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Ethereum Forms “Compelling” Bearish Reversal Pattern; Here’s What Could Invalidate It

An overnight decline seen by the aggregated crypto market appears to have bolstered the possibility that Ethereum is forming a potent head and shoulders (H&S) pattern This comes as analysts note that they foresee its recent highs to mark a local top It is important to note that there is one upcoming event that could be a catalyst for further bullishness One trader believes this event will help ETH establish a mid-term uptrend in the […] дальше »

2020-6-6 23:00


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Central Bank Digital Currencies are a Risk to Dollar Dominance: JPMorgan Report

According to JP Morgan Chase & Co., if the idea of central bank digital currencies (CBDC) gains traction, the US can risk losing its geopolitical power. “There is no country with more to lose from the disruptive potential of digital currency than the United States,” wrote analysts including Josh Younger, head of U.S. interest-rate derivatives […] дальше »

2020-5-24 21:24


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Visa CEO Recognizes Real Potential in Stablecoins and Cryptocurrencies

In a question and answer session at the JP Morgan Annual Tech Conference, the head of Visa admitted that cryptocurrencies are complementary to its current payment systems — not competitive. Ryan Todd (@_RJTodd), who reported on Visa’s acknowledgment of digital currencies, added that the total stablecoin value has hit ten billion dollars last week. дальше »

2020-5-18 09:36


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Bitcoin Hits $9.4k on Halving FOMO, But Morgan Stanley’s Stunning Warning Threatens Rally

Bitcoin closed above $9,4000 on traders’ fear-of-missing-out (FOMO) sentiment over halving. But Morgan Stanley’s risk management head warned that FOMO is “not a good sign. ” The veteran recommends investors and traders to make a more defensive portfolio as the extent of the market damage remains unknown. дальше »

2020-5-7 08:54