EOS price analysis: A 7% Dip Leaves EOS/USD Vulnerable

Downward pressure could see EOS erase all gains made when it raced to a…

The post EOS price analysis: A 7% Dip Leaves EOS/USD Vulnerable appeared first on Coin Journal.

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Bitcoin hash rate: Why it’s 'still crazy to see it playing out'

The computational power used for mining Bitcoin has collapsed 45% from its peak. In May, when the miners were witnessing high activity, the hash rate hit 180.6 TH/s. Source: Blockchain.com ThisThe post Bitcoin hash rate: Why it’s 'still crazy to see it playing out' appeared first on AMBCrypto.

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Mike Novogratz: Institutional Investors Will See Bitcoin’s Price Decline as Opportunity to Buy

Galaxy Digital CEO Michael Novogratz says he is not nervous about bitcoin’s price falling, even when it falls below $30K. “The ecosystem is so much more mature. The amount of players that are moving in are so much more mature.

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Should you buy Dogecoin? Buying Dogecoin after it hit its lowest point since April

Dogecoin DOGE/USD has fallen more than 20% in the past 24 hours alone and is flirting with the $0. 15 level. Compare that to the value it had on May 8 when it tested the $0. 75 level and we can see DOGE is down 78% from its highs.

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Should you buy Tezos (XTZ)? Banking on social impact

Tezos XTZ/USD takes advantage of what is known as liquid proof-of-stake (LPoS), and this is important to know when evaluating the value of its cryptocurrency. You see, LPoS is an algorithm that is used by the computers running the Tezos software and is used to secure the network, validate the transactions and distribute newly minted […] The post Should you buy Tezos (XTZ)? Banking on social impact appeared first on Invezz.

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Whale Watching: Bitcoin Long Positions Near All-Time High

The transparency blockchain provides lets fundamental analysts see when whales are loading up on Bitcoin, but it can’t tell when technicals take a turn. However, whale behavior might still be the key to understanding price action.

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Fund Managers See Bitcoin Outperforming in 2021 Despite Picking ‘Long BTC’ as the Most Crowded Trade: BoA Survey

Hedge fund managers yet again think that “long Bitcoin” is the most crowded trade. They must not have looked at the crypto market then, which means they might not even be involved meaning these fund managers think everyone is long on Bitcoin when no one really is.

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SEC likely to approve Bitcoin ETF in 1-2 years, says analyst

"We think we're likely to see one in the coming year or two, but we don't have a firm timeframe as to when the answer would be yes," said Todd Rosenbluth.

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Why Bitcoin could have a 'historic quarter with relatively outsized returns'

Taking Bitcoin’s 2011 price performance into consideration, analysts believe that Bitcoin could see another rally by when Bitcoin will trade close to $75,000 and $306,000, with the former price targThe post Why Bitcoin could have a 'historic quarter with relatively outsized returns' appeared first on AMBCrypto.

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Рок-группа Kings of Leon выпустит альбом в формате NFT

Американская рок-группа Kings of Leon планирует выпустить восьмой студийный альбом «When You See Yourself» в виде невзаимозаменяемого токена (NFT). Об этом сообщает Rolling Stone. Пластинка выйдет 5 марта на блокчейн-платформе YellowHeart в трех изданиях.

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Tezos (XTZ) Approaches 2.5 Year High – A Price History

This article will compare the previous market cycles for XTZ and see how the current movement measures up to them. We’ll also see what the future has in store for XTZ. Initial Rally The initial rally for XTZ began in July 2017, when it was trading at a low of $0.

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Tezos, BAT, Decred Price Analysis: 28 January

The crypto-market's altcoins tend to follow Bitcoin and when the king coin registers price corrections, it is common to see altcoins also take a slight hit. Such has been the case of late as in the laThe post Tezos, BAT, Decred Price Analysis: 28 January appeared first on AMBCrypto.

