Tag: index
The ‘China crypto FUD’ is back again, but it’s misleading
Three industry bodies under the Central bank of China released a document today calling for a ban on financial institutions and online payments channels providing any services involving cryptocurrency, including but not limited to registration, trading, clearing, and settlement. Additionally, the institutions would not be allowed to offer to save, trust or pledging services, nor […]
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Will Bitcoin Price Plunge Below $20k After Its Worst Correction? Analyst Hints Support Level
The post Will Bitcoin Price Plunge Below $20k After Its Worst Correction? Analyst Hints Support Level appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide
After Tesla CEO Elon Musk expressed concerns about bitcoin’s power consumption, the cryptocurrency market, especially bitcoin, has taken a turn for the worse over the last week. Its market share has dropped to a three-year low of 40%. Furthermore, bitcoin’s popularity has plummeted to “serious fear” levels, the lowest since April. Peter Brandt, who predicted …
Ethereum Price Analysis: ETH Dives Further, $3K Holds The Key
Ethereum price started a fresh decline from well above $3,500 against the US Dollar. ETH price is currently trading well below $3,500 and the 55 simple moving average (4-hours). There is a major declining channel forming with resistance near $3,600 on the 4-hours chart (data feed from Coinbase). The pair must stay above $3,000 to...
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Cardano Price Prediction: Can Cardano stage 50% surge and set new ATH
Ethereum Price Prediction: ETH breakdown to $2,500 seems imminent
Ethereum has lost more than 30% of its value from the all-time high traded at $4,387. Initially, the correction was more like lock-step trading whereby short-term support levels prevented sharp losses. However, during the previous weekend session, the market instability saw Ethereum dive under $4,000 and tested support at $3,100. A trend reversal occurred on
The post Ethereum Price Prediction: ETH breakdown to $2,500 seems imminent appeared first on Coingape.
BTC sinks below $40K, Bitcoin inflows to centralized exchanges surge
High Bitcoin inflows to centralized exchanges have prompted predictions of further bearish momentum on social media.
Polkadot’s (DOT) long-awaited parachains are launching on Kusama (KSM)
The Polkadot (DOT) and Kusama blockchain developers have entered the final stage of preparation for the launch of the highly anticipated parachain functionality, according to an announcement published by the project’s founder Gavin Wood yesterday.
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Bitcoin Price Analysis: Bloodshed as BTC tumbles to $40,000, where to next?
Bitcoin is in more turmoil after losing ground above $45,000 and extending the losses below last week’s formidable support at $42,000. The pioneer cryptocurrency downtrend seems unstoppable from a short-term technical analysis perspective. Therefore, the ‘saving grace’ could be the 200 Simple Moving Average (SMA) on the daily chart. Bitcoin barely holds onto $40,000 Following
The post Bitcoin Price Analysis: Bloodshed as BTC tumbles to $40,000, where to next? appeared first on Coingape.
BTC Slips to $40,000, After Elon Musk, Chinese Central Bank Puts Pressure on Bitcoin
It’s a double whammy for Bitcoin (BTC) investors this week. After Elon Musk single-handedly crashing Bitcoin and the overall crypto market, the Chinese central bank PBoC gives another hammer blow. On Tuesday, May 18, the Chinese central bank warned local financial institutions and businesses from dabbling into cryptocurrencies. Bitcoin (BTC) and the overall crypto market
The post BTC Slips to $40,000, After Elon Musk, Chinese Central Bank Puts Pressure on Bitcoin appeared first on Coingape.
TA: Bitcoin Breaks Key Support, Here’s Why BTC Could Dive Below $40K
Cardano’s parent company IOHK announces an Ethereum ERC20 token converter is on its way
Input Output, the technology firm and code maintainer of Cardano, released a new ‘converter’ today that allows users to bring ERC20 tokens (issued on Ethereum) to the Cardano blockchain.
The post Cardano’s parent company IOHK announces an Ethereum ERC20 token converter is on its way appeared first on CryptoSlate.
Dogecoin Price Analysis: 18 May
Dogecoin has been trading at $0.4958 with a market capitalization of $64 billion. The meme-coin's has been noting a loss of almost 5% in the past week. However, unlike other altcoins, DOGE has been cu
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