Bitcoin Dodges Bear Markets as US Stocks Plummet

While there was blood on Wall Street yesterday, Bitcoin continued to defy sceptics holding steady at $13,000.

The “Sky is the Limit” for Bitcoin as Weekly Close Shatters the Bear Case

Bitcoin has seen some incredible strength throughout the past couple of weeks, with the confluence of a strong market structure and an undercurrent of positive developments both helping to drive it higher.

3 key metrics and disinterest from pro traders hint at Bitcoin price sell-off

Bitcoin price is chasing another 2020 high but top traders refusing to open longs is a bearish signal. For novice traders, FOMO can be a heavy burden to bear.

Sellers Step In As Bitcoin Soars, But Could Lead To Short Squeeze Higher

Bitcoin price nearly hit $13,000 today after an almost $1,000 intraday candle tapped the remaining bear market resistance keeping new all-time highs at bay a little while longer.

Blast From The Past: Atari Crypto Token To Debut On Bitcoin Website

In February 2018 before the crypto bear market truly took hold over Bitcoin and other assets, companies that had little to do with blockchain began announcing tokens of their own, many that never came to fruition.

DeFi Audit Firms Seeing ‘Overwhelming Demand’ Even Amid Token Price Slump

Overbooked audit firms are “rejecting” DeFi projects for code checks as the young sector wallows in its first bear market.

Here’s Why Bitcoin’s Latest Monthly Close Has Struck a Blow to Its Bear Case

Bitcoin had a major macro candle close yesterday, posting both its monthly and quarterly candle.

Bitcoin ‘difficulty ribbon’ chart hasn’t been this bullish since March

Bitcoin difficulty ribbon compression has broken out of a bear trend it has been in since the March coronavirus crash. Bitcoin (BTC) simply needs history to repeat itself to see significant price rises, according to two indicators now flipping bullish. On Sep.

Bitcoin Descending Triangle Hints At Third Downtrend Before Bear Market Finish

Bitcoin price has now set a handful of lower highs on the daily timeframe but has yet to make a lower low, confirming a downtrend.

Bitcoin price sets record for most days above $10,000

Daily closes for BTC/USD have been above $10,000 since July 27, and that’s a new record, data shows. Bitcoin (BTC) has hit a new price record — but this time, it’s stamina which is delighting the bulls. As various analysts and well-known Bitcoiners noted this week, the Bitcoin price has stayed above $10,000 longer than ever in history. Pomp: Bitcoin “proving bearishness wrong” In what Morgan Creek Digital co-founder Anthony Pompliano suggested is a knock to bears, BTC/USD has now closed above $10,000 every day for 63 days. This represents a longer chain of daily closes than ever before, and Pompliano, also known as Pomp, claims that it waters down the Bitcoin bear case. “Dear Bitcoin haters, Bitcoin has spent a record 63 straight days above $10,000 and is only showing signs of going higher,” he tweeted on Sep.

Cardano Rejects at Pivotal Resistance After 30% Surge: The ADA Bear Case

Cardano (ADA) has undergone a strong surge to the upside over recent days.

'DeFi was vaporware from its onset' says known crypto bear Roubini

He's been dismissive of all things crypto for years, but does he have a point this time? Known for his previous comments criticizing the crypto industry, economist Nouriel Roubini recently posted fresh negativity against the digital asset sector. "DeFi was vaporware from its onset," he said in a Sept.

Decoupling? Bitcoin vs. gold ratio snaps out of 3-year bear market

A long-term downtrend flips to form bullish support as Willy Woo says Bitcoin’s days of tracking traditional markets are numbered. Bitcoin (BTC) may soon “decouple” from traditional assets, says statistician Willy Woo as a key gold relationship breaks out of a long-term downtrend. In a tweet on Sep.

Bitcoin Price Analysis: Crucial Moment For BTC After Closing Under 150-Day Support, Bear Market Inbound?

Bitcoin’s price has just closed underneath the primary channel support (yellow line) on the daily chart for the first time since April 26, 2020 – over 151 days ago.

Chainlink Correction “Healthy,” But Losing $8 Could Turn Holders Into “Submarines”

No cryptocurrency has outperformed Chainlink over the last two years of the bear market.

Bitcoin is the present-day Hydra... anti-fragile as ever!

With the markets going the way they are, an asset that is resolute and can withstand seismic changes would bear importance.

First Mover: Ethereum Gets Unplanned Stress Test as DeFi Fever Grows

The Ethereum blockchain's soaring gas prices don't seem to have deterred customers, as DeFi usage grows and tests what the market can bear.

