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Bitcoin: Why this might not be the ‘dip to buy’

Source Node: https://ambcrypto.com/bitcoin-why-this-might-not-be-the-dip-to-buy/
Time Stamp: August 16, 2021 11:00 AM - Modified On: August 16, 2021 - Published By:
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Republished By Plato

Rooting against Bitcoin during a positive rally could be considered cynical by the hyper-bullish community, but it is important to note down important reversals. After all, the asset unleashed a relentless recovery on July 20th, and from a healthy side of things, ‘rooting’ against Bitcoin now only helps the digital asset in the long term. In line with that thought, we analyzed a few important signals that surfaced over the past 24-hours, that may act as key insights for the next few days. SMA tussle for Bitcoin? Source: Trading View

Wormhole 2.0 Mainnet Launch Links Smart Contracts

Source Node: https://beincrypto.com/wormhole-2-0-mainnet-launch-links-smart-contracts/
Time Stamp: August 11, 2021 11:00 AM - Modified On: August 11, 2021 - Published By:
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Republished By Plato

Wormhole, a Solana Labs-backed multichain connector, launched its mainnet. This new protocol aims to bring the key issue of interoperability to the forefront of the DeFi conversation. Sponsored Sponsored In a world increasingly open to innovation and fast-paced development, communication is of the utmost importance. That’s the ethos of the multichain connector Wormhole. The company intends to use its technology to make communication between different blockchains effortless.  Wormhole’s technology makes it possible for funds, votes, programs, and any other transferable information to effortlessly pass from one blockchain to the next.

Longing Cardano: Does this move make sense

Source Node: https://ambcrypto.com/longing-cardano-does-this-move-make-sense/
Time Stamp: August 8, 2021 9:00 AM - Modified On: August 8, 2021 - Published By:
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Republished By Plato

Cardano’s price climbed 11.5% in a week and while its price jump from the July lows of $1.1 to the current price of $1.4 might look more or less monotonous there’s another take that often goes unnoticed. The fact that Cardano didn’t fall below the $1 mark and had a comparatively less volatile market during the last bear market brings forth the fifth-ranked alt’s tendency of getting less affected by the larger market.  The speculations of ADA following Bitcoin and Ethereum have been around for quite some time. As a

Bitcoin’s future price action would depend on these key aspects

Source Node: https://ambcrypto.com/bitcoins-future-price-action-would-depend-on-these-key-aspects/
Time Stamp: July 22, 2021 6:00 AM - Modified On: July 22, 2021 - Published By:
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Republished By Plato

A massive drop, fear and anxiety at their peak, and a superstar entry back with a bang, pretty much sums up Bitcoin’s price action over the past week. The king coin’s downward trajectory led to a market-wide fall and a major bearish market. However, nothing is permanent in this crypto-verse where volatility is the name of the game. Bitcoin’s foray below the $30k zone didn’t last long either, and the asset soon made a strong comeback with gains of 6.25% in 24 hours, at the time of writing. A closer look

A Bitcoin Christmas Present: New All-Time High!

Source Node: https://beincrypto.com/a-bitcoin-christmas-present-new-all-time-high/
Time Stamp: December 25, 2020 12:19 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Bitcoin hit $24,680 in a brief leap around 12.00 UTC. At the time of this writing, BTC remains just a touch above $24,000. The BTC all-time high (ATH) made for a nice holiday greeting. Gemini Exchange co-founder and crypto bull Cameron Winklevoss tweeted his regards after the peak hit: Rollercoaster Week Just days after hitting new ATH’s, bitcoin reached a new peak on Dec. 25. While not the $25,000 present some were asking for under their tree on Christmas Day, the $24,600 handle at least probably puts that figure psychologically

Ethereum’s Time Is Coming – Here’s Why

Source Node: https://coinrabbit.io/blog/ethereums-time-is-coming-heres-why
Time Stamp: December 24, 2020 2:12 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

