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Cryptocurrency News Roundup for Aug 3, 2020
Bitcoin started the week on a positive note after an unusually volatile weekend by recent standards. The BTC/USD price temporarily reached a local high of over $12,000. The eventful weekend was preceded by a credit-rating downgrade from Fitch who placed a “negative outlook” on the United State’s triple-A rating on Friday. дальше »
2020-8-4 22:43 | |
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Bitcoin can blow past $12,000 - if it follows gold's lead
Bitcoin's Sunday surprise was a blow-off, and if similar moves by other asset classes are to go by, it was a positive move. On 2 August, between 0400 and 0500 UTC, Bitcoin's price dropped by 8 percentThe post Bitcoin can blow past $12,000 - if it follows gold's lead appeared first on AMBCrypto. дальше »
2020-8-3 16:30 | |
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Bitcoin Breaks into a New 2020 High as On-Chain Data Signals Start of ‘Main Bull Phase’
Today, bitcoin made yet another 2020 high at around $11,740 as the digital asset jumps another 5% on $2. 5 billion. The leading digital asset has started a new month on a green note after ending July, with over 23% positive returns. дальше »
2020-8-1 16:52 | |
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Ethereum‘s Breakout Rally Suggests Bitcoin is Poised to Explode Past $12,000
Ethereum and Bitcoin are both showing immense signs of strength today as they push towards their recently established key resistance levels ETH once again appears to be leading Bitcoin, as its large upwards price movements now tend to take place just before those seen by BTC This could prove to be incredibly positive for the benchmark cryptocurrency, as analysts believe it could help send it past $12,000 in the days ahead For this possibility to […] дальше »
2020-8-1 21:00 | |
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This Simple Bullish Pattern Suggest Ripple (XRP) Could Surge Above $0.25
Ripple is up over 2% and it is showing positive signs above the $0. 2400 resistance zone against the US Dollar. XRP price is likely to accelerate gains if it clears the $0. 2500 resistance. Ripple price started consolidating gains after it rallied towards the $0. дальше »
2020-7-31 10:48 | |
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Bitcoin’s Bright Future, Adoption Hurdles, and DeFi Picks with MMCrypto’s Chris
As Bitcoin hits highs not seen thus far in 2020, BeInCrypto joined MMCrypto’s Chris for a chat about the current state of the cryptocurrency market and where it’s headed. Over the course of the interview, Chris touched upon the positive feedback loop created by global financial mismanagement, the barriers Bitcoin must overcome to achieve widespread […] The post Bitcoin’s Bright Future, Adoption Hurdles, and DeFi Picks with MMCrypto’s Chris appeared first on BeInCrypto. дальше »
2020-7-30 18:00 | |
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Ethereum Futures Hit $1 Billion as Forecasts Show Positive Interest in the Decentralized Platform
Coinspeaker Ethereum Futures Hit $1 Billion as Forecasts Show Positive Interest in the Decentralized PlatformFor the first time in the history of Ethereum, its futures contract has generated unprecedented interest as it has eclipsed $1 billion. дальше »
2020-7-29 22:12 | |
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Ethereum Futures Hit $1 Billion as Forecasts Show Positive Interest in Decentralized Platform
Coinspeaker Ethereum Futures Hit $1 Billion as Forecasts Show Positive Interest in Decentralized PlatformFor the first time in the history of Ethereum, its futures contract has generated unprecedented interest as it has eclipsed $1 billion. дальше »
2020-7-29 22:12 | |
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Ripple (XRP) Holding Uptrend Support: Here’s Why It Could Follow Bitcoin’s Rally
Ripple traded to a new monthly high at $0. 2252 against the US Dollar. XRP price is currently holding the $0. 2145 support zone and it could rally above $0. 2200. Ripple remained in a positive zone above the $0. дальше »
2020-7-27 10:48 | |
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Bitcoin Price Holds Strong at $10,000: A Strengthening Case for More Gains
Bitcoin rallied over 4% and it broke the key $10,000 resistance against the US Dollar. BTC is showing a lot of positive signs and it is likely to rise further above $10,200. Bitcoin gained bullish momentum above the $9,800 and $10,000 resistance levels. дальше »
2020-7-27 06:48 | |
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Here’s the Level Bitcoin Needs to Break to See a “Textbook Swing” to $10,500
Bitcoin’s price action in the time following its break above its multi-week trading range between $9,100 and $9,300 has been quite positive. The cryptocurrency is now starting to stabilize around $9,600, and buyers are slowly pushing through the key resistance levels that have been suppressing its price action. дальше »
