Cryptocurrency Analysis and News Portal
Bitcoin (BTC) can “very easily” hit $50,000 during 2020, the CEO of one cryptocurrency industry business has told mainstream media. In an interview with Bloomberg in Berlin on Jan. 3, Antoni Trenchev, head of Bitcoin lending platform Nexo.io, said Bitcoin price growth since its inception was almost unlike anything ever
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Ethereum is down more than 2% and it is now well below $130 against the US Dollar.Bitcoin price weakened around 3% and it broke the key $7,000 support.Yesterday’s key bearish trend line is active with resistance near $131 on the hourly chart of ETH/USD (data feed via Kraken).ETH could continue
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Bitcoin (BTC) will hit $12,000 in 2020 as markets recover from fresh suppression, one of its most outspoken investors has said.Mike Novogratz, co-founder of cryptocurrency merchant bank Galaxy Digital, made the “$btc finishes over 12k,” remark as part of his new year predictions in a tweet on Dec. 28.Novogratz
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Bitcoin (BTC) gained fresh rare support from mainstream media on Dec. 20 after CNBC entertained the idea of a $250,000 in the coming years. In an episode of the network’s Fast Money segment, several well-known Bitcoin bulls collaborated to present a buoyant picture of the cryptocurrency’s future. Kelly sympathizes with Draper’s
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After this week was pretty bearish for Bitcoin, it finally turned its way upwards. Some of the merits go to the crypto derivatives platform ErisX that started with its physically settled Bitcoin futures contracts, launching only the second such product suite in the U.S. However, only after Wednesday it went
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Bitcoin (BTC) passed $7,200 a second time on Dec. 19 as previous bearish moves gave way to a return to higher levels.Cryptocurrency market daily overview. Source: Coin360BTC shows signs of a bullish comebackData from Coin360 and CryptoX Markets showed BTC/USD holding ground recovered above the $7,000 mark late on
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Ethereum is down 5% again today and it broke the $130 support area against the US Dollar.The price is now trading near key support levels such as $120 and $122.There is a short term bearish trend line forming with resistance near $126 on the hourly chart of ETH/USD (data feed
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Bitcoin (BTC) briefly fell back below $7,200 on Dec. 14 as bearish sentiment continued to pervade cryptocurrency markets.Cryptocurrency market daily overview. Source: Coin360Bollinger: Bitcoin preparing for next breakoutData from Coin360 showed BTC/USD hit a sharp downturn on Saturday, losing around $70 in a matter of minutes and abandoning ground
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Blockchain project EOS started this week on a negative note after an independent agency downgraded its rating from B to C-.Weiss Crypto Ratings published a report on December 6 wherein it demoted EOS to lower ranks over its centralization. The agency noted that just 0.01 percent of the EOS token
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Texas-based data center provider CyrusOne has reportedly fallen victim to an attack from REvil (Sodinokibi) ransomware, business tech-focused publication ZDNet reported on Dec. 5.One of the largest data centers in the United States, CyrusOne has reportedly been exposed to an attack by a variant of the REvil (Sodinokibi) ransomware,
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