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Crypto Market Analysis: 24th August 2020
Equity markets closed on an all-time high of 3,389. 78 on Wednesday, surpassing the record of 3,386 set on February 29th. Despite this, doubts remain about the global economy, with the Federal Reserve’s meeting minutes highlighting concerns on the pandemic’s continued impact. дальше »
2020-8-25 08:03 | |
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Here’s Why Analysts Remain Bullish on Bitcoin Despite Failure at $12k
Bitcoin failed to hold above $12,000 last week after temporarily moving above $12,400. The asset now trades for $11,650, having faced a rejection at the pivotal $12,000 level. BTC’s rejection at that level has made some analysts fear that a strong price drop is incoming. дальше »
2020-8-24 04:00 | |
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Top DeFi Token Yearn.finance (YFI) Craters 20%: Why Analysts Remain Bullish
Yearn. finance (YFI) has embarked on a parabolic run-up over the past few days. The Ethereum-based asset traded at $4,200 one week ago, and yesterday, it reached $16,500. This is a gain of almost 300% in around seven days. дальше »
2020-8-22 02:59 | |
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Banking Sector Bleeds in 2020 While DeFi Records 900% Growth
In 2020, we saw the Oracle of Omaha, Warren Buffett selling all his positions in banks that included; Goldman Sachs, JPMorgan Chase, Wells Fargo, and others. Given that the banking sector of Dow Jones, Nasdaq, and S&P 500, all three remain under losses, negative 35% returns YTD, it makes sense that even Buffett has jumped […] дальше »
2020-8-21 20:44 | |
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Here’s Why Analysts Remain Bullish After Bitcoin Slipped Below $12,000
As reported by Bitcoinist previously, Bitcoin suffered a correction after peaking above $12,400 on Monday. The cryptocurrency has since suffered a retracement, falling in tandem with the price of gold. дальше »
2020-8-20 15:00 | |
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Questions Remain Around The OCC Decision To Allow Banks To Custody Crypto
The recent ruling that U.S. banks can custody bitcoin means that the rules have changed — we just don't yet know exactly how. The post Questions Remain Around The OCC Decision To Allow Banks To Custody Crypto appeared first on Bitcoin Magazine. дальше »
2020-8-19 20:26 | |
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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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Compound (COMP) Could Rally 25%+ as Analysts Eye Technical Strength
Compound’s price has been caught within an intense consolidation phase throughout the past week, with COMP oscillating primarily between $190 and $220. The cryptocurrency has been struggling to garner any clear momentum, with the crypto’s intense upswing seen earlier this month starting to show some signs of faltering. дальше »
2020-8-17 04:00 | |
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DeFi Is the Future Says CZ but Centralized Exchanges Remain More Popular
The idea is strong, but until decentralized exchanges become more user-friendly, centralized exchanges will still be popular.
дальше »2020-8-17 20:00 | |
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These 4 Factors Show Why It’s Hard to Be Bearish on Bitcoin Right Now
There remain some Bitcoin bears despite the ongoing push higher. One trader said that due to BTC’s failed attempts to break past $12,000, the cryptocurrency could move towards the $8,000s or $9,000s. дальше »
2020-8-16 02:59 | |
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Bitcoin Could See a Major Breakout in The Coming Days; Here’s Why
Bitcoin has been stuck in a tight trading range throughout the past several days This has offered little insight into the cryptocurrency’s short-term trend, as both its buyers and sellers remain at an impasse As for where it may trend next, analysts now seem to believe that it is coiling up for a major breakout This could lead it well past $12,000 in the coming few weeks There are a few factors that suggest this […] дальше »
2020-8-15 02:00 | |
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Ethereum open contracts remain high - Trouble ahead?
Ethereum has been indicating strong signs of bullish momentum in the cryptocurrency market. The second-largest digital asset has been on an upwards journey since mid-July and witnessed another boost iThe post Ethereum open contracts remain high - Trouble ahead? appeared first on AMBCrypto. дальше »
2020-8-15 20:00 | |
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Maker Price Analysis - Range bound
Throughout 2019 and 2020, MKR has made modest gains in USD, BTC, and ETH markets, but all pairs remain largely range-bound based on historic price action. дальше »
2020-8-15 15:01 | |
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Bitcoin may peak in 2022-2023, but it can still go wrong
We are currently part of an unusual Bitcoin rally. Unlike Ethereum, Bitcoin hasn't surpassed its highs from 2019. It hasn't even come close, to be fair. However, many in the community remain bullish aThe post Bitcoin may peak in 2022-2023, but it can still go wrong appeared first on AMBCrypto. дальше »
2020-8-10 18:30 | |
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Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, XRP, XMR, XTZ
Bitcoin and most altcoins are likely to remain range-bound for a few more days before resuming the next leg of the up move.
