Bitcoin Explodes Towards $12,000 as Altcoins Plunge; What Analysts are Saying

Bitcoin has been sucking the air out of altcoins for the past few hours, with its price rallying significantly as Ethereum and other altcoins all sell-off This rally has sent it up towards $12,000, which mark fresh highs since its decline from its $12,400 yearly highs first began It does appear that bulls are currently setting their sights on a move past $12,000 Unlike Bitcoin’s previous rally – which came about in tandem with that […] дальше »

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Bitcoin Poised to Retake $12,000 — 2 Technical Reasons Why There’s Still Room To Run

Bitcoin is currently trading at $11,771 after a significant 2. 3% breakout today above the last high of $11,720 on October 12. It seems that the bulls have been able to defend the renewed daily uptrend and are close to pushing BTC above the critical $12,000 psychological level again. дальше »

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On-Chain Data Shows Mass Accumulation Among Ethereum Investors

Ethereum has gained a few percent since the lows of last week. The coin currently trades for $380 but peaked earlier today at $385. This price action has been underscored by reports that mass Ethereum accumulation has been taking place. дальше »

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“Old Hands” Sold The Bitcoin Bottom And Are Selling Again Now

Bitcoin price is at a pivotal moment, about to potentially confirm a break out into a new bull market. Yet for some reason, coin dormancy, what one analyst calls a measure of “old hands” selling, is reaching a high level currently. дальше »

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Here’s Why Ethereum Has the “Best TA Structure” in the Crypto Market

Ethereum is currently in the process of breaking back above its crucial $380 resistance level This level has significant historical importance, as breaks above and below it have marked turning points for the cryptocurrency’s previous trends Whether or not the crypto can push higher in the near-term may depend somewhat on Bitcoin The benchmark crypto has been seeing a slight uptrend over the past day, but it remains below its $11,600 resistance One analyst is […] дальше »

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Analyst Claims Bitcoin Unlikely to Gain a Trend Until 2 Key Events Occur

It has been a rocky past week for Bitcoin, as the cryptocurrency has primarily been subjected to a bout of sideways trading Its inability to gain any trend is likely due to the stock market’s consolidation phase For better or worse, BTC has grown incredibly tied to the traditional market Its near-term trend may depend almost entirely on that seen by equities That said, one analyst is now pointing towards two key events currently taking […] дальше »

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Bitcoin in For Another Bull Cycle as BTC Supply Continues to Get Eaten Up Like Never Before

Over the weekend, the price of Bitcoin started rising and is currently trading above $11,650. Interestingly, it has been three months, 93 days exactly, since Bitcoin was founded in 2009, that it has spent above the current price of $11. дальше »

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'Very complex' Filecoin in trouble as miners go on strike 24 hours after launch

24 hours after the launch of Filecoin, a majority of its miners have gone on strike. The main reason for the same is that miners actually have to buy $FIL, in order to mine $FIL, as it currently standThe post 'Very complex' Filecoin in trouble as miners go on strike 24 hours after launch appeared first on AMBCrypto. дальше »

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Options Trends Makes it Hard for This Analyst to Imagine a Bitcoin “Mega Pump”

Bitcoin has been consolidating within a $1,500 range over the past seven weeks. With BTC currently pushing higher and the fundamentals aligning in favor of bulls, analysts have begun to expect a strong rally into the end of a year. дальше »

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Bitcoin Reaches Critical Level as Bulls Attempt to Spark Fresh Uptrend

Bitcoin’s price has been stuck within a macro consolidation phase for the past several months This consolidation has led to the formation of a trading range between $10,000 and $12,400, with bulls and bears with being unable to break above or below either of these levels One analyst is now noting that data seems to suggest that BTC is currently trading at a pivotal level for its future Although $20,000 is often looked upon as […] дальше »

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3 Trends Show Ethereum Is On Track For Strong Growth in 2021

Ethereum has undergone a strong drop from its year-to-date highs at $490. The coin currently trades for $375, around 25% below those highs. At the worst of the correction last month, the coin was down even further. дальше »

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Canada’s Central Bank Seeks an Economist to Monitor Digital Currencies and Financial Technologies

