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Bitcoin’s Move Past $9,000 Leaves Wake of Destruction; Liquidates $20m in Shorts
Bitcoin saw a sharp rise overnight that allowed it to firmly surmount the $9,000 region This upwards movement liquidated nearly $20 million in short positions, with buyers now attempting liquidate even more shorts in an attempt to fuel an uptrend The crypto has been rejected within the $9,200 region, however, which could halt its short-term uptrend Analysts are now also noting that heavy resistance just above Bitcoin’s current price level could be enough to fuel […] дальше »
2020-5-28 23:00 | |
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Bitcoin’s $9k Bounce Could Falter if Bulls Fail to Break This Price Level
Bitcoin bulls have once again defended the $8,800 support. After doing so last week, there was an expectation that another run at it would end with Bitcoin breaking beneath. The bull’s effort has not only been awarded with the support holding but also with a bounce-back above $9,000 and into the $9,150 levels. This is […] дальше »
2020-5-28 21:54 | |
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Here’s Why Bitcoin’s Large Transaction Count Has Slid 8% Over the Past Week
Bitcoin saw a sharp bounce into the $9,000 region overnight following a multi-day bout of consolidation within the $8,000 region The cryptocurrency now appears to have reached a “decision point” and where it trends from here could set the tone for where it goes in the coming weeks The current unclarity surrounding BTC’s mid-term trend has coincided with a massive decline in large transaction counts, signaling that large traders and investors are increasingly moving to […] дальше »
2020-5-28 21:00 | |
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Lending and Interest Income Could Be the Path to Boost Crypto Adoption
Bitcoin and cryptocurrencies, in general, have come a long way from the early days when they were regarded as an internet bubble waiting to burst. However, even after a decade, one constant criticism is that digital assets haven't found a niche, and cannot be spent as easily as it has been advertised for long. The […] дальше »
2020-5-28 20:35 | |
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As the Bitcoin Dominance Rate Decreases, Major Altcoins Could Move Upwards
The Bitcoin dominance rate (BCD) has fallen to a major support level, a breakdown below which could indicate a bullish period for altcoins. However, both LTC and XRP have fallen below almost year-long support levels and have yet to show clear signs of reversal. дальше »
2020-5-27 20:20 | |
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Bull Run Imminent? Hodl Waves Chart Shows 60% of Bitcoin Hasn’t Moved in a Year
According to the creator of the analytical bitcoin data web portal, Look Into Bitcoin, a chart often referred to as ‘Hodl Waves’ shows a bull run could be imminent. The web portal’s analyst Phillip Swift recently tweeted that 60% of all the bitcoin in circulation hasn’t moved in twelve months. дальше »
2020-5-28 16:35 | |
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Dynamic Coin Offering (DYCO) Promises Investor-Friendly Token Crowdfunding Mechanism
The days of the old and risky crowdfunding mechanisms in the cryptocurrency industry, including ICO, STO, and IEO, could be numbered. The secure DYCO (Dynamic Coin Offering) framework promises to safeguard retail investors from the inefficiencies of the yesteryear crowdfunding mechanisms. дальше »
2020-5-28 14:00 | |
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Bitcoin at Risk of Collapsing to $7,000 as Selling Pressure Ramps Up
Bitcoin has been finding some slight support at $8,800 throughout the past day, but the buying pressure here appears to be quickly degrading The crypto is also on the cusp of breaking below a technical formation that could spark some serious downside If it bears are able to shatter the slight support that has been established at $8,800, the cryptocurrency could then see a sharp move that sends it rapidly reeling down to the $7,000 […] дальше »
2020-5-27 02:00 | |
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REN Nears End of Bullish Trend While MATIC May Be Just Starting Its Own
MATIC has just broken out from an important resistance level and could increase rapidly due to the lack of resistance above the current price level. While REN has successfully flipped and important horizontal resistance level, its upside potential seems limited, due to the fact that it has yet to clear numerous important resistance areas. дальше »
2020-5-27 01:15 | |
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China: CBDC Issuance Could Be Fast-Tracked for COVID-19 Stimulus Payments
China’s planned digital currency electronic payment (DCEP) project may be accelerated to have the central bank digital currency (CBDC) available for COVID-19 stimulus package payments. The news is the latest in a string of government-led actions aimed at advancing the adoption of blockchain technology in the country. дальше »
2020-5-27 23:00 | |
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Crypto Market Faces Massive Resistance as Traders Expect Altcoins to Dive
