Ethereum Burn Rate Could Destroy $5 Billion Per Year

It has now been almost a week since the Ethereum London upgrade launched and over 20,000 ETH have been destroyed, giving analysts an estimation of a yearly burn rate. The post Ethereum Burn Rate Could Destroy $5 Billion Per Year appeared first on BeInCrypto. дальше »

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Bitcoin Transaction Volume Up 94% In A Week As On-Chain Activity Hits Record low: What This Means For BTC’s Trajectory

The weekly Bitcoin transactional volume is up 94% with the network seeing $9. 1 billion of value transacted per day. Although the transaction volume rose sharply last week, the network is seeing a relatively low transaction count at the rate of 200k transactions daily according to Glassnode analysts. дальше »

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Bitcoin closes strongest weekly candle since April

Bitcoin made gains of 12.5% last week and various analysts are now predicting a…

The post Bitcoin closes strongest weekly candle since April appeared first on Coin Journal.

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Is The Prevailing Rally A Fakeout or Real BTC Rally? Why Recent 50% Tanking Explains The Former

During the weekend, Bitcoin recorded the largest single-day price pump of 12.5% in a single day in the last six weeks and the entire crypto market added more than $100 billion in value. The recent pump largely defies the expected bearish trend late last week, causing speculation by some analysts that it was a fake-out pump […] дальше »

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Amid Extremely Divided Bitcoin Market, HODLers Show Remarkable Resilience

The Bitcoin market is currently indecisive on a bullish or bearish path, and this may exacerbate crypto volatility, says Glassnode analysts in their Monday analysis of the BTC on-chain activity. Even as the market continues to ponder the Grayscale GBTC unlock, the Purpose ETF product and over-the-counter inflows went down last week, which suggests low […] дальше »

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Ethereum and Cardano: When does the Altseason start?

After a week of steep volatility and correction, altcoin prices appeared to be stabilizing. Several cryptocurrency enthusiasts and analysts projected an upcoming alt-season. Although the month of May-The post Ethereum and Cardano: When does the Altseason start? appeared first on AMBCrypto. дальше »

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Grayscale’s $1.5 Billion GBTC Unlock Nears – Why Analysts Are Predicting An Unfavorable Impact On Bitcoin Price

Bitcoin leads calmly this weekend tightly ranging between $33,000 and $34,500 ahead of this week’s unlocking of Grayscale Bitcoin Trust (GBTC) shares. The tight squeeze is closely linked to uncertainty by most investors who prefer not to take a side until the activity is concluded, a usual phenomenon with markets. Most Altcoins have also maintained […] дальше »

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Bitcoin: another 5-6% rise was possible over the coming sessions, IF...

A bullish start to the week saw Bitcoin shake off some weekend selling pressure as prices continued their upward push. While several analysts have still flagged short-term risks associated with BTC's The post Bitcoin: another 5-6% rise was possible over the coming sessions, IF... appeared first on AMBCrypto. дальше »

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Why the 'spring effect' applies to Bitcoin's price movements

Over the past week, multiple industry analysts and Bitcoin supporters discussed why they believe that amidst a bearish market, it was important to focus on Bitcoin’s long-term price movements. AddinThe post Why the 'spring effect' applies to Bitcoin's price movements appeared first on AMBCrypto. дальше »

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Goldman Sachs analysts divided over whether Bitcoin is an 'investable asset class'

Goldman has flip-flopped again declaring crypto assets as unworthy of investment in the same week it expands its crypto trading desk. дальше »

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Amid Heavy Selling By Miners, Analysts Brace For Further Bearish Momentum

Activity on the Bitcoin network is beginning to ebb due to lack of clear signs as to the market direction, claims Glassnode, a popular blockchain analytics firm. Despite earlier reports that more whales were accumulating, data shows the demand for Bitcoin and Ethereum has “fallen drastically” in the past week. According to Glassnode, the BTC […] дальше »

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Crypto markets tumble after miners unload 5,000 BTC in one week

With Bitcoin’s price consistently trending below its 200-day moving averages and heavy selling identified among miners, some analysts are bracing for further bearish momentum. дальше »

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Ethereum, Cardano and XRP: Analysts bet that these alts could pull this off

