Bitcoin Surges to $11,400: 2 Factors Influencing This Surge

Bitcoin is surging higher after weeks of consolidation. The cryptocurrency, currently trading for $11,430, is at its highest price since early September. In the past 24 hours, the cryptocurrency is up by approximately 5%, having traded around $10,900 on Thursday. дальше »

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Analysts Think Bitcoin Is Rallying Due to Market Pricing in “Stimulus Buffet”

Bitcoin is up around $200 in the past 24 hours as it now trades at $11,100. This is the highest price the cryptocurrency has traded at in many days and weeks. The leading cryptocurrency is purportedly moving higher on expectations of further stimulus and a potential Democratic-leaning election. дальше »

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Economist: DeFi Altcoins Have Bottomed as Bitcoin Reverses Downtrend

The DeFi sector has been facing immense selling pressure in recent weeks, with the price declines seen by both Bitcoin and Ethereum creating notable headwinds that caused many previously bullish assets to plunge by 50% or more. дальше »

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Yearn.finance (YFI) Rallies 50% from Recent Lows as Bulls Take Control

Yearn. finance’s governance token – YFI – has been subjected to immense turbulence throughout the past few days and weeks, with its recent capitulatory downturn resulting in a sharp rebound that sent its price up 50% from its lows. дальше »

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TRON (TRX) price struggling at $0.030 resistance

TRON (TRX) price is struggling to get above the important resistance at $0. 030 as sellers remain in control of the price action. The price of TRX has been moving in a downtrend last several weeks and for now, there is no signal of the trend reversal. дальше »

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BitMEX Co-founder and Ex-CTO Samuel Reed Released on $5M Bail

It has been a turbulent few weeks for BitMEX. On October 1, it was announced that the founders of the crypto derivatives exchange would face charges from the U. S. Department of Justice (DOJ). These charges include running an unregistered trading platform and violating the banking secrecy act. дальше »

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Bitcoin cracks major upside barrier in quest for $12,500

Bitcoin traded as high as $10,918 for the first time in weeks as bulls...

The post Bitcoin cracks major upside barrier in quest for $12,500 appeared first on Coin Journal.

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Bitcoin Tops $11K for First Time in Almost 3 Weeks

Bitcoin appears to have broken out of its tight trading range over the past two weeks, between roughly $10,500 and $10,800. дальше »

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Multi-Decade Trader Thinks Bitcoin Is About to Flash a “Big Buy” Signal

Bitcoin moved substantially higher on Thursday after consolidating in a tight range for many days. The cryptocurrency rallied from approximately $10,600 to daily highs just a smidge shy of $10,000. дальше »

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“This Is It”: Bitcoin Is Undergoing a Critical Breakout After Consolidation

Bitcoin has moved much higher over the past two days after many weeks of consolidation. Throughout most of September, the cryptocurrency traded snug between $10,000 and $11,000. As of this article’s writing, the coin has moved up to $11,050 as it breaks higher on fundamental and technical trends. дальше »

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Bitcoin Network Momentum Suffers from Era of Layer 2 Dominance

Bitcoin’s fundamental outlook has been growing by leaps and bounds throughout the past year, with the vast majority of on-chain metrics pointing to mounting underlying strength. One such metric, however, that has not shown any signs of intense strength is the cryptocurrency’s network momentum, which has remained stagnant throughout the past few days and weeks. […] дальше »

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Ethereum Is Likely to Perform Really Well in 2021 Due to Ichimoku Signal

Ethereum is likely to perform extremely well in 2021, analysts say despite the recent rapid drawdown in ETH’s price. The coin currently trades for $350, around 30% below the recent year-to-date highs of $490, set just a few weeks ago. дальше »

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User That Borrowed $80m Worth of Yearn.finance (YFI) Repays Loan

Yearn. finance (YFI) has been under pressure over the past few weeks. The leading Ethereum-based coin has dropped dramatically from its $44,000 all-time high set around six weeks ago to a local low of $12,000 just 12 hours ago as of this article’s writing. дальше »

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The Clock is Ticking for Bitcoin to Make a Massive Move; What Analysts are Saying

