Chainlink Posts Strong Rebound; Why It Could Soon See a Bullish Trend Shift

Chainlink has been severely underperforming Bitcoin throughout the past few weeks, with the crypto remaining well below its 2020 highs despite Bitcoin’s strength Many altcoins have seen similar performance, as the proverbial ‘altseason’ that investors are watching for remains elusive The crypto has seen a notable rebound throughout the past few days, with its price […]

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Bitfinex whale “claims” $1.7 billion Ethereum long opened in March 2020

If you’ve been on Crypto Twitter any time over the past year, you’ve likely seen much discussion about Bitfinex’s Ethereum market. The post Bitfinex whale “claims” $1.

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Why this matters: Bitcoin active addresses decouple from price

2020 has been a very consequential year for Bitcoin and it went past its previous ATH established in the infamous bull run of 2017. Taking a cue from the past year, the past 7-days of 2021 have been nThe post Why this matters: Bitcoin active addresses decouple from price appeared first on AMBCrypto.

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Bitcoin price breaks past $40,000; sets new ATH

Since December 2020, Bitcoin price has become synonymous with all-time highs. The coin remained true to this trend and hit another ATH at $40k on 07 January 2021. The largest cryptocurrency has surgedThe post Bitcoin price breaks past $40,000; sets new ATH appeared first on AMBCrypto.

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DOGE takes flight: Meme coin records a yearly growth of more than 500%

Dogecoin (DOGE), a cryptocurrency whose founders created as a parody to an internet meme dubbed doge, performed well over the past year. While bitcoin (BTC) breached past is 2017 ATH and set new highs in 2020 and surged further in the new year, many altcoins failed to hit their previous ATH.

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Kick-Off 2021 The Right Way With Rewards From Crypto.Com

With 2020 now in the past, 2021 is already moving full steam ahead with the crypto market setting new highs and industry leader Crypto. com kick-starting the new year with exclusive CRO rewards. Here’s how you can sign up to become a Crossfire validator and earn your share of $300,000 worth of CRO rewards.

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Will Bitcoin traders be more assured or more worried in 2021?

The past year was punctuated by a series of extreme peaks and troughs. In spite of that, however, there is an assured collective acceptance of Bitcoin, one that is palpable. 2020 particularly was domiThe post Will Bitcoin traders be more assured or more worried in 2021? appeared first on AMBCrypto.

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Data Shows New Investors Flooded into Chainlink in 2020; Upside Imminent?

Over the past few weeks, Chainlink’s price action has been nothing short of lackluster, with the cryptocurrency failing to gain any serious momentum as investors widely shift their focus away from altcoins and towards Bitcoin.

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Why Crypto Crosses ‘The Chasm’ in a Post-Coronavirus World

2020 will be looked back on as the year that marks the present era from the past; the demarcation line separating the before and the after.

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Peter Schiff Becomes Bitcoin Influencer #2 in 2020, Sharing List with Pomp and Max Keiser

Renowned Bitcoin hater Peter Schiff has been put on the list of Bitcoin influencers over the past week, along with Anthony Pompliano and Max Keiser, Schiff rated second

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Zilliqa (ZIL) sees 40% sharp rise in the last weeks of 2020

The current crypto rally that has taken Bitcoin beyond $28. 4k has done a lot for specific altcoins, as well. Zilliqa (ZIL), for example, has seen a major price surge in the past week, going up by over 40%.

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2020 Was a Good Year for Crypto, and We’ll Soon Have Even Better Ones

The rise of CBDCs In the past few years, there were only rumors about central bank digital currencies (CBDCs). Issued and controlled by the state, a CBDC refers to the digital version of the national currency that has the potential to replace cash.

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Bitcoin price continues to hit new milestones

The price of Bitcoin has seen massive growth over the past two weeks. The coin reached a new ATH, only to progress even further up after a brief correction. The coin’s most recent record is $28,288, and while there is not a lot of time left in 2020, it is still possible that BTC could have one last surge, and hit one more milestone before 2021 arrives Fundamental analysis: A new milestone Over the last week, Bitcoin has seen tremendous price growth, most of it taking place during the weekend, right after Christmas.

