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Source: NewsBTC

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Analyst: Bitcoin’s Dominance Suggests Intense Crypto Market Rally is Approaching
Bitcoin’s dominance over the crypto market has remained steady for the past week, although it has been declining since the start of the year.

In order for altcoins to garner any type of immense momentum independent of that of BTC,… Read full article
1h ago
NewsBTC
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Bitcoin Rallied 300% Last Time This Signal Appeared. It Just Happened Again
After rallying as high as $10,400 earlier this week, Bitcoin plunged by nearly $2,000 in 24 hours on BitMEX. It was a move that liquidated over one hundred million worth of derivatives positions.

Analysts were quick to respond to the… Read full article
2h ago
NewsBTC
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Ethereum-Focused Hackathon Event Offers a Sneak Peek Into a DeFi Future
HackMoney Hackathon, a 30-day virtual Aave hackathon organized by Ethereum developer group ETHGlobal, has announced its three winning projects—Learn&Earn, a gamified online learning platform, YieldHero, a suite for managing Aave, and MagicBet, a no-loss betting platform that enables users to… Read full article
4h ago
NewsBTC
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Trading Activity Around Bitcoin’s Monthly Open Points to Retail FOMO
June has been off to a turbulent start for Bitcoin. The crypto rallied to highs of $10,400 at the start of the month before shedding $1,800 off its price in a brief decline to lows of $8,600 seen on some… Read full article
4h ago
NewsBTC
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Here’s Why Analysts Believe Bitcoin is Poised to Explode to $14,000
Following a sharp decline to $9,400 earlier today, Bitcoin has caught some upwards momentum that is now leading it up towards the five-figure price region.

This volatility does appear to be favoring buyers, as it has allowed Bitcoin to erase… Read full article
6h ago
NewsBTC
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Global Macro Investor: Explosive Ethereum Upmove Above $300 Clears Path to $500 ETH
Long positions in the second-largest cryptocurrency by market cap have gone parabolic, alongside the asset’s best use case. Bullish sentiment is picking up, and according to a global macro investor with over 25 years of market experience, Etheruem‘s chart looks… Read full article
7h ago
NewsBTC
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Surprising Positive Earnings Growth in Asia May Spark New Appetite For Bitcoin
UBS analysts expect Asia to be the only region that sees positive growth this year, and the return to strong earnings in the region could spark a renewed appetite for risk, and potentially, Bitcoin.

UBS Analysts Expect Positive Growth in… Read full article
9h ago
NewsBTC
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Dead Accurate Sell Signal Sets Up Ethereum For Epic Drop Against Bitcoin
Upon checking crypto Twitter, cryptocurrency sub-Reddits, and elsewhere in the crypto space, investors are exceptionally bullish on Ethereum compared to Bitcoin. Long positions in Ethereum continue to skyrocket, and the amount of ETH locked up in DeFi grows by the… Read full article
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Ripple Continues to Stall, While Stellar Pulls Away
Normally, Ripple’s XRP and Stellar’s XLM move in unison together. But over the last two months or so, a difference between the two assets is emerging.

The difference between $XLM and $XRP is becoming obvious. (Candles are $XLM and blue… Read full article
11h ago
NewsBTC
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Bitcoin Core Contributor Gleb Naumenko Receives $100,000 From BitMEX
Cryptocurrency exchange BitMEX announced that its $100,000 one-year grant has been awarded to Gleb Naumenko, a Bitcoin Core contributor and researcher. Awarded by HDR Global Trading, which owns BitMEX, the developer grant program complements the company’s efforts that support the… Read full article
12h ago
NewsBTC
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Provably Accurate Bitcoin RSI Confirms Potential Price Rally above $10.5K
Bitcoin could jump above its year-to-date high despite correcting by $1,500 on Tuesday.The upside prediction comes from the cryptocurrency’s 14-week Relative Strength Indicator.The technical indicator’s readings are above levels that maintain the market’s overall bullish bias, confirming a moderate buying… Read full article
13h ago
NewsBTC
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Bitcoin, Stocks Fall as Dollar Rebounds ahead of U.S. Trade Data
Spot bitcoin fell 1.45 percent to $9,501 as of 0900 UTC as the U.S. dollar rebounded from its seven-day plunge.The cryptocurrency’s downside move surfaced ahead of a fresh U.S. trade and unemployment data release at 0830 ET on Thursday.The U.S.… Read full article
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These Two Key Factors Show “Fireworks” in the Bitcoin Market Are Imminent
Bitcoin just saw a harsh $1,500 rejection at one of the most important resistance levels in the asset’s history. Though analysts remain long-term bullish, with one going as far as to say that market “fireworks” are in this market’s sights.… Read full article
17h ago
NewsBTC
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Ethereum Just Reversed And Likely Gearing For Another Lift-Off To $255
Ethereum is up close to 4% and it surpassed the $240 resistance zone against the US Dollar. ETH price is likely to continue higher towards the $250 and $255 resistance levels.

