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Bitcoin and Altcoins Show Positive Signs
29.12.2020
After a downside correction below USD 26,500, bitcoin price found support near the USD 26,000 region. As a result, BTC started a fresh increase and it broke the USD 26,500 resistance zone. It is currently (13:00 UTC) showing positive signs, but it must settle above USD 27,250 for a sustained upward...
Crypto Market Sentiment is Back in the Positive Zone; BNB Wins the Week
21.12.2020
The end of the year is nearing, the market is hit with increased volatility, and the market sentiment is climbing. The combined moving 7-day average crypto market sentiment score (sentscore) for the top 10 coins by market capitalization is back in the positive zone, even if just barely. Last week...
Bitcoin Just Shy of USD 20K, Altcoins Show Positive Signs
16.12.2020
After forming a support base above USD 19,000, bitcoin price started a fresh increase. BTC broke the USD 19,500 resistance and it even spiked above USD 19,800. The price traded to a new yearly high above USD 19,880 and it is currently (13:00 UTC) eyeing a break above USD 20,000.
Similarly, there...
Crypto Market Sentiment Drops; Only Bitcoin & Ethereum in Positive Zone
14.12.2020
With the second week of December came a drop in the market sentiment. The combined moving 7-day average crypto market sentiment score (sentscore) for the top 9 coins by market capitalization fell from 5.94 to 5.45 over the past seven days - relatively far from the positive zone border around which...
Top US Banking Regulator Reveals Positive Cryptocurrency Regulation Coming in Weeks
6.12.2020
The top U.S. banking regulator has confirmed that positive cryptocurrency regulation is coming in a matter of weeks, by the end of the Trump term. “It’s going to work for everybody,” said the regulator, adding that the new regulation will “make it easier for crypto investors...
Bitcoin and Altcoins Bulls Show Positive Signs
3.12.2020
There was an upside break in bitcoin price above the USD 19,000 and USD 19,200 levels. BTC even climbed above USD 19,400, but it struggled to surpass the USD 19,500 resistance. The price is currently (13:00 UTC) trading above USD 19,200 and the bulls push for a retest of USD 19,500 in the near...
Crypto Market Sentiment at the Verge of Positive Zone; Stellar Takes Top
30.11.2020
On this last Monday and last day of November, we find the combined moving 7-day average crypto market sentiment score (sentscore) for the top 9 coins by market capitalization standing at 5.98 - and even though it's just slightly higher than last week's 5.92, it's now just below the positive zone...
Pakistani Regulator Shows Positive Signs To Growing Local Crypto Market
18.11.2020
Financial regulator Securities and Exchange Commission of Pakistan (SECP) is seemingly leaning toward a more liberal stance on crypto regulation in the country with over 212m people, which is already one of the top emerging crypto markets, a recent position paper indicated.
The SECP admitted that...
Crypto Market Sentiment Improves, Bitcoin & Ethereum In Positive Zone
16.11.2020
The combined moving 7-day average crypto market sentiment score for the top 10 coins by market capitalization remains in the neutral zone, though it has grown to 5.62 from last week’s 5.28, shows the crypto market sentiment analysis service Omenics.
As bitcoin (BTC) is holding above USD 16,300,...
Bitcoin and Altcoins Show Positive Signs, Litecoin Shines
16.11.2020
Bitcoin price remained well bid near the USD 15,800 level and recently recovered above USD 16,000. BTC even climbed above USD 16,200, but it is currently (13:00 UTC) struggling to clear the USD 16,350 resistance level. The main hurdle for a larger rally is now near the USD 16,500 level.
Besides...
Bitcoin Stuck In Range, Ethereum and XRP Show Positive Signs
11.11.2020
In the past two days, bitcoin price struggled to gain momentum above the USD 15,500 and USD 15,600 resistance levels. At the same time, BTC remained well bid above the USD 15,000 and USD 15,200 support levels. The price seems to be stuck in a range and it is currently (05:00 UTC) trading near...
Bitcoin Remains In Uptrend, Altcoins Show Positive Signs
2.11.2020
After a short-term downside correction, bitcoin price regained strength above the USD 13,500 resistance. BTC is currently (05:00 UTC) trading well above USD 13,650 and it might continue higher above USD 13,800 and USD 13,850. The main hurdle for more upsides is near the USD 14,000 level.
Similarly...
Report: Token Listings Have Short Term Positive Influence on Price, M&A Have Better Impact in the Long Term
1.11.2020
A study by Etoro and The Tie find listing and partnership announcements as significant developments (Sigdev) that have an immediate, large, and positive influence on token price. This influence, which peaks within the first 24 hours, usually wears off after a week, according to the study report....
Crypto Market Sentiment is Out of Positive Zone Again; BCH is Victorious
26.10.2020
As is common in the crypto market, we're seeing a reversal, given that the combined moving 7-day average crypto market sentiment score (sentscore) for the top 10 coins by market capitalization dropped slightly and out of the positive zone reached last week, to 5.92 recorded today, as shown...
Bitcoin Surges Above USD 12,200, Altcoins Show Positive Signs
21.10.2020
Bitcoin price remained in a positive zone and it settled above the USD 11,800 resistance level. BTC gained bullish momentum and surged above the USD 12,000 resistance. There was also a break above the USD 12,200 level and the price is currently (05:00 UTC) consolidating gains.
Besides, most major...
Crypto Market Sentiment Re-Enters Positive Zone; 3 Coins Join Bitcoin & Ether
19.10.2020
As foreshadowed by last Monday's 24-hour green picture, the entire week behind us turned green, with the combined moving 7-day average crypto market sentiment score (sentscore) for the top 10 coins by market capitalization reaching the positive 6 today, as shown by crypto market sentiment analysis...
World’s Growing Stockpile of Negative-Yielding Debt a Positive for Bitcoin, Say Analysts
15.10.2020
The search for profit is likely to intensify with amount of global debt offering negative yields more than doubling in the past seven months
China’s Digital Currency Has Been Used in 3 Million Transactions Worth Over a Billion Yuan So Far
8.10.2020
China’s central bank digital currency has been used in 3.13 million transactions worth about 1.1 billion yuan ($162 million) so far, the People’s Bank of China’s deputy governor has reportedly revealed. In addition, more than 122,000 digital wallets have been created....
Gold Rises, Bitcoin Drops as Trumps Test Positive for COVID-19
2.10.2020
Donald Trump. Source: a screenshot, Instagram/realdonaldtrump
US President Donald Trump confirmed that he and First Lady Melania Trump have both tested positive for COVID-19. Following the news, bitcoin (BTC) dropped and gold rose in the markets.
The President and the First Lady reportedly...
Bitcoin, Stocks Fall as Trump Tests Positive for COVID-19
2.10.2020
The cryptocurrency and Asian stock markets dumped early Friday after U.S. President Donald Trump announced he and his wife had tested positive to COVID-19