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Bitcoin’s Strong Monthly Close Indicates October Will be a Green Month

Bitcoin’s recent bout of consolidation is still ongoing, but bulls appear to be in the process of attempting to break this trend The cryptocurrency is currently pushing towards its $11,000 resistance, which is a positive sign that indicates a test of this level may be imminent That being said, where it trends in the days and weeks ahead may depend largely on whether or not it can continue holding above some key levels One analyst […] дальше »

2020-10-2 21:00


Bitcoin’s Momentum Stalls, But Negative Funding Gives a Boost to Bulls

Bitcoin’s upwards momentum has stalled following the promising push higher seen yesterday This allowed the cryptocurrency’s price to surge up towards $10,800, which is where it met some serious resistance that slowed its uptrend Despite rejecting at this level, the subsequent downtrend has not been that intense, indicating that bulls may still have some underlying strength One analyst is noting that although BTC is beginning to look bearish, the fact that funding rates are still […] дальше »

2020-9-26 21:00


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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


Here’s How Stock Market Turbulence Could Crush Bitcoin Short-Term

Bitcoin has been trading in close tandem with equities throughout the past several days Heightened correlation to risk-on assets is a common BTC trait during times of immense global turbulence Although this strikes a blow to its safe-haven narrative, the cryptocurrency still has a long way to go before it fully decouples with the traditional markets This global economic turbulence that is weighing on Bitcoin may only get worse as the year drags on and […] дальше »

2020-9-23 02:00


Ethereum May Crash to $300 Support as Selling Pressure Grows Heavy

Ethereum is currently oscillating between highs of $345 and lows of $336 as its bulls and bears reach an impasse The cryptocurrency has been unable to see any relief following the massive influx of selling pressure that stopped it from seeing any further gains It is still trading well above its multi-week lows of $320, but growing weakness is putting its current stability in jeopardy One analyst explained in a recent tweet that he expects […] дальше »

2020-9-23 23:00


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Traders Flip Short on Chainlink as It Flashes Some Major Warning Signs

Chainlink has been caught within a prolonged consolidation phase throughout the past few weeks, with the cryptocurrency largely trading between $12.00 and $12.70. This consolidation has done little to offer insights into its near-term outlook, as its bulls are still reeling from the damage done to its market structure following the $20.00 rejection. Analysts are […] дальше »

2020-9-13 04:00


Bitcoin is Gearing Up for a Major Push Lower as Analysts Eye $9,600

Bitcoin’s inability to break above $10,500 speaks to some underlying weakness amongst the cryptocurrency’s bulls It also shows that the bears still have the edge over the benchmark crypto’s price action, which could mean that a break below its key support between $9,900 and $10,000 is imminent BTC is currently caught within a consolidation phase, being unable to find any strong momentum following the recent rejection Analysts are growing bearish on its near-term outlook, with […] дальше »

2020-9-12 02:00


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Judge Dismisses $200M Damages Claim in SIM-Swap Crypto Lawsuit Against AT&T

A California judge has dismissed the $200 million in damages claim against the telecom giant AT&T for alleged negligence and fraud. The judge still ruled the telecom company had to answer the lawsuit by Michael Terpin for enabling the theft of $24 million worth of his cryptocurrency after a company agent gave his sim card […] The post Judge Dismisses $200M Damages Claim in SIM-Swap Crypto Lawsuit Against AT&T appeared first on Bitcoin News. дальше »

2020-9-11 17:00


As Bitcoin Consolidates, Here are the Crucial Levels that Will Determine Its Future

Bitcoin has seen a strong rebound from its recent lows, but the cryptocurrency still remains caught within a firm consolidation phase between $9,900 and $10,300 The benchmark crypto is currently testing the upper boundary of this range, but its momentum is somewhat tempered at the moment and appears to be faltering Whether or not it can push any higher in the near-term may depend almost entirely on how it reacts to $10,300 One analyst is […] дальше »

2020-9-10 02:00


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Is Litecoin (LTC) a buy or sell in September?

