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Bitcoin (BTC) price analysis after Bank of America labels it as ‘impractical’

Bitcoin (BTC) price action has continued to trade around the $60,000 handle. BTC price is up over 2% on the day as buyers set their sight on a fresh record high.  Fundamental analysis: BofA analysts bash BTC Bitcoin is similar to other commodities in the sense that the cryptocurrency’s price action is influenced solely by […] The post Bitcoin (BTC) price analysis after Bank of America labels it as ‘impractical’ appeared first on Invezz. дальше »

2021-3-20 15:51


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Ethereum is On the Brink of Setting Fresh All-Time Highs as Bulls Take Control

Ethereum has seen some intensely bullish price action throughout the past couple of days, with bulls sparking a massive upside movement as the cryptocurrency rallies against BTC Where it trends in the short-term should depend largely on whether or not bulls can close a high time frame candle around its current price levels This would […] дальше »

2021-1-17 01:00


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Analytics Firm Reveals That Whales are Starting to Accumulate Ethereum

Ethereum has seen some turbulence throughout the past day thanks to its close correlation with Bitcoin While ETH was able to set a fresh post-2017 high yesterday evening, it lost its momentum and has since slid lower It is still showing some signs of strength, however, and where it trends in the mid-term will undoubtedly depend on Bitcoin Despite some uncertainty regarding its short-term outlook, so-called “whales” appear to be confident that upside is imminent […] дальше »

2021-1-1 01:00


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Cardano (ADA) May Be Forming a Macro Top Despite Surging 400% Since March

Cardano has been caught within an intense rally over the past few weeks, surging amidst a flurry of positive news This rally has allowed it to set fresh yearly highs today, and in the near-term, it appears that it will continue climbing higher It is important to note that it is quickly navigating up towards a massive high time frame resistance level The selling pressure here may be insurmountable and could spark a selloff This […] дальше »

2020-7-8 23:00


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Ethereum’s Rocketing Funding Rates a Grave Sign for Its Ongoing Rally

Ethereum has been severely underperforming Bitcoin in recent times, but this appears to be shifting as the cryptocurrency posts a breakout rally while BTC declines This uptrend has come about as long positions for the cryptocurrency rocket higher, reaching a fresh all-time high this week In tandem with this, ETH’s funding rate has also grown massively – which is typically a grave sign that a torrent of liquidations is imminent Ethereum has been able to […] дальше »

2020-5-30 23:00


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Bitcoin Open Interest on CME Sets New High as Investors Watch Pandemic’s Cost Grow

Open interest for Bitcoin futures on the CME is once again pushing higher towards fresh all-time highs This growth has not coincided with any heavy increase in trading volume, signaling that many investors are looking to use futures to gain long-term exposure to BTC BTC OI’s growth has come as one of the Fed presidents notes that the COVID-19 pandemic could drag on for significantly longer, also leading governments across the world to spend significantly […] дальше »

2020-5-21 21:00


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Tezos sees fundamental growth, but the XTZ price chart is showing technical weakness

Tezos wrapped up 2019 on a high note, with the cryptocurrency’s massive bullishness at the end of the year spilling over into 2020, allowing it to set fresh all-time highs just over a month ago. It was not, however, able to avoid the intense market-wide bearishness seen throughout the month of March, with the downwards […] The post Tezos sees fundamental growth, but the XTZ price chart is showing technical weakness appeared first on CryptoSlate. дальше »

2020-3-29 16:18