Archive for November 16th, 2020

Crypto Listing and Delisting Announcements: Week 46

November 16, 2020 | By | Reply | 11 Readers More
Crypto Listing and Delisting Announcements: Week 46

Source: iStock/oonal Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ Bancor V2.1 Listings:Aleph.im (ALEPH) BiboxListings:BonFi (BNF) BilaxyListings:Swag Token (SWAG)Pepemon (PPBLZ)ShareToken (SHR)DeCash […]

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Here’s what you should know if you’re long on ETH

November 16, 2020 | By | Reply | 14 Readers More
Here’s what you should know if you’re long on ETH

While Ethereum was trading above $450 at press time, the ETH-BTC correlation remained tight at around 0.76, based on data from CoinMetrics. In fact, Ethereum’s price has gained by 3.69% over the past week and considering the progress of ETH 2.0’s validator nodes, it may seem obvious that many traders are long on ETH.  High […]

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Bitcoin Price Continues to Roar Higher, Pushing to $16,750

November 16, 2020 | By | Reply | 11 Readers More
Bitcoin Price Continues to Roar Higher, Pushing to $16,750

Bitcoin has continued to soar higher after our last market update. The cryptocurrency recently traded as high as $16,770, a new year-to-date high and a new multi-year high. Many analysts saw this latest leg higher as notable as BTC moved above $16,600, the level at which John McAfee famously tweeted the following statement: “Bitcoin now […]

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$20K is a Stepping Stone to $1 Trillion Market Cap for Bitcoin: Bloomberg Senior Strategist

November 16, 2020 | By | Reply | 11 Readers More
$20K is a Stepping Stone to $1 Trillion Market Cap for Bitcoin: Bloomberg Senior Strategist

It has been quite a year for Bitcoin, both in terms of price action and adoption. After recording its biggest daily price drop to $3,600 in March due to the COVID-19 pandemic, the cryptocurrency is now trading less than 25% from the all-time high of 2017. Analysts are bullish and believe that bitcoin is poised […]

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Bitcoin price must break this level to extend 6-week winning streak

November 16, 2020 | By | Reply | 10 Readers More
Bitcoin price must break this level to extend 6-week winning streak

Bitcoin price has been showing significant strength as Bitcoin (BTC) rallied by more than 60% in a matter of six weeks, surging from $10,000 to $16,500 and leaving many investors behind. These investors were waiting for the close of the CME gap at $9,600, which didn’t occur. However, can the markets expect a correction to happen, […]

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Bitcoin Mining Difficulty Jumps, SEC Boss Leaves Early + More News

November 16, 2020 | By | Reply | 12 Readers More
Bitcoin Mining Difficulty Jumps, SEC Boss Leaves Early + More News

Source: Adobe/agnormark Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Mining news Today, Bitcoin (BTC) mining difficulty, which is the measure that shows how hard it is to compete for mining rewards, increased by 4.82%, reaching 17.6 T, as more miners […]

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Moderna COVID-19 Vaccine News Sends Bitcoin To a New 2020 High

November 16, 2020 | By | Reply | 16 Readers More
Moderna COVID-19 Vaccine News Sends Bitcoin To a New 2020 High

The situation around a possible vaccine for the novel coronavirus COVID-19 continues to develop. Today, Moderna Therapeutics, one of the world’s largest pharmaceutical companies, announced that its preliminary data shows its coronavirus vaccine is more than 94% effective. This sent its stock price higher and major indices, which are all trading in the green following […]

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Chinese Bitcoin Miners Can’t Pay Power Companies as Government Reportedly Freezes Bank Cards

November 16, 2020 | By | Reply | 14 Readers More
Chinese Bitcoin Miners Can’t Pay Power Companies as Government Reportedly Freezes Bank Cards

The ongoing assault on money laundering in the Chinese telecoms and crypto industry has seen Bitcoin miners facing difficulties in paying electricity bills as banks freeze cards associated with cryptocurrency transactions. Three-quarter of Chinese Bitcoin Miners Can’t Pay for Electricity According to a local news outlet, in a tweet thread on November 16, 2020, Chinese […]

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Ethereum Price Analysis: ETH Facing Huge Resistance On Its Way To $500

November 16, 2020 | By | Reply | 13 Readers More
Ethereum Price Analysis: ETH Facing Huge Resistance On Its Way To $500

ETH/USD – Ethereum Stalled By September High-Day Closing Price Key Support Levels: $445, $439, $430. Key Resistance Levels: $462.50, $475, $490. Etheruem reached as high as $475 last Friday, where it hit the resistance at the September high-day close. From there, it headed lower over the weekend, which was largely due to Bitcoin dropping back […]

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Bitcoin Price to Reach $318K by December 2021 as the New Gold, Citibank Director Says

November 16, 2020 | By | Reply | 13 Readers More
Bitcoin Price to Reach $318K by December 2021 as the New Gold, Citibank Director Says

Bitcoin is the new gold, said Thomas Fitzpatrick – a Managing Director in the giant multinational bank Citibank. He also predicted that BTC could skyrocket to $318,000 per coin in the upcoming 13 months by exploring several historical price cycles and the ongoing economic uncertainties. Bitcoin Is The Gold Of The 21st Century Fitzpatrick has […]

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