A great debate is taking place across the cryptocurrency community, arguing over if decentralized finance (DeFi) will have a similarly bullish impact on Ethereum price when the next bull market begins. And while it is difficult to argue that such astronomical gains will happen yet again in the altcoin, the alternative to traditional finance could…
Details
You are digital red carpet invited to join us in a trinity crypto innovation trinity launch tomorrow. JOIN FREE HERE The event happens this Saturday 20th of June on the Summer Solstice in Crypto Voxels. 13:30 PST 16:30EST 15:30 CST 20:30 UTC 21:30 GMT 22:30 CET Watch a brief promo video about the event through…
Details
A bearish chart formation has appeared on Bitcoin dominance that could lead to another leg down and rebound in altcoin/BTC pairs. However, the 58% level could remain a barrier, keeping a full-blown altcoin season from occurring for quite some time longer. Bitcoin Dominance Forms Bear Flag, Hanging By A Thread On Channel Support BTC dominance…
Details
Bitcoin remains stagnant without providing any clear signs of where it is headed next. Over the past month, its price seems to have leveled off as continues consolidating within a $1,000 trading range. The ongoing stagnation phase forced the Bollinger bands to squeeze on BTC’s 1-day chart. Squeezes are indicative or periods of low volatility…
DetailsThe economy is on thin ice and jobless claims are still outrageously high, yet the stock market continues its V-shaped recovery and powerful rally. However, one chief investment officer claims that a stock market day of reckoning is coming – one that could also cause another sharp collapse in Bitcoin. If the stock market does…
Details
Bitcoin could break above $10,000 in the next quarter. The upside sentiment matures as the S&P 500 hints at painting a super-bullish Golden Cross in July 2020. The U.S. benchmark’s growing correlation with Bitcoin could help it attempt a breakout towards $20,000. As bitcoin repeatedly struggles to close above $10,000, the S&P 500 is paving…
Details
Ethereum is declining steadily below the $235 resistance zone against the US Dollar. It seems like ETH could decline heavily if it breaks the $225 support zone in the near term. Ethereum is trading in a bearish zone below $232 and the 100 hourly simple moving average. The price is slowly declining towards the key…
Details
Bitcoin’s recent consolidation has left analysts and investors alike largely puzzled as to what comes next. Nothing is a better sign of this than the funding rates of BTC futures markets, which are converging towards 0.00%. This shows that both the long and short side of the market is not overvalued. An analyst has suggested…
Details
As Bitcoin dips below $9,500, a prominent market analyst sees the cryptocurrency resuming its uptrend towards $10,450. Michaël van de Poppe, a full-time trader from the Amsterdam stock exchange, predicted the bullish scenario as Bitcoin maintained a concrete price floor above $$9,250-9,300. The same support range was instrumental in sending the bitcoin price towards $14,000…
Details
Ripple is slowly moving lower and now trading well below $0.1920 against the US Dollar. XRP price remains at a risk of more losses unless it gains strength for a push above $0.1900. Ripple is facing an increase in selling pressure below the $0.1920 resistance against the US dollar. The price is currently trading below…
Details
