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XRP Soars Higher as Three Bullish Technical Signals Flash
29.7.2020
Despite only slight gains seen in bitcoin (BTC) and most major altcoins today, the Ripple-affiliated XRP token continued its surge higher in the market, while technical analysis shows several bullish signals.
At pixel time (10:59 UTC), XRP was up by almost 9% over the past 24 hours, with...
Bitcoin’s Current Breakout Sets It up for $28,000, Headed for Six Figures – Max Keiser
29.7.2020
Max Keiser has predicted that bitcoin’s current bullish pattern will lead toward a price of $28,000. While the bitcoin bull does not give a timeframe when this is likely to happen, he believes that, thanks to relentless government money printing, the benchmark cryptocurrency will eventually...
Goldman Sachs Warns US Dollar Risks Losing World Reserve Currency Status, Gold and Bitcoin Soar
28.7.2020
Goldman Sachs has warned that the U.S. dollar may lose its status as the world’s reserve currency. The investment bank is bullish on gold as fears over governments debasing their fiat currencies grow and real interest rates are pushed to all-time lows. Goldman Sachs’ Dollar and Gold...
Bitcoin Correcting Gains, Major Altcoins Look Bullish
28.7.2020
Bitcoin price started a strong increase above the USD 10,000 level. BTC broke a crucial resistance near USD 10,500 and it even rallied above USD 11,000. The price traded to a new monthly high close to USD 11,400 and it is currently (08:30 UTC) correcting below USD 11,000.
Most major altcoins also...
Bitcoin Fees Skyrocket 590% Since Mid-June – Supporters Think Mempool Size Is ‘Bullish’
28.7.2020
Bitcoin fees have grown much larger in recent days spiking to a two-month high to $3.80 per network transaction. The crypto asset’s fees have jumped 590% since June 14 and the mempool (transaction backlog) has grown significantly. Digital currency markets have been extremely bullish lately...
Cardano (ADA) Appears Intraday Bullish; Trades Above $0.130
25.7.2020
Cardano, which is a 3rd generation crypto, is working towards removing the limitation which otherwise is possessed by 1st generation Bitcoin and 2nd generation Ethereum. Scalability has been a significant issue for Proof of Work blockchain-based networks, and the trading fees of Ethereum is now...
Despite Stock Market Disaster Predictions, Bitcoin Markets Permeate Bullish Signals
24.7.2020
A number of Wall Street veterans like Bear Traps Report author, Larry McDonald, think that markets might see some “disastrous and unimaginable” impacts in the near future. Another seasoned analyst, Larry Williams, believes the S&P 500 will shudder after July 28. Despite the pending...
Ethereum Leads Top 20 as On-Chain Data Signals Bullish Sentiment
24.7.2020
Ethereum (ETH) is continuing to see gains in the crypto market today after what has been a strong week for the cryptoasset, and with on-chain data suggesting further gains may lie ahead for the leading smart contract platform.
At pixel time (11:55 UTC), ETH was up by 4% over the past 24 hours...
US Banks Offering Crypto Custody is 'Insanely' Bullish and Risky
23.7.2020
Source: Adobe/Prostock-studio
While many in the Cryptoverse celebrate a decision by the US Office of the Comptroller of the Currency to allow all federally chartered banks in the US to provide cryptoasset custody services to their customers, it also brings an "existential" risk to Bitcoin...
Bitcoin Climbs Above USD 9,300, Altcoins Gaining Bullish Momentum
21.7.2020
Bitcoin price remained well bid above the USD 9,050 and USD 9,000. BTC formed a strong support base above USD 9,000 and it recently started a steady rise. It broke the USD 9,200 pivot level and it is currently (08:30 UTC) trading above the main USD 9,300 resistance zone.
Similarly, most major...
Analysts Claim Bitcoin’s 76 Day Stability ‘Bullish’: Hash Ribbons Cross and 2016 Patterns
21.7.2020
The price of bitcoin has been very stable lately, and the crypto asset has been trading in a less volatile range just above $9k per coin for 76 consecutive days. After the third halving, the price of bitcoin has also been far more stable, in contrast to the price action after the second halving....
Bitcoin’s Active Supply Hits 19 Month Low — Is It Bullish or Bearish?
17.7.2020
Bitcoin’s active supply has hit a 19-month low, mirroring the setup before the 2017 bull run
Bitcoin: 3 Reasons Market Strategist Lyn Alden Is ‘Increasingly Bullish’
17.7.2020
Lyn Alden says she turned “quite bullish” on Bitcoin in early 2020, and remains highly optimistic in BTC in a recent paper
‘Ferocious Rally’: Weiss Ratings Bullish on Bitcoin, Price to Hit $70K Next Year
12.7.2020
Weiss Ratings has outlined key reasons why investors should be bullish about bitcoin, seeing a “ferocious rally” with the price of the cryptocurrency expected to hit $70,000 next year. In addition, the Federal Reserve’s massive money-printing and institutional investments into...
This Exchange Crashed Bitcoin Price to $9K: Here’s Why That’s Bullish
11.7.2020
The drop in the price of Bitcoin on July 10 to $9,100 was led by Bitstamp, data finds, coinciding with selling by BTC miners
Coinbase Listing News Fits With Bullish Mainstrem Market, Pomp Says
10.7.2020
News of a potential Coinbase stock market listing comes amid current bullish mainstream market conditions
Bitcoin Option Traders Bet on Bullish Move Following Volatility Squeeze
9.7.2020
While bitcoin's range play continues, option traders look to be betting on a big move to the higher side
Blockstream CSO Samson Mow: I’ve Been Bullish on Bitcoin Since Day One
9.7.2020
“Crypto Titans” is a series of personal interviews conducted by CoinMarketCap with prominent and forward-thinking minds tinkering on and behindContinue Reading
The post Blockstream CSO Samson Mow: I’ve Been Bullish on Bitcoin Since Day One appeared first on CoinMarketCap Blog
Blockstream CSO Samson Mow: I’ve Been Bullish on Bitcoin Since Day One
9.7.2020
“Crypto Titans” is a series of personal interviews conducted by CoinMarketCap with prominent and forward-thinking minds tinkering on and behindContinue Reading
The post Blockstream CSO Samson Mow: I’ve Been Bullish on Bitcoin Since Day One appeared first on CoinMarketCap Blog
Bitcoin Price Poised for ‘Imminent’ Breakout As Network Hashrate Hits Record Highs
8.7.2020
The price of bitcoin could see an ‘imminent’ breakout, according to the latest Glassnode data. The data firm says bitcoin (BTC) has been flashing bullish for the past six weeks amid positive onchain activity. Meanwhile, the BTC network hashrate has continued to grow, with the seven-day...