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Traders Forecast Bitcoin Will See a “Cool-down Period” as Rally Overheats

Bitcoin has been caught within the throes of a consolidation phase ever since its price exploded up to its recent highs of $18,600 The selling pressure that existed here was significant and sparked a $1,000+ move lower that was eventually absorbed by bulls This price action has done little to provide insight into its near-term outlook, as both bulls and bears have shown signs of strength Whether or not it can break and hold above […] дальше »

2020-11-21 02:00


Retail Investment Not Returned in Force Yet; This Doesn’t Feel Like 2017’s Bull Run

Today, BTC is tracing back the recent gains, going to the $17,400 level. A pullback has long been expected as Bitcoin has been surging since early October when the price was around $10,500. For the last six weeks, the digital asset has been printed green candles, and this week, we might finally end up seeing some […] The post Retail Investment Not Returned in Force Yet; This Doesn’t Feel Like 2017’s Bull Run first appeared on BitcoinExchangeGuide. дальше »

2020-11-19 20:13


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‘Control the Pandemic’ – Fed Chair Jerome Powell Predicts the Entry of a ‘Different Economy’

Federal Reserve Chair Jerome Powell told participants at the Bay Area Council Business Hall of Fame Awards Ceremony on Tuesday that the economy will never be the same after Covid-19. According to Powell, the use of accelerated technology will change the way the global economy operates as his commentary was quite similar to the recent […] The post ‘Control the Pandemic’ – Fed Chair Jerome Powell Predicts the Entry of a ‘Different Economy’ appeared first on Bitcoin News. дальше »

2020-11-19 08:05


If History Rhymes, Bitcoin Will See Steep Corrections Before New Highs

Bitcoin is clearly in a full-blown bull market, with each dip being aggressively absorbed by buyers as it continues grinding higher Unlike BTC rallies of the past, this latest one has mainly been a slow grind higher, which is a testament to the crypto’s maturation as an asset It has seen a few strong pullbacks throughout the course of this recent push higher, but it is important to note that buyers have quickly reversed all […] дальше »

2020-11-17 02:00


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Big Tech Execs and Bitcoin: Skype Cofounder Keeps Personal Wealth in Crypto, Intercom Chairman ‘Firmly Jumps on the Bitcoin Wagon’

This week two well known tech executives revealed they have been dabbling in bitcoin and other cryptocurrencies. In a recent interview, Skype cofounder Jaan Tallinn detailed that he held bitcoin and ethereum in his personal finances, while the Intercom cofounder Eoghan McCabe tweeted on Sunday that he’s “jumped firmly onto the bitcoin wagon. дальше »

2020-11-16 19:05


Bitcoin is Poised to Rally Towards $17,000 Next as Outlook Grows Bright

Bitcoin has seen a quiet weekend of trading, with the cryptocurrency struggling to gain any immense momentum as bulls and bears reach an impasse This has led to a prolonged bout of sideways trading around $16,000, with bulls and bears both struggling to gain control of its near-term Its recent price action has done little to provide any insights into where it might trend over a mid-term time frame That being said, one analyst is […] дальше »

2020-11-16 19:39


Belarus’ Largest Bank, Belarusbank, Is Launching Crypto Exchange Service

Belarusbank, the largest bank of Belarus, is the latest one to announce that it will provide its customers the opportunity to buy and sell cryptocurrencies using Visa payment cards. According to a recent report, the crypto trading service will be allowed against the fiat currencies, including the Belarusian ruble, the euro, and the US dollar. дальше »

2020-11-16 15:41


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Etherisc-Powered Smart Contract Insurance Platform to Aid Kenyan Farmers

The Chainlink Community Grant Program is funding a blockchain project to aid smallholder farmers in Kenya. Using Blockchain to Help Farmers In a recent announcement, the Chainlink Community Grant Program revealed that it was funding a low-cost insurance project between decentralized insurance protocol named Etherisc and ACRE Africa, an Africa-based micro-insurance issuer. дальше »

2020-11-16 15:00


Analysts Watch Crucial Bitcoin Support as Altcoins Gain Momentum

Bitcoin has been inching lower throughout the past few days and weeks, with buyers and sellers both being unable to take control of its near-term trend This slight decline has come about following a period of immense strength and stability as it consolidated above $16,000 If it continues trading below this level, its recent $16,500 highs could mark a long-term top Where it trends next may depend on one key support level that an analyst […] дальше »

2020-11-15 01:00


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Ethereum Could Be on the Cusp of Going Parabolic as Analysts Eye Upside

Ethereum has been closely tracking Bitcoin’s price action as of late, which has primarily led it to enter a prolonged consolidation phase The cryptocurrency’s price action has favored altcoins in recent times, as the stability seen by both ETH and BTC has allowed smaller digital assets to post massive gains Where ETH trends in the near-term will likely depend on Bitcoin, but the resurgence in the DeFi trend could give rise to an Ethereum price […] дальше »

2020-11-14 22:00


Uniswap’s UNI is Looking “Quite Attractive” as It Rebounds from Key Support

Uniswap’s UNI token has faced some intense selling pressure throughout the past few weeks, with it being struck particularly hard by the recent downturn seen across the aggregated DeFi sector. However, this weakness is beginning to transform into strength as buyers have sent the crypto rocketing nearly 100% from its recent lows. The intensity of […] дальше »

2020-11-14 02:00


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Analyst: Key Amazon Stock Fractal Is “Anti-FOMO” For Bitcoin

The recent bullish breakout in Bitcoin has caused a massive wave of FOMO as late to the game buyers attempt to get in before the cryptocurrency takes off to a new all-time high. But one sharp-eyed crypto analyst has spotted a fractal in Amazon’s post-dot-com bubble crash recovery that closely matches the cryptocurrency’s recent price […] дальше »

2020-11-14 23:00