The Bank of Canada is hiring an economist for “Digital Currencies and Financial Technologies. ” As per the official page, Canada's central bank is currently engaged in a “large-scale research program to analyze the risks and opportunities” of the new developments in the fintech sector. дальше »

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Analyst Who Predicted V-Shaped Reversal Thinks Bitcoin Will Hit $12k

Bitcoin has faced a slight reversal since the highs of $11,750 set a number of days ago. The coin currently trades for $11,350 as of this article’s writing, 3. 4% below the highs. Analysts remain optimistic despite the price reversal. дальше »

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The Crucial Level to Watch as Ethereum Prepares to Shoot Toward $700

Ethereum topped out dramatically in August when it hit $490, then crashed. The coin currently trades for $370, 25% below those highs. Analysts think that Ethereum could soon shoot higher as the macro trend remains bullish. дальше »

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Do or Die: Ethereum Tests Critical Support Region as Bears Try to Regain Control

Ethereum has been struggling to garner any technical strength in the time following its dip below $380 This is a critical level that has determined its trends in the past, and the break below it is quite bearish Where the entire market trends next will likely depend on Bitcoin, but any near-term BTC downside could force ETH below a critical support level It is currently trading just a hair above this level, and one analyst […] дальше »

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Numerous On-Chain Metrics Turn In Favor Of Ethereum – $500 Next?

Ethereum price is currently $367 after establishing a renewed uptrend on the daily chart. The smart-contracts pioneer remains rank 2 by market capitalization with $41 billion and has experienced a notable rise in trading volume since July 1. дальше »

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The Price of Bitcoin Lags Behind The Growth of Crypto ATMs, Which Surpassed 11,100 Installs

While the price of cryptocurrencies is taking its sweet time to reach their all-time highs, Bitcoin is holding strong above the important psychological support level of $10,000, currently above $11,300; the same can’t be said of the fundamentals. дальше »

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Analytics Firm: 200,000 Bitcoin is Currently Locked Within OKEx’s Wallets

News regarding the OKEx founder being arrested by the Chinese government has created some fear amongst crypto investors He holds the keys to the cryptocurrency that is locked within the platform, making it impossible for the exchange to conduct any withdraws while he is in police custody Although the bull case is that this could reduce the supply of BTC circulating on the market, it would also strike a heavy blow to investors who used […] дальше »

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Report: Bitcoin En Route To $15,000 If These Historic Trends Repeat Themselves This Year

Bitcoin is currently trading at $11,336 after a significant bullish breakout on October 8 above $11,000. Recent news about big companies buying large sums of the digital asset has sparked a new bull rally. дальше »

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Huobi Guarantees Normal Operations During OKEx’s Suspension of Crypto Withdrawals

Huobi, one of OKEx’s biggest competitors, ensured its users that its platform is “currently operating normally,” after OKEx announced that it has suspended all cryptocurrency withdrawals indefinitely. дальше »

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These key metrics make a more bullish case for Bitcoin

Bitcoin's value has been appreciating over the past week and it currently stands at $11, 377. The value of the digital asset peaked a couple of days back at $11,731, but could not hold on to this leveThe post These key metrics make a more bullish case for Bitcoin appeared first on AMBCrypto. дальше »

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Analyst Who Called 2018’s Bottom Says Bitcoin Will Soon Move Towards $12k

Bitcoin has stalled over the past few hours. The cryptocurrency currently trades for $11,300, far above last week’s lows but below the highs of $11,750. Bitcoin is down 2% in the past 24 hours after news revealed that OKEx has frozen withdrawals for the time being. дальше »

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Bitcoin Crumbles On OKEx Suspending Withdrawals Indefinitely

Major Chinese cryptocurrency exchange OKEx suspended withdrawals indefinitely, revealing in a statement that one of its key holders has not been available because they are “currently cooperating with a public security bureau in investigations”. дальше »

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Breaking: OKEx Founder Reportedly Arrested by Police

The internal imbroglio currently affecting the OKEx crypto exchange platform has taken another turn with reports of the company’s founder in police custody. According to a report by Chinese media outlet Caixin, on Oct. дальше »

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Leading DeFi Coin Aave’s LEND Dives 15% Despite Positive Fundamentals

