Wall Street Veteran Explains Why He’s “Irresponsibly” Long on Bitcoin

Bitcoin has gained steam over recent weeks, hitting $12,200 last weekend as buyers rushed in. Analysts say that the cryptocurrency market has room to move higher due to technicals. But from a fundamental standpoint, some argue that BTC is more bullish than ever before. дальше »

447 +

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 »

446 +

It’s “Only a Matter of Time” Before Chainlink (LINK) Breaks $10.00; Here’s Why

Chainlink has been flashing signs of immense strength throughout the past few days, with the cryptocurrency currently consolidating around its all-time highs. Despite being unable to break into the double-digit price region, the strong market structure established as a result of its recent push higher is likely to allow for further upside in the near-term. […] дальше »

466 +

Bitcoin is Pushing Against a Crucial Level as Chances of an Explosive Rally Grow

Bitcoin and the entire crypto market saw a strong afternoon yesterday. This allowed BTC to push up towards $11,800 The cryptocurrency is now caught within what will likely be a short-term consolidation phase at just under $12,000 Whether or not it can surmount this crucial resistance today will help offer insights into its short-term outlook One analyst explained in a recent tweet that yesterday’s daily close does seem to indicate that a break above this […] дальше »

407 +

Russia’s State Owned Bank, Sberbank, Mulls Over Issuing A Ruble Pegged Stablecoin

Russia’s largest state-owned bank Sberbank is mulling over the idea of issuing their stablecoin reported a local daily. Many believe the decision was prompted by the recent signing of a new cryptocurrency law by President Putin. дальше »

534 +

Why One Trader Thinks Bitcoin Will See a $1,000+ Plunge Despite Ongoing Upswing

Bitcoin is currently showing intense signs of technical strength as it races towards $12,000 once again despite the recent rejection at this level The cryptocurrency is now well-positioned to see further upside but remains within a short-term consolidation phase until it shatters this level This uptrend may be bolstered by its break above a previously formed trading range within the lower-$11,000 region One analyst still believes that Bitcoin is at risk of seeing a large […] дальше »

338 +

Bitcoin to See More Volatility as Indicator Foreshadows A Price Reversal; Could See a Big Spike

Today, Bitcoin is in the green, currently trading above $11,585. The recent price trend of the largest cryptocurrency suggests bitcoin is consolidating before making the next jump. This move could see us going back to $12,000, a resistance level that dates back to last August and was rejected this weekend. According to the 14-day relative […] дальше »

470 +

Cardano short-term Price Analysis: 5 August

Priced at $0.1426 Cardano is the 8th largest cryptocurrency in the world. The recent surge due to the announcement of the Shelley launch caused a massive pump since April 2020. During this surge, the The post Cardano short-term Price Analysis: 5 August appeared first on AMBCrypto. дальше »

564 +

After Ripping Past $3, Analysts Think Tezos (XTZ) Has Room to Rally

Like Chainlink and other altcoins, Tezos (XTZ) has done extremely well over recent days despite the weekend’s flash crash. On Tuesday, the popular cryptocurrency was up more than 9% on the day at one point, holding above the critical $3. дальше »

415 +

A Massive Bitcoin Bull Run Awaits as Fed Confirms 2% Inflation Target

A high inflation environment is creating more upside opportunities for Bitcoin as the cryptocurrency trades near its 11-month high. Recent statements from the Fed officials confirm that they are targeting a 2 percent inflation by pledging not to raise interest rates in the medium-term. дальше »

282 +

Ethereum’s DeFi Space Is Exploding According to These 4 Metrics

Despite volatility in the Ethereum market, decentralized finance (DeFi) — which some argue is the killer use case for the cryptocurrency — has continued to see rapid growth in recent months. Ethereum’s DeFi Space Is Seeing Rapid Growth Spencer Noon, the head of the cryptocurrency fund DTC Capital and an on-chain analyst, noted on August […] дальше »

498 +

Russia’s Biggest Bank Considers Launching Its Own Stablecoin

Shortly after Russia’s president, Vladimir Putin, signed the country’s recent cryptocurrency law, the country’s largest bank voiced its considerations. дальше »

315 +

2gether Struggles to Reimburse Funds From Recent Crypto Hack

European cryptocurrency trading platform 2gether announced that it was hacked, with $1. 4 million stolen from the firm’s funds. The Spanish cryptocurrency payment platform highlighted that the company is facing an “extremely difficult situation” and is struggling to reimburse stolen funds. дальше »

