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Cryptocurrency News Roundup for May 3, 2020
After failing to sustain its bullish momentum above $9,200, Bitcoin has been on a steady decline. As of press time, it is trading just over $8,600 — a key support level. A dip below could cause it to slide further down towards $8,400. дальше »
2020-5-4 11:56 | |
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Bitcoiners have a message for Warren Buffett amidst Berkshire Hathaway’s jaw-dropping $50 billion loss
Berkshire Hathaway, the giant conglomerate holdings firm headed by Warren Buffett has been the latest company to witness a massive decline in its stock prices as a result of the Covid-19 pandemic that has been whipping a lot of businesses into diminution. дальше »
2020-5-4 22:42 | |
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ECB in Full-On Emergency Mode as ‘Unprecedented Decline’ Hits Eurozone
The euro area is facing an “unprecedented” economic decline, the worst since records began. European Central Bank (ECB) President Christine Lagarde paints a picture of a central bank in full-on emergency mode after the bank kept its interest rates unchanged. дальше »
2020-5-3 18:45 | |
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Bitcoin balances continue to decline on exchanges; Trust coming into play?
Between 22 April and 29 April, Bitcoin's price fundamentals recorded their most significant growth since 13 March. Bitcoin's price went up by 23.63 percent, with its market cap surging by 17.50 percenThe post Bitcoin balances continue to decline on exchanges; Trust coming into play? appeared first on AMBCrypto. дальше »
2020-5-2 12:30 | |
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Crypto Exchanges Are On a Hiring Spree in Anticipation of Heightened BTC Halving Interest
The commerce department announced this week that the US economy shrank 4. 8% in the first three months of the year, the steepest decline since the last recession. The same is the case for Europe that covers 19 countries, its economy shrank by 3. дальше »
2020-5-1 18:27 | |
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Chainlink Nears Key Support After Being Battered by Overnight Decline
Although Chainlink has been one of the most bullish cryptocurrencies throughout 2019 and 2020, its short-term price action has lagged against that of Bitcoin and many of its other peers. The crypto is flashing some signs of immense short-term weakness after its bullish divergence was “destroyed,” leading some analysts to now watch for a significant... дальше »
2020-5-1 02:00 | |
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Here’s Why Bitcoin Could Rally to $10,000 Before Seeing a Brutal Decline
Bitcoin’s intense volatility seen yesterday didn’t let up overnight, as the benchmark cryptocurrency pushed as high as $9,500 before facing a swift rejection The crypto has been able to stabilize within the upper-$8,000 region in the time since Analysts are now noting that this strong upwards momentum could lead BTC as high as $10,000, although it may face a brutal rejection at this level that leads it significantly lower Bitcoin and the aggregated cryptocurrency market […] дальше »
2020-5-1 21:00 | |
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Bitfinex’s Cold Wallets are Being Drained of Bitcoin
Bitfinex is seeing its cold wallets shrink, as reports claim 57,000 BTC ($441M) has been drained in the past 70 days. The balance of Bitfinex’s BTC cold wallet is steadily dropping. On-chain metrics indicate a significant decline in the exchange’s BTC holdings. дальше »
2020-4-29 13:10 | |
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Here’s How Far Ethereum Could Drop if it Confirms an Ultra Bearish Technical Pattern
Ethereum, like most of its peers, has incurred a slight amount of selling pressure today that has led it to decline from highs of just under $200 that were set yesterday. This tempered move lower comes as the crypto is caught within a firm mid-term uptrend. дальше »
2020-4-28 04:00 | |
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Chainlink Could See Dire Losses as Technical Structure Degrades
Despite being one of the most bullish cryptocurrencies from a macro-perspective, Chainlink has seen an intense decline today that has led it to plummet by over 6%. Today’s downturn marks an extension of that which was first incurred a couple of days ago when LINK tapped highs of nearly $4.00. The strong resistance at this... дальше »
2020-4-28 00:00 | |
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Ethereum’s Aggressive Bids are Dissolving as Buyers Grow Weak
Ethereum has seen a slight rejection from its recent highs in the time following its decline from just below $200 Analysts are noting that there are multiple separate technical factors that point to an imminent breakdown One such factor is a major decline seen in the cryptocurrency’s buying pressure, which has been dissolving throughout the past several days and weeks Ethereum has been closely tracking the price action seen by Bitcoin in recent times. This […] дальше »
2020-4-28 23:00 | |
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Bitcoin Implied Volatility Almost Back To Pre Sell-Off Levels
Bitcoin has seen one of its biggest peaks of volatility in the past 2 months after the collapse of the entire global market in March. According to the crypto statistics platform, Skew, Bitcoin has seen a significant decline in its implied volatility after the crash on March 12. дальше »
2020-4-28 17:46 | |
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Bitcoin ETF Makes More Sense than Oil ETF in the Current Weakening Macro Backdrop
This week, the world saw oil prices falling into negative territory for the first time ever. As we reported, the deep decline in the price of oil was due to oversupply while the demand had a sharp fall as a result of coronavirus pandemic-induced economic shutdowns. дальше »