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Bitcoin: Another reason why it's due for a correction

Bitcoin's price might due for another correction after CryptoQuant's Exchange Whale Ratio hit 0.87, a level last seen when BTC dipped to its yearly open at $28,956. While Bitcoin did see a surge yesteThe post Bitcoin: Another reason why it's due for a correction appeared first on AMBCrypto.

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How to spot a crypto pump and dump scheme

As cryptocurrency markets enter another bull phase, investors should be aware of the prevalence of crypto pump and dump schemes, which coins are the most likely to be targeted, and how to recognize a pump and dump when you see one.

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Bitcoin Would See Billions of Inflows If All Life Insurance Firms Followed MassMutual

MassMutual shocked the industry yesterday when it purchased Bitcoin to complement its general investment account. Massachusetts Mutual Life Insurance Company, also known as MassMutual, is a long-standing life insurance company that services five million clients.

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Coinbase vs Bitpanda 2021 – Fees, Features, Security Compared

When it comes to top cryptocurrency exchanges, Coinbase is arguably the king while Bitpanda is one of the leading insurgents that is gunning for the throne. Hence we went into yet another exchange comparison putting Coinbase and Bitpanda to a test and see who comes out as a winner.

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Bitcoin may see major price volatility at the start of December — Here's why

Bitcoin might see a spike in volatility when the new weekly and monthly candles open, especially after a large short-term correction.

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There’s Only Two Resistances Left Before Bitcoin Sets Fresh All-Time Highs

Bitcoin has seen unprecedented volatility throughout the past few days, with its ascent reaching a boiling point last night when bulls stepped up and sent it flying to highs of $18,600 The selling pressure here was quite intense and rapidly caused it to see a selloff Within a mere matter of minutes, its price declined from highs of $18,600 to lows of $17,400, with the support here sparking a sharp rebound It has since stabilized […]

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Ethereum May Soon See “Open Skies” and Surge Towards $800, Claims Analyst

Ethereum, much like Bitcoin and the rest of the crypto market, has seen significant buy-side pressure throughout the past couple of weeks that has allowed it to post some massive gains. Its uptrend reached a boiling point last night when buyers sent its price rocketing up to highs of nearly $500 before it faced a […]

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Citibank Executive Says Bitcoin Will Trade at $318,000 by End of 2021

Citibank Group’s Global head of Citifxtechnicals product, Tom Fitzpatrick expects to see the price of bitcoin peaking at $318,000 by end of 2021. Although he concedes that his prediction might seem improbable, Fitzpatrick argues that such a surge will still be the weakest rally for the digital asset when compared to other assets such as […] The post Citibank Executive Says Bitcoin Will Trade at $318,000 by End of 2021 appeared first on Bitcoin News.

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CFTC Chairman: ‘I Want to See the US Lead in Blockchain Technology’

Blockchain startup Ripple has shined a spotlight on what can happen when there’s a lack of a clear regulatory framework in which crypto can operate. The company is thinking about leaving the United States for greener crypto pastures where there is greater clarity on the rulebook by which they can operate.

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OG partners with blockchain-based gaming technology company

Don’t be surprised when you see more blockchain in gaming.

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Chainlink (LINK) Prints Macro Sell Signal After Parabolic Rally Above $15

Chainlink is inching higher. It now trades for $17. 50 as of this article’s writing. The coin may soon be subject to a strong reversal as the Tom Demark Sequential prints a reversal signal.

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U.S Dollar's loss may see Bitcoin overtake Gold in the long run

When trading, many of the market's traders have often observed a low correlation between Bitcoin and other global financial assets. That is interesting, but not unexpected since as a prospective storeThe post U.

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How to identify a crypto Pump and Dump scheme

As cryptocurrency markets enter another bull phase, investors should be aware of the prevalence of crypto 'pump and dump' schemes, which coins are the most likely to be targeted, and how to recognize a pump and dump when you see one.

