Day: September 22, 2020

Analysts Fear a Bitcoin Drop Towards the $9,600 CME Gap as Price Plunges

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Bitcoin could soon move towards the crucial CME futures gap at $9,600, formed when the cryptocurrency surged from the $9,000s in late July and early August. The CME futures is closed on the weekends, despite Bitcoin spot markets still trading. This forms natural gaps in the CME’s price action, many of which are filled within a week after they were opened. Related Reading: Ethereum Transaction Fees Surge to All-Time Highs After Uniswap Launch Bitcoin Could Fill the CME Gap Soon: Analysts BItcoin will soon fill the CME gap according to…

Hong Kong Blockchain Week 2020 Goes Virtual to Feature International Leaders of Finance and Tech

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Place/Date: Hong Kong – September 21st, 2020 at 11:46 pm UTC · 3 min read Contact: NexChange, Source: NexChange The 2nd Annual Hong Kong Blockchain Week 2020 hosted by The NexChange Group will be held between the 17th and 19th of November 2020. The core event of the week is the Block O2O Virtual Global Summit which is set for November 18th. The conference is set to be an ideal platform to look back at what 2020 has brought to the industry development, and to carry out prolific discussions about…

Chainlink Faces Grim Outlook as it Nears Bedrock Support Level

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Chainlink’s price has been witnessing massive inflows of selling pressure throughout the past few weeks, with buyers being unable to garner any control of its mid-term trend in the time following its rejection at $20.00. The cryptocurrency has now firmly broken below its previous support level at $10.00 and appears to be in a precarious position as analysts watch for further downside in the near-term. While speaking about the cryptocurrency’s current outlook, one analyst explained that he is now targeting a decline down towards $7.90, which appears to be a…