Tag: NEWS

BTC Price Analysis: After Breaking 2020 High, Is Bitcoin Eyeing $14K?

Bitcoin price has managed to avoid all 3 unfilled CME gaps this week and go on to break the $13,235 level for the first time since July 10, 2019 – 469 days ago. The catalyst for the 11% surge was the breaking news from PayPal yesterday that the payments giant will soon facilitate BTC and […]
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Bitcoin price prediction – Explosive rally demolishes major resistances to touch $13,235

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Yesterday’s Bitcoin price prediction proven right as bulls post major gains BTC/USD pair posts fresh 2020 high of $13,235 on back of macro fundamentals With every significant resistance surpassed, all eyes are set on $14,000 Overbought technical indicators warrant short-term correction in Bitcoin price prediction Bitcoin price prediction – BTC all set to take down […] …

BitMEX exchange shortens its ID verification timeline to November

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BitMEX exchange has made changes to fasten its mandatory customer verification. After December 4, unverified users won’t be able to withdraw from the platform. Leading digital currency exchange and derivatives platform, BitMEX, is looking to speed up its recent move to verify all cryptocurrency traders on the platform. The exchange has reportedly accelerated its identity […] …

Dharma Domination Drive Thwarted as Uniswap Vote Concludes

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DeFi protocol Uniswap has concluded its first governance vote with a failure to come to quorum by a minuscule margin. The good news is that it keeps the platform relatively decentralized … for now. The first governance vote for automated market maker Uniswap concluded on October 20 with 98% of the votes in favour of
The post Dharma Domination Drive Thwarted as Uniswap Vote Concludes appeared first on Coingape. …

Bitcoin price prediction – Another rejection from $11,800 strengthens bullish resolve

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Bitcoin price prediction once again revolves around breaking the $11,800 resistance Multiple higher lows emerge on hourly charts to strengthen bullish up-move Bitcoin price recovered quickly on daily charts to remain above the $11,600 resistance Ascending price triangle now once again approaches bearish selling pressure Bitcoin price prediction – Current price overview Bitcoin price has […] …

Bitcoin Price Prediction: BTC Building Momentum For The Ultimate Liftoff to $12,000

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Bitcoin is nurturing bullish moment after bouncing off $11,200 support on Friday. The path with the least hurdles is upwards according to on-chain analysis. Bitcoin has made a considerable recovery from the support confirmed at $11,200. The freefall towards the weekend occurred after news broke that OKEx had suspended withdrawal service for digital assets/cryptocurrencies. The
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Here’s Why OKEx’s Halting Withdrawal Episode Won’t Haunt Bitcoin

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Trouble appeared to be brewing for the well-known cryptocurrency exchange OKEx after one of its founders was held by police. Following the halting of withdrawals from its platform, Bitcoin’s price tanked over 3% in a matter of a few hours. The rest of the cryptocurrency market turned red shortly thereafter. However, this stint was short-lived
The post Here’s Why OKEx’s Halting Withdrawal Episode Won’t Haunt Bitcoin appeared first on Coingape. …

The dynamics of Bitcoin market during COVID-19 crisis

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The pandemic-related lockdowns and overall uncertainty of the economy has made all investment markets unstable. Starting from stocks and precious metals and extending to cryptocurrencies and even collectibles, this unprecedented event took a toll on us all. In many ways, experienced crypto investors were curious about Bitcoin’s performance in such market conditions. After all, the […] …

Despite Negative News, Bitcoin Only $1K Away From 2020 High: The Weekly Crypto Update

Another week passed on the cryptocurrency market, and it surely wasn’t a boring one. The cryptocurrency started off strong, causing many to believe that it might finally breach the coveted $12,000 mark. However, the excitement was short-lived because, just today, news broke out that the founder of OKEx, one of the primary cryptocurrency exchanges, has […]
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Filecoin [FIL] Down By Over 50%; Is Filecoin Losing Steam?

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Just a day after Filecoin announced its much-awaited mainnet launch on the 15th of October at block 148,888, Binance revealed ending the zero-interest promotion for borrowing FIL  and its interest rate will be adjusted as per market requirements. This news comes just hours after Binance enabled Isolated Margin trading for FIL and two other assets.
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After Square, Coinbase Will Now Fund Bitcoin Development With a New Grants Program

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Coinbase announced that it will support Bitcoin development activities by funding at least two Bitcoin Core contributors through its new grants dubbed the Crypto Community Fund. This comes after Square announced to do the same back in January this year.
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eToro: Crypto is still “retail dominated,” Zcash has the highest “sentiment” score, and how FTX gained from Blockfolio acquisition

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A new report jointly-published by eToro and The TIE explored the cryptocurrency landscape for Q3 2020, finding out long-term sentiment metrics for popular cryptocurrencies and how mergers and acquisitions proved to be the best indicator for future price rises.
The post eToro: Crypto is still “retail dominated,” Zcash has the highest “sentiment” score, and how FTX gained from Blockfolio acquisition appeared first on CryptoSlate. …

Bitcoin is Overpriced and Trades 13% Above its Intrinsic Value: JP Morgan

Bitcoin price is primed to face “modest headwinds” in the short-term, according to strategists at JPMorgan Chase & Co. Their analysis is based on bets that traders have made in the futures market and an estimate of BTC’s intrinsic value.
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Goldman Sachs: The US Dollar Could Free Fall to 2018 Lows, Time for a New Bitcoin ATH?

The US dollar may freefall to its 2018 lows, Goldman Sachs said based on a high probability of Joe Biden winning the U.S. election and significant progress made on a coronavirus vaccine. Will this lead Bitcoin price to chart a new all-time high growth trajectory?
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Ethereum’s Declining Daily Active Users Might Not Affect Price Just Yet

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Just when the community hinged on Ethereum losing ground, the second largest altcoins posted quite a rally along with Bitcoin which subsequently prompted the DeFi tokens to bounce back. ETH posted gains of nearly 190% since the beginning of the year to the press time price of $383. In the latest news, Ethereum’s daily active
The post Ethereum’s Declining Daily Active Users Might Not Affect Price Just Yet appeared first on Coingape. …

Bitcoin price prediction – BTC/USD touches $11,500 as bulls stare at $12,000 cliff next

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Bitcoin price prediction now shifts focus on the all-important $12,000 resistance Accumulation at $10,500 helped the recovery of the BTC/USD price Bitcoin price confidently sustains above $11,000 as bulls provide ample liquidity BTC whales and institutional players jump in to push prices higher Bitcoin price prediction – Current price overview The weekend belonged to the […] …

Ethereum price prediction – ETH/USD breaks tight range to sail past $365

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Ethereum price prediction turns positive as ETH/USD sails past $360 Widening Bollinger Bands and RSI suggest further upmove to touch $380 Sustained buying and firm bullish move can help close the day above $360 resistance Ethereum price prediction is now tied to DeFi recovery and broader market outloook Ethereum price prediction – Current price overview […] …