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Cryptocurrency News Roundup for August 21, 2020
The ambiguity surrounding the legal and regulatory status of Bitcoin, and by extension, the decentralized digital economy, in Europe could soon become a thing of the past. According to new reports, the European Union (EU) is currently in the final stages of preparing a “historic” proposal for cryptocurrency regulation. дальше »
2020-8-21 20:23 | |
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Chainlink Breaks Below Crucial Technical Pattern as Analysts Eye Downside
Chainlink has expressed some signs of overt weakness throughout the past few hours, with its price reeling down towards its bedrock support at $14.00. This sharp downturn has come about as the entire crypto market shows some signs of weakness, which may be, in part, rooted in Ethereum’s plunge towards $400. ETH’s price action has […] дальше »
2020-8-21 19:00 | |
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Basic Attention Token (BAT) breaches $0.40 after 20% surge
Basic Attention Token (BAT) is another of many altcoins that have managed to reach a new YTD recently, thanks to a series of bull runs that took place over the summer. BAT has now gone past $0. 40, after growing by nearly 20% in the last 24 hours. дальше »
2020-8-21 16:26 | |
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Litecoin Price Analysis - Golden cross forms as on-chain activity blooms
Technicals indicators for the LTC/USD pair show bullish trend metrics with the spot price above both the daily 200-day EMA and the daily Cloud. Fundamental indicators have begun to increase over the past few months after remaining stagnant for the prior two years. дальше »
2020-8-21 15:01 | |
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OMG Network (OMG) price surges by over 77%
OMG Network (OMG) has been the best performer of the past 24 hours, based on its price growth. The coin has seen a massive surge that allowed it to climb up to the 24th spot on the list of largest cryptos. дальше »
2020-8-21 13:10 | |
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China Drives East Asia into Global Crypto Market Pole Position
More than $50 billion in cryptocurrency assets have moved from China-based addresses in the past year alone. The huge numbers coming from the region are directly related to East Asia’s cryptocurrency mining dominance. дальше »
2020-8-21 12:44 | |
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Ethereum Bulls Defend Critical Support; Will Its Strength Last?
Ethereum has been facing intense selling pressure throughout the past few days which has caused its price to shed a good portion of its recent gains This selling pressure first came about after it incurred explosive momentum that sent its price surging up to highs of nearly $450 last week The crypto ultimately fell to the sub-$400 region yesterday, but this dip was quickly absorbed by aggressive buying pressure that helped it climb higher Analysts […] дальше »
2020-8-21 23:00 | |
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Here's why Bitcoin might benefit from the COVID-19 pandemic
After having remained below the $10k-mark for a long time, Bitcoin's price was able to overcome the resistance, before briefly surging past $12k recently. While Bitcoin did note a minor correction on The post Here's why Bitcoin might benefit from the COVID-19 pandemic appeared first on AMBCrypto. дальше »
2020-8-21 21:30 | |
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Bitcoin Forms Higher Lows as Bulls Defend Against Heavy Selling Pressure
It has been a rocky past few days for Bitcoin and the entire cryptocurrency market After first stabilizing above $12,000 for a multi-day period earlier this week, the crypto recently faced an influx of selling pressure that pushed it back below this level It has now entered what appears to be yet another prolonged consolidation phase in the upper-$11,000 region On a positive note, bulls have been able to establish higher lows, while also guarding […] дальше »
2020-8-21 21:00 | |
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Ethereum-Based DeFi Token YFI Surpasses The Price Of Bitcoin To Become The World’s Most Expensive Crypto-Asset
yEarn Finance token YFI has supplanted the price of the king of cryptocurrencies to become the world’s most valuable asset. YFI has gained as much as 46. 27 percent in the past 24 hours to be worth more than $15,000, according to CoinMarketCap data. дальше »
2020-8-20 20:36 | |
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The King of DeFi, YFI, Rushes Past Bitcoin to Hit $14,860; Will it Cross $15k?
Earlier this week, people were waiting on 1 YFI to be equal to 1 BTC. And the weekend isn’t even here, and already YFI’s value has surpassed that of Bitcoin. As we said, it is only a matter of time before YFI hit bitcoin’s all-time high $20,000 before BTC does. This week, while the largest […] дальше »
2020-8-20 17:05 | |
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Chainalysis: $50 billion was moved from China using cryptocurrencies
Over the past year, more than $50 billion in cryptocurrencies was moved from digital wallets in China to other jurisdictions, according to the latest Chainalysis report. Chinese people use cryptocurrencies to bypass financial cross-border controls. дальше »
2020-8-23 14:29 | |
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Why It’s “Hard” for This Analyst to Be Bullish on Ethereum as Price Flirts With $400
Ethereum has corrected with Bitcoin over the past day. Both cryptocurrencies have dropped just under 10% from the local highs. As of this article’s writing, ETH trades for $408, a price 4. 5% lower than it was 24 hours ago. дальше »
2020-8-20 13:00 | |
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DeFi Giant Compound (COMP) Dives 9%: What’s Next for the Ethereum Token?