Litecoin bulls are focused on breaking short term resistance at $50 If the price jumps above $50 it would probably reach $55 in the short time period The price of Litecoin is correlated with the price of Bitcoin Bitcoin is currently trading at $10,250 after defending the $10,000 level again We can say that the cryptocurrency market has stabilized, there is no big price movement in the last several wees and according to technical analysis, the neutral trend is still intact. дальше »

2020-9-10 01:25


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Ethereum Struggles to Reclaim $400, But Bulls May Be Building Up Strength

Ethereum has seen some mixed price action throughout the past 24-hours Despite diving as low as $375 at one point yesterday, the cryptocurrency was able to post a massive rebound that allowed it to climb back up towards $400 It has been consolidating ever since, being unable to firmly surmount this level – signaling that there is some resistance here One trader is noting that although it has shown some signs of weakness, it still […] дальше »

2020-9-5 23:00


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Market Update: Blood in the Crypto Streets, Bitcoin Miner Dumps, CME Gap, Defi Doldrums

The cryptocurrency economy slid significantly on Thursday afternoon (ET), as the aggregate market cap of all the crypto coins shaved more than 10% during yesterday’s trading sessions. More than 12 hours later, a number of the top crypto assets are still down in value between 4-12%, and some digital coins saw even bigger losses during […] The post Market Update: Blood in the Crypto Streets, Bitcoin Miner Dumps, CME Gap, Defi Doldrums appeared first on Bitcoin News. дальше »

2020-9-4 18:45


Bitcoin is Worthless in Long-term, Says Veteran Stock Analyst

Bitcoin may have rallied better than global stocks in 2020, but a veteran analyst still looks at the cryptocurrency as an asset without any value. James Royal, senior reporter for investing and wealth management at Bankrate – a New York-based financial advisory portal, called Bitcoin worthless in the long-term because it does not generate cash flow […] дальше »

2020-9-4 14:00


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The significance of Bitcoin Centrists and why more Bitcoiners are transitioning from maximalism to Centrism

In the ever-changing world of cryptocurrency, it is not foreign that the crypto-community is divided into different denominations. Even though Bitcoin is still in its early stage, most Bitcoiners have taken their respective titles and aligned with the denominations that best describe their Bitcoin ideologies. дальше »

2020-9-3 16:12


Analyst: Ethereum Likely to Plunge Towards $320 After Tapping This Key Level

Ethereum has been closely tracking Bitcoin’s price action throughout the past few weeks, although it has been able to outperform the crypto in recent days The cryptocurrency is currently trading up significantly from recent lows of $379 that were set during its recent selloff While BTC remains below its pre-selloff highs, Ethereum has been able to surge past them Despite this strength, analysts are still noting that the crypto may plunge into the lower-to-mid $300 […] дальше »

2020-8-30 22:00


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Winklevoss Twins: Undervalued Bitcoin Could Hit $500,000 As It’s The Only Long-Term Hedge Against Inflation

If you think you have missed out on Bitcoin’s massive 2020 gains, you might want to think again. Cameron and Tyler Winklevoss, crypto billionaires, and the co-founders of the Gemini crypto exchange believe that the bellwether cryptocurrency still has more gas left in the tank as it is wildly undervalued at anything less than $500,000 […] дальше »

2020-8-29 23:09


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Analyst: Ethereum Likely to Plunge to $370 as It Reaches Key Resistance

Ethereum saw a sharp and sudden upswing yesterday that allowed it to post some notable gains The cryptocurrency has now resecured its position within the lower-$400 region, with bulls building major strength following the break above its key resistance level That being said, analysts are still noting that massive resistance that exists right around $408 may prove to be insurmountable in the near-term The selling pressure here may open the gates for ETH to see […] дальше »

2020-8-25 23:00


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Bitcoin’s Cloud Pattern Shows Bears May Still Be in Full Control

Bitcoin and the entire cryptocurrency market are currently bearing witness to relatively mixed price action While BTC has faced some intense selling pressure, it is important to note that bears have not invalidated any of its mid-term market structures As such, it remains well-positioned to see further near-term upside Despite this, one analyst is noting that the cryptocurrency’s cloud formation may spell some trouble for its near-term outlook, as it shows that it is still […] дальше »

2020-8-21 02:00


Here’s Why Bitcoin May Soon See a Sharp “Downside Flush” Despite Stability

Bitcoin has found some strong stability within the lower-$12,000 region following yesterday’s upswing Analysts are widely confident that it is currently caught within the early stages of its next bull run, which may ultimately lead it up towards its all-time highs Despite getting closer to these highs each week, there may still be some turbulence ahead for the cryptocurrency One analyst is noting that high funding rates for BTC on margin trading platform spell trouble […] дальше »

2020-8-19 21:00


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Here are the Levels Analysts are Watching That Will Determine Bitcoin’s Future

Bitcoin has been trading within a large  range throughout the past several weeks This has done little to offer investors with insights into the cryptocurrency’s mid-term trend That being said, bulls are now striving to break above the upper boundary of this range, with a confirmed and sustained break being an incredibly bullish sign for BTC Top traders are still expressing caution when it comes to the cryptocurrency’s short-term outlook One trader is noting that […] дальше »

2020-8-18 02:00