This Technical Pattern Signals Bitcoin is About to Explode to $12,000
Bitcoin saw a sharp overnight rebound that allowed it to reclaim its position within the mid-$9,000 region This came about after a period of weakness as it traded within the lower...
The Last Time This On-Chain Signal Was Seen, Bitcoin Rallied 2,000%
Bitcoin remains below key resistances, but this hasn’t stopped investors from becoming extremely bullish on the asset. Key on-chain data indicates that the propensity that...
Key Derivatives Data Show Crypto Investors Are Finally Betting on a Rally
The past few months and years have seen derivatives become increasingly important to crypto. This is largely due to the introduction of more institutional-centric fund managers, which...
Analyst: Bitcoin Market Structure Looks Very Similar to $10,500 February High
Since bottoming at $8,600 over five days ago, Bitcoin has performed extremely well. The asset rallied as high as $9,650 on Thursday, liquidating dozens of millions of dollars worth of...
Bitcoin’s Funding is Flashing a Warning Sign After Rejection at Key Resistance
Bitcoin faced a grim rejection within the upper-$9,000 region yesterday that caused it to erase most of the gains that came about as its latest push higher The subsequent decline that...
Ethereum’s Rocketing Funding Rates a Grave Sign for Its Ongoing Rally
Ethereum has been severely underperforming Bitcoin in recent times, but this appears to be shifting as the cryptocurrency posts a breakout rally while BTC declines This uptrend has...
Analysts Foresee a Harsh End to Bitcoin’s Uptrend if It Losses $9,350
Analysts believe that the uptrend Bitcoin saw yesterday may soon come to a harsh end following the cryptocurrency’s swift rejection within the upper-$9,000 region This marked yet...
Lithuania’s Central Bank to Fully Deploy its Blockchain Platform By Year-End
The Bank of Lithuania announced that it had completed the research phase of its blockchain project called LBChain. The central bank now plans to deploy the platform by the end of 2020...
‘Not an Asset Class’ Bitcoin Spiked by 100,000,000% Since 2011
Earlier this week, major investment firm Goldman Sachs held a client call where it denounced Bitcoin and other cryptocurrencies as “not an asset class” and blasted its use as an...
Federal Judge Merges Two Cases Against Ripple
Earlier this week, a federal judge ordered a case against Ripple and its CEO Bradley Garlinghouse be consolidated with a class action led by Bradley Sostack. In civil law...
Ethereum Just Breached a Crucial Level, and That Means Bitcoin May Rip Higher
After days of stagnating, both Bitcoin and Ethereum have registered strong gains over the past 48 hours. While it is normally BTC leading the pack, this time, it’s ETH. The...
Bitcoin May Surge as Chinese Yuan Gets Fixed to Lowest Price in a Decade
Unlike Bitcoin and other free markets, the Chinese yuan market is fixed and somewhat controlled by the country’s central bank. As Wikipedia describes: “Since 2006, the...
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Bitcoin and Cryptocurrency Market Update: Will Institutional Investment Centralize Crypto?
It was a tough week for crypto-asset markets, as many coins have performed poorly, with bitcoin currently sitting at $8,953, Ethereum at $203, and XRP at $0.194. This was in contrast...
GoodDollar Wallet launches with $100,000 coronavirus relief package for eToro employees
eToro used GoodDollar’s UBI wallet to facilitate employees’ $100,000 donation program as part of the UBI pilot. GoodDollar, a non-profit initiative working to deliver universal...
Bitcoin is Up by 16% Post Halving
The third bitcoin halving happened on May 11 during the coronavirus chaos. But the king of crypto seems unstoppable. Despite the biggest financial trials of our time, bitcoin was able...
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