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DeFi sector struggles as Bitcoin sees another surge

Both Bitcoin (BTC) and the DeFi sector have grown side-by-side in 2020 following the mid-March global economy meltdown, but now, the two started moving in the opposite direction. As Bitcoin price recently surged, the DeFi sector started seeing a significant decline, which caused some to start speculating about the two potentially being connected in some way. дальше »

2020-11-3 17:31


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Analyst: Altcoin Downside Extremely Limited as Bitcoin Remains Stable

Bitcoin has been stable in the time following its $13,800 rejection, with bulls gaining some momentum as the cryptocurrency flashes continued signs of strength Although it is not showing any overt signs of weakness at the moment, altcoins have been capitulating throughout the past few days and weeks, with many posting immense losses Analysts are now noting that altcoins may be in the process of forming mid-term bottoms One trader is noting that downside on […] дальше »

2020-10-31 21:00


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Bitcoin Soars To $13,500 Following ECB’s Announcement Of Monetary Stimulus Boost Coming In December

After sliding below the $13,000 support level on Wednesday, the king of cryptocurrencies appears to be back on its way up. The sell-off yesterday was felt across stock markets and gold as investors throughout the world were shaken by reports of a resurgence in COVID-19 infections and new restrictive lockdowns. The bitcoin price slumped to […] дальше »

2020-10-31 09:44


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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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Ethereum Rebounds Following Recent Nosedive; What Analysts are Expecting

Ethereum has been taking a beating throughout the past few days as all eyes closely watch Bitcoin The crypto has been severely underperforming BTC as of late, with the benchmark digital asset seeing a sharp rise in market dominance as altcoins stagnate This could be due to ETH and other alts lagging, which would indicate that a sharp move higher is imminent in the near-term One analyst is noting that a reclaim of $410 is […] дальше »

2020-10-27 23:00


How Bitcoin Supply Shock Could Drive Next Major Rally: Analyst

The bitcoin price has returned to top $13k once again. A supply shock theory following the halving suggests that the next major bull cycle could be about to begin. There is no denying that bitcoin has been in its most bullish state for 16 months, and it is just a few hundred dollars away from […] The post How Bitcoin Supply Shock Could Drive Next Major Rally: Analyst appeared first on BeInCrypto. дальше »

2020-10-26 17:13


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Winklevoss twins give a new bullish Bitcoin price prediction

Bitcoin (BTC) price has been surging recently, following  PayPal’s announcement that it will introduce crypto buying, selling, and storing within its own platform. However, while BTC finally managed to leave the price limbo in which it was stuck for weeks and go up to just below $13k, Gemini founders, the Winklevoss twins, think that this is only a start for the world’s largest crypto. дальше »

2020-10-25 12:08


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 Creates Strong Tailwind as Traders Rotate Capital into Altcoins

Bitcoin’s price has begun consolidating following its immense surge seen throughout the past 48 hours Yesterday afternoon, it rallied as high as $13,200 before it found any strong resistance that forced it lower Unlike the trend seen during fleeting upsurges, Bitcoin did not retrace that far into its recent rally following the rejection at these highs This indicates that bulls are in control of the asset at the moment and may indicate that further upside […] дальше »

2020-10-23 02:00


Trail of Destruction: Bitcoin’s $13,000 Rally Liquidated $360m in Short Positions

Bitcoin’s price has stabilized at just below $13,000 following its immense surge seen yesterday The cryptocurrency has been flashing continued signs of strength as of late, and its ability to maintain its recent gains is decisively bullish While looking back on the aftermath of yesterday’s move, its magnitude and influence over the market grows clear According to one data platform, a total of $360 million in BTC short positions were liquidated throughout the course of […] дальше »

2020-10-23 21:00


Kraken Relaunches Crypto Trading in Japan Following Two-Year Hiatus

After a two-year break, U. S. cryptocurrency exchange Kraken has launched funding and crypto trading services in Japan. In an Oct 22 blog post, the exchange announced it had launched spot trading for five major cryptocurrencies, domestic JPY currency deposits and withdrawals, and crypto deposits in Bitcoin, Ethereum, and a few other well-known cryptocurrencies. дальше »

2020-10-23 17:00


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Do or Die: Ethereum Tests Critical Support Region as Bears Try to Regain Control

Ethereum has been struggling to garner any technical strength in the time following its dip below $380 This is a critical level that has determined its trends in the past, and the break below it is quite bearish Where the entire market trends next will likely depend on Bitcoin, but any near-term BTC downside could force ETH below a critical support level It is currently trading just a hair above this level, and one analyst […] дальше »

2020-10-18 22:00


Trader: Bitcoin in a Precarious Position Following OKEx-Induced Selloff

Bitcoin’s price action has been incredibly lackluster throughout the past few days and weeks Bulls and bears have both reached an impasse, which comes despite there being a flurry of both bullish and bearish news Throughout the past few weeks, bulls have been able to dodge any sustained declines resulting from news surrounding the CFTC’s […] дальше »

2020-10-16 19:00


Spain Approves Bill Requiring Cryptocurrency Owners to Disclose Crypto Holdings and Gains

Spain’s government has reportedly approved a bill that requires cryptocurrency owners to disclose their crypto holdings and any gains on their assets. Spain’s Finance Minister and the government’s spokesperson, Maria Jesus Montero, said at a press conference following the weekly cabinet meeting that this bill is part of broader legislation to crack down on tax […] The post Spain Approves Bill Requiring Cryptocurrency Owners to Disclose Crypto Holdings and Gains appeared first on Bitcoin News. дальше »

2020-10-14 02:30