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Ethereum and USDT Dominant as Stablecoin Transactional Volume Soars Past $1 Trillion in 2020

The cumulative transactional volume of all stablecoins across different blockchains have surpassed the $1 trillion mark in 2020 alone, The Block Research data on Dec 23 reveals. USDT and Ethereum Command Market Share Out of this, the USDT issued by Tether Limited is the most dominant with a market share of 73 percent followed byRead More

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Bitcoin bursts past $10,000, marking coin's first big move since halving

Bitcoin surged past $10,000 for the first time in over two months marking the cryptocurrency’s big-move since its halving. Since early-May 2020, amid economic strife, the cryptocurrency was locked iThe post Bitcoin bursts past $10,000, marking coin's first big move since halving appeared first on AMBCrypto.

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How China Went From Trading Bitcoin to Creating Its Own Crypto

Over the past decade, China has had a turbulent relationship with the cryptocurrency market. While it was one of the biggest forces in the industry at one point, Chinese investors have almost all but pulled out in 2020.

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XRP Has Just Broken Past a Crucial Downtrend, But Don’t Bet on a Rally

Bitcoin, Ethereum, along with many other cryptocurrencies have done well in 2020. Yet the same cannot be said for XRP, which is down by approximately 10% since the start of the year. The fourth-largest cryptocurrency started the year third, but XRP has performed so relatively poorly that it has slid down a slot.

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With Tether trading at a discount, is Bitcoin in trouble ?

For the most part, Bitcoin has struggled to go past its psychological resistance at $10,000 in the year 2020. Just like traditional financial markets, crypto-markets also took a significant blow as soThe post With Tether trading at a discount, is Bitcoin in trouble ? appeared first on AMBCrypto.

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Economic turbulence in 2020 sparks boom in crypto-based CeFi lending

Crypto-based centralized finance (CeFi) platforms appear to be the beneficiary of the economic events seen throughout the past fiscal quarter. The post Economic turbulence in 2020 sparks boom in crypto-based CeFi lending appeared first on CryptoSlate.

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Cryptocurrency News Roundup for July 3, 2020

Bitcoin dropped below the key psychological barrier of $9,000 late Thursday, shedding more than $300 in just over two hours. A flash crash of this kind was the last thing the bulls needed given that technical indicators have remained consistently bearish over the past few weeks.

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Industry Executive Doubles Down: Bitcoin Will Hit $50,000 in 2020

After a strong rally from the March lows, Bitcoin has stopped trending higher. For the past two months, the cryptocurrency has been caught in a 15% range that it has barely deviated from. The consolidation has been met with assertions by analysts that BTC has lost its momentum.

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Cryptocurrency News Roundup for June 30, 2020

The cryptocurrency space has remained relatively uneventful over the past 24 hours with Bitcoin (BTC) stubbornly anchored in the $9,100 – $9250 range. Even Ether (ETH), the second-largest crypto by market cap, has remained low-key just above support at $220.

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Bitcoin volatility craters to 2020 lows; Is the crypto market coiling up for a major move?

For a brief period yesterday, it seemed as though Bitcoin was making a trend-defining movement that would mark a resolution to the extended period of sideways trading that the crypto has faced over the past several weeks.

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Ethereum Miners Accumulating While Active Addresses that Coincides with a ‘Strong Price Rally’ on an Uptrend

Unlike Bitcoin, Ethereum has really made substantial gains in 2020, up 75% YTD compared to BTC’s 25%. Even after the March sell-off, Ether has been on an incline, rising 10. 52% against BTC the past month.

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Is The S&P 500 Still Leading The Bitcoin Price?

The prices of Bitcoin (BTC) and the S&P 500 (SPX) have been positively correlated for the majority of 2020. While they have de-coupled over the past two months, correlation is once again at an all-time high.

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Bitcoin, not banks, have millennials' trust in 2020

The financial crisis of 2008 shook the entire world and exposed the flaws in the world of Banking. However, financial analysts around the world have been noting a similar trend over the past few monthThe post Bitcoin, not banks, have millennials' trust in 2020 appeared first on AMBCrypto.

