Barstool Sports’ Dave Portnoy Sees Bitcoin Price Reaching $12,000 Tomorrow

Bitcoin has been rejected several times by the key $12K resistance level in recent days, which was the only hurdle before surging higher. Nonetheless, investors have remained unequivocally bullish on the benchmark crypto. дальше »

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Here’s What Analysts Think Is Next After Ethereum Shoots 12% Higher

It’s been an explosive past few days for Ethereum. After consolidating under $400 for a number of days, the leading cryptocurrency shot higher on Thursday and then continued its ascent into Friday. дальше »

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Here’s How Low Ethereum May Need to Plunge Before it Can Rally Higher

Ethereum saw a massive price spike yesterday that allowed it to shatter its previous resistance at $400 From here, the cryptocurrency rallied nearly 10% higher until it hit the $430 region, which is where it found some short-term resistance Although being incredibly strong at the present moment, analysts are noting that it may first need to see a deep pullback before its price can push any higher This may lead it as low as $360 […] дальше »

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Price Analysis 8/14: BTC, ETH, XRP, LINK, BCH, BSV, LTC, ADA, BNB, CRO

Traders have turned bullish on Ethereum again and the strong break above $400 could pull Bitcoin and other altcoins higher.

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This Fundamental Metric Suggests Bitcoin is in the Early Stages of a Bull Run

Bitcoin and the entire crypto market was able to see a push higher yesterday afternoon, which came about shortly after Ethereum surged past its near-term resistance level ETH, which was previously stuck below $400, incurred an explosive rally that sent its price racing up to highs of $430 This provided BTC with a slight tailwind, but the benchmark cryptocurrency remains stuck below its $12,000 resistance Despite its technical weakness, from a fundamental standpoint, it appears […] дальше »

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Tron price explodes higher as BitTorrent network reaches 2bln downloads

Tron (TRX) price is trading over 12% today, just one day after it gained more than 10%. Separately, file-sharing platforms BitTorrent and uTorrent, owned by Tron, have now exceeded 2 billion downloads. дальше »

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Diversity and Inclusion in Blockchain and Crypto: The Gender Aspect

Diversity and inclusion are valued higher in the crypto space than in traditional finances, but there are some cultural obstacles we need to overcome. дальше »

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On-Chain Data Shows Why Bitcoin’s Next Leg Higher Is Just Starting

Bitcoin plunged as low as $11,100 earlier this week. The drop led many analysts to think that the cryptocurrency was poised to lose the gains it incurred in late July and early August. One trader said that assuming Bitcoin’s weakness earlier this week, a move to the $9,000s was entirely possible. дальше »

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Here’s Why Crypto Analysts Are Optimistic About Matic Network (MATIC)

Matic Network (MATIC), a popular altcoin, has surged 9% in the past 24 hours. The asset’s strong price performance comes in spite of Bitcoin and Ethereum stagnating, giving altcoins the opportunity to break higher. дальше »

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Ethereum rally takes price to 2020 high at $431

ETH/USD has hit a new local high at $431 and could extend to higher...

The post Ethereum rally takes price to 2020 high at $431 appeared first on Coin Journal.

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Billionaire Sees a “Much Higher” Gold: What Does it Mean for Bitcoin?

A bullish alert for gold from a billionaire bond investor has left Bitcoin in a similar upside spell. Jeffrey Gundlach, the chief executive of $135 billion DoubleLine Capital, said during a webcast on Tuesday that he expects the gold price to go much higher. дальше »

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Ethereum Price Soars To New 2-Year High: Uptrend Isn’t Over Yet

Ethereum climbed over 8% and it broke the main $400 barrier against the US Dollar. ETH price traded to a new 2-year high above $430 and it is likely to continue higher. Ethereum is up over 8% and it broke the key $400 and $405 resistance levels. The price traded to a new 2-year high […] дальше »

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Bitcoin Price Breaks 100 SMA: Here’s Why It Could Rally 5%-10%

Bitcoin price remained well bid above $11,400 and it broke the key $11,600 barrier against the US Dollar. BTC is now trading above the 100 hourly SMA and it could continue to grind higher. Bitcoin is back in a positive zone above the $11,500 and $11,600 resistance levels. дальше »