2020-7-26 21:00 | |
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Why Bitcoin’s Bullish Accumulation Pattern Could Still Result in a Move to $7k
Bitcoin and the aggregated cryptocurrency market are continuing to flash some signs of strength BTC is now pushing up towards $9,600, with its slow grind higher allowing it to surmount the slight resistance it faced around this price region This recent price action does appear to confirm the existence of a bullish accumulation pattern, which is a positive sign for its outlook One analyst is explaining that the crypto could still decline towards $7,000 despite […] дальше »
2020-7-26 19:00 | |
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Here’s Why VISA’s Mentioning of Bitcoin Is Positive For the Space
Pundits of cryptocurrencies and Bitcoin supporters alike all agree, that the biggest barrier to adoption is mainstream acceptance. It won’t be until crypto achieves VISA-level penetration that the asset class has a chance to replace cash. дальше »
2020-7-25 00:00 | |
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Banks Putting 1% of Assets Into Bitcoin Could Send BTC Past $20k: Analyst
U. S. banks can now hold cryptographic keys, meaning they can store Bitcoin, Ethereum, and other digital assets. Analysts say that this move is extremely positive for this space. One commentator says that a move by U. дальше »
2020-7-25 15:00 | |
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Bitcoin’s Latest Surge Higher Is Extremely Positive: Factors to Consider
For the past month, Bitcoin has effectively flatlined in an extremely tight consolidation pattern. Prices have been locked in a ~7% range between $8,900 and $9,400. Earlier this week, the cryptocurrency began to resolve the consolidation by inching higher. дальше »
2020-7-25 13:00 | |
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This Simple Pattern Suggests Ethereum Is Preparing For Another Leg Higher
Ethereum is showing positive signs and it traded to a new monthly high at $281 against the US Dollar. ETH price likely to continue higher as long as it is above $260. Ethereum extended its rally above the $270 and $275 resistance levels. дальше »
2020-7-24 11:21 | |
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Why Regulators Allowing US Banks to Hold Bitcoin Is So Positive for Crypto
On Wednesday, the Bitcoin and crypto market was treated with positive news from U. S. regulators. The Office of the Comptroller of the Currency (OCC) wrote on July 22nd that American banks are allowed to hold cryptographic keys. дальше »
2020-7-24 06:00 | |
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Ripple (XRP) Bullish Breakout Seems Real: Indicators Suggest Sustained Rally
Ripple is up over 2% and it broke the main $0. 2000 resistance zone against the US Dollar. XRP price is trading in a positive zone and it could continue to rise towards $0. 2120 or $0. 2150. Ripple price broke a couple of important hurdles near the $0. дальше »
2020-7-23 10:58 | |
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Why Ethereum May Severely Underperform DeFi Tokens During Next Bull Market
Ethereum has seen some positive price action throughout the past day, although it remains highly correlated to that of Bitcoin It also remains caught within its macro trading range between $230 and $250, with its buyers being unable to surmount the upper boundary of this range ETH investors have been speculating that the growth seen within the DeFi sector could be enough to propel the crypto higher That being said, one analyst and fund manager […] дальше »
2020-7-23 23:00 | |
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Ethereum Gas Usage Tops All-Time High Amid DeFi and Stablecoin Tear
The Ethereum network seems to be cracking under pressure as stablecoins and the DeFi ecosystem continue to expand. As a result, gas usage has skyrocketed to new highs along with network fees—so how can this be positive for Ethereum? As DeFi markets near $3 billion total value locked, the strains on the Ethereum network are […] The post Ethereum Gas Usage Tops All-Time High Amid DeFi and Stablecoin Tear appeared first on BeInCrypto. дальше »
2020-7-21 13:14 | |
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DeFi's staggering growth in TVL is a positive feedback loop
The DeFi ecosystem has come a long way since 13 March. After tumbling all the way down to $571 million in Total Value Locked (TVL) from a high of $1.28 billion on 15 February, all hope for its future The post DeFi's staggering growth in TVL is a positive feedback loop appeared first on AMBCrypto. дальше »
2020-7-21 22:30 | |
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Is DeFi a Ticking Time Bomb Just Waiting to Explode?
