consolidation

Top 5 Cryptos Other Than Bitcoin This Week (Mar 29): XMR, BNB, HT, CRO, BSV

Source Node: https://cointelegraph.com/news/top-5-cryptos-other-than-bitcoin-this-week-mar-29-xmr-bnb-ht-cro-bsv
Time Stamp: April 5, 2020 12:27 PM - Modified On: May 21, 2021 - Published By:
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Consumer attitudes are changing towards banknotes and credit cards as reports suggest that the deadly coronavirus can spread by their use. The Bank of International Settlements (BIS) has, therefore, urged the central banks to consider developing central bank digital currencies (CBDCs). BIS believes that under the current circumstance, CBDCs will quickly gain prominence. However, it has warned that this move could have a “severe impact on unbanked and older consumers.”  Chamath Palihapitiya, the billionaire CEO of venture capital firm Social Capital, believes that the setting is right for Bitcoin (BTC) to

Bitcoin Price Prediction: BTC/USD Extends Sideways Grind Below $7,000 Level

Source Node: https://insidebitcoins.com/news/bitcoin-price-prediction-btc-usd-extends-sideways-grind-below-7000-level/256603
Time Stamp: April 5, 2020 12:25 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin (BTC) Price Prediction – April 5The technical indicator RSI (14) is currently moving in sideways, reflecting that the Bitcoin price is in a consolidation mode.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $7,800, $8,000, $8,200Support Levels: $5,700, $5,500, $5,300BTCUSD – Daily ChartBTC/USD added around 2% and closed at $6,890 yesterday, at the moment, the coin is currently erasing the majority of its gains. As of writing, the Bitcoin (BTC) hovers at $6,780 which is down with 1.38% on a daily basis. For now, the price is seriously struggling in

Top 5 Cryptos Not Named Bitcoin This Week (Mar 29): XMR, BNB, HT, CRO, BSV

Source Node: https://cointelegraph.com/news/top-5-cryptos-other-than-bitcoin-this-week-mar-29-xmr-bnb-ht-cro-bsv
Time Stamp: April 5, 2020 12:24 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Consumer attitudes are changing towards banknotes and credit cards as reports suggest that the deadly coronavirus can spread by their use. The Bank of International Settlements (BIS) has, therefore, urged the central banks to consider developing central bank digital currencies (CBDCs). BIS believes that under the current circumstance, CBDCs will quickly gain prominence. However, it has warned that this move could have a “severe impact on unbanked and older consumers.”  Chamath Palihapitiya, the billionaire CEO of venture capital firm Social Capital, believes that the setting is right for Bitcoin (BTC) to

Staking, Consensus and the Pursuit of Decentralization

Source Node: https://cointelegraph.com/news/staking-consensus-and-the-pursuit-of-decentralization
Time Stamp: April 4, 2020 3:02 PM - Modified On: May 21, 2021 - Published By:
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Oh, the wonders of decentralized consensus — that dream of permissionless blockchains to be censorship-resistant, trustless, collaborative and egalitarian for a potentially global community of users. While lofty in ideals, consensus is foundational for each crypto network, which must agree upon that most basic question of who decides what on the network.Decentralized consensus in the form of a proof-of-work mechanism was at the core of Satoshi Nakamoto’s innovation when creating Bitcoin — all additional protocol elements stem from PoW’s ability to reach consensus regarding the digital ledger through the computational work

Crypto Community Largely Approves of Binance Acquiring CoinMarketCap

Source Node: https://cointelegraph.com/news/crypto-community-largely-approves-of-binance-acquiring-coinmarketcap
Time Stamp: April 4, 2020 1:31 PM - Modified On: May 21, 2021 - Published By:
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Despite markets all over the world facing ever-worsening economic troubles amid the ongoing coronavirus pandemic, it seems as though the crypto industry has been able to weather the storm, at least thus far. In this regard, Binance — the world’s largest cryptocurrency exchange — has recently reached an agreement to acquire CoinMarketCap, one of the most prominent crypto data websites.The official announcement was made by both companies on April 2, with Binance CEO Changpeng Zhao telling Cointelegraph that CMC and Binance have from the very start been working to make

Litecoin Price Prediction: LTC/USD Facing the Ultimate Make or Break Test at $42

Source Node: https://insidebitcoins.com/news/litecoin-price-prediction-ltc-usd-facing-the-ultimate-make-or-break-test-at-42/256557
Time Stamp: April 4, 2020 12:03 PM - Modified On: May 21, 2021 - Published By:
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LTC Price Prediction – April 4LTC/USD is currently facing the ultimate breakout dilemma; would the breakout rally to $50 or a breakdown to $30?LTC/USD MarketKey Levels:Resistance levels: $50, $52, $54Support levels: $30, $28, $26LTCUSD – Daily ChartLTC/USD has mainly underperformed since recovery was staged from the lows posted a few weeks ago. While the price crash has been devastating for traders, the LTC/USD recovery has not occurred compared to other major cryptocurrencies in the market. On the other hand, Litecoin only succeeded in testing the resistance at $43 without much

