These 3 Trends Suggest Bitcoin Is Poised to Bounce After $1,000 Drop
Bitcoin has seen a slight recovery since the Friday lows of $11,400. The asset now trades for $11,600
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Why Ethereum is Poised for a Pullback Following Sharp Rejection at $320
Ethereum has been caught within the throes of an intense uptrend throughout the past few days, with its
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Binance Pool Poised to Grab More Bitcoin Mining Hash Rate in Russia
Binance is looking to consolidate more bitcoin mining hashrate to its pool in Russia and the Central Asia region. The world’s largest crypto exchange is deploying a physical server node for its pool at BitRiver, the largest bitcoin mining hosting provider in Bratsk, Russia. The move would give miner owners
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Ethereum Poised to Resume Uptrend As Crucial On-Chain Metrics Turn Bullish
Ethereum entered a consolidation period over the past week that has led to the formation of a descending triangle on its 4-hour chart. A horizontal trendline developed along with the swing lows while a descending trendline formed along with the swing highs. The continuation pattern estimates that a spike in demand
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Bitcoin Price Poised for ‘Imminent’ Breakout As Network Hashrate Hits Record Highs
The price of bitcoin could see an ‘imminent’ breakout, according to the latest Glassnode data.The data firm says bitcoin (BTC) has been flashing bullish for the past six weeks amid positive onchain activity.Meanwhile, the BTC network hashrate has continued to grow, with the seven-day average reaching 123.4 exahash per
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Ethereum Poised to Rally as Options Volume Hits Fresh All-Time High
Ethereum has been closely tracking Bitcoin’s price action throughout the past several days and weeks, which exposed it to some intense downwards pressure yesterday.It has been able to post a swift recovery from its daily lows, and has remained firmly within its long-held consolidation phase within the $230 to $250
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Ethereum Is Poised to Erupt 200% to $750, Crucial Indicator Shows
Bitcoin may be down 50% from its all-time highs, but Ethereum has registered an even more harrowing performance. Even after rallying approximately 175% from the March lows, the asset remains more than 80% below its all-time high of $1,430.Some have remarked that the asset’s inability to recover is a death
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Kyrgyzstan Poised to Legitimize Crypto Mining
[sociallocker id="55298"] Lawmakers in the Kyrgyz Republic are considering a bill to tax and regulate cryptocurrency mining activities. The bill, On Amending the Tax Code of the Kyrgyz Republic, seeks to increase government revenue by establishing taxation obligations for miners, in addition to establishing clear definitions for the terms ‘virtual assets’
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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 of $230.Bitcoin triggered this movement, as the benchmark cryptocurrency first rallied
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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 minutes on BitMEX, while other cryptocurrencies such as ETH experienced losses
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