Archive for September 2020
This Unusual Bitcoin Adoption Metric Sets New ATH
Bitcoin price is as healthy as ever, remaining over $10,000 for its longest stretch yet. Supporting that healthy price action could be an adoption measuring metric reaching an all-time high record. And with the metrics turning its trajectory upward, it could suggest that the cryptocurrency’s valuation will soon follow. Here’s why. Bullish Bitcoin Price Action…
Read MoreEthereum Is At a Pivotal Resistance, and a Rejection Could Send ETH to $300
Ethereum has seen a strong performance in the past 24 hours. The coin has reached its highest price in days as it moves to $360. While this is bullish price action, Ethereum printed a number of wicks above the current price. This important as above ETH’s current price is an important horizontal resistance. Ethereum failing…
Read MoreCrypterium Debuts Virtual Crypto Card In Partnership With Apple Pay
Crypterium, a leading provider of crypto-focused cards has now introduced a new virtual card in partnership with Apple Pay. This is huge news for the cryptocurrency-based payments industry and a significant leap forward in digital asset adoption. Also this one of the many reasons why Crypterium was named one of the 50 “rising stars” by…
Read MoreEthereum’s “Resilience” Suggests That a Massive Move Higher is Brewing
Bitcoin has been guiding the entire market higher, which has provided a tailwind for Ethereum that has lifted it higher as well The cryptocurrency is now pushing towards its high time frame resistance zone between $380 and $400 How it responds to this level – should it be tested in the near-term – will offer…
Read MoreBitcoin Analyst Alerts of Looming ‘Bear Cross’ as Price Jumps Higher
Even as the bitcoin price jumps against favorable macro fundamentals, a chartist sees the cryptocurrency moving downwards in the coming sessions. The pseudonymous analyst pitched a highly bearish scenario for BTC/USD on Monday. He envisioned that the pair’s 50-day moving average would close below its 100-day moving average, leading to the formation of a so-called…
Read MoreT1 Markets Trading Platform Review
Trading platforms these days are everywhere and have started to blend across many different markets, exposing users to a variety of assets and options under a single roof. However, one platform stands out and boasts of hoarding a staggering 10,000 markets on the powerful, MetaTrader 4 equipped platform: T1 Markets. This review will explain all…
Read MoreTop Crypto Platforms for Passive Income in 2020
The crypto market is volatile. For those seeking to offset some of this unpredictability with a knowable passive income, staking has become a popular option, with $31B currently staked in various crypto assets. A crucial part of Proof-of-Stake (PoS) consensus mechanisms, staking involves users helping to validate blocks by locking up a portion of their…
Read MoreWhy Is Everyone Bearish? Analyst Asks as Bitcoin Macro Structure Still Bullish
Early in September, Bitcoin underwent a strong reversal that brought the coin to $9,800 from $12,500. The drop marked a crucial rejection of the $12,000 horizontal level on a weekly basis. There are some analysts that flipped bearish after Bitcoin formed that pivotal rejection. BTC is still in a positive spot on a macro frame,…
Read MoreBitcoin’s Macro Structure Indicates Push to $12,600 Could be Imminent
Bitcoin and the entire crypto market has faced some heightened selling pressure throughout the past day, with bears moving to regain control of BTC This has sent shockwaves throughout the entire crypto market, causing many tokens to plunge lower Analysts are now widely noting that the entire market could be well-positioned to see further losses…
Read MoreEthereum Reaches a Fate-Determining Level as Analysts Watch for Volatility
Ethereum’s price action has been closely tracking that of Bitcoin in recent weeks, causing it to see a choppy bout of sideways trading The lack of any real trend in recent weeks has made ETH’s mid-term outlook somewhat unclear That being said, the crypto may now be trading at a pivotal level that determines its…
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