Crypto has a chance to upgrade the legacy financial system

Humanity may never have a better chance to change finance than we do now, and crypto and blockchain could help us.

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Bitcoin Is Printing a Textbook Bearish Reversal Pattern: $9,000s in Play

Bitcoin’s recent rally has seemingly been bullish, bringing the asset above $10,500, then $11,500. As of this article’s writing, the cryptocurrency trades for $11,500. BTC may actually be trading in a textbook top pattern, though. дальше »

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Current Bitcoin Price Action Closely Follows Textbook Distribution Pattern

Bitcoin bulls are currently attempting to turn weekly resistance at $11,500 into support. However, failure may be likely according to an ominous pattern the cryptocurrency is painting. Recent price action in the first-ever cryptocurrency closely mimics that of a Wyckoff distribution model. дальше »

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Analyst: Ethereum Likely to Plunge Towards $320 After Tapping This Key Level

Ethereum has been closely tracking Bitcoin’s price action throughout the past few weeks, although it has been able to outperform the crypto in recent days The cryptocurrency is currently trading up significantly from recent lows of $379 that were set during its recent selloff While BTC remains below its pre-selloff highs, Ethereum has been able to surge past them Despite this strength, analysts are still noting that the crypto may plunge into the lower-to-mid $300 […] дальше »

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Australian racing groups probe firm allegedly involved in OneCoin

Phoenix Thoroughbreds may need to wait before racing again.

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History shows Bitcoin price may take 3-12 months to finally break $20K

The price of Bitcoin could now trade sideways for several months to potentially a year, historical data shows.

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Here’s The Reason Bitcoin May Not Break $20K Record For Another Year

Bitcoin breaking through $10,000 immediately brought with it the return of talk of new all-time highs. But the longer the cryptocurrency stays this far below the stock-to-flow model, the more likely lengthening market cycles become more plausible. дальше »

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Here’s Why Bitcoin May Face a Harsh Correction Before It Can Rally Higher

Bitcoin is in the process of stabilizing following the swift rebound it incurred overnight This allowed the benchmark crypto to climb from lows of $11,150 to highs of $11,500, around which price it is now hovering around Analysts are noting, however, that there is a path forward for the cryptocurrency to see a much stronger correction than the one seen yesterday One trader is watching for a rejection at $11,700, as he notes that this […] дальше »

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Here’s How Low Cardano (ADA) May Plunge Before Starting Its Next Uptrend

Cardano (ADA) has been struggling to maintain its momentum in recent weeks, with the hype surrounding the launch of the Shelley mainnet upgrade beginning to fade. This has had dire implications for ADA’s price, which has been struggling to maintain the intense uptrend that it has previously been caught within. Analysts are noting, however, that […] дальше »

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Ministers used influence to pilfer millions in alleged Ponzi Scheme

They even wrote a self-help book about becoming a millionaire. Sounds like that may need to be updated.

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As Tezos Reaches Key Support, Analysts Look Towards Chainlink for Guidance

Tezos’ price has been caught within a downtrend throughout the past couple of weeks, slowly grinding lower alongside Bitcoin and Ethereum while most other mid-cap altcoins incur parabolic momentum. Analysts are now noting that where the cryptocurrency trends next may depend nearly entirely on Chainlink, as many investors have been treating XTZ as a “slower LINK” […] дальше »

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This Support May Launch Ethereum to $500, But Signs of Weakness Remain

Ethereum has seen a strong rebound from its daily lows. This has allowed it to climb into the $390 region This upsurge came about in tandem with that seen by Bitcoin and most other major cryptocurrencies This market-wide movement has allowed cryptocurrencies that were battered by yesterday’s downturn to erase virtually all of their recent losses For ETH, one analyst is now setting his sights on a movement up towards $500 in the near-term That […] дальше »

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Bitcoin Bulls Defend Critical Level as Traders Target Upside

Bitcoin bulls have been able to catalyze some slight momentum today that erased all of the losses that came about as a result of yesterday’s dip. Analysts are now noting that the benchmark cryptocurrency may be well-positioned to see further near-term upside, which could come about as a result of the strong support that was […] дальше »

