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Institutions are Growing Increasingly Bullish on Bitcoin Following Drop to $10,000

Bitcoin’s price is now expressing some signs of stability within the lower $10,000 region, with bulls being able to garner some strong support This comes after the cryptocurrency defended its crucial near-term support level at $9,900 on multiple occasions throughout the past week One analyst is now noting that investor fear is at the same level it was at just before the crypto pumped to $12,000 This also comes as institutional investors grow bullish on […] дальше »

2020-9-13 19:00


Bitcoin is Gearing Up for a Major Push Lower as Analysts Eye $9,600

Bitcoin’s inability to break above $10,500 speaks to some underlying weakness amongst the cryptocurrency’s bulls It also shows that the bears still have the edge over the benchmark crypto’s price action, which could mean that a break below its key support between $9,900 and $10,000 is imminent BTC is currently caught within a consolidation phase, being unable to find any strong momentum following the recent rejection Analysts are growing bearish on its near-term outlook, with […] дальше »

2020-9-12 02:00


Yearn.finance (YFI) Just Surged 20% Due to Coveted Coinbase Listing

In what has to be one of the fastest turnarounds ever, Yearn.finance’s YFI token is being listed on Coinbase just two months after its launch. The leading decentralized finance coin, which is currently the only one with a market capitalization over $1 billion, was just revealed to have garnered a coveted Coinbase listing. On September […] дальше »

2020-9-11 23:38


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Blockchain Battle With China Ensues With New US Congress Bill Proposal

Members of the US Congress have sponsored a non-partisan bill in the hopes of catching up with China’s blockchain development. The “American Competitiveness Of A More Productive Emerging Tech Economy Act,” or COMPETE Act for short, is currently being discussed as a way to accelerate blockchain development in the US. While the rest of the […] дальше »

2020-9-9 14:55


These Factors Suggest Bitcoin is Building Pressure to Make a Massive Move

Bitcoin is once again teetering on the brink of seeing some serious downside, as the cryptocurrency is struggling to hold above its key $9,900 support The benchmark crypto has yet to plunge beneath this level, but the chances of it being broken do appear to be growing by the hour Most investors are anticipating this to result in a move down towards its CME gap at $9,700, which has yet to be filled Filling this […] дальше »

2020-9-9 02:00


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Ethereum Continues Finding Strong Support, But Fails to Break Crucial Level

Bitcoin’s inability to push past $10,400 has created a major headwind for the aggregated market This has resulted in ETH’s price plunging towards its key support levels throughout the mower-to-mid $300 region Because Ethereum has grown highly correlated to Bitcoin as of late, where it trends next may depend almost entirely on the benchmark cryptocurrency That being said, one analyst is noting that the strong support ETH has at $320 may be enough to stop […] дальше »

2020-9-9 23:00


Bitcoin Could Plunge to $8,100 if These Key Levels Fail to Hold

Bitcoin’s bulls and bears are currently engaged in a heated battle for control of $10,000, with this crucial level likely being the sole factor that determines its near-term outlook. Analysts are noting that the ultimate reaction to this level will likely provide BTC with serious guidance, as a failure to hold above it could spark a far-reaching downtrend BTC is also approaching a key technical level that bulls must try to defend ardently – its […] дальше »

2020-9-8 02:00


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Bitcoin Maintains $10k Support as Weekly Close Approaches; Factors to Consider

Bitcoin has found itself caught within a consolidation phase ever since its price bottomed at $9,900 yesterday This level has proven to be major support on multiple occasions throughout the past few days and weeks, suggesting that it may ultimately prove to be a long-term bottom Analysts are now noting that the cryptocurrency may be well-positioned to see significantly further upside in the days and weeks ahead That being said, how it continues reaction to […] дальше »

2020-9-6 19:00


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Bitcoin Bears May Soon Be Punished as On-Chain Data Grows Bullish

Bitcoin has seen some incredibly bearish price action throughout the past few days, with the cryptocurrency’s price declining to lows of $9,900 before being able to find some strong support. The buying pressure here did prove to be rather significant, as it allowed the token to rally higher and once again stabilize within the lower-$10,000 […] дальше »

2020-9-6 01:00


SushiSwap Founder Sells Dev Shares, Coin Plummets 50 Percent

Crypto investors who have warned about a bubble forming in DeFi are having their ‘I told you so’ moment. Food-themed coin SushiSwap is the one on the chopping block. In what has been accused of being an exit scam, Chef Nomi, the anonymous founder of SushiSwap, has sold $8 million worth of SUSHI, causing the […] The post SushiSwap Founder Sells Dev Shares, Coin Plummets 50 Percent appeared first on BeInCrypto. дальше »

2020-9-5 18:42


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If Bitcoin Defends One Crucial Level, It May Soon Push Significantly Higher

Bitcoin appears to be forming a new consolidation phase as it trades between lows of $10,000 and highs of $10,800 The cryptocurrency has been trading squarely between these two levels for the past several hours, being unable to post any notable rebound from yesterday’s downturn The weakness that it expressed yesterday struck a serious blow to its near-term outlook, as it showed that the benchmark cryptocurrency might not have enough strength to maintain its position […] дальше »

2020-9-5 02:00


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Ethereum Struggles to Reclaim $400, But Bulls May Be Building Up Strength

Ethereum has seen some mixed price action throughout the past 24-hours Despite diving as low as $375 at one point yesterday, the cryptocurrency was able to post a massive rebound that allowed it to climb back up towards $400 It has been consolidating ever since, being unable to firmly surmount this level – signaling that there is some resistance here One trader is noting that although it has shown some signs of weakness, it still […] дальше »

2020-9-5 23:00


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Brutal Blow To Miners: Russia’s New Draft Law Will Ban Crypto Completely And Prohibit Miners From Receiving Rewards

The Finance Ministry of Russia has proposed some amendments that could ban cryptocurrency use in the country. The passing of the new draft bill could be catastrophic for the bitcoin miners in Russia as it aims to prevent them from being rewarded in crypto for the work they put in. Russia Proposes New Law That […] дальше »

2020-9-4 14:38


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Chilean Cryptocurrency Exchange Denies Fraud Allegations, Tribunal Set Rule on Complaint

Chilean cryptocurrency exchange, Badu. com has denied allegations that it fraudulently transferred client funds without authorization. The fraud allegations are being reported by Itau bank and both parties are set to appear before the country’s Tribunal for the Defense of Free Competition (TDLC), which must rule on the case. дальше »

2020-9-4 09:30