Bitcoin reaches for $47K as analysts agree BTC price consolidation cannot last

There will be a breakout up or down within weeks, consensus believes, with targets between $40,000 and $60,000.

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$DECO First Utility & Overthrowing the App Store Chokepoints

In the physical brick and mortar economy you can walk down the street and see what’s available. Your economic potential is limited by where you are and what’s literally within reach. Once you go online you need feedback loops to differentiate one supplier or buyer from another, otherwise it’s all just an ocean of static […] The post $DECO First Utility & Overthrowing the App Store Chokepoints appeared first on NFT News Today. дальше »

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Data: Bitcoin Crash Flushed Out $5.4B In Futures Within Hours

Data shows the Bitcoin crash from a few days ago flushed out $5.4 billion from futures open interest within the matter of hours. Cascade Of Long Liquidations Lead To 24.5% Reduction In Futures Open Interest As per the latest weekly report from Glassnode, when the price of Bitcoin crashed down to $42k a few days […] дальше »

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Coinseed barred from operating in New York after shady Dogecoin (DOGE) dealings

Coinseed, a cryptocurrency trading platform temporarily suspended previously via a preliminary injunction for violating New York state laws and for illegally squandering investors’ fund but has finally been ordered by the Supreme Court of the State of New York to shut down its operation within the state. дальше »

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Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. дальше »

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Tezos, Ethereum Classic, Dash Price Analysis: 17 July

Several leading cryptocurrencies have seen a slump lately. Bitcoin was down by 0.8% over the last 24 hours, Ethereum too lost value by 1.6% within the same time frame. For Tezos, market capitalizaThe post Tezos, Ethereum Classic, Dash Price Analysis: 17 July appeared first on AMBCrypto. дальше »

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Three More Chinese Provinces Join National Clampdown on Crypto Mining Activities

The current crackdown on mining activities in China appears to be gaining steam.  Three provinces Henan, Gansu, and Anhui, have joined the nationwide crackdown on crypto farms.  Henan, Gansu, and Anhui to Crack Down on Mining Activities Local news outlets have reported different reports on the crackdown on crypto mining activities within the country. HeifiRead More дальше »

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How This Mark Cuban-Endorsed Crypto Token Crashed From $50 To $0 Within 24 Hours

Billionaire Mark Cuban has been making rounds in the cryptocurrency community following the crash of the Titan token. The cryptocurrency market is a very volatile market, and every participant of the market, especially long-term investors is well aware of the fact that prices go up as fast as they go down. However, with the titan […] дальше »

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Why is 25th June critical for Ethereum?

Ethereum reached an all-time high valuation of $4375 on 9 May 2021 but the elation investors felt was short-lived. It registered a decline of 56% within a week, dropping down to $1880, following whichThe post Why is 25th June critical for Ethereum? appeared first on AMBCrypto. дальше »

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Bitcoin At $50,000 Within Reach As Millions Of BTC Short Positions Set To Be Liquidated

Bitcoin is correcting gradually, and the market is rightfully excited. At report time, Bitcoin has raked in over 12% in daily gains, sending prices up to $40,641 while simultaneously clearing weekly losses, which at the peak of the bear market was all the way down to -30%. дальше »

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The May Crypto Sell-off Predominantly Occurred in the US Session

Bitcoin continues to chop. Currently, in a ‘crab’ pattern, the price of Bitcoin is constantly going up and down by a few thousand dollars but remains range-bound within $30k-$40k. Having a drawdown of 50% after rallying 1,610% from March low to mid-April all-time high, the sideways trading is expected to continue for months and trend […] The post The May Crypto Sell-off Predominantly Occurred in the US Session first appeared on BitcoinExchangeGuide. дальше »

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Dogecoin Price Analysis: 10 June

Dogecoin's price has been sloping down in the long-term has tried to find strong support. Even though the value of Bitcoin was recovering, the value of DOGE remained restricted within a $0.09 range, aThe post Dogecoin Price Analysis: 10 June appeared first on AMBCrypto. дальше »

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Bitcoin Bulls And Bears Alike Beware Of Potential Pump And Dump Fractal

Bitcoin price has been stuck trading within a small symmetrical triangle. These continuation patterns tend to suggest another equal sized move down is coming. However, a sweep of lows would “perfect” a buy setup that could initiate a pump and dump fractal from years ago. дальше »

