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Here’s Why Bitcoin Could See One More Correction Before Its Uptrend

From last week’s highs, Bitcoin sustained a heavy correction into Saturday. The cryptocurrency fell from $16,000 to a low of $14,300, marking the first large correction of the recent uptrend. The cryptocurrency has since bounced back as the markets have turned risk-on once again on news of a seeming Biden presidency. While the Nasdaq futures […] дальше »

2020-11-9 13:00


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Analysts Eye Multi-Month Bitcoin Accumulation Phase as Bears Weaken

Bitcoin is flashing immense signs of strength today, with its rebound from yesterday’s decline to $14,400 being an impressive display of bulls’ current control of the asset This rebound has significantly bolstered its technical outlook and only further confirms what many have already suspected – dips are for buying in this market environment One analyst is now noting that Bitcoin could soon start an accumulation phase before it can make a bid at setting fresh […] дальше »

2020-11-9 01:00


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Aave Surges 25% as DeFi-Wide Short Squeeze Seems to Have Begun

It appears that decentralized finance (DeFi) bulls have finally returned. Aave (AAVE), one of the leading crypto-assets in the DeFi space, has surged 25% in the past 24 hours alone. This $AAVE reversal is legendary 🙌 — Spencer Noon (@spencernoon) November 8, 2020 This performance makes the coin the best-performing cryptocurrency in the top 100 […] дальше »

2020-11-9 23:30


Nouriel Roubini: Bitcoin’s ‘Not’ a Currency But a Partial ‘Store of Value’

Another one down! As Bitcoin enjoys a rally, more and more Bitcoin skeptics are changing their tune. This time it's Dr. Doom’, Nouriel Roubini. In an interview with Yahoo Finance, the professor of economics at New York University's Stern School of Business and CEO of Roubini Macro Associates who has called BItcoin previously a “mother […] The post Nouriel Roubini: Bitcoin's 'Not' a Currency But a Partial 'Store of Value' first appeared on BitcoinExchangeGuide. дальше »

2020-11-8 16:09


Why This Data Metric Indicates Bitcoin Traders Should “Proceed with Caution”

Bitcoin is now consolidating within the lower-$15,000 region following an intense selloff overnight During this time, bears attempted to invalidate the cryptocurrency’s market structure and push it below the lower-$15,000 region, but bulls have held strong Because this decline has been slow and mostly absorbed by buyers, there’s a strong possibility that it will be followed by further upside One indicator is flashing some warning signs to investors, with the average returns seen by traders […] дальше »

2020-11-8 01:00


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Ethereum Struggles to Hold $450, But Analysts Still Expect $500+

It has been a turbulent morning for the crypto market, with Bitcoin trending down towards $15,000 while creating headwinds for altcoins That being said, Ethereum has largely been able to dodge these headwinds, posting a strong recovery from its brief early-morning dip towards lows of $440 It is once again moving to reclaim its $450 resistance, and flipping this level into support is vital for the cryptocurrency to see any significant upwards momentum One trader […] дальше »

2020-11-8 22:00


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Analyst: Bitcoin Likely to Plunge Towards $12,000 as Top Signs Emerge

Bitcoin has seen a slight retrace this morning, with bulls being unable to break above the immense selling pressure that exists around $16,000 Today’s move lower has been somewhat slow and has yet to force the crypto below any crucial level One trader is now offering a somewhat grim outlook on the cryptocurrency, noting that he is expecting it to see one more impulse higher before topping and posting massive losses He is particularly looking […] дальше »

2020-11-7 19:08


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Altcoin Explorer: How Polkadot (DOT) Is Leading the Blockchain Interoperability Race

Amid the rapidly maturing decentralized finance (DeFi) space within the larger cryptocurrency industry, one major smart-contract platform has caught the attention of everyone – Polkadot (DOT). In this Altcoin Explorer, we explore in detail the Polkadot ecosystem and attempt to determine if this promising blockchain project has what it takes to propel blockchain technology intoRead MoreRead More. дальше »

2020-11-7 18:45


Here’s the Current Political Event That’s Driving Bitcoin Higher: Economist

Bitcoin has rapidly become a macro asset throughout the past few weeks and months, with the crypto trading largely based on global economic trends and events This has greatly benefited the cryptocurrency as of late, with a combination of stock market strength, weakness in the Dollar, and some economic uncertainty in the future all bolstering it One economist is now noting that there is one crucial economic event that will likely guide Bitcoin’s price action […] дальше »

2020-11-7 02:00


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Trader: Bitcoin Bull Run Could “Force XRP Army To Surrender,” Admit Defeat

This week, Bitcoin shocked the world with a push beyond $15,000 and nearly hitting $16,000. At the time, altcoins bled out, but few more so than XRP. One crypto trader has shared a nasty looking long-term chart for Ripple, and believes that Bitcoin’s rally could finally force the “XRP army” to surrender and “admit defeat.” […] дальше »

2020-11-7 23:00


US Defense Information Systems Agency (DISA) Issues a Request for Information on Blockchain-as-a-Service (BaaS)

Blockchain-as-a-service (BaaS) is one of the popular niches that stakeholders from other industries invest in to derive the value proposition of this new technology. The U.S Defense Department has now signaled that they are likely to join the bandwagon as per a request for information (RFI) published by its IT agency, Defense Information Systems Agency […] The post US Defense Information Systems Agency (DISA) Issues a Request for Information on Blockchain-as-a-Service (BaaS) first appeared on BitcoinExchangeGuide. дальше »

2020-11-7 22:21


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Bitcoin Miners Halt Bull Rally as They Begin Offloading Their BTC Holdings

Bitcoin’s intense rally seen throughout the past few days has slowed down slightly, with buyers finding some resistance around $16,000 The rejection here yesterday wasn’t too intense, but it has kicked off a consolidation phase in the upper-$15,000 region One trend to keep an eye on in the near-term is outflows from miners onto exchanges This trend suggests that miners who have watched their assets appreciate rapidly in value may begin taking some profits off […] дальше »

2020-11-7 21:00


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ByBit Cryptocurrency Exchange Becomes the Champion Partner for Borussia Dortmund

ByBit cryptocurrency exchange has strategically partnered with one of the greatest and most revered German football club, Borussia Dortmund, as its international champion partner. Although football matches are not being attended physically by the fans due to the ongoing coronavirus pandemic, ByBit will largely benefit from the exposure to all the fans while Borussia Dortmund […] дальше »

2020-11-7 00:04