Bitcoin’s price has been caught within an incredibly tight consolidation phase over the past few weeks Multiple trend catalysts – both bearish and bullish – have arisen during this time, yet none of them have been able to provide BTC with any notable momentum Analysts are now noting that this won’t last for too much longer, with many expecting a large movement in the coming days and weeks One trader also believes that the next […] дальше »

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Uniswap (UNI) Price Rebounds After Traders Saw Largest Single-Day Loss Yesterday

The past few days and weeks have been rough for investors in Uniswap’s governance token – UNI. The token launch was surrounded by incredible amounts of hype and even hysteria, which mainly came about because most traders instantly owned at least 400 tokens upon its launch. дальше »

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Ethereum Just Closed Beneath These Critical Levels; Here’s What May Come Next

Ethereum’s price action throughout the past few days and weeks has been rather lackluster The cryptocurrency has been underperforming Bitcoin and even some of its altcoin counterparts This trend is shifting slightly today, as the entire crypto market is starting to move higher One analyst is noting that ETH is bearish from a purely technical standpoint, as it is currently trading below multiple key technical levels Yesterday, it closed beneath both its 50 and 100-day […] дальше »

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Key Bitcoin takeaways from its relationship with Gold

Bitcoin and Gold, just a few weeks ago, were noting what some would call "unnaturally high" levels of correlation- a figure of 73.6%. However, the said correlation soon dipped on the charts, with the The post Key Bitcoin takeaways from its relationship with Gold appeared first on AMBCrypto. дальше »

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Data Shows This Single Trump Tweet Marked the Local Bitcoin Bottom

Bitcoin’s price has lacked directionality throughout the past several days and weeks, with both buyers and sellers reaching an impasse This has come about as it continues trading squarely in the middle of its long-held trading range between $10,200 and $11,200 Despite being closely correlated to the stock market, yesterday’s intense equities rebound was not enough to pull Bitcoin higher The cryptocurrency still remains below multiple key levels One analytics firm still believes that the […] дальше »

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Solana Targets Ethereum’s Scalability Issue by Introducing a Bridge called Wormhole

After launching DEX Serum, Solana Blockchain is now going for the heart of the problem. Today, Wormhole – a secure, trustless bridge connecting Ethereum to Solana is announced. With the DeFi frenzy, up until a few weeks ago, pushing the activity on Ethereum to new highs — fees to skyrocket and the network to clog […] The post Solana Targets Ethereum’s Scalability Issue by Introducing a Bridge called Wormhole first appeared on BitcoinExchangeGuide. дальше »

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This Industry CEO Hasn’t Been This Bullish on Bitcoin Since 2016

Bitcoin’s price action has weak over the past few weeks due to a confluence of technical and fundamental trends. On the fundamentals, BitMEX was charged by the U. S. CFTC, KuCoin was hacked, and President Trump paused stimulus. дальше »

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Analyst Who Predicted Yearn.finance (YFI) Drop to $14k Thinks $12k Is Next

It’s been a tough past few weeks for the DeFi market, especially for coins like Yearn. finance’s YFI token and the Curve DAO Token. Since setting its all-time high price of $44,000, YFI has corrected by 70%, falling as low as $14,000 earlier today. дальше »

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Key Bitcoin price metric at 10 week low after traders close long positions

Bitcoin derivatives data show pro traders increased their short positions in the past three weeks.

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New Bitcoin addresses shoot “off the charts” despite price drop

Bitcoin’s price action has been tepid at best over the past few weeks due to a confluence of fundamental trends. The post New Bitcoin addresses shoot “off the charts” despite price drop appeared first on CryptoSlate. дальше »

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Analyst: The Next Bitcoin Break Will Set The Stage For Weeks To Come

Bitcoin is exhibiting confusing price action currently, reeling from the slew of negative news but withstanding a fall back to retest lows. Eventually, the stalemate between bulls and bears will break, and an enormous decision-making move will result. дальше »

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Here’s the Reason Why Bitcoin’s Price is Stable Despite Macro Turbulence

Bitcoin’s price has been incredibly stable throughout the past couple of weeks Even bearish news developments that would have – in years past – catalyzed far-reaching selloffs have done little to shake its present strength Analysts are now widely noting that the traditional markets will be a guiding force for BTC going forward Which direction they begin trending mid-term will likely influence the benchmark crypto One on-chain analyst is now putting forth an interesting observation […] дальше »

