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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 »

2020-11-26 21:00


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Analyst: Bitcoin Likely to Sweep Its Highs as Bears Face Mass Liquidation

Bitcoin has been stable below $19,000 for the past few days, with each visit to this level sparking relatively strong pullbacks Where the crypto trends in the near-term will depend largely on whether or not bulls can take control of its price action and push it past $19,000 The selling pressure here is significant and may continue hampering its growth over the coming few hours and even days Meanwhile, Ethereum and other altcoins have been […] дальше »

2020-11-24 02:00


Bitcoin Nears Highs, But It May Not Be Ready for a Breakout; Here’s Why

Bitcoin has seen some incredible strength throughout the past few days, with each dip being aggressively absorbed by buyers This has allowed the crypto to rally past the $18,000 level and gain what appears to be a strong and stable foothold here Where it trends in the near-term should depend largely on its continued reaction to this level One analyst is noting that BTC does look like it wants to test its post-2017 highs of […] дальше »

2020-11-21 21:00


Here’s Why Ethereum’s Overnight Plunge May Help Clear a Path to $700

Ethereum was struck hard by the plunge seen yesterday evening by the aggregated crypto market After setting fresh 2020 highs of $495 alongside BTC’s push towards $19,000, the cryptocurrency saw a rapid and unrelenting plunge that sent it to lows of $450 on some trading platforms This 10% decline occurred over the course of a few minutes and sent shockwaves throughout the entire market It has since recovered from these lows and is now consolidating […] дальше »

2020-11-19 23:00


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Bitcoin’s All-Time Highs & the End to Uniswap’s UNI Mining: A Data Perspective by IntoTheBlock

Powered by Every week, IntoTheBlock brings you on-chain analysis of top news stories in the crypto space. Leveraging blockchain’s publicContinue Reading The post Bitcoin’s All-Time Highs & the End to Uniswap’s UNI Mining: A Data Perspective by IntoTheBlock appeared first on CoinMarketCap Blog. дальше »

2020-11-19 17:00


If History Rhymes, Bitcoin Will See Steep Corrections Before New Highs

Bitcoin is clearly in a full-blown bull market, with each dip being aggressively absorbed by buyers as it continues grinding higher Unlike BTC rallies of the past, this latest one has mainly been a slow grind higher, which is a testament to the crypto’s maturation as an asset It has seen a few strong pullbacks throughout the course of this recent push higher, but it is important to note that buyers have quickly reversed all […] дальше »

2020-11-17 02:00


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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


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Bitcoin Sees 200 Days of Gains; Here’s the Key Level It Must Keep Holding

Bitcoin has been in a macro uptrend for the past 200 days, first beginning when the cryptocurrency plunged to lows of $3,800 in mid-March Ever since, it has been rallying higher, seeing multiple consolidation phases and even a few sharp selloffs Nonetheless, this trend has resulted in it rallying up to its post-2017 highs of $16,400 that were set yesterday evening The crypto is now consolidating just below these highs as bulls aim at leading […] дальше »

2020-11-14 02:00


PayPay CEO: Bitcoin Support Will “Fundamentally Bolster” Crypto “Utility”

Bitcoin adoption metrics are reaching all-time highs, and the crypto asset’s price has been on a steady ascent higher since PayPal announced it would be supporting cryptocurrencies. But according to the company’s CEO, their support will “fundamentally bolster” the “utility” of cryptocurrencies by making them more accessible to the mainstream masses. Here’s how the payments […] дальше »

2020-11-5 23:00


Analysts Expect Bitcoin to See New Highs as Uptrend Continues

Bitcoin has been struggling to gain any strong momentum throughout the past few days and weeks, with buyers and sellers reaching an impasse as the crypto nears $14,000 The selling pressure here has been quite significant and may continue slowing its ascent in the days and weeks ahead That being said, bears have been unable to spark any sustained selloff as of late, which is a positive sign that indicates upside may be imminent One […] дальше »

2020-11-5 21:00


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Bitcoin Holds Above Critical Support Level as Bulls Target $14,000