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Ethereum Transaction Fees Drop By 60% After Collapse of Yam Finance

Ethereum transaction fees are diving after the latest leg higher in decentralized finance (DeFi) has slowed down to an abrupt halt. Paying to transact on the network still costs an order of magnitude more than it did at the start of 2020, though. дальше »

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Analyst Who Called Bitcoin’s Move to $3,000s Thinks This Comes Next

Bitcoin is pressing higher after consolidating in the mid-$11,000s for a number of days. As of the time of this article’s writing, the leading cryptocurrency trades for $11,800. BTC is up 2% in the past 24 hours, underperforming Ethereum’s 10% performance. дальше »

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Bitcoin Prone to Seeing Downside as It Trades Below Key Level

Bitcoin and the aggregated crypto market are struggling to extend the mid-term uptrend that has driven them higher over the past few weeks This has come about as BTC pushes up against insurmountable resistance at $12,000 – a level that it has been rejected at on multiple occasions Analysts are now noting that it may require a daily close above $11,900 for it to see further upside that sends it past this price level There […] дальше »

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Ethereum Rockets to New Local Highs at $420—and More Upside Is Expected

It seems the second leg of the crypto bull market has finally arrived. In the past 30 minutes, Ethereum has shot higher after a week of consolidation. As of the time of this article’s writing, ETH trades for $420 — more than 7% higher than it was just an hour or two ago. The breakout […] дальше »

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Bitcoin Working on Being a Reserve Asset while S&P 500, Yield, & Inflation Takes the Wheel

The equities market is yet again just inches away from its all-time high. Yesterday, the ATH from February was briefly broken only for the S&P 500 to retrace a bit, currently sitting at 3,382. Another small leg higher today, and it will breach the new ATH at 3,387.89. It only took 175 days for the […] дальше »

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Why This Trader Expects XRP to Hit $0.75 in The Coming Weeks

XRP’s price has been facing growing selling pressure, which has caused it to lose the momentum that was previously driving it higher It now appears to be well-positioned to see further short-term downside, as the cryptocurrency has been struggling to break above its resistance at $0. дальше »

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Mike Novogratz: Bitcoin and Gold Likely to Head Even Higher This Year

Mike Novogratz, the founder of Galaxy Digital, thinks Bitcoin and gold are likely to head higher towards the end of the year. He reiterated this position in a tweet published on August 12th. This comes as Bitcoin has stalled in the high-$11,000s. дальше »

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Ethereum Price Regains Bullish Momentum, But $400 Still A Key Hurdle

Ethereum recovered nicely above the $380 and $390 levels against the US Dollar. ETH price must surpass the $400 barrier for another leg higher in the near term. Ethereum is up over 5% and it broke the key $380 and $390 resistance levels. дальше »

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Here’s Why Aave’s LEND Is Up 30% in the Past 24 Hours: DeFi Craze

Decentralized finance — better known as “DeFi” — is back in style once again. This segment of the cryptocurrency market has been surging higher once again, with tokens pertaining to the space gaining dozens of a percent in a day. дальше »

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Here’s why Ethereum’s Ampleforth (AMPL) is shooting 35% higher today

After spiking parabolically into the end of July, the pseudo-stablecoin Ampleforth (AMPL) suffered a large correction. The post Here’s why Ethereum’s Ampleforth (AMPL) is shooting 35% higher today appeared first on CryptoSlate. дальше »

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Bitcoin and Altcoins Get Worst of Market Correction As Britain Crashes Into Deep Recession

A fairly expected drop has been confirmed today as the market wiped out a couple of billions to reach a market cap of a little over $350 Billion. This comes as some of the top coins led by Bitcoin fell to recent higher supports. дальше »

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Polkadot Reveals Details of Upcoming DOT Redenomination

Blockchain interoperability platform, Polkadot has released details of its upcoming Denomination Day, when native DOT tokens will undergo a redenomination. On August 21, at block number 1,248,328, new DOT tokens will be 100 times smaller than before, with user balances correspondingly showing as 100x higher and the price lowering by the same multiplier. дальше »

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Gold and Bitcoin Reverse Direction as Treasury Yields Jump

The value of gold and Bitcoin reversed direction late Tuesday, as increases in Treasury issuances have driven yields higher. Gold prices saw the largest single-day drop in seven years, after hitting new all-time highs above $2,000. дальше »

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The Stars are Aligning for Ethereum’s Price; But Will Bears Prevail?