Ethereum scalability issues exposed as high gas fees stall DeFi boom

Despite Ethereum’s proposal to fix its high fees, some feel that more needs to be done to improve the network. The crypto market has been on the receiving end of a market downturn during the past week, with many cryptocurrencies facing drops in valuation almost overnight, raising concerns that a bear market has commenced. Furthermore, in the wake of this market turmoil, Ethereum network transaction fees have surged, recently achieving an all-time high, thanks in part to the influx of many new on-chain transactions initiated by various decentralized finance protocols that have made their way into the crypto domain in recent months. And while DeFi has provided investors with financial products through decentralized exchanges by way of various lending protocols that reward liquidity providers, this very facet of the technology has resulted in the creation of an undesirable environment of high transaction fees that, in turn, has gravely affected the value of many tokens. Technically speaking, Ethereum’s existing gas prices respond to the relatively limited number of transactions that one can facilitate using a single block.

Crypto Critic Peter Schiff Says He Was Wrong About Bitcoin, Claims Crypto Bear Market Is Back

Outspoken crypto critic Peter Schiff admits that he made a wrong call on Bitcoin.

Peter Schiff: 'I was wrong about Bitcoin'

The gold bug still thinks Bitcoin’s drop to $10K indicates a bear market.

SaTT Breaks the Bank With $1 Million Collected in 48 Hours – The ICO Race Is Back?

After 2 years of development and an initially difficult experience (in the middle of a bear market), the SaTT project, which offers an original advertising solution based on blockchain and is already working with the biggest social networks such as Facebook, Twitter, YouTube, and Instagram, has just achieved exceptional performance, selling more than a million […]

Unlimited QE and an Index Portfolio: How Fed Chair Jay Powell Can Pump His Bags

In mid-August the US stock market defied odds and mainstream media claimed after the Standard & Poor’s 500-stock index touched new heights on August 18, it ‘officially’ ended the “shortest bear market in history.” Interestingly while roughly 30 to 40 million Americans face the risk of eviction, the 16th Chair of the Federal Reserve, Jerome […] The post Unlimited QE and an Index Portfolio: How Fed Chair Jay Powell Can Pump His Bags appeared first on Bitcoin News.

Chainlink faces another make or break moment

The view from the top was pretty for Chainlink and its LINK Marines, but the reality of a bear trend is now unfolding in front of their eyes.

Care Bears Go Crypto in The Sandbox Blockchain Game

No word yet on whether the Care Bear Stare provides any sort of economic advantage in the virtual metaverse.

Ethereum Slides 14% In 24 Hours, Bear Div Hints At Deeper Drop Ahead

Few cryptocurrencies have had as explosive growth in 2020 as Ethereum has.

Bitcoin Skeptic Peter Schiff Wants You to Gift BTC to His Son

Bitcoin Twitter recently found out that prominent Bitcoin bear Peter Schiff’s son was into cryptocurrency.

Analysis: The Current Bitcoin Bullish Cycle Could Last Until 2022

Research into previous Bitcoin bull and bear cycles may offer an indication as to how long the current cycle will last, and it could be a while longer yet. The post Analysis: The Current Bitcoin Bullish Cycle Could Last Until 2022 appeared first on CryptoPotato.

Bitcoin Rally, Altcoin Season Take Crypto Market Recovery To Pre-Bear Market Levels

The total crypto market capitalization is up over 80% year to date, adding a staggering $155 billion in just eight months.

Tone Vays: New Bitcoin Bull Cycle Is Here, With BTC Targeting $50K – Here’s When It Could Happen

Veteran trader and crypto strategist Tone Vays is no longer a Bitcoin bear.

Why An Analyst Thinks Litecoin Is “One of the Better Bearish Plays”

After a multi-year bear market, Litecoin (LTC) has finally begun to move higher over recent days.

This Should Be the Start of the Next Full-Blown XRP Bull Run: Analyst

XRP has been performing well over recent weeks, shaking off the multi-year bear market that it went through.

