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U.S. investment bank Oppenheimer’s analyst says gold is “extended” and has “run up a bit,” bringing attention to bitcoin instead. He sees the cryptocurrency reversing its downtrend from the $20K peak, benefiting from the dollar’s weakness.Oppenheimer Analyst on Bitcoin vs GoldAri Wald, head of technical analysis at Oppenheimer, a
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Place/Date: New Delhi, India - July 28th, 2020 at 1:00 pm UTC · 3 min read Contact: Abhinav Agarwal, COO, Source: Quantum Economics Mati Greenspan’s Quantum Economics has partnered with major Indian crypto media group CoinGape to provide quality cryptocurrency analysis. As a
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Ethereum’s Ether is recovering and trading above the $235 resistance against the US Dollar. ETH seems to be preparing for a crucial upside break above $238 and $240.Ether is recovering from the $232 support and trading above $235.The price is now approaching the main $238 and $240 resistance levels.There is
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Telecom, Argentina's largest telecommunications company, has fallen victim to a ransomware attack. Hackers are demanding $7.5 million in Monero (XMR) — an amount that will rise to $15 million if the company does not pay within 48 hours.Argentina's major telephone company, Telecom, just got hacked. Hackers requesting a ransom of
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A prolonged period of low volatility is setting Bitcoin towards a big price move. The short-term bias for the cryptocurrency remains neutral as it trades inside a $300 trading range. Nevertheless, three separate technical indicators put Bitcoin at the risk of breaking lower towards $8,500. Buckle up, Bitcoin traders! The sailing from here could
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Chainlink plunged during the Thursday trading session in what appears to be a sell-off caused by profit-takers. The latest decline appeared as a part of a downside correction that started a day after Chainlink set an all-time high at $8.93. Meanwhile, favorable fundamentals in the form of new strategic partnerships kept the
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Ethereum has been trading in close tandem with Bitcoin throughout the past several days and weeks, and this correlation isn’t showing any signs of breaking. It now appears that buyers may be laying the groundwork for ETH to see a notable upswing, however, as the crypto is currently on the cusp
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Crypto and blockchain experts now have something new to save up for — a line of techie-style Rolls Royce cars, each complete with a cryptographic puzzle. As crypto prices pop off, participants may begin asking "When Rolls?" instead of the popular 2017 phrase, "When Lambo?"Leaving a fair bit of detail
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Ethereum has flashed some significant signs of strength after posting an intense recovery yesterday.The cryptocurrency is now back within the boundaries of its multi-month trading range, and buyers appear to be attempting to establish its recent lows as a long-term bottom.Overnight, sellers pushed it as low as $222 – just
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Quick take:June was a relatively stable month for Bitcoin and July looks set to follow a similar path. The lack of volatility by Bitcoin is forming a Bollinger squeeze that could be followed by a major move in either direction. At the time of writing this, there is a 50/50 chance it
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