On December 1, an event that has been anticipated for the latest several years took place — Ethereum 2.0 went live. Its launch has been rescheduled several times, while the expectations from a new stage of Ethereum development are extremely high.  With all the advances that will be implemented in the network in the next few years, Ethereum is to drastically increase its scalability, efficiency, and security without any harm to decentralization. From a widely recognized open-source platform for DApps’ developers, Ethereum is aiming to become a pillar of the

Tether Sets New Records With $20bn+ Market Cap

Source Node: https://beincrypto.com/tether-sets-new-records-with-20bn-market-cap/
Time Stamp: December 18, 2020 1:22 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

USDT is now also the fourth largest crypto by market cap. The news was announced in a Tweet from the company. At the time this article was written, Tether had a market cap of slightly over $20.03 billion. This is down about $10 million from its peak today, according to CoinMarketCap.  Tether has just surpassed a $20B market capitalization! This fantastic milestone is another confirmation for Tether maintaining its number one spot as the most liquid, stable and trusted currency! pic.twitter.com/sorWjzChIo— Tether (@Tether_to) December 18, 2020 Accelerate! Tether’s market cap has

Bitcoin Could See a Major Breakout in The Coming Days; Here’s Why

Source Node: https://bitcoinist.com/bitcoin-could-see-a-major-breakout-in-the-coming-days-heres-why/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-could-see-a-major-breakout-in-the-coming-days-heres-why
Time Stamp: August 14, 2020 7:00 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Bitcoin has been stuck in a tight trading range throughout the past several days This has offered little insight into the cryptocurrency’s short-term trend, as both its buyers and sellers remain at an impasse As for where it may trend next, analysts now seem to believe that it is coiling up for a major breakout This could lead it well past $12,000 in the coming few weeks There are a few factors that suggest this type of movement is imminent, including Barstool Sports founder Dave Portnoy’s foray into BTC Bitcoin

Boom! Kraken Predicts Imminent Bitcoin Price Rally of Up to 200%

Source Node: https://cointelegraph.com/news/boom-kraken-predicts-imminent-bitcoin-price-rally-of-up-to-200
Time Stamp: August 13, 2020 1:33 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Major U.S.-based crypto exchange Kraken has released a report predicting that Bitcoin (BTC) will rally by between 50% and 200% in the coming months.The report notes that Bitcoin posted a 21-month low for volatility on July 24 of just 23%, and stated that BTC’s 12 historic volatility lows (of between 15% and 30%) have typically been followed by a rally of 140% on average.With August usually the third-most volatile month for BTC price fluctuations, Kraken is predicting that upward momentum produced by Bitcoin at the end of July will continue

Stocks Continue to Rally While Digital Assets Take a Breather

Source Node: https://www.bitcoinmarketjournal.com/digital-assets-take-a-breather/
Time Stamp: August 11, 2020 10:01 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The idea of the tooth fairy never made much sense to me. I don’t like the idea of presenting fiction as fact, especially to my children. My wife, on the other hand, is quite into it. For one thing, the economics are all messed up. Supposing there’s some kind of business or even a nonprofit, how does the Tooth Organization sustain the kind of overhead involved when every transaction results in a loss? The other thing is the timing, which almost never adds up. While you might be able to

Bitcoin May Start a New Consolidation Trend After Facing Another $12k Rejection

Source Node: https://bitcoinist.com/bitcoin-may-start-a-new-consolidation-trend-after-facing-another-12k-rejection/?utm_source=rss&utm_medium=rss&utm_campaign=bitcoin-may-start-a-new-consolidation-trend-after-facing-another-12k-rejection
Time Stamp: August 10, 2020 7:00 PM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

Bitcoin is currently consolidating beneath $12,000 after facing a slight rejection at this level overnight The cryptocurrency has been struggling to break above this resistance for over a week One analyst is now noting that the resistance here may hold strong for the days to come, with BTC now kicking off a new consolidation phase Once the benchmark digital asset can break above this level, analysts are noting that a move to $13,000 will likely take place rapidly Bitcoin is currently facing some lackluster price action as it trades just