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News

Hyperbitcoinization Comes into Focus During the Bitcoin Halving

Author: Peter Chawaga | Website: Bitcoin Magazine
Publish on: 05/29/2020

The third-ever Bitcoin Halving was a chance to celebrate and explore one of Bitcoiners’ favorite topics: hyperbitcoinization.
The post Hyperbitcoinization Comes into Focus During the Bitcoin Halving appeared first on Bitcoin Magazine.

Analysts Foresee a Harsh End to Bitcoin’s Uptrend if It Losses $9,350

Author: Cole Petersen | Website: Bitcoinist
Publish on: 05/29/2020

Analysts believe that the uptrend Bitcoin saw yesterday may soon come to a harsh end following the cryptocurrency’s swift rejection within the upper-$9,000 region This marked yet another rejection at this heavy resistance level, and also points to some underl…

Coinbase Investor and Fundstrat Analyst Explain Why Goldman Sachs Is Incorrectly Assessing Bitcoin

Author: Cointelegraph By Jackson Dumont | Website: Cointelegraph
Publish on: 05/29/2020

Here’s why Goldman’s approach to Bitcoin is ‘stale’ and ‘hasn’t evolved much.’

S&P 500 Sell Signal May Drag Bitcoin Back Toward Black Thursday Lows

Author: Tony Spilotro | Website: newsBTC
Publish on: 05/29/2020

The lingering correlation between Bitcoin and the S&P 500 may be soon coming back to haunt the cryptocurrency market if a chillingly accurate sell signal sends the major US stock index tumbling back towards Black Thursday lows. Could the correlation cause the…

Cardano and Ethereum Price Surge Alongside Bitcoin — Will XLM Follow?

Author: Cointelegraph By Michaël van de Poppe | Website: Cointelegraph
Publish on: 05/29/2020

The recent surge in Bitcoin price led to rallies in Ethereum, Cardano, Theta Token and Band Protocol, can the upswing continue?

Ethereum Just Breached a Crucial Level, and That Means Bitcoin May Rip Higher

Author: Nick Chong | Website: Bitcoinist
Publish on: 05/29/2020

After days of stagnating, both Bitcoin and Ethereum have registered strong gains over the past 48 hours. While it is normally BTC leading the pack, this time, it’s ETH. The second-largest cryptocurrency and largest altcoin is up 7% in the past 24 hours. Ether…

Devcon 6: 2020 is a Write-Off, Let’s Try 2021 in Columbia

Author: Cointelegraph By Joshua Mapperson | Website: Cointelegraph
Publish on: 05/28/2020

The Ethereum Foundation has postponed Devcon VI until 2021 and will host it in Bogota, Colombia.

Here’s the Path Forward for Ethereum to Set Fresh Yearly Highs

Author: Cole Petersen | Website: newsBTC
Publish on: 05/28/2020

Ethereum has been pushing higher throughout the past day alongside Bitcoin and most other major altcoins. This climb has come about after an extended period of sideways trading within the lower-$200 region. It does appear that buyers are now attempting to lay…

Over 120 Billion Idle XRP Tokens Moved: Volatility Is Near

Author: Ali Martinez | Website: newsBTC
Publish on: 05/29/2020

Ripple’s XRP token is going through a stagnation phase without giving any clear signs of where it is headed next. The cross-border remittances token has been contained in a narrow trading range since May 11. This area is defined by the $0.19 support and the $…