DeFi is a hot space with a lot of activity going on, so much, so the total value locked in its projects has reached a new high of $3. 09 billion, as per DeBank’s data. Maker and Compound are currently leading with more than $600 million in locked value. дальше »
2020-7-20 17:43 | |
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Feedback Has Been ‘Beyond Positive’ Towards NYDFS BitLicense Changes; ‘We Want Innovators Here’
New York Department of Financial Services (NYDFS) superintendent, Linda Lacewell, has said that crypto-based firms have reacted positively to the recently enacted changes on the Bitlicense. Speaking during the Global Webinar Series on July 14, Lacewell noted that the new changes seem to have been well-received despite a few still critiquing the regulator. Earlier on, […] дальше »
2020-7-17 22:17 | |
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Stablecoin Supply Has Reached $12 Billion; Why This is Bullish for Bitcoin
The amount of stablecoins circulating throughout the crypto market has been tremendous growth in 2020 Although it took this fragment of the market five years grow to $6 billion in size, it has grown to over $12 billion throughout the past six months alone This is an extremely positive development for Bitcoin, as many view the stablecoin supply as “dry powder” that can help ignite future rallies Because billions of dollars are pouring into these […] дальше »
2020-7-16 02:00 | |
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Why Hasn’t Bitcoin Followed Stocks Rallying On Positive Vaccine Data?
Overnight, news broke that early trial human patients developed a “robust” immune response to a potential virus vaccine from Moderna. Stock futures soared over the news, and the stock market opened today higher as a result. дальше »
2020-7-16 18:00 | |
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How Can You Not Be Bullish on Bitcoin? Analyst Asks Due to New Data
Despite positive fundamental trends, not all involved in the cryptocurrency industry are bullish on Bitcoin. Take the example of Peter Schiff, the CEO of Euro Pacific Capital, who recently said that BTC is likely to fall below $9,000. дальше »
2020-7-16 15:00 | |
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These 4 Factors Suggest Cardano (ADA) Has Room to Rally Higher
Cardano (ADA) has been caught in the throes of an intense uptrend throughout the past several weeks. Its massive climb has primarily been rooted in the excitement surrounding the rollout of the highly anticipated Shelley mainnet upgrade, as well as some other positive news that its community has rallied behind. Although it’s uptrend has stalled […] дальше »
2020-7-15 02:00 | |
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Simplrr Discusses Workplace & Blockchain Interoperability Gaps
Since blockchain and cryptocurrency became more mainstream, many businesses recognized its potential for increased security. Today, IT organizations in every industry have begun exploring how blockchain can have a positive impact on their infrastructure. дальше »
2020-7-15 15:19 | |
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The Same Trader Who Predicted Bitcoin’s $3k Bottom Is Now Bearish
Most investors have no idea which way Bitcoin will trend. Take the funding rate of BTC futures markets, which are flip-flopping between slightly positive and slightly negative as the consolidation drags on. дальше »
2020-7-15 13:00 | |
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The surprising reason why Ethereum could determine Cardano’s next price trend
Cardano (ADA) has been trading alongside some of the best performing digital assets throughout the past quarter, posting intense gains fueled by positive news regarding the roll-out of the Shelley mainnet upgrade. дальше »
2020-7-15 08:29 | |
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Why A Stock Market Listing For Coinbase Is Ultimately Ironic For Crypto
Yesterday, rumors began circulating regarding crypto exchange Coinbase going public with an $8 billion stock market listing. While there’s no denying the move would be positive for the space, it would ultimately be an ironic situation for the company and industry. дальше »
2020-7-11 23:00 | |
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Peter Schiff Condemns Bitcoin For Lingering Below $10k Despite Its “Amazing Fundamentals”
Peter Schiff, the well known gold advocate has once again restated his doubts about Bitcoin’s price performance. Schiff who is famous for constantly discrediting and slandering Bitcoin despite its positive trajectory hints that the stagnation in price is proof that Bitcoin holds no inherent value. дальше »
2020-7-11 19:24 | |
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Chainlink, Tezos, Ontology price analysis: 8 July
Altcoins such as Chainlink, Tezos, and Ontology saw their price surge during the course of the past week. For most altcoins, since the start of the month, their price action has been very positive andThe post Chainlink, Tezos, Ontology price analysis: 8 July appeared first on AMBCrypto. дальше »
2020-7-8 20:30 | |
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Technicals Suggest Bitcoin Likely To Target Fresh Monthly High Above $9,400
Bitcoin traded as high as $9,377 before starting a downside correction against the US Dollar. BTC is currently up holding the $9,200 support and it could continue to rise steadily. Bitcoin is trading in a positive zone above the $9,200 and $9,180 support levels. дальше »
2020-7-8 06:58 | |
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Data analyst: Ethereum unlikely to rally until the end of the DeFi bull market