Bitcoin has seen some further upside today despite the intense selloff seen in the stock market This confirms the narrative regarding it now being fully decoupled from traditional assets It has also been able to set new yearly highs this morning when it rallied towards $13,500 If it continues holding above its near-term resistance-turned-support at $13,200, the crypto could soon gain further momentum that leads it up towards $14,000 This is an intense resistance level […] дальше »

2020-10-27 21:00


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Bullish for ETH: Miners Aren’t Selling Ethereum Despite Its Sizable Rally

Ethereum’s price has rocketed over the past few days alongside Bitcoin, but it has been underperforming the benchmark crypto While Bitcoin is currently on the brink of setting fresh yearly highs, ETH is trading down significantly from its $490 highs that were set a couple of months ago For ETH to outperform BTC, there will likely have to be a resurgence in the DeFi space This will drive transactional volume and buy-side pressure for ETH […] дальше »

2020-10-25 22:00


PayPal Forays into Crypto Market as Bitcoin Price Explodes Past $12,400

Bitcoin is now trading at the highest price seen in well over a year, with bulls aiming for $13,000 as its strong uptrend gains momentum Today, news regarding PayPal’s foray into the crypto market provided the benchmark cryptocurrency with a serious boost Its price surged all the way up to highs of nearly $12,500 before meeting some resistance, but it does appear to be poised for further gains This recent uptrend has come about in […] дальше »

2020-10-22 21:00


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Analyst: Yearn.finance (YFI) is “Finished” as Technical Outlook Grows Grim

Yearn.finance’s governance token YFI saw a notable rebound from its recent lows overnight, which comes as sentiment surrounding the crypto remains incredibly low. A fragmented community coupled with a lack of momentum in the aggregated DeFi space has created serious headwinds for YFI, which is now trading down well over 50% from its recent highs. […] дальше »

2020-10-16 19:00


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Taking Out $12K Leaves “Clear Skies” For Bitcoin To Set New 2020 High

Bitcoin price is currently down nearly $400 from yesterday’s highs in a flash, after coming close once again to the $12,000 resistance level. According to a crypto analyst referencing on-chain analytics, once $12,000 is broken through cleanly by bulls, there’s “clear skies” above that until $16,500 – which they claim is just a minor “speed bump. дальше »

2020-10-13 18:00


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Analyst: Breaking This One Level Could Send Bitcoin to $14,000+

Bitcoin’s price has been consolidating in the time following its strong surge up to highs of $11,400 The cryptocurrency has yet to revert any of these gains and appears to be gearing up for another big push higher Where the market trends next will likely depend on BTC, as it has been firmly guiding the altcoin crypto market One analyst is now noting that Bitcoin could soon see a move to over $14,000, but he […] дальше »

2020-10-11 19:00


Analyst Claims Chainlink Could Plummet Below $7.00 as Selling Pressure Ramps Up

Chainlink, despite being the darling of the crypto market since 2017 for altcoin traders, is now facing some immense turbulence – the likes of which haven’t been seen in years. The cryptocurrency gained notoriety for its ability to consistently set fresh highs while the rest of the market was reeling lower in the wake of […] дальше »

2020-10-8 02:00


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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 »

2020-9-25 02:00


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Ethereum has Yet to Reach a Critical Support Zone; Will It Tap $300?

Ethereum’s price action has been nearly identical to that of Bitcoin throughout the past couple of days This caused the crypto to dip as low as $318 yesterday, at which point buyers stepped up and catalyzed from strong momentum This pushed the cryptocurrency up to highs of $340, which is where it found some resistance ETH is now caught within a bout of sideways trading, and its price is offering few signs of clarity to […] дальше »

2020-9-25 00:00


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This Grim Technical Pattern Suggests Ethereum May Plunge to $240

Ethereum has seen a strong rebound from its recent lows, which has allowed it to outperform Bitcoin and most other digital assets throughout the past day This rebound has led it from lows of $320 to highs of over $380 Bulls are now vying to push the crypto back into the $400 region, which could allow it to reclaim its bullish market structure and see further upside One analyst doesn’t believe this is going to […] дальше »

2020-9-11 23:00