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Winklevoss Twins Pen Down the Bullish Case for $500k Bitcoin

The Winklevoss twins —the founders of the regulatory compliant Gemini, are convinced the U. S. dollar is no longer a reliable store of value. Instead, their confidence is on Bitcoin.   Gold and Oil as Store of Value Assets On Aug 27, the Winklevoss twins penned an article detailing why the digital asset may rise to $500k a pop,Read MoreRead More. дальше »

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Winklevoss Brothers Say Bitcoin Could Reach $500K as the ‘Only’ Long-Term Inflation Hedge

"Bitcoin is ... the only known commodity in the universe that has a deterministic and fixed supply," the Winklevoss brothers wrote in a blog post saying the cryptocurrency may one day hit $500,000. дальше »

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Stablecoin Offerings Expand with DeFiDollar Debut and USDC2 from Coinbase

New and upgraded stablecoins have entered the burgeoning dollar-pegged token market this week which may ease the burden on current networks and sky-high gas fees. Tether is still the king of the stablecoins, but with two-thirds of its supply based upon Ethereum, there is definitely room for others. дальше »

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Gemini CEO reveals what needs to happen for BTC to hit $500k

With Bitcoin price more than halfway towards its ATH, many in the crypto industry have speculated what might happen in weeks and months to come, and where the price may end up. Ever since 2017, experts have been predicting various levels that BTC price could reach in the future. дальше »

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DeFi Darling Aave (LEND) May Face Correction as Price Reaches Overbought Levels

The Ethereum-based LEND, the native token for the Aave protocol, has seen a stunning performance over the past few months as DeFi has risen to prominence. The asset has gained in excess of 5,000% from the lows of 2019. дальше »

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Bitmain, Ebang Among 21 Bitcoin Mining Farms Stripped of Energy Perks in Inner Mongolia

Affected mining centers in the area may see a notable increase in electricity costs. дальше »

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Is 2020's "DeFi mania" the next evolution of financial markets?

This year’s DeFi growth may become the defining crypto event of 2020. But what does a “DeFi mania” actually mean?

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Bitcoin may see $14,000 by the end of August 2020

Although the leading cryptocurrency saw a decline in March this year along with the...

The post Bitcoin may see $14,000 by the end of August 2020 appeared first on Coin Journal.

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Bitcoin Plunges Following Failed Breakout; Miner Selling Pressure Ramps Up

Bitcoin has been caught in the throes of some immense turbulence throughout the past few days. This volatility has primarily favored sellers, and today’s price action has only further enhanced the notion that further downside may be imminent for the benchmark cryptocurrency. дальше »

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Digital Currency Group Барри Силберта вошла в индустрию майнинга биткоина

Американская майнинговая компания Foundry стала 100% "дочкой" Digital Currency Group (DCG), основателем и CEO которой является Барри Силберт. Unveiling our 4th subsidiary, Foundry, a bitcoin mining and crypto staking business We have committed to invest an additional $100 mm through 2021 to help build out the North American mining industry Oh, and we believe we may already be the largest BTC miner in North America. дальше »

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After $1,000 Drop, Bitcoin Buy Signal Could Conjure Bullish Reversal

After an incredible 2020 recovery rally from Black Thursday lows, Bitcoin price may have topped out for the year. Several indicators have been pointing to a peak in the cryptocurrency; however, a buy signal on daily timeframes could suggest a short term recovery instead. дальше »

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Crypto Mom: ‘Americans Shouldn’t Need Permission to Invest’

SEC Commissioner Hester Peirce had the crypto community at hello. Yet “Crypto Mom,” as she’s known, continues to capture the hearts and minds of crypto investors everywhere. Crypto may no longer be the Wild West, but it does require somewhat of a no-holds barred approach to investing at times. дальше »

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Why Bitcoin price may simply shrug at Fed chair Powell’s ‘Brrr’ speech

