The Crypto Fear and Greed Index stood at 88, after yesterday’s 90. For context, this index showed 83 and 79 on consecutive days and dropped to 40 in September when BTC dropped from near $12,000 to $9700. Ethereum was strongly bullish both technically and fundamentally and could post further gains after a minor pullback. Monero moved sideways in the last week of October even as many other coins posted significant losses which was a sign of strength for XMR. Dash did not drop below $60 and… Source link

George Frey/Getty Images/AFP/File Bitcoin leapt 17% this week to cross the $15,000 mark, nearing a 3-year-high. The digital token’s latest surge came as Joe Biden’s election lead edged up higher. He is projected to defeat incumbent President Donald Trump in the 2020 election. A divided Congress would be great for Bitcoin because the dollar can expect a substantial decline under a gridlocked government, Bill Noble, chief technical analyst at Token Metrics, told Business… Source link

Despite Bitcoin’s (BTC) steep rally in November, the price is consolidating above $15,000 as on-chain analyst, Willy Woo says a blow-off top is unlikely for three main reasons. The three factors are the growing outflow of funds from exchanges, increase in “HODLers,” and data showing that investors already took profit. Bitcoin is moving from exchanges to individual wallets According to the data from Glassnode, a large amount of Bitcoin has been moving out of centralized exchanges in late… Source link

Ethereum Ethereum surged by 9.43% on Friday. Following on from a 3.47% rally on Thursday, Ethereum ended the day at $456.65. It was a particularly bullish day. Ethereum rallied from an early morning intraday low $415.57 to a final hour intraday high $458.92. Ethereum broke through the first major resistance level at $426.80 and the second major resistance level at $436.44. It was the first closeout at $450 levels since September. At the time of writing, Ethereum was up by 0.07% to $456.95. A… Source link

Bitcoin price (BTC) appears to be taking a short breather after reaching a new 2020 high at $15,960 on Nov. 5. The 1-hour and 4-hour timeframe show the price compressing within a flag and throughout the majority of the trading day, the $15,500 level has held as support. $15,750 is the level Bitcoin needs to break in order to pursue another stab at $16,000.  BTC/USDT 4-hr chart. Source: TradingView Within the last hour, a dragonfly doji candle formed as the price swept low to test the lower… Source link

Litecoin price is gaining momentum above $60.00 against the US Dollar. LTC is likely to continue higher (similar to bitcoin) towards $70.00 or $75.00 in the near term. Litecoin started a strong rally above the $55.50 and $58.00 resistance levels against the US Dollar. The price is now trading nicely above the $60.00 level and the 100 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $54.00 on the 4-hours… Source link

A case of better late than never, the altcoin market is finally rallying behind Bitcoin, and Litecoin is following suit. With Bitcoin consolidating above $15,000 for the first time in 2020, LTC was trying to find its feet in the market. While uncertainty might plague its immediate trend, in the long-term Litecoin might re-test its February 2020 highs over the course of the next month. Litecoin 1-day chart Source: LTC/USD on Trading View Litecoin’s 1-day chart suggested a bullish breakout from… Source link

Vitalik Buterin. Source: a video screenshot. Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Ethereum news Ethereum (ETH) co-founder Vitalik Buterin has sent ETH 3,200, currently worth USD 1.2m, to the recently launched ETH 2.0 deposit contract. This makes him one of the first stakers and validators on the new Ethereum 2.0 blockchain, the first phase of which is expected to launch… Source link

The price of Bitcoin (BTC) is nearing $16,000 after achieving $15,960 on Binance. Following the dominant cryptocurrency’s rally, analysts are now looking toward Ether (ETH). The Ethereum blockchain’s native token has seen heightened momentum in the past week. After underperforming against BTC in October, the probability of a new ETH rally is beginning to increase. There are two key reasons why analysts expect Ether to perform strongly in the near term. First, the capital in the Bitcoin market… Source link

Bitcoin has surpassed $15,000 for the first time since a 2017 surge that ended with a crash. This time, investors such as billionaire hedge fund manager Howard Morgan are seeking to ride the cryptocurrency wave. The digital currency has more than tripled from the pandemic-induced low it struck in March, when global financial markets were shaken by the coronavirus crisis, to trade at $15,400 by Friday afternoon. Bitcoin’s stunning climb in recent weeks resembles the sharp… Source link