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Bitcoin Whales Grow After Price Bottoms, Analyst Says ‘Coins Are Moving to Very Strong Holders’

While the price of bitcoin has been consolidating just above the $30k handle, onchain data shows that when the price dropped to $28,800, bitcoin whales bought the dip. Statics from Glassnode’s web portal shows the number of addresses with more than 1,000 bitcoin has spiked after hitting the price bottom. The Number of Addresses Holding […] дальше »

2021-1-24 03:30


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Bitcoin Largely Remains Uncorrelated to Stock Market, Crucial Data Shows

Bitcoin has shown some signs of being correlated to the stock market over the past few months, especially during times of bear-favoring turbulence This correlation, however, does not appear to be as striking as it seems, as data suggests that its macro-correlation to most traditional assets remains incredibly low One analyst explains that it has moved in tandem with other assets during sharp declines due to the crisis nature of some of these selloffs That […] дальше »

2020-6-18 02:00


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This Fractal Pattern Puts XRP at Grave Risk of Seeing Massive Downside

XRP has been largely hovering around the $0.20 region in recent times, failing to garner any decisive momentum as the aggregated market stalls The crypto’s lack of growth in recent times has led it to surrender its spot as the third largest digital asset to stablecoin Tether (USDT) One analyst is now pointing to a grim fractal pattern that shows the cryptocurrency could be at grave risk of seeing a massive downside movement in the […] дальше »

2020-5-22 23:00


Ethereum’s Macro Technical Structure Signals It Could Rally to $750 in Months Ahead

Ethereum’s immense weakness in recent times may not last for too much longer, as one technical structure suggests the cryptocurrency could be poised to rally higher One analyst is even noting that the crypto could surge up to highs of $750 if this structure plays out This comes as data shows that investors on cryptocurrency exchange platform Bitfinex may have been heavily accumulating ETH throughout the past several months Ethereum’s immense weakness seen throughout the […] дальше »

2020-5-19 02:00


Analyst: this unorthodox factor shows a crypto bull may soon make a strong return

Since the crypto market started to trend lower four days ago, analysts have been wondering at which point the pain will stop. While most analysts remain divided over the answer to this pressing question, one unorthodox factor suggests Bitcoin and the rest of the cryptocurrencies have found or are very close to a local bottom, […] The post Analyst: this unorthodox factor shows a crypto bull may soon make a strong return appeared first on CryptoSlate. дальше »

2020-2-28 00:45


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Analyst: this pattern shows Bitcoin could be bound for a massive July breakout

The past couple of days have been rocky for Bitcoin (BTC), with the benchmark cryptocurrency facing some notable downwards pressure in the time following its recent rejection at $9,600. It is important to note that the rejection at this level – although bearish over the short-term – may actually throw Bitcoin into a highly bullish […] The post Analyst: this pattern shows Bitcoin could be bound for a massive July breakout appeared first on CryptoSlate. дальше »

2020-2-5 06:00


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Analyst: Chainlink shows hints of bullishness as the crypto market faces turbulence

It’s no secret that Chainlink was one of the best performing cryptos throughout 2019, with LINK clocking parabolic gains that are typically only seen during firm bull markets. It is important to note that LINK’s parabolic rally in 2019 was much more than simply a fleeting upwards market cycle, as the crypto’s bullishness has been […] The post Analyst: Chainlink shows hints of bullishness as the crypto market faces turbulence appeared first on CryptoSlate. дальше »

2020-2-4 02:30


Stellar Lumen’s Inflation Scheme Shows Failures in Token Model

In a January 7, 2020, report from Coinmetrics, analyst Antoine Le Calvez revealed several supply and distribution failures within the Stellar Lumens network. Specifically, who really profited from the monetary inflation process? Failed Tokenomy, but not Scandalous Stellar Lumens was first launched in July 2014 following the second wave of major cryptocurrency projects including Monero, […] The post Stellar Lumen’s Inflation Scheme Shows Failures in Token Model appeared first on Crypto Briefing. дальше »

2020-1-8 12:32