Following Bitcoin, Ethereum, and other top cryptos lower, Compound (COMP) has shed 9% in the past 24 hours., the asset now trades at $180, lows not seen in over a week. COMP’s -9% performance in the past 24 hours makes it one of the worst-performing digital assets of that time frame. For context, Bitcoin and […] дальше »
2020-8-20 13:00 | |
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Here’s What Top Analysts Think About Bitcoin After It Corrected 7%
Bitcoin has not performed well in the past 24 hours. After peaking at $12,400 on Monday, the leading cryptocurrency’s price action has rapidly reversed. As of the time of this article’s writing, BTC trades for $11,800 — around $600 before the local highs. дальше »
2020-8-20 02:59 | |
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Tezos (XTZ) May Plunge Towards $3.00 as Selling Pressure Ramps Up
Tezos’ price action over the past week has primarily favored sellers, with buyers being unable to catalyze any strong uptrend while also being unable to guard against today’s market-wide selloff. The decline seen by the cryptocurrency earlier today led it to plunge to lows of $3. дальше »
2020-8-20 00:00 | |
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Despite Ethereum's recent growth, its mid-term rally could be at risk
Ethereum has been on a wild ride over the past couple of weeks and has been outperforming the largest cryptocurrency, Bitcoin. After an extended period of consolidation, ETH has witnessed a stellar raThe post Despite Ethereum's recent growth, its mid-term rally could be at risk appeared first on AMBCrypto. дальше »
2020-8-20 00:00 | |
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Last Time This Metric Was This High, Ethereum Reached Its February High
Bitcoin and Ethereum have both embarked on strong rallies in the past four months. In the past month alone, ETH has gained approximately 80% while BTC has gained approximately 30%. Both assets are some of the best-performing markets in 2020, which comes in spite of the pandemic. дальше »
2020-8-19 15:00 | |
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Chainlink, Zcash, BAT Price Analysis: 19 August
After Bitcoin touched $12,500, Crypto Fear & Greed Index stood at 82 for the day and 80 for the week. It can be argued that some signs of a coming drop were in the making over the past couple of dThe post Chainlink, Zcash, BAT Price Analysis: 19 August appeared first on AMBCrypto. дальше »
2020-8-19 14:00 | |
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Yearn.finance community looks to split YFI token as price rockets past $10,000
Over the past few weeks, Yearn.finance community members have been driven by a goal of YFI’s price reaching parity with that of Bitcoin. The post Yearn.finance community looks to split YFI token as price rockets past $10,000 appeared first on CryptoSlate. дальше »
2020-8-19 10:00 | |
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Here’s Why Bitcoin’s Hash Rate Has Dropped Around 10% In the Past Day
Although Bitcoin is a decentralized technology, the mining of the cryptocurrency is somewhat centralized in China. Per some reports, around two-thirds of all mining machines are based in the country, concentrated in the river regions where electricity is cheap. дальше »
2020-8-19 06:00 | |
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After 80% Surge in a Month, Ethereum’s Rally Is at Risk: Here’s Why
Ethereum has embarked on a stellar rally over the past few months. Since the March lows, the asset has gained around 400%, rallying from ~$90 to $425, where it trades as of this article’s writing. дальше »
2020-8-19 02:59 | |
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Chainlink’s “LINK Marines” Hold Steady Despite Intense Selloff
Chainlink has been witnessing some intensely bullish price action over the past few weeks and even months, but the cryptocurrency faced a brutal selloff yesterday that caused its price to slide as low as $15. дальше »
2020-8-19 00:00 | |
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How Rising Bitcoin Fees May Have Prevented Post-Halving Death Spiral
Bitcoin price has grown over 40% since the asset’s halving this past May. The market braced for the miner “death spiral” caused by the sudden doubling of the cost of producing each BTC, but it never arrived. дальше »
2020-8-19 23:00 | |
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Solana (SOL) Added to Coinbase Custody; Cue in the Institutions
Solana has announced a partnership with Coinbase Custody, a registered fiduciary under the New York State Banking Law. Over the past few weeks, the Solana Foundation has been working with the Coinbase team to integrate the Solana blockchain. дальше »
2020-8-18 20:08 | |
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Bitcoin Plunges Under $12,000 After Breakout: Here’s What Could Come Next
On Monday, Bitcoin underwent a notable breakout. The asset surged from the $11,800 baseline it was trading at to a daily high just shy of $12,500 in the span of hours. The move brought BTC above the pivotal $12,000 region, which acted as resistance at the highs of three separate rallies over the past two […] дальше »
2020-8-19 17:28 | |
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Bitcoin price is set to explode if it hits $13k
Bitcoin price spent the past few weeks struggling to reach and breach the resistance at $12,000. Traders around the world kept an eye on the coin and its performance ever since it moved from $9. дальше »
2020-8-19 17:16 | |
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Ethereum, Dash, Algorand Price Analysis: 18 August
Market Volatility is at a new high for all digital assets. For the altcoins, the market has been rather turbulent as a correlation with Bitcoin maintains minimal levels. Over the past 24-hours, while The post Ethereum, Dash, Algorand Price Analysis: 18 August appeared first on AMBCrypto. дальше »
2020-8-18 17:00 | |
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Bitcoin Is Up 45% Since the Halving: Is There More Upside on Its Way?
