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Bitcoin Facing Uphill Task Near USD 10,000, Altcoins Stable

15.5.2020
Bitcoin price followed a bullish path after it settled above the USD 9,500 resistance. BTC/USD broke a couple of major hurdles near USD 9,800, but it faced an uphill task near the USD 10,000 resistance zone. As a result, there was a downside correction and the price is currently (08:30 UTC)...

Bitcoin Returns Above USD 9,000, Altcoins Drop Against BTC

13.5.2020
It took a few days for bitcoin (BTC) price to return above the USD 9,000 level after crashing on the eve of the third mining reward halving. At pixel time (13:30 UTC), BTC trades at c. USD 9,094 and is up by 4% in a day, almost erasing all its weekly losses. The price is up by 35% in a month...

GBP/USD Highlights: Pound Weakens as it Falls to 1.22

13.5.2020
GBP/USD fails to retain the weekly gains around 1.24 as it falls back in the downward trading loop of 1.23 and 1.22. Pound failed to retain support from 50-day daily MA around 1.24 due to the weekly pullback against the US Dollar. The pair hit the double top at 1.26 on the last day of …

Bitcoin Struggling Near USD 9,000, Altcoins Show Signs of Life

13.5.2020
After halving, bitcoin price managed to settle above the USD 8,550 pivot level. BTC even climbed above the USD 8,850 resistance, but it seems like it is facing a major resistance near the USD 9,000 zone. If there is a clear break above USD 9,000, the price could start a strong rally. Looking...

EUR/USD Highlights of the Week; Ends the Week at 1.083

9.5.2020
EUR/USD ended the week above 1.080 after marking a rebound from an intraday low of 1.07 in Friday’s session, i.e., May 8, 2020. However, the Euro lacks a gradual support from 50-day and 200-day MA after a dip below 1.09 price area against the US Dollar. After the downward swing, the price trend...

Bitcoin Suisse Raising USD 56M, 'Free TON', Zcash Eyes Cosmos + More News

8.5.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Investment news Bitcoin Suisse, a crypto financial services firm, has announced the start of its Series A capital raise. According...

Open Interest in Bitcoin Options Hits USD 1B as Traders Seek Insurance

8.5.2020
Open interest (OI) in bitcoin (BTC) options surpassed USD 1 billion ahead of the halving, with an exponential increase seen across all major marketplaces over the past week. Meanwhile, the bitcoin put-to-call ratio is also on the move, revealing some bearishness in the market. Although not unusual...

This Polish Crypto Miner Grows During Lockdown, Looks To Raise USD 3M

4.5.2020
A Polish blockchain company says that its user numbers are up despite the pressures of the coronavirus pandemic, and says that investors are flocking to a gaming sector that is booming – in spite of the health crisis pandemic. GamerHash says that building on improved results it is now eying...

USD 515M Crypto Fund, Blockchain-Powered Remittance Pilot + More News

30.4.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Investment news a16z crypto, the crypto arm of venture capital giant Andreesen Horowitz, has raised USD 515 million for its second...

USD 9K Bitcoin Leads Crypto Rally as Exchanges See Massive Volumes

30.4.2020
Both bitcoin (BTC) and the broader crypto market saw another strong day today that brought the price of bitcoin past the USD 9,000 level, after also recording gains across the board yesterday. The gains came as sentiment in the market improved even more after bitcoin recovered all of its losses...

Bitcoin Inches Towards USD 8K, Altcoins Target Additional Gains

29.4.2020
After a long struggle, bitcoin price was able to break the USD 7,800 and USD 7,850 resistance levels. BTC/USD is currently (08:30 UTC) gaining bullish momentum and it might to continue higher above USD 8,000 and USD 8,050. The next major resistance is near USD 8,320 and USD 8,400. Also, there were...

S2F Bitcoin Price Model’s Author Strikes Again With USD 288K Target

28.4.2020
A new twist of the popular bitcoin (BTC) stock-to-flow (S2F) model has recently been published by the model’s pseudonymous creator Plan B. And judging from the updated model, S2F believers may now hope that BTC will hit almost USD 300 in a few years. The updated price model, dubbed the Bitcoin...

Coinbase Launches Price Feed to Help Secure $1 Billion DeFi Economy

25.4.2020
Cryptocurrency exchange Coinbase has released a price oracle that allows anyone to publish price data on-chain. The Coinbase Oracle, a signed price feed, grants users free access to data for BTC-USD and ETH-USD markets, the company announced Thursday. The idea is to make decentralized finance more...

Another Prominent Investor Says Bitcoin Could Hit the USD 1m Mark

24.4.2020
Raoul Pal. Source: a video screenshot, Youtube/Real Vision Finance Another prominent Bitcoin bull is tipping bitcoin (BTC) to reach a price of USD 1 million within the next few years, just over a year IBM’s former head of crypto made a similar prediction, following on from eccentric tech magnate...

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