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China Turns Attention to Bitcoin Mining as Crackdown Continues

China has announced that it will be cracking down on bitcoin mining within the country, in an attempt to protect the country's financial system while reducing carbon emissions. The post China Turns Attention to Bitcoin Mining as Crackdown Continues appeared first on BeInCrypto. дальше »

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Crypto Miners in Iran Getting Rooted Out by Government Spies

Iran is recruiting its intelligence officers to crack down on illegal cryptocurrency miners within the country. The post Crypto Miners in Iran Getting Rooted Out by Government Spies appeared first on BeInCrypto. дальше »

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Ethereum Price Analysis: 17 May

Ethereum's price witnessed selling pressure making its way to the market and pulling the value of the digital asset down by 16% within 16-hours. This devaluation was from $3,851 to $3,214. However, thThe post Ethereum Price Analysis: 17 May appeared first on AMBCrypto. дальше »

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Bitcoin Cash, Ethereum Classic, Binance Coin Price Analysis: 08 May

Bitcoin Cash traded within a descending triangle and a move below $1,280 could lead to a sell-off. Ethereum Classic's down channel could trend even lower before a break to the upside. Lastly, Binance The post Bitcoin Cash, Ethereum Classic, Binance Coin Price Analysis: 08 May appeared first on AMBCrypto. дальше »

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Aave, Chainlink, Litecoin Price Analysis: 07 May

Aave needed to defend $430-support from an extended sell-off. Chainlink traded within a down channel and a bounce back from $45.6-44.2 could lead to a northbound breakout. Finally, Litecoin's uptrend The post Aave, Chainlink, Litecoin Price Analysis: 07 May appeared first on AMBCrypto. дальше »

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Turkish Lira Volatility Raises Banking Sector Concerns Ahead of Bitcoin Regulations

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Turkey's fourth-largest crypto-exchange shuts down citing 'intense transactions'

Cryptocurrency users in Turkey have received yet another blow within days after Vebitcoin, the fourth-largest crypto exchange in the country, collapsed. The crypto-exchange today announced that it wilThe post Turkey's fourth-largest crypto-exchange shuts down citing 'intense transactions' appeared first on AMBCrypto. дальше »

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Litecoin, Uniswap, Zcash Price Analysis: 16 March

Litecoin continued its downwards trajectory and a move below the 200-SMA could likely see the price drop lower to $181 support. UNI moved within a down channel, but support at $28.6 could offer some fThe post Litecoin, Uniswap, Zcash Price Analysis: 16 March appeared first on AMBCrypto. дальше »

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BNB, ADA Flip USDT in Market Cap

BNB and ADA are showing no signs of slowing down. Within the past 24-hours, they have recorded significant gains that have catapulted them above stable coin, USDT. BNB is currently up 15% in the last 24 hours, and its price is shy of $270. дальше »

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Ravencoin (RVN) hits ATH amidst high interests on tokenized securities

Peer-to-peer blockchain Ravencoin (RVC) has been in the news lately as the coin has surged by over 1000% this month alone. While data from CoinMarketCap shows that the cryptocurrency is down by 10% within the past 24 hours, it still shows the coin has gained over 100% within the past week. дальше »

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Tron, Augur, Zcash Price Analysis: 13 February

Tron moved within an ascending triangle, but a northbound breakout did not seem likely over the next few trading sessions. Further down the crypto-ladder, even though Augur and Zcash traded around theThe post Tron, Augur, Zcash Price Analysis: 13 February appeared first on AMBCrypto. дальше »

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India’s Central Bank RBI Close to Digital Currency Decision as Paypal Exits Indian Payments Market

The Reserve Bank of India (RBI) is actively working on a digital currency and will make a decision “very soon,” the central bank has reportedly confirmed. Meanwhile, payments giant Paypal is shutting down its payment services within India. дальше »

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This On-Chain Trend Suggests Bulls are About to Regain Control Over Bitcoin

Bulls have been struggling to gain decisive control of Bitcoin throughout the past few days and weeks This has resulted in it being quite heavy, with each rally being aggressively sold into as bears aim to push it back down to $30,000 Despite this, the crypto has been able to hold strong within the lower-$30,000 region, and every dip below $30k has been met with massive buy-side support There’s a possibility that this support is […] дальше »

