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Ethereum Bulls Defend Crucial Support, But Outlook Remains Gloomy

Despite navigating down towards its crucial support at $220, Ethereum’s buyers were able to defend against a break below this level The cryptocurrency now appears to be well-positioned to maintain above this level in the near-term, as buyers are currently ardently defending another crucial support level That being said, on its daily chart the cryptocurrency does appear to be flashing some signs of overt weakness One group of analysts recently noted that the recent break […] дальше »

2020-7-2 23:00


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As Jobless Claims Soar, Bitcoin’s Mid-Term Outlook Remains Gloomy

The United States has seen rocketing unemployment, and it does not appear that this trend is slowing down even as many states and cities begin reopening This signals that the recent shutdowns have done severe damage to the economy, despite the stock market sitting around its all-time highs New data shows that although the number of new jobless claims has dipped slightly in recent times, its decline has not yet been emblematic of any sort […] дальше »

2020-6-26 02:00


Bitcoin’s On-Chain Indicators Flash Buy Despite Price Stagnation

Despite Bitcoin’s current price stagnation, on-chain indicators favor the bulls, with most holders remaining unphased by market volatility. Bitcoin’s Ambiguous Technical Indicators The technical outlook for the flagship cryptocurrency remains... The post Bitcoin’s On-Chain Indicators Flash Buy Despite Price Stagnation appeared first on Crypto Briefing. дальше »

2020-6-20 21:57


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Bitcoin Remains Poised to See Explosive Rally to $11,000 Despite Recent Plunge

After facing an intense influx of selling pressure yesterday, Bitcoin has been able to recover some of its recent losses as it navigates back into the mid-$9,000 region The cryptocurrency is showing some signs of strength due to the rebound seen from its overnight lows Analysts do not believe that this recent movement was enough to invalidate its macro strength, and some are still offering near-term targets as high as $11,000 In order for this […] дальше »

2020-6-13 21:00


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Ethereum’s Macro Bear Structure Strengthens as Analysts Eye a Massive Decline

Ethereum has been able to maintain above $200 despite the recent turbulence seen within the aggregated crypto market This outperformance of Bitcoin has allowed it to gain some strength on its embattled BTC trading pair ETH is still in a precarious position, however, as analysts are noting that its macro bear structure still remains strong Analysts are also widely flipping short on ETH, with some anticipating massive downside Ethereum’s price action has been largely lackluster […] дальше »

2020-5-26 23:00


This One Trend Could Be a Precursor to An Even Bigger Bitcoin Rally

Despite the retracement since Friday’s $6,900 top, Bitcoin remains decisively higher than it was three days ago, when it was wallowing in the low-$5,000s as investors feared a deeper crash.  According to a prominent cryptocurrency trader, a trend has appeared on BitMEX’s futures market that suggests bulls remain in control. BitMEX’s Funding Rate Signals Good... дальше »

2020-3-22 08:17


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Despite 25% Correction From Bitcoin’s Peak, Top Analyst Still Expects a Great 2020

Despite the slight recovery, Bitcoin remains decisively down on the week, trending far lower since the $9,200 high was established on Saturday. In fact, from the local top, the cryptocurrency has lost 12%, and over 25% since February’s $10,500 top, dramatically underperforming traditional markets in the same time period. дальше »

2020-3-11 05:56


Despite Lunch with Sun, Buffett Still Denies Bitcoin’s Legitimacy

Warren Buffett remains skeptical about cryptocurrencies despite on-chain analytics revealing parabolic growth and industry leaders’ best attempts. Cryptocurrencies Have “Zero” Value, Says Buffett Justin Sun, the CEO of TRON and...The post Despite Lunch with Sun, Buffett Still Denies Bitcoin’s Legitimacy appeared first on Crypto Briefing. дальше »

2020-2-25 19:04


Ethereum price plummets despite strong network activity growth

Ethereum’s intense uptrend seen throughout 2020 reached a boiling point in early-February, with ETH’s break above $200 allowing it to incur parabolic momentum that led it to highs of $290. Although the crypto has retraced from these highs, its mid-term market structure still remains firmly bullish, and many analysts are now noting that this will […] The post Ethereum price plummets despite strong network activity growth appeared first on CryptoSlate. дальше »

2020-2-20 09:00


Ethereum, other programmable blockchains now sharing higher correlation with each other

The cryptocurrency market embraced the new year by breaking out of dormancy to enjoy the market's gains. Despite some corrections setting in, the positive outlook of the entire crypto-market remains uThe post Ethereum, other programmable blockchains now sharing higher correlation with each other appeared first on AMBCrypto. дальше »

2020-1-23 18:30


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Blockchain, 5G, and Supercity Projects to Help China Revive Economic Growth

Down but not out — that’s the state of the Chinese economy as it stands today amidst the prolonged trade war against the United States. Despite all the challenges, the communist regime under President Xi Jinping remains committed to going a step up in the rankings to make China the largest economy in the world, […] The post Blockchain, 5G, and Supercity Projects to Help China Revive Economic Growth appeared first on BeInCrypto. дальше »

2019-12-25 03:26


Ripple Price Analysis - Transactions and active addresses slump

Fundamentals show decreasing transactions with decreasing active addresses over the past year, despite the numerous RippleNet partnerships and announcements. It remains difficult or impossible to determine if institutional or remittance use cases are reflected in the current on-chain metrics, or if these metrics are fueled purely by speculative demand. дальше »

2019-12-9 14:01