2020-4-27 21:23 | |
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“Simple Geometry” Shows Bitcoin is Bound to Drop Despite Healthy Consolidation
Bitcoin has stabilized above $7,500 following yesterday’s upswing Analysts are now noting that a confluence of factors suggest BTC will decline slightly before finding enough support to catalyze continuance of this uptrend This comes after a period that some traders have described as “healthy consolidation” Bitcoin has been able to maintain all of its recent gains overnight, as the benchmark cryptocurrency has begun stabilizing above the $7,500 region even in spite of the strength of […] дальше »
2020-4-26 21:00 | |
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Dutch Central Bank ‘Ready to Play a Leading Role’ with Digital Euro
A De Nederlandsche Bank report says a central bank digital currency would solve issues such as the decline in the use of cash during the pandemic
дальше »2020-4-22 07:35 | |
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Here’s Why Bitcoin’s Recovery From $3,800 Makes it the “Most Resilient Asset”
In early-March, Bitcoin incurred some of the roughest price action it has ever seen, with the benchmark cryptocurrency finding itself caught within a capitulatory decline that led it from over $8,000 to lows of $3,800. дальше »
2020-4-22 04:00 | |
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Bitcoin Money Flow and Futures Volume Signals Intense Volatility is Imminent
Bitcoin’s futures market is seeing surging aggregated open interest as the crypto finds itself caught within a bout of lackluster trading This coincides with the crypto seeing a decline in money flow The confluence of these factors suggests that BTC is gearing up for a big movement Bitcoin’s price action seen in recent times hasn’t been too exciting. дальше »
2020-4-22 02:00 | |
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Bitcoin Bulls Absorb Heavy Selling Pressure; But Move to $5,000 Still in the Cards
Bitcoin’s recent decline below the support that had been established in the lower-$7,000 region has been driven by heavy selling pressure, and it does appear that bears are vying to break the short-term support level that has been established at $6,800. дальше »
2020-4-22 00:00 | |
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Bitcoin Enters Multi-Year Trading Range as Mixed Signals Flash
Bitcoin has stabilized above $6,800 after its recent dip below $7,000 It has now entered what appears to be a historic trading range that has been developed over many years Analysts are noting that the crypto is now sending mixed signals with regards to where it might trend next In the time following Bitcoin’s intense decline below $7,000 yesterday, the benchmark cryptocurrency has since been able to stabilize above its near-term support at $6,800. It […] дальше »
2020-4-22 21:00 | |
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This Major Crypto is Poised for New Lows in 2020 as Macro Structure Degrades
2020 has been a particularly rough year for Litecoin, with the crypto closely tracking Bitcoin’s price action and trading right around where it started the year at. Although LTC has been able to avoid declining over a year-to-date period, it has severely underperformed Bitcoin in the time following its capitulatory decline from its mid-February highs.... дальше »
2020-4-21 00:00 | |
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XRP’s Price Could Keep Falling as Holders Decrease
In brief: A new report by eToro and The Tie shows that the number of Twitter users discussing XRP has fallen drastically. The report also indicates that members of the XRP army have continued to decline since January 2018. дальше »
2020-4-24 16:33 | |
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NEO Price Analysis - Diminutive on-chain activity and a high degree of centralization
As NEO continues a transition period towards NEO 3.0, on-chain metrics have continued to decline or range over the past two years. дальше »
2020-4-19 15:01 | |
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Ethereum Just Reversed But Bulls Are Not Out of Woods Yet
Ethereum is down close to 5% and it broke the $155 support area against the US Dollar. ETH price tested the main $145 support area and it is currently correcting higher. Ethereum struggled to clear the $160 resistance and decline below the $155 level. дальше »
2020-4-16 07:38 | |
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What Shrinking Crypto Communities Mean for the Prices of Bitcoin & Altcoins
Every notable Bitcoin bottom has been marked by a bout of capitulation in the crypto industry; at the end of 2018, BTC fell from $6,200 to $3,150 within two weeks, the 2015 bottom was marked by a more than 50% decline in three days, and so on. дальше »
2020-4-16 07:00 | |
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Bitcoin Vulnerable For Bigger Decline To $6K After This Technical Rejection
Bitcoin failed to surpass the $6,900 and $7,000 resistance levels against the US Dollar. BTC price is back in a bearish zone and it could continue lower towards $6,200 or $6,000. Bitcoin is down around 4% and it is now trading well below the $6,800 level against the US Dollar. There was a break below... дальше »
2020-4-16 06:28 | |
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Market Outlook: Bitcoin’s Inverse Head and Shoulders, Covid-19 Fears Decline, CME Futures Gaps
Digital currency markets have had a few lackluster days, as the entire crypto market valuation has dropped below the $200 billion mark on Monday. The following day on April 14, a number of cryptocurrencies have seen some slight gains between 2-9%. дальше »
2020-4-16 18:10 | |
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Daily Dogecoin Transactions Have Risen 35% Since Mid-February
