It isn’t a secret that last week’s price action has some convinced that the year-long crypto bear trend is coming to a head. In fact, Fundstrat’s in-house Bitcoin (BTC) optimist, Tom Lee, recently told Bloomberg that he adamantly believes that the cryptocurrency market can now be classified as a bull market, looking to the 200-day moving average for BTC to back his point.
And interestingly, key technical indicators might agree with this buoyant sentiment.
Related Reading: Notab
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-
Has The Bitcoin (BTC) Bear Trend Officially Ended?
via newsbtc.com -
Bitcoin Price: Why the Nasdaq Dotcom Bubble Suggests BTC Will Surge 200%
The Nasdaq, which plunged in value following both the dotcom bubble and financial crisis, more than doubled in value in the following five years of post-bubble recovery. Like the Nasdaq, bitcoin could recover rapidly in the medium-term, analysis suggests. With the 200-day moving average of bitcoin reversing its trend for the first time in 16 months and various technical indicators demonstrating a positive near-term trend for the asset, many industry executives and investment firms like Pantera C -
Bitcoin and Friends: The animation we didn’t know we needed
The true beauty of Bitcoin is that one can’t describe it in a complete and all-encompassing definition. Depending on their backgrounds and life experiences, some people will see in it a mean for economic empowerment and financial transparency, or a refuge from their oppressive governments. However, the makers of the unlikely hit cartoon show “Bitcoin and Friends” have portrayed the beloved cryptocurrency as a conscious and self-aware oddity that socializes and seeks agency.Comp -
Analyst: Bitcoin (BTC) May Be Stuck in Accumulation Phase for Several More Months
via newsbtc.comAs the crypto markets head into the weekend trading session, Bitcoin has been able to maintain its upwards momentum, and has been able to continue its upwards ascent. Although BTC’s recent price action has been overwhelmingly positive as of late, it may still be caught in an accumulation phase.
Assuming that Bitcoin’s current accumulation range reflects that seen following the 2015 bear market, BTC won’t exit the range until mid-July, meaning that traders will have plenty of op -
There’s No Upside Resistance, Ripple (XRP) Bulls Aiming At 40 Cents
via newsbtc.comRipple prices trending within a bull breakout after closing above 34 cents
Banks are hesitant to adopt xRapid and instead use xCurrentNo doubt, Ripple Inc is proposing a novel and livelihood lifting idea that stands to shape remittance. However, with incumbents holding their ground, revamping their systems and plugging leakages, Ripple has much ground to cover. As they do so, Ripple (XRP) bulls are back and likely to close above 40 cents by mid-next week.
Ripple Price Analysis
Fundamentals
The -
Hypocrite: Why Trump Needs to STFU About the ‘Creepy Joe Biden’ Scandal
Donald Trump is reveling in hypocrisy by taunting ‘Creepy Joe Biden.’ Given his own record of allegations of sexual misconduct and disturbing statements about his own daughter, the president might be wise to tread cautiously. Joe Biden Facing Pressure After Accusations Four women have recently accused Joe Biden of making them feel uncomfortable by touching them in an overly familiar way. One is Lucy Flores, who claims he grabbed her shoulders and kissed her head. The former Nevada st -
Tech Entrepreneur Gives $25M in Cryptocurrency to Alma Mater - NBC Bay Area
Tech Entrepreneur Gives $25M in Cryptocurrency to Alma Mater NBC Bay AreaA tech entrepreneur and his wife have made a very Silicon Valley donation to his San Francisco alma mater — $25 million, mostly in cryptocurrency. The gift ... -
Tesla Leak Reveals Elon Musk Allegedly Threatened to ‘Nuke’ Ex-Employee
Billionaire Elon Musk is apparently in the midst of an ugly civil war brewing within Tesla. Recent news suggests there’s a faction inside the electric-car company Musk co-founded that desperately wants him out. The latest example is the curious timing of the media leak concerning an alleged physical altercation Musk had with a former employee. The incident occurred in September 2018, but was conveniently leaked to the press just one day after Musk faced off against the Securities and Excha -
Ethereum (ETH) Milestone, Breakout Above $170 Imminent
via newsbtc.comEthereum prices on an uptrend, add 16.9 percent in the last week
Volumes could spike if ETH break above $170 at the back of high trade volumesBloomberg says Ethereum is losing steam and Vitalik affirm their findings. But this is expected. Competition is heating up, and more are launching faster and scalable platforms. In the meantime, Ethereum (ETH) is lagging and poised to close above $170 for the first time since Nov 2018.
