Crypto Market Forecast: W/C 16th November 2020.

A curated weekly summary of forward-focused crypto news that matters. This week, Paypal doubles down on support for crypto - nudging Bitcoin up to $16,500, only one survivor emerges from the Bitcoin Cash hard fork, and an incoming Republican senator who's pro-Bitcoin. origin »

Tether Market Cap Surpasses $18 Billion.

According to Tether’s official transparency page, its dollar-backed stablecoin has crossed the $18 billion market capitalization mark for the first time. A key source of liquidity for exchanges and crypto traders worldwide, Tether is the largest stablecoin in the market. origin »

SUSHI Leads the Way In DeFi Index Breakout.

Since Nov 6, the SushiSwap (SUSHI) price has increased by a massive 175% but has failed to reach a close above an important resistance level. After a short-term retracement, the price is expected to eventually be successful in moving above this area. origin »

Ethereum long-term Price Analysis: 16 November.

Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice The transition of Ethereum to Ethereum 2.0 is what the ecosystem iThe post Ethereum long-term Price Analysis: 16 November appeared first on AMBCrypto. origin »

Citibank $318K Bitcoin Prediction Reminiscent of Previous Moon Target Blunders.

A new Citibank report has made the case for a $318,000 Bitcoin price by the end of 2021. However, in 2013, its author also claimed gold was heading to $3,500 in “a couple of years.” Tom Fitzpatrick, a managing director at Citibank, based his $318,000 Bitcoin projection on an analysis of previous market tops and […] The post Citibank $318K Bitcoin Prediction Reminiscent of Previous Moon Target Blunders appeared first on BeInCrypto. origin »

How Bitcoin Could React To Promising Moderna Vaccine.

This morning, news broke that Cambridge, Massachusetts-based biotech firm Moderna, had reached 94. 5% efficiency in preventing the onset of COVID with their in-the-works vaccine. Bitcoin responded with a rally, but the last time around when Pfizer revealed their success rate, the cryptocurrency plummeted by over $1,000. origin »

Bitcoin Price Continues to Roar Higher, Pushing to $16,750.

Bitcoin has continued to soar higher after our last market update. The cryptocurrency recently traded as high as $16,770, a new year-to-date high and a new multi-year high. Many analysts saw this latest leg higher as notable as BTC moved above $16,600, the level at which John McAfee famously tweeted the following statement: “Bitcoin now […] origin »

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