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Top Analyst Predicts Bitcoin Could Drop Another 10%: Here’s Why
A prominent cryptocurrency analyst thinks that Bitcoin is primed to fall lower after June 11th’s 10% drop, despite the 5% bounce from the lows. He remarked in a post published on June 12th that the cryptocurrency has lost the support of a short-term ascending triangle, and thus is primed to fall to the range lows of $8,575. дальше »
2020-6-13 07:00 | |
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Analyst: If Bitcoin Holds $8,700, the Chances of “Bullish Continuation” Are High
The past few weeks have seen Bitcoin tread on thin ice multiple times: every time the cryptocurrency rallied to $10,000, it snapped lower, often violently. This week’s attempt at the crucial $10,000 resistance was no exception: after temporarily trading above the level for all of 20 minutes, the asset began a precipitous decline. дальше »
2020-6-13 04:00 | |
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Japanese Court Upheld Former Mt Gox CEO’s Conviction for Manipulating Data
A Japanese high court upheld the Tokyo-based lower court’s decision to reject the former Mt Gox CEO’s appeal. Mark Karpeles was arrested in 2015 and accused of “manipulating electronic data” and managed to duck embezzlement charges. дальше »
2020-6-13 01:26 | |
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XRP Has Been Setting Lower Highs for 886 Days; Why Analysts Expect More Weakness
XRP has been severely underperforming the aggregated crypto market throughout 2020 The crypto is now on its 886th day of selling lower lows Analysts do not believe that this trend is going to alleviate anytime soon, as there are other signs of weakness that it has been flashing in recent times One veteran trader even noted that it could soon plummet another 30% against its BTC trading pair XRP has been struggling to garner any […] дальше »
2020-6-13 23:00 | |
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Bitcoin Just Broke Its Parabolic Uptrend; Here’s What Traders are Saying
Bitcoin’s recent volatility has done some damage to its underlying market structure, despite it being able to post an ardent defense of the lower boundary of its long-established trading range. Yesterday, the crypto plunged to lows of $9,000 before finding any strong support, but it has since been able to rebound from these lows. Despite […] дальше »
2020-6-12 19:00 | |
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Former Mt. Gox CEO Appeal Rejected By Japan’s High Court, Two Year Jail Term Stands
According to Associated Press report, a Japanese high court upheld a lower court’s ruling on the Mt. Gox saga, a crypto exchange that went bankrupt after 850,000 Bitcoins were hacked from the exchange. дальше »
2020-6-13 18:56 | |
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Bitcoin Crashes $1,000 as S&P 500 Dips 4.5%: What Analysts Think Comes Next
Bitcoin continued to slip lower after Bitcoinist’s previous market update. The cryptocurrency slipped from the $9,500 support where it was attempting to hold to a low of $9,070 on major exchanges. дальше »
2020-6-12 20:21 | |
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Bitcoin Abruptly Surges to $10,000: But Here’s Why a Brutal Rejection Awaits
Bitcoin price just broke out from the tight trading range its been trading it for days between $9600 and $9800, and moments later found itself tapping resistance at $10,000 once again. The spike was quickly rejected, but Bitcoin appears to be consolidating and ready for another attempt to breakthrough. Will the rejection force prices lower […] дальше »
2020-6-11 21:55 | |
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User Pays $2.6 Million to Transfer Just $130 Worth of ETH; By Far the Highest Fees Ever Paid
After climbing above $240, the second-largest cryptocurrency has slowed down and is keeping around this level. The percent of Ether supply in profit, which is the percentage of calculating ETH whose price at the last time it moved on-chain was lower than the current price, is currently hovering at 80%. It is the third attempt […] дальше »
2020-6-11 17:56 | |
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Bitcoin Fractal That Crashed Price in March 2020 Could Appear Again
Bitcoin is looking to repeat a bearish pattern in June 2020, which has led its spot price to be lower by 60 percent. The cryptocurrency’s daily chart could form a “Death Cross” if it continues to struggle below $10,000. дальше »
2020-6-11 14:02 | |
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Ethereum on Unstable Ground Following Immense Overnight Turbulence
Ethereum has been closely tracking Bitcoin’s price over the past several weeks This caused it to see some intense overnight instability, with its price rising to highs of $246 overnight after crashing to lows of $235 One bear-favoring technical pattern that has been forming over the past few days could lead it significantly lower Analysts do believe that ETH 2. дальше »
2020-6-10 23:00 | |
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Ethereum HODLers Transcend Bitcoin’s Amid Imminent Launch of ETH 2.0 Staking Implementation