Fed chair Jerome Powell will give a speech on inflation on Thursday, but it may not affect the price of Bitcoin and gold, some commentators argue. дальше »

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Analyst: Tether (USDT) may be doing more to skirt capital controls than Bitcoin

On Crypto Twitter and in the media, Bitcoin is touted as the one way through which anybody in the world can reliably skirt capital controls. The post Analyst: Tether (USDT) may be doing more to skirt capital controls than Bitcoin appeared first on CryptoSlate. дальше »

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Here’s Why This Historically Accurate Analyst Thinks Bitcoin is In No Man’s Land

Bitcoin has flatlined in the mid-$11,000s over the past few days. Some say that this formation is bullish as BTC remains above the $10,500 support. A historically accurate analyst thinks that Bitcoin may technically be in no man’s land. дальше »

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Chainlink Forms Strong Base of Support as Analysts Eye Move to All-Time Highs

Chainlink has been forming what appears to be a strong base of support within the mid-$13.00 region, as each dip here has resulted in it seeing a strong rebound. This is leading analysts to note that upside may be imminent, as the multiple strong reactions to this level throughout the past several days is a […] дальше »

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Dave Portnoy says he may “save” Chainlink after LINK dives 25%

Last week, Barstool Sports founder Dave Portnoy exited the crypto market after a brief foray. The post Dave Portnoy says he may “save” Chainlink after LINK dives 25% appeared first on CryptoSlate. дальше »

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This Fractal Suggests Ethereum May Rally Past $500 Before Plunging Lower

Ethereum is struggling to maintain the slight momentum it found yesterday after its price reeled down to lows of $370 After bouncing up towards $390, bulls started facing faltering momentum that ultimately led the asset’s price back down towards sub-$380 Because Bitcoin is currently expressing signs of weakness, it remains incredibly unclear as to where the market may trend in the near-term One analyst is pointing to a strikingly accurate fractal for guidance, which shows […] дальше »

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Whitelisted Withdrawals: The Next Step in Crypto KYC Evolution

With financial regulators demanding stricter compliance levels for crypto businesses, exchanges may soon only process withdrawals involving “whitelisted” addresses. Where only a handful of platforms observed know your customer (KYC) verification, customer ID checks are now common on centralized exchanges. дальше »

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Tyler Winklevoss Believes Federal Reserve Is ‘Biggest Booster’ for BTC

Coinspeaker Tyler Winklevoss Believes Federal Reserve Is ‘Biggest Booster’ for BTCWhile Tyler Winklevoss has highlighted the positive tilt of Powell’s policy turnaround as favorable to Bitcoin (BTC), analysts believe the plan to shore up inflation may be good for the economy now. дальше »

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Google Trends data shows retail investors may soon flood into the crypto market

Retail investors have proven to be a powerful, market-moving force many times over the past several years. The post Google Trends data shows retail investors may soon flood into the crypto market appeared first on CryptoSlate. дальше »

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Soon Most Exchanges Will Withdraw Crypto Only to "Whitelisted" Wallets: BlockTower Capital CIO

BlockTower Capital's Ari Paul shares his take on how regulation rules may change in one or two years and impact crypto exchanges, cryptocurrencies, money laundering, etc. дальше »

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Bitcoin Drop Squeezes Out Weak Derivatives Positions – And That May Be a Good Thing

Bitcoin’s latest price drop may have a silver lining. дальше »

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Official Notice Says Cheap Electricity to End for Inner Mongolian Bitcoin Miners

Regional reports say that officials from Inner Mongolia delineated 21 bitcoin mines, as the region plans to stop subsidized electrical rates for certain data firms. Unless the bitcoin mining facilities pack up and migrate, mining farms may see an electrical price increase by one third. дальше »

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Bitcoin Analyst Makes A Serious Bearish Call: A Drop Below $10.2K

An ongoing correction in the Bitcoin market may lead the cryptocurrency lower below $10,500, according to Alexander Nikitin. The founder of MPS Trade, an independent trading consultancy portal, spotted BTC/USD in a Head & Shoulder breakdown pattern. дальше »