Ethereum’s stagnant price action has come about despite there being plenty of positive developments within the broader ETH ecosystem. The post Data analyst: Ethereum unlikely to rally until the end of the DeFi bull market appeared first on CryptoSlate. дальше »
2020-7-9 03:00 | |
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Bitcoin Price Poised for ‘Imminent’ Breakout As Network Hashrate Hits Record Highs
The price of bitcoin could see an ‘imminent’ breakout, according to the latest Glassnode data. The data firm says bitcoin (BTC) has been flashing bullish for the past six weeks amid positive onchain activity. дальше »
2020-7-8 02:20 | |
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Cardano (ADA) May Be Forming a Macro Top Despite Surging 400% Since March
Cardano has been caught within an intense rally over the past few weeks, surging amidst a flurry of positive news This rally has allowed it to set fresh yearly highs today, and in the near-term, it appears that it will continue climbing higher It is important to note that it is quickly navigating up towards a massive high time frame resistance level The selling pressure here may be insurmountable and could spark a selloff This […] дальше »
2020-7-8 23:00 | |
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Bitcoin Cash, ETC, DigiByte price analysis: 7 July
For most altcoins in less than a day's time, their fortunes seem to be gaining positive momentum. The altcoin market often moves in sync with the price action of the world's oldest and largest cryptocThe post Bitcoin Cash, ETC, DigiByte price analysis: 7 July appeared first on AMBCrypto. дальше »
2020-7-7 20:00 | |
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Cardano (ADA) May Soon Crater by 25% as Massive Resistance Looms
Cardano (ADA) is currently flashing some significant signs of weakness after failing to surmount the crucial $0.10 region It has been caught within a strong news-driven uptrend over the past several months, posting a majority of these gains over the past couple of weeks It remains unclear as to whether or not a few positive developments that have taken place as of late will be enough to sustain the cryptocurrency’s intense uptrend One analyst is […] дальше »
2020-7-6 22:00 | |
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Ethereum Lacking Momentum, But Here’s Why 100 SMA Could Spark Fresh Rally
Ethereum is struggling to clear the $230 resistance level against the US Dollar. ETH price is showing positive signs and it seems like a close above the 100 SMA (H4) could trigger a fresh rally. ETH price is slowly moving higher towards the $230 resistance against the US Dollar. A close above the 100 simple […] дальше »
2020-7-5 09:08 | |
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Cardano (ADA) is Flashing Bearish Signs as Rally Stalls; Factors to Consider
Cardano (ADA) has been one of the best performing top altcoins seen throughout 2020, only trailing the gains posted by Chainlink and Tezos The crypto has been seeing heightened momentum in recent weeks due to the launch of the highly anticipated Shelley mainnet upgrade This update’s rollout coupled with a few positive news developments have bolstered its buyers Despite showing signs of overt strength, ADA is currently pushing up against a significant resistance level This has […] дальше »
2020-7-5 22:00 | |
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XRP Has Been Dropping All of 2020 — and Analysts Still Expect Downside
There was some hope earlier this year that this wasn’t going to be a bearish year for XRP. Ripple Labs, the fintech company that leverages the asset, saw a flurry of positive developments while altcoins as a whole outperformed. дальше »
2020-7-4 13:00 | |
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Charles Hoskinson Opens Shelley Summit With Big Plans for Cardano
Q2 2020 has been very positive for ADA, Cardano’s cryptocurrency. The token is up 16.3% on the year and has even outpaced the king of smart contracts, Ethereum. This bullishness comes... дальше »
2020-7-4 16:06 | |
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Bitcoin Spots Errors in US Jobs Report Way Ahead of Wall Street
Bitcoin closed its Thursday trading session in red even as an optimistic June employment report boosted risk-on sentiment. The cryptocurrency’s losses contrasted gains on Wall Street, showing first signs of decoupling after weeks of strong positive correlation. дальше »
2020-7-3 08:12 | |
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Crypto Market Analysis: 1st July 2020
Markets started out on a positive trend last week, before succumbing to fears of a second spread of coronavirus. With countries such as the US displaying some frightful numbers, there are very real worries globally that mismanagement of the crisis means there will be further lockdowns and thus damage to economies. A raft of positive […] дальше »
2020-7-3 20:39 | |
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Bitcoin's 100K rally might take flight in November
The expectations from Bitcoin in Q2 of 2020 were pretty high. After initiating a rally in late-March, April turned out to be extremely positive in terms of positive returns. After the completion of a The post Bitcoin's 100K rally might take flight in November appeared first on AMBCrypto. дальше »
2020-7-2 18:30 | |
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Bitcoin Rises on Positive US Jobs Report: Why Analyst Sees a Correction
Bitcoin rose in the first session of July as it maintained its short-term positive correlation with the S&P 500. The gains followed the release of the ADP National Employment Report, revealing an addition of 2. дальше »
2020-7-2 08:19 | |
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