Crypto Market Analysis: 1st July 2020.

Markets started out on a positive trend last week, before succumbing to fears of a second spread of coronavirus. With countries such as the US displaying some frightful numbers, there are very real worries globally that mismanagement of the crisis means there will be further lockdowns and thus damage to economies. A raft of positive […] origin »

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Three Simple Reasons Why Ethereum Won’t Benefit from DeFi’s Growth.

DeFi-related tokens have been caught within an intense bull market over the past several weeks, with many posting 100%+ gains This growth has been fueled by return-hungry investors looking to take advantage of “yield farming” This trend isn’t fading as fast as some analysts expected and could continue strong in the months ahead Although built upon Ethereum, the DeFi sectors growth hasn’t boosted ETH’s price One prominent investor doesn’t believe it will ever become the […] origin »

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Blockchain Game Alliance Welcomes Algorand (ALGO) as Its Newest Member.

Decentralized scalable digital currency and transactions platform Algorand (ALGO) today announced that it had joined the Blockchain Game Alliance (BGA) as a member and supporting sponsor. Algorand Joins the Blockchain Game Alliance Algorand, a permissionless, proof-of-stake (PoS) blockchain protocol that has provided tech infrastructure to several countries’ national currency projects is now an official memberRead MoreRead More. origin »

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It’s “Do or Die” for Bitcoin After Being Rejected at a Crucial Technical Level.

Bitcoin’s buyers attempted to spark a rally yesterday but were stopped short when it was rejected at $9,300 The crypto has since been trading directly beneath this level, struggling to garner any further buying pressure This resistance coincides closely with a critical technical level that buyers have been struggling to surmount It does appear that the crypto could be positioned to see further downside in the days ahead if buyers fail to break this resistance […] origin »

Deal Flow - June 2020.

Welcome to Deal Flow, a monthly report on investment in the blockchain space. Deal Flow provides a comprehensive listing of new capital raises, mergers and acquisitions, ICOs, IEOs, and STOs. The report identifies industry trends and follows the money with expert analysis and commentary - providing essential market intelligence for professional crypto investors. origin »

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Here’s Why Bitcoin’s Next Big Move May Occur in the Next 2 Days.

Bitcoin and the aggregated crypto market have once again extended their multi-week bout of sideways trading The benchmark digital asset has continued trading sideways in the lower-$9,000 region, with most altcoin’s closely tracking its price action This may not last for too much longer, however, as one trend seems to indicate that BTC is gearing up to make a large movement in the coming one or two days As for whether this movement will favor […] origin »

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ADA Is Nearing The End Of Its Upward Move.

The Cardano (ADA) price has been increasing since the beginning of April. However, the upward move has begun to show signs of weakness, forewarning that a top might be within reach. Long-Term Outlook The ADA price was consolidating near 500 satoshis in the period from August 2019 to April 2020. origin »

Ethereum short-term Price Analysis: 03 July.

Disclaimer: The findings of the following analysis look into Ethereum's bearish breakout and the recovery effort that followed. The emerging trend, at the time of writing, was bullish in nature since The post Ethereum short-term Price Analysis: 03 July appeared first on AMBCrypto. origin »

Bitcoin SV long-term Price Analysis: 03 July.

Disclaimer: The findings of the following analysis attempt to foresee BSV's movements up to the last week of July Over the past two months, Bitcoin SV has been struggling to touch the price range iThe post Bitcoin SV long-term Price Analysis: 03 July appeared first on AMBCrypto. origin »

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How The Lebanese Pound Fell Under 1 Satoshi.

The Lebanese economy is on the brink of collapse. Since October 2019, the Lebanese pound has lost 80% of its value. This depreciation has caused a surge in prices of all products, dramatically reducing the purchasing power of consumers and companies. origin »

Japan's CBDC 'experiment' has an eye on China's progress.

The cryptocurrency market has been looking on cautiously as it awaits the launch of a central bank digital currency [CBDC], unsure of what its impact may be on a country. Over the past few months, manThe post Japan's CBDC 'experiment' has an eye on China's progress appeared first on AMBCrypto. origin »

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Cryptocurrency News Roundup for July 1, 2020.

Ever since scoring a local high of approximately $9,700 on June 23, the BTC/USD pair has continuously traded in the low-$9,000s, Thursday being no exception. Traders are understandably rather cautious as the short-term trend shows no clear direction. origin »

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IOTA Breaks Out, Aims For Recent Highs.

The IOTA (IOTA) price has broken out from a descending resistance line and has been increasing at an accelerated rate over the past three days. The IOTA price has been increasing since June 27, when it initially dropped to the 2220 satoshi support area. origin »

Bitcoin derivatives are playing catch-up.

The Bitcoin derivatives market was supposed to have its day in the sun last Friday, on the 26 of June 2020. Even with over 115,000 Bitcoin Options contracts expiring, the price has not budged. The larThe post Bitcoin derivatives are playing catch-up appeared first on AMBCrypto. origin »

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Russian Court: Bitcoin Theft Not a Crime.

A Russian district court has dismissed bitcoin theft as a crime since cryptocurrency is not regulated in Russia and there is no legal status for bitcoin. The accused were found guilty, sentenced to prison, and ordered to return only the fiat money stolen — not cryptocurrencies. origin »

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Bitcoin’s Flash Crash Could Send it to Range Lows.

Bitcoin (BTC) decreased considerably on July 2, dropping from a high of $9,255 to $8,940 in a span of fewer than three hours. The decrease also created a bearish engulfing candlestick on the daily time-frame, causing the price to drop below an important moving average (MA). origin »

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