Recent data shows that Ethereum has surpassed Bitcoin in unique addresses created. The largest altcoin now leads Bitcoin and although the volume traded is still significantly lower than bitcoin, it shows there is increased adoption. дальше »
2020-6-9 01:11 | |
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Bitcoin at Grave Risk of Cratering to $7,400 as it Taps Multi-Month Trendline
Bitcoin is flashing some signs of weakness as it navigates towards the lower boundary of a trading range that has been firmly established over the past couple of weeks The crypto’s current weakness comes after a failed attempt by buyers to propel it towards $10,000 This decline has also led BTC down to a multi-month ascending trendline that has been guiding its price higher If it breaks below this level, analysts warn that it could […] дальше »
2020-6-8 22:00 | |
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XRP Is Primed to Break Dozens of Percent Lower as Textbook Bearish Pattern Forms
It’s been a tough month for holders of the XRP cryptocurrency. In the past 30 days, Bitcoin has rallied 5%, Ethereum has surged 20%, and a majority of cryptocurrencies have registered gains somewhere in between the two. дальше »
2020-6-6 07:00 | |
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Waning Demand for Bitcoin Spells Trouble for Where it Goes Next
Bitcoin saw a slight decline overnight that caused it to invalidate some of the strength that was previously guiding it towards $10,000 It now appears that the crypto is positioned to see further downside as its technical outlook degrades Analysts are pointing to waning demand and growing supply as reasons why the benchmark crypto could soon decline lower It is important to note that this decline could lead BTC as low as the $7,000 region […] дальше »
2020-6-6 21:00 | |
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Japanese Finance Minister Doesn’t Want to Put Crypto’s in Same Tax Class as Stocks; Lowering the Rate to 20%
Japanese Finance Minister Taro Aso has hinted that he might not be willing to lower the tax bracket for cryptocurrencies from up to 55% and bringing it to a flat rate of 20%, similar to that of stocks. дальше »
2020-6-4 23:27 | |
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Crypto Market in Peril of Seeing Major Downside as Bitcoin Strength Wanes
The entire crypto market is currently consolidating as buyers and sellers reach an impasse following yesterday’s movement It now appears that the market could be positioned to see massive near-term downside due to some warning signs being flashed by Bitcoin If the benchmark cryptocurrency does lead the market lower, altcoins could severely underperform it Bitcoin and the entire crypto market have seen some calmness throughout the past day, struggling to garner any directionality in the […] дальше »
2020-6-4 23:00 | |
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Here’s Why Bitcoin’s Outlook Remains Bleak as Long as It Trades Below $10,500
Bitcoin saw a sharp and unexpected rally past $10,000 yesterday that caught sellers off guard This movement allowed the benchmark crypto to rally to highs of $10,400 before it lost its momentum and declined back to the lower five-figure price region The cryptocurrency now appears to be trading at a pivotal point, and analysts are noting that it could still see further downside in the days and weeks ahead There is one level that, if […] дальше »
2020-6-3 21:00 | |
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Japan’s finance minister hints he may oppose lower taxes for crypto
The minister argues that the proposed tax levels will not encourage investment into cryptocurrencies... The post Japan’s finance minister hints he may oppose lower taxes for crypto appeared first on Coin Journal. дальше »
2020-6-2 14:44 | |
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Bitmain Releases Lower Cost Bitcoin Miner to Fend Off Competition
Bitmain has launched the Antminer T19, a cheaper version of its more efficient S19 Bitcoin Miner. Bitmain Launches Competitive Bitcoin Miner Bitmain has launched a new Antminer Bitcoin mining rig... The post Bitmain Releases Lower Cost Bitcoin Miner to Fend Off Competition appeared first on Crypto Briefing. дальше »
2020-6-1 16:03 | |
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Bitcoin's up channel indicates retracement of price
On a higher time frame [daily] Bitcoin's price has formed a bearish pattern and indicated a price retracement to $8,000 and perhaps lower. It is the same on a lower, one-hour time frame. The formationThe post Bitcoin's up channel indicates retracement of price appeared first on AMBCrypto. дальше »
2020-5-31 18:00 | |
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This Technical Pattern Signals Bitcoin is About to Explode to $12,000
Bitcoin saw a sharp overnight rebound that allowed it to reclaim its position within the mid-$9,000 region This came about after a period of weakness as it traded within the lower $9,000 region It now appears that the crypto’s recent volatility has allowed it to form an incredibly bullish technical formation If it posts a breakout of this formation, the crypto could soon be trading at fresh yearly highs of around $12,000 Bitcoin and the […] дальше »
2020-5-31 19:00 | |
