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Key indicator shows its good time to accumulate as Bitcoin price touches $7800

As the Bitcoin price surpassed $7,500 on Nov. 27th, a key long term trend indicator showed that it is still a good period to accumulate BTC. Since the Ecoinometrics team released its latest “Daily Bitcoin Mayer Multiple Report” citing the Mayer multiple, a ratio of the Bitcoin price to 200-day moving average, the Bitcoin price […] The post Key indicator shows its good time to accumulate as Bitcoin price touches $7800 appeared first on CryptoSlate. дальше »

2019-11-29 17:57


New Research Shows That BTC’s Carbon Footprint Is Lower Than Expected

A new research piece published by The New Scientist, a prominent science magazine, has pointed out that Bitcoin (BTC) mining might not be so harmful to the climate as it was thought before. The study, which was made by Massimo Pizzol and Susanne Kohler at the Aalborg University in Denmark, criticized some notions that BTC’s […] дальше »

2019-11-28 20:04


BloXroute Blockchain Distribution Network Test on Ethereum Network Shows A Possible Drop in Block Propagation Time By 50%

According to the test results, BDN’s integration with Ethereum blockchain reduces the time span of one block propagation by almost 50%. The network’s average is normally at 360 milliseconds but dropped down to a mere 172 milliseconds with the BloXroute solution. дальше »

2019-11-28 19:52


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As Halving Interest Grows, Spectators Discuss Miner Hoards and Capitulation

Recently, cryptocurrency advocates have been discussing the upcoming halvings set to happen on the BTC and BCH blockchains in six months or less. Since crypto prices have been heading southbound, the SHA256 consensus hashrate continues to remain relatively unfazed and data stemming from freshly minted coins shows miners have been stockpiling. дальше »

2019-11-28 03:30


Latest Numbers Show Bitcoin Derivatives Preferred by Institutional Investors

The Crypto Fear and Greed Index (CFGI) shows that retails investors are extremely fearful of the massive downturn the crypto market has taken over the past week, with Mark Dow, the former economist for the US Treasury and International Monetary Fund saying on Twitter that the Bitcoin is dying during the period of the sell-off. […] дальше »

2019-11-28 01:00


Dash Price Analysis: Accumulating Losses

Dash has a bearish short-term and medium-term trading bias The four-hour time frame shows that a bullish inverted head and shoulders pattern has been invalidated The daily time frame shows that a bearish head and shoulders pattern has been triggered Dash remains under heavy downside pressure as the coin fell to levels not seen since […] The post Dash Price Analysis: Accumulating Losses appeared first on Crypto Briefing. дальше »

2019-11-27 20:14


Dollar Cost Averaging into Bitcoin as a Winning Strategy; 2019 Stats Show 49% ROI for Weekly Investments

The winning Bitcoin trading strategy is yet to be learnt even by the industry veterans given the volatile nature of digital currencies. However, a statistical analysis based on 2019 prices shows that a weekly investment on BTC would have yielded around 50% ROI as of press date. Many investors have a habit of buying large […] дальше »

2019-11-26 20:20


Zcash Price Analysis: Bullish Opportunity

Zcash has a bearish short-term and medium-term trading bias The four-hour time frame shows that a bullish inverted head and shoulders pattern has been invalidated The daily time frame shows the presence of bullish MACD divergence Zcash has slipped to its lowest trading level since March 2019, following the recent decline in the broader cryptocurrency […] The post Zcash Price Analysis: Bullish Opportunity appeared first on Crypto Briefing. дальше »

2019-11-27 19:01


Litecoin Price Analysis LTC/USD: Downfall

Litecoin has a bearish short-term and medium-term trading bias The four-hour time frame shows that the LTC/USD pair is trading in a descending price channel A sustained loss of the $47.00 level would be extremely bearish for Litecoin Litecoin has erased its early month trading gains, leaving the cryptocurrency testing back towards the October monthly […] The post Litecoin Price Analysis LTC/USD: Downfall appeared first on Crypto Briefing. дальше »

2019-11-22 17:22


Grayscale’s Q3 Report Shows Impressive Growth In New institutional Interest of Crypto Assets

Michael Sonnenshein gave an interview for CNBC on November 20, saying Grayscale’s recent Form 10 filing with US regulators would be great for the crypto industry if approved. At the beginning of this week, the asset manager Grayscale filed a Form 10 registration statement for the Grayscale Bitcoin Trust (GBTC), which is its Bitcoin (BTC) […] дальше »

2019-11-22 00:11


Binance Coin Price Analysis BNB/USD: Consecutive Losses

Binance Coin has a bearish short-term and medium-term trading bias The four-hour time frame shows that a bullish inverted head and shoulders pattern is still present A loss of the $16.00 level would be extremely bearish for the BNB/USD pair Binance Coin remains under pressure alongside the broader cryptocurrency market, with the BNB/USD pair trading […] The post Binance Coin Price Analysis BNB/USD: Consecutive Losses appeared first on Crypto Briefing. дальше »

2019-11-22 21:12


Circle’s USDC Stablecoin Receives Clean Audit Report; Fiat Backed Reserves Grow by Over 50%

The USDC stablecoin parent company, Circle, most recent audit report shows the firm is liquid enough to back its 1:1 token peg ratio against the dollar. According to the audit done by Grant Thornton, Circle’s operation is well balanced besides being supported by Financial Services giant, Goldman Sachs. Back in October, Circle issued a circulating […] дальше »

2019-11-21 19:15


Ethereum Price Analysis ETH / USD: In Dire Straits

Ethereum has a bearish short-term and medium-term trading outlook The four-hour time frame shows that a head and shoulders pattern has been triggered The daily time frame shows that a bullish inverted head and shoulders pattern remains in play The decline in the broader cryptocurrency market has placed Ethereum in a vulnerable technical position, with […] The post Ethereum Price Analysis ETH / USD: In Dire Straits appeared first on Crypto Briefing. дальше »

2019-11-20 20:33


Maker Price Analysis MKR / USD: Positive Dynamics

Maker has a bullish short-term and medium-term trading outlook The four-hour time frame shows a large inverted head and shoulders pattern The daily time frame shows an even larger inverted head and shoulders pattern Maker has seen a rapid change to its short and medium-term trading status, with the cryptocurrency adding over 25% to its […] The post Maker Price Analysis MKR / USD: Positive Dynamics appeared first on Crypto Briefing. дальше »

2019-11-19 20:41