Aave’s LEND token, along with its new token AAVE, has dropped heavily in the past 24 hours despite stagnation in the Bitcoin and Etheruem price. The coin currently trades down 15% over the past day, underperforming BTC’s mild -0. дальше »

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Tether (USDT) transaction volume goes up to $600 billion

Tether (USDT) has been the world’s largest stablecoin for years now, but over the last year, it managed to climb quite high. It currently stands as the world’s third-largest crypto based on market cap, and its most recent milestone includes surpassing $600 billion in volume. дальше »

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Charted: Filecoin (FIL) Rally Takes Breather, Key Uptrend Support at $60 Intact

Filecoin (FIL) started a strong rally above the $60. 00 and $65. 00 resistance levels. The price is currently correcting lower, but there is a strong support near the $60. 00 level. Filecoin price climbed sharply from the $52. дальше »

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OKEx приостановила вывод средств. СМИ сообщили о задержании основателя

Криптовалютная биржа OKEx приостановила вывод средств. Один из держателей приватного ключа не выходит на связь, на момент написания он сотрудничает с правоохранительными органами. Withdrawals of digital assets/cryptocurrencies @OKEx are currently suspended. дальше »

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OKEx приостановила вывод средств. СМИ сообщили об задержании основателя (обновлено)

Криптовалютная биржа OKEx приостановила вывод средств. Один из держателей приватного ключа не выходит на связь, на момент написания он сотрудничает с правоохранительными органами. Withdrawals of digital assets/cryptocurrencies @OKEx are currently suspended. дальше »

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Eerie Nasdaq Fractal Predicts Bitcoin Is About to See Its Next Leg Higher

Bitcoin has stagnated after topping out in August at $12,500. The leading cryptocurrency currently trades in the middle of the medium-term range at $11,400. While some think that this price action is clearly the coin nearing a top, an analyst thinks that the cryptocurrency is primed to erupt higher. дальше »

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There May Soon Be a Bitcoin “Shortage” Amid Institutional Adoption

Bitcoin has stagnated over recent weeks and months after peaking at $12,500 in August. The leading cryptocurrency currently trades at $11,450, stuck in the middle of the range between $10,000 and $12,500. дальше »

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Ethereum Foundation Introduces New Smart Contract Language Dubbed ‘Fe’ Aiming to Attract More Developers

The Ethereum Foundation has announced a new smart contract language dubbed ‘Fe’ which is currently in development. This language derives its fundamentals from an Ethereum compiler known as ‘Vyper’; its code is written on Ethereum’s Virtual Machine (EVM) Rust programming language. дальше »

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Ethereum Could Push to $420 if It Flips One Key Level into Support

Ethereum is currently caught within a consolidation phase alongside Bitcoin and its other peers This has made its near-term outlook somewhat unclear, as where it trends next may depend largely on the price action seen by BTC Overnight, an influx of selling pressure caused its price to plunge just over 1%, with this decline sending it below the crucial $380 level This level has long been pivotal for Ethereum, and its recent break above it […] дальше »

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Bitcoin is Hovering Above a Crucial Level; Here’s What to Watch For

Bitcoin and the entire crypto market are still caught in the same consolidation phase that they have been trapped within throughout the past few days The market has been struggling to maintain its momentum as its buy-side pressure wanes BTC’s current stability isn’t overtly bearish, however, as it also indicates that sellers don’t have any serious backing at the moment Where the entire market trends next likely depends on Bitcoin, which is currently trading above […] дальше »

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Filecoin Currently Valued at $323 Bln, Dwarfing Bitcoin's Market Cap

One of the biggest ICOs launched its mainnet today to much fanfare дальше »

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Five exchanges hold 10% of Bitcoin’s circulating supply

The five largest cryptocurrency exchanges currently hold nearly 1.7 million bitcoins. About 10% of... The post Five exchanges hold 10% of Bitcoin’s circulating supply appeared first on Coin Journal. дальше »

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The Bahamas central bank wants to make its digital ‘Sand Dollar’ global

The Bahamas’ digital currency is currently used domestically.