516 +

Tezos (XTZ) Long Positions Set All-Time High as 96% of Bitfinex Traders Flip Long

Tezos has seen some strong price action in recent weeks, with its price facing some choppy trading throughout the past couple of days. It appears that the cryptocurrency’s recent price action has become decorrelated from that seen by Bitcoin and the rest of the market, and is showing some striking similarities to that seen by […] дальше »

416 +

Cryptocurrency News Roundup for Aug 3, 2020

Bitcoin started the week on a positive note after an unusually volatile weekend by recent standards. The BTC/USD price temporarily reached a local high of over $12,000. The eventful weekend was preceded by a credit-rating downgrade from Fitch who placed a “negative outlook” on the United State’s triple-A rating on Friday. дальше »

593 +

Cosmos, BAT, Cardano Price Analysis: 03 August

The recent activity in the cryptocurrency market has had a profound effect on the market's altcoins. While Cardano [ADA] and Basic Attention Token [BAT] showed a retracement in the near-future, CosmosThe post Cosmos, BAT, Cardano Price Analysis: 03 August appeared first on AMBCrypto. дальше »

519 +

This Fractal Suggests XRP is on the Cusp of Seeing a Parabolic Rally

XRP was able to incur some decent momentum earlier this week that sent it into the mid-$0. 25 region. Despite climbing from its recent sub-$0. 20 lows, the cryptocurrency’s uptrend is still underwhelming compared to those seen by Bitcoin, Ethereum, and many of its other peers. дальше »

347 +

Bitcoin Tops $11,000 Reigniting Interest in India

A resurgent bitcoin is rekindling Indian interest in cryptocurrencies with reports suggesting many dormant holders are back to trading. A report in Livemint is also attributing the piqued interest to a recent Indian supreme court decision to overturn a prohibition that barred banks from dealing with cryptocurrency exchanges. дальше »

453 +

Next DeFi Boom to Come Out of “Useless” Cryptocurrencies: Messari

As the decentralized finance sector explodes in value, a recent Messari report indicates that the so-called DeFi boom is likely to continue. Researcher Ryan Watkins wrote that a capital shift from “useless” cryptocurrency projects might help the DeFi tokens boom. дальше »

448 +

Despite Its Hype, DeFi Only Attracts 1% of All Crypto Users

A recent survey by ARPA, the layer two privacy-preserving computation platform, found that despite the hype, DeFi remains a niche corner of the cryptocurrency market. Users Are Experienced but Number... дальше »

495 +

These 3 Signs Indicate Bitcoin Could Drop After 20% Explosion to $11.5k

Bitcoin has extremely strong price action over recent days. At the highs of the rally on Monday, the leading cryptocurrency traded as high as $11,500 on leading margin exchanges. There remain signs that BTC could undergo a strong retracement after surging as high as $11,500. дальше »

402 +

Crypto fund expecting “99%” Chainlink (LINK) drop remains controversial

Due to its extremely strong price performance over recent months, Chainlink (LINK) has naturally drawn quite a bit of attention to itself from all corners of the cryptocurrency industry. The post Crypto fund expecting “99%” Chainlink (LINK) drop remains controversial appeared first on CryptoSlate. дальше »

386 +

Bitcoin Just Exploded Past $10,000 But Data Says Institutions Still Bearish

Bitcoin is trading at $10,250 as of this article’s writing, reaching the highest price traded since June’s highs. This recent breakout has been met with much excitement from the cryptocurrency industry. дальше »

363 +

Why Bitcoin’s Bullish Accumulation Pattern Could Still Result in a Move to $7k

Bitcoin and the aggregated cryptocurrency market are continuing to flash some signs of strength BTC is now pushing up towards $9,600, with its slow grind higher allowing it to surmount the slight resistance it faced around this price region This recent price action does appear to confirm the existence of a bullish accumulation pattern, which is a positive sign for its outlook One analyst is explaining that the crypto could still decline towards $7,000 despite […] дальше »

375 +

Bitcoin Just Closed Above a 3-Year Trendline Formed At 2017’s $20k High

Bitcoin is finally moving higher after weeks of boring consolidation. In the past seven days, the asset has rallied around 4. 5%. A small performance, sure, but one impressive when considering how stagnant large-cap cryptocurrency market has been over recent memory. дальше »

354 +

Bitcoin Price Could Moon To $20K If US Banks Allocate Just 1% Of Assets To BTC

Bitcoin enthusiasts have long predicted the legacy finance system eventual foray into crypto. Wall Street jumping into bitcoin in droves is still yet to be seen, but some recent actions suggest the cryptocurrency industry is sure headed in the right direction. дальше »

434 +

S&P 500 Prints Signal Seen Before March’s Crash: Will Bitcoin Suffer?

