Tron, Decred, Bitcoin SV Price Analysis: 16 August

TRON and Decred were subject to strong upward moves over the past few days. Both coins indicated that it is likely they continue on their trajectory. Bitcoin SV stagnated and showed no sign of upward The post Tron, Decred, Bitcoin SV Price Analysis: 16 August appeared first on AMBCrypto.

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Bitcoin And Tesla Have Become Hot Favourites Among Americans Thanks To Their Outstanding Yearly Returns: TradingView

2020 has been a landmark year for both Tesla stock and bitcoin. The two assets have enjoyed spectacular price hikes in the course of the past seven months or so. These impressive strides have brought Tesla and bitcoin into the limelight especially among Americans.

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Crypto Tidbits: MicroStrategy’s $250m Bitcoin Purchase, Ethereum DeFi Boom, BitMEX KYC

Another week, another round of Crypto Tidbits. It’s been another volatile week for the Bitcoin market. In the past seven days, the leading cryptocurrency has traded at both $11,100 and $12,000, whipsawing between the levels as the price enters a consolidation.

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Bitcoin Could See a Major Breakout in The Coming Days; Here’s Why

Bitcoin has been stuck in a tight trading range throughout the past several days This has offered little insight into the cryptocurrency’s short-term trend, as both its buyers and sellers remain at an impasse As for where it may trend next, analysts now seem to believe that it is coiling up for a major breakout This could lead it well past $12,000 in the coming few weeks There are a few factors that suggest this […]

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Here’s Why Bitcoin Could Crush Altcoins in Coming Weeks

Altcoins have been posting exorbitant gains throughout the past few weeks, severely outperforming Bitcoin and most major digital assets This has come as both Bitcoin and Ethereum find themselves caught in prolonged consolidation phases just beneath their key near-term resistance levels Where they trend next may have heavy influence over the uptrends currently seen by smaller altcoins While speaking about this, one analyst explained that he expects BTC to crush altcoins in the coming weeks […]

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Silver Rallies to 7-Year High as Gold Follows Suit

Both silver and gold have been performing exceptionally well in the past few months. Although most eyes are on gold, analysts now argue that silver may surprise the market in the weeks ahead. The cryptocurrency market often correlates with precious metals.

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Bitfinex Exec: Ethereum Volume Consistently Exceeds That of Bitcoin

Things are going from good to better for Ethereum, the second-ranked cryptocurrency by market cap. Bitfinex CTO, Paolo Ardoino today tweeted that both spot, and perpetual, volumes for Ethereum have been consistently higher than Bitcoin during the past couple of days.

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XRP Posts Classic “Bearish Retest” Pattern as Analysts Eye Lower Lows

XRP has been able to post some notable gains throughout the past couple of days Its recent upswing has even come about as Bitcoin and Ethereum both reel lower as a result of their latest rejections Despite being laggard throughout the early phases of this rally, the embattled crypto is now looking strong Analysts are still cautious about its mid-term outlook, however, as this latest upswing could simply mark a “bearish retest” of the upper boundary […]

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Bitpatt.com, a Safe, Fast and Reliable P2P Crypto Exchange, Launches Operations

While there are many crypto exchanges, fear of hacking and theft has slowly crept into crypto traders due to many such past incidents. It makes sense to always be in control of one’s fund and cryptocurrencies, and that’s why P2P or peer to peer services like Bitpatt are trusted by both new and experienced traders.

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Ethereum‘s Breakout Rally Suggests Bitcoin is Poised to Explode Past $12,000

Ethereum and Bitcoin are both showing immense signs of strength today as they push towards their recently established key resistance levels ETH once again appears to be leading Bitcoin, as its large upwards price movements now tend to take place just before those seen by BTC This could prove to be incredibly positive for the benchmark cryptocurrency, as analysts believe it could help send it past $12,000 in the days ahead For this possibility to […]

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This Silver Fractal Suggests Ethereum Could Soon See a Parabolic Breakout

The markets have favored the underdogs throughout the past week, with silver and Ethereum both outperforming their larger counterparts. Although there aren’t any noticeable connections between the two assets, their price action in recent times has been strikingly similar, and it does appear that ETH is forming a fractal pattern with the precious metal. If […]

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VeChain and NEO are top gainers

Vechain and NEO have both gained by more than 6% in the past 24...