Ethereum Price Analysis
Fundamentals
Despite criticism, Ethereum is th -
Crypto Tidbits: Bitcoin Passes $5,000, SEC Doubles-Down On Crypto, Binance DEX Nears
via newsbtc.comAnother week, another round of Crypto Tidbits. I think it would be fair to say that the bulls are back (for the time being) baby! Over the past week, the vale of Bitcoin (BTC) has exploded, pushing past $5,000 for the first time since mid-November.
This bullish price action, a move deemed “too far, too fast” by some analysts, has all been underscored by a number of key developments in the underlying industry. Over the past seven days, PayPal has delved into the blockchain space, the -
Top 5 Crypto Performers Overview: BCH, LTC, DASH, NEO, XEM
The recent sharp crypto rally from the bottom is a positive sign that indicates demand at lower levels. Let’s take a look at the charts -
Bitcoin Core’s Peter Todd Fires Back at Sex Assault Allegation
Early bitcoin core developer Peter Todd is fighting for his reputation. Todd, a Canadian who started contributing to bitcoin’s code in 2012, revealed on Twitter that he has filed a lawsuit against someone in the community who allegedly accused him of rape and sexual assault, also on Twitter. Todd vehemently denies the accusations. According to the defamation complaint, which was filed in a California federal court, he is seeking injunctive relief and damages from the defendant, a Californi -
Blockchain and DEX Startup Radar Releases New Lightning Network Developer Tools
New Lightning Network developer tools will be released by Radar, the startup behind decentralized exchange Radar Relay -
How Asian Crypto Funds Outperformed their US Peers by Staggering 20x
via newsbtc.comAsia-based crypto funds have returned more profits than their US counterparts, claimed Jason Chui.
The researcher at Hong Kong-based financial service firm, Spartan Capital, said the Asian crypto funds performed 20-times better than their “high signaling US peers.” He stressed that their performance in the first quarter of 2019 went up despite low social media coverages, adding those funds were rising on better fundamentals, mainly governance, token design, and crypto theses.There ar -
Cryptocurrency Exchange Coinsquare Announces Plans to Launch Canadian Dollar Stablecoin - The Daily Hodl
Cryptocurrency Exchange Coinsquare Announces Plans to Launch Canadian Dollar Stablecoin The Daily HodlLeading Canadian cryptocurrency exchange Coinsquare is preparing to launch a stablecoin backed by Canadian dollar (CAD) reserves. Investors will be able ... -
Analysts are Skeptical but Bitcoin (BTC) Bulls are at Full Throttle
via newsbtc.comBitcoin prices rally, aim at $6,000
Participation levels shrink but could rise as BTC edge higherAnalysts are bullish, and although some maintain that bears are still in control, a blend of positive fundamental developments as well as favorable candlestick arrangements mean Bitcoin (BTC) bulls are firm. An easy target is $6,000.
Bitcoin Price Analysis
Fundamentals
It’s always a tussle between supply and demand. Aside from the hype element which is honestly hard to gauge, it is clear that -
$5,000: Why Amazon Stock is Primed for a Parabolic 175% Rally
One equities analyst is going all out on his bullish thoughts about Amazon stock (NASDAQ: AMZN), saying the company has the makings of what it takes to command $5,000 a share by 2025. That would put the company’s valuation at $2.5 trillion. It would also make it the first ever to reach that level, according to Doug Kass, president of Seabreeze Partners Management. He sent out an email to his firm’s clients with his opinions. Kass and Seabreeze Partners aren’t the only ones who -
Bitcoin (BTC) Price Approaching Next Key Break, RVN and LRC Up 10%
via newsbtc.comBitcoin price is likely preparing for the next key break above the $5,100 resistance against the US Dollar.
Ravencoin (RVN) and loopring (LRC) gained more than 10% today.
There is a key bullish trend line in place with support at $4,880 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair seems to trading in a contracting range below the $5,100 resistance area.Bitcoin (BTC) is trading in a tight range and seems to be preparing for the next key break. Ethereum, ripple, bitco -
Blockchain Mortgage Tech Startup Acre Software Raises $6.5 Mln From UK Financial Advisor
A startup applying blockchain to mortgages, Acre Software, raised about $6.5 million from UK financial adviser Sesame Bankhall Group -
Why Bitcoiners Shouldn’t Worry About High Transaction Fees
The BTC price recently surged to $5,000. This movement was accompanied by an increasing number of transactions (and resulting fees) on the Bitcoin network. The current average transaction fees ($1.9), albeit not as high as it was the first time bitcoin crossed the $5000 mark in 2017 ($4.4), have raised concerns about a potential congestion, slow operations and high costs on the network, should the rally continue.
