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Bitcoin May Start a New Consolidation Trend After Facing Another $12k Rejection

Bitcoin is currently consolidating beneath $12,000 after facing a slight rejection at this level overnight The cryptocurrency has been struggling to break above this resistance for over a week One analyst is now noting that the resistance here may hold strong for the days to come, with BTC now kicking off a new consolidation phase Once the benchmark digital asset can break above this level, analysts are noting that a move to $13,000 will likely […] дальше »

2020-8-11 02:00


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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 […] дальше »

2020-8-10 19:00


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Cameron Winklevoss Says US Dollar Has Become “Funny Money” And A Bitcoin Endorsement. Here’s Why

In a meeting on Thursday evening, White House and Democrats failed to come to a consensus regarding a suitable coronavirus stimulus package. According to Gemini co-founder Cameron Winklevoss, the failure of the three-hour negotiations to yield a major relief deal for the United States shows that the dollar has become “funny money” and an endorsement […] дальше »

2020-8-8 23:07


Chainlink is About to Print an “Extremely Bullish” Pattern as Analysts Eye Upside

Chainlink has seen some volatile price action throughout the past couple of days, with its price oscillating between lows of $7.40 and highs of $8.80. This volatility has come as it decouples from the price action seen by Bitcoin and the aggregated crypto market – which, for the time being, is a positive technical development. […] дальше »

2020-8-4 02:00


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 […] дальше »

2020-8-4 23:00


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Ethereum Marks 5th Birthday Amidst Impressive Price Gain and DeFi Boom

The Ethereum Foundation team celebrated the 5th anniversary since the official launch of the Ethereum Network dubbed Ethereum 1.0 (when the genesis block was created). The official celebration post focused on the many milestones, achievements, and challenges that have occurred within such a short period and what’s more to come. “In these five years, Ethereum […] дальше »

2020-8-1 15:38


Apple Co-Founder Claims Google is “Directly Profiting” from Crypto Scams in Lawsuit

Apple co-founder Steve Wozniak is suing YouTube’s parent company Google, claiming that the video content platform is directly profiting from crypto scams that hurt users These claims have come about as the result of a new lawsuit filed by the revered electronic engineer who co-founded Apple alongside Steve Jobs. Within the lawsuit, he references the […] дальше »

2020-7-24 05:00


Here’s Why Analysts are Flipping Short on Ethereum After Its Explosive Surge

After a prolonged period of range-bound trading, Ethereum posted a breakout rally yesterday that allowed it to surge up to fresh multi-month highs This rally put a firm end to the crypto’s macro trading range between $230 and $250 It remains unclear as to what caused this movement, but it allowed Bitcoin and other major altcoins to push higher as well Analysts are now growing cautious of what could come next for ETH Despite its […] дальше »

2020-7-24 23:00


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This Indicator Signals Bitcoin’s Boring Price Action Will Come to a Violent End

Bitcoin has continued extending its unprecedented bout of sideways trading as it hovers around $9,100 The crypto has done little to offer investors with insights into its mid-term outlook Bouts of sideways trading this defined and prolonged have only occurred on a few occasions throughout the crypto’s decade-long history Each occasion has ultimately resulted in the crypto posting a massive trend-defining movement Bitcoin has been finding an unusual amount of stability around $9,100. The crypto […] дальше »

2020-7-19 19:00


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Ethereum Fees Are Up 500% Since April: Why That’s Bearish for ETH

It’s been a strong few weeks for Ethereum adoption. Due to growth in the decentralized finance sector, the blockchain has seen a spike in users, active addresses, and transactions. Unfortunately, this influx of usage has not come without a cost: As per data from Glassnode, a blockchain analytics firm, the daily median gas price of an Ethereum transaction passed 50 Gwei. дальше »

2020-7-19 07:00