Amid the broader market correction in the crypto-space, the three evergreen altcoins, from the top 10, managed to stand out this week. As the global market's capitalization hardly recorded any differeThe post Ethereum, Cardano and XRP: Analysts bet that these alts could pull this off appeared first on AMBCrypto. дальше »

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As The Market Struggles To Recover, Here Are 5 Cryptocurrencies Redditors Are Buying

Investor concerns about volatile technology stocks have been heightened by the wild collapse in cryptocurrency prices over the last week. Market analysts such as Cathie Wood, whose business, Ark Investment Management, is said to have the largest institutional investment in cryptocurrencies, have dismissed the recent drop in value of digital assets as a temporary setback, […] дальше »

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This fact makes Ethereum's current rally different this way

Ethereum's rally to $3000 has more volatility than observed last week. In the past 24 hours, the price was up over 9%. Despite this according to analysts, Ethereum continues to remain undervalued. дальше »

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German bank that went nearly bankrupt in 2019 says Bitcoin is ‘wishful thinking’

Last week’s crypto market meltdown has proved yet again that “the value of Bitcoin is entirely based on wishful thinking,” according to a research note recently published by Deutsche Bank analysts. дальше »

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Alameda Research: Over-Leveraged Liquidations Fueled Crypto Markets Bloodbath

As the global crypto markets try to recover from the latest bloodbath that saw the value of the global cryptocurrency markets crash significantly below the psychological $2 trillion this week, analysts have revealed that the correction was not entirely caused by Elon Musk’s actions or the latest China crypto ban, but largely due to liquidationsRead More дальше »

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Another first for Ethereum that every trader needs to be aware of

Trading above $3200 level, on-chain analysts would agree that Ethereum is no longer undervalued. The altcoin's price was up nearly 30% in the past week and market capitalization is rising. The altcoinThe post Another first for Ethereum that every trader needs to be aware of appeared first on AMBCrypto. дальше »

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Here’s why Bitcoin (BTC) price is struggling this week as Ethereum (ETH) hits new highs

Bitcoin (BTC) price is trading about 3% lower this week as it faces mild selling pressure, following a strong push higher in recent weeks.  BTC price could decline 50% in the short run, says Guggenheim CIO Bitcoin price has corrected lower in the past two weeks as industry experts and analysts warn of an oversaturation […] The post Here’s why Bitcoin (BTC) price is struggling this week as Ethereum (ETH) hits new highs appeared first on Invezz. дальше »

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A Decrease In Bitcoin Whales Suggests A Bear Market Is Due

Bitcoin price is sinking slowly from highs set over a week ago now, and bullish momentum is showing signs of waning. The peak of the bull market isn’t expected by most analysts for some time, however, a sizable reduction in BTC wallets with a balance of 1K or more coins, could be signaling a bear market is coming sooner than they expect. дальше »

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Huge Volume Of Buying Pressure Coming Into Bitcoin – Even At $60k

The long-awaited recovery, expected to push Bitcoin to a new all-time high, happened almost exactly as analysts’ predicted. The leading cryptocurrency would hit a new all-time high of $61,800 after bulls regained momentum earlier this week and set out to break previous resistance turned support at $50,000. дальше »

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THETA price analysis: going to $10, or was it all just a pump and dump?

THETA (THETA) is has been trending up exponentially in the past week, with its price reaching an all-time high of over $8. What is the reason for this move, and should you consider buying some THETA now? Fundamental analysis: analysts conflicted on where THETA will end up THETA has been skyrocketing in recent days, with […] The post THETA price analysis: going to $10, or was it all just a pump and dump? appeared first on Invezz. дальше »

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Here’s What Analysts Are Saying About Bitcoin’s Plunge To $46,000

Bitcoin’s new all-time high of $58,000 attained a week ago was short-lived as two days later, prices tumbled and Bitcoin lost more than a fifth in value before a mild correction temporarily revived the market. дальше »

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Bitcoin Mining Revenue Hits New All-Time-High of $354 Million 

The weekly mining revenue of global bitcoin miners hit a new all-time-high of $354. 4 million last week. Analysts say the new record is partly due to the surge in the price of the digital currency coupled with the skyrocketing network fees, according to reports on February 15, 2021. дальше »