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The Probability of Ethereum Seeing a Parabolic Rise in 2020 is 7%; Factors to Consider

Ethereum has been moving in close tandem with Bitcoin throughout the past several days and weeks, struggling to garner any independent momentum as it ranges This sideways trading has done little to bolster the cryptocurrency’s bull case That being said, analysts have been pointing to its fundamental strength as a reason why it may soon explode higher Data seems to suggest that the crypto only has a 7% chance of seeing any type of intense […]

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Ethereum’s Reaction to This Crucial Support Level Will Determine its Fate in 2020

Ethereum has seen some lackluster price action in recent times, largely facing sideways trading similar to that incurred by Bitcoin and the entire crypto market It has posted some signs of weakness throughout the past several hours due to it dipping below its well-established trading range This has led it down to what analysts are describing as a “crucial level,” and its reaction here could determine its fate in the months ahead One venture capitalist […]

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Chris Giancarlo: XRP Not a Security But An Alternative Currency 

In an opinion piece for the Financial Law Review, Chris Giancarlo, the immediate past chairman of the Commodities Futures Trading Commission (CFTC), has argued that XRP is not a security, but more like an alternative currency, according to reports on June 17, 2020.

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Bitcoin Braces for Breakout, IOTA Signals Long-Term Reversal, & More: Crypto News Roundup

Despite relatively high volatility over the past 24 hours, Bitcoin continues to remain anchored in the mid-$9,000s. On a slightly longer time scale, it appears that the alpha-crypto has been consolidating sideways in a roughly $1,500 range since early May 2020.

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P2P ‘Ponzi Scheme’ Exchange, Good Crypto, Is Behind the $5M Transaction Fees on Ethereum

Fees paid to miners of the Ethereum network has been gaining a lot of traction lately. In 2020, it has been on an upward trend. The total fee volume in Ether on the network increased by a whopping 336% in the past two months as mean fee volume surged from 0.00067 ETH on April 17th […]

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US dollar's reserve currency status at risk, but what does that mean for Bitcoin?

2020 has turned out to be quite an unpredictable year. The COVID-19 pandemic and the lockdown that followed in its wake have had a tremendous effect on the global markets. In the past few months, popuThe post US dollar's reserve currency status at risk, but what does that mean for Bitcoin? appeared first on AMBCrypto.

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Cryptocurrency News Roundup for June 10, 2020

In the past 24 hours, Bitcoin has been range-bound between $9,570 and $9,870. The flagship crypto broke out above the $9,800 level, giving many traders hope that the $10,000 milestone was in sight.

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Morgan Creek’s Jason Williams Sees Bitcoin Skyrocketing Past $20k By End of October

Morgan Creek Digital’s general partner Jason Williams recently highlighted some prominent Bitcoin price predictions. Notably in his opinion, Williams predicts that Bitcoin price will hit a new all-time high by the end of October 2020.

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Ethereum's current price woes may soon correct itself

Ethereum witnessed a turbulent start in June 2020. Over the past 4 days, the second-largest token has reached as high as $253 in the charts but registered a massive pullback to $225 within 5 hours.

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Bloomberg Analyst: Why the Bitcoin Price Will Double to $20,000 in 2020

Bitcoin took a heavy beating yesterday after attempting to break past $10,000 for the first time in weeks. As reported by Bitcoinist previously, the asset plunged by $1,500 in three minutes, falling as low as $8,600 on BitMEX due to a barrage of sell orders.

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Brave Browser Surges Past 15 Million Monthly, 5 Million Daily Active Users

In an announcement dated June 1, 2020, the privacy-centric web browser Brave (BAT) stated it had crossed 15 million monthly active users and 5 million daily active users in May 2020. Brave Continues to Achieve More Milestones Brave, a web browser that aims to give users complete control over their digital identity and privacy continues to witness widespread adoptionRead MoreRead More.