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Aave protocol is safe says new DeFi Pulse tool

Aave has over $1 billion in total value locked and is currently the fourth...

The post Aave protocol is safe says new DeFi Pulse tool appeared first on Coin Journal.

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CFTC Chairman Tarbert is Impressed by Ethereum, “Period”

Ethereum has faced a strong drop since the August highs of $490. The coin currently trades for $375, far below the aforementioned highs. The cryptocurrency remains in a fundamentally strong position, though, analysts say. дальше »

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Eerie Chainlink (LINK) Fractal Predicts a Drop Towards $6

Chainlink (LINK) has undergone a strong bounce since the lows under $8 it set in September. The leading cryptocurrency currently trades for a price around $11, almost 50% above those lows. Despite this recovery, not everyone thinks it will last. дальше »

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TA: Ethereum Looks Ready For Another Leg Higher Unless It Dives Below $365

Ethereum failed to clear the $388 resistance zone against the US Dollar. ETH price is currently holding the $365 support and it could resume its upward move. Ethereum corrected lower below the $380 and $375 support levels. дальше »

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Bitcoin Held By Public Companies Now On Par With Past Market Cap

The Bitcoin market cap is hovering at roughly $211 billion currently, but four years earlier, it was a meager $6.8 billion. This figure matches the BTC supply public companies now hold alone, and it could provide the “writing on the wall” regarding what to expect in terms of the asset’s future growth. Bitcoin Matures Into […] дальше »

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Ethereum Remains Strong So Long as It Defends One Critical Level

Ethereum and the entire cryptocurrency market are currently caught within a consolidation phase This has come about due to Bitcoin’s tight bout of trading between $11,400 and $11,600 ETH is trading above a critical level that it was previously struggling to surmount This is a bullish sign that indicates it may be well-positioned for a strong move higher in the near-term That being said, one analyst believes that ETH’s price could drift significantly lower while […] дальше »

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Two Key Trends Show That Bitcoin Will Correct After $1k Rally

Bitcoin has dropped slightly since establishing highs of $11,730 on Monday. The leading cryptocurrency currently trades for just over $11,400. Bitcoin is expected to see some volatility as announcements are expected from China about blockchain or its digital currency. дальше »

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The Dharma DeFi Dilemma: Is Uniswap Becoming More Centralized?

DeFi protocol Uniswap is currently undergoing its first governance vote but the outcome may give more power to UNI whales. This reduces its decentralized properties according to normal cryptocurrency standards. дальше »

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It’s “Hard to be Bearish” on Ethereum as Key Supports Hold: Analyst

Ethereum has dropped lower over the past 24 hours after peaking just shy of $400. The cryptocurrency currently trades at $382 and is down a mere 0. 5% in the past 24 hours. Despite the drop from the local highs, analysts remain bullish on the asset. дальше »

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Solana Announces Wormhole, a Secure and Trustless Bridge to Ethereum

Solana, an open source project implementing a new, high-performance, permissionless blockchain, today announced Wormhole, a secure and trustless bridge connecting Ethereum to Solana. Wormhole, currently... дальше »

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TA: Ethereum Could Resume Its Rally Above $385, Key Supports Nearby

Ethereum corrected lower after testing the $395 resistance against the US Dollar. ETH price is currently following the 100 hourly SMA, and it could resume its rally above $385. Ethereum is following a nice bullish trend above the $375 and $380 levels. дальше »

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This Whale Trend Indicates a Flood of Retail Investors Will Soon Launch Bitcoin Higher

Bitcoin’s price action as of late is finally beginning to reflect the fundamental strength incurred throughout the past several months Virtually all on-chain metrics are currently playing in bulls’ favor, while other fundamental developments – like the adoption of BTC as a reserve asset – also give it a boost This fundamental strength may be what helped lead the cryptocurrency up from recent lows of $9,900 to highs of $11,700 that were tapped just days […] дальше »

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Ethereum long-term Price Analysis: 13 October

The digital asset industry has somewhat re-ignited its bullish momentum over the past week as Bitcoin emerged above $11,000 price level yet again. Ethereum kept pace with the king coin and currently, The post Ethereum long-term Price Analysis: 13 October appeared first on AMBCrypto. дальше »

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