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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


Russia to Prohibit Crypto Circulation, Mining, and Ads Under New Draft Law For Digital Assets

Cryptocurrency regulations are quite tricky and up until now, only a few countries can boast of finding the right mix of existing new laws to regulate digital assets fairly. Russia is definitely not among the few of those countries as it always had a passive stance towards privately issued or decentralized cryptocurrencies. After months of […] дальше »

2020-6-3 20:52


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This Key Data Metric Shows One Ultra-Bullish Crypto is About to Plunge

There’s no question that Chainlink has been the most bullish cryptocurrency on the market throughout the past couple of years, posting massive gains throughout 2019 and 2020 These gains allowed it to set fresh all-time highs earlier this year, and it now appears to be navigating back towards these highs Its mounting short-term strength, however, may be plagued by a massive influx of LINK into exchanged over the past day This could suggest that traders […] дальше »

2020-6-1 23:00


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These Three Factors Show Bitcoin Will See a Massive Selloff at $10,000

Bitcoin has seen some incredibly mixed price action as of late, with BTC struggling to garner any notable momentum as it approaches its heavy resistance $10,000 This resistance has proven to be insurmountable on multiple occasions throughout the past several weeks and months One analyst is now noting that BTC’s ongoing rally up towards the five-figure price region is strikingly similar to that seen in months past Three factors signal that this rally could be […] дальше »

2020-6-1 19:00


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PBC Governor says China has no launch timetable for the Digital Yuan

The People’s Bank of China has reiterated that the Digital Yuan is still at the testing phase and there is no set timetable for the official launch The Governor of the People’s Bank of China (PBC) Yi Gang has reportedly told a panel at a meeting that the country’s move towards launching a central bank-issued […] The post PBC Governor says China has no launch timetable for the Digital Yuan appeared first on Coinjournal. дальше »

2020-5-27 20:07


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Shopify Adds CoinPayments Support to Bring Crypto Payments to Millions of Merchants

A deal has been struck between the world’s largest crypto payment processor and a major e-commerce platform — another step towards widespread adoption? Shopify, a Canadian-based e-commerce platform, has added cryptocurrency as a payment method for sellers on the platform, making the announcement in a press statement, potentially growing Shopify’s customer base. дальше »

2020-5-22 16:34


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Bitcoin Open Interest on CME Sets New High as Investors Watch Pandemic’s Cost Grow

Open interest for Bitcoin futures on the CME is once again pushing higher towards fresh all-time highs This growth has not coincided with any heavy increase in trading volume, signaling that many investors are looking to use futures to gain long-term exposure to BTC BTC OI’s growth has come as one of the Fed presidents notes that the COVID-19 pandemic could drag on for significantly longer, also leading governments across the world to spend significantly […] дальше »

2020-5-21 21:00


Grayscale's Bitcoin accumulation might not be as price-positive as you think

Since the beginning of 2020, in spite of the market crash on 13 March, investors and traders alike have made consistent efforts towards accumulating Bitcoin. The surge in Bitcoin's hodling sentiment hThe post Grayscale's Bitcoin accumulation might not be as price-positive as you think appeared first on AMBCrypto. дальше »

2020-5-20 19:30


Digital Asset Bitgesell Provides the Perfect Ecosystem to Become Digital Gold

Emerging digital asset Bitgesell has developed a practical ecosystem, and long-term solution for the digital gold debate. The project overcomes issues plagued by Bitcoin to make it an extremely attractive proposition to holders, miners, and businesses 18th May 2020, Amsterdam, Netherlands – Digital asset and cryptocurrency Bitgesell is a new project geared towards practical application, and offers a more […] The post Digital Asset Bitgesell Provides the Perfect Ecosystem to Become Digital Gold appeared first on NullTX. дальше »

2020-5-21 11:04


Bitcoin driving institutional interest is a "land-grab" phase: Tuur Demeester

Bitcoin has been an interesting asset that has been gaining mainstream attention. This can be visible with the growing attention of the mainstream media towards it, who plunged into the topic as the bThe post Bitcoin driving institutional interest is a "land-grab" phase: Tuur Demeester appeared first on AMBCrypto. дальше »

2020-5-19 23:30


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Coinbase Data Shows Crypto Investors Still Fans of Altcoins Despite Poor Performance

Despite climbing against Bitcoin today, most major altcoins are still trading around their multi-year lows while looking towards their BTC trading pairs This weakness comes as traders flee smaller cryptocurrency’s in favor of Bitcoin, which has been firmly establishing itself as a “safe haven asset” throughout the past couple of months Data from Coinbase, however, indicates that the vast majority of crypto investors on the platform are still interested in investing in altcoins Data from […] дальше »

2020-5-19 21:00


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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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Ethereum’s Macro Price Structure is Flashing Warning Signs; Things to Consider

The bear-favoring volatility seen by the aggregated crypto market yesterday has once again caused Ethereum to decline beneath the $200 price level The cryptocurrency is now flashing signs of growing weakness as multiple moving averages begin invalidating all of ETH’s macro bullishness One analyst believes that this present technical weakness could lead ETH to move back towards its yearly open Ethereum saw a sharp decline yesterday alongside Bitcoin and the aggregated crypto market. After tapping […] дальше »

2020-5-16 23:00


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It’s “Showtime” for Bitcoin Once it Breaks Above $10,500

Bitcoin incurred some explosive overnight momentum that allowed it to reach to highs of $10,000 before facing a slight rejection The cryptocurrency now appears to be well positioned to see further upside as its market structure begins growing incredibly bullish Analysts are now widely noting that all the signs seem to point towards Bitcoin making a visit to $10,500 If the crypto is able to firmly surmount this level, one trader believes it will be […] дальше »

2020-5-15 02:00