The post VeChain and NEO are top gainers appeared first on Coin Journal.

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Here’s the Level Bitcoin Needs to Break to See a “Tesla Sized” Rally

Bitcoin’s boring price action seen throughout the past few months has caused its trading volume and liquidity to both dive lower. It appears that many traders are turning towards the more traditional markets to get their fix of volatility, with some equities like Tesla (TSLA) seeing massive rallies over the past couple of weeks. Although […]

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Bitcoin Is “Teetering” as Price Prepares to Move Below Crucial Support

This may sound like a broken but Bitcoin has once again flatlined in the low-$9,000s. For the past two to three weeks, the leading cryptocurrency has traded within a few percentage points of $9,200 on both sides.

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As Countries Start to Spiral Into Monetary Crisis, Will the World Ultimately Turn to Bitcoin?

In the past week, several countries’ fiat currencies have spiraled out of control. Specifically, the Lebanese Pound and the Argentinian Peso have both faced a massive drop in currency values. The Argentina situation before the pandemic was pretty bad as the South American country had been in a three-year recession before the coronavirus struck. A few […]

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Staking frenzy pushes 0x (ZRX) to highest user activity since April, price jumps 14%

The recent infatuation for most in the cryptocurrency market is with DeFi tokens and staking, with the sectors seeing strong growth in both technology and price values since the past month. The post Staking frenzy pushes 0x (ZRX) to highest user activity since April, price jumps 14% appeared first on CryptoSlate.

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Crypto Tidbits: Bitcoin Stalls at $9k, Cardano Shelley, Elon Musk & Ethereum

Another week, another round of Crypto Tidbits. It’s been another boring week for the Bitcoin market. For all of the past seven days, the leading cryptocurrency has traded within 3% of $9,100, trading both above and below that level.

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Ethereum’s daily active address count is flashing a major warning sign for ETH

Ethereum’s price action over the past several weeks has proven to be highly disappointing for investors, as it has been underperforming both Bitcoin and many of its other peers despite it seeing unprecedented fundamental strength.

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Bitcoin Continues Closing Below a Crucial Level, Boosting Bears

Bitcoin has remained caught firmly within its long-held consolidation phase, with both its buyers and sellers being unable to catalyze any sharp momentum in either direction It is important to note that unlike weeks past, BTC is now consolidating just above its crucial support level at $9,000 This seems to be a sign of overt weakness, and could hurt buyers should the crypto begin inching lower Analysts are now noting that Bitcoin has been consecutively […]

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Bitcoin Monthly Shows Indecision, Data Reveals The Shocking Aftermath of Past Doji

Bitcoin price has traded sideways for the entire month of June. The lack of conviction by both bears and bulls has resulted in a doji currently on the monthly timeframe on BTCUSD charts. If the cryptocurrency closes tonight around current levels, the doji will be confirmed.

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Peter Schiff: Bitcoin Won’t “Even Come Close” to Its $20k High This Year

It’s been a strong past few months for both Bitcoin and gold. The leading cryptocurrency is up more than 150% from its March low while the precious metal has gained 15%. Both performances mark notable gains for the assets.

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Cardano (ADA) trading volume craters as on-chain data points to weakness

Cardano (ADA) has seen some intense gains over the past few months, with its recovery from its March lows far outpacing that seen by both Bitcoin and most of its other peers. The post Cardano (ADA) trading volume craters as on-chain data points to weakness appeared first on CryptoSlate.

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Two Altcoins That May Have Finished Correcting

The prices of both ICON (ICX) and Hedera Hashgraph (HBAR) have been correcting over the past two months. While both have halted their decline, ICX is showing stronger signs of reversal. ICON (ICX) The ICX price has been declining since April 1, when it reached a high of 4265 satoshis.

