Bitcoin traders and investors have been nervously eyeing markets over recent days, with uncertainty on the rise after bitcoin decoupled from the stock market last week. The bitcoin price, up a staggering 50% on the last six months, looks set to close out 2020 as one of the year’s best performing assets. Bitcoin spiked to just over $14,000 per bitcoin late last month for the first time since the great 2017 bitcoin bubble popped in January 2018. Now, the bitcoin price has added 4% over the… Source link

There is still a level of uncertainty surrounding the Monero project If the Monero price jumps above $130 the next target could be located at $135 or even $150 As long the price of Monero is above $100 this cryptocurrency is not in the “sell” zone The price of Monero (XMR) is trading above $115 at the beginning of November and the technical picture implies that the price may advance again above $130. The current price is still far away from the XMR price predictions but if the… Source link

Bitcoin (BTC) has been on a tear and there’s no escaping it. But the majority of high-cap altcoins are seemingly suffering at the hands of this bull run, leading to the question: have we had our altseason already? Is it over or is there more to come? Multi-year resistance levels BTC/USD 12-hour chart. Source: TradingView  Bitcoin has been eating up multi-year resistance levels like Pacman on an amphetamine-induced rampage lately, smashing through $11,300, then $12,400 then $13,100 before Source link

Binance Coin saw rapid losses in the past few days, undoing most of last month’s gains. There is a likelihood it would post further losses in the coming days. Monero was trending lower in the short-term, yet an important level of support was not yet subject to intense scrutiny by the bears. Dash was trading beneath a level of support it recently lost and could retest it as resistance in the coming hours. Binance Coin [BNB] Source: BNB/USDT on TradingView Binance Coin was in an uptrend through… Source link

The price of Bitcoin (BTC) is experiencing a volatile time. After achieving $14,100 for the first time since 2017, a sharp pullback followed. Yet, key on-chain data and whale clusters show that high-net-worth individual investors are holding onto their positions. This trend shows that whales are not expecting a major pullback in the near term. A low level of activity from whales is a positive metric following a large uptrend. It shows that whales are not interested in selling BTC just yet and… Source link

Bitcoin Dominance was at 64.5, a rising trend in recent weeks. The altcoin markets continued to show weakness, as many crypto-assets showed bullish developments technically but the moves upward were short-term in nature and ultimately unable to shrug off bearish pressure. Litecoin was likely to trade at $50 in the coming days, while Cosmos showed a bullish divergence and could see a bounce of nearly 7%. Basic Attention Token could see a minor move upward in the coming hours before another… Source link

The official U.S. election results posted by the Associated Press will use two different blockchains to prove the results at any given time are official. AFP via Getty Images For the first time ever, the official U.S. Presidential election results will be posted on the ethereum and EOS blockchains by the Associated Press.  Beyond just posting the results though, the AP is using the blockchains behind the scenes in its own application programming interface (API), meaning… Source link

The price of Bitcoin (BTC) rose by 2% in just 30 minutes right as the United States’ stock market rang its opening bell on Nov. 3. During pre-market, the Dow Jones surged by over 350 points as the U.S. election day triggered massive volatility. The four reasons that likely led to a Bitcoin uptrend in such a short period are the election, a stocks upsurge, negative funding and rising exchange outflows. Hourly chart of Bitcoin. Source: TradingView.com Election triggers volatility The U.S. election… Source link

Bitcoin (BTC) was lower for a third straight day around $13,500, having fallen back from a fleeting 33-month high of $14,093 over the weekend. In traditional markets, Asian and European shares rose and U.S. stock futures pointed to a higher open. The yield on 10-year U.S. Treasuries increased 0.03 percentage point to 0.88%. Gold strengthened 0.2% to $1,899 an ounce.  Market Moves The U.S. presidential election is finally here. President Donald Trump’s Republicans are as convinced that… Source link

Bitcoin (BTC) is a recommended hedge against fiat currency inflation along with gold, one of its well-known critics now says. In an appearance on Rosenberg Research’s webcast series on Nov. 2, Jeffrey Gundlach, CEO of investment management firm DoubleLine, produced rare praise for Bitcoin. Bitcoin vs. gold 1-year chart. Source: Skew Gundlach tips Bitcoin and gold for fiat protection Gundlach, informally known as the “Bond King,” is no stranger to discussing Bitcoin, but had previously made… Source link