Bitcoin’s price action has become increasingly dependent on that of the S&P 500 over recent months. The correlation is so strong that it has been observed by analysts who do not actively watch the cryptocurrency space, such as a team at JP Morgan. дальше »

322 +

These 3 Factors Suggest Bitcoin’s Uptrend is Just Getting Started

Bitcoin saw a notable upswing yesterday that allowed it to put some serious distance between its current price and its recent low. The benchmark cryptocurrency is starting to show signs of breaking its bout of incredibly low volatility. дальше »

322 +

Avanti Bank Charter & ‘Stablecoin Disruptor’ Fast-Tracked Following OCC Decision

The Wyoming Division of Banking regulators has accelerated the banking application charter for crypto influencer Caitlin Long’s Avanti project. The decision to fast-track Avanti Bank came in the wake of the Office of the Comptroller of the Currency (OCC)’s recent decision to allow banks to provide cryptocurrency custodial services. дальше »

648 +

Bitfinex Whale Doubts Ethereum Will Ever Revisit Its All-Time High of $1,400

Ethereum has seen recent fundamental strength with an uptick in adoption and users largely due to DeFi. This recent development has led some to suggest that the cryptocurrency will eventually revisit its all-time high price. дальше »

368 +

Bolstering Bear Case, Data Indicates XRP’s Social Media Presence is Losing Steam

The third-largest altcoin, XRP, has largely been left out of the recent surge in the altcoin market. While there are some that expect for the popular cryptocurrency to follow its ilk higher, there remains a strong bear case. дальше »

292 +

Bitcoin’s Historical Positioning Suggests an Intense Bull Trend is Looming

Bitcoin’s price action in recent times has been lackluster, providing investors and analysts alike with little insight into the state of its macro trend. This ongoing sideways trading may not be unprecedented, however, as a look at the cryptocurrency’s historical post-halving price action suggests that this may simply be one of the initial phases of […] дальше »

391 +

Why This Trading Expert Believes Bitcoin Needs To Reclaim $9,400 Quickly To Change Its Bearish Course

With low volatility in the bitcoin market in recent months, the price action of the OG cryptocurrency has been rather boring. Some crypto observers have even joked that the top crypto is now trading like a stablecoin. дальше »

497 +

Will Twitter Be Sued?

The recent cryptocurrency scam that would have people send Bitcoin on the promise of...

The post Will Twitter Be Sued? appeared first on Coin Journal.

333 +

Here’s Why One Analyst Thinks Cardano (ADA) Could Soon “Nuke” Lower

Cardano saw a massive upswing yesterday that allowed it to erase virtually all of its recent losses For a brief period, the crypto even tapped its previously established yearly highs, although the selling pressure here proved to be quite significant As for where the cryptocurrency could trend next, analysts are growing increasingly cautious about its outlook Despite there being a few technical signs that suggest it may continue pushing higher, one trader is noting that […] дальше »

436 +

Cryptocurrency Focused Insurer, Evertas, Raises A $2.8 Million Seed Round Led by Morgan Creek

Chicago based Evertas insurance has raised $2.8Million in a recent seed round. The insurance company, formerly known as BlockRe, was founded in 2017 by current CEO J Gdanski. They have zeroed in on the crypto realm, helping their clients reduce exposure to crypto-related risks offering expertise in insurance, Blockchain, investigation, and financial audits. The seed […] дальше »

432 +

The Truth About Spending Cryptocurrencies

In the last decade, there has been a dramatic increase in the amount of ways you can spend cryptocurrency. Troubling economic circumstances have loomed large in many countries in recent years, fueling a desire to find alternative payment methods and new ways to preserve wealth. дальше »