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These 2 On-Chain Signs Suggest Ethereum’s Long-Term Trend Is Positive

Ethereum has been on a remarkable rally over the past few weeks. Since the start of July, when the asset was trading closer to ~$220, ETH has literally doubled. It trades just shy of $440 as of this article’s writing, flat in the past 24 hours.

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Brian Tockey: Bitcoin, Regression Theorem, and Defining Money

It’s relatively common to see the regression theorem being mentioned in economic discussion, especially when it comes to whether or not something is money. This is surprising because the regression theorem has absolutely nothing to do with money or the definition of money.

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US Dollar Could See Bearish Reversal: Is A Bitcoin Reckoning Coming?

The dollar has been in sharp decline. Analysts are calling for the global reserve to lose its crown to the likes of Bitcoin or the yuan. Sentiment has reached substantial lows. However, when dollar sentiment fell this low in the past, it often triggered a strong reversal in the currency. Such a reversal, if it […]

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Bitcoin Price Can Hit $20K When US Banks Invest 1% of Assets — Analyst

The increasing institutional interest in Bitcoin is “not hard to see” as U.S. regulators green light custody this week.

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Big US Banks Set Aside Billions in Downturn Warning; Stocks Continue to Tumble

The markets started to see red as investors grew worried about an uptick in coronavirus infections slowing the economic recovery when they kicked higher later in the day yesterday after the banks earning season kicked off.

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It’s “Do or Die” for Bitcoin After Being Rejected at a Crucial Technical Level

Bitcoin’s buyers attempted to spark a rally yesterday but were stopped short when it was rejected at $9,300 The crypto has since been trading directly beneath this level, struggling to garner any further buying pressure This resistance coincides closely with a critical technical level that buyers have been struggling to surmount It does appear that the crypto could be positioned to see further downside in the days ahead if buyers fail to break this resistance […]

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Bitcoin Will Confirm a Massive Bearish Distribution Pattern if it Breaks $8,600

Bitcoin’s long-held consolidation phase came to an end yesterday evening when sellers pushed the benchmark cryptocurrency below $9,000 Although buyers stepped up and quickly defended against further losses, they have been unable to catalyze any type of sharp recovery It now appears that BTC is well positioned to see a notable decline in the days ahead as sellers target the key support at $8,600 If this level is broken below, a massive distribution pattern will […]

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Report: Traders move to XRP for cross-exchange transactions increase whenever ETH transaction fees surge

An Xpring report on May 13 stated XRP exchanges see increased inflow/outflow volumes whenever Bitcoin and Ethereum networks are hit by surging transaction fees and congestion. Traders move to XRP during crunch While the sample sizes in terms of days were not specified, Xpring notes XRP cross-exchange transactions went up significantly when Ethereum — widely-used […] The post Report: Traders move to XRP for cross-exchange transactions increase whenever ETH transaction fees surge appeared first on CryptoSlate.

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Here’s Why One Analyst Thinks Chainlink Could See a Violent 70% Selloff

Chainlink’s intense upwards momentum showed some signs of faltering earlier this week when the cryptocurrency declined from weekly highs of nearly $4. 00 to lows of $3. 55 in a sharp downwards movement that jarred investors.

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Bitcoin Has Been Fundamentally Altered by Its Recent Rally; Here’s What This Means

Bitcoin’s intense rally seen throughout the past six weeks has allowed it to erase nearly all the losses that were brought about when it first started declining from highs of $10,500 in late-February This firm uptrend has also allowed it to gain fundamental strength as its market dynamics see a major shift Options data for the crypto is now signaling that traders are positioning themselves to benefit from BTC seeing further upside It has been […]

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XRP Recuperates From March’s Black Thursday Crash Despite Waning Interest

XRP, one of the most controversial cryptocurrencies in existence has been able to see a swift recovery since March 12, when the crypto and stock markets crashed. The lowest price of XRP was anchored at $0.

