Blockchain Bearish News
Mainstream financial analysts are not yet done with the ‘Bitcoin is a bubble’ narrative to label the cryptocurrencies as a fad. Over the years, BTC skeptics have shown disdain for Bitcoin’s ability to power financial services and replace traditional currencies effectively. Even though a complete crypto takeover of the financial industry won’t happen any time […] …
You will now be able to earn tokens of the high-speed blockchain app via answering quizzes on our Telegram channel.
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Analysts from JP Morgan have said that Bitcoin has failed to perform as a hedge as opposed to other more traditional assets. …
Aave price has dropped below the $200 support level it has held for days. Technical indicators show that more imminent dips are likely. (Read More) …
France has emerged as a powerhouse in Europe as far as Central Bank Digital Currency (CBDC) development is concerned. After announcing a breakthrough with its […] …
Bitcoin has had an interesting run this past week. Although failing to reclaim the $42,000 high, it still remains promising as analysts observe an incoming volume around the $35k level. The digital asset is currently trading at a press time price of $34,915, a lower correction from last week’s $37,394 high. Bitcoin has been facing […] …
Bitcoin saw a sharp 8% price plummet over the past 24 hours as it lost almost $4K from its value in just one day. As of writing these lines, Bitcoin found support around $34,000, which is also the lower boundary of the symmetrical triangle pattern we mentioned here yesterday. BTC has been trading within this […] …
2020 was a good year for the crypto market, especially the second half of the year despite the pandemic. Bitcoin and other digital assets recovered from the spectacular crash on Black Thursday to set new records and usher in a new era of institutional investments in the crypto market. Between the March 12 crash of […] …
For all the talk about cryptocurrencies getting the mainstream attention they deserve, there is still a significant amount of discrimination from companies in the traditional […] …
TL;DR Breakdown Dogecoin price prediction expects a rise to $0.0097. Strong resistance currently lies at the $0.0093 mark. Strong support currently lies at the $0.0091 mark The Dogecoin price prediction by Azad Ghorbani suggests an upward breakout of a triangle pattern. The DOGE price is expected to test the $0.0097 mark and move long towards […] …
Iran’s embrace of cryptocurrency mining has been one of the country’s most important policy decisions of the past few years. Yesterday, local news source Tasmin News […] …
TL;DR Breakdown Litecoin price prediction expects a rise towards $200. Litecoin must hold the crucial support found at the $100 mark. Strong resistance currently lies at the $147 mark. Strong support currently lies at the $129 mark. Following the cryptocurrency market, Litecoin price followed a descending channel since 14th January. The sharp downward trajectory does appear […] …
This piece analyzes the short-term price actions and momentum of XRP token and Aave protocol. (Read More) …
Another volatile weekend: the Bitcoin price is down by 7% over the past 24 hours after losing critical support at $36,000. Only three days ago, the cryptocurrency pushed over $40K but failed to close above the benchmark level. After failing at $40K, BTC started losing altitude on Friday as it broke beneath a short term […] …
TL;DR Breakdown LINK/USD currently trades around $20 After a rejection yesterday, Chainlink continues moving lower Strong support still around $18 Chainlink price prediction for next week is still bearish as the LINK/USD has exhausted itself. LINK currently trades around $20, with a market cap of $8.1 billion. Cryptocurrency heat map by Coin360 Chainlink Price Prediction: […] …
The Bitcoin paradox presents something of a predicament.
The post Is Bitcoin price manipulation by whales a real thing? appeared first on CryptoSlate. …
Blockchain intelligence firm Chainalysis has reported that some of the people involved in the US Capitol riot received donations in bitcoin. …
This analysis was brought to you by Alpha Alarm, a Substack newsletter featuring daily crypto analysis.