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Canaan's loss might be Bitmain, Whatsminer's gain
Since its IPO, Canaan has faced a host of problems. In fact, its Q4 filings with the SEC revealed that the company had reported a net loss of $5.6 million in Q1 2020, a figure that was 41% lower when The post Canaan's loss might be Bitmain, Whatsminer's gain appeared first on AMBCrypto. дальше »
2020-5-30 11:00 | |
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Bitcoin Could Hit $11,000 in June 2020; Here’s Why
Bitcoin is correcting lower after testing $10,000 as its local top. But a confluence of technical and fundamental catalysts could flip the cryptocurrency’s direction towards $11,000. They include a Symmetrical Triangle formation, the Sino-U. дальше »
2020-5-29 16:12 | |
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Bitcoin Breaks Key Hurdle: Here’s Why It Could Revisit $10,000
Bitcoin is up more than 4% and it broke the key $9,500 resistance zone against the US Dollar. BTC price is currently correcting lower, but dips remain supported near $9,350. Bitcoin gained traction above the $9,300 and $9,500 resistance levels. дальше »
2020-5-29 06:58 | |
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New Ethereum Bull Market Signs are Mounting
Bitcoin may have stumbled at resistance and could be heading for a prolonged period of consolidation at lower levels. Ethereum, however, could be on the cusp of another bull market as on-chain metrics and signs continue to improve. дальше »
2020-5-28 09:10 | |
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Buy Bitcoin if S&P 500 Corrects Lower, Fund Manager Suggests
Investors should consider buying Bitcoin if the S&P 500 breaks lower, according to Victor Dergunov, co-founder of Albright Investment Group. The cryptocurrency’s upside potential is substantial, even if it falls towards $6,500. дальше »
2020-5-28 08:05 | |
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Antigua's Crypto Regulation Bill Passes Lower Parliament
Antigua and Barbuda take steps towards becoming crypto-friendly destinations in the Caribbean region.
дальше »2020-5-28 00:15 | |
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Ethereum is Ready For Heavy Volatility, And Analysts Predict a Big Rally
It’s been a quiet past few days for Ethereum and the rest of the crypto market. After last week’s correction, prices have settled. ETH is trading about 10% lower than its May highs, which is about the same performance assets like Bitcoin. дальше »
2020-5-28 23:00 | |
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Bitcoin Hashrate Sinks Deeper Than During March Crash – Will BTC Price Follow?
Bitcoin’s hashrate has been on a steady decline ever since the halving a couple of weeks ago. The network’s computing power has now nosedived further below 100TH/s. The fall is even more astounding given that the hashrate is now at a level lower than the one witnessed following the mid-March crypto market fiasco. Data from […] дальше »
2020-5-27 00:06 | |
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Crypto Market Faces Massive Resistance as Traders Expect Altcoins to Dive
The crypto market is flashing some overt signs of weakness as Bitcoin leads most major altcoins lower Although some smaller tokens have been able to escape these losses, the aggregated market recently tapped a major resistance level, opening the gates for major downside This has led traders to widely note that Bitcoin and other major alts like Ethereum could be positioned to see immense losses in the near-term Bitcoin and the aggregated crypto market have […] дальше »
2020-5-27 23:00 | |
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TSLA Stock Rises 2% in Pre-Market as Tesla May Face Lower Luxury Auto Demand
Coinspeaker TSLA Stock Rises 2% in Pre-Market as Tesla May Face Lower Luxury Auto DemandTesla (TSLA) stock is up 1. 9% in the pre-market. Meanwhile, it is expected that Tesla may face serious issues related to lower demand as high-income people opt to work remotely today. дальше »
2020-5-27 16:38 | |
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Bitcoin whales restart accumulation spree in anticipation of short-term top
Three halvings and numerous rallies and pullbacks later, Bitcoin, at the time of writing, was still trading lower than its all-time high price which was closer to $20,000. Despite the cryptocurrency lThe post Bitcoin whales restart accumulation spree in anticipation of short-term top appeared first on AMBCrypto. дальше »
2020-5-26 11:46 | |
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U.S. State of Louisiana Wants to License Cryptocurrency Businesses
Officials in Louisiana’s lower chamber have approved a proposal to regulate cryptocurrency businesses in the Southern U. S. state, if a recent development is considered. Louisiana’s Crypto Push As reported by The Block on May 24, public records in the Louisiana state legislature show the proposal was passed and approved last week. дальше »
2020-5-26 21:07 | |
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Nearly 10% of Bitcoin’s Current Supply is Dormant; Why This Matters
