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Ethereum’s Strength Degrades Following Rejection at $250; What Comes Next

Ethereum has flashed signs of technical weakness overnight following a harsh rejection at $250 This level marked its high-time-frame resistance, and its inability to break above it seems to elucidate underlying weakness amongst its buyers Analysts are noting that it could be poised to continue pushing higher despite this latest setback There is one crucial level that it is trading just a hair above that could invalidate this potential rebound Ethereum has flashed signs of […] дальше »

2020-6-25 23:00


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Bitcoin Sees Major Weakness as “Nasty” Technical Pattern Emerges

Bitcoin faced a harsh rejection at $9,800 yesterday that has since caused it to form a strong short-term downtrend. This has led it back to the lower-region of its long-held trading range BTC does appear to be technically weak at the moment, as buyers are struggling to guard against the heavy selling pressure that was incurred at this level One “nasty” technical pattern could now be flashing If history repeats itself, this pattern could result […] дальше »

2020-6-25 21:00


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Bitcoin Flipping One Crucial Level into Support Could Spark a Wild Bull Trend

Bitcoin has been able to maintain the gains it posted yesterday after it saw a sharp rally that led it up to highs of $9,800 from its recent lows of $9,200 This movement was unexpected, and certainly boosted the crypto’s bull case That being said, BTC still remains firmly within its long-held trading range Whether or not it is able to sustain this momentum may be dependent on if it is able to flip a […] дальше »

2020-6-24 21:00


Bitcoin to Roar Higher on PayPal Selling BTC? Time to Buy the Rumor

Yesterday, the news of fintech giant PayPal planning to roll out cryptocurrency buying and selling for Paypal and Venmo got the crypto market excited, and bitcoin went up to $9,800. Reportedly, the company plans to build in wallet functionality for users to store their crypto in the app as well. The service could be rolled […] дальше »

2020-6-23 19:44


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‘Waning’ Safe Haven Status Leaves The Dollar Vulnerable to Bitcoin

A macro strategist for Deutsche Bank has raised concerns over the dollar losing its safe-haven status if another wave of the pandemic strikes the United States. If the current global reserve currency continues to wane as an “emergency” currency, could Bitcoin eventually step into that role? Macro Strategist Questions USD Safe Haven Premium As Concerns Over Pandemic Resurgence Grows When the economy is under distress, certain assets known as safe havens for capital perform best […] дальше »

2020-6-23 18:28


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‘Big Win’: Digibyte Soars On The Back Of Long-Awaited Binance Listing

Digibyte price has surged 25% today following its listing on Binance. Binance announced it was listing the 35th largest cryptocurrency by market cap only a few hours ago. In an official announcement, the exchange said it would open trading for DGB/BTC, DGB/BNB, and DGB/BUSD trading pairs on 2020/06/22 2:00 PM (UTC), and traders could start […] дальше »

2020-6-23 22:32


Fear of Libra’s Stablecoin Replacing Domestic Currencies Is Greatly “Overstated:” Fed Reserve

Federal Reserve economists disclose that project Libra’s ability to disrupt economies may have significantly been “overestimated” and overstated by policymakers. The report released on Monday shut down the extremist's statements that the earlier version of one Libra stablecoin could replace the global economic systems as we know them today. The report arose from a prototype […] дальше »

2020-6-23 21:36


These 3 Simple Factors Have Caused Traders to Flip Bearish on Bitcoin

Bitcoin could be coiling up to make a massive bear-favoring movement in the days and weeks ahead. This weakness could mark a resolution to the multi-week trading range that it has been caught within, potentially causing investors to see intense losses in the weeks ahead as some analysts set downside targets within the $7,000 region. […] дальше »

2020-6-22 04:00


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Bitcoin to Correct Throughout Summer Months as Analysts Eye Major Downside

Bitcoin’s consolidation phase has persisted, with the cryptocurrency continuing to trade sideways as it hovers around $9,360 The cryptocurrency has struggled to garner any notable momentum, showing some signs of weakness as it continues trading around the lower boundary of its range It does appear that it could be poised to see further near-term weakness due to it forming a weak technical structure This could spark a correction that causes it to decline throughout the […] дальше »

2020-6-22 19:00