Day: June 25, 2019

Ethereum (ETH) Price Prediction: Primed To Surpass $325

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ETH price remained well bid above the key $300 support area against the US Dollar. The price is currently moving higher and is placed nicely above the $310 pivot level. There is an ascending channel forming with support near $309 on the hourly chart of ETH/USD (data feed via Kraken). Bitcoin price is also gaining momentum and it could trade further above $11,500. Ethereum price is slowly gaining traction above $310 versus the US Dollar, whereas consolidating vs bitcoin. ETH price is likely to break the $320 and $325 resistance…

Bitcoin (BTC) Rocketing Past $10,000 Led to Massive Increase in Interest –

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Bitcoin Foray Past $10,000 Unleashes FOMO Ever since Bitcoin (BTC) passed $10,000 on Friday or on Saturday morning (depending on what time zone you’re in), there’s been a buzz felt within the cryptocurrency community. Investors are euphoric, mainstream media coverage (CNBC, Bloomberg, Forbes, Financial Post, Reuters, etc.) is back, and cynics are beginning to double-down on their hate for BTC — a telltale sign that they’re experiencing disbelief. This isn’t blatant postulation. As crypto-centric analytics service The TIE points out, once Bitcoin moved past $10,000 for the first time since…

Bitcoin (BTC) Rocketing Past $10,000 Led to Massive Increase in Interest –

boss

Bitcoin Foray Past $10,000 Unleashes FOMO Ever since Bitcoin (BTC) passed $10,000 on Friday or on Saturday morning (depending on what time zone you’re in), there’s been a buzz felt within the cryptocurrency community. Investors are euphoric, mainstream media coverage (CNBC, Bloomberg, Forbes, Financial Post, Reuters, etc.) is back, and cynics are beginning to double-down on their hate for BTC — a telltale sign that they’re experiencing disbelief. This isn’t blatant postulation. As crypto-centric analytics service The TIE points out, once Bitcoin moved past $10,000 for the first time since…

Ethereum-Based Synthetic Asset Platform Loses Over 37M Tokens in Oracle Attack

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The Ethereum-based synthetic asset issuance platform Synthetix has lost over 37 million synthetic ETH (sETH) in an oracle attack, according to a report by The Block on June 24. While the amount of sETH in question is known to be over 37 million, the price of this loss in U.S. dollars is reportedly unknown due to its relative illiquidity on secondary markets. Synthetix allows users to mint and trade synthetic currencies peer-to-peer (P2P) on the Ethereum blockchain. One such synthetic currency is the token sETH, which apparently tracks the price…

Chance of a Strong Bitcoin (BTC) Pullback on the Rise: Analysts –

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Unlike previous weekends in this uptrend, Bitcoin (BTC) was rather mild on Saturday night and Sunday. As of the time of writing this, BTC has found itself trading for $11,000 flat — down some 3% from year-to-date highs, but up a mere 0.2% in the past 24 hours.  With this lack of immediate bullish continuation, some analysts have begun to fear that Bitcoin may, at least for the time being, be susceptible to a rapid drawdown. This is reminiscent of when BTC hit $9,100 in late-May, which was a move that sparked…

Chance of a Strong Bitcoin (BTC) Pullback on the Rise: Analysts –

boss

Unlike previous weekends in this uptrend, Bitcoin (BTC) was rather mild on Saturday night and Sunday. As of the time of writing this, BTC has found itself trading for $11,000 flat — down some 3% from year-to-date highs, but up a mere 0.2% in the past 24 hours.  With this lack of immediate bullish continuation, some analysts have begun to fear that Bitcoin may, at least for the time being, be susceptible to a rapid drawdown. This is reminiscent of when BTC hit $9,100 in late-May, which was a move that sparked…