Ethereum has been struggling to garner any further upwards momentum in recent times This comes as the cryptocurrency struggles to break above the heavy resistance that has emerged around $400 ETH has been moving in lockstep with Bitcoin – which is also struggling to break its resistance at $12,000 Until both of these digital assets are able to push higher and shatter the massive selling pressure they are currently facing, they will likely extend their […] дальше »

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Derivatives Market Propels Exchanges to $2T Trade Volume in Q2

Cryptocurrency derivatives trading exceeded $2 trillion in Q2 of 2020 alone – a 2.6% increase from the previous quarter, and a 165% increase from the previous year. According to the latest data from TokenInsight, new business strategies by emerging exchanges such as Bingbon, XBG, HBTC and Phemex could push that figure even higher in the […] дальше »

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Bitcoin Price Holds Strong Above $11,500: A Strong Case for Upside

Bitcoin bounced back sharply after testing the $11,500 support zone against the US Dollar. BTC is likely to accelerate higher above $12,000 as long as it is above the 100 hourly SMA. Bitcoin is trading well above the $11,800 and $11,500 support levels. дальше »

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Bitcoin Transaction Fees Soar 550% in a Month, BCH, Dash Transactions Much Cheaper

The cost of sending a transaction over the Bitcoin network rose sharply over the past month, as the price of the top cryptocurrency climbed higher. According to latest data from Bitinfocharts, the average bitcoin (BTC) transaction fee soared by as much as 547% in the month to August 6, rising from just $1 to $6. дальше »

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Matic Network Shoots 15% Higher—Why Analysts Are Expecting More Upside

While Bitcoin and Ethereum have stalled over the past 24 hours, Matic Network (MATIC) has broken out. The prominent altcoin, currently the 96th largest by market capitalization, is up 15% in the past 24 hours alone. дальше »

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Tezos (XTZ) Is Preparing For Another Leg Higher as Chart Strengthens: Analysts

Tezos (XTZ) has been one of the best-performing cryptocurrencies of the past few days. The cryptocurrency surged approximately 15% this weekend once it cracked the pivotal $3. 40 resistance. XTZ now trades for $3. дальше »

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Price Analysis 8/10: BTC, ETH, XRP, BCH, LINK, BSV, LTC, ADA, BNB, CRO

Bitcoin price continues to decline at $12,000, but altcoins have taken advantage of the range-bound action by rallying higher.

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Blockchain Bites: Inside Cosmos, Bitcoin at $200B, DeFi Surges

Traders are expecting bitcoin to go higher. DeFi is surging in web traffic. And Cosmos is alive and well, despite internal feuding. дальше »

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Bitcoin Locked on Ethereum Explodes Higher while Lightning Network Value Unmoved

The number of Bitcoin locked on Ethereum continues to grow at a fast pace. A total of 18,221 BTC are now locked in WBTC, which has its market cap reaching a new all-time high as well, in the north of $200 million. дальше »

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More People Trading LINK than Bitcoin as Explosive Gains Puts Every Single Holder in Profit

Yesterday, a new all-time high was achieved by LINK at $14. 40 after gaining 52% over a period of three days. These gains helped push LINK to a higher position in the crypto market — it is the 6th largest cryptocurrency, replacing Cardano (ADA), with a market cap of $4. дальше »

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Ethereum Classic Prints Bearish On-Chain Signals Despite Bitcoin Breakout

Bitcoin is breaking higher, but the same cannot be said about Ethereum Classic (ETC). The popular altcoin has dropped in the past 24 hours, posting a loss of around 2%. This means the asset is underperforming BTC by 5%. дальше »

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Bitcoin Just Broke $12K To Start A Fresh Cycle of Strong Uptrend

