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Analyst: Bitcoin Could Continue Flatlining as it Gears Up for Explosive Volatility

Bitcoin’s unrelenting trading range has offered investors few insights into its near-term trend This range has persisted since the start of May, and isn’t showing no signs of letting up anytime soon Overnight sellers did attempt to shatter the lower boundary of this trading range, although this was quickly reversed by ardent buyers who have since pushed it back to $9,400 It now appears that this consolidation trend could extend even further The resolution to […] дальше »

2020-6-20 02:00


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Ethereum Will Soon See 2,000 TPS with This Zero-Knowledge Layer-2 Application

A new layer-2 application running on Ethereum promises to bring scalability to the network, even touting “VISA level” transactional volume once deployed.   Addressing Ethereum Scalability Developed by Matter Labs, zkSync launched its beta product on the Ethereum mainnet on June 18, as announced via an official blog. дальше »

2020-6-19 15:07


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If History Rhymes, Ethereum May Have Just Hit Its Mid-Term Peak

Ethereum has been closely tracking Bitcoin’s price action throughout the past several weeks and even months, struggling to garner any independent momentum This correlation has grown particularly clear over the past few weeks, as ETH is now trading within a firm consolidation channel alongside BTC and other altcoins It is important to note that one fractal pattern has emerged that appears to suggest Ethereum has formed a mid-term top If history repeats itself, the crypto […] дальше »

2020-6-18 23:00


When Bitcoin Flashed This Signal in 2015, It Rallied 4,000%. It’s Back Again

With Bitcoin failing to break past the highs it established earlier this year, there have been some commentators seriously considering a steep correction. Ross Ulbricht, the founder of the Silk Road and one of the cryptocurrency’s earliest adopters, postulated that there’s a serious chance Bitcoin could revisit the $3,000s and maybe even lower. Ulbricht cited […] дальше »

2020-6-17 03:00


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Bitcoin Avoids Forming a Death Cross; Instead Confirms Bullish Triangle Pattern

Bitcoin’s sharp decline seen yesterday put it in peril of losing its macro technical strength and seeing even further downside The cryptocurrency has been able to largely invalidate this weakness, as it is now pushing up towards its previous consolidation channel Its strong reaction to its recent lows allowed it to narrowly avoid forming a so-called “death cross” on its cloud indicator It also confirmed the existence of a bull-favoring ascending triangle that could fuel […] дальше »

2020-6-17 02:00


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Ethereum Likely to Dive Towards $200 as Overnight Selloff Rattles Market Structure

Ethereum has decline today alongside Bitcoin and the aggregated crypto market, breaking below a key support level that was previously being defended by buyers It now appears that ETH could be well positioned to see even further downside in the days and weeks ahead One technical indicator is forecasting that it will plunge to $200 before it is able to garner any notable buying pressure This could lead it to break below a key support […] дальше »

2020-6-16 23:00


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Analysts Target a Sub-$200 Move for Ethereum Once it Taps This Crucial Level

Ethereum has been closely tracking Bitcoin’s price action throughout the past several weeks and months The cryptocurrency did recently form an incredibly bearish technical pattern that analysts are still closely watching There’s a strong possibility that the crypto could be positioned to see notable downside in the near-term due to this pattern One analyst is even targeting a movement down to the sub-$200 region This price action could be magnified by a recent surge in […] дальше »

2020-6-15 22:00


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XRP Has Been Setting Lower Highs for 886 Days; Why Analysts Expect More Weakness

XRP has been severely underperforming the aggregated crypto market throughout 2020 The crypto is now on its 886th day of selling lower lows Analysts do not believe that this trend is going to alleviate anytime soon, as there are other signs of weakness that it has been flashing in recent times One veteran trader even noted that it could soon plummet another 30% against its BTC trading pair XRP has been struggling to garner any […] дальше »

2020-6-13 23:00


Irony or Crushing The Competition? Facebook Continues To Block Crypto Ads, Despite Libra Effort

At the height of the crypto hype bubble, Facebook, Google, and other tech giants made an effort to block cryptocurrency-related advertisements and promotions from their platforms. While Facebook claims to have loosened their policy against crypto the firm continues to limit cryptocurrency ads from reaching customers on its social media platform – even despite attempting to launch a cryptocurrency of its own. дальше »

2020-6-11 18:00


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New Theory Claims ‘Satoshi Nakamoto’ Helped Run Drugs for Kingpin Pablo Escobar

Since the launch of the Bitcoin mainnet back in 2009, the most intriguing aspect of the top cryptocurrency has been its pseudo-anonymous founder, Satoshi Nakamoto. The creator of Bitcoin has remained anonymous even after Bitcoin peaked at its highest back in 2017, which has given rise to speculation, conspiracy theories, and of course, impersonators. Many […] дальше »

2020-6-9 23:45


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Tether’s USDT Issuance Possibly Led to the Bitcoin Price Surge After March Dip, Data Suggests

Bitcoin (BTC) has recorded a sustained upward momentum over the past couple of months with the digital asset’s price even surpassing the $10,000 level at some point. The virtual currency’s performance continues to defy odds as mainstream financial markets are struggling with the effects of the Covid-19 driven economic crisis. Bitcoin price surge tied to […] дальше »

2020-6-9 22:25