Monthly Archives: November 2020

Binance Coin, Monero, Algorand Price Analysis: 18 November

Crypto Fear and Greed Index stood at 91 to denote extreme greed as Bitcoin, after a brief dip below $17,500, rose past $18,000 once more. Binance Coin broke out of a triangle pattern and showed signs of an uptrend. Monero was also strongly bullish, while Algorand traded within a range over the past two weeks. Binance Coin [BNB] Source: BNB/USDT on TradingView Binance Coin formed a descending triangle and broke out to the upside, but short-term volatility saw the price $28.83 to $27.5. The RSI… Source link

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As Bitcoin Surges 15%, Here’s What Wall Street’s Saying About The Cryptocurrency’s Meteoric Resurgence

Topline Amid a pandemic that’s seen the U.S. dollar tank in value, the price of bitcoin has exploded nearly 150% this year and 15% in the past week alone, sparking a wave of renewed attention from Wall Street as the pioneering cryptocurrency nears its all-time price peak from late 2017 (before the crypto market infamously crashed). Bridgewater Associates founder Ray Dalio at Fox Business Network Studios in New York City. (Photo by … [+] Roy Rochlin/Getty Images) … Source link

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Bitcoin Suisse expects to offer Ethereum staking before Christmas

Crypto service provider Bitcoin Suisse expects to offer its Ethererum staking services before Christmas, underscoring the firm’s expectations of an imminent launch of Ethereum 2.0.  In a statement released Wednesday via Trustnodes, Bitcoin Suisse said: “The deposit contract for Ethereum 2 is now live. This means that the new version of the second biggest protocol by market cap will most likely become a reality before Christmas.” The firm intends to offer the staking service from the… Source link

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Bitcoin explodes above $18,000, taking its market capitalization to an all-time high — and it’s even exciting Hollywood | Currency News | Financial and Business News

REUTERS/Baz Ratner Bitcoin rose above $18,000 on Wednesday, to its highest in three years, and its market capitalization has hit an all-time record of $336 billion. The price has closed above $17,000 on only five other days in history, Deutsche Bank analysts said. Frenzy over its price caught the attention of Hollywood celebrity Maisie Williams, who ran a Twitter poll Tuesday on whether she should buy Bitcoin. Events triggering Bitcoin’s price surge include improvement in mainstream… Source link

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‘This time is different’ — 10 Bitcoin charts show that this rally isn’t like 2017’s

Bitcoin (BTC) is setting new records in almost all aspects except USD spot price, says a new digest, which concludes that 2020 is not like the 2017 rally. In a blog post on Nov. 17, Nic Carter, co-founder of statistics resource CoinMetrics, highlighted nine charts, which as of this week, are higher than ever. 10 charts highlight “clear improvements” From wallet balances over $10 to institutional holdings and even Bitcoin spot prices in various fiat currencies, the data shows that Bitcoin… Source link

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Billionaire Mike Novogratz says Bitcoin will hit $65,000 – and tells ‘Game of Thrones’ star Maisie Williams to buy the world’s most popular cryptocurrency | Currency News | Financial and Business News

Mike Novogratz/ Bloomberg.com Mike Novogratz says he expects the price of Bitcoin to hit $65,000 and told the “Game of Thrones” star Maisie Williams to buy the digital token. Williams conducted a Twitter poll Monday about whether she should buy Bitcoin. It caught the attention of several prominent names including Novogratz, Elon Musk, and the major cryptocurrency investor Barry Silbert. Bitcoin climbed as much as 4.8% to $18,480 on Wednesday, to a fresh three-year high, before… Source link

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Why Bitcoin price just flash crashed 6% after rejecting at $18.5K

The price of Bitcoin (BTC) dropped sharply after approaching $18,500 on Binance and Coinbase. The plunge took place as large sell orders were spotted on both spot and futures exchanges. BTC/USD 15 minute chart. Source: TradingView.com As Cointelegraph previously reported, traders anticipated a pullback as the price of BTC neared the $18,000 to $19,000 resistance zone. Upon its first retest of the area in nearly three years, the market saw a strong reaction. Bitcoin confirms $18.5k as a key… Source link

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Bitcoin price hits $18K but traders expect ‘shallow’ pullback before new high

Bitcoin (BTC) just set another 2020 high by rallying above $18,000 for the first time in three years. On Nov. 17 BTC price rallied to $17,858 after a high volume surge pushed the price cleanly through the $17,100 to $17,300 range that many analysts believed would be a strong resistance level. According to Decentrader co-founder, filbfilb, Bitcoin price could continue to march higher in the short-term if key underlying supports hold. BTC/USD daily chart. Source: TradingView The popular analyst… Source link

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Ethereum’s top 10 DApps hit 1M users this month

Ethereum-powered decentralized applications, or DApps, have attracted more than one million active users over the last 30 days according to analytics platform DappRadar.  This milestone comes as interest in decentralized finance, commonly referred to as DeFi, received a second wind, with the number of users growing by 11% in the first 11 days of November. The ten DApps, six of which describe themselves as providing “DeFi and exchange” services, represent more than $21 billion in combined… Source link

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