Yashu Gola
Why Tezos And Chainlink—Bluechip Assets of 2020—Saw Opposite Moves This Week
Chainlink, the twelfth-largest crypto token by market, surpassed its close competitor Tezos on a week-to-date timeframe. While LINK/USD surged by up to 7.45 percent, the XTZ/USD pair...
Bitcoin Flashes Same “Consolidation” Fractal That Sent Its Price to $20K
Bitcoin price is trending inside a lengthy consolidation pattern after rallying by up to 170 percent in the second quarter. As calls for a breakdown move grow, independent market...
Bitcoin Spots Errors in US Jobs Report Way Ahead of Wall Street
Bitcoin closed its Thursday trading session in red even as an optimistic June employment report boosted risk-on sentiment. The cryptocurrency’s losses contrasted gains on Wall...
Analyst Expects Bitcoin Price to Hit $27,000; Here’s Why
Bitcoin may hit $27,000 in the coming sessions, says an analyst. The analogy appeared as the cryptocurrency trends inside a Bullish Pennant structure on its monthly chart. The analyst...
Bitcoin Rises on Positive US Jobs Report: Why Analyst Sees a Correction
Bitcoin rose in the first session of July as it maintained its short-term positive correlation with the S&P 500. The gains followed the release of the ADP National Employment...
UK Bitcoin Firm to Sell $30M Stake to Financial Conglomerate SBI
London-based bitcoin firm B2C2 announced on Wednesday that it is selling stakes worth $30 million to SBI Holdings, Inc. The FCA-approved crypto business confirmed that it would provide...
Bitcoin Avoids Deep Bearish Correction as Powell Pledges New Stimulus
Bitcoin was holding steady above $9,100-support as the Federal Reserve Chairman Jerome Powell pledged to consider additional stimulus. The BTC/USD pair earlier recovered by more than...
This Eerie Bitcoin Fractal Sees Price above $70,000 by mid-2021
Bitcoin is on the cusp of breaking out towards levels above $70,000, according to an eerily identical fractal. Spotted first by Artem Shevelev, a market analyst, the pattern shows...
A $2B Gold Fraud Portrays Bitcoin as “Less Vulnerable” Alternative
Bitcoin found itself competing with traditional safe-haven gold all over again as authorities in China uncovered a $2 billion fraud. Kingold, one of the mainland’s most...
A U.S. Stimulus-Backed Rebound Could Fuel a Bitcoin Bull Rally: Here’s Why
Bitcoin kicked off this week with a modest move higher, rising 0.78 percent as of Monday’s close. The gains followed a sharp sell-off last week as traders pinned their hopes on a...
Converging Bitcoin Indicators See Price Stagnant at $8,000s Until Sept 2020
Risks of Bitcoin price moving towards $8,2000 in the next quarter are growing, per two historically accurate technical indicators. The benchmark cryptocurrency has been trending...
Bitcoin Braces for Turbulent Week Ahead: Three Reasons Why
Bitcoin fell 0.31 percent in the early Monday session. The cryptocurrency’s plunge followed a similar downside move in the S&P 500, validating its growing correlation with...