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Bitcoin Cash Facing Massive Selling Pressure Following Whales Exodus

For the most part, BCH has been following the steps of Bitcoin and other major coins and it’s currently trading at $295. The digital asset is still ranked 5th by market capitalization at $5.4 billion but has been losing a lot of market dominance while Bitcoin SV gets closer to the same percentage. Unlike Bitcoin […] дальше »

2020-8-10 21:14


XRP is About to See Massive Volatility; Will It Favor Bears?

XRP has been consolidating alongside Bitcoin and Ethereum throughout the past week This has caused it to hover around $0.30 throughout the past several days Although this level was previously strong support, the buying pressure here is showing some signs of degrading as XRP dips below it It may now be prone to seeing further downside as a result of this One analyst is pointing to the formation of a massive pennant as a sign […] дальше »

2020-8-9 22:00


Bitcoin May Consolidate for 2 Weeks Before Seeing “Lift Off”

Bitcoin has been caught within a consolidation phase within the upper-$11,000 region for the past several days and weeks The cryptocurrency has been struggling to break above the heavy resistance that sits between $11,800 and $12,000 for the past several days This comes as investors once again focus their attention on altcoins – many of which have posted massive returns today It now appears that this consolidation phase may persist for a couple more weeks […] дальше »

2020-8-9 19:00


Here’s Why Traders are Growing Cautious About Ethereum’s Uptrend

Ethereum has witnessed some incredibly mixed price action throughout the past few weeks After rallying up to highs of $415, it has been struggling to recapture this momentum as it largely trades below $400 Yesterday, ETH bulls pushed it to this key level before facing a massive influx of selling pressure that forced it lower It is now trading around its daily lows as bulls struggle to gain further momentum This has led one analyst […] дальше »

2020-8-5 23:00


$500M Liquidated: Bitcoin Slides to Crucial Level Following Overnight Volatility

Bitcoin bore witness to some intense overnight volatility that came about after it hit highs of $12,000 From this point, the cryptocurrency decline to lows of $11,000 before finding some strong support Despite buyers protecting this level, its inability to post any type of strong bounce here does seem to be a negative sign for the cryptocurrency The sharp cliff formed as a result of the overnight selloff also led to massive liquidations amongst buyers […] дальше »

2020-8-3 19:00


AMZN Stock Jumps 5%, Amazon Reports Record Earnings for Q2 2020 Boosted by Pandemic

Coinspeaker AMZN Stock Jumps 5%, Amazon Reports Record Earnings for Q2 2020 Boosted by PandemicAmazon reported a whopping 100% in its net income YoY and a 40% jump in its revenue. The company's grocery sales tripled during Q2 2020 due to massive online shopping demands fuelled by the COVID-19-related government lockdowns. дальше »

2020-7-31 10:32


A Major Source of Bitcoin Selling Pressure Just Disappeared, Boosting the Bull Case

The PlusToken Ponzi Scheme has long been a thorn in the side of the crypto market It now appears that the ring leaders behind the now-defunct scheme have all been arrested, meaning that they won’t be able to offload their massive crypto holdings Many analysts have pinned major selloffs in previous months on token sales coming from this source Now that this isn’t a factor, the crypto markets may be able to rally with greater […] дальше »

2020-7-31 02:00


Bitcoin Transaction Fees Surge as Demand for the Network Rockets Higher

Demand for the Bitcoin network is beginning to take off, with the crypto’s ongoing price rise being the likely suspect behind this sudden uptick. This has resulted in the cryptocurrency seeing a massive spike in its transaction fees, which have nearly reached the yearly highs that were set just after the mining rewards halving event […] дальше »

2020-7-30 05:00


Trader: Bitcoin Could Be Forming a Massive “Bull Trap” as Bearish Signs Emerge

Bitcoin is currently flashing overt signs of strength as it consolidates above $11,000 Bears attempted to catalyze a selloff yesterday, but the previous resistance at $10,500 now has flipped into a strong support level Analysts are widely noting that the cryptocurrency is positioned to see further upside However, one trader is cautioning against premature euphoria He notes that there are a few signals that indicate this movement could be a massive “bull trap” that ends […] дальше »

2020-7-30 02:00