359 +

Bitcoin is About to See “Nasty Price Action” if it Breaks One Crucial Level

Bitcoin has entered yet another consolidation phase, this time hovering around $9,200 as it reestablishes its position within its previously held range between $9,000 and $9,300. The cryptocurrency’s recent price action has done little to offer any significant insight into its macro outlook, as it still remains caught within its long-held range between $9,000 and […] дальше »

359 +

This Single Price Level Could Make Bitcoin’s Price Action “Nasty”: Analyst

Stepping back from the recent volatility, Bitcoin remains in macro limbo. The leading cryptocurrency has not deviated from a 7% range over the past two to three weeks and a 15% range over the past two months. дальше »

347 +

Bitcoin’s post-halving price action is mirroring that seen in 2016; What this means for BTC

Bitcoin’s recent mining rewards halving event was long looked upon as a catalyst for the cryptocurrency to see further strength – from both a fundamental and technical perspective. The post Bitcoin’s post-halving price action is mirroring that seen in 2016; What this means for BTC appeared first on CryptoSlate. дальше »

556 +

84% of Crypto Twitter Is Buying or Holding Bitcoin, Boosting Bull Case

There have been many analysts over recent weeks arguing that Bitcoin is clearly at a market top. As NewsBTC covered two weeks ago, one trader commented that the cryptocurrency is trading in line with a textbook “distribution” pattern. дальше »

481 +

As Bitcoin’s Volatility Hits Historic Lows, Traders are Eyeing a Move to $13,000

All of Bitcoin’s recent volatility has occurred within a relatively tight trading range between $9,000 and $10,000. There have been a few occasions in which the cryptocurrency has broken above or below these range boundaries, but each time has been short-lived and followed by a swift movement back into the range. This range was first […] дальше »

506 +

Why PayPal’s Upcoming Crypto Service is a Big Deal

Recently, rumors that PayPal is looking to begin offering cryptocurrency direct-sales began making headlines after insiders from the company, in addition to recent job postings looking for blockchain experts highlighted its renewed interest in cryptocurrencies. дальше »

324 +

After Parabolic 700% Surge, Cardano (ADA) Is Near “Heavy” Resistance

Cardano (ADA) has embarked on a parabolic surge over recent weeks. From the March lows, the altcoin is up by approximately 700%. And in the past week alone, ADA is up by 50%. The cryptocurrency is outperforming on the launch of the Cardano blockchain’s “Shelley” upgrade. дальше »

542 +

There’s “Heavy Doubt” Chainlink Will Continue to Rally After 300% Surge

Calling Chainlink’s (LINK) recent price performance impressive would almost be an understatement. The cryptocurrency has been on a tear over the past three days. After printing a topping pattern near $4. дальше »

328 +

Wall Street “Fear” Indicator Puts Bitcoin Under Extreme Downside Risks

Bitcoin has rallied by more than 150 percent from its mid-March nadir, but its growing exposure to a similarly booming US stock market remains worrisome. The cryptocurrency risks paring a portion of its recent gains as macro analysts warn about a downside move in the S&P 500 ahead. дальше »

321 +

Bitcoin Futures Premium Shows That Institutions are Bullish on BTC

Bitcoin futures have seen a rising premium over spot BTC in recent months, which seems to indicate that traders are bullish on the benchmark cryptocurrency. This premium is particularly clear while looking towards the CME – which seems to indicate that professional traders and institutions are particularly bullish on BTC at the present moment. This […] дальше »

354 +

Here Are 2 Ways to Benefit From the Impending Bitcoin Volatility Spike

Bitcoin’s price action has quickly become unbearable for many traders. As NewsBTC has reported extensively over recent days, the crypto market has come to an absolute standstill. In the past week, the cryptocurrency has traded in a right 5. дальше »

442 +

Bitcoin’s Chart Is Looking More and More Like February’s $10,500 Top

There’s no doubt that Bitcoin’s price action has been weird over recent weeks. As the S&P 500 has entered a range, so too has the cryptocurrency. In the past week, BTC has literally traded in a 5% range. дальше »

380 +

Staking frenzy pushes 0x (ZRX) to highest user activity since April, price jumps 14%

The recent infatuation for most in the cryptocurrency market is with DeFi tokens and staking, with the sectors seeing strong growth in both technology and price values since the past month. The post Staking frenzy pushes 0x (ZRX) to highest user activity since April, price jumps 14% appeared first on CryptoSlate. дальше »

671 +