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XRP is Prepping for a Fresh Breakdown Despite Climbing Social Volume

It’s no secret that XRP has been one of the worst performing cryptocurrencies throughout the past couple of years, woefully underperforming both Bitcoin and its USD trading pair. This underperformance may soon extend even further, as analysts are noting that the crypto is on the cusp of seeing another breakdown as it hovers just above...

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Volatility: $230M in BitMEX Liquidations Hit Bulls and Bears Alike

The extreme volatility of the past 24 hours has seen $230 million in both longs and shorts liquidated on BitMEX.

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Goldman’s Eerie Yuan Crash Prediction Bolsters Bitcoin Bullish Outlook in June

Bitcoin eyes market growth heading into June as yuan falls to its lowest levels in eight months. Both assets have shown an erratic negative correlation in the past. Goldman Sachs sees yuan falling to its 2008 low, raising possibilities of an explosive price rally in the Bitcoin market.

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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...

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Ethereum Just Breached a Crucial Level, and That Means Bitcoin May Rip Higher

After days of stagnating, both Bitcoin and Ethereum have registered strong gains over the past 48 hours. While it is normally BTC leading the pack, this time, it’s ETH. The second-largest cryptocurrency and largest altcoin is up 7% in the past 24 hours.

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These 2 Altcoins Have Created Bullish Continuation Patterns

STEEM and NANO have increased considerably over the past two weeks. In the short-term, they have both broken out from continuation patterns, signalling that they are likely to continue moving upwards.

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Both BTC and ETH Median Transaction Fees Have Exploded Since the Halving

The halving has caused the transaction fees on both the Bitcoin and the Ethereum network to increase significantly, with Bitcoin recording a growth of 800% in the past 3 months. However, median transaction fees on other major networks, such as Bitcoin Cash, Bitcoin SV, XRP, and Litecoin have remained relatively flat during the same period....

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Where The Crypto and Cannabis Markets Wind Blows?

Coinspeaker Where The Crypto and Cannabis Markets Wind Blows?Both cannabis and crypto markets have emerged as fast-growing ecosystems in the past few years. What prospects are there for both markets, that, at some point, have been compared to the Wild West?Where The Crypto and Cannabis Markets Wind Blows?

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Overview: Where The Crypto and Cannabis Markets Wind Blows?

Coinspeaker Overview: Where The Crypto and Cannabis Markets Wind Blows?Both cannabis and crypto markets have emerged as fast-growing ecosystems in the past few years. What prospects are there for both markets, that, at some point, have been compared to the Wild West?Overview: Where The Crypto and Cannabis Markets Wind Blows?

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Eerily Accurate Trader Says the S&P 500 Is on Thin Ice, and That’s Bad for Crypto

After remarkable rallies from the lows, both crypto and the stock market have reversed over the past few days. Bitcoin has shed 9% from the local highs while the stock market has tumbled 5%, responding to a crash in the demand for oil, which resulted in barrels temporarily trading negative on April 20th.

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Litecoin Price Analysis - Technicals remain bearish while fundamentals continue to stagnate

Technicals for both the LTC/USD and LTC/BTC pairs remain bearish as fundamentals show on-chain activity continuing to slow over the past two years.

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Chainlink is Close to Invalidating Explosive Uptrend as Selling Pressure Mounts

It’s no secret that Chainlink (LINK) has been one of the most bullish cryptocurrencies throughout both 2019 and 2020, with the altcoin incurring explosive momentum that it has been able to maintain in spite of the market-wide weakness seen throughout the past few weeks.

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Why altcoins will shine after COVID-19 pandemic

The past few decades have changed the way we live in many different ways. The changes have occurred in both economic and cultural spheres. Yet, the economic transformation was particularly significant, almost entirely driven by major technological advancements.

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McKinsey & Company Explains How Coronavirus Affects Businesses

Coinspeaker McKinsey & Company Explains How Coronavirus Affects BusinessesThe past several weeks have been chaotic everywhere in the world as the coronavirus outbreak threatens economies in both the West and the East.