дальше »2020-8-10 21:40 | |
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Here’s Why a Wall Street Vet Says “Everything” Is an Inferior Trade to Bitcoin
Bitcoin has faltered over the past few days, failing to surmount $12,000 yet again. The asset trades at $11,750 as of the time of this article’s writing. Despite the pause in the uptrend that persisted all of last week, analysts remain bullish from a long-term stance. дальше »
2020-8-9 07:00 | |
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Bitcoin’s Macro Price Chart Is Giving a Fund Manager “All-Time High Vibes”
Bitcoin has seen a strong retracement since its highs of $12,200 set on Saturday. Bulls remain optimistic about the leading cryptocurrency. One fund manager in the space went as far as to say that the BTC chart is giving him “all-time high” vibes. дальше »
2020-8-6 04:00 | |
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Despite Recent Strength, Ethereum has Yet to Break Above One Critical Level
Ethereum, like Bitcoin, is currently flashing some immense signs of strength as it pushes past $400 The resistance at this price level remains heavy, so buyers must continue propelling the crypto higher in the near-term Where ETH trends next as it hovers around this crucial level may depend on Bitcoin, as it guided the market’s latest movement If Ethereum’s buyers remain strong in the near-term, they may next look to target the crypto’s recent highs […] дальше »
2020-8-6 23:00 | |
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Bitcoin Holds Above Crucial “Ichimoku Cloud” as Analysts Remain Optimistic
Bitcoin has entered a consolidation phase within the lower-$11,000 region This comes shortly after bears stepped up and catalyzed a swift rejection at $12,000 this past weekend The cryptocurrency is now flashing some signs of weakness as it hovers above its key support at $11,000 Bulls have been able to hold it above multiple crucial levels throughout the past couple of days This is leading some traders to remain firmly bullish on the benchmark cryptocurrency’s […] дальше »
2020-8-4 02:00 | |
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Why Analysts are Bullish on Bitcoin Despite Close Beneath Key $11,700 Level
Bitcoin has been flashing some mixed signs to investors as of late Despite seeing intense bullishness throughout the past week as it rallied from the lower-$10,000 region to highs of $12,000, analysts still remain cautious regarding where it may trend next Their present lack of bullishness is rooted in the cryptocurrency’s inability to close its weekly candle above $11,700 This is a historically important level that analysts were closely watching over the past couple of […] дальше »
2020-8-4 21:00 | |
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New 2020 Bitcoin Price High at $12,000 Proves Bulls Remain in Control
Bitcoin price rallied through a key resistance zone and secured a new 2020 high at $12,000.
дальше »2020-8-2 06:35 | |
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Bitcoin Looks Structurally Similar to Start of Rally to $20,000: Analyst
Despite the surge over the past few weeks, not all analysts are convinced Bitcoin is in a full-blown bull market. There remain commentators who argue that this move may just be a range deviation before a move back to the $9,000s, then lower. дальше »
2020-7-31 15:00 | |
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Analyst Who Predicted Bitcoin’s V-Bounce at $3,700 Thinks This Comes Next
Bitcoin has stagnated after surging as high as $11,500 on Monday. As of this article’s writing, the asset trades for $10,950 — just under 5% below the local high. Analysts remain optimistic about BTC, arguing that the asset is poised to rally further in the days ahead. дальше »
2020-7-29 15:00 | |
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Analyst Who Predicted Bitcoin’s 2018 Bottom Thinks $12k Is Imminent
Bitcoin has faced a rather strong correction after its explosion to the $11,500 highs. At the recent lows, the asset traded as low as $10,600 — around 8% below the local highs. Despite the retracement and the fact that BTC remains below $11,000, analysts remain bullish on Bitcoin. дальше »
2020-7-29 13:00 | |
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Bitcoin Whales Not Taking Profit Yet As Exchange Balances Remain Stable Despite Price Surge
Bitcoin has made a big price leap this week with its price rising to over $11,000 from just above $9,000. Despite this remarkable surge, the Bitcoin balance on exchanges has not changed. The balance remains at 14. дальше »
2020-7-29 12:36 | |
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$12k Bitcoin Can Unlock Prices “As High as Imagination” Will Allow: Analyst
Bitcoin has faced a rejection after surging as high as $11,500 on Monday. As of the time of this article’s writing, BTC is at $10,800. Analysts remain optimistic despite this drop from the local highs, arguing that the bearish market structure that persisted last week is now broken. дальше »
2020-7-28 15:00 | |
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These 3 Signs Indicate Bitcoin Could Drop After 20% Explosion to $11.5k
Bitcoin has extremely strong price action over recent days. At the highs of the rally on Monday, the leading cryptocurrency traded as high as $11,500 on leading margin exchanges. There remain signs that BTC could undergo a strong retracement after surging as high as $11,500. дальше »
2020-7-28 13:00 | |
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Maker becomes first DeFi platform to lock over $1 billion, but concerns remain
The DeFi market got its first unicorn this week; if the total value locked (TVL) in assets on a platform is considered. The post Maker becomes first DeFi platform to lock over $1 billion, but concerns remain appeared first on CryptoSlate. дальше »
2020-7-28 12:00 | |
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Crypto Is Next Step in Currency Evolution but Must Adapt to Succeed
What are the main reasons why mainstream cryptocurrency adoption has not yet begun? And why does it remain so complicated?