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Bitmain’s Co-Founder Jihan Wu Steps Down In Bid To Settle Longstanding Power Struggles

The leadership disputes within Bitmain, the world’s biggest mining firm, have finally been resolved. One of Bitmain’s co-founder, Jihan Wu, is set to resign as the company’s CEO as part of the settlement. дальше »

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Here’s the Key Level Bitcoin Needs to Reclaim for Bulls to Take Control

Bitcoin’s appears to be caught within a firm bear trend, with the cryptocurrency being wholly unable to see any sustained rebounds Each rally over the past week has been firmly rejected, with BTC rallying to highs of $34,500 yesterday before facing a rejection that sent it down towards $30,000 today Where the entire market trends […] дальше »

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Bitcoin Forms Ideal Market Pivot as Bulls Trap Sellers; What Comes Next

Bitcoin has seen some wild price action over the past couple of weeks, only being rivaled by that seen during past parabolic rallies, like the one in 2017 The cryptocurrency is showing few signs of slowing down anytime soon, as bulls have taken clear control of its price action Where it trends in the mid-term will likely depend on whether or not it can form a strong base of support within the lower-$30,000 region Bulls […] дальше »

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Analyst: Bitcoin Rally is Losing Steam as Key Factors Forecast a Drop

Bitcoin has been caught within the throes of a wild uptrend throughout the past few weeks, with each dip being aggressively bought This has allowed it to see fairly steady gains, with sellers being unable to gain any real control over its price action Just today, the crypto set fresh all-time highs as its price rallied past $25,000, and it is showing few signs of slowing down anytime soon One trader explained in a recent […] дальше »

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Ukraine Billionaire’s Closed Kentucky Steel Plant Has Been Mining Bitcoin On The Side

A defunct Kentucky-based steel plant that belongs to Ukrainian Oligarch Ihor Kolomoisky is said to have allegedly pivoted towards Bitcoin mining after shutting down operations in July. CC Metals & Alloys (CCMA) has been mining Bitcoin within its premises, according to a report by RadioSvoboda. дальше »

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Trader Claims XRP is Poised to Rip to $1.00 as Airdrop Hype Mounts

XRP has been caught within a tight consolidation pattern throughout the past few days, with its recent parabolic rally slowing down as bulls struggle to break above the resistance in the upper-$0. 60 region. дальше »

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XRP Could See a Strong Push Higher as Bulls Degrade Key Resistance

Ever since XRP broke out of the tight multi-year trading range that it was previously stuck in, the cryptocurrency has been caught within a strong uptrend that has shown no signs of slowing down. Bulls have been in full control of the previously embattled cryptocurrency, and the recent rebound seen across the entire market appears […] дальше »

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Bitcoin Claims Crucial Level, But Break Below It Could Lead to $16,000

Bitcoin has been caught within a strong uptrend in the time following its recent selloff, with bulls largely absorbing the inflows of selling pressure After reeling down to lows of $16,400, the cryptocurrency faced a massive rebound that has now led it past $18,000 Its present momentum is showing few signs of slowing down, and there’s a strong possibility that further upside is imminent in the near-term One trader is noting that it is now […] дальше »

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Mass Carnage: Bitcoin Bulls Face $750m in Liquidations During Latest Selloff

It has been a rough past 12 hours for Bitcoin, as the benchmark cryptocurrency is currently in the process of erasing weeks of gains as it plunges lower The crypto came within a stone’s throw of its all-time highs before the selling pressure began mounting From here, its price rejected and began its descent down to where it is currently trading at One reason behind this dip is concerns regarding a new wave of crypto […] дальше »

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Binance Coin, Waves, DigiByte Price Analysis: 21 November

Bitcoin showed no signs of stopping its northbound run as it skirted the $19,000-mark over the last few hours. Further down the crypto-ladder, Binance Coin could be set to trade within a range over thThe post Binance Coin, Waves, DigiByte Price Analysis: 21 November appeared first on AMBCrypto. дальше »

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Ethereum Undergoes ‘Unannounced Hard Fork’ After Infura Goes Down

Ethereum infrastructure provider Infura is currently down. As per the latest update on Nov 11, 12:37 UTC, Infura has been deploying the fix, and service is getting back to normal. It has been at Nov 11, 08:12 UTC that Infura first reported a service outage with the root cause traced to “several components within our […] The post Ethereum Undergoes 'Unannounced Hard Fork' After Infura Goes Down first appeared on BitcoinExchangeGuide. дальше »

