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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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NXS Could Be The Next Coin To Double In Value
The NXS price has reclaimed an important support level and broken out from a descending resistance line. Once it moves above its 200-day moving average (MA), it will likely accelerate upwards. The previously mentioned support level is found at 1900 satoshis. дальше »
2020-6-5 16:54 | |
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Bloomberg Analyst: Why the Bitcoin Price Will Double to $20,000 in 2020
Bitcoin took a heavy beating yesterday after attempting to break past $10,000 for the first time in weeks. As reported by Bitcoinist previously, the asset plunged by $1,500 in three minutes, falling as low as $8,600 on BitMEX due to a barrage of sell orders. дальше »
2020-6-4 04:00 | |
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Trader: Bitcoin Looks Almost Exactly as It Did Prior to an 80% Rally in 2019
It’s been a tough past day for Bitcoin. Just a little more than 12 hours after the cryptocurrency crossed $10,000 for the first time in weeks, BTC’s price tanked. As reported by Bitcoinist previously, saw a mass liquidation event on derivatives platforms that took Bitcoin as low as $8,600 on BitMEX. дальше »
2020-6-3 13:00 | |
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Cardano's rising social volume not enough for its price
Cardano seems to have recovered its previously wiped out gains, with the coin up by over 144 percent since the beginning of the year. One of the major precipitating factors behind Cardano's upward priThe post Cardano's rising social volume not enough for its price appeared first on AMBCrypto. дальше »
2020-6-3 19:30 | |
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Tether Treasury Mints Another 200M USDT on TRON
As BeInCrypto has previously shown, the Tether Treasury continues to act just like the Fed. A report by Whale Alert (@whale_alert) earlier today revealed that Tether minted a hefty 200M in USDT and issued it on the TRON blockchain. дальше »
2020-6-3 18:14 | |
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Ripple Securities Lawsuits Consolidated in California by Federal Court, XRP Price Down 1.6%
Coinspeaker Ripple Securities Lawsuits Consolidated in California by Federal Court, XRP Price Down 1. 6%It has become known that two securities lawsuits previously filed against Ripple Labs have been consolidated by the court in California. дальше »
2020-6-1 14:47 | |
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Litecoin eyes $53 target point
Litecoin's overall technicals have remained bearish despite multiple upward swings and have reverted to its previously breached points. It was trading close to the $50 psychological level following thThe post Litecoin eyes $53 target point appeared first on AMBCrypto. дальше »
2020-6-1 21:00 | |
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Institutional FOMO Begins: One Firms Buys 150% of New Bitcoin Supply
Bitcoin has an incredibly scarce supply of just 21 million BTC. This supply was just slashed in half with the asset’s halving. An institutional focused investment firm that was previously absorbing as much as two-thirds of the newly mined BTC supply, is now buying up as much as 150% of it. Is this a sign... дальше »
2020-5-29 20:30 | |
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Cryptocurrency News Roundup for May 27, 2020
Speculations were rife in the cryptocurrency space for about a week about the much-hyped client conference call by Goldman Sachs. As BeInCrypto previously, reported, the financial giant was supposedly planning to focus on ongoing financial trends and their impact on inflation, gold, and Bitcoin. дальше »
2020-5-28 11:20 | |
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Facebook Rebrands Libra Digital Wallet as ‘Novi’
Social networking giant Facebook has just announced a rebrand of the digital wallet service it intends to use with its forthcoming Libra digital currency. The wallet, previously called ‘Calibra,’ is now known as ‘Novi. дальше »
2020-5-27 11:15 | |
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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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Ethereum Increases as the Bitcoin Dominance Rate Falls