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Chainlink Could See Dire Losses as Technical Structure Degrades

Despite being one of the most bullish cryptocurrencies from a macro-perspective, Chainlink has seen an intense decline today that has led it to plummet by over 6%. Today’s downturn marks an extension of that which was first incurred a couple of days ago when LINK tapped highs of nearly $4.00. The strong resistance at this...

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Lightning Network Messaging, Political Expediency and What Crisis Has Revealed

In a time of increasing censorship aimed towards protecting us, is truly private messaging possible? Why are we using "data driven" approaches when we know the data is wrong? Juggernaut's John Cantrell and HRF's Alex Gladstein help us see what the crisis has revealed.

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This Crypto May See Serious Upside as it Reaches Historically Important Level

The aggregated crypto market saw a notable upswing today that was first sparked when Bitcoin rallied from the lower-$7,000 region to highs of $7,800, leading Tezos and other altcoins to surge higher.

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Options see 5% chance Bitcoin will hit $20,000 in 2020: Will it happen?

In February, when Bitcoin had retaken $10,000, traders were convinced that the cryptocurrency was well on its way to revisit and surmount the $20,000 all-time high established in Dec. 2017. In fact, one prominent crypto trader suggested BTC would do so before July, citing a confluence of technical and fundamental factors.

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Cryptocurrency News Roundup for April 7, 2020

Today is the day when Bitcoin Cash (BCH), the fifth-largest cryptocurrency by market cap, goes through its third halving. Much akin to its big brother Bitcoin, BCH will also see block rewards dropping from 12.

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This Indicator Suggests Ethereum May Soon See a Chilling Rally to $200

The recent market-wide uptrend that was sparked when Bitcoin broke above $7,000 yesterday has proven to be particularly beneficial for Ethereum, which has posted some massive gains as it continues outperforming BTC and most other major altcoins.

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Bitcoin Traders are Watching for $4,000 as Indicators Signal an Insane Move is Coming

Bitcoin’s consolidation seen throughout the past few days may simply be the calm before the storm, as one technical indicator is now suggesting that the benchmark cryptocurrency may soon see a movement of a similar magnitude to that seen when BTC plummeted from $8,000 to $3,800.

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Generation Shift in The US Alone Would See $970 Billion Investment in Bitcoin: Report

It's no secret that the Millenials are ahead of the curve when it comes to investing compared to generations before. We are seeing younger and younger individuals turning towards investments, especially in cryptocurrencies.

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This Toilet Paper Calculator Will get you Through the Coronavirus Crisis

When a global pandemic occurs, it is not entirely uncommon to see a new global commodity emerge all of a sudden. This time around, it would appear that toilet paper is the commodity, but how much does one really need?  Answering that question may be a lot more challenging than one would anticipate.

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Cryptocurrency Exchanges in Meltdown; CEO Says Nothing to See Here

In case you didn’t notice, there’s quite the bloodbath going on in the cryptocurrency markets right now. As usual, it looks like exchanges are struggling to keep up with demand for their services on a day when everyone wants to sell.

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Analyst: Ethereum Best Positioned of All Major Cryptos to See Massive Gains

Ethereum’s intense 2020 uptrend turned parabolic in early February when the cryptocurrency rallied to highs of $290, which is where the crypto lost its strength and began plummeting back towards where this rally began.

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XRP Could See Massive Gains as Bulls Defend Critical Multi-Year Support

XRP investors witnessed some bearish price action earlier this week when the cryptocurrency plummeted from highs of $0. 34 to lows of $0. 28, which is where it was able to find some strong support that allowed it to reclaim its position above $0.

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This Small Crypto May Be Poised for a Rally to Fresh All-Time Highs

The uptrend seen by the aggregated crypto market throughout January began altering into a full-blown “altseason” in early February, when Bitcoin’s break above $10,000 allowing multiple cryptos including Ethereum, Chainlink, and Tezos to see massive...

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