Data shows that nearly 10% of Bitcoin’s total circulating supply is dormant, meaning that it has not been touched for over 10 years This data boosts the narrative regarding Bitcoin’s scarcity, as its actual supply may be far lower than previously thought The heightened scarcity this provides Bitcoin also bolsters the cryptocurrency’s macro outlook, as economic models that rely on the crypto’s scarcity suggest that it will soon see some significant upside Bitcoin’s fixed scarcity […] дальше »
2020-5-26 21:00 | |
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Bitcoin mining mentioned in new Kazakhstan's bill; cleared in the lower house
Bitcoin mining has been the center of recent discussions everywhere, due to the recent block reward halving and its widely discussed implications. Even though mining activities have been seeing a slowThe post Bitcoin mining mentioned in new Kazakhstan's bill; cleared in the lower house appeared first on AMBCrypto. дальше »
2020-5-25 19:00 | |
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Investors are Heavily Accumulating Ethereum Despite Gloomy Outlook
Ethereum has been seeing some incredibly lackluster price action throughout the past several weeks and months, setting a series of lower lows while losing ground against Bitcoin Despite showing signs of technical weakness, data shows retail investors have been busily accumulating the cryptocurrency This trend isn’t unique to just retail investors either, as data also reveals that institutional investors have also been stocking up on ETH Ethereum has seen some lackluster price action in recent […] дальше »
2020-5-25 22:00 | |
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Bitcoin’s Falling Hash Rate Could Have Dire Implications for BTC’s Price
Bitcoin’s recent mining rewards halving event didn’t have any sudden impacts on the cryptocurrency’s hash rate, but the impacts of it on miner dynamics are now growing increasingly clear. The benchmark cryptocurrency’s hash rate has been sliding lower throughout the past couple of weeks, signaling that miners are beginning to capitulate. History suggests that hash... дальше »
2020-5-24 01:00 | |
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It’s Decision Time for Bitcoin: These are the Price Levels Analysts are Targeting
Bitcoin has been firmly caught within a bout of consolidation over the past few days, largely hovering within the lower $9,000 region It appears that it is decision time for the cryptocurrency, as how its ongoing period of sideways trading resolves could set the tone for where it trends in the weeks ahead This next movement could be quite drastic, as some analysts are noting that it could result in a $1,000+ candle Bitcoin has […] дальше »
2020-5-24 19:00 | |
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Bitcoin Traders Now Eye $6-7Ks After 4 Failed Attempts to Break $10K
The price of Bitcoin is set to test lower levels as support after numerous attempts to break $10,000 have failed.
дальше »2020-5-22 10:22 | |
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3 Key Reasons Why Bitcoin Has Further to Fall After Plunging Under $9,000
Bitcoin hasn’t fared well over the past few hours. After holding the $9,800 support region for days on end, the cryptocurrency has plunged lower over the past 30 hours, reaching a low of $8,800 just minutes ago, according to TradingView. дальше »
2020-5-22 23:00 | |
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Bitcoin Price Drop to $8.9K Raises Fear of a New Bear Trend Beginning
Bitcoin is at risk of testing lower supports in the $6.8K to $8.5K range following today’s drop below $9K
дальше »2020-5-22 21:35 | |
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$40 Million in BitMEX Longs Wiped Out as Bitcoin Plunges on “Satoshi Dumping” Fears
It’s been a brutal past 120 minutes for the Bitcoin market. After holding the $9,800 support for 48 hours, the cryptocurrency began to dive lower approximately two hours ago. From its $9,800 perch, the flagship crypto-asset fell as low as $9,100 on leading Bitcoin exchange Bitstamp — a drop of over 7%. The price has... дальше »
2020-5-21 19:22 | |
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Investors Need to “Be Careful” About Bitcoin’s Uptrend Because of These Factors
Bitcoin attempted to push above $10,000 yesterday evening but was once again met with a significant amount of selling pressure that subsequently led it lower The benchmark cryptocurrency is now once again caught within a bout of sideways trading within the mid-$9,000 region Analysts are warning investors against getting too excited about this latest uptrend, as there are a few factors that suggest it could soon see further downside in the days and weeks ahead […] дальше »
2020-5-19 23:00 | |
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Altcoins Headed For A Nauseating Capitulation As Bitcoin Strengthens: Analyst
The crypto market has rebounded sharply from the mid-March lows, but the altcoin market activity in recent days suggests that altcoins could be in for a brutal correction soon. Despite desperate hopes for an altseason, one analyst thinks altcoins are likely headed lower than anyone could have imagined, as bitcoin’s dominance grows from strength to […] дальше »
2020-5-16 23:12 | |
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