The crypto market is flashing some overt signs of weakness as Bitcoin leads most major altcoins lower Although some smaller tokens have been able to escape these losses, the aggregated market recently tapped a major resistance level, opening the gates for major downside This has led traders to widely note that Bitcoin and other major alts like Ethereum could be positioned to see immense losses in the near-term Bitcoin and the aggregated crypto market have […] дальше »
2020-5-27 23:00 | |
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50% of Bitcoin CME Open Interest is Set to Expire Friday; What This Could Mean
The CME’s Bitcoin futures and options contracts have been seeing booming popularity in recent times This has led the open interest on the platform to rocket, with this growth being driven by an influx of institutional and professional traders to the market 50% of this open interest for both options and futures are set to expire on Friday, however, and this could lead traders to roll over their contracts to future months This could catalyze […] дальше »
2020-5-27 21:00 | |
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Block Stars: Biometric Authentication Will Help You Forget Your Passwords
In the latest episode of Block Stars, Ripple CTO David Schwartz talks to the founders of Keyless, a deep-tech cybersecurity company whose innovative solutions in authentication and digital identity could have a big impact on the cryptocurrency experience. дальше »
2020-5-27 20:32 | |
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2 Altcoins That Could Soon Break Out
ALGO has reclaimed a long-term support level and created a bullish reversal pattern. RSR is attempting to break out above a very important resistance level but has yet to do so. Algorand (ALGO) The possibility of the ALGO price moving upwards was shown by @damskotrades, and it shows that the price has just reclaimed the […] The post 2 Altcoins That Could Soon Break Out appeared first on BeInCrypto. дальше »
2020-5-27 17:50 | |
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First Mover: Bitcoin Could Get a Boost From Central Bank Digital Currencies
CBDCs might seem to be anathema to the mission statement of bitcoin, but they may prove to be a valuable on-ramp for new investors. дальше »
2020-5-27 15:17 | |
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Bitcoin Could Confirm Recent Decline as a “Huge Bear Trap” if It Reclaims $9,200
Bitcoin has seen an immense downturn over the past couple of days, declining from highs of over $9,800 to lows of $8,600 yesterday. This selloff came about after multiple consecutive rejections around $10,000. дальше »
2020-5-26 02:00 | |
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China: Lawmaker Proposes Creation of a National Blockchain Fund
China’s blockchain adoption could go a step further with lawmakers looking at the creation of a national blockchain development fund. Authorities in Beijing continue to push for more involvement of the country’s government in leveraging the emerging technology across several economic sectors. дальше »
2020-5-26 00:07 | |
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ICX Has Doubled in Value and WRX Could Follow Its Lead
The ICON (ICX) price has been rapidly increasing since May 15 but has reached an important resistance level and it is unclear if it will break out from it. WazirX (WRX) has been showing similar movement to ICX prior to the breakout but has yet to break out from its descending resistance line. дальше »
2020-5-26 22:23 | |
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Ethereum's price primed for more profits after narrowly escaping major retest
The latest market dip drove the largest altcoin, Ethereum to a value of $204.19. The coin narrowly avoided a collapse below the psychological level of $200 and it appears that it could be headed for aThe post Ethereum's price primed for more profits after narrowly escaping major retest appeared first on AMBCrypto. дальше »
2020-5-26 22:00 | |
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BTC Dominance Signals Abrupt End to Crypto Altcoin Season
BTC dominance – a metric that weighs the entire Bitcoin market cap against other crypto assets – has been falling in recent weeks, giving many small-cap altcoins a chance in the limelight. The short-lived altcoin season could come to an abrupt end, however, according to a highly reliable indicator. BTC Dominance To Grow, Putting Sudden... дальше »
2020-5-26 20:30 | |
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Bitcoin Cash's breach of neckline could drive its value below $200
Bitcoin Cash's price appeared to have stagnated below the $240-level for the past couple of weeks. Despite a consistent upward price action, its price has lost the necessary momentum to recover the loThe post Bitcoin Cash's breach of neckline could drive its value below $200 appeared first on AMBCrypto. дальше »
2020-5-25 20:00 | |
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China’s Civil Law Could Enable Citizens to Inherit Bitcoin
China’s Inheritance Law might soon be updated to include internet property and cryptocurrency, including Bitcoin. The draft bill is currently being reviewed by the government. New Inheritance Law to Be Part of China’s First Civil Code, and It Could Impact Bitcoin Recently, the Chinese parliament revealed the draft of its first civil code, which includes the protection of civil rights like property, personality, contract, marriage, infringement, and inheritance. дальше »
2020-5-26 19:11 | |
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Where Will Bitcoin Find Support?
