Can Binance Coin (BNB) Overcome its Next Price Resistance at $15.50?

Key takeaways: In a previous BNB/USDT analysis, Ethereum World News had postulated that the coin would retest $14.  Traders and investors had been advised to keep an eye out for any bullish news that might propel BNB further.  Coincidentally, the exchange acquired Coinmarketcap soon after.  The coin has a short term resistance at $15.50. Will it break this area and continue on its upward trajectory? The news of Binance acquiring Coinmarketcap (CMC) was evidently bullish for Binance Coin (BNB) in […] …

Analyst: this simple Ethereum structure point towards a quick recovery to $200

The Ethereum price increased by 16 percent on the day against the U.S. dollar. Prior to the rally, analysts anticipated ETH to see a rapid recovery to $200 in the near-term. Josh Olszewicz, cryptocurrency technical analyst, was one of the few who observed an ascending triangle forming at larger time frames of the Ethereum chart. […]
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Even after the 50% crash, this Bloomberg analyst thinks Bitcoin is bullish: here’s why

It would be fair to say that Bitcoin didn’t perform too well in March. For those who have been living under a rock, the cryptocurrency shed more than 50 percent of its value on Mar. 12 and 13, plunging from a price just shy of $8,000 to lows at $3,800 in a dramatic fashion, liquidating […]
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Bitcoin (BTC) Reclaims $7,000 as Global Efforts Against the Coronavirus Start to Bear Fruit

In brief: Bitcoin (BTC) has this morning reclaimed the $7,000 value once again.  Its movement is amidst global reports of some countries winning the war against the Coronavirus.  With halving only days away, Bitcoin might continue with its upward trajectory.  In our Saturday analysis of Bitcoin, Ethereum World News had advised a ‘wait and see’ approach with respect to the price action of BTC. This was due to the fact that the 50 and 100 MA on the 6-hour chart […] …

Ethereum Price Prediction: ETH/USD Stuck Below $145; Bad Sign for the Bulls

ETH Price Prediction – April 5 Ethereum (ETH) dropped by a small 0.79% today as the cryptocurrency failed to cross above the channel. ETH/USD Market […]
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Analyst: Ethereum is now “Bitcoin’s backbone” and big money is taking notice

There’s no doubt that Ethereum is an integral piece of the crypto market, with the massive amount of Dapps and platforms being built upon its blockchain accounting for important infrastructure within the industry. Ethereum’s importance has only increased in recent times alongside the growing Decentralized Finance (DeFi) trend that has swept through the industry, attracting […]
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Bitcoin Price Analysis: After Failing to Reclaim $7,000, What’s Next for BTC?

In brief: Bitcoin exhibited some bullish momentum earlier on in the week.  BTC traded briefly at $7,200, dropped below $7,000 and then attempted, with no success, to reclaim this level as support.  However, we are back in familiar territory with $6,900 being the level to overcome once again.  On April fools day, keen crypto traders managed to identify $6,200 as a good support zone for Bitcoin and rode the $1,000 move that soon followed. The King of Crypto traded briefly […] …

Volatility strikes back, but on-chain metrics reveal strong resistance ahead of Ethereum

The cryptocurrency market has gone through a bullish impulse that saw many cryptos rise substantially, including Ethereum. Now, on-chain metrics reveal that Ether could face significant resistance ahead. Volatility is back and Ethereum benefits from it Ethereum started off Q2 on the right foot. The smart contracts giant jumped over 13 percent from a monthly […]
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Oil volatility following Trump tweets brings crypto traders to PrimeXBT

Few asset classes are as known for their volatility as cryptocurrencies like Bitcoin, Ethereum, and others are. Because these young digital asset valuations are driven primarily by speculation and hype, they are especially susceptible to wild price swings. However, today, it was the oil market that experienced crypto-like gains, causing the price per barrel of […]
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Tron’s (TRX) Bug Bounty Continues to Bear Fruit as the Network Blossoms 2 Years On

In brief: Tron (TRX) and BitTorrent (BTT) community member, pointed out that the Tron network has functioned flawlessly since its launch. For close to two years, the Tron Mainnet has continued to live up to expectations of the community. Its Bug Bounty program is one reason the network continues to thrive.  The backbone of any crypto project is always its community. The latter group of individuals are the first to believe in the project’s whitepaper and dedicate their funds towards […] …

Ethereum Price Prediction: ETH/USD Finally Breaks Above the Channel; Aims At $150

ETH Price Prediction – April 2 ETH/USD started today on a negative note but a sustainable move above $150 will improve the technical picture. ETH/USD […]
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Binance Loans Kicks Off with Interest Discounts

Cryptocurrency exchange Binance is busy expanding its range of services. It recently launched Binance Loans and is now offering interest discount to early borrowers. Binance […]
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Ethereum Price Prediction: Watch out for the Next Move as ETH/USD Bounces off $132 Support

ETH Price Prediction – March 31 Ethereum price is showing some positive signs above $132 against USD; the price may likely start a fresh increase […]
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Ethereum Price Analysis: With BTC Dominance Firmly at 65%, What’s Next for ETH?

