Blockchain Bearish News
Mike Novogratz, the billionaire and founder of cryptocurrency merchant banking firm Galaxy Digital, has cast doubt over the long-term stability of the United States stock […]
The post Mike Novogratz Thrashes Stocks in Favor of Bitcoin and Gold appeared first on InsideBitcoins.com. …
While considering the macro-bearish economic backdrop that Bitcoin has traded against throughout the past couple of months, the cryptocurrency’s relative strength has made it one of the best performing major assets of this year. As for what this relative strength may mean for the cryptocurrency’s 2020 outlook, one analyst is noting that BTC’s fair price […]
The post Historical analysis shows Bitcoin to soon exit multi-year bear market appeared first on CryptoSlate. …
In February, when Bitcoin had retaken $10,000, traders were convinced that the cryptocurrency was well on its way to revisit and surmount the $20,000 all-time high established in Dec. 2017. In fact, one prominent crypto trader suggested BTC would do so before July, citing a confluence of technical and fundamental factors. But, to the surprise […]
The post Options see 5% chance Bitcoin will hit $20,000 in 2020: Will it happen? appeared first on CryptoSlate. …
As Coronavirus takes over the world, darknet sites now demand crypto for COVID masks. Darknet is the dirty underbelly of the technological revolution. Unfortunately, cryptocurrencies are often associated with shady […] …
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 […] …
The Bitcoin price has made a V-shape recovery from $3,600, following a capitulation-esque fall on March 12. Since then, the crypto market has recovered rapidly, similar to gold in previous crises, cryptocurrencies could perform strongly in the medium to long-term. As CryptoSlate previously reported, gold demonstrated a close correlation with stocks in the early days […]
The post Bitwise “increasingly bullish” on intermediate outlook for crypto, cites real money inflows appeared first on CryptoSlate. …
Despite the best efforts of many out there, cryptocurrency investment scams still exist and are running rampant in today’s world. It almost seems like you’ve […]
The post Investors Intensify Their Complaint Against Stock Traders’ Crypto Ponzi Scheme appeared first on InsideBitcoins.com. …
Bitcoin showed a tight correlation with the U.S. stock market for about two weeks from March 12, raising concerns among investors that cryptocurrencies are just as vulnerable to a financial crisis as stocks and other high-risk assets. A study from Seba, a Swiss banking startup that raised $103 million in 2018, showed that gold performed […]
The post Like gold with previous crises, Bitcoin will thrive after coronavirus, research shows appeared first on CryptoSlate. …
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 […]
The post Oil volatility following Trump tweets brings crypto traders to PrimeXBT appeared first on CryptoSlate. …
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 […]
The post Ethereum Price Prediction: ETH/USD Finally Breaks Above the Channel; Aims At $150 appeared first on InsideBitcoins.com. …
The US benchmark indices, Dow Jones and S&P 500 lost more than 4% yesterday. Along with this, prices of gold also went down. However, Bitcoin rose from $6200 mark to […] …
2020 has been a turbulent year for Bitcoin and the aggregated cryptocurrency market, with bulls having firm control over the benchmark digital asset throughout all of January and most of February, before losing their strength to sellers in March. This heightened volatility has occurred against a backdrop of bearishness within the global economy, which – […]
The post Beware of false narratives: stock-to-flow and halving not bullish for Bitcoin, claims report appeared first on CryptoSlate. …
Historically, the Bitcoin price has tended to increase in the second quarter of every year. In the past six years, with the exception of 2018, BTC’s price has increased by 80 percent on average from April to June. However, 2018 was an odd year out during which the Bitcoin price dropped by 8 percent in […]
The post Q2 historically generated large gains for Bitcoin, but this time may be different appeared first on CryptoSlate. …
In times of economic crisis, gold has been the tried-and-true solution for those looking to protect their wealth for decades, even centuries; indeed, the metal has held its value for millennia, is universally loved, and is scarce. Gold under pressure The safe-haven status of gold has been proven once again over the past few months, […]
The post With strain on the physical gold market, is Bitcoin the next best bet? appeared first on CryptoSlate. …
Bitcoin price has been going through a rather weird time where the king of cryptocurrency has constantly been trying to stabilize in a specific price zone. Though there has been […] …
A Bitcoin whale was reported moving 5,500 BTC from an unknown address to Binance address, causing investors to fear a dump. During the pandemic, most industry sectors such as oil […] …
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 […] …
Bitcoin’s price action seen throughout the past several days has been rather lackluster, with the benchmark cryptocurrency seeing some choppy trading that has led it to establish a wide range between $5,800 and $6,800. Interestingly, BitMEX’s open interest has risen in tandem with this turbulence – a sign that traders are growing more interested in […]