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Here’s Why Analysts Expect Bitcoin to Plunge Lower in the Near-Term

It has been a relatively uneventful day for Bitcoin, with the benchmark crypto ranging sideways following the immense decline seen yesterday that sent it down to $14,800 The buying pressure at these lows proved to be too much for bears to handle and instantly sparked a “V-shaped” recovery BTC is now hovering within the lower-$15,000 region, struggling to gain any upwards momentum as its buyers and sellers reach an impasse This trend of stability may […] дальше »

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Here's what Bitcoin's recent hashrate drop may imply for miners

Bitcoin has seen its hash rate decline over 43.47 % within a span of 3 days, due to Chinese mining farms closing down for the dry season. The reason being, they cannot generate enough hydropower withoThe post Here's what Bitcoin's recent hashrate drop may imply for miners appeared first on AMBCrypto. дальше »

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Data Shows Interest in Ethereum is Crashing; Here’s Why This is Bullish

Bitcoin has been causing the entire crypto market to see some uncertainty, which has had grave impacts on Ethereum and many other altcoins Ethereum is now consolidating alongside the benchmark crypto as it trades within the $350 region Where it trends next will likely depend on whether Bitcoin breaks out, or breaks down, from its range between $10,600 and $10,800 One analytics platform is noting that data shows Ethereum’s social volume is crashing at the […] дальше »

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One of Bitcoin’s Bull-Scenarios Was Invalidated by Selloff; Factors to Consider

Bitcoin has been caught in the throes of immense volatility throughout the past few days, with the cryptocurrency being unable to form a sustainable trend This has led investors to question what could come next for BTC, as it is still caught within the long-held trading range between $10,000 and $11,000 That being said, the latest decline that sent the crypto reeling down from its $10,500 daily highs struck a blow to its technical outlook […] дальше »

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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 »

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Bitcoin Shorts May Soon Get “Trapped” as Bulls Slow BTC’s Descent

Bitcoin’s price has found some stability following the recent market-wide selloff that helped send it down from highs of $11,200 to lows of $10,400 Bulls are ardently guarding against it seeing further near-term downside at the present moment There is a possibility that sellers will be able to continue pushing the market lower in the near-term, as turbulence within the stock market is providing an ideal background for bears to operate against One analyst is […] дальше »

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The reasons why I left a comfortable government job for crypto

What was behind my decision to leave a government position and continue down a path within the crypto and blockchain space.

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It’s Make or Break for Ethereum Bulls as ETH Nears Critical Resistance

Ethereum is flashing some signs of strength today as it inches higher while caught within a short-term consolidation phase. This consolidation trend came about after the cryptocurrency rallied to highs of $380 before facing some heightened selling pressure that caused its price to retrace back down towards $360. дальше »

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Market Undecided on Where to Go

Sideways may be the name of the game now as bitcoin and other cryptos rise up a bit and down a bit, but generally still within the same price level.... дальше »

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Data: Long-Term Bitcoin Investors Hold Steady Despite $2,000+ Plunge

After a prolonged period of stability and sideways trading within the $11,000 region, Bitcoin finally witnessed an influx of selling pressure that put an end to this consolidation. This caused the cryptocurrency to plummet down to lows of $9,900 earlier today, at which point buyers stepped up and slowed its descent. From here on out, […] дальше »

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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 »

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Making a Comeback: Community Favors YAMv3 Parameter Proposal After Migrating 98.5% YAM

The decentralized finance protocol Yam Finance that took the DeFi world by storm is coming back online soon. Launched amidst much fanfare as a “minimally viable monetary experiment,” this project saw $700 million total value locked in its protocol within 24 hours of its launch only to come crashing back down after a bug was […] дальше »

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Here’s How High One Trader Expects Bitcoin to Climb Before Forming a Top

Bitcoin faced yet another $12,000 rejection yesterday that caused the cryptocurrency’s price to reel down towards $11,700 This level appears to have been established as support, as buyers ardently defended against any break below it It now appears that the crypto’s short-term technical outlook remains unchanged, as BTC is still consolidating within the upper-$11,000 region As for where it may go next, one analyst explained that he is looking towards $13,000 as a near-term target […] дальше »

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