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2 Key Reasons Why Analysts Expect a Strong Bitcoin Breakout Here

Bitcoin has finally begun to move higher after much consolidation over the past week. The cryptocurrency trades for $36,000, having moved 3% higher in the past day. The cryptocurrency is likely preparing for a stronger breakout, analysts say. дальше »

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Bitcoin Momentarily Drops Below $30K – Analysts Reveal Crucial Asset Push Level

Bitcoin dipped below the $30k price level to $29,367 after more than a week of high volatility. The top coin has however quickly regained its level above $30k, to trade at $30,389 at the time of writing. дальше »

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Incoming Wave Could See Bitcoin Lose 50% Of Its Current Price Or Spiral In Gains

Bitcoin has had an interesting run this past week. Although failing to reclaim the $42,000 high, it still remains promising as analysts observe an incoming volume around the $35k level. The digital asset is currently trading at a press time price of $34,915, a lower correction from last week’s $37,394 high. Bitcoin has been facing […] дальше »

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Bitcoin Just Passed $40,000: Here’s What Investors Are Saying

Bitcoin just passed $40,000 after falling to $30,000 earlier this week. The cryptocurrency rocketed past this key support level in a rally on Thursday morning, eclipsing short-term price targets by many analysts. дальше »

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Why Bitcoin Trading Below $28,000 Is Nearly Impossible

Time and time again, analysts use market maturation as yardsticks for where Bitcoin is headed. Sometimes these indicators are used to set the bar on the levels Bitcoin is unlikely to trade at. Per reports from last week, a popular analyst placed the bar at $20,000; a price mark that Bitcoin only managed to attain […] дальше »

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Bitcoin Finds Local Bottom as Analysts Point to Signs of Strength; What’s Next

Bitcoin and the entire cryptocurrency market have seen mixed price action throughout the past week It has mainly favored bears, with the selling pressure seen when BTC broke below $40,000 being quite significant This led the entire market to plunge lower, but bulls are now in the process of reversing this decline as they push […] дальше »

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Bitcoin Plunges As Low as $34,500: What Are Analysts Saying?

Bitcoin plunged as low as $34,500 on Bitstamp just minutes ago as buying pressure finally began to subside heading into the weekend. After peaking at $42,000 late last week, the cryptocurrency’s price action began to taper off heading into the weekend. дальше »

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Bitcoin’s Next Impulse Move Could Send It Rocketing to $40,000: Analyst

It has been on a wild ride the past few weeks, with buyers being in full control of its price action as it continues rising on a nearly daily basis Where it trends in the mid-term will undoubtedly depend on whether or not it can continue printing higher lows each week Some analysts do believe […] дальше »

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How Bitcoin Is The Solution To What One Billionaire Calls America’s Greatest Risk

Bitcoin has been trading over $20,000 for well over a week now, resulting in more mainstream media coverage, and a wider scope of coverage in the world of finance. It has caused investors, analysts, and billionaires of all kinds to be questioned on their thoughts about the trending cryptocurrency. дальше »

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Analysts Eye $700 as Ethereum Pushes Toward $600

Ethereum has begun to bounce strongly since last week’s lows, correlating with a move higher in the price of BTC. ETH currently trades for $590, though moved extremely close to $600 earlier today. дальше »

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Bitcoin is Resting on a Crucial Support Level; Here’s What Analysts are Saying

Bitcoin and the entire crypto market stalled following the decline seen yesterday afternoon, with bull stepping up and slowing the descent This has marked a continuation of the bear-favoring trend seen throughout the week, as the cryptocurrency has been facing tremendous selling pressure This all began when BTC first broke below $19,000, as this has long been a pivotal level for the cryptocurrency Where the crypto trends in the mid-term should depend largely on where […] дальше »

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JP Morgan Analysts Explain Why Bitcoin Price is Falling

Bitcoin has plunged by almost 9 percent after establishing its new record high near $20,000 last week. And a team of quantitative strategists at JP Morgan & Chase believes that gold is behind the flagship cryptocurrency’s corrective price move. дальше »

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Analysts Eye Ethereum Move to $800 as ETH2 Upgrade Nears