The Bitcoin dominance rate (BTCD) has been decreasing rapidly since May 14. This downward move has caused it to fall below an important resistance line, above which it was previously believed that it had broken out from. дальше »
2020-5-26 18:20 | |
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Bitcoin Analysts Eye Move to $7,000 Region as Support Begins Dissolving
Bitcoin has faced some mounting downwards pressure today that has led it to its key support within the lower-$9,000 region This downtrend comes after a series of strong rejections at $10,000, and was triggered by news of a 2009 BTC wallet moving crypto around This decline has led the crypto to invalidate a previously bullish technical formation, and analysts are now expecting it to see further downside in the days ahead Bitcoin is rapidly approaching […] дальше »
2020-5-22 02:00 | |
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Bitcoin movement triggers negative sentiment across Options market
On 20 May, the movement of Bitcoins from a previously dormant address contributed to the larger market panicking. Almost 40 BTC were transferred from a "possible Satoshi-owned wallet" to another addreThe post Bitcoin movement triggers negative sentiment across Options market appeared first on AMBCrypto. дальше »
2020-5-22 21:30 | |
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The Inquisitive VC - David Pakman
David Pakman is a Partner at Venrock, one of the oldest venture capital firms in the world. Previously, David was the CEO of eMusic, the world’s leading digital retailer of independent music, second only to iTunes in the number of downloads sold. дальше »
2020-5-22 18:00 | |
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The Bitcoin Dominance Rate Lessens, Alt-Season Hopes Fade
While the Bitcoin dominance rate (BTCD) has moved above an important resistance level, the altcoin dominance (ALTD) was rejected by its previous support area and has been decreasing since. While several altcoins have previously initiated strong upward moves, the majority of them have been correcting, decreasing towards and even below their pre-breakout levels. дальше »
2020-5-19 19:15 | |
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Analyzing Bitcoin’s Correlation to the Oil Price
The Bitcoin price reached a bottom on March 13, while oil did so on April 22. Since then, both assets have been moving upwards at a similar pace. While we have previously looked at the correlation between Bitcoin and the S&P 500, we have not done the same for oil. дальше »
2020-5-15 20:20 | |
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Wall Street-Linked Firm Unveils Bitcoin Fund Worth $140 Million
According to a Form-D filing with the US Securities and Exchange Commission, the New York Digital Investment Group has sold almost $140 million in its NYDIG Bitcoin Yield Enhancement Fund LP. The pooled investment Bitcoin fund was previously unknown to the public but was awarded a BitLicense in 2018. дальше »
2020-5-15 15:20 | |
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Bitcoin Just Broke Its Short-Term Downtrend; Here’s How High It Could Rally
Bitcoin was finally able to recapture its position above $9,000 after an extended period of trading beneath this level The cryptocurrency now appears to be gearing up for a big push higher as it maintains a firmly bullish market structure This bullishness could be further bolstered by its recent ability to break above a descending trendline that had previously been guiding it lower After making multiple attempts to break back above $9,000, Bitcoin buyers were […] дальше »
2020-5-14 02:00 | |
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Bitcoin Continues Flooding Out of Exchanges as Number of Long-Term Investors Grows
The bull-case for Bitcoin continues growing stronger by the day. The benchmark cryptocurrency has been able to move above the $9,000 resistance level that was previously hampering its price action. дальше »
2020-5-14 01:00 | |
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NYDIG Sold $140M in A Previously Unknown Bitcoin Fund Last Week, Just Days Ahead of The BTC Halving
New York Digital Investment Group (NYDIG) revealed this week that it sold just shy of $140 million in a bitcoin fund, that was previously unknown. It became public after the fund was revealed in a Form D filing for an exemption to the US SEC on Tuesday, reported Forbes. дальше »
2020-5-13 19:10 | |
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What Does XRP’s Breakdown Indicate for the Future Movement?
