Mike Novogratz Thrashes Stocks in Favor of Bitcoin and Gold 

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 […]
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Historical analysis shows Bitcoin to soon exit multi-year bear market

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 […]
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Options see 5% chance Bitcoin will hit $20,000 in 2020: Will it happen?

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 […]
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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 […] …

Bitwise “increasingly bullish” on intermediate outlook for crypto, cites real money inflows

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 […]
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Investors Intensify Their Complaint Against Stock Traders’ Crypto Ponzi Scheme

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 […]
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Like gold with previous crises, Bitcoin will thrive after coronavirus, research shows

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 […]
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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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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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Beware of false narratives: stock-to-flow and halving not bullish for Bitcoin, claims report

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 – […]
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Q2 historically generated large gains for Bitcoin, but this time may be different

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 […]
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With strain on the physical gold market, is Bitcoin the next best bet?

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, […]
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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 […] …

BitMEX open interest is showing signs of rebounding; here’s what this could mean for Bitcoin

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 […]
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Here’s why the Fed boasting about having “unlimited ammo” is an endorsement of crypto

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 […]
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Ripple Price Prediction: XRP/USD Looks to Consolidate Its Position Below the $0.16 Zone

XRP Price Prediction – March 29 The Ripple price is floating within the channel as the price has been making an effort to break past […]
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SEC Clamps Down On $ZOOM Trading After Investors Mistake It For Zoom App

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 […]
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Bitcoin May Still Drop As Low As $4,800, Analysts Predicts

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 […]
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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 […] …

Ripple Price Prediction: XRP/USD Tumbles Under $0.17: Free-fall to $0.15 Imminent

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. […]
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Forget crypto: Kiyosaki says the stock market is “manipulated”

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 […]
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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 […] …

Several key metrics suggest that Bitcoin could be preparing for a power move

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 […]
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Why the Federal Reserve’s balance sheet exploding past $5 trillion is bullish for Bitcoin

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 […]
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Yesterday’s stock market rally leaves Bitcoin in the dust as critics rejoice

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 […]
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Why this Bitfinex Bitcoin whale isn’t convinced of the crypto market’s 70% recovery

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 […]
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Ripple Price Prediction: XRP/USD Trading Sideways but the Price Still Holds Above $0.16

XRP Price Prediction – March 26 As the Ripple (XRP) is trading within this range, we can assume that it is currently neutral. However, the […]
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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 […] …