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Cryptocurrency News Roundup for May 11, 2020
The widely-anticipated third Bitcoin halving finally took place Monday at 19:23 UTC. Unlike what over-optimistic bulls were perhaps hoping for, the BTC-USD pair remained relatively low-key going into the milestone event (even though some wild price fluctuations went on through the last 3-4 hours leading to block #630,000). дальше »
2020-5-12 11:45 | |
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With few blocks away from Halving, here’s how Bitcoin has been performing so far today
Today has been extremely volatile for Bitcoin breaking above $9,000 just to crash in the next few hours. We are seeing a 1% price move on 1-minute candlesticks all the time. However, even after such high volatility Bitcoin is still trading around $8,500, the midpoint between $9,200 and $8,000 basically. Looking at the 1-hour chart, […] дальше »
2020-5-12 22:00 | |
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What to Make of Bitcoin’s Sharp Drop Below $9,000
In the early hours of May 10, the Bitcoin price initiated a very rapid decrease that caused the price to go from $9,574 to $8,117 in a span of less than one hour. While the price bounced upward afterward, it has failed to even reach $9,000. дальше »
2020-5-11 17:20 | |
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Sorry Bulls: Bitcoin Prints Perfect Sell Setup Last Seen at February’s $10k Top
After weeks of bullish price action, Bitcoin finally topped $10,000 today, rallying as high as $10,100 on the back of an influx of buying pressure. Many say that this recent move sets the stage for even greater growth, but a trader recently argued that BTC printed a “perfected” sell setup. The setup was the exact... дальше »
2020-5-8 12:00 | |
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Mixed Predictions: Bitcoin Price after Halving May Hit $8,000-$6,000 or Even $1,800
Coinspeaker Mixed Predictions: Bitcoin Price after Halving May Hit $8,000-$6,000 or Even $1,800The closer Bitcoin halving is, teh more predictions we get about teh BTC price in teh nearest future. дальше »
2020-5-7 16:28 | |
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Here’s Why Bitcoin’s Outperformance of Gold Isn’t Impressing One Prominent Investor
Bitcoin’s recent recovery from its mid-March lows has allowed it to outperform gold and virtually all major markets this year This strength has even allowed it to see over twice the returns that gold has seen – boosting the “digital gold” narrative that was popularized in 2019 One prominent investor isn’t impressed with BTC’s performance, however, and believes that the risk-reward ratio still makes it a bad investment Bitcoin has seen some extraordinary price action […] дальше »
2020-5-7 02:00 | |
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Bitcoin Price Tops $9,300 As Bitwise Study Says Holding BTC Boosts Any Portfolio
Bitcoin has hit a daily high of $9,392. 64, the top cryptocurrency’s upside coming on the back of strong moves in the past 24 hours. Elsewhere, asset management firm Bitwise says that BTC would have boosted any portfolio even with its price decline after the 2017 bull run. дальше »
2020-5-7 19:14 | |
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Even After 90% Crash from Highs, Analyst Thinks XRP is “Wildly Overpriced”
Since the blow-off top at $3. 30 seen at the start of 2018, XRP has been in a consistent macro downtrend. Even as Bitcoin and other cryptocurrencies roared higher in mini bull markets, the cryptocurrency’s price has been muted, trending lower and lower over time with seemingly no bottom to speak of. дальше »
2020-5-3 04:00 | |
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Bitcoin April Monthly Close Was Crypto Asset’s Best Performance Since 2013
Today is a new month, and that means that last night’s daily close also market the April candle close on Bitcoin monthly price charts. Last night’s close marked the first-ever cryptocurrency’s best April performance since 2013, even easily besting the April 2019 rally that took Bitcoin to over $13,000. Is this a sign that the... дальше »
2020-5-2 23:00 | |
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Bitcoin‘s Fate May be Determined By How it Responds to this Single Level
Bitcoin pushed higher overnight as bulls attempted to firmly surmount the $9,000 region, although the crypto faced yet another rejection at these price levels One fund manager is now noting that BTC’s current price region seems like a logical place for its uptrend to stall This comes as a respected trader notes that the crypto has reached a pivotal price level that could determine its fate in the weeks and even months to come Bitcoin […] дальше »
2020-5-1 21:00 | |
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Ethereum Rally Seems Unstoppable: Here’s Why It Could Test $250
Ethereum is up more than 12% and it broke the $220 resistance against the US Dollar. ETH price is likely to continue higher and it could even test the $240 and $250 levels. Ethereum is surging and it recently broke the $215 and $220 resistance levels. дальше »
2020-5-1 07:48 | |
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How Realistic Is $1 Million Bitcoin?
