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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


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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Bitcoin Hashrate Sinks Deeper Than During March Crash – Will BTC Price Follow?

Bitcoin’s hashrate has been on a steady decline ever since the halving a couple of weeks ago. The network’s computing power has now nosedived further below 100TH/s. The fall is even more astounding given that the hashrate is now at a level lower than the one witnessed following the mid-March crypto market fiasco. Data from […] дальше »

2020-5-27 00:06


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IMF Predicts Banks Will Struggle at Least 5 More Years After Global Economy Recovers

The International Monetary Fund (IMF) has predicted that banks will struggle to generate profits at least five years after the global economy recovers from the coronavirus-led economic crisis. The IMF explained that banks were struggling even before the covid-19 pandemic so their troubles “will extend to at least 2025, well beyond the immediate effects of […] The post IMF Predicts Banks Will Struggle at Least 5 More Years After Global Economy Recovers appeared first on Bitcoin News. дальше »

2020-5-27 23:05


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Bitcoin’s Break Below a Key Level has Opened the Gates for a Move to $5,900

Following an extended bout of sideways trading within the $9,000 region, Bitcoin has now firmly broke below this range as it trades around $8,800 Although the crypto has ardently defended its near-term support, its technical outlook does appear to be rapidly degrading Some analysts are even noting that its latest breakdown has opened the gates for it to see a movement that leads it as low as $5,900 in the weeks and months ahead Bitcoin […] дальше »

2020-5-26 02:00


COVID-19 Has Uncovered The Need for Verification by Blockchain In A Social Distancing World

Blockchain technology has proven to be a game-changer, even though cryptocurrencies which brought it into the mainstream is still struggling on the regulatory front. While cryptocurrencies were believed to liberate the society from a centralized financial system, blockchain has found various use cases well beyond the financial ecosystem. дальше »

2020-5-26 23:02


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Retail investors increase their holdings as Bitcoin’s price hovers below $9,000

Increase in the number of addresses with less than 0.1 bitcoins means most small investors are using the downturn in prices to increase their Bitcoin holdings Even as the bears push prices to their lowest levels since the halving, it appears the market is taking current price levels as buying opportunities, especially small investors that […] The post Retail investors increase their holdings as Bitcoin’s price hovers below $9,000 appeared first on Coinjournal. дальше »

2020-5-26 18:13


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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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Китайские власти приостановили бизнес-лицензию пекинского подразделения Bitmain

Конфликт в руководстве Bitmain привел к приостановке бизнес-лицензии пекинского подразделения майнингового гиганта. New update (I can’t even follow up with #BitmainDrama. . maybe time to ditch it?) Bitmain’s business license is now in custody of the Beijing police . дальше »

2020-5-23 17:12


Could the darknet be an accessory for hackers to liquidate stolen crypto funds? 

As the cryptocurrency industry moves forward, there have been growing concerns about its security, anonymity, use on the darknet, etc. Even though the crypto community has been trying to address theseThe post Could the darknet be an accessory for hackers to liquidate stolen crypto funds?  appeared first on AMBCrypto. дальше »

2020-5-22 11:00


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Even After 94% Crash From 2018 Peak, Analysts Think XRP Isn’t Done Falling Yet

While XRP is one of the most popular projects in the space, it has been one of the worst performing large-cap cryptocurrencies since the 2018’s highs. Even after the recent rally in this nascent market that saw most digital assets double in the span of six weeks, XRP is down by over 94% from its all-time high established on Bitstamp in early 2018. дальше »

2020-5-21 04:00


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This Crypto Could Soon Invalidate its Multi-Year Bullish Market Structure

Chainlink has seen some immense bullishness throughout the past two years, but its strong market structure dates back even further In spite of the crypto’s ongoing upswing that has led it past $4.00, analysts are still cautious about where it may go next One trader is even noting that he believes it will soon invalidate a key growth curve that has been pivotal to its multi-year uptrend Chainlink’s immense bullishness seen throughout 2019 and 2020 […] дальше »

2020-5-21 23:00


Ethereum’s Macro Technical Structure Signals It Could Rally to $750 in Months Ahead

Ethereum’s immense weakness in recent times may not last for too much longer, as one technical structure suggests the cryptocurrency could be poised to rally higher One analyst is even noting that the crypto could surge up to highs of $750 if this structure plays out This comes as data shows that investors on cryptocurrency exchange platform Bitfinex may have been heavily accumulating ETH throughout the past several months Ethereum’s immense weakness seen throughout the […] дальше »

2020-5-19 02:00


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The Bitcoin Dominance Rate Lessens, Alt-Season Hopes Fade

While the Bitcoin dominance rate (BTCD) has moved above an important resistance level, the altcoin dominance (ALTD) was rejected by its previous support area and has been decreasing since. While several altcoins have previously initiated strong upward moves, the majority of them have been correcting, decreasing towards and even below their pre-breakout levels. дальше »

2020-5-19 19:15


Elon Musk to JK Rowling: Massive Money Printing by Central Banks Making Bitcoin Look ‘Solid’

Yesterday, author J.K. Rowling asked that question, “I don’t understand bitcoin. Please explain it to me,” and about the entire Crypto Twitter jumped in to share their two sats. Even founder and CEO of SpaceX and Tesla CEO Elon Musk chimed in to explain while attacking banks in the process, making the perfect case for […] дальше »

2020-5-17 15:22


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Are Hedge Funds Going to Become the New Drivers of Growth for the Crypto Space?

2019 proved to be the year crypto-space came back from the crypto winter. 2020 is the year of stabilization. This stabilization is in part due to the rise of cryptocurrency hedge funds. Before now, traditional hedge funds didn’t want to delve into risky markets such as the crypto-space. Now, we have hybrid funds and even […] дальше »

2020-5-15 10:35


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Visa Files Patent For Blockchain-Based ‘Digital Fiat Currency’

Recent times have seen traditional financial companies hedging their bets or even fully leveraging blockchain technology. The application and acquisition of patents is how gargantuan companies truly show their fascination in a particular field, and Visa continues to break ground, now having filed a patent application in the blockchain space, one for developing a digital […] дальше »

2020-5-15 09:59