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UNI Holders Continue to Increase as Uniswap Dominance Jumps 24% in Just Over a Month

While centralized cryptocurrency exchanges struggle to live, with at least 75 of them closed down due to hacks and scams so far this year, Decentralized Exchanges (DEX) are leading 2020. These past couple of weeks, even big exchanges like KuCoin and BitMEX weathered some storms. дальше »

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Bitcoin Is On the Precipice of Losing Two Crucial Support Levels

Bitcoin’s price action has been slow over recent weeks. This has allowed crucial technical support levels to catch up with the current price. Analysts say that Bitcoin is on the verge of falling below two support levels of macro importance. дальше »

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Ex-JP Morgan investment banker gives 5 reasons why DeFi is reaching “escape velocity”

It goes without saying that the past few weeks haven’t been too hot for Ethereum and the decentralized finance (DeFi) space. The post Ex-JP Morgan investment banker gives 5 reasons why DeFi is reaching “escape velocity” appeared first on CryptoSlate. дальше »

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Top Ethereum Wallet MetaMask Hits Milestone Despite DeFi Slowdown

The Ethereum decentralized finance market has undergone a strong rejection over recent weeks. Leading DeFi coins are down 30-80% since the highs they posted in mid August or early September. One analysis by a noted crypto analyst shows that the average DeFi coin, including Ethereum, is down 60. дальше »

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Ethereum’s Near-Term Fate May Rely on This One Surprising News Event

Ethereum’s mid-term outlook has been foggy over the past few days and weeks, with buyers and sellers being unable to gain control of its trend The cryptocurrency is still trading squarely between $340 and $350, with it facing some heightened selling pressure earlier on in the day This selling pressure caused it to dip from highs of $355 to lows of $345 It remains unclear as to what may have caused this to occur One […] дальше »

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Litecoin, Zcash, Synthetix Price Analysis: 06 October

Litecoin has been trending upward for a couple of weeks, but the asset would need a few more trading sessions to show if it could continue the trend or if there was an imminent reversal. Zcash showed The post Litecoin, Zcash, Synthetix Price Analysis: 06 October appeared first on AMBCrypto. дальше »

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Ethereum transaction fees plummet 85% due to slower DeFi growth

Over the past three weeks, transaction fees, their volumes and number on the Ethereum network dropped significantly. This may be due to a decrease in the activity of speculators in the DeFi market. дальше »

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Negative Funding Could Act as a Launchpad for a Massive Bitcoin Rally

Bitcoin’s recent consolidation phase has come about concurrently with traders stacking up on short positions This indicates that they expect the turbulence within the traditional markets to continue suppressing BTC’s price action, potentially leading it lower in the weeks ahead That being said, this has caused negative funding rates to surge as of late, making it costly to be short Historically, funding rates – when slanted towards one direction for extended periods – work as […] дальше »

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Thailand Central Bank Launches Savings Bond on IBM-Backed Blockchain

The Bank of Thailand (BOT) announced on Oct 5 that it had launched the world’s first government savings bond using an IBM-developed blockchain. The BOT claims that over $1. 5 billion in bonds has already been issued using the platform over the past two weeks. дальше »

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XRP, Ethereum Classic, Dogecoin Price Analysis: 04 October

XRP's buyers and sellers have been locking horns for a few weeks now, but neither party has been able to wrest control of the market from the other. While Ethereum Classic was on a gentle downtrend, pThe post XRP, Ethereum Classic, Dogecoin Price Analysis: 04 October appeared first on AMBCrypto. дальше »

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Bitcoin Has Been in a Bull Run Since 2019—and There’s More to Come: Analyst

Bitcoin has undergone a strong drop since its $12,500 highs set in August. The coin now trades for $10,500, having dropped as low as $9,800 just a few weeks ago. Bitcoin is currently consolidating between $10,000 and $11,000, barely deviating from this range. дальше »

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This Indicator Suggests Chainlink is Poised to See a Serious Rebound

Chainlink’s price action has been all over the place throughout the past few weeks, with it first seeing a bout of capitulation that sent it to lows within the $7. 00, before it was able to post a strong rebound that led it up to highs of $11. дальше »

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Bitcoin Shatters Its Correlation to Gold as It Tanks Alongside Equities