Bitcoin has performed extremely well over recent months, despite the dismal macroeconomic outlook. As of this article’s writing, BTC trades for $12,400, up around 4% in the past 24 hours. This is the highest the cryptocurrency has traded at this year. дальше »
2020-8-19 15:00 | |
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NEM makes a new yearly high after 10% price surge
NEM (XEM) price has seen quite a strong performance over the past two months, but even that pales in comparison with its performance over the last five days. The price skyrocketed from a support that it struggled to reach and breach for months, only to exceed its previous YTD high, almost effortlessly. дальше »
2020-8-19 14:01 | |
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Wall Street veteran still thinks Ethereum will continue to outperform Bitcoin
As Bitcoin has broken higher over the past two days, the leading cryptocurrency has finally begun to gain ground against Ethereum. The post Wall Street veteran still thinks Ethereum will continue to outperform Bitcoin appeared first on CryptoSlate. дальше »
2020-8-18 14:00 | |
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Despite Surge Past $12k, a Fund Manager Thinks Bitcoin Is “Still a Dying Asset”
Many Bitcoin skeptics have been turned into bulls as the asset continues to press higher despite a harrowing macroeconomic backdrop and other risks. There remain many critics of the leading cryptocurrency, though. дальше »
2020-8-18 06:00 | |
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Altcoins Set to Underperform? Bitcoin Dominance Prints Reversal Signal
While Bitcoin has performed well in recent weeks, some altcoins have done even better. Take the example of Chainlink (LINK), which has almost doubled in the past month. With many altcoins outpacing BTC, the Bitcoin dominance metric has plunged. дальше »
2020-8-18 04:00 | |
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Blast From the Past: Bitcoin Following Black Thursday “Supercycle”
Bitcoin price has just today set a new high for 2020 and is showing no signs of slowing down. However, as greed reaches extreme levels and ROI is stacking across the board, could the cryptocurrency see a surprise correction? According to a chart that first debuted around Black Thursday, this latest high will result in […] дальше »
2020-8-18 04:00 | |
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Here are the Levels Analysts are Watching That Will Determine Bitcoin’s Future
Bitcoin has been trading within a large range throughout the past several weeks This has done little to offer investors with insights into the cryptocurrency’s mid-term trend That being said, bulls are now striving to break above the upper boundary of this range, with a confirmed and sustained break being an incredibly bullish sign for BTC Top traders are still expressing caution when it comes to the cryptocurrency’s short-term outlook One trader is noting that […] дальше »
2020-8-18 02:00 | |
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XRP Has “Officially Started” Its Next Bull Run After Breaking This Key Level
XRP is currently pushing higher alongside Bitcoin and the rest of the cryptocurrency market. The digital asset has been struggling to break above the resistance that exists between $0. 30 and $0. 33, but it now appears that bulls are vying to push it past this key region. дальше »
2020-8-18 00:00 | |
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Will Ethereum’s Strong Weekly Close Be Enough to Propel It Higher?
Ethereum has been hovering between $420 and $430 for the past few days, with the resistance found around $450 sparking a prolonged consolidation phase The cryptocurrency has been unable to extend its recent upwards momentum after facing a rejection at this level This has pointed to some underlying short-term weakness, although its long-term outlook remains incredibly bright Analysts are now noting that the token may be well-positioned to see significantly further upside after it sees […] дальше »
2020-8-18 23:00 | |
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These 4 factors show just how real Bitcoin’s current bull run truly is
Bitcoin appears to be in the early stages of its next bull run, with the cryptocurrency’s price rallying past $12,000 today and setting fresh yearly highs at $12,400. The post These 4 factors show just how real Bitcoin’s current bull run truly is appeared first on CryptoSlate. дальше »
2020-8-18 22:23 | |
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