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Cryptocurrency market prices have improved a great deal since our last market update, as the overall market capitalization of all 5,700+ coins has gained $16 billion since June 14. Most of the top digital assets have remained in a consolidated cycle and a great number of cryptos have been able to hold above their 50-day […]
The post Market Update: Crypto Assets Slowly Gather Gains, Bitcoin Needs Capital Inflow, ADA Jumps 85% appeared first on Bitcoin News.
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Bitmain cofounder Jihan Wu’s recent interview discusses some of his predictions concerning the future of bitcoin, mining, the bitcoin halving, and the cryptoconomy. Despite the coronavirus outbreak and its effect on the global economy, Wu is optimistic and he believes the modern central banks’ loose monetary policy infecting the world will bolster the value of […]
The post ‘Bull Run May Not Come Immediately After Bitcoin Halving,’ Says Bitmain’s Jihan Wu appeared first on Bitcoin News.
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Should you buy bitcoin or bitcoin cash? Does tezos have further room to grow? Is monero a long-term hold? There are no absolute answers to these questions and no crystal ball to determine which crypto will pull a 5x before the year’s out. Based on fundamentals alone, however, here are some reasons why you might […]
The post The Bull and Bear Case for Investing in the Top 20 Cryptocurrencies appeared first on Bitcoin News.
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Cryptocurrencies have gained significant value over the last few weeks and it’s causing exuberance among digital currency proponents. Now a number of traders and influencers believe bitcoin and other coins are in bullish territory. Despite the surge to $13K last July and the deep pullback that followed, BTC investors and influencers have no issue believing […]
The post $10K Bitcoin Prompts Influencers to Call a Bull Market appeared first on Bitcoin News.
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Dan Morehead, the chief executive officer of Pantera Capital, recently discussed the cryptocurrency bear trend on an episode of the Unconfirmed podcast. Morehead argued that the crypto sector has much more robust fundamentals than it did during the previous bear trend, asserting that the industry has developed the infrastructure necessary in order to attract institutional […]
The post Pantera Predicts Institutions to Invest in Crypto After Next Bull Trend is Established appeared first on Bitcoin News.
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Many cryptocurrencies rose and fell during the 2017 bull market and subsequent year of bearish retracement. While the top four crypto assets by market cap have remained the same over the last two years, more than half of the leading markets as of Feb. 19, 2017 have since fallen from the top 15. Also Read: Markets […]
The post Most of 2017’s Leading Cryptocurrencies by Market Cap Have Crashed Out of the Top 15 appeared first on Bitcoin News.
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The cryptocurrency markets are trading at significant long-term price areas, with BTC currently channeling between key levels from the 2017 bull run. In other market action, BCH and ETH have continued to consolidate above the $100 area. Also Read: ETF Filed With SEC to Invest in Bitcoin Futures, Bonds, and Mutual Funds BTC Trades Between Major […]
The post Markets Update: Cryptocurrencies Test Key Levels From 2017 Bull Trend appeared first on Bitcoin News.
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While the second half of May has been burdened by a sustained downtrend, today’s price movements could be seen as a spark for a reversal. After reaching initials lows earlier in the day of just above US$7,000, Bitcoin saw a huge jump to above $7,400, and is continually inching higher. If things play out well, this could lead to a summer frenzy, similar to was witnessed at this time last year. In the month of April, Bitcoin saw an almost 50% growth- from lows of US$6,600 to local highs above $9,600. While this was a strong indication that the bearPowered by WPeMatico