Crash

Ethereum 2.0: Complete Overview of ETH’s New Form

On December 1st, 2020, Ethereum 2.0 went live. Great! But what does it mean? What even is Ethereum 2.0? Where can you get your hands on some 2.0 ETH tokens? Is it even worth it? And how come “Ethereum 1.0” is still live? How will Ethereum 2.0 impact the price of Ethereum? Image via StatusThese are just a few of the many questions people have been asking since Ethereum 2.0 launched. Here at the Coin Bureau, we have been keeping an eye on these questions. While you will find some

Warren Buffett Buying Gold May Push Bitcoin to $50K, Investors Say

Berkshire Hathaway, the $503 billion conglomerate led by Warren Buffett, sold Goldman Sachs for a Canadian gold company Barrick Gold. Max Keiser, the founder of Heisenberg Capital and an early Bitcoin investor, says it could help buoy BTC to $50,000.The quarterly shareholder filing of Berkshire Hathaway shows Buffett trimmed his position on most major banks, Fortune reported on Aug. 15. The firm sold a substantially large portion of its shares in JPMorgan Chase, Wells Fargo and PNG.What Buffett’s decision to enter a gold position over banks shows about BitcoinBuffett’s decision

Analyst Who Called Bitcoin’s Move to $3,000s Thinks This Comes Next

Bitcoin is pressing higher after consolidating in the mid-$11,000s for a number of days. As of the time of this article’s writing, the leading cryptocurrency trades for $11,800. BTC is up 2% in the past 24 hours, underperforming Ethereum’s 10% performance. A historically accurate analyst expects Bitcoin to press lower towards $11,000 one more time, then potentially break out. This is a sentiment differing from other analysts, who argue that Bitcoin is likely to break higher right away. Bitcoin Could Drop Towards $11,000 Once Again, Says Trader Who Predicted $3,000s

Analyst Who Called Bitcoin’s Tuesday Low Expects a Move to $13,000

Bitcoin has bounced strongly after plunging as low as $11,100 on Tuesday. As of the time of this article’s writing, the leading cryptocurrency trades for $11,600 on leading exchanges. This is just under 5% above yesterday’s lows. An analyst that called that the cryptocurrency would bottom in the $11,100-11,200 region says that the asset is primed to move to $13,000. Other analysts think Bitcoin will do so. They note that since the cryptocurrency is holding above $11,500, it remains in a bullish medium-term state. Technically speaking, there is some resistance

Five Signs The 30% Band Protocol (BAND) Correction Is Just Starting

Band Protocol is one of August’s best-performing crypto assets, right behind the showstopping Chainlink and other hot tokens. The altcoin is up over 300% month to date, but a 15% correction began overnight. Is this just a healthy pullback, or will the asset retrace further than most investors are prepared for? Here are five bearish signals that the Band crash may only be beginning.  DeFi And Decentralized Oracles Spark Mini-Crypto Bubble, 300% Returns Month-to-Date The cryptocurrency market is on fire, with nearly every asset posting major gains over the last

Bitcoin Price Seals Best Weekly Close in 2.5 Years: 5 Things to Know

Bitcoin (BTC) greets another week with a push to $12,000 and its highest weekly close since after it hit $20,000 — will it return?Cointelegraph takes a look at five things that stand to impact BTC price performance in the coming five days.BTC: A two-and-half-year record weekly closeBitcoin hitting $12,000 again early Monday was more than just a boon for traders — in doing so, BTC/USD sealed its highest close on weekly time frames since January 2018.This means that no single week of price action ended at such high levels since,

Bitcoin Erupts Past $12,000: Here’s What Analysts Think Comes Next

Just hours after the daily candle close, Bitcoin has begun to erupt higher. The cryptocurrency just minutes ago crossed above $12,000 for the first time since the flash crash on August 2nd. BTC bulls are believed to be in control after Bitcoin closed the weekly candle above the ever-important $11,500 level. Analysts think that Bitcoin will continue higher as long as $11,500 holds. Bitcoin Surges Past $12,000 Just minutes ago, Bitcoin broke past $12,000 for the first time since the August 2nd flash crash. The cryptocurrency is now up 3%

Eerily Accurate Analyst Thinks Bitcoin Could Hit $20,000 in the Next 3 Months

Bitcoin has finally started to show weakness after recovering from last weekend’s flash crash. After falling as low as $10,500 last weekend, the leading cryptocurrency surged as high as $11,950 before retracing. As of the time of this article’s writing, BTC trades for $11,500, sliding to this critical level from the aforementioned highs. The retracement for Bitcoin has been bearish, especially considering it was rejected at $12,000 again. Some remain optimistic that Bitcoin bulls are in control, though. One historically accurate analyst that predicted BTC’s macro price action is still

BitMEX Leaderboard Trader Fears Bitcoin Could See a Second “Flash Dump”

Bitcoin has slid lower over the past 24 hours as the cryptocurrency failed to surmount $12,000 in the latest leg higher. As of the time of this article’s writing, BTC trades for $11,600 — 5% shy of the local highs. Investors are still reeling from the flash crash that transpired approximately one week ago. While that was seemingly a black swan event, a trader is fearing a secondary event. The individual in question is a two-time BitMEX return on equity (ROE) leaderboard trader, meaning he has a strong track record.

Bitcoin Plunges Under Pivotal $11.5k Support: What Do Analysts Think Is Next?

Bitcoin is slipping lower after peaking at $11,950 just the other day. This marked the second major rejection at the pivotal $12,000 level in the span of a week. As of the time of this article’s writing, BTC is trading for $11,400. This is the lowest price in days, with the asset last trading this low after last week’s flash crash. Analysts believe that Bitcoin’s ongoing drop could be a precursor to a greater move lower. $11,500 has been a level that traders have been watching with intrigue. Some have

Why Toppling Silver and Gold Prices Could Be Especially Bad for Bitcoin

In March 2020, the stock market dragged cryptocurrencies down to their Black Thursday bottom. Since then, however, soaring gold and silver prices have helped restore interest in Bitcoin and altcoins. These hard, digitally scarce assets are expected to perform similarly to precious metals due to similar supply attributes. Still, it also could cause a disastrous crash in crypto as a result. Silver and Gold Rally Ready For Pullback And Dollar Stages Overdue Recovery The dollar has been in steady decline, with top financial market analysts from the likes of Goldman

BAT, Stellar Lumens, VeChain Price Analysis: 07 August

Bitcoin’s latest attempt to climb on the charts has been met by some degree of success, with the world’s largest cryptocurrency, after a long time, managing to hold a level above the psychological resistance of $10,000. At press time, Bitcoin was being traded at $11,736 with a trading volume of $8.3 billion.Source: CoinStatsSuch success was underlined by the fact that while BTC failed in its attempt to sustain a breach of $12,000, it didn’t fall below $11,000, implying that Bitcoin is again building up strength before its next effort. The