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Bitcoin Funding Rates Flip Negative as Sellers Build Momentum; What to Watch For

Bitcoin has seen some intense turbulence throughout the past day, with the cryptocurrency losing the support it had at $9,400 before plummeting into the $8,000 region Buyers were able to guard against the massive influx of selling pressure, supporting it above $9,000 for most of the day The defense of the upper-$8,000 region has caused the crypto to form a double bottom seen while looking towards its RSI This indicates that the crypto could be […] дальше »

2020-6-16 02:00


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Bitcoin Will Confirm a Massive Bearish Distribution Pattern if it Breaks $8,600

Bitcoin’s long-held consolidation phase came to an end yesterday evening when sellers pushed the benchmark cryptocurrency below $9,000 Although buyers stepped up and quickly defended against further losses, they have been unable to catalyze any type of sharp recovery It now appears that BTC is well positioned to see a notable decline in the days ahead as sellers target the key support at $8,600 If this level is broken below, a massive distribution pattern will […] дальше »

2020-6-16 21:00


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Bitcoin Analysts are Watching These Six Critical Levels After Yesterday’s Plunge

Bitcoin posted a grim plunge yesterday that caused it to see notable losses Buyers were able to ardently defend against a break below the key support that has been established at $9,000 Analysts are now widely noting that BTC could be positioned to see further weakness in spite of its bullish overnight rebound There are six key high time frame support levels that buyers have built – ranging between $1,000 and $7,000 Buyers must post […] дальше »

2020-6-13 02:00


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XRP Has Been Setting Lower Highs for 886 Days; Why Analysts Expect More Weakness

XRP has been severely underperforming the aggregated crypto market throughout 2020 The crypto is now on its 886th day of selling lower lows Analysts do not believe that this trend is going to alleviate anytime soon, as there are other signs of weakness that it has been flashing in recent times One veteran trader even noted that it could soon plummet another 30% against its BTC trading pair XRP has been struggling to garner any […] дальше »

2020-6-13 23:00


Irony or Crushing The Competition? Facebook Continues To Block Crypto Ads, Despite Libra Effort

At the height of the crypto hype bubble, Facebook, Google, and other tech giants made an effort to block cryptocurrency-related advertisements and promotions from their platforms. While Facebook claims to have loosened their policy against crypto the firm continues to limit cryptocurrency ads from reaching customers on its social media platform – even despite attempting to launch a cryptocurrency of its own. дальше »

2020-6-11 18:00


Ripple Inc. Moves To Court To Dismiss Fraud Claims Against Its CEO, Brad Garlinghouse

A “court motion to dismiss,” filed by Ripple Inc. to the United States District Court in Northern California on June 8, aims to dismiss the charges faced by the CEO, Brad Garlinghouse. The motion aims at removing three accounts of fraud by the plaintiff, Bradley Sostack, which did not show how Garlinghouse was purportedly fraudulent […] дальше »

2020-6-10 20:46


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100M XRP Unlocks from Ripple’s Escrow Wallet, Compounding Technical Weakness

XRP has been caught within a long-held bout of consolidation around $0.20, struggling to garner momentum in either direction Although the lack of a consistent USD downtrend may be welcomed by its embattled investors, the cryptocurrency has been flashing some signs of overt weakness as of late One such sign would be the losses it has posted against BTC over the past several weeks Another 100 million tokens were also just moved out of Ripple’s […] дальше »

2020-6-9 23:00


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Tron Rallies Ahead Of Justin Sun’s “Exciting Project” Announcement

Despite being criticized for it, Justin Sun continues to make pre-announcements. This is, announcing to the Tron community that the project will be announcing new development in a coming date. Those against it have accused Sun of using this tactic as a hype machine to pump prices in the days leading to the actual announcement. […] дальше »

2020-6-8 13:26