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Weekly Bitcoin and Cryptocurrency Market Analysis

Simon Peters, market analyst: Bitcoin Teases Us At $12,000  Suffice it to say, it was a busy week, with mixed performance in equity markets and odd – but not unpromising – movements for bitcoin. The FTSE All-Share index and the STOXX600 both recorded steady rises, while the S&P500, which started the week at 3,352, took a turn for the worse on Wednesday. дальше »

2020-8-18 11:28


DeFi’s Explosive Growth Curve Hits Nearly $12B Market Cap, As Yield Farming Frenzy Continues

The decentralized finance (DeFi) ecosystem is blooming as both the total market capitalization and total value locked (TVL) on these platforms, set record highs over the weekend. The market cap of DeFi-based tokens is nearing an impressive $12 billion mark after an explosive 62% weekly increase in Chainlink (LINK) price, which set an all-time high […] дальше »

2020-8-10 15:34


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BTCS Crypto Portfolio Expands Over 280% in Q2 2020 Amid COVID-19 Pandemic

While many institutions struggled to recover from the market downturn experienced in March, publicly traded, blockchain focused firm BTCS Inc. (OTCQB: BTCS) has increased its portfolio by 285% in Q2 2020, through well timed investments in both Bitcoin (BTC) and Ethereum (ETH), and crossed the $1 million mark for cryptocurrency asset under management (AUM). дальше »

2020-7-24 17:30


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Bitcoin OI Just Hit a Multi-Month High, Suggesting Fireworks are Inbound

Bitcoin’s intense consolidation phase is now approaching its fourth month The cryptocurrency is still offering little insight into where it might go once this trend breaks It also remains unclear as to what could catalyze this range to break, and both buyers and sellers have been increasingly moving to the sidelines as of late One factor to observe in the near-term is the massive amount of outstanding open interest within the market This metric currently […] дальше »

2020-7-17 21:00


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Chainlink Hits Yet Another All-Time High, Tops Ethereum’s Search Volume

Both fundamentally and technically, Chainlink (LINK) is Bullish on all levels. Yesterday it was reported that LINK had made another record-breaking move to become the 8th largest cryptocurrency by market capitalization, and while Chainlink saw a slight decline in market cap bringing it down to the 9th place, LINK still closed as one of the […] дальше »

2020-7-15 18:04


Bitmain Losing its Market Share as Customer Base Moves More and More Out of China: BitMEX Report

“Competition has tightened within the ASIC manufacturing industry,” stated BitMEX in its latest research report noticing the presence of big players like Bitmain, Canaan, Ebang, and MicroBT. According to the report, post halving, both the ASIC manufacturing and mining farm operating sector will consolidate further. дальше »

2020-6-17 22:22


Ethereum Posts Breakout Rally as Analysts Set Upside Targets at $290

Ethereum has been able to incur some notable upwards momentum throughout the past day. This has come about after weeks of it severely underperforming both Bitcoin and the aggregated crypto market. It now appears that the cryptocurrency could be positioned to see even further gains in the near-term, as this latest movement has provided its... дальше »

2020-5-30 00:00


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50% of Bitcoin CME Open Interest is Set to Expire Friday; What This Could Mean

The CME’s Bitcoin futures and options contracts have been seeing booming popularity in recent times This has led the open interest on the platform to rocket, with this growth being driven by an influx of institutional and professional traders to the market 50% of this open interest for both options and futures are set to expire on Friday, however, and this could lead traders to roll over their contracts to future months This could catalyze […] дальше »

2020-5-27 21:00


Despite COVID-19 crisis, one analyst says Bitcoin’s macro case has “never been more obvious”

Both Bitcoin and the equities market have mounted a strong comeback from their lows, but there are still storm clouds brewing on the horizon for the economy and for society more broadly. The post Despite COVID-19 crisis, one analyst says Bitcoin’s macro case has “never been more obvious” appeared first on CryptoSlate. дальше »

2020-5-22 21:00


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Fund Manager: Bitcoin’s Perfect Storm Is Here Because of “Reckless” Fed

Since the crypto bubble of 2017 that brought Bitcoin from under $1,000 to $20,000 in a year, analysts have been wondering what will spark the next rally. Many have put their faith in the Bitcoin block reward halving, which came to pass earlier this week, but more and more are becoming convinced that it is (somewhat ironically) central banks and governments that will start the next bull market to all-time highs for both gold and Bitcoin. […] дальше »

2020-5-19 15:00


Bitcoin May Get Massive Boost as Democrats Propose $3 Trillion in Extra Stimulus

Both Bitcoin and the stock market have recovered strongly since the March lows, but the “real” economy is not in a good place. As Chamath Palihapitiya — one of the first Facebook executives and a prominent venture capitalist — said in a recent CNBC “Squawk Box” interview, the economy is now far removed from capital markets.... дальше »

2020-5-14 04:07


Why are stablecoins' market shares increasing rapidly, despite a recession scare?

Stablecoins have been the topic of discussion for quite some time now, especially since the start of 2020. Although Coronavirus takes the spotlight, both are not mutually exclusive. The ripples of COVThe post Why are stablecoins' market shares increasing rapidly, despite a recession scare? appeared first on AMBCrypto. дальше »

2020-5-5 18:00


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Ethereum Taps a “Structure Defining” Level as Traders Foresee Major Downside

Ethereum’s recent decline has led it down to $200 as it continues underperforming both Bitcoin and many of its other peers Analysts are now noting that the crypto is trading at a “structure defining” level Its technical weakness may be enough to define its market structure as being bearish, thus catalyzing further near-term losses Ethereum has continued underperforming the aggregated cryptocurrency market as it drifts down to its key support at $200, leading analysts and […] дальше »

2020-5-5 23:00