The post Alpha Alarm: The Bitcoin outlook appeared first on CryptoSlate. …
What is Crypto Arbitrage? The basics of crypto arbitrage are simple: You buy one crypto on an exchange that offers the lowest price while trying to immediately sell on another exchange. This is arbitrage trade between exchanges and the main goal is to take advantage of price differences. The same can be and has been […] …
XRP saw a precipitous 18% price plummet today to reach the current $0.273 level. Against Bitcoin, XRP continues to trade sideways in a narrow band between 900 SAT and 670 SAT. …
The price of Bitcoin took a tumble today after dropping by almost 25% in the past 24-hours alone, and almost 30% from the ATH that was set last Friday at $42K. Over the past 14 hours, Bitcoin dropped by a total of $7,400 after following a breakdown of the marked descending triangle (4-hour chart), which […] …
During the latest dip in Bitcoin’s price, the CIO of Guggenheim said that it’s “time to take some money off the table.” …
TL;DR Breakdown Litecoin price expected to rise to $180 before moving towards $200 The nearest support lies at $170 LTC faces resistance in closing above the $180 price level Litecoin price observed sharp bearish movement today as the price fell from above $180 to support at $170. While LTC observes a rise across the 7-day […] …
After setting the current all-time high level at $42,000, according to Bitstamp, Bitcoin price saw a retracement to the $38K – $39K area followed by a quick recovery back above $40K over the weekend. However, despite reaching $41K earlier today, Bitcoin had plunged to a current low of $38,555 (Bitstamp) before recovering slightly to where […] …
Etheruem climbed by 5% over the past 24 hours as the coin surged as high as $1350 before dropping back over $100. Against BTC, it rebounded from support at 0.028 BTC on Friday to reach 0.0326 BTC. Was it another dip, or a wider ETH correction just started? …
XRP Price Analysis – January 9, 2021XRP/USD has recovered as the price reached a high of $0.36. XRP has chances of a further upward move. […] …
The Bitcoin price surged by over $3300, a new record, as of writing these lines. The solid 13% rise, only today, spiked BTC beyond $30,000 to reach a new ATH at $33,333 (according to Bitstamp). Over the past week, Bitcoin managed to rise by a robust 32%, which marked a new ATH for the Bitcoin […] …
Chainlink saw a slight bounce after testing a 3-month support line. More gains could be expected if Bitcoin’s price continues to increase. …
Bitcoin price has been oscillating within a narrow $450 range for the past 3 days now as bulls struggle to break over the 0.5 Fibonacci Extension level at $19,480. This area between $19,044 and $19,480 is the same spot that BTC was stuck inside of during December 5 – 8, right before prices tanked by […] …
Ethereum saw a mild recovery over the past days following the recent Bitcoin bounce above $19,000. But against BTC, the price is still indecisive as it looks for the next direction. …
XRP Price Analysis – December 15XRP/USD pair has continued the downward move after buyers fail to hold above $0.50. There are indications of a further […] …
Ripple continued to correct downward following a series of rejections from around $0.78 last month. But against Bitcoin, the price could bounce back once it retests a key support level at 2400 SAT. …
TL;DR Breakdown Polkadot price prediction expects DOT price to return to $5 within the week A balance between bullish and bearish activity The overall market direction looks bullish Volatility low, but on the rise DOT price likely to remain stable for the week ahead Polkadot (DOT) prices have been steadily shared between the bulls and […] …
This week had the entire cryptocurrency market painted in red as Bitcoin withdrew to a low of $17,650 before recovering to where it currently trades at. All of the altcoins followed suit, and as a result, they’ve charted substantial decreases over the course of the past seven days, as seen in the graph below. Bitcoin […] …
Bitcoin price continues to slide away from $18,000 today and has now returned to the 4-hour 200 EMA line (red) for the first time since October 8th, 2020. Historically, this line has been a key long-term support for BTC and even though the leading crypto is inside the worrisome CME gap, it’s actually is getting […] …
Bitcoin bears have successfully taken back control of the asset this week and are now trying to secure a daily close beneath the $18K for the first time since this month. The global crypto market capital has been steadily declining over the last seven days and is now back below $540 billion. Right now, the […] …
XRP saw another 3% price drop over the past 24 hours as it slips beneath $0.6. Against Bitcoin, XRP is moving sideways inside a consolidation pattern. …
XRP saw a small 2% price hike today as it battles to maintain the $0.6 level. Against Bitcoin, XRP also pushed higher to hit 3150 SAT. …
Bitcoin price is recovering from yet another heavy sell-off this week after prices fell $1,600 on December 1 to a low of $18,100. Despite fears of BTC closing the substantial CME gap below between $18,275- $16,995 (see chart), bullish traders have managed to successfully drive prices back above the psychological $19,000 mark. If they can […] …
Ethereum saw some whipsaw-like price movement today after it dropped by around 9% before recovering. All this took place on the day of the long-awaited Phase 0 launch of Ethereum 2.0. …