Tag: markets

Jan 19 2021

VeChain Poised for Higher Highs as Resistance Weakens

Jan 19 2021 Published at Crypto Briefing under tags  markets

Ethereum has stolen the spotlight after surging to new all-time highs, but other altcoins such as...

Long Bitcoin, Short Dollar Trades “Most Crowded,” Says Bank of America Survey

Jan 19 2021 Published at Crypto Briefing under tags  bitcoin bofa markets usd

A survey of investment managers with over $500 million under management shows the majority are bullish on Bitcoin and stocks but expect the dollar to succumb to inflationary...

First Mover: Ether Steals Limelight With New All-Time High Price as Bitcoiners HODL

Crypto traders shift focus to ether as second-largest cryptocurrency surges to new record price, but bitcoiners aren't going anywhere.

Ethereum Slices Through Critical Resistance Making New All-Time Highs

Jan 19 2021 Published at Crypto Briefing under tags  markets trading

Ethereum is ready to catch up with Bitcoin as its price broke through new all- time highs....

Ethereum’s Ether Cryptocurrency Sets New Price Record on Major Exchanges

Jan 19 2021 Published at CoinDesk under tags  ethereum markets news price

Ether (ETH) has broken its previous all-time high set in January 2018 with a rise to $1,439.

Bitcoin Becomes Most-Crowded Trade After Passing ‘Long Tech’: Bank of America Survey

Jan 19 2021 Published at CoinDesk under tags  bank of america bitcoin markets news surveys

Bank of America's January survey of fund managers indicated bitcoin is now seeing the most capital inflow.

South Korea’s Dunamu Launches Bitcoin ‘Fear and Greed’ Index to Guide Traders

Jan 19 2021 Published at CoinDesk under tags  coinflash dunamu markets news south korea

The tool is aimed to help traders make better decisions based on market sentiment.

Zilliqa Joins Bull Market, Shatters Consolidation Phase

Jan 19 2021 Published at Crypto Briefing under tags  markets trading

After breaking out of a bullish flag and a month-long consolidation period, Zilliqa is primed for another leg up. Further Gains on Zilliqa's Horizon The 214% bull rally between Dec. 14 and Dec. 27 created the pattern's flagpole. Meanwhile, the descending parallel channel that developed since...

Bitcoin’s Price Must Pass $40K to Halt Exodus of Traders: JPMorgan Analysts

A bearish outlook may be triggered if bitcoin doesn't claw its way back over $40,000, the analysts said.

Jan 18 2021

Biden Will Name Gary Gensler as SEC Chairman

Jan 18 2021 Published at Crypto Briefing under tags  markets sec us regulation xrp

President-elect Joe Biden has confirmed that he will name Gary Gensler as the next chairman of the U.S. Securities and Exchange Commission (SEC) in a new announcement. Gensler Will Become Next SEC Chair Gensler...

Key Indicator Suggests Major Bitcoin Correction in the Works

Jan 18 2021 Published at Crypto Briefing under tags  markets trading

After doubling in less than a month, Bitcoin bulls have dominated the narrative. Though further gains are likely, a particular on-chain metric suggests that the top is near. 1,000% Rally Without Any Major Corrections Bitcoin has enjoyed an impressive rally ever since the market crash in mid- March 2020. Following a 54% correction, known as...

Former Canadian Prime Minister Lists Bitcoin as Possible Future Reserve Currency

Jan 18 2021 Published at CoinDesk under tags  canada cbdcs markets news policy & regulation

Stephen Harper said "the number of things that people use as reserves will expand," but the U.S. dollar will still retain its dominant role.

Chainlink Hits Record High, Altcoins Rally Amid Bitcoin Consolidation

Jan 18 2021 Published at CoinDesk under tags  altcoins chainlink markets news

Chainlink's LINK token set a new record price early on Monday, and other altcoins are seeing solid gains.

Livecoin Exchange Announces Closure After December Hack

Jan 18 2021 Published at CoinDesk under tags  coinflash exchanges hacks livecoin markets

Following an alleged December breach, the trading platform now says it will close and repay users any remaining funds.

Bitcoin Struggles to Recover After Biggest Weekly Price Loss Since September

Jan 18 2021 Published at CoinDesk under tags  bitcoin markets news

Prices fell by 6% in the seven days to Jan. 17, a weekly fall not seen since the first week of September.

Jan 17 2021

Crypto Long & Short: No, Bitcoin Is Not in a Bubble

Commentators and analysts who say bitcoin is in a “bubble” show they don’t understand what the term means.

Bitcoin’s Massive Swings Give Pause to CFOs Mulling Reserve Investment: Bloomberg

Jan 17 2021 Published at CoinDesk under tags  bitcoin bloomberg markets news

Bitcoin’s 30% price correction was enough to give some CFOs second thoughts.

Coinbase Redoing Infrastructure to Prevent Outages During Peak Times

Jan 17 2021 Published at CoinDesk under tags  coinbase markets news outages

The exchange also said it's working to improve its customer service response time, another source of complaints.

Ethereum Takes Center Stage as ETH Edges to New Highs

Jan 17 2021 Published at Crypto Briefing under tags  markets trading

Ethereum looks primed to rise to new all-time highs after enduring a week-long consolidation period that helped flush out weak hands. Ethereum Prepares to Breakout Following a 27% correction that saw its market value plunge to $900 on Jan. 11, Ethereum entered a stagnation period. Its price has made a series of...

Jan 16 2021

Cardano Enters New Bullish Cycle Towards All-Time Highs

Jan 16 2021 Published at Crypto Briefing under tags  markets trading

The sixth-largest cryptocurrency by market cap, Cardano, has gained the buying pressure needed to resume its bull run following a steep correction. Now that sidelined investors have re-entered the market, ADA looks primed for new all- time highs. Cardano Prime for a Massive Bull Run Cardano broke out of an inverse head-and-shoulders formation after consolidating for more than two years. Moving past the $0.21...

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