Ripple Aims to Become the Amazon of the Cryptocurrency World

Ripple is working to explore new use cases for its blockchain network. The much-debated blockchain firm Ripple is now planning to expand its use case far beyond just streamlining cross-border payments in partnership with national and international banks. Ripple had focused its efforts solely on cross-border payments for the past five years when Brad Garlinhouse joined the company as the chief executive officer. Despite their unprecedented success as a software solution provider to financial entities, Ripple has seemingly come to a realization that the company’s core value still lies in the associated cryptocurrency XRP and the Ripple blockchain. While the company had mostly worked with banks and directly funded millions to blockchain and cryptocurrency startups, it is now taking a step back and revising its growth strategy. According to a Financial Times report, Ethan Bear, the head of Ripple’s developer efforts said that they were moving from “writing cheques to writing code,” implying that the company was planning to go big on promoting the creation of new applications on the Ripple network. Showing optimism about the move to make their blockchain platform equally worthy as the highly-rated cryptocurrency, Garlinghouse said they wanted to make Ripple the Amazon of the cryptocurrency world: “Amazon started as a bookseller and just sold books.

Trader Who Called Bitcoin Crash Says This Altcoin Could Surge 22,900%, Predicts BTC Burst to $115,000

A cryptocurrency trader and strategist who accurately predicted last year’s Bitcoin crash says one altcoin that was hammered during the brutal bear market has massive upside potential.

This Eerie Ethereum Bear Market Fractal Is Predicting a Rally Above $1,000

Ethereum has seen an explosive price performance over the past three weeks.

Bitcoin feels the coronavirus pinch in Japan

It didn’t take a bear market for Japanese traders to cut back on their Bitcoin obsession.

Tokenized Real Estate Hasn’t Lived Up to the Hype: Property Researcher

Despite early hype, real estate tokenization has failed to garner significant momentum, leading some to question its future viability. As the initial coin offering (ICO) boom subsided and the 2018 crypto bear trend began to set in, many analysts predicted that security tokens may drive the next market cycle — with the vast capital locked in the real estate sector being eyed hungrily for tokenization. However, with the Bitcoin halving, Ethereum 2.0, and the emergence of DeFi capturing the imagination of crypto markets recently, real estate tokenization is no longer the flavor of the month, and some are questioning its viability. Real estate tokenization in 2017/2018 In an article in The Investor, director of global research at real estate service company JLL, Matthew McAuley, stated: “It’s been very slow going with blockchain in real estate, despite it being touted as a game-changer for a number of years now.” The first property sale settled using cryptocurrency happened in 2017 when a $60,000 dollar apartment in Ukraine’s capital of Kiev was purchased by TechCrunch founder Michael Arrington using Ether via the Propy platform.  The following year, 2018, the momentum continued with ‘Aspen Coin’ distributing tokens representing $18 million in fractionalized ownership in a five-star, 179-room resort in Colorado.

Despite Stock Market Disaster Predictions, Bitcoin Markets Permeate Bullish Signals

A number of Wall Street veterans like Bear Traps Report author, Larry McDonald, think that markets might see some “disastrous and unimaginable” impacts in the near future.

Why An Analyst Says Ethereum Has At Least 1 Month of Bullish Fuel

Against Bitcoin, Ethereum has been embroiled in a brutal bear market for the past two years.

Best Defi Interoperability Solutions – Exploring Fusion vs Cosmos vs Polkadot

After the famous bull market of 2017, the cryptocurrency market experienced a very long and harsh bear market.

Bitcoin (BTC) Bear Goldman Sachs Seeking Engineer With Ethereum (ETH) Experience – Here’s Why

Goldman Sachs is looking for a software engineer with Ethereum (ETH) experience less than two months after officials at the banking giant blasted Bitcoin as a nonviable investment.

This 2016 Bear Market Fractal Shows Bitcoin Could Shoot Towards $20k in 2020

Bitcoin’s consolidation over recent weeks has convinced some traders that there is a move to the downside in the works.

XRP Rally Risks Strong Retracement in Pivotal Battle With Bitcoin

After years of underperformance compared to the rest of the crypto market, XRP has been pumping from bear market lows.

By Definition, Bitcoin Is Still in a Bear Market: Why This Will Soon Change

Bitcoin has rebounded strongly since the capitulation lows seen in March.

Trend Indicator: Bear Market Didn’t End After Bitcoin’s $3,700 Capitulation

Bitcoin price is once again flirting with resistance above $10,000 but has yet to penetrate and hold above the key level.

Small Cap Altcoins Have Outperformed Bitcoin By 5x in 2020

Over the last several years of crypto bear market, Bitcoin has vastly outperformed altcoins of all types.

Market Update: Crypto Assets Slowly Gather Gains, Bitcoin Needs Capital Inflow, ADA Jumps 85%

Cryptocurrency market prices have improved a great deal since our last market update, as the overall market capitalization of all 5,700+ coins has gained $16 billion since June 14.