While Bitcoin saw a marked decline in daily transactions through March and April, Dogecoin actually saw a significant increase. More people are sending DOGE now than just a month and a half ago, on-chain metrics say. дальше »
2020-4-14 03:15 | |
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JPMorgan Economists Now Predict a 40% Decline in Q2 GDP
Economists for JPMorgan Chase have revised their Q2 U. S. GDP forecast to a 40% decline. Previous estimates from the largest bank in the US had indicated a 25% decline. [CNBC] Additionally, the economist team has suggested unemployment will surge to 20% in April. дальше »
2020-4-12 12:15 | |
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Ethereum Investor Optimism Builds, Setup for a Long Squeeze
Retail investors seem overwhelmingly positive about Ethereum, which may create the perfect conditions for a sudden decline through a long squeeze. Long Ether Positions Explode Over the past few hours,...The post Ethereum Investor Optimism Builds, Setup for a Long Squeeze appeared first on Crypto Briefing. дальше »
2020-4-11 02:25 | |
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Ripple (XRP) Just Signaled “Sell” And It’s Vulnerable to Substantial Correction
Ripple is struggling to clear the $0. 2025 and $0. 2050 resistance levels against the US Dollar. XRP price is currently correcting lower and it could extend its decline towards $0. 1920 or $0. 1880. дальше »
2020-4-9 07:18 | |
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Stock Rebound is Trap, Go Bitcoin Instead: Galaxy Digital CEO
Billionaire Michael Novogratz said that the recent rebound in stocks might lead to another decline soon. Instead, he is confident in Bitcoin and gold. Bitcoin Will Be Among Ideal Safe-Havens Novogratz, CEO of crypto merchant bank Galaxy Digital, told CNBC’s “Squawk on the Street” that investors shouldn’t be misled by the recent spike in stock prices. дальше »
2020-4-8 23:26 | |
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Business Confidence Collapse Heralds Judgment Day for U.S. Economy
A record decline in business confidence betrays that the U.S. economy will take a brutal hit from coronavirus. And it won't recover soon. The post Business Confidence Collapse Heralds Judgment Day for U.S. Economy appeared first on CCN.com дальше »
2020-4-8 20:34 | |
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Algorand, Dash, Bitcoin Cash Price: DASH's 60.85% YTD performance might slowly decline
Dash takes the lead, in terms of relative performance, with a 60% return since 2020, while BCH ranks 2nd [15. 57%] and Algorand noted a -19. 02% return. Although all the altcoins felt the effect of BitcThe post Algorand, Dash, Bitcoin Cash Price: DASH's 60. дальше »
2020-4-6 22:30 | |
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Ethereum Breaking This Crucial Support Could Spark a Sharp Decline
Ethereum is struggling to gain bullish momentum above the $145 resistance against the US Dollar, similar to bitcoin. ETH price must stay above the $140 support area to remain in an uptrend. ETH price is currently facing a strong resistance near $145 and $150 against the US Dollar. There is a crucial support forming near... дальше »
2020-4-5 07:48 | |
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Bitcoin, Ethereum Options suggest surge in price soon; halving effect in play?
Both Bitcoin and Ethereum Options have seen their realized volatility [RV] decline, while their implied volatility [IV] is on the rise as well. Combining these metrics with others, it can be noted thaThe post Bitcoin, Ethereum Options suggest surge in price soon; halving effect in play? appeared first on AMBCrypto. дальше »
2020-4-5 22:30 | |
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DeFi platforms note sharp decline in outstanding debt; current value at $133.6M
The Decentralized Finance [DeFi] market, having over $1 billion in TVL across DeFi applications in February, was hit significantly by the market crash of 12-13th March. In fact, at the time of writingThe post DeFi platforms note sharp decline in outstanding debt; current value at $133.6M appeared first on AMBCrypto. дальше »
2020-4-4 12:30 | |
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Here’s Why Bitcoin’s Bullish Monthly Close Isn’t Enough to Thwart a Massive Selloff
Following Bitcoin’s bout of consolidation within the mid-$6,000 region, the benchmark cryptocurrency has seen a slight decline that has led it down towards the support that has been established around $6,000. дальше »
2020-4-2 23:00 | |
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Is Litecoin Leading the Crypto Market Back Toward 2015 Prices?
Litecoin is known for often being among the first altcoins to begin to see growth or decline after a period of sideways trading. Following the recent crash that shocked the crypto market, Litecoin has started to move once again and may be leading the market toward a devastating crash back to prices not traded at... дальше »
2020-4-2 22:00 | |
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OKEx to Host 11th IEO Amid Crypto Bear Market
OKEx has announced its 11th exchange-based token sale coming soon on the Jumpstart platform. With the crypto market still in a state of decline, will investors be tempted to try and make quick returns? OKEx Helps Entertainment Platform Launch Token Malta-based OKEx, which operates a spot and derivative trading platform, will launch the sale of DEAPCOIN (DEP) on April 8. дальше »
2020-4-2 21:00 | |
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The crypto market’s early-March meltdown revealed something super bullish for Bitcoin
March 12th is a day that will live in infamy for the crypto markets, with investors watching Bitcoin lead the entire market in an unprecedented downwards movement that led some altcoins to decline as much as 50 percent or more in a matter of mere hours. дальше »
2020-4-2 08:00 | |
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