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Bitcoin Faces Drop Under $16,000: What Analysts Think Is Next

After holding above $16,000 and pushing above $16,400, Bitcoin has faced a drop. The coin currently trades for $15,800, slightly below the aforementioned highs but still above key support levels. Some analysts expect the market to consolidate further in the days ahead, potentially after one more leg higher. Yet there are signs that the market […] дальше »

2020-11-14 22:00


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Indicator Suggests Bitcoin is Overbought; $13,300 Could be Imminent

Bitcoin is currently struggling to hold above its crucial $16,000 support level as buyers and sellers both fight for control of its near-term price action Where it trends next will likely depend largely on the continued reaction to this level, as a sustained decline below it could strike a serious blow to its technical outlook One trader is noting that one technical indicator is suggesting that Bitcoin is overbought at the present moment The same […] дальше »

2020-11-14 19:25


Binance’s Mining Pool Becomes 4th Largest One Amidst ‘More Adoption & Institutional Participation’

Launched less than seven months back, Binance Mining Pool is currently the 4th largest one with a hash rate share of 11.36% after Antpool, Poolin, and F2Pool. The leading spot cryptocurrency exchange Binance launched its own mining pool in April this year, which at the time was the 11th largest one, accounting for less than […] The post Binance’s Mining Pool Becomes 4th Largest One Amidst 'More Adoption & Institutional Participation' first appeared on BitcoinExchangeGuide. дальше »

2020-11-14 17:35


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Historically Accurate Analyst Expects Bitcoin to Hit $18,000 In Coming Days

Bitcoin has been rallying higher once again after days of consolidation. The cryptocurrency currently trades for $16,100, though traded as high as $16,500 hours ago. A leading analyst says that Bitcoin is trading in the midst of a textbook Elliot Wave pattern that will likely end with BTC peaking at $18,200 in the coming days, then correct toward $15,000. дальше »

2020-11-14 10:00


Bitcoin Mining Pool Stirs Controversy by Promoting Censoring BTC Transactions

Blockchain analyst firm, BlockSeer has launched a private mining pool, currently, in beta, that will censor certain Bitcoin transactions. Given that the Bitcoin community emphasizes censorship-resistance, an essential feature of cryptocurrency that makes it differentiating from the central bank digital currencies, it’s pretty obvious that the company would come under fire for its move. дальше »

2020-11-14 22:33


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These 3 Factors Suggest Bitcoin is Ready to Explode Higher in Coming Days

Bitcoin has firmly broken above $16,000, with the cryptocurrency flashing signs of immense strength as buyers move to shatter this incredibly strong resistance level Analysts believe that this ongoing rally may just be getting started, as there are a multitude of different factors currently working in bulls’ favor One trader explained in a recent tweet that funding rates and premiums have both been diving, signaling that margin traders are flipping short This trend, coupled with […] дальше »

2020-11-12 21:00


Ethereum Undergoes ‘Unannounced Hard Fork’ After Infura Goes Down

Ethereum infrastructure provider Infura is currently down. As per the latest update on Nov 11, 12:37 UTC, Infura has been deploying the fix, and service is getting back to normal. It has been at Nov 11, 08:12 UTC that Infura first reported a service outage with the root cause traced to “several components within our […] The post Ethereum Undergoes 'Unannounced Hard Fork' After Infura Goes Down first appeared on BitcoinExchangeGuide. дальше »

2020-11-11 17:16


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Ethereum Just Posted a Strong Weekly Close as Analysts Eye Upside

Ethereum has been consolidating alongside Bitcoin for the past few days, with bulls and bears currently locked in a heated battle as its price trades around $450 Where the market trends next will depend largely on whether or not Bitcoin can stabilize or move higher Global stock market volatility as a result of the vaccine news may also play a role in BTC’s price action in the week ahead Because ETH is a higher beta […] дальше »

2020-11-10 23:00