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This Technical Structure Signals Bitcoin is Coiling Up for a Major Downside Break

Bitcoin does not appear to be in a good position at the present moment Bears are currently attempting to push it below its long-held support at $9,000 This comes just a week after the crypto posted two consecutive rejections at $9,400 Its inability to push higher coupled with mounting selling pressure suggests downside could be imminent Analysts concur with this notion, with one pointing to a technical structure as a reason why he is anticipating […] дальше »

2020-7-17 02:00


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Here’s Why Ethereum Breaking Below $225 Could End “Altseason”

Ethereum has seen some notable losses that have sent it down to the lower boundary of its trading range The crypto is now flashing some overt signs of weakness This is rooted in the lack of strength seen by both Bitcoin and most other major digital assets Analysts are now noting that $225 is a crucial level for ETH One trader is even noting that it is arguably the “biggest level” in the crypto’s history […] дальше »

2020-7-17 23:00


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Will Physical Bitcoins Have a Comeback and Threaten Bitcoin’s Inflation Control?

The 2011 collection of physical bitcoins was one of the most progressive things that could have happened to Bitcoin and decentralized finance. Mike Caldwell, the creator of the Casascius series of physical bitcoins, was way ahead of his time, and by 2013, just before FINCEN shut him down, he had minted over $82M worth of […] дальше »

2020-7-16 10:37


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Here’s Why One Analyst Thinks Cardano (ADA) Could Soon “Nuke” Lower

Cardano saw a massive upswing yesterday that allowed it to erase virtually all of its recent losses For a brief period, the crypto even tapped its previously established yearly highs, although the selling pressure here proved to be quite significant As for where the cryptocurrency could trend next, analysts are growing increasingly cautious about its outlook Despite there being a few technical signs that suggest it may continue pushing higher, one trader is noting that […] дальше »

2020-7-16 23:00


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Spikes in Bitcoin Exchange Inflows Signal a Large Selloff is Looming

Bitcoin has continued trading sideways within the lower $9,000 region overnight, with its ongoing consolidation phase now extending over ten weeks Although the crypto has yet to express any clear momentum, likely, this lackluster trading bout will ultimately result in it making a massive movement Analysts are now noting that exchange inflows over the past few weeks have been surging, suggesting that traders may be preparing to offload their BTC This could help provide the […] дальше »

2020-7-16 21:00


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How Will The Upcoming US Election Impact Bitcoin’s Price Performance This Year?

The pandemic-fueled market crash of March didn’t spare bitcoin or the rest of the crypto market, but in retrospect, it could be considered a good thing. The crash created a turning point, which later accelerated Bitcoin’s adoption, establishing it as an uncorrelated asset, with recognition even from top critics like gold investor Peter Schiff. Earlier […] дальше »

2020-7-15 11:04


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Bitcoin Closing Beneath One Crucial Level Could Decimate Altcoins

Bitcoin flashed some subtle signs of weakness yesterday that sent shockwaves throughout the cryptocurrency market This caused many major altcoins to shed a significant amount of their value, putting at least a temporary end to the intense market-wide uptrend seen by Bitcoin’s smaller counterparts The crypto is now once again sitting just above its crucial $9,200 support level Buyers have been able to defend this level throughout the past several hours One analyst is noting […] дальше »

2020-7-15 21:00


PayPal’s Letter to European Commission Confirms Its Plans to Develop Crypto Capabilities

In a letter to the European Commission published in March this year, the global payment service, PayPal, stated they are in works to enable cryptocurrency capabilities on the platform. The company has yet to disclose plans in the digital assets arena completely, but the addition of Bitcoin (BTC) to the platform could be on hand. […] дальше »

2020-7-14 19:38


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Libra’s newest rival could be England’s central bank-backed digital currency

According to reports from Bloomberg, the bank of England (BOE) is contemplating creating a government-backed digital currency. This was made known by Andrew Bailey, Governor of the Bank of England, in a webinar event, he told students that it was being reviewed and the Central bank is still trying to weigh their options. It looks […] дальше »

2020-7-15 11:14


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The Bitcoin Dominance Rate Could Rally Before Dropping

The Bitcoin Dominance Rate (BTCD) has been decreasing at an accelerated rate since the beginning of July. The decrease should continue until the rate reaches the closest support area at 62.5%. Current Support At the beginning of July, the BTCD broke down from a rising support line that had previously been in place since February […] The post The Bitcoin Dominance Rate Could Rally Before Dropping appeared first on BeInCrypto. дальше »

2020-7-14 21:30