In the beginning of May, both the XRP/USD and XRP/BTC pairs broke down from important support levels, possibly indicating that the previous upward trend has ended. While the XRP/BTC price had been previously showing signs of weakness, the XRP/USD decrease was more unexpected, possibly occurring as a result of the decrease in the price of […] The post What Does XRP’s Breakdown Indicate for the Future Movement? appeared first on BeInCrypto. дальше »
2020-5-13 07:20 | |
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Here’s why JPMorgan banking for crypto exchanges is a big deal for Bitcoin
News broke today that banking giant JPMorgan would be extending banking services to two of the world’s most prominent crypto exchanges. This is significant news considering that the bank’s CEO previously called Bitcoin a “fraud. дальше »
2020-5-13 20:00 | |
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Analysis of Bitcoin addresses shows that BTC is about to tap a massive resistance region
Bitcoin saw a notable overnight upswing that allowed it to rally past the heavy resistance that had previously been established around $9,200. The break above this level has led investors to become increasingly bullish as it grows ever more likely that BTC is about to start forming another leg up. дальше »
2020-5-7 19:00 | |
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Bitcoin’s Next Move Up Could Create a “Very Painful” Situation for Altcoins: Here’s Why
Bitcoin saw a notable upswing today that allowed it to firmly surmount the heavy resistance it was previously facing at $9,200. Today’s price action has marked the first sustained period of trading within the $9,000 region that the cryptocurrency has seen since late-February. дальше »
2020-5-7 03:00 | |
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Ethereum Could Narrowly Avoid a Major Downtrend if it Closes Above One Key Level
Ethereum has been able to capture some notable upwards momentum today, surging towards its key near-term resistance at $210 as the aggregated crypto market pushes higher. This has allowed the crypto to narrowly avoid seeing massive losses stemming from a previously bearish market structure that it had formed. ETH isn’t completely out of the woods... дальше »
2020-5-7 02:00 | |
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Bitcoin on the Cusp of Going Parabolic as an Elusive Indicator Flashes
Bitcoin has seen some notable upwards momentum today that has allowed the benchmark cryptocurrency to surmount the heavy resistance that it was previously facing at $9,200. Today’s upwards breakout marks a bullish resolution to the extended bout of sideways trading that the crypto was previously facing while it hovered around $8,800 for the past several... дальше »
2020-5-7 20:30 | |
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Here’s why Ethereum 2.0’s July launch may be a “sell the news” opportunity
The highly anticipated launch of Ethereum 2. 0 may be coming sooner than previously expected, as one platform is noting that it could come about as early as July of this year. This transition will help Ethereum move to a Proof-of-Stake model that allows entities with over 32 ETH to become network validators in exchange for […] The post Here’s why Ethereum 2. дальше »
2020-5-7 16:00 | |
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CMC Q1 2020 Report Reveals Exceptional Growth of Female Users in the Crypto Space
This may mean a breakthrough for cryptocurrencies. Previously, many metrics showed that 95% of Bitcoin users are male. The situation seems like gaining new optics thanks to the world crisis. CMC is considered one of the first go-to places in the cryptocurrency world. дальше »
2020-5-4 17:19 | |
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Tether Close to Ousting XRP, Thanks to Incessant Minting
The stablecoin Tether is getting closer to surpassing XRP’s market cap, as a result of the continued minting of new tokens by the Tether Treasury, something that has previously led to accusation of artificially pushing up the price of Bitcoin and all the major altcoins. дальше »
2020-5-1 09:43 | |
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Trust Capital RJV12, scam, or revolution in trading?
Previously, we published material about TrustCapital LTD and the RJV12 algorithm. We started getting a lot of messages from readers asking us to check this company and the sky-high 3% per day that they promise their investors. дальше »
2020-5-1 22:44 | |
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Growing up on the Wall Street, Ariel’s Distinct Approach to Crypto: Interview with Ariel Ling, CEO of Bithumb Futures
NewsBTC held a conversation with Ariel Ling, CEO of Bithumb Futures. Ariel previously held senior management positions over the past 20 years at prominent traditional financial institutions like KPMG, Barclays, and most recently, Deutsche Bank. дальше »
2020-4-28 11:52 | |
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BHEX Rebranded as HBTC Exchange & Launch Innovative HBC 10x PE Repurchase Plan
BHEX has rebranded as HBTC Exchange with a new domain of HBTC.com. According to the sharing from James Ju, the founder and CEO of HBTC Exchange. HBTC has come to a 2-year anniversary and did a 2-year glance, upgrade of HBTC Chain (previously known as Bluehelix Chain or BHEX Chain), and the innovative upgrade of […] The post BHEX Rebranded as HBTC Exchange & Launch Innovative HBC 10x PE Repurchase Plan appeared first on Bitcoin News. дальше »
2020-4-26 17:45 | |
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Data shows Ethereum 2.0 is sparking accumulation; will it trigger a bull run?
