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Cryptocurrency News

Fri, Oct 30th, 2020
Market Insights - Bitcoin continues to outperforming EVERY ASSET CLASS on the board

Bitcoin 13915 is Significant

Altcoins Bleed Out as Bitcoin Consolidates, But This Trend May Soon Shift

It has been a rough past few days for altcoins, with many posting capitulatory losses as Bitcoin continues struggling to garner any sustained upwards momentum that can send it past its $13,800 resistance....

Bitcoin Hitting $20,000 in Early 2021 is “Highly Unrealistic:” Analyst

Bitcoin has every likelihood of touching its previous record high of $20,000. But, one should not expect it to happen in early 2021, says a TradingView analyst. The pseudonymous entity, operating under...

New Cardano Roadmap Puts March 2021 Date For Goguen Mainet Rollout

IOHK fired up the Cardano community by releasing details of the Goguen roadmap yesterday. After the successful rollout of Shelley, many look to Goguen as the final hurdle before challenging Ethereum on...

Maker Foundation Joins Klaytn Governance Council

SEOUL, South Korea , Oct. 30, 2020 /PRNewswire/ -- Klaytn, the leading blockchain project spearheaded by the South Korean Internet giant Kakao (KRX: 035720), announced that the Maker Foundation,...

Yearn.finance (YFI) Plunges To $10,000 Despite Positive Fundamentals

Yearn.finance (YFI) has undergone a strong retracement over the past few weeks and months despite fundamental strength in DeFi. The price of the leading Ethereum-based coin has crashed from its $44,000...

TA: It’s Decision Time for Ethereum As It Approaches a Crucial Breakout Pattern

Ethereum is stuck in a crucial range above the $382 support against the US Dollar. ETH price could either jump above $392 or it might nosedive below $380. Ethereum is struggling to stay above the key $382...

TA: Bitcoin Regains Strength, But Break Above $13,700 Holds The Key

Bitcoin price is up over 3% and it gained strength from the $13,000 support against the US Dollar. BTC is now facing a heavy resistance near the $13,650 and $13,700 levels. Bitcoin remained well bid above...

This Investor Group is Causing Bitcoin to Decouple from Stocks

Bitcoin is finally breaking its correlation with the stock market, which has been persisting despite its recent uptrend’s strength. An example of this correlation’s lingering effects can be seen while...

Bitcoin Dominance Is Days Away From Triggering A 30% Rally Against Alts

Bitcoin smashing through $12,000 gave the cryptocurrency enough momentum and energy to take out $13,000 and revisit last year’s highs. But while it did so, it caused altcoins like Ethereum, Chainlink,...

Analyst Who Predicted September Bitcoin Crash Predicts Rally to $14k

Bitcoin has undergone a strong correction from the highs of $13,850 set earlier this week. At yesterday’s lows, the cryptocurrency traded for $12,900. Analysts think that Bitcoin remains embroiled in...

Trader: Chainlink Could “Dumpster Dive” if Bitcoin Sees Continued Weakness

Chainlink has recovered from its recent lows and is in the process of pushing higher despite seeing a strong selloff earlier today. The cryptocurrency’s current strength is coming about due to that seen...

ZYTrade Technical Snapshot - Bitcoin Futures (BTC)

a lot of things going on in the crypto space

Three Reasons Why Chainlink’s Downtrend Against Bitcoin Just Started

Chainlink is easily the best performing cryptocurrency for the last three years, and this year managed to outperform Bitcoin by over 500%. But the tides have finally turned on the two opposing crypto coins,...

Market Insights: Thursday Look Back with Technical Outlook Oct 29 2020

SP500 Gold Silver Bitcoin Dollar Oil

Celsius integrates Chainlink Oracles for transparent pricing

The Celsius crypto financial services platform has integrated Chainlink’s decentralized price feeds as a key component of its pricing services. The Celsius platform provides a range of financial services...

Harrowing Figure Highlights How There Isn’t Enough Bitcoin To Go Around

Bitcoin is a financial revolution in the making, for numerous reasons. But one of the attributes that give it the most value, is its digital, hard-coded scarcity. With just a 21 million BTC supply to ever...

Ethereum Must Show Strength Now or Else It Could Face a Dire 10%+ Decline

Ethereum and the entire crypto market have struggled to gain any serious momentum as of late, with BTC’s rejection at $13,800 striking a blow to the aggregated market. The waning momentum has been particularly...

Bitcoin Needs One Last Dip Before It Hits $16,000: Analyst

Bitcoin bulls with a long-term outlook should hold onto their upside positions even as the cryptocurrency plunges lower. It is because the BTC/USD exchange could still resume its uptrend towards $16,000,...

Ethereum Could Plunge Towards $315 Region if This Level Doesn’t Hold

Ethereum has seen an interesting trend in its price action over the past two weeks. Despite a strong surge in the price of Bitcoin, ETH has been an underperformer. In the past 10 days, BTC has gained approximately...

Chart of the Day

Mirati Therapeutics (MRTX)

The Barchart Chart of the Day belongs to the biomedical company Mirati Therapeutics (NASDAQ:MRTX). Since there was not a clear direction in the markets I decided to use Barchart's New All-Time High list and sort by the most frequent number of ne...
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