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“# Top 5 cryptocurrencies to watch this week: BTC, BNB, ADA, BCH, LINK ” Bitcoin (BTC) has rallied about 90% year-to-date and has risen close to 191% from its March lows. The rise has been gradual without much fanfare, which suggests that crypto believers are the ones who have been buying in 2020. October’s monthly…
“# Impending pennant breakout sets Bitcoin price back on the path to $14,000 ” As the weekend approaches, Bitcoin (BTC) price appears set to close out the month with a remarkably strong performance which has many bulls calling for a new all-time high above $20,000 in the near future. Traders attribute these lofty estimates to…
“# Price analysis 10/30: BTC, ETH, XRP, BCH, LINK, BNB, DOT, LTC, BSV, ADA ” Bitcoin’s consolidation near a key overhead resistance is a sign of strength but the technical structure of most altcoins has weakened. <p>Bitcoin’s (BTC) dominance has risen from about 56% in early September to above 63%. This suggests that the market…
“# Price analysis 10/28: BTC, ETH, XRP, BCH, LINK, BNB, DOT, LTC, BSV, ADA ” Altcoins took a serious hit as Bitcoin dropped below $13K today, meanwhile, BTC’s macrostructure remains bullish. <p>The equity markets across Europe closed deeply in the red and the U.S. markets are also witnessing intense selling pressure as <a rel=”nofollow noopener…
“# ‘Where are the LINK Marines?’ Chainlink beats Bitcoin with 610% YTD returns ” Bitcoin (BTC) may be down less from its all-time highs than any other cryptocurrency, but 2020 has so far been the year of Chainlink (LINK). In the latest edition of its Weekly Insights report on Oct. 26, The TIE noted that…
“# Price analysis 10/26: BTC, ETH, XRP, BCH, LINK, BNB, DOT, LTC, BSV, ADA ” Bitcoin and altcoins are showing signs of short-term exhaustion, meaning a few days of consolidation could occur. <p>Morgan Creek Digital co-founder Anthony Pompliano highlighted data from Santiment, which showed that the 30-day rolling correlation between Bitcoin (BTC) and the S&P…
“# Price analysis 10/23: BTC, ETH, XRP, BCH, BNB, LINK, DOT, LTC, ADA, BSV ” Bitcoin is showing signs of profit booking, resulting in a slight downturn in altcoin prices. <p>PayPal’s crypto announcement acted as a trigger that drove Bitcoin (BTC) price to a new 52-week high. During such news-based events, traders holding short positions…
“# Chainlink brings Verifiable Randomness to Ethereum mainnet, keeps other chains in sight ” Chainlink’s verifiable randomness function, or VRF, has made its way to the Ethereum (ETH) main net. VRF will provide a decentralized source of randomness for the project’s decentralized ecosystem. A trusted source of randomness is essential for many applications, such as those…
“# Price analysis 10/21: BTC, ETH, XRP, BCH, BNB, LINK, DOT, LTC, ADA, BSV ” Bitcoin hit a new 2020 high and altcoins rallied as PayPal announced that it will support crypto payments. <p>The crypto markets are cheering PayPal’s decision to allow its customers to use cryptocurrencies to shop from its vast merchant network. PayPal…
“# Price analysis 10/19: BTC, ETH, XRP, BCH, BNB, LINK, DOT, ADA, LTC, BSV ” Bitcoin price may rise to a new 52-week high if it can break above the ascending channel and this move could ignite the altcoins. <p>Crypto market sentiment appears to be improving across the board and the global push to mainstream…