Ethereum reversed losses and climbed back from the $230… Read full article
18h ago
NewsBTC
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Litecoin Signaling Fresh Increase To $50: Here’s How It Could Refuel Bitcoin
Litecoin retreated from the $50.00 resistance and found support near $45.00 against the US Dollar.The price is currently rising and it could surge if it clears the $48.00 resistance.There is a major bullish trend line forming with support near $46.50… Read full article
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Technicals Suggest Bitcoin Needs To Clear $9,800 For Hopes of a Fresh Rally
Bitcoin is currently correcting higher from the $9,300 support against the US Dollar. BTC price must clear the $9,740 and $9,800 resistance levels to continue higher in the near term.

Bitcoin is currently showing a few positive signs above the… Read full article
23h ago
NewsBTC
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Why an Eerily Accurate Analyst Still Expects Bitcoin to Retrace To the $7ks
After the $1,500 drop that Bitcoin sustained just the other day, analysts are reconsidering their bullish skew on the crypto market.

One analyst went as far as to suggest that the cryptocurrency is poised to correct towards the $7,000s after… Read full article
1d ago
NewsBTC
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Analyst Claims “All Bets are Off” Once Bitcoin Breaks $10,500; Here’s What the Charts Say
Bitcoin has seen incredibly mixed price action in recent times, with its rally to $10,400 invigorating buyers while its decline from these highs has bolstered bulls.

Although its mid-term trend remains incredibly unclear, there are a few technical factors that… Read full article
1d ago
NewsBTC
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Analyst: Ethereum Bulls Still In Control at $240, Even Without “Real” Buying
After breaking out past $250 on June 1st, Ethereum saw a harsh rejection on June 2nd. The asset fell from over $250 to $225 in a matter of minutes, crushed as Bitcoin slipped by a similar amount on top exchanges.… Read full article
1d ago
NewsBTC
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These Factors Show Ethereum is Still Poised to Explode Past Yearly Highs at $290
Ethereum has entered a firm consolidation phase in the time following its recent bout of volatility.

This turbulence came about yesterday, with ETH’s buyers propelling it to highs of $255 before it lost its momentum and declined down to lows… Read full article
1d ago
NewsBTC
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CME Bitcoin Futures Post Strong Trading Session Amidst Market Chaos; What This Means
Bitcoin’s immense volatility seen yesterday caught investors and traders off guard, leading to over $200 million in positions to be liquidated. It also made it increasingly unclear as to how strong BTC’s recent uptrend truly is.

This volatility appears to… Read full article
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Peaceful Protestor Recommends Buying Bitcoin On Live TV To Opt Out Of Failed Monetary System
Following the pandemic and its impact on the economy, the mental health, and tensions of all global citizens, things in the United States have reached a boiling point. Widespread protests have erupted into the streets over the unjust passing of… Read full article
1d ago
NewsBTC
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World’s Highest Paid Podcaster Joe Rogan Uses the Crypto-Focused Brave Browser
Comedian Joe Rogan, the host of one the most popular podcast in the world, discussed online privacy in his most recent episode, saying that he uses the Brave browser to avoid being tracked.

With data protection becoming an increasingly important… Read full article
1d ago
NewsBTC
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Analyst: Bitcoin May See an Extended Bear Market Until September 2020
Bitcoin’s halving came and went, but no major uptrend has begun as crypto investors had been hoping. And although the leading crypto asset by market cap has rallied steadily from lows, another three-month-long downtrend and extension of the bear market… Read full article
1d ago
NewsBTC
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Correction Inevitable? Bitcoin Paints a ‘Shooting Star’ Pattern on Key Timeframes
The new weekly and monthly Bitcoin price candle kicked off with a powerful move to the upside, but yesterday was rejected with force.

Although it is extremely early in each trading session, the recent price action has left behind a… Read full article
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Cardano (ADA) Recovers After Market-Wide Crash, But Crucial Metrics Spell Trouble
The last few days have been quite dramatic in the cryptocurrency industry, for Bitcoin to Cardano.