Bitcoin Price Prediction: BTC/USD Failed Breakout; Price Remains Below $6,800

Source Node: https://insidebitcoins.com/news/bitcoin-price-prediction-btc-usd-failed-breakout-price-remains-below-6800/256526
Time Stamp: April 3, 2020 6:41 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin (BTC) Price Prediction – April 3At the moment, BTC/USD dropped by a total of 0.65% within 24 hours as it trades at the $6,760 level.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $7,800, $8,000, $8,200Support Levels: $5,800, $5,600, $5,400BTCUSD – Daily ChartThe daily chart reveals that BTC/USD failed to break the upper boundary of the ascending channel with the current consolidation pattern once again as it fails to close above the $6,800 level. The Bitcoin (BTC) started the day off by trending higher toward the $7,000 level only to

Ripple Price Prediction: XRP/USD Prints a Bearish Pattern despite Touching $0.18 Level

Source Node: https://insidebitcoins.com/news/ripple-price-prediction-xrp-usd-prints-a-bearish-pattern-despite-touching-0-18-level/256502
Time Stamp: April 3, 2020 1:12 PM - Modified On: May 21, 2021 - Published By:
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XRP Price Prediction – April 3Ripple price technical picture is healthy but a rising wedge pattern could force a free-fall to $0.16.XRP/USD MarketKey Levels:Resistance levels: $0.21, $0.22, $0.23Support levels: $0.15, $0.14, $0.13XRPUSD – Daily ChartToday, XRP/USD impressively cleared the resistance at $0.18. The surge followed stability and brief consolidation above $0.17 level. However, XRP/USD is trading at $0.177 at the time of writing as the coin is losing 0.84% on the day. Meanwhile, the surge above $0.18 hit a wall at $0.183, giving way to selling pressure which forced the

Bitcoin Price Prediction: BTC/USD Came Close to $7,000 but the Bulls May Have to Wait a Bit

Source Node: https://insidebitcoins.com/news/bitcoin-price-prediction-btc-usd-came-close-to-7000-but-the-bulls-may-have-to-wait-a-bit/256465
Time Stamp: April 3, 2020 12:28 PM - Modified On: May 21, 2021 - Published By:
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Bitcoin (BTC) Price Prediction – April 3The Bitcoin (BTC) has recovered from the recent low on approach to $6,700 but the Bulls may have trouble taking the price above $7,000.BTC/USD Long-term Trend: Bullish (Daily Chart)Key levels:Resistance Levels: $7,800, $8,000, $8,200Support Levels: $5,800, $5,600, $5,400BTCUSD – Daily chartBTC/USD resumed the upside trend after a short-lived retreat to $6,736 during early Asian hours. At the time of writing, BTC is changing hands at $6,828 and the upside momentum is gaining traction. A sustainable move above $7,000 will bring $7,300 back into focus

Ethereum Price Analysis: ETH Consolidates Below $140 Resistance, a Breakout Likely

Source Node: https://coinfomania.com/ethereum-price-analysis-eth-below-140-resistance/?utm_source=rss&utm_medium=rss&utm_campaign=ethereum-price-analysis-eth-below-140-resistance
Time Stamp: April 2, 2020 8:36 AM - Modified On: August 29, 2021 - Published By:
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Key Highlights Ethereum is now in a tight range between $120 and $140 Currently, the key levels remain unbroken Ethereum (ETH) Current Statistics The current price: $138.05 Market Capitalization: $15,233,939,691 Trading Volume: $13,027,554,720 Major Resistance Zones: $175, $200, $225 Major Support Zones: $125, $100, $75 Ethereum (ETH) Price Analysis April 02 Yesterday, Ethereum (ETH) rebounded from a low of $129 to a high of $$137. The upward move fell short of the bullish momentum to break the $140 overhead resistance. The market has been in consolidation since March 12. Initially,

Price Analysis April 1: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO

Source Node: https://cointelegraph.com/news/price-analysis-april-1-btc-eth-xrp-bch-bsv-ltc-eos-bnb-xtz-leo
Time Stamp: April 1, 2020 3:00 PM - Modified On: August 29, 2021 - Published By:
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The Dow Jones Industrial Average had its worst first quarter on record. Compared to that, Bitcoin only fell about 10% over the same period, which shows clear outperformance. The resilience of Bitcoin (BTC) in the current crisis shows that it has arrived on the big scene and that it can weather a storm better than some of the traditional asset classes. This is likely to attract several institutional players to Bitcoin.Now, what can we hope for during the second quarter? Bitcoin has a very important halving event coming up next