Bitcoin is gaining momentum and it recently crossed $12,000 against the US Dollar. BTC is showing positive signs and it is likely to continue higher towards $12,400. Bitcoin is trading in a nice uptrend above the $11,800 and $12,000 levels. дальше »

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Bitcoin Erupts Past $12,000: Here’s What Analysts Think Comes Next

Just hours after the daily candle close, Bitcoin has begun to erupt higher. The cryptocurrency just minutes ago crossed above $12,000 for the first time since the flash crash on August 2nd. BTC bulls are believed to be in control after Bitcoin closed the weekly candle above the ever-important $11,500 level. дальше »

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Here’s Why Analysts Are Expecting For Ethereum To Drop Back Towards $370

Ethereum, following Bitcoin’s lead, is effectively flatlining into the week’s close around $390. This is above critical support levels, though bulls are not yet convinced that ETH is primed to move higher. дальше »

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An Analyst Isn’t Counting Out the Scenario Where Bitcoin Drops to $8,000

Disregarding the ongoing consolidation, Bitcoin has seen an explosive price performance in the past two weeks. In that time frame, the leading cryptocurrency has gained approximately 25. 8%. While this latest move higher brought the cryptocurrency above critical resistance levels in the $10,500 range. дальше »

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Analysts Expect Chainlink (LINK) Reversal After 50% Eruption to $14

Chainlink (LINK) has erupted higher in the past week, recently crossing above $14 for the first time ever. The asset trades at $14. 40 as of this article’s writing, which means that it is up by approximately 20% in the past 24 hours. дальше »

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Cardano short/medium-term price analysis: August 09

Trading at $0.145, Cardano is still the eighth largest cryptocurrency in the world, boasting a market cap of $3.66 billion. On a higher time frame, the coin has seen a surge of about 900% from March tThe post Cardano short/medium-term price analysis: August 09 appeared first on AMBCrypto. дальше »

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XRP Price Could Soon Rally 30% Towards $0.40 After Parabolic Surge

Over the past 24 hours, many facets of the altcoin market have ripped higher as Bitcoin, Ethereum, and XRP have entered a short-term consolidation pattern. As reported by NewsBTC, Chainlink (LINK) posted a 40% one-day performance at one point in the past 24 hours. дальше »

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Chainlink (LINK) Erupts to $13 as Buyers Continue to Rush In

Chainlink (LINK) has continued to surge higher since NewsBTC’s last market update. Just minutes ago, as per data from TradingView, the cost of the popular altcoin crossed above $13 just minutes ago, reaching a local high of $13. дальше »

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Zeus Capital asserts Chainlink will “dump” despite LINK rallying to $10

While Bitcoin and Ethereum have stagnated at local highs, Chainlink (LINK) has been pressing higher and higher over recent days. The post Zeus Capital asserts Chainlink will “dump” despite LINK rallying to $10 appeared first on CryptoSlate. дальше »

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Oracle Tokens Continue Rallying Even as Bitcoin Uptrend Pauses

Oracle tokens LINK and BAND continues heading higher despite a bearish correction phase in the rest of the crypto market. The rallies show traders’ growing speculation of the DeFi cryptocurrencies. дальше »

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Ethereum DeFi’s Poster Child Compound Surges 15%: What’s Next For COMP?

Bitcoin and Ethereum are pulling back, but Compound (COMP) is surging higher. The native governance token of the flagship of the decentralized finance space, COMP has gained 15% in the past 24 hours as per Coin Market Cap. дальше »

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BitMEX Leaderboard Trader Fears Bitcoin Could See a Second “Flash Dump”

Bitcoin has slid lower over the past 24 hours as the cryptocurrency failed to surmount $12,000 in the latest leg higher. As of the time of this article’s writing, BTC trades for $11,600 — 5% shy of the local highs. дальше »

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XRP Breaking Past This Crucial Resistance Could Trigger 45% Rally: Trader

XRP has gained approximately 50% in the past two weeks, following Ethereum on its steep rally higher. Analysts think the altcoin is poised to move higher should it break a critical resistance. Related Reading: Crypto Tidbits: Ethereum Surges 20%, US Banks Can Hold BTC, ETH’s DeFi Space Still in Vogue XRP Breaking This Pivotal Rally Could […] дальше »

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