On Monday, Bitcoin sliced through the $10,000 resistance level for the first time since the beginning of the year.

Following the upswing, some of… Read full article
1d ago
NewsBTC
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Grayscale’s Ethereum Trust Trading at Huge Premium, Shows YTD Returns of 679%
Data has shown that Grayscale’s Ethereum Trust is currently trading at a huge premium against ETH’s net asset value, indicating that there’s a fair amount of FOMO following it.

While it’s still hard to determine whether the huge increase was… Read full article
1d ago
NewsBTC
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Why BitMEX is Back Under Scrutiny Following Bitcoin’s Rejection at $10.4k
Following Bitcoin’s brutal dump at $10.4k, the inquest into what went wrong is taking place now.

Theories regarding whale manipulation consistently make the rounds during such times. But a more tangible explanation alleges that manipulation at derivatives trading platform, BitMEX… Read full article
2d ago
NewsBTC
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Holding Ripple’s XRP is “Not an Effective Strategy,” Argues Top Analyst
XRP, the underlying token of the Ripple’s flagship blockchain, is not a practical cryptocurrency for holding, said a top market analyst.The statements appeared in the wake of XRP’s dismissive performance in 2020 against its better-performing rivals, such as bitcoin.The analyst… Read full article
2d ago
NewsBTC
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A $10,000 Bitcoin Retest Likely as Dollar Loses Its Charm
Bitcoin repeatedly failed to hold its prices above $10,000 since February 2020.The cryptocurrency on Tuesday fell by more than $1,000 from its quarterly high above $10,400, logging another upside rejection above the $10K level.But a stark US dollar warning could… Read full article
2d ago
NewsBTC
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Why a Long-Time Bitcoin Proponent Thinks BTC Will Rally Over 3,000% in 5 Years
Bitcoin remains below the crucial resistances of $10,500 and $14,000 but that hasn’t stopped investors from speculating as to where BTC will top in the upcoming bull run.

One prominent executive and programmer in the space is speculating that a… Read full article
2d ago
NewsBTC
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Ethereum Breakdown Finds Support But Can ETH Reclaim $240?
Ethereum is down more than 5% as it broke the $240 support against the US Dollar. ETH price found support near $220 and it is currently correcting higher towards key hurdles.

Ethereum failed to continue above $250 and it started… Read full article
2d ago
NewsBTC
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KuMEX Becomes KuCoin Futures, ETH Contracts and More Features to Follow
Starting June 3, 2020, the KuMEX crypto futures trading platform will be rebranded as KuCoin Futures, announced the IDG-backed cryptocurrency exchange giant. In addition to the rebranding exercise, the platform will also be launching an Ethereum perpetual contract with 100x… Read full article
2d ago
NewsBTC
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Ripple (XRP) Showing Signs of A Significant Breakdown Below $0.20
Ripple failed to continue higher above $0.2150 and declined sharply against the US Dollar. XRP is showing bearish signs just like bitcoin and it could dive further below $0.2000.

Ripple traded as high as $0.2146 and recently started a sharp… Read full article
2d ago
NewsBTC
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Bitcoin Holds Strong at $9,300 But Turns Vulnerable For Bigger Decline
Bitcoin is down more than 6% and it trimmed most its gains above $10,000 against the US Dollar. BTC price is currently holding the key uptrend support at $9,300, but it is vulnerable to a larger decline.

Bitcoin failed to… Read full article
2d ago
NewsBTC
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Ethereum Is Poised to Surge Above $300 By the End of June, Top Trader Asserts
As of June 1st, Ethereum was up 25% in the past week alone. But right on cue, the cryptocurrency market saw a harsh correction on Tuesday morning that wiped out the gains seen on Monday.

Bitcoin crashed $1,500 in three… Read full article
2d ago
NewsBTC
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Legendary Technical Analyst Says Bitcoin Investors Should Be “Cautious”: Here’s Why
Just 24 hours ago, Bitcoin had rocketed back above $10,000 for the first time in weeks. It was a move that liquidated over $100 million worth of BitMEX shorts, shocking investors across the industry.

At the time, investors were extremely… Read full article
2d ago
NewsBTC
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Bitcoin Spot Market Could Exceed Daily Volume of All U.S. Equities in 4 Years At Current Growth Rate
According to the latest CoinMetrics report, if Bitcoin’s current growth rate can be maintained, its current daily volume from spot markets would need less than 4 years of growth to exceed the daily volume of all U.S. equities.

Latest CoinMetrics… Read full article
2d ago
NewsBTC
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