Massive global quantitative easing has reignited price predictions for $1 million Bitcoin. Even in light of the coronavirus pandemic, are these prices realistic? Calls for $1 Million BTC by 2025...The post How Realistic Is $1 Million Bitcoin? appeared first on Crypto Briefing. дальше »
2020-4-29 03:40 | |
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Will Bitcoin’s April 2019 Fractal Take It to $16,000?
Throughout April and May 2019, the Bitcoin (BTC) price has traded inside an ascending wedge. Even though this is considered a bearish reversal pattern, the price broke out and increased by more than 100 percent afterward. дальше »
2020-4-27 18:10 | |
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Analyst: this statistical model says there’s a 75% chance Bitcoin rallies even higher next week
Yes, the price of Bitcoin may have stalled over the past three days, stagnating around $7,500, but the cryptocurrency is still decisively bullish from a macro perspective, analysts say. In fact, should BTC close the weekly candle above $7,100 in approximately seven hours as of this article’s writing, this will be the sixth — yes, […] The post Analyst: this statistical model says there’s a 75% chance Bitcoin rallies even higher next week appeared first on CryptoSlate. дальше »
2020-4-28 17:00 | |
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Here’s Why the Bitcoin Halving is Bullish Even if Miners Switch Off
With the latest gains, the price of bitcoin has turned green on a year-to-date basis. Ahead of the third bitcoin halving which is just 17 days away, the price of the leading digital asset has jumped to six weeks high at $7,500 just before the crash on Black Thursday. дальше »
2020-4-25 23:16 | |
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Tezos Price Analysis - Spot prices and on-chain metrics return to highs
Technicals for the XTZ/USD pair reset on March 12th but are nearly bullish once again. Technicals for the XTZ/BTC paint an even more bullish picture. дальше »
2020-4-24 15:01 | |
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Bitcoin's volatility days are on pause... even post the halving?
With less than a month to go for the third Bitcoin halving, volatility is looking to take a break. Despite 2020 marking a five-figure price and dropping to a 12-month low, the volatility of the past iThe post Bitcoin's volatility days are on pause. дальше »
2020-4-20 20:00 | |
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Corona Money Printing Worries – Housing Prices Slide Downwards First Time in 10 Years in Northern Europe
Real estate price reports from March in northern countries like Denmark and Sweden now show negative developments for the first time in over 10 years. If furloughed workers continue into unemployment, the effects on the housing markets will be even more significant, says Claudia Wörmann at SBAB Bank. дальше »
2020-4-20 13:05 | |
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Bitcoin Market in Backwardation Supports A ‘Cautious Tone’ for BTC Price Short Term
The price of Bitcoin on spot exchanges is currently trading around $6,750 after sliding below $7,000 over the weekend. Some extremely bearish predictions are even calling for fresh lows. However, the good thing is Bitcoin has found a “higher floor” and given that currently, the cash on exchanges is at all-time highs and sentiments are […] дальше »
2020-4-16 22:11 | |
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Data shows retail demand for Bitcoin is rapidly mounting, even after 100% rally
Even after the recent tepid price action Bitcoin remains 86 percent above its $3,700 lows set in March’s “Black Thursday” crash. Instead of deterring late arrivals, this strong rally has seemingly convinced many retail traders that Bitcoin’s rally is far from complete. дальше »
2020-4-16 21:22 | |
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The Bitcoin Halving may just not be the Magical Event that takes BTC Price to the Moon
Jameson Lopp, Co-founder & CTO CasaHODL said on Twitter that even though the halving won’t be “some sort of magical economic inflection point,” it will certainly serve to “reinforce the narrative of bitcoin’s scarcity. дальше »
2020-4-16 09:59 | |
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Ethereum’s Static Hashrate Puzzles Amid Price Volatility
Ethereum’s hashrate has not moved at all during the extraordinary events of the past two months even as price volatility led to utter chaos in some defi dapps. You all... The post Ethereum’s Static Hashrate Puzzles Amid Price Volatility appeared first on Trustnodes. дальше »
2020-4-16 18:27 | |
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Bitcoin Market Now More Valuable than Citigroup as Pandemic Bites Harder
Even though the price of Bitcoin crashed about a month ago, it has still performed satisfactorily on average, even amid the ongoing coronavirus pandemic. A recent report from crypto firm TradeBlock has highlighted Bitcoin’s performance, comparing this performance with that of bank stocks. дальше »
2020-4-14 19:28 | |
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Bitcoin Fails to Close the Week Above $7,000 — Is the Pump Over?
