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Ethereum Just Flipped a Crucial Level Into Support, Setting Stage for Explosive Rally

Ethereum, despite what you may think, did not see a positive 2019. The second-largest cryptocurrency by market capitalization registered a slightly negative performance in 2019, which was starkly contrasted by Bitcoin’s yearly gain of…
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Central Banks’ “Free Money” is Behind Bitcoin Bull Run: Mati Greenspan

A portion of fresh cash liquidity supplied by the global central banks has made its way into the bitcoin market, says Mati Greenspan, the founder of Quantum Economics. The prominent market analyst told BlockTV that the cryptocurrency – more…
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Binance Coin Rises on the Day Bitcoin Fails to Sustain above $10K

Even though the valuation of all the cryptocurrencies combined fell by circa $8 billion on Monday, Binance Coin (BNB) emerged as a winner. As of 1332 UTC, the ninth-largest crypto was trading at $24.81, up 1.68 percent into the day. It nevertheless…
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Three Reasons Why Bitcoin is Bearish, Explains Analyst

Bitcoin may have surged bombastically heading into 2020 but one analyst thinks the cryptocurrency is going to fall back. Options trader Dyme said bitcoin is entering a “perfect bearish setup,” listing three converging negative indicators…
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How XRP Price Could Plunge to Fresh Lows With BitMEX’s New Swap Launch

On January 23rd, leading Bitcoin derivatives exchange BitMEX revealed its intent to launch a new financial product for XRP. In a blog post, the company said that this product would be a “Ripple USD quanto swap,” which will allow…
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The Last Time Bitcoin Showed This Formation, It Dropped to $6,000

The bitcoin price rejected $9,500, a multi-year resistance it has been teasing with throughout the past two weeks. The last time it rejected at this level in a similar pattern, it dropped to the $6,000s. Current fractal akin to 2018 price trend…
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Three Catalysts that Could Send Bitcoin Price Higher in February

It is February 1 and bitcoin is up by a modest 0.52 percent. The benchmark cryptocurrency left an impressive month behind in January, returning 30.27 percent in profits against an otherwise gloomy global market outlook. The wild move upside…
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This Billionaire Bitcoin Investor Gives 3 Catalysts That Could Send Price Flying

Bitcoin has undoubtedly been on a tear over the past 45 or so days. Since hitting $6,400 in December, BTC has surged by almost 50%, hitting a local high of $9,550 on Thursday. According to Mike Novogratz — a Wall Street name who used to be…
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Analyst: Bitcoin Dips Are Bought at a Remarkable Rate, Making $10k Imminent

Every bitcoin dip is being bought at a remarkable rate says top trader Filb Filb. The strong momentum of BTC above a key resistance level at $9,000 positions BTC for a potential upsurge to $10,000. Bitcoin is recovering at a faster pace than…
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Ethereum DApps Saw 1.2m New Users in 2019: It’s Tremendous For Long-Term Price Trend

Decentralized Applications (DApps) on the Ethereum network recorded over 1.2 million new users in 2019. Continuous growth of the ETH ecosystem is an essential fundamental factor for its long-term price trend. Report shows there is fast growth…