During the week of May 17-24, the Bitcoin price decreased considerably. It created a bearish engulfing candlestick that caused it to decrease all the way to an important support level. A breakdown below this support could indicate that the price has begun a new bearish trend. дальше »
2020-5-25 14:05 | |
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Аналитики ожидают рост биткоина на фоне падения китайского юаня
Падение китайского юаня по отношению к доллару может положительно отразиться на стоимости биткоина. Такое мнение высказал партнер компании Placeholder Capital Крис Берниске. If China’s $CNY continues to weaken against $USD, then we could have a 2015 and 2016 repeat (pictured below), where $BTC strength coincided with yuan weakness. дальше »
2020-5-26 13:38 | |
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Виталик Бутерин рассказал, чем могут быть полезны стейблкоины
Сооснователь Ethereum Виталик Бутерин считает, что стейблкоины могут успешно использоваться для перемещения активов между различными блокчейнами. В ходе дискуссии с криптоэнтузиастом Уди Вертхаймером в Twitter Бутерин написал: Yeah, in the specific case of issuer-backed stablecoins there's lots of things that could be done but aren't, eg. дальше »
2020-5-26 13:27 | |
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Stablecoins Could Transfer Value Across Blockchains, Says Vitalik Buterin
Ethereum co-founder Vitalik Buterin suggested that stablecoins could serve as instant cross-blockchain bridges.
дальше »2020-5-26 12:08 | |
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Does Tether Have What It Takes to Dethrone Ethereum After Usurping XRP?
Tether finally overtook XRP’s spot in the list of cryptocurrencies with the largest marketcap. Will it have what it takes to dethrone Ethereum?. The Tether Treasury could be standing in a whole new arena on its battle for the dominance of the crypto ecosystem, with Ethereum on its focus as the last objective before the […] дальше »
2020-5-26 11:51 | |
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U.S. Sanctions against China Tailwind for Bitcoin’s Bullish Moves
Bitcoin anticipates market growth as White House National Security Advisor Robert O’Brien threatens China with economic sanctions over Hong Kong national security law. The warning could lead the People’s Bank of China to devalue yuan that, according to Naeem Aslam of AvaTrade, could prove disastrous for all currencies. дальше »
2020-5-25 07:53 | |
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Litecoin's increasing hashrate could indicate positive sentiment among miners
The seventh-largest cryptocurrency, Litecoin has seen a steady increase in its value over the last month, however, it was still down by over 46 percent since its 2020 high. It has been nine months sinThe post Litecoin's increasing hashrate could indicate positive sentiment among miners appeared first on AMBCrypto. дальше »
2020-5-24 16:00 | |
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Ethereum Seems Resilient Above $200: Here’s Strong Case For Rally To $250
Ethereum is trading nicely above the $192 and $200 support levels against the US Dollar. ETH price could start a strong rally if it clears the $210 and $215 resistance levels. ETH price is showing positive signs above $200 pivot level against the US Dollar. дальше »
2020-5-24 09:48 | |
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Bitcoin’s Falling Hash Rate Could Have Dire Implications for BTC’s Price
Bitcoin’s recent mining rewards halving event didn’t have any sudden impacts on the cryptocurrency’s hash rate, but the impacts of it on miner dynamics are now growing increasingly clear. The benchmark cryptocurrency’s hash rate has been sliding lower throughout the past couple of weeks, signaling that miners are beginning to capitulate. History suggests that hash... дальше »
2020-5-24 01:00 | |
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XRP Could Soon Trap Bulls; Here’s How Low Traders Think It Could Decline
XRP, like most other altcoins, has been caught within a bout of sideways trading throughout the past several days and weeks The cryptocurrency’s rangebound trading may not last long, however, as analysts are now noting that it could be poised to see some major downside in the days and weeks ahead Its next notable decline could be sparked by a bull trapping movement higher Some analysts are even pointing to a fractal that suggests new […] дальше »