This article explains why slow transactions and high fees on the main Bitcoin block -
YouTuber Accuses Ian Balina – Despite Lawsuit Threat – of Shilling Crypto Garbage
Love him or hate him, Ian Balina is inarguably one of the most major influencers in the cryptocurrency space. While he has been relatively quiet of late, there was a time when Balina was a regular figure in crypto news. With 145,000 Twitter followers and 115,000 Youtube subscribers, Balina has access to a major audience. He appeared on mainstream media outlets like CNBC and Forbes discussing cryptocurrency price action in 2017. Balina has made millions as an influencer, investor, and entrepreneu -
Bitcoin Surging 19% Only the Beginning, Halving Will Propel to Meteoric Gains
On April 1, the bitcoin price initiated a large 19 percent rally from $4,200 to $5,000, peaking at $5,300 the next day across several major crypto exchanges. The rapid upside movement of bitcoin, which occurred in minutes, is said to have been triggered by two major factors. At $4,200, there were around $80 million worth of sell orders. As the sell orders were absorbed by buyers, it liquidated $500 million worth of short contracts. The absorption of massive sell orders, a short squeeze of bitcoi -
CME Group Bitcoin Futures Reported Record Trading Volume on April 4
CME Group’s Bitcoin futures reported a record trading volume on April 4, pointed out the derivative company -
Bitcoin Hovers Over $5,000 as Top Cryptos See Losses
Bitcoin hovers near the $5,000 mark most of the top 20 cryptocurrencies are reporting slight losses on the day by press time -
OKCoin is Attracting Institutional Customers With ‘Premier’ Crypto Service
OKCoin is consistently one of the top exchanges by adjusted volume. The exchange announced late yesterday its Premier program, which is aimed at institutional and high-volume clients. They’re targeting traders with at least $100,000 in volume in a 30-day period. The benefits are unique to an exchange with deep pockets: a dedicated account manager, guaranteed fast wire deposits (within 90 minutes when banks are open), and lower trading fees. OKCoin Competes for Big Business Current OKCoin u -
G20 Summit leaders could decide on international cryptocurrency regulatory framework in June - AMBCrypto News
G20 Summit leaders could decide on international cryptocurrency regulatory framework in June AMBCrypto NewsBitcoin's strong bullish rally earlier this week garnered the attention of institutions and governments alike, with many personalities tweeting about... -
Fundstrat Global Advisors Co-Founder Thomas Lee: Bitcoin Is Back in a Bullish Trend
Bitcoin is back in a bullish trend, Fundstrat Global Advisors co-founder Thomas Lee said in an interview -
The Easiest Way to Send and Lose Bitcoin in 2012
Early bitcoin adopter Dan Gallancy talks about the trials and tribulations of giving away bitcoin. -
Bitcoin Price Repeating the 2017 Bull Run Scenario: Kain Warwick
via newsbtc.comThe ongoing bitcoin price action could transform into a bull run as seen in December 2017, according to Kain Warwick.
The chief executive at Blueshyft, an Australia-based payment processing service, noted an increase in their daily volumes a day after the bitcoin rally began. He confirmed that the activity was as high as it was during the last bitcoin bull run – the same in which the asset’s price had jumped $5,500 to $20,000 in just a month, adding that retail buyers were coming bac -
The Media’s Cringeworthy Coverage of Bitcoin’s Latest Price Surge
From April Fools jokes to "mystery" orders fueling bitcoin's recent rally, mainstream media still struggles to get basic aspects of the crypto market. -
Central banks looking to cryptocurrency to replace cash - CryptoSlate
Central banks looking to cryptocurrency to replace cash CryptoSlateA central bank digital currency (CBDC) would see central banks distribute digital money which could be redeemed for their respective domestic fiat currencies. -
Coinbase CEO Brian Armstrong: Crypto Will Disrupt the Fringes of the Economy First
In a 45-minute long Ask Me Anything session conducted recently on YouTube, Coinbase CEO Brian Amstrong answered a lot of interesting questions, including questions about him personally. Like many of us, Armstrong says he was a nerdy kid growing up and was unpopular. Imagine Brian Armstrong as a Nerdy Kid He says his mother worked at IBM and the family had one of the earliest 486 models of computer, which he used to learn and experiment in technology. Primarily, Armstrong describes himself as a & -
Crypto Market Wrap: Monero Leads Markets in Weekend Consolidation
via newsbtc.comCrypto markets consolidating at the weekend; Minimal movement but Monero leading the way.
Market Wrap
Crypto markets are still holding up as we enter the weekend. Gains made in Tuesday’s epic pump have held and total market capitalization remains above $175 billion as the majority of crypto assets are in the green again today.