Ethereum is exploding higher as Bitcoin has pushed to new year-to-date highs just shy of $20,000. The price of the leading cryptocurrency currently is $615, slightly below the year-to-date highs but far above where it was just a week ago. дальше »

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J.P. Morgan Analysts Foreshadow Further Bitcoin Declines

For context, the bitcoin (BTC) price started off last week with a significant increase, arriving at a new yearly high of $19,500 before suffering a sharp (almost 14%) drop on Nov. 26. The decline coincided with Black Friday, as BTC/USD fell at roughly the same time as the famous discount shopping day, leading many to … Continued The post J. дальше »

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Analysts Think Bitcoin is Running Up Against a Key Resistance Level

Bitcoin has finally begun to strongly recover since last week’s lows near the $16,200 region. In the past 48 hours, the coin surged from the $17,000 region to $18,500 — the highest the coin has traded at in many days. дальше »

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XRP Sees Massive Retrace, But Analysts Remain Optimistic

XRP has been on a roller-coaster of a ride throughout the past few days and weeks, with the crypto randomly breaking out of a multi-year trading channel earlier this week that allowed its price to ascend as high as $0. дальше »

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Blockchain is good for hodling, but not for voting: Bad Crypto news of the week

Analysts make a slew of wild predictions as Bitcoin continues its moon mission in this week's Bad Crypto podcast

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Analyst Predicts Crypto Altseason Coming Early Next Year

Strong moves from Bitcoin this week have rekted altcoins in the process. In the last 24-hours, the leading crypto posted +8% gains to $18. 2k. With its current run of form, many analysts expect Bitcoin to break its previous all-time high soon. дальше »

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Chainlink Forms Crucial Ascending Triangle as Analysts Eye Move to $15

All eyes are on Chainlink (LINK) as the altcoin market resumes its recovery. The price of the leading cryptocurrency has gained 25% in the past week, reclaiming the $13 support as buyers have flooded back in. дальше »

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Bullish Pennant Predicts Ethereum Will Soon Shoot Towards $500

Ethereum has consolidated since hitting the $465 highs last week. It is neither up nor down in the past 24 hours. Still, analysts say that Ethereum is primed to move even higher in the weeks ahead. дальше »

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Analysts Eye Bitcoin Move Past $16,000 as Buying Pressure Continues

Bitcoin has dropped since its highs of $15,975 set last week. The coin trades for $15,300, which is still far above the lows of $14,300. Analysts think that Bitcoin could resume its ascent above $16,000 in the coming days as the price holds the $15,000 region. дальше »

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Why Ethereum Is Primed to Move Higher Despite Drop From $460 Highs

Ethereum has faced a drop since the $465 highs it reached last week when Bitcoin broke toward $16,000. ETH trades for $445 as of this article’s writing. Still, analysts remain confident in the cryptocurrency despite the recent price weakness. дальше »

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Ethereum Just Posted a Strong Weekly Close as Analysts Eye Upside

Ethereum has been consolidating alongside Bitcoin for the past few days, with bulls and bears currently locked in a heated battle as its price trades around $450 Where the market trends next will depend largely on whether or not Bitcoin can stabilize or move higher Global stock market volatility as a result of the vaccine news may also play a role in BTC’s price action in the week ahead Because ETH is a higher beta […] дальше »

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Bitcoin Is Primed to See 10% Jump, Says Analyst Who Called V-Shaped Bounce

Bitcoin has faced a retracement since hitting the highs of $15,975 last week. BTC currently trades for $15,400. Analysts remain confident in the short-term prospects of Bitcoin. The same trader that in the middle of March predicted that Bitcoin would see a strong V-shaped reversal to $10,000 by May or June is bullish. дальше »

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These Five Signs Indicate Ethereum Could Soon Surge Against BTC

Ethereum has recently started to break higher against Bitcoin. ETH is up around 15% against BTC over the past week. Its rally has shown analysts that there may be a time for altcoins to rally in the coming weeks or months. дальше »

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Despite Drop From $16k High, Bitcoin’s Weekly Chart Is “Convincing”

Bitcoin has dropped since the highs of $15,975 set in the middle of last week. The price of the leading cryptocurrency currently trades for $15,200 but traded as low as $14,300 on Saturday. Despite the drop, analysts believe that the cryptocurrency remains on an upward path. дальше »

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