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Recent Bitcoin Difficulty Adjustments Could Boost Price Past $10k In Few Weeks, New Data Reveals

Just 2 weeks ago, both the crypto and the stock market plummeted to historically low levels. However, Bitcoin and some altcoins have been able to recover quite nicely, in fact, Bitcoin is currently trading at $6,628, an 80% price increase from the low at $3,782.

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This “Ugly” Technical Formation Could Spell Doom for Ethereum Bears

Ethereum, like Bitcoin and most other major altcoins, has been firmly caught in a consolidation phase over the past few days and weeks, which has led it to stabilize around $130 as bulls and bears both attempt to take control of the cryptocurrency.

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This set of data shows that Bitcoin’s “safe haven” narrative may lead to a price boom

Bitcoin has seen some heightened volatility over the past few weeks, with much of its recent downside coming about as a result of that incurred by both Gold and the benchmark U. S. stock indices, which have all cratered due to the rapidly mounting economic impacts of COVID-19.

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Ledger’s Resilience During the COVID-19 Pandemic – a word from our CEO

As the COVID-19 pandemic continues to significantly alter our lives, both personally and professionally, we want to reach out to you, our valued clients and friends. In addition to acknowledging the deeply personal impact COVID-19 likely is having on all of us, we are sharing our thoughts on our business. In the past few crazy […]

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Novel Coronavirus Mutations are Nothing to Worry About, yet

Over the past few days, there has been some debate regarding mutations of the novel coronavirus. Both a “regular” and more “aggressive” strain had allegedly been spotted in the wild.

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Foul Play? OKEx CEO Blames Competing Crypto Platforms for Recent DDoS Attacks

This past Friday, top cryptocurrency trading platforms Bitfinex and OKEx were both subjected to malicious Distributed Denial-of-Service attacks (DDoS) aimed at disrupting the platforms’ operational efficiency by overwhelming the targeted servers with a flood of fraudulent traffic.

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Bitcoin and Oil Could Quickly Bounce Back Post-Coronavirus Due to Cheap Prices

Both oil and Bitcoin prices have taken a massive hit over the past week, as coronavirus fears have pulled the plug on economic growth. Oil prices dropped a staggering 5% to close the week at a 14-month low, and Bitcoin declined nearly 20% in the same term.

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Ethereum is About to Rocket Past $300 as Bullish Confluence Grows

Ethereum has been caught within an explosive and highly bullish uptrend throughout 2020, which has led ETH to significantly outperform both Bitcoin and the aggregated cryptocurrency market over the past several days.

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Yahoo Finance and Investing.com post a news article claiming Bitcoin was 50% down in past day

Earlier this week, Yahoo Finance and Investing. com both posted and shared an article that falsely claimed Bitcoin’s price plunged almost 56 percent in a single day. The article has most likely been written by a bot in a bit to drive ad revenue to the website due to the popularity of the topic.

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These key factors could propel XRP further after its “highly bullish” 11% rally

It appears that XRP’s strong price action over the past several days was bull’s attempt to lay the groundwork for a massive upside movement. XRP is now caught within what appears to be a firm uptrend that has allowed the cryptocurrency to significantly outperform both Bitcoin and most major altcoins, which has also led it […] The post These key factors could propel XRP further after its “highly bullish” 11% rally appeared first on CryptoSlate.

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CBDCs may commence the 'decade of De-dollarization'

The finance and technology sectors saw massive growth over the past decade, both in the private and the public realm. Companies changed the way we transact with other individuals and soon, central banThe post CBDCs may commence the 'decade of De-dollarization' appeared first on AMBCrypto.

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Analyst Explains Why XRP Price May Soon Jump Over 100%

XRP hasn’t done too hot over the past few months, both in terms of its performance against the U. S. dollar and against Bitcoin. Even over the past year, the third-largest altcoin has collapsed by 50%, underperforming the leading cryptocurrency by a massive margin.

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