious Position as Buyers Fail to Break Key Level

Ethereum has been underperforming Bitcoin throughout the past couple of days, drifting lower while the benchmark crypto nears its 2020 highs Higher risk assets like ETH may be seeing tempered price action because investors fear the sustainability of BTC’s latest push higher If it can stabilize and see a continued bout of sideways trading, then assets like Ethereum may be able to push significantly higher One trader is noting that until $460 is flipped back […] дальше »

2020-11-16 23:00


This Indicator Shows Ethereum is Structurally Similar to Where BTC Was in 2016

Bitcoin and the aggregated cryptocurrency market have been leading altcoins higher, with Ethereum showing some immense signs of strength as it once again breaks $470 The broader crypto market is getting stronger, as altcoins are now rallying in tandem with BTC or closely following it If this trend persists, then investor sentiment and risk appetite may continue growing, leading more investors to rotate capital into higher beta assets This possibility is already coming to fruition, […] дальше »

2020-11-14 23:00


Genesis Reports Largest Ever Quarter, Q3 Driven by ETH, Stablecoins, & DeFi

Digital currency prime broker Genesis reported a record quarter third of 2020 with $4.5 billion in spot volume — up 285% from the same quarter in 2019, $1 billion in bilateral derivatives volume — which was driven by the BTC spot becoming more tightly coupled to risk assets in the broader macro and the embedded […] The post Genesis Reports Largest Ever Quarter, Q3 Driven by ETH, Stablecoins, & DeFi first appeared on BitcoinExchangeGuide. дальше »

2020-11-1 16:25


Ethereum at Risk of Major Downside After Failing to Complete Key Pattern

It has been a rough past few days for Ethereum, with Bitcoin’s recent $13,800 rejection sending it plunging below $400 It has not been able to gain any strong momentum in the time since, and analysts do believe that this could indicate that further weakness is imminent ETH’s lackluster price action and severe underperformance has been one of the main reasons why other altcoins have been heavily underperforming BTC One analyst is now noting that […] дальше »

2020-10-31 23:00


Майк Новограц: Биткойн не такой уж рискованный актив

Гендиректор Galaxy Digital Майк Новограц считает, что биткойн уже фактически стал частью современного финансового рынка. Риски, связанные с инвестициями в эту криптовалюту, значительно ослабли. Свою точку зрения бизнесмен и сторонник BTC высказал в Твиттере, подчеркнув, что крупнейшая цифровая валюта с каждым днем становится все менее рискованным инструментом. On a risk adjusted basis, $BTC is an […] дальше »

2020-10-30 10:00


Майк Новограц: Биткоин не такой уж рискованный актив

Гендиректор Galaxy Digital Майк Новограц считает, что биткоин уже фактически стал частью современного финансового рынка. Риски, связанные с инвестициями в эту криптовалюту, значительно ослабли. Свою точку зрения бизнесмен и сторонник BTC высказал в Твиттере, подчеркнув, что крупнейшая цифровая валюта с каждым днем становится все менее рискованным инструментом. дальше »

2020-10-29 20:17


Bitcoin Must Consolidate Above This Key Level, Or Risk Plunging to $11,900

It has been a wild past few days for Bitcoin and the aggregated cryptocurrency market Bitcoin has been able to post consistent gains throughout as of late, with buyers and sellers largely reaching an impasse following its slight rejection at $13,200 This has created a slight consolidation phase around $13,000 that it has been caught within throughout the past two days If this phase persists in the near-term, BTC must continue holding above $12,800 One […] дальше »

2020-10-24 21:00


Bitcoin Struggles to Hold Above $10,000 as Risk of Serious Downside Grows

Bitcoin plunged overnight to lows of $9,900 once again, with bulls struggling to defend against it seeing further downside Analysts are widely noting that the cryptocurrency is now at risk of seeing even further downside in the near-term as it struggles to maintain above its crucial support One trader is noting that a continued bout of trading below $10,000 could strike a blow to the crypto’s technical structure He reckons that this will lead BTC […] дальше »

2020-9-7 21:00


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Bitcoin Plunges Below $11,000 as Selling Pressure from Miners Ramps Up

After facing some slight turbulence yesterday, Bitcoin incurred a massive rush of selling pressure today that sent its price reeling down to lows of $10,700 This movement came about in the form of a sharp selloff following a prolonged bout of sideways trading within the lower $11,400 Analysts are now noting that the market is now at serious risk of seeing further downside This comes as multiple large BTC mining pools begin offloading their holdings […] дальше »

2020-9-4 21:00


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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


BTC Marketplace, LocalBitcoins Partners With Elliptic To Integrate Blockchain Monitoring

Global Bitcoin (BTC) peer-to-peer exchange, LocalBitcoins announces its partnership with Elliptic, a crypto surveillance company, to further compliance on the site. An announcement from the Finland-based company confirms the addition of two Elliptic Solutions to prevent illicit crypto from transacting on the platform, namely, the Navigator risk analysis tool and Lens wallet screener. “By choosing […] дальше »

2020-7-28 18:49


Why a Growing Risk Appetite Could Send Bitcoin to $14,000

Bitcoin’s price saw an explosive movement higher yesterday that allowed it to surmount its multi-week resistance at $9,500 This movement was technically significant because it allowed the crypto to smash a crucial resistance that it is now being flipped into a support level How BTC trends next will be important for determining its mid-term outlook, as a decline beneath this level would point to weakness amongst bulls Holding above this level, however, could point to […] дальше »

2020-7-24 21:00


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Bitcoin’s “Reserve Risk” Indicator Suggests the Next Parabolic Cycle is Coming

Bitcoin’s prolonged bout of sideways trading isn’t showing any signs of letting up Its stability is proving to be extremely bullish for the aggregated crypto market, as many tokens have found themselves caught within firm uptrends Some speculate that it won’t be until these tokens start seeing slowing momentum that Bitcoin can run One technical indicator is suggesting that this may be the case and that BTC is currently building a strong base to make […] дальше »

2020-7-21 21:00


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Bitcoin at Grave Risk of Cratering to $7,400 as it Taps Multi-Month Trendline

Bitcoin is flashing some signs of weakness as it navigates towards the lower boundary of a trading range that has been firmly established over the past couple of weeks The crypto’s current weakness comes after a failed attempt by buyers to propel it towards $10,000 This decline has also led BTC down to a multi-month ascending trendline that has been guiding its price higher If it breaks below this level, analysts warn that it could […] дальше »

2020-6-8 22:00


3 BTC Mining Pools Accounts for 53% of Hash Rate, Bitmain Controls 2; Is Decentralization at Risk?

Bitcoin may not be as decentralized as it is normally touted. According to stats from BTC. com, two Chinese companies control over 52% of Bitcoin's hashrate. This, combined with reduced rewards from the May 2020 halving, begs the question of whether the leading digital asset is fully decentralized. дальше »

2020-5-21 19:05