Ethereum 

Ether (ETH) Looks to Break Nearly 2-Year Bear Market Against Bitcoin

This past week, Bitcoin (BTC) price had many investors biting their nails as the top crypto asset turned bearish and is currently fighting to stay above crucial support at $8,300.  Meanwhile, altcoin investors are growing increasingly bullish sentiment wise and a number of lesser-known altcoins rallied impressively throughout the week. Ether price (ETH) is also heating up and the ETH/BTC pair is continuing to flash bullish signals.  Crypto market data daily view. Source: Coin360 The Nov. 15 drop from $186.59 brought Ether price below the ascending trendline and below the…

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Bitcoin 

These 4 Facts Show How ‘Boring’ Bitcoin Is Crushing the Stock Market

Analytics company Blockforce Capital published the October edition of its in-depth crypto markets overview on Nov. 11. Packed with information, the report provides a surplus of data on the overall state of the cryptocurrency markets, noting that Bitcoin (BTC) still outpacing traditional markets. Bitcoin gets boring in November but… November has thus far been rather uneventful if not boring with regards to price action. However, Bitcoin has had an eventful October. Last month started off slow but ended with Bitcoin skyrocketing from $7,300 to $10,500.  Shortly after, the asset quickly…

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Ethereum 

Market Mostly Trades Sideways as Bitcoin Price Hovers Around $8,800

Tuesday Nov. 12 — Cryptocurrency markets are largely trading sideways with many changes among the top-20 coins not exceeding 1% on the day. Cryptocurrency market daily overview. Source: Coin360 Bitcoin (BTC) has been trading sideways for the better part of the day and continues to circle the $8,800 price mark. The world’s largest cryptocurrency bounced off a local low of $8,705 earlier today before moving to its current trading price at around $8,750, showing a small gain of 0.27% on the day. BTC daily price chart. Source: Coin360 Bitcoin continues…

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Bitcoin 

Are Bitcoin and Other Cryptos Back in a Bear Market After Latest Drop?

On Nov. 8, Bitcoin corrected from $9,200 to $8,650, causing the market sentiment to shift from greed to fear once more.  The correction came after one of the biggest surges in the history of Bitcoin (BTC), which makes the sentiment shift curious. Let’s take a look at the market overview and analyze the charts. Crypto Market Daily Data View. Source: Coin360 Bitcoin loses 200-Day Moving Average as a key indicator The recent correction made Bitcoin price lose the 200-Day Moving Average (MA), which is a key indicator for many traders…

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Bitcoin 

Market Mostly Trades Sideways as Bitcoin Price Hovers Around $9,100

Thursday Oct. 31 — Cryptocurrency markets are largely trading sideways with most changes among the top-20 coins not exceeding 1% on the day. Cryptocurrency market daily overview. Source: Coin360 Bitcoin (BTC) has been trading sideways for the better part of the day and continues to circle around the $9,100 price mark. The coin bounced off a local low of $8,960 earlier today before moving to its current trading price at $9,149, showing a small loss of 0.74% on the day. BTC daily price chart. Source: Coin360 Bitcoin is fighting hard to hold…

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Bitcoin 

The Fed Just Printed More Money Than Bitcoin’s Entire Market Cap

Bitcoin (BTC) proponents are voicing fresh alarm after the United States Federal Reserve printed more than its entire market cap in new money this month. Fed balance sheet approaches $4T As noted by cryptocurrency social media pundit Dennis Parker on Oct. 21, since mid-September, the Fed has injected $210 billion into the economy.  Part of its newly-revitalized quantitative easing (QE) strategy, the move dwarfs the total market cap of Bitcoin, which stands at $148 billion.  QE refers to the buying up of government bonds in order to provide economic stimulus.…

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Ethereum 

Crypto Firms Join Azure as Microsoft Fights Amazon for Market Share

Thanks to the high computational flexibility that it offers, the influence of cloud computing on the blockchain space continues to grow. It’s less of a surprise, then, that cloud computing giants — such as Amazon, Microsoft, Oracle and Google’s parent company Alphabet — are leading the charge to merge blockchain, especially the enterprise type, and the cloud. Microsoft in particular has been actively engaging with blockchain startups that are developing blockchain solutions for the enterprise market, working with them to deploy their solutions on the Microsoft Azure cloud infrastructure. The…

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Cryptocurrency 

The Next Big Derivative to Hit the Market?

The United States Commodity Futures Trading Commission (CFTC) hasn’t come to bury Ether, it’s come to regulate it. That was the message drawn from Heath Tarbert’s remarks from the stage at Yahoo Finance’s All Markets Summit in New York City on Oct. 10, which could have important consequences for the crypto and blockchain industry. He went on: “It is my view as Chairman of the CFTC that Ether is a commodity, and therefore it will be regulated under the CEA. And my guess is that you will see in the…

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Bitcoin 

Bear Trap? Bitcoin Price Bullish Divergences Emerge Amid Market Fear

While Bitcoin price (BTC) is moving in a close range and altcoins start to move upwards, the overall sentiment of the market is still fear. Crypto market data. Source: Coin360 Fear is a normal expression seen from investors during downwards trending markets as traders and investors tend to be fixated by short term movements, similar to the euphoria in December 2017.  However, is it justified to have this fear checking the macro perspective of the market, or is it providing a great buy opportunity? Bitcoin stuck in a cage BTC…

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