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Cryptocurrency News

Sun, Apr 18th, 2021
Bitcoin Price Nosedives $5K, Why BTC Could Extend Losses

Bitcoin price started a sharp decline after it broke the $60,000 support zone against the US Dollar. BTC is correcting gains, but it is likely to face sellers below $58,000. Bitcoin declined heavily below...

ONE44 Bitcoin Ethereum update

The break here fell $7 short of 23.6% back to the 2018 low

Why A Central Bank of China Official Said Bitcoin Has Major Role in the Future

For the first time, a Chinese government official has recognized the value of Bitcoin and other cryptocurrencies. The People’s Bank of China Deputy Governor, Li Bo, called these assets an important part...

Why Cardano’s Hoskinson Called Proof-of-Work a Road to Nowhere

Cardano’s inventor and IOG CEO Charles Hoskinson commented on Bitcoin’s hashrate dropped after a blackout struck some small counties in the province of Xinjiang. Major Bitcoin mining pools saw their...

We Should All Expect Repercussions When The Music Stops on Dogecoin

Year-to-date gains for Dogecoin come to over +6,000%, making it significantly more profitable than Bitcoin, which is up a comparatively paltry 88% over the same period. Most view this as generally positive...

Best crypto interest rates 2021 - DeFi and CeFi

An overview of several leading DeFi and CeFi crypto lending platforms and who offers the highest crypto interest rates. UPDATED April 19th 2021 . Who offers the best crypto interest rates? With the growth...

Ethereum (ETHUSD) Daily MACD Trying to Negatively Cross

Ethereum (ETHUSD) is down more than 10% from its record high a half week ago, having recovered a bit today from the intraday low near the psychologically key 2k whole figure level. Significantly, although...

How r/WallStreetBets Triggered DOGE Rally – Reasons for Bitcoin Sell-off

The crypto market seems to be astonished by yesterday’s season. Dogecoin (DOGE) threw every fundamental out of the window and smashed its way to the 5th position in the crypto top 10 by market cap. DOGE...

Ethereum ETF Approved While ETH Gives Bullish Signals

The Ontario Securities Commission (OSC) from Canada has approved four Ethereum Exchange Traded Funds (ETFs) to be launched on April 20, 2021. The financial products were petition by CI Global Asset Management,...

Bitcoin At $100,000: Estimating The Chance Of Six Figure BTC In 2021

Bitcoin price (BTC) reached a new all-time high this week, soaring to almost $65,000 on Wednesday the 14th of April. With Bitcoin’s price now in “blue sky territory” and its market cap sitting comfortably...

Coinbase’s $86bn Valuation Has Been Grossly Exaggerated by Misleading Media

Coinbase shares closed at $327 on their Nasdaq debut, giving the crypto exchange an initial market cap of $86bn on a fully diluted basis. Fully diluted refers to the total number of common shares outstanding...

Trace Network Partners With Polygon And Infosys Consulting For Blockchain Revolution

Beyond Bitcoin, the hottest assets in the crypto markets are those that feature a robust ecosystem that supports several other essential sectors in the industry, such as DeFi or NFTs. The innovative Ethereum...

Two Patterns, One Coin: Is Bitcoin Currently Bearish Or Bullish?

Bitcoin price is down from fresh all-time highs set this week ahead of the Coinbase Global Nasdaq public rollout, but there are still no signs of the bull run ending. A powerfully bullish pattern, however,...

PolkaCover Launches the Platform’s Demo Decentralized Application

Polkacover, the ingenious platform that bridges the gap between traditional insurance companies and crypto-insurance products has just launched its Demo Decentralized Application, demonstrating how users...

Celsius Network’s CEL Token Now Listed on OKEx

The popular crypto spot and derivatives exchange, OKEx continues to champion the DeFi revolution by supporting some of the leading projects in the space. Celsius Network is the latest to join the list...

Turkey to ban cryptocurrencies for buying goods, services

ANKARA, Turkey (AP) — Turkey’s central bank is banning the use of cryptocurrencies such as bitcoin in payments for goods and services, according to a decision published in the country’s Official...

TA: Ethereum Corrects Rally, But 100 SMA Could Spark Fresh Increase

Ethereum climbed further above the $2,500 level against the US Dollar. ETH price is correcting gains, but it is likely to remain stable near $2,350 and the 100 hourly SMA. Ethereum gained pace above $2,500...

TA: Bitcoin Consolidates, Here’s Why BTC Could Surge Above $64K

Bitcoin price started a downside correction from the $54,900 zone against the US Dollar. BTC is now consolidating and it could start a fresh increase if it clears $54,900 Bitcoin is showing positive signs...

CME Flashback: How The COIN Listing Could Culminate Bitcoin Rally

Bitcoin price (BTC) is down $2,000 from yesterday’s high set right around the time that Coinbase Global (COIN) went live on Nasdaq. The price action frighteningly mimics a fractal flashback from the...

Coinbase Effect: Is Crypto Ready For The Incoming Herd?

If the pro-Bitcoin actions of titans Goldman Sachs and JP Morgan have been insufficient, the traditional market seems to have given cryptocurrencies its blessing yesterday, with the debut of Coinbase on...

Chart of the Day

Garmin Ltd (GRMN)

The Barchart Chart of the Day  belongs to the technology company Garmin (NASDAQ: GRMN ).   I found the stock by using Barchart's powerful screening tools to find the stocks with the highest Weighted Alpha and technical buy signals. After I sorted for the most frequent number of new highs in the last month,...
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