Next Bitcoin ‘Buy The News’ Event Upcoming?
“Taper” and “volatility” seem to be the words of the month as Bitcoin gets further away from its $69,000 November all-time high. Along with the short-term bearish sentiment in the crypto market, BTC had a pullback on December 13th dripping below $48,000. Some people see more downsides and others rather bid for BTCUSD gains. Investors have derisked as all eyes are on and the current Federal Open Market Committee (FOMC) meeting and the U.S. Federal Reserve tapering of asset purchases, fearing Chairman Jerome Powell will be –too– hawkish. There are many speculations....
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The fourth Bitcoin halving has now been completed and crypto investors look forward to its outcome in terms of the price of Bitcoin and other cryptocurrencies. As the biggest crypto asset, the price of most altcoins are largely correlated with Bitcoin’s, making the halving event very important to all investors. Related Reading: Stablecoins Get A […]
Analysts caution against a potential “buy the rumor, sell the news” pullback for ETH while historical data shows that the price tends to rise following major network upgrades. Ethereum advocates are bubbling with anticipation over the upcoming London hardfork which is scheduled to take place at block height 12,965,000 on Aug. 5.Data from Cointelegraph Markets Pro and TradingView shows that the price of Ether rallied from a low at $2,450 in the early hours on August 4 to an intraday high at $2,772 for an 8.2% gain on the day.ETH/USDT 4-hour chart. Source: TradingViewOne of the most common....
Ethereum is coming into heavy resistance north of $1,900 as the cryptocurrency attempts to push further into previously lost territory. Today, ETH core developers announced a tentative date for the upcoming “Merge” event set for September 15 to 16, 2022, which could bolster bulls’ attempts to climb higher. Related Reading: Bitcoin aSOPR Fails Retest Of Historical Bull-Bear Junction At the time of writing, Ethereum’s (ETH) price trades at $1,888 with 3% profits in the last 24 hours and a 17% profit in the last week. “The Merge” is the event that will complete Ethereum’s....
Cardano smart contracts upgrade is almost upon us. With just three days left, there is a lot of speculation as to what the price of the digital asset will do until then. The weeks leading up to the launch have seen the asset hit multiple new all-time highs. That is until the crash that rocked the market on September 7th. Cardano suffered an 18% flash crash that saw it lose most of its gains for the previous weeks. Now, with the market still reeling from the crash, the digital asset has begun to regain some of the lost value. But at a much slower pace. One news that has helped to hold the....
The spreading of “fake news” has become a common occurrence and a real problem in today’s media. To combat this phenomenon, Polish blockchain startup Userfeeds plans to tokenize news discovery to incentivize users to rank high-quality news content in order to filter out fake news from real news. Warsaw-based Userfeeds is developing a new solution that uses “the principles and methods of Bitcoin and Ethereum to create transparent and publicly auditable content networks and ranking algorithms that use digital tokens as ranking signals,” according to a statement on the company’s blog. The....