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This Trend on Bitfinex Puts Ethereum in a Precarious Position Compared to Bitcoin

Ethereum and Bitcoin have been seeing mixed price action in recent times The weakness seen by these two cryptocurrencies has been mounting over the past few days BTC is struggling to hold above $9,000 as Ethereum trades below its long-established trading range One trend that could have grave impacts for ETH in the near-term is the number of tokens being moved into exchanges – and particularly into Bitfinex This comes as the crypto finds itself […] дальше »

2020-6-29 22:00


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Ethereum is Showing Early Signs of Macro Weakness; What to Watch For

Ethereum has been inching lower after breaking below the support level at the bottom of its long-held trading range This decline has come about despite Bitcoin showing some signs of stability within the lower-$9,000 region ETH is now trading at a crucial support level that buyers are attempting to defend, as a break below it could be dire Analysts are now noting that for the first time in a long time ETH is showing signs […] дальше »

2020-6-29 22:00


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That one phenomenon which could stir up Bitcoin detractors to accumulate large amounts of BTC

Max Keiser, a famous American broadcaster and RT channel host, recently ignited a suggestion that Peter Schiff, Jim Rogers, and Mark Cuban, major investors who are currently known for criticizing Bitcoin, will follow an aggressive buying strategy as soon as they realize the value behind the digital asset, which will most likely accelerate the Bitcoin […] дальше »

2020-6-29 21:40


Bitcoin Setting Up For Another Bull Run After COVID-19 Pandemic ‘Killed’ the First Set-up: On-Chain Analyst

According to a new model that on-chain analyst Willy Woo is working on, bitcoin was setting up for a bull run when coronavirus pandemic – the white swan “killed the party.” The model picks the start of exponential bull runs and it suggests that we are close to yet another bull run and it could […] дальше »

2020-6-29 21:08


Veteran Investor Predicts Doom for Cryptocurrencies, Warning Bitcoin’s Value Could Plummet to Zero

Investor Jim Rogers has now spelled doom for Bitcoin, generally virtual currencies that are not state-backed. This was in a report published by a Japanese media outlet, Aera Dot. He has expressed the sentiment that the governments globally have put a ceiling on how much cryptocurrencies could adopt. He believes that as soon as a […] дальше »

2020-6-29 00:14


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The Simple Reasons Why This Trader is Cautious of Ethereum

Ethereum, like Bitcoin, is currently trading at the lower boundary of its long-established trading range The cryptocurrency does appear to be positioned to see a breakdown below this range, but whether or not this takes place will likely depend on Bitcoin One analyst is now growing increasingly cautious on ETH, explaining that massive spikes in miner outflows for the cryptocurrency signal that a large drop could be imminent This also comes as the China-based PlusToken […] дальше »

2020-6-27 23:00


FTX blasted after “creating tokens” to capture $1 million in value; but that’s what DeFi is supposed to be

An incident earlier this week showed what peak Decentralized Finance (DeFi) could look like — one where the smartest survive and rent-seekers are eradicated immediately. The post FTX blasted after “creating tokens” to capture $1 million in value; but that’s what DeFi is supposed to be appeared first on CryptoSlate. дальше »

2020-6-27 22:56


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Only 1% of Institutional Money Needed to Boost Bitcoin Beyond $50,000 – Messari

New York-based research firm Messari has released a new report exploring the possibility of redirecting a mere 1% of all institutional money away from traditional assets and into Bitcoin. According to Messari analyst, Ryan Watkins, the scenario could lead to inflows worth hundreds of billions of dollars, pushing Bitcoin prices well beyond $50,000. дальше »

2020-6-26 18:05


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Ethereum’s Strength Degrades Following Rejection at $250; What Comes Next

Ethereum has flashed signs of technical weakness overnight following a harsh rejection at $250 This level marked its high-time-frame resistance, and its inability to break above it seems to elucidate underlying weakness amongst its buyers Analysts are noting that it could be poised to continue pushing higher despite this latest setback There is one crucial level that it is trading just a hair above that could invalidate this potential rebound Ethereum has flashed signs of […] дальше »

2020-6-25 23:00


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Bitcoin Sees Major Weakness as “Nasty” Technical Pattern Emerges

Bitcoin faced a harsh rejection at $9,800 yesterday that has since caused it to form a strong short-term downtrend. This has led it back to the lower-region of its long-held trading range BTC does appear to be technically weak at the moment, as buyers are struggling to guard against the heavy selling pressure that was incurred at this level One “nasty” technical pattern could now be flashing If history repeats itself, this pattern could result […] дальше »

2020-6-25 21:00


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Bitcoin Flipping One Crucial Level into Support Could Spark a Wild Bull Trend

Bitcoin has been able to maintain the gains it posted yesterday after it saw a sharp rally that led it up to highs of $9,800 from its recent lows of $9,200 This movement was unexpected, and certainly boosted the crypto’s bull case That being said, BTC still remains firmly within its long-held trading range Whether or not it is able to sustain this momentum may be dependent on if it is able to flip a […] дальше »

2020-6-24 21:00


Bitcoin to Roar Higher on PayPal Selling BTC? Time to Buy the Rumor

Yesterday, the news of fintech giant PayPal planning to roll out cryptocurrency buying and selling for Paypal and Venmo got the crypto market excited, and bitcoin went up to $9,800. Reportedly, the company plans to build in wallet functionality for users to store their crypto in the app as well. The service could be rolled […] дальше »

2020-6-23 19:44


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‘Waning’ Safe Haven Status Leaves The Dollar Vulnerable to Bitcoin

A macro strategist for Deutsche Bank has raised concerns over the dollar losing its safe-haven status if another wave of the pandemic strikes the United States. If the current global reserve currency continues to wane as an “emergency” currency, could Bitcoin eventually step into that role? Macro Strategist Questions USD Safe Haven Premium As Concerns Over Pandemic Resurgence Grows When the economy is under distress, certain assets known as safe havens for capital perform best […] дальше »

2020-6-23 18:28