Ethereum 2. 0 has long been looked upon as an event that would help take the ETH blockchain to the next level, fixing the various scaling issues it has previously confronted while also shifting to an efficient proof-of-stake (PoS) consensus mechanism. дальше »
2020-4-25 15:00 | |
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Bitcoin Validates “Coiled Power” as Analysts Set Their Sights on $8,000
Bitcoin decisively broke through the resistance it previously faced at $7,200 It now appears that BTC broke out of a bullish pennant that could help push it higher in the days and weeks ahead This pennant now has serious “coiled power” as bulls were able to spark a movement within a key timeframe. дальше »
2020-4-24 17:39 | |
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Bitcoin spot volume is telling a bullish tale as analysts eye macro bottom
Bitcoin’s overnight break above the resistance it was previously facing at $7,200 has allowed the crypto to significantly extend the momentum that was first incurred when BTC dipped below the support it has established at $6,600 earlier this week. дальше »
2020-4-21 13:00 | |
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Bitcoin's '13 March' crash could just be the beginning; more volatility in April?
The 13 March drop for Bitcoin had implications wider than previously anticipated. Plenty of records were set that day. Previously uncorrelated, Bitcoin became widely correlated with the S&P 500. дальше »
2020-4-9 16:30 | |
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Binance could soon dethrone BitMEX - the most liquid derivatives platform
As the crypto derivatives space continues to heat up, the previously undisputed leader, BitMEX appeared to be losing its ground. This market is crucial in determining market sentiment and there has beThe post Binance could soon dethrone BitMEX - the most liquid derivatives platform appeared first on AMBCrypto. дальше »
2020-4-8 20:30 | |
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MONEY PRINTERS ON BRINK OF COLLAPSE
The Federal Reserve balance sheet has increased by an incredible 40% within a very short period of time as pictured above. Some $1.5 trillion has been added to what previously... The post MONEY PRINTERS ON BRINK OF COLLAPSE appeared first on Trustnodes. дальше »
2020-4-9 17:54 | |
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This Bitcoin Indicator Suggests the Top Is Near
The Bitcoin price has increased considerably in the month of April, having done so by almost 20%. However, the price is approaching an important resistance level, which previously has been successful in reversing the trend. дальше »
2020-4-8 00:15 | |
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Bitcoin Investment Vastly Higher Than Assumed, New Data Suggests
The debate over Bitcoin’s market strength continues, yet one analyst has released data indicating that investment in the flagship cryptocurrency has been considerably more substantial than previously thought. дальше »
2020-4-6 18:00 | |
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Will Warren Buffett Course Correct on Bitcoin Like He Did with Airline Stocks?
Warren Buffett has proven he can change his mind after all. The billionaire investor has reportedly dumped nearly $400 million worth of airline shares in recent days after previously committing to see it through despite turbulence. дальше »
2020-4-6 01:12 | |
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Voyager Onboards 40,000 Circle Invest Customers
Voyager offers fee-free trading for 34 crypto assets and will continue to offer services previously offered by Circle on the app
дальше »2020-4-5 18:59 | |
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Bitcoin - Stablecoins 'strategy' of investors may blow up in their face
The digital asset industry has entered Q2 of 2020 and at the time of writing, the valuation and importance attached to stablecoins have never been higher. As reported previously, popular stablecoinThe post Bitcoin - Stablecoins 'strategy' of investors may blow up in their face appeared first on AMBCrypto. дальше »
2020-4-3 00:30 | |
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FTT, Augur, Tezos price: Alts reconquers previously breached levels
The latest bullish appraisal was indicative of the fact that the downturn in the crypto-market was short-lived as the collective market cap sprung to $180 billion. Unfortunately for the bears, a contiThe post FTT, Augur, Tezos price: Alts reconquers previously breached levels appeared first on AMBCrypto. дальше »
2020-3-31 13:30 | |
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XRP headed for another downward spiral as death cross's brunt continues
It appears as if XRP's troubled times are not over. After the fateful death cross a week ago, the coin retraced its steps to the previously breached level of $0.172. This downtrend is supported by theThe post XRP headed for another downward spiral as death cross's brunt continues appeared first on AMBCrypto. дальше »
2020-3-29 20:30 | |
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