дальше »2020-7-26 12:00 | |
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Seven Observations Concerning the Federal Reserve’s Pandemic Response
The Fed's asset purchases have had a range of effects on fixed-income markets, including raising expectations for rates to remain low for a long while. дальше »
2020-7-25 13:00 | |
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Experts’ Take On What Comes Next After Bitcoin Speedily Soars To $9,500
The bitcoin price movement for the month of July has birthed plenty of bearish narratives and going forward, the leading cryptocurrency will need to outperform to at least stay afloat and remain above the $9000 mark or Bitcoin could suffer a severe dip below the $8,000 mark, at which point the bulls will need to […] дальше »
2020-7-23 10:59 | |
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Bitcoin Volatility Hits 2018 Lows but Is a Repeat 42% Drop Possible?
Traders remain cautious as Bitcoin’s current lack of volatility is similar to November 2018 when low trading volume resulted in a 42% drop. дальше »
2020-7-22 19:12 | |
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Litecoin Price Analysis - Technicals bearish despite increasing hash rate
Technicals for both the LTC/USD and LTC/BTC pairs remain bearish after the historically negative day across all crypto markets on March 12th. дальше »
2020-7-22 13:01 | |
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Bitcoin to Soon Confirm Buy Signal That Preceded 2017’s 2,000% Rally
Despite the 150% rally from the March capitulation lows, there remain many that remain macro bearish on Bitcoin. Take the example of Peter Schiff, the CEO of Euro Pacific Capital and a prominent gold proponent. дальше »
2020-7-19 10:00 | |
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Ethereum Facing Uphill Task Near $240: Key Reasons Why It Could Tumble
Ethereum started a fresh decline from the $245 resistance against the US Dollar. ETH price is currently correcting higher, but upsides are likely to remain capped near $238 and $240. ETH price is facing a strong resistance near $240 and the 100 simple moving average (4-hours) against the US Dollar. The bears are likely to […] дальше »
2020-7-19 09:28 | |
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Prominent Investment Strategist Gives 3 Reasons to Buy Bitcoin
Despite Bitcoin’s strong bounce from the March lows of $3,700, some remain decisively bearish on the leading cryptocurrency. Take Peter Schiff, for instance. The prominent gold bull and cryptocurrency skeptic recently wrote that he thinks the asset will soon break below $9,000, arguing that Bitcoin remains in the midst of a brutal bear market. дальше »
2020-7-17 15:00 | |
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“Bitcoin is not the enemy, centralization is” – Bitcoiners remain bullish amid mainstream media attacks
Nearly 24 hours after the “big” cryptocurrency scam, tranquillity is slowly returning to Twitter and as new trends surface, the discussion is shifting from what can be titled as one of the swiftest and most popular cryptocurrency scams of the year, to regular day to day topics. дальше »
2020-7-17 20:26 | |
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Litecoin, Zcash, Cosmos Price Analysis: 15 July
Major altcoins have displayed their individual price action in the crypto market. For Bitcoin, the price continued to remain around $9.2K with a 24-hour trading volume of $4.9 billion. Source: CoiThe post Litecoin, Zcash, Cosmos Price Analysis: 15 July appeared first on AMBCrypto. дальше »
2020-7-15 13:00 | |
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Bitcoin Cautious As Analyst Predicts Pullback in Risk-On Markets in July
Bitcoin is trending sideways within a $300 trading range for the last two weeks amid growing uncertainty in risk-on markets. Traders expect the cryptocurrency to attempt a breakout but remain unsure about the direction of the next price move. дальше »
2020-7-15 08:08 | |
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COVID-19-Ravaged Legacy Markets Remain Extremely Fragile Despite Stimulus
According to new data, it seems that the world’s largest banks and financial markets still remain fragile. The cause of that fragility appears to be the continuing liquidity crisis brought on by COVID-19. дальше »
2020-7-10 13:42 | |
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