The post BitMEX open interest is showing signs of rebounding; here’s what this could mean for Bitcoin appeared first on CryptoSlate. …
The global economy as a whole is suffering, but as business goes, fear in one market is good for another market. Crypto sentiments are currently building upon the fear of […] …
Despite the backlash, Binance is moving ahead with FTX leveraged token delisting. The largest cryptocurrency exchange, Binance, has announced that it will delist all the leveraged tokens to prevent further […] …
Crypto in general has long been viewed as a sort of the antithesis of the traditional finance system, with central bank’s constant money printing and loose monetary policy running counter to the credo of scarcity that underlies Bitcoin. The recent turbulence in the global economy, and the Federal Reserve’s reaction to it, seems to have […]
The post Here’s why the Fed boasting about having “unlimited ammo” is an endorsement of crypto appeared first on CryptoSlate. …
XRP Price Prediction – March 29 The Ripple price is floating within the channel as the price has been making an effort to break past […]
The post Ripple Price Prediction: XRP/USD Looks to Consolidate Its Position Below the $0.16 Zone appeared first on InsideBitcoins.com. …
The United States Securities Exchange Commission (SEC) has paused the trading of shares of a small China-based company called Zoom Technologies, based on concerns that […]
The post SEC Clamps Down On $ZOOM Trading After Investors Mistake It For Zoom App appeared first on InsideBitcoins.com. …
Bitcoin’s market price dropped from the new stable $6,800 by a violent 10% in less than a day, and analysts are saying that it may […]
The post Bitcoin May Still Drop As Low As $4,800, Analysts Predicts appeared first on InsideBitcoins.com. …
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 […] …
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The much-prophecized crypto altcoin revival isn’t happening anytime soon. In 2018, most cryptocurrencies suffered a huge blow, and now trade significantly lower than their peak prices. Investors believed that after […] …
XRP Price Prediction – March 28 XRP/USD bears retained control as the price fell further from $0.175 to $0.168 in the early hours of today. […]
The post Ripple Price Prediction: XRP/USD Tumbles Under $0.17: Free-fall to $0.15 Imminent appeared first on InsideBitcoins.com. …
Bitcoin price movement is the very key that holds power to move and sway the price charts across the cryptocurrency market, and that makes it of tantamount importance day in […] …
The Bitcoin price is poised to hit the $6,000 USD support. Traders in crypto are anticipating a bull run to push it further to $7,500 in the short-term. However, the […] …
Bitcoin dropped below $6.1K and bulls need to show strength as the weekly and monthly close approach …
The crypto market has been relatively stable in the last four days. The Bitcoin price has generally been moving in between a five percent range, showing an unusually low level of volatility. In contrast, the U.S. stock market has demonstrated extremely large swings, moving by three to six percent on a daily basis in the […]
The post Forget crypto: Kiyosaki says the stock market is “manipulated” appeared first on CryptoSlate. …
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 […] …
Key metrics show that bulls may be betting heavily on Bitcoin as the coin reclaims ground from its late-February tumble in tandem with the global economy. Investors seem to be accumulating with real conviction. Bitcoin’s 7-day trading average volume as measured by the Bitwise 24-hour “real” spot volume index is at the highest level since […]
The post Several key metrics suggest that Bitcoin could be preparing for a power move appeared first on CryptoSlate. …
Despite dramatic measures taken to stem the spread of the coronavirus, it has continued to wreak havoc on the Western world, continuing to sweep across the U.S. and Europe while shutting down thousands of businesses and forcing millions out of work. As a result, the Federal Reserve has had to pull out all the stops […]
The post Why the Federal Reserve’s balance sheet exploding past $5 trillion is bullish for Bitcoin appeared first on CryptoSlate. …
The U.S. stock market has had a great past few days, with all of the benchmark indices rallying as bulls attempt to establish a long-term bottom. Bitcoin has only been able to catch a portion of this momentum, however, as the cryptocurrency is currently facing insurmountable resistance just below $7,000. Bitcoin’s lack of momentum against […]
The post Yesterday’s stock market rally leaves Bitcoin in the dust as critics rejoice appeared first on CryptoSlate. …
Since the $3,800 bottom, Bitcoin has done surprisingly well, rallying as high as $7,100 just this weekend to register an 87 percent recovery. Altcoins followed suit, posting similar gains to the crypto market’s leader. Despite this convincing bounce, which has been cemented by days of accumulation in the mid-$6,000s, above the key supports in the […]
The post Why this Bitfinex Bitcoin whale isn’t convinced of the crypto market’s 70% recovery appeared first on CryptoSlate. …
XRP Price Prediction – March 26 As the Ripple (XRP) is trading within this range, we can assume that it is currently neutral. However, the […]
The post Ripple Price Prediction: XRP/USD Trading Sideways but the Price Still Holds Above $0.16 appeared first on InsideBitcoins.com. …
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 […] …
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