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This Key Data Metric Shows One Ultra-Bullish Crypto is About to Plunge

There’s no question that Chainlink has been the most bullish cryptocurrency on the market throughout the past couple of years, posting massive gains throughout 2019 and 2020 These gains allowed it to set fresh all-time highs earlier this year, and it now appears to be navigating back towards these highs Its mounting short-term strength, however, may be plagued by a massive influx of LINK into exchanged over the past day This could suggest that traders […]

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Ethereum and XRP weekly price June 2020

Ethereum and XRP have had contrasting markets over the past seven days and are...

The post Ethereum and XRP weekly price June 2020 appeared first on Coin Journal.

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High Bitcoin outflows might be boon for Prime Brokerage

It has not been an ideal period for Bitcoin exchanges over the past few months. Ever since the market suffered a major collapse in March of 2020, the number of Bitcoin on exchanges has continued toThe post High Bitcoin outflows might be boon for Prime Brokerage appeared first on AMBCrypto.

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This Eerily Accurate Fractal Predicts Bitcoin Will Rocket to $20,000 in 2020

While Bitcoin is up 5% over the past two days, the crypto-asset market remains in consolidation. After hitting $10,100 in late April, the cryptocurrency has stagnated under that key level. It has since traded in a relatively tight consolidation pattern from $8,500 to $9,500, failing to move decisively out of this range. Though a popular...

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Cryptocurrency News Roundup for May 28, 2020

Bitcoin broke through the major resistance between $9,200-$9,350 on Thursday and made it past $9,500. The mini-rally came barely a day after a leaked document showed that not only does Goldman Sachs advise clients against investing in Bitcoin, but it doesn’t even count cryptocurrencies among legit asset classes.

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This Crypto Could Soon Invalidate its Multi-Year Bullish Market Structure

Chainlink has seen some immense bullishness throughout the past two years, but its strong market structure dates back even further In spite of the crypto’s ongoing upswing that has led it past $4.00, analysts are still cautious about where it may go next One trader is even noting that he believes it will soon invalidate a key growth curve that has been pivotal to its multi-year uptrend Chainlink’s immense bullishness seen throughout 2019 and 2020 […]

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Deribit Hits Landmark Bitcoin Open Interest, CME Plays Catch Up

Deribit’s Bitcoin options surged past 100,000 BTC of open interest. But as CME catches up, recording a 13x increase in open interest during May 2020, is Deribit’s position as the... The post Deribit Hits Landmark Bitcoin Open Interest, CME Plays Catch Up appeared first on Crypto Briefing.

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Cryptocurrency News Roundup for May 17, 2020

Bitcoin started the week on a rather positive note as the BTC-USD pair briefly went past $9,900 in the wee hours of Monday (UTC). As of this writing, the price has retreated to $9,500. Meanwhile, open interest in Bitcoin futures has nearly doubled in the past two weeks.

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Ether Traders Betting on a Spike as ETHUSD Long Positions Climb to a Record High

In 2020 so far, Ether price has surged 53%. These gains were primarily the result of an upswing recorded last month. In the past seven days, the price of the second-largest cryptocurrency by market cap dropped 5.

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Cryptocurrency News Roundup for May 13, 2020

Following a low-key third halving (in terms of price), Bitcoin was maintaining a sort of quasi-stability in the high-$8,000s for nearly two days. On Wednesday, however, things started pacing up once again as the benchmark cryptocurrency crossed the psychological barrier at $9,000 and then went straight past the resistance at $9,200.

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This Crypto Could See Major Pain as it Risks Breaking Its Macro Uptrend

Tezos has been one of the most bullish cryptos throughout late-2019 and 2020, only seeing momentum rivaled by that seen by Chainlink The cryptocurrency is now at risk of invalidating the technical strength brought about as a result of this uptrend Analysts are noting that it could soon see some serious “pain” as it struggles to hold above a key support level Tezos has seen some serious momentum throughout the past several months that has […]

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XRP's 2020 growth is commendable, but will it be different this time?

The story for XRP is the same in every bull run. Over the past year, whenever the third-largest crypto-asset has undergone a positive surge, the XRP community has been the first to put its bullish The post XRP's 2020 growth is commendable, but will it be different this time? appeared first on AMBCrypto.

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