During the week of April 5-12, the BTC price failed to reach a close above a significant resistance level found at $6,800. Even though it initially climbed above this resistance, it proceeded to create a long upper-wick and close below. дальше »
2020-4-13 11:05 | |
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XRP and Bitcoin correlation hits a new ATH: More headwinds for XRP soon
XRP is the third-largest cryptocurrency even with the price trading under $0.20 for quite a while. The total XRP in circulation [which is 44 billion] easily compensates for the price. At press time, XThe post XRP and Bitcoin correlation hits a new ATH: More headwinds for XRP soon appeared first on AMBCrypto. дальше »
2020-4-13 22:00 | |
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Peak “Fear” Crypto Market Shows Big Bitcoin Recovery is Imminent: Analyst
The crypto market is on fire this week, with Bitcoin price exploding well above $7,000 and the rest of the market outperforming the leading crypto by market cap. However, even though prices are taking off across the market, according to the Fear and Greed Index, the market is still in extreme fear. One crypto analyst... дальше »
2020-4-8 23:00 | |
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How Much New Inflow Bitcoin Needs to Stay at this Price Level?
In yet another green start of the day, Bitcoin jumped 5. 16% to trade at $7,148. In the past week, the world’s leading cryptocurrency recorded gains of 12. 60%. Following Bitcoin, altcoins pumped even harder this time, with Stellar (XLM) up 16. дальше »
2020-4-6 17:45 | |
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Bitcoin Regains Significant Support Level, Aims for $9,000
Over the last few hours, the Bitcoin bulls seem to have taken control of BTC’s price action. Even though a significant resistance level lays ahead, a further bullish advance seems...The post Bitcoin Regains Significant Support Level, Aims for $9,000 appeared first on Crypto Briefing. дальше »
2020-4-6 15:53 | |
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Bitcoin to Head Lower Into Halving, Hit ATH by Sept: Morgan Creek Partner
Even despite the recent carnage in the Bitcoin market, many industry observers are still bullish going into the last few weeks before the halving. However, not everyone is expecting a price higher than $6,900 prior to the BTC supply shock. дальше »
2020-4-3 09:15 | |
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Would CoinGecko Benefit from a Binance-CMC Deal?
Rumors abound in the cryptocurrency industry that Binance is about to complete a buyout of the popular digital asset price reference website CoinMarketCap. Even before full confirmation of the news, some observers are suggesting that the takeover represents a conflict of interest. дальше »
2020-4-1 07:15 | |
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Bridges to Bitcoin Built on Ethereum Growing Amidst the Exodus of BTC from Top Exchanges
On March 12th, the price of bitcoin went down to $3,850 and altcoins dropped even harder that wiped out about $90 billion from the cryptocurrency market. Since then, the market has added $44 billion as Bitcoin jumps over 60% and takes altcoins up with it. дальше »
2020-3-30 21:15 | |
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Ontology, Enjin, BNB price: Will these altcoins maintain their current supports?
Altcoins are different from each other in terms of their transaction speed, scalability levels and even their ranking, however, right now, all of them are trending downwards. Binance Coin which was ofThe post Ontology, Enjin, BNB price: Will these altcoins maintain their current supports? appeared first on AMBCrypto. дальше »
2020-3-30 19:30 | |
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Icon, Enjin and Huobi Token price: Even ICX's superior 90-day performance must come to an end
Even though most altcoins are stuck moving sideways with little or no volatility, some have managed to perform better than others. Not all altcoins are dead, and Icon aka ICX is a good example of thatThe post Icon, Enjin and Huobi Token price: Even ICX's superior 90-day performance must come to an end appeared first on AMBCrypto. дальше »
2020-3-29 19:00 | |
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Why is Unlimited Quantitative Easing (QE) Bullish for Bitcoin (BTC) Price?
