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Bitcoin Market Hits Neutral State: Bull And Bear Fight Brewing At The Same Time

New data from CryptoQuant has shown that the Bitcoin market might have hit a neutral position. There has been a recurring pattern of whale and retail selling taking place for the past months. The result of this is what the CEO of CryptoQuant, Ki-Young Ju interprets to be a sideways market movement. Multiple data reveals […] дальше »

2021-6-20 11:44


Ripple’s XRP Hits One-Month High on Exchange Re-Listing Prospect

Ripple’s native blockchain asset XRP surged to its one-month high on Monday as traders grappled with the prospects of its re-listing on cryptocurrency exchanges. The seventh-largest cryptocurrency experienced a dramatic decline in recent months after the US Securities and Exchange filed a lawsuit against its parent company, Ripple Labs, for its alleged role in selling […] дальше »

2021-3-23 16:00


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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


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SEC Commissioner Peirce Weighs in Defi Token Regulation Debate: Panel Predicts Defi Will Self Correct in Twelve Months

The U. S. Securities and Exchange Commissioner, Hester Peirce says while defi tokens carry some equity-like benefits, she believes that giving something away is distinct from selling something. As a result of this lack of clarity, Peirce says questions about the regulatory structure and how these tokens could affect corporate governance will continue to linger. дальше »

2020-10-9 02:15


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Analyst: Chainlink Looks “Weak and Heavy” as It Flashes Signs of Bearishness

Chainlink has witnessed some intense selling pressure throughout the past couple of days, with the cryptocurrency being unable to mirror the gains seen by Bitcoin today. These losses have struck a blow to its technical outlook, potentially opening the gates for it to see further downside in the coming weeks and months. While speaking about […] дальше »

2020-9-16 02:00


A Major Source of Bitcoin Selling Pressure Just Disappeared, Boosting the Bull Case

The PlusToken Ponzi Scheme has long been a thorn in the side of the crypto market It now appears that the ring leaders behind the now-defunct scheme have all been arrested, meaning that they won’t be able to offload their massive crypto holdings Many analysts have pinned major selloffs in previous months on token sales coming from this source Now that this isn’t a factor, the crypto markets may be able to rally with greater […] дальше »

2020-7-31 02:00


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Bitcoin Open Interest Sets Fresh Highs as Analysts Watch for Fireworks

Bitcoin is currently pushing higher as it begins recapturing its share over the aggregated crypto market Its current strength may not be enough to surmount the heavy selling that exists at its high time frame resistance at $9,500 This is the first notable movement BTC has posted in weeks, although its previous surges to this region have proven to be fleeting Where the crypto trends in the months ahead may depend largely on whether buyers […] дальше »

2020-7-22 02:00


Crypto Price Action Sports Uncanny Resemblance to Bitcoin Bear Market Bottom

After an early 2019 parabolic rally, Bitcoin has spent the last few months locked within a vicious downtrend that’s seen nearly 50% of the crypto asset’s value eliminated. But after months of sustained selling, crypto analysts have begun to watch for signs a bottom may be forming, and according to one prominent trader, Bitcoin price. дальше »

2019-12-10 20:00


70% of Bitcoin-Interested Investors are Parents; Will This Fuel Long-Term Uptrend?

Bitcoin (BTC) and the aggregated crypto markets have been facing a bout of selling pressure as of late that has tempered the uptrend that the markets incurred over the past several months. Despite this, analysts were quick to note that the recent uptrend was not driven by an influx of new market entrants, which may. дальше »

2019-7-26 01:00


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Bitcoin Price Analysis: Could Three Times Be the Charm for This Resistance Level?

Bitcoin remains in its tightly coiled range as the market continues its sideways trend for the third week in a row. While macro support has been tested three times recently, we have yet to test the overhanging macro resistance:Figure 1: BTC-USD, Daily Candles, Narrow RangeThe blue zone outlined above shows a very strong zone of support that, over the last few weeks, has seen three strong tests and has led to a slowly upward-drifting market consolidation. дальше »

2019-3-16 01:56