July 4, 2020 Bored With Bitcoin? This BTC Price Level Is Key for a Big Breakout The price of Bitcoin is consolidating below $9,300 but this isn’t necessarily bearish as a major breakout may be in the works. The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, has been ranging between $8,600 and $10,500 since the halving.…
July 1, 2020 XRP Price Can Outperform Bitcoin in the Short Term — Here’s Why As Bitcoin's price continues to range sideways, the momentum may be shifting to XRP for the next big move. Bitcoin's (BTC) sideward price action of late has been a hunting ground where whales can easily liquidate misinformed traders on leverage trading platforms.…
July 1, 2020 Who’s Buying Bitcoin? Retail Demand Expected to Double by 2024 Halving New data shows Bitcoin accumulation by retail investors continues to surge despite the economic downturn and increasing inflows from institutional investors. The latest research from ZUBR derivatives exchange published June 29 found that participation from retail investors is increasing despite the longstanding narrative that institutional adoption would be required to propel crypto prices higher. …
June 30, 2020 Bitcoin Price Stalls Below $9.2K but Data Shows Investors Are Bullish Bitcoin price has stalled below $9,200 but on-chain data, investor sentiment, and BTC’s strong quarterly performance are bullish signals. Earlier today Cointelegraph reported that “Bitcoin (BTC) price recorded its strongest second quarter performance in history” despite a startling crash to $3,750 on March 13.…
June 29, 2020 Ethereum Volatility Drops Below Bitcoin’s but ETH Options Are Bearish Ethereum’s implied volatility dropped below Bitcoin's for the first time ever, but is this a bullish or bearish development? Ether (ETH) options implied volatility, a measure of the expected price swings as per the options markets premium, has dropped below Bitcoin’s (BTC) for the first time ever. …
June 25, 2020 Even $7.9K Bitcoin Price Won’t Help Bears Ahead of $1B BTC Options Expiry Even a 15% correction won’t help bears as Bitcoin price remains bullish ahead of Friday’s record $1.06…
June 23, 2020 Surge in Stablecoin and DeFi Growth Bring Ethereum Fees to 2-Year High Fees for Ethereum transactions are at an all-time high but what does this mean for the network and ETH price? The median transaction fees on the Ethereum network are the highest they have been in two years and have risen above Bitcoin fee for the second time in the last three months. …
June 23, 2020 Is Ethereum (ETH) Price on Course to $300 as DeFi Coins Skyrocket? Ethereum’s Ether (ETH) is taking advantage of Bitcoin rallying early this week and looks to break a key resistance level on the road to $300. Bitcoin (BTC) has been showing strength in recent days as the price rallied from $9,300 to as high as $9,800.…
June 22, 2020 3 Reasons Why DeFi Tokens Are Outperforming Bitcoin Price DeFi-based tokens are posting double digits gains and outperforming Bitcoin but can the rally continue? Decentralized Finance (DeFi) has been a rapidly growing sector in the crypto space and although the volume of the DeFi ecosystem yet to surpass that of the general crypto market, the new way of lending and saving has garnered positive media coverage and “praise”. DeFi…
June 21, 2020 Top 5 Signs Bitcoin Is Quietly Entering a New Bull Market Phase Five signs are pointing to Bitcoin being in a bull market despite its inability to break through the multi-year resistance at $10,500. Bitcoin (BTC) price has been sideways for several weeks with now over a month since the halving.…
June 20, 2020 Should Bitcoin Traders Stay Bullish if BTC Price Corrects to $7,700? Bitcoin remains in good shape to retest $10K while a BTC price pullback to as low as $7Ks may provide a good opportunity for buyers. The price of Bitcoin (BTC), the top-ranked cryptocurrency by market capitalization, is acting inside a narrowing range, still hovering around $9,000.…
June 18, 2020 VeChain (VET), Zilliqa (ZIL) Target Key Resistance Level to Resume Rally After strong rallies VeChain and Zilliqa are expected to move higher after key resistance levels are cleared. As the price of Bitcoin (BTC) has been consolidating in a range, altcoins have been moving left and right.…