The Fed has long been pumping liquidity in the market and after the market carnage started a few weeks back driven by the novel coronavirus and oil price war, the central bank slashed the interest rates to zero, short-term Treasury bills even dropped into negative territory, and they were forced to work on their strategies. […] дальше »
2020-3-29 02:44 | |
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Bitcoin sell-off: Lack of spot liquidity, Ponzi schemes to blame?
Bitcoin [BTC] is called the king coin for a reason. Even after its significant price drop on 12 March, the top coin continued to dominate other altcoins. In fact, according to the Head of Product atThe post Bitcoin sell-off: Lack of spot liquidity, Ponzi schemes to blame? appeared first on AMBCrypto. дальше »
2020-3-27 17:30 | |
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Bitcoin Whale: Miners Still Overleveraged; Waiting for the ‘Delayed Supply Reentry Shock’
It’s now been five days that the price of bitcoin is keeping above $6,000, we managed to even spike to nearly $7,000 briefly. For the most part, BTC is staying above $6,600, trying to find a ground. дальше »
2020-3-27 17:02 | |
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Analyst: this “textbook pattern” says there’s a 72% likelihood Bitcoin will burst past $10,000
As random as Bitcoin’s price action seems, it’s often textbook. The price action is so textbook, in fact, that two run-of-the-mill technical analysis patterns suggest that the cryptocurrency is about to rally even higher than it already has over the past week. дальше »
2020-3-29 17:00 | |
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Comparing Bitcoin’s Recovery With the S&P 500
The Bitcoin price decreased rapidly from March 11-13. Since then, it has been on a gradual upward trend, recouping the majority of its losses. The same cannot be said about the stock market, even though the federal reserve has taken drastic measures, conducting cash injections of more than Bitcoin’s entire market cap. дальше »
2020-3-25 21:15 | |
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Gold Is Proving an Ideal Safe Haven Asset Even as Spot Price Plunges
The spot gold price doesn't yet reflect extraordinary demand for the precious metal and the Federal Reserve's breakneck monetary expansion. The post Gold Is Proving an Ideal Safe Haven Asset Even as Spot Price Plunges appeared first on CCN.com дальше »
2020-3-23 23:00 | |
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Bitcoin Price Drops $1,000 as Stocks Plummet — Bulls Quickly Buy the Dip
Bitcoin bulls are showing strength even as the asset was overdue for a pullback after an amazing rally from the weekly low at $3,775
дальше »2020-3-22 02:05 | |
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Top Analyst Explains Why Bitcoin Price is Up 78% amid Coronavirus Outbreak
Bitcoin resumed its roller-coaster rally even as the worsening Coronovirus pandemic discouraged investors from holding risky assets. The benchmark cryptocurrency jumped 29. 11 percent in the last 24 hours, hitting a new weekly high of $6,900 on Coinbase. дальше »
2020-3-20 14:57 | |
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Bitcoin Price Above $6,700 as Cryptocurrencies Rise $23.8 Billion in 24 Hours
Coinspeaker Bitcoin Price Above $6,700 as Cryptocurrencies Rise $23. 8 Billion in 24 HoursBitcoin price shows signs of recovering as it hit $6,700 level, even as the stock market continues in the sell-off. дальше »
2020-3-20 12:54 | |
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2 Altcoins Are Pumping (Despite the Bearish Crypto Market)
Last week’s decrease in the Bitcoin price was even more unforgiving for altcoins, the majority of which suffered drops in a much larger magnitude than that of BTC. However, over the past two days, the price of two altcoins — STEEM and DASH — has increased considerably. дальше »
2020-3-19 20:55 | |
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This news proves the crypto industry isn’t dead even after Bitcoin’s 50% crash last week
Glancing at Bitcoin’s price performance over the past week, punctuated by a 50 percent decline on the days Mar. 12 and 13, it’s easy to say that “crypto is dead.” Case in point: Peter Brandt, a long-time commodities trader that once said BTC could hit $50,000 and beyond, recently argued that if he looks at […] The post This news proves the crypto industry isn’t dead even after Bitcoin’s 50% crash last week appeared first on CryptoSlate. дальше »
2020-3-18 03:30 | |
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