In brief: The Bitcoin dominance on Coinmarketcap is steady at around 65%. Ethereum’s dominance in the market currently stands at 8.23%. In the past few days, ETH has had a hard time reclaiming the $140 support zone. The ETH/USDT 6-hour chart is exhibiting bearish signs that are further confirmed by a possible death cross on the daily chart. The Bitcoin market dominance is one tool used by crypto traders to determine whether there is an alt-season on the horizon. At […] …

Binance Coin Price Analysis: BNB Could Reclaim $14 But the Trend is Still Bearish

In brief: Binance Coin was not spared by the crypto market turmoil seen on the 12th and 13th of March.  BNB dropped to a level of $6.40 last seen in February of 2019.  The prominent alt-coin might reclaim $14 but the general trend is still in a downward trajectory.  However, possible news developments at the exchange might prop the value of the coin. In the past few weeks, crypto traders have had a hard time utilizing known Technical Analysis techniques […] …

This on-chain indicator may spell trouble for the 88% of Ethereum investors who are underwater

Data shows that a whopping 88 percent of Ethereum investors are currently underwater on their investment, with the crypto’s massive decline from its all-time highs leaving a trail of financial destruction in its wake. This figure, although already shockingly large, may balloon even more in the weeks ahead, as some grim on-chain data suggests that […]
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OKCoin to Expand Into Japan, Accepting Pre-Signups Now

OKCoin, one of the “world’s leading blockchain explorers,” will expand its services to Japan thanks to a new license it recently acquired. The exchange will […]
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OKCoin to Expand Into Japan, Accepting Pre-Signups Now

OKCoin, one of the “world’s leading blockchain explorers,” will expand its services to Japan thanks to a new license it recently acquired. The exchange will […]
The post OKCoin to Expand Into Japan, Accepting Pre-Signups Now appeared first on InsideBitcoins.com. …

Ethereum Price Analysis: ETH/USD Faces Restraints as the Price Falls Below $130

ETH Price Prediction – March 29 Ethereum loses more than 2% in one day and goes below $130 level while the next target support for […]
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Bitcoin’s (BTC) Support at $6,000 Threatened by a Death Cross on the Daily Chart

In brief: Bitcoin (BTC) has had an eventful weekend as it dropped from $6,700 to $6,000. The King of Crypto has tested the $6,000 support zone a few times.  This area of support is crucial as a death cross is forming on the daily chart.  At the time of writing this, all global citizens are taking precautions to safeguard their health and wealth from the devastating effects of COVID19. When we look at our favorite cryptocurrency of Bitcoin, it too […] …

Keep it vs. leave it: Why Binance delisting leveraged crypto assets has users divided

Binance, the world’s largest crypto exchange, has decided to delist leverage crypto tokens from its platform. The decision led to mixed reactions from users; some supportive and others wanting the leverage tokens to remain on Binance. What are leveraged crypto tokens and why is Binance delisting them? On futures exchanges like Binance Futures, FTX, Bybit, […]
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Trader Consensus Shows Anticipated BTC All-Time High For 2020

Kraken, one of the world’s first and biggest exchanges, has recently revealed a user poll. This poll showed that most traders have an expectation that […]
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Ethereum Price Prediction: ETH/USD Consolidates Under $140 Before Moving Up Higher

ETH Price Prediction – March 27 The Ethereum price is making an attempt to lift off to levels above $160 but fundamentals keep lagging behind. […]
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Bitcoin (BTC) Could be Tested By Another Stock Market Dip Due to the Coronavirus

In brief: Today, the US has surpassed China in confirmed cases of the Coronavirus. A total lockdown might be the only option left to curtail the spread of the disease in North America. The Stock markets might experience another dip due to technical and fundamental factors.  Bitcoin (BTC) might thus be tested one more time by a stock market meltdown. New developments reaching Ethereum World News regarding the spread of the Coronavirus indicate that the United States has surpassed China […] …

Monero (XMR) up 8%, Sets its Eyes on $52 as Crypto Markets Stagnate

In Brief: The major cryptocurrencies of Bitcoin, Ethereum and XRP are experiencing sideways movement.  Only Monero (XMR) is exhibiting noteworthy gains in a 24-hour period.  The privacy coin is up over 8% in a day and has its eyes set on the $52 resistance area. In an earlier article, Ethereum World News reminded the crypto trading community that the CME Bitcoin futures expire tomorrow, Friday 27th March. In the piece, we explored how Bitcoin was having a hard time breaking […] …

Ethereum Price Prediction: ETH/USD Saw a 1.71% Price Fall as It Drops Toward $131 Level

ETH Price Prediction – March 25 The Ethereum price may face a fresh round of selling as the price remains at a risk of more […]
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Venture capitalist: 2020’s coronavirus crisis will only prove the value of Bitcoin and crypto

No market or facet of the economy has been spared amid the coronavirus crisis, crypto included. Case in point: since the $10,500 high seen in mid-February, the price of Bitcoin has cratered by 36 percent, posting similar losses to markets like American equities and commodities (namely oil). What’s worrying is that a V-shaped economic recovery […]
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This analyst believes Ethereum has a “cursed chart” and that new lows are coming

Ethereum captivated cryptocurrency investors in early-to-mid February of this year, which is when ETH was able to post a massive rally that sent it surging from yearly lows of roughly $125 to highs of $290, which is where its parabolic journey ended. Its price action in the time following this rejection has been grim, with […]
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These 2 key on-chain factors suggest Ethereum’s recovery is well on its way

Even after the crypto market’s hefty recovery over the past week, Ethereum remains far below the values it was trading at just a month earlier. In fact, ETH trades at $134 as of the time of this article’s writing — 55 percent below the 2020 highs it reached in February. Despite this strong downturn, which […]
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This relatively small amount of money will pump-and-dump Bitcoin’s price

BitMEX recently suffered an attack that resulted in $1.2 billion in liquidations. Despite the significant amount of money that its users lost, data reveals that the platform is still susceptible to market manipulation. BitMEX’s roll in the crypto derivatives market BitMEX is one the biggest and most liquid Bitcoin and crypto-asset derivatives trading platforms around […]
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