The “Coinbase effect” has just been observed for two of three tokens freshly listed on the exchange’s Pro platform.
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Category: Bounce
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Markets Update: Coinex Dominates Volume Rankings As Markets Rally to $6,600
The bitcoin markets have rallied after having produced 48 hours of steady consolidation following the recent bounce off support at approximately $5,800. Looking at the 24-hour volume rankings, Coinex has suddenly emerged as a strong market leader, claiming to have hosted $1.5 billion in trade in single day – over $1 billion of which purportedly […]
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Taiwan Mining Chip Manufacturer Sees Record Sales Amid BTC Bounce
The world’s largest independent semiconductor manufacturer, Taiwan Semiconductor Manufacturing Company (TSMC) has reported record sales during March 2018. TSMC’s president has attributed the company’s performance in part to demand for the hardware required to mine cryptocurrencies. Also Read: Bitcoin Cash Smashes Through $1,000 USD World’s Largest Semiconductor Manufacturer Reports Record Sales During a recent shareholder conference […]
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Pantera Capital Predicts Record BTC Prices Within 12 Months
Pantera Capital Management, a leading investor in the cryptocurrency sector, has predicted with “strong conviction” that bitcoin has established a local bottom. The fund anticipates that $6,500 will comprise the low of the current bear market, anticipating that the markets are likely to break into new all-time highs within 12 months. Also Read: These Countries Won’t […]
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Markets Update: Long-Term Signals Suggest Bullish Bounce Imminent for BTC
Many technical signals are indicating that the BTC markets may experience a bullish move in coming days following several weeks of heavy selling. Despite longer-term price action and stochastic RSI suggesting an oncoming move up, the immediate price action tells a more tenuous story – with BTC currently testing a critical area. Also Read:Dead again? […]
The post Markets Update: Long-Term Signals Suggest Bullish Bounce Imminent for BTC appeared first on Bitcoin News.
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