Bitcoin’s price has been facing immense sell-side pressure throughout the past couple of days This has mainly resulted from the revelation of multiple bear-favoring news events These events – including the BitMEX imbroglio and President Trump’s health – have led many analysts to expect it to see significantly further downside in the days and weeks ahead They have also caused Bitcoin to break its former correlation with gold and begin, once again, moving in sync […] дальше »

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Bitcoin Shows Remarkable Strength Despite Growing List of Bearish Events

Bitcoin’s price saw a decent recovery following the BitMEX imbroglio yesterday, but the cryptocurrency’s reverted most of these gains overnight due to news of President Trump contracting the lethal virus This news sent shockwaves throughout the traditional markets as well, and appears to be having a trickledown effect on BTC as well as altcoins Where the aggregated crypto market trends in the days, weeks, and months ahead will likely depend largely on the global markets […] дальше »

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What is an NFT - and why are they trending?

Non-fungible tokens or 'NFTs', have become a focus of global crypto attention over the past few weeks. So what is an NFT, and why is there suddenly so much interest in the category? David Freuden investigates. дальше »

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Мнение: Биткоин сможет подняться выше $11 000 в течение двух недель

Аналитик Тимоти Петерсон ожидает скорого возобновления роста цены биткоина. В Твиттере он опубликовал пост, в котором указал на три важных этапа укрепления курса BTC. #bitcoin is 2 weeks from 11K2 months from 12K2 years from 37K https://t. дальше »

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These 3 Trends Show That Ethereum’s DeFi Space Has Room to Grow

Decentralized finance coins based on Ethereum have undergone strong rejections over recent weeks. Nothing shows this as well as the price action of Yearn. finance (YFI), which has almost halved since its highs of $44,000 set just weeks ago. дальше »

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Uniswap’s UNI Could Rally to $4.75 Despite Ongoing Selloff; Here’s Why

Unsiwap’s governance token UNI has been attempting to form the lower-$4. 00 region as a strong base of support throughout the past few days and weeks, with buyers and sellers largely reaching an impasse as it hovers just above this level. дальше »

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Bitcoin’s Strong Monthly Close Indicates October Will be a Green Month

Bitcoin’s recent bout of consolidation is still ongoing, but bulls appear to be in the process of attempting to break this trend The cryptocurrency is currently pushing towards its $11,000 resistance, which is a positive sign that indicates a test of this level may be imminent That being said, where it trends in the days and weeks ahead may depend largely on whether or not it can continue holding above some key levels One analyst […] дальше »

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Atari Announces IEO Collaboration and Listing of the Atari Token with Bitcoin.com Exchange

Atari announces IEO collaboration on Bitcoin. com Exchange via its multi-asset trading platform. Public sale slated for November, details to be announced in the coming weeks. The Atari token will be listed on Bitcoin. дальше »

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Bitcoin Just Printed a Monthly Close Above a Pivotal Support Level

It’s been quite the boring past four weeks for the Bitcoin market. The cryptocurrency, after suffering a strong plunge at the start of the month, was largely rangebound between $10,000 and $11,000 over September. дальше »

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Uniswap and seven more tokens find their way to CoinZoom exchange

US-based cryptocurrency exchange, CoinZoom, recently announced the addition of eight new cryptocurrencies to its list. A number of the coins are major DeFi stars, which have been making headlines due to major exchange listings and strong performance in recent weeks. дальше »

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Top analyst explains why it’s likely Bitcoin, stocks will drift lower into elections

It’s been a quiet past few weeks for all markets, Bitcoin and crypto included. The post Top analyst explains why it’s likely Bitcoin, stocks will drift lower into elections appeared first on CryptoSlate. дальше »

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Bitcoin Forms “Obviously Bullish” Divergence as User Count Spikes

Bitcoin underwent multiple rejections in the $11,000 region over recent weeks, suggesting the asset remains rangebound. Fortunately for bulls, there are on-chain trends suggesting that the cryptocurrency is in a bullish state. дальше »

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Is Bitcoin a buy or sell in October?

The price of Bitcoin (BTC) has advanced from $9 825 above $11 000 in less than three weeks and the current price stands around $10 690. Bitcoin has found strong support above $10 000 and if the price jumps again above $11 000 that could be a very good opportunity for the short-term traders. дальше »

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