2020-5-24 22:00 | |
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Bitcoin heading to $8,700 is not a question of 'if,' but 'when'
Bitcoin's slow strut seems to be in place after the drop over the course of 20-21st May. The price shed about $1,000 in two days, a development that could have been precipitated by the movement of coiThe post Bitcoin heading to $8,700 is not a question of 'if,' but 'when' appeared first on AMBCrypto. дальше »
2020-5-23 20:30 | |
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Arthur Hayes: More Prominent Investors Could Catch the Bitcoin Bug as BTC Thrashes Inflation
Despite the world’s turmoil, BitMEX CEO Arthur Hayes still dedicates time to study the market. While listening to finance gurus, he writes down important thoughts to share. One biggest insight is that negative interest rates could destroy the banking system. дальше »
2020-5-24 19:45 | |
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It’s Decision Time for Bitcoin: These are the Price Levels Analysts are Targeting
Bitcoin has been firmly caught within a bout of consolidation over the past few days, largely hovering within the lower $9,000 region It appears that it is decision time for the cryptocurrency, as how its ongoing period of sideways trading resolves could set the tone for where it trends in the weeks ahead This next movement could be quite drastic, as some analysts are noting that it could result in a $1,000+ candle Bitcoin has […] дальше »
2020-5-24 19:00 | |
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Could Craig Wright Be Satoshi Nakamoto? Probably Not
An infamous character, known for declaring that he invented Bitcoin, Craig Wright has been the focal point of several drama bouts in the cryptocurrency community. And with the latest commotion... The post Could Craig Wright Be Satoshi Nakamoto? Probably Not appeared first on Crypto Briefing. дальше »
2020-5-24 17:45 | |
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IMF Predicts Banks Will Suffer Losses Over the Next 5 Years
The current struggles in the banking sector may last until 2025 according to the International Monetary Fund (IMF). According to an IMF report published on Friday, banks could continue to see red through 2025. дальше »
2020-5-23 17:20 | |
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JPMorgan Report Opines CBDCs Could Disrupt the U.S. Dollar’s Hegemony
A report by JPMorgan & Chase Co. states that the rise in the popularity of central bank digital currencies (CBDC) could spell doom for the U. S. dollar that enjoys unquestionable hegemony in dictating the global economic order today, Bloomberg reports June 22, 2020. дальше »
2020-5-24 17:07 | |
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Bitcoin’s Bull Case Remains Valid as Buyers Fight to Maintain $9,000
Bitcoin has been flashing some overt signs of weakness throughout the past several days and weeks This has been rooted largely in its inability to break into the $10,000 region after facing multiple strong rejections here throughout the past several days Analysts are now noting that the cryptocurrency remains in a position to see further upside, however, as long as it is able to hold above a key ascending trendline It also could soon rally […] дальше »
2020-5-23 02:00 | |
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Here’s what could happen if 10% of Ultra-High Net Worth Individuals decide to buy Bitcoin
As revealed by the Bitcoin stock-to-flow creator, ‘Plan B’ in a recent tweet, there are more than 200,000 ultra-high-net-worth individuals (UHNWI) in the world. These individuals’ net worth isn’t lesser than $30 million. дальше »
2020-5-23 00:00 | |
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Ethereum’s Price Action Could Resemble a “Car Crash” if it Breaks Below $190
Ethereum has once again declined back down to its long-held consolidation channel around $200 The cryptocurrency is now showing some signs of weakness as it continues performing poorly alongside Bitcoin and most other major altcoins This weakness could soon lead it down to a key support level that must be maintained by buyers A failure for ETH to hold above this level could mean a “car crash” style decline is imminent, according to one analyst […] дальше »
2020-5-23 23:00 | |
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