weekly

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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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

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

Bitcoin Flips Bullish — But Here’s Why BTC Price May Still Hit $3.9K

Source Node: https://cointelegraph.com/news/bitcoin-flips-bullish-but-heres-why-btc-price-may-still-hit-39k
Time Stamp: April 5, 2020 7:21 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Bitcoin (BTC) price has gained more than 10% in the last week, giving bulls some hope that the road ahead is a bright one for the leading digital asset.However, despite an effort to blast through the critical resistance level of $7,200 as mentioned in last week’s analysis, there was a huge rejection bringing home the reality that perhaps it may be a little too soon to be expecting a miraculous bounce back to the $8,000+ levels. Daily crypto market performance. Source: Coin360.com$5,500 then moon?BTC USD daily chart. Source: TradingViewI think it’s

Bitcoin Price Struggling to Break $7K — Here’s the Worst-Case Scenario

Source Node: https://cointelegraph.com/news/bitcoin-price-struggling-to-break-7k-heres-the-worst-case-scenario
Time Stamp: April 4, 2020 10:06 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The price of Bitcoin (BTC) has seen a relatively stable week, as BTC/USD has been hovering between $6,000 and $7,300.However, due to the low volatility, the volume also diminished, which is a sign of a big move in the works. What can be expected of the markets while the coronavirus pandemic is taking a toll on the global economy?Crypto market daily performance. Source: Coin360Bitcoin hovering against crucial resistance for bullish momentumThe price of Bitcoin is hovering against the crucial resistance for bullish momentum. A clean break above the resistance of

Bitcoin Stays Below $7K as Tone Vays Predicts Price Breakout in April

Source Node: https://cointelegraph.com/news/bitcoin-stays-below-7k-as-tone-vays-predicts-price-breakout-in-april
Time Stamp: April 4, 2020 5:31 AM - Modified On: May 21, 2021 - Published By:
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Bitcoin (BTC) began the day down 2% on April 4, but one trader remained confident in a bullish scenario unfolding next week.Cryptocurrency market daily overview. Source: Coin360Vays: I’ll buy BTC at $6,400Data from Coin360 and Cointelegraph Markets showed BTC/USD failing to establish support at $7,000 as the weekend began. On Friday, the pair returned to the $6,000 zone, hitting daily lows of $6,630 before a slight rebound to press time levels nearer $6,800.Bitcoin 1-day price chart. Source: Coin360Despite encouraging signs from investors, price momentum remained decidedly weak for Bitcoin, with bullish

Price Analysis April 3: BTC, ETH, XRP, BCH, BSV, LTC, EOS, BNB, XTZ, LEO

Source Node: https://cointelegraph.com/news/price-analysis-april-3-btc-eth-xrp-bch-bsv-ltc-eos-bnb-xtz-leo
Time Stamp: April 3, 2020 2:19 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

On April 2 the U.S. Labor Department reported that the U.S. weekly jobless claims skyrocketed to 6.6 million. In the previous week, the claims stood at 3.3 million, meaning over the past two weeks the number of laid off American workers seeking unemployment benefits has reached 10 million. If the numbers continue to grow, the government and Federal Reserve is likely to announce another round of stimulus measures.All the money printing is likely to erode the value of the US dollar. In such a case, the investors will search for

Bitcoin Surges by 10%, Gold and Stocks Also in the Green

Source Node: https://www.bitcoinmarketjournal.com/bitcoin-surges/
Time Stamp: April 2, 2020 4:58 PM - Modified On: August 29, 2021 - Published By:
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We’ve been seeing new hockey stick graphs every day lately and today is no exception. The weekly jobless data just came out from the U.S. and the numbers were even worse than any analysts had guessed. This chart shows the number of Americans who filed for unemployment for the first time last week. Notice that the number is almost exactly double the average analyst forecast (gold bar). In total for the last two weeks, that makes nearly 10 million people out of work due to the virus fears. That’s about

Bitcoin Price Soars 15% to $7.2K But Breaking $8K Won’t Be Easy

Source Node: https://cointelegraph.com/news/bitcoin-price-soars-15-to-72k-but-breaking-8k-wont-be-easy
Time Stamp: April 2, 2020 1:43 PM - Modified On: August 29, 2021 - Published By:
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Republished By Plato

Bitcoin (BTC) is trading at $7,106 representing an impressive 14.7% gain in the last 24 hours and 6.8% for today. Other global markets are also up off the back of President Trump’s comments around the likelihood that crude oil production will be cut back, which is one of the triggers which caused Bitcoin to slide from $9K to $8K in early March.Looking at performance relative to its peers, Ether (ETH) and XRP both continue to underperform versus Bitcoin as was the case last week. Bitcoin dominance remains at 66%. Cryptocurrency market