Bitcoin has remained over $5,000 for the best part of the past 24 hours. It is currently up a percent on yesterday’s prices and is trading at $5,030 at the tim -
IMF Managing Director Explains How Cryptocurrency is ‘Changing the Business Model of Commercial Banks’ - Coingape
IMF Managing Director Explains How Cryptocurrency is ‘Changing the Business Model of Commercial Banks’ CoingapeThe adaption and progress of Blockchain and cryptocurrencies have gained considerable momentum now which increases the responsibility of Global ... -
Cybersecurity team testing ternary computing to secure blockchain technology for cryptocurrency and other applications - Newswise
Cybersecurity team testing ternary computing to secure blockchain technology for cryptocurrency and other applications NewswiseThe team of Northern Arizona University researchers received a $125000 grant from the U.S. Air Force Research Lab to study how to apply technology to secure ... -
Bitcoin (BTC), Ethereum, Ripple and BCH Poised for Further Gains
via newsbtc.comBitcoin price is consolidating and likely setting up for a fresh rise above $5,050 against the US Dollar.
Ethereum, ripple, bitcoin cash and litecoin are trading with a positive bias above key supports.
There is a major bullish trend line formed with support at $4,820 on the hourly chart of the BTC/USD pair (data feed from Kraken).
The pair must clear the $5,050 and $5,100 resistance levels to start a fresh increase towards $5,300.Bitcoin (BTC) is trading with a bullish bias and it could rally -
Ripple Co-Founder Gives $25 Million Donation in XRP to San Francisco University
Ripple co-founder Chris Larsen has contributed $25 million in XRP to San Francisco State University’s College of Business -
Ripple (XRP) Surges Nearly 10% as Crypto Markets Continue to Climb
via newsbtc.comThe crypto markets have been able to maintain their upwards momentum today as they head towards the weekend, and many major cryptocurrencies have surged 2% or more. Ripple (XRP) has led the way today, surging nearly 10%.
Today’s surge came about after Ripple (XRP) hit its weekly support level, and analysts expect the crypto to see further gains in the near future as the markets continue to climb.
Ripple (XRP) Finds Support Around $0.33
At the time of writing, Ripple is trading up just unde -
Crypto Hero? Retiring CFTC Chief Bites Back at Anti-Bitcoin Bullies
The CFTC chief delivered more than an earful about the way some outsiders really feel about bitcoin. J. Christopher Giancarlo, chairman of the U.S. Commodity Futures Trading Commission (CFTC), is nearing retirement when his term ends later this month. Known as Crypto Dad to the SEC’s Crypto Mom Hester Peirce, Giancarlo might deserve the title as Crypto Hero, instead, considering the heat he has had to endure for refusing to stifle blockchain innovation. Crypto Dad Defends CFTC’s Bloc -
Gibraltar Stock Exchange Subsidiary Partners With Tokenization Platform
Gibraltar Stock Exchange Group ’s Hashtacs Inc. and STO Global-X will collaboratively launch an integrated solution to simplify the issuance of tokens -
Tech entrepreneur gives $25M in cryptocurrency to alma mater - Miami Herald
Tech entrepreneur gives $25M in cryptocurrency to alma mater Miami HeraldA tech entrepreneur and his wife have made a very Silicon Valley donation to his San Francisco alma mater _ $25 million, mostly in cryptocurrency. -
Crypto in the Mainstream: Ether Makes Cameo in Netflix Series
via newsbtc.comPopular movie and series streaming platform Netflix has just released the second series of its original show, The OA, and surprisingly, it features the use of the native crypto asset on the Ethereum blockchain, Ether (ETH). The science-fiction mystery drama revolves around a fictional online puzzle game (presumably an Ethereum-based decentralised application) called Q Symphony.
One of the characters in the show has won a substantial amount of Ether playing Q Symphony. Besides being Ethereum that -
AltDex Launches Cryptocurrency Index of Gaming-Related Tokens - Cointelegraph
AltDex Launches Cryptocurrency Index of Gaming-Related Tokens CointelegraphAltDex has launched a benchmark index designed to track tokens of blockchain-based projects related to video games. -
AltDex Launches Cryptocurrency Index of Gaming-Related Tokens
AltDex has developed an index designed to track tokens of blockchain-based projects related to video games -
Notable Bitcoin Bear Flips Bullish, Expects BTC to Go Parabolic in Near-Future
via newsbtc.comFollowing the recent bout of volatility that the crypto markets have experienced, Bitcoin (BTC) has been able to maintain stability around the $5,000 level, which is proving to be a level of relative support for the cryptocurrency.
Now, one prominent analyst and notable Bitcoin bear is flipping bullish on BTC, explaining that he would not be surprised if the cryptocurrency began a parabolic ascent similar to that seen in late-2017.
Bitcoin (BTC) Stable Around $5,000 Level
At the time of writing,
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