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Here’s the Key Support Bitcoin Must Defend to Avoid Serious Downside

Bitcoin has been struggling to garner any clear upwards momentum throughout the past several weeks This has degraded its technical strength, resulting in it seeing heightened selling pressure Analysts are growing somewhat cautious about the crypto’s near-term outlook Nonetheless, it is essential to note that it remains above multiple crucial levels As such, until these support levels throughout the lower-$11,000 region are broken, BTC may still be well-positioned to see further upside Bitcoin and the […] дальше »

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Bitcoin price drop below key support may trigger CME gap fill at $9.7K

Bitcoin price has dropped by 6% in less than two days and three factors appear to be behind the pullback.

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A Blockchain company in Seoul may be ground zero for a fresh resurgence of COVID-19

A major South Korean tech hub is under scrutiny by local health authorities.

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Forthcoming Yield Farming Project Dispenses With Governance

Everyone may be talking about governance on Ethereum, but the yet-to-launch DeFi project Liquity is taking a contrarian view: zero governance. дальше »

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Ethereum Isn’t Clear of Danger Yet, But Analysts are Eyeing a Move to $500

Ethereum has seen a sharp decline over the past several hours that has caused it to break back below $400 This movement came about in tandem with a similar decline seen by Bitcoin and has sent shockwaves throughout the aggregated crypto market Analysts are now noting that ETH may be poised to see further near-term weakness, but its bull case remains strong One trader is noting that Ethereum has yet to break below a crucial […] дальше »

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Bitcoin’s Bull Case Degrades Following Selloff; What Analysts Are Watching

Bitcoin has seen some slight downside today, marking a bearish resolution to the bout of sideways trading that it has been caught within throughout the past few days Yesterday, bulls were showing some signs of strength as they pushed the crypto towards $12,000 This fleeting momentum seems to indicate that bulls are still plagued by underlying weakness As for where BTC may trend next, analysts are noting that this did strike a blow to the […] дальше »

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What death spiral? Bitcoin mining difficulty rises by 9% since halving

Bitcoin mining difficulty has risen by 9% since the May 11 halving, demonstrating that the ecosystem remains healthy despite post-halving miner capitulation fears. дальше »

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Bitcoin: how to play the long game?

Back in May 2019, Bitcoin started at $4000 and came close to $14000 however the momentum could not be sustained and there was a subsequent fall in the price. There were signs of a bull run in the firsThe post Bitcoin: how to play the long game? appeared first on AMBCrypto. дальше »

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Ripple Price Analysis - Golden Cross in USD markets

A Golden Cross recently occurred in the XRP/USD markets, which last occurred in May 2019. Technicals indicators for the pair are broadly bullish, as the spot price has also crossed above both the 200-day EMA and the daily Cloud. дальше »

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Ethereum May Still Confirm a Pattern That Would Imply a Breakdown to $320

Ethereum has been pushing higher after reaching $380 late last week. The asset trades for $400 as of this article’s writing, bouncing around 5% from last week’s lows. At the highs on Monday, ETH traded for $410 as buyers stepped in en-masse. дальше »

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Analyst: Ethereum Likely to Plunge to $370 as It Reaches Key Resistance

Ethereum saw a sharp and sudden upswing yesterday that allowed it to post some notable gains The cryptocurrency has now resecured its position within the lower-$400 region, with bulls building major strength following the break above its key resistance level That being said, analysts are still noting that massive resistance that exists right around $408 may prove to be insurmountable in the near-term The selling pressure here may open the gates for ETH to see […] дальше »

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Why Bitcoin May Need to Test $11,000 Before Climbing Higher

Bitcoin is starting to gain some slight momentum as the cryptocurrency’s price climbs up towards $11,800 This marks a notable surge from recent lows of $11,400 that were set just a few days ago, and it does appear that the crypto is poised to see further upside One factor boosting BTC’s outlook is Ethereum’s intense swing up to highs of $410 In the past, Ethereum has front-run movement seen by Bitcoin and the rest of […] дальше »

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