Archive for November 22nd, 2020

PrimeXBT Analysis: Oil outlook Worsening As We Move Into The Final Quarter Of The Year

November 22, 2020 | By | Reply | 13 Readers More
PrimeXBT Analysis: Oil outlook Worsening As We Move Into The Final Quarter Of The Year

This year has not been a particularly good one for any of the markets. From commodities to stocks, even cryptocurrencies and forex, external geo-political concerns have laid a blanket of fear and uncertainty over the markets. Covid-19 and the global pandemic surrounding it has been the main driver for poor performing markets. However, the major […]

Read More

Bitcoin Shoots Past $18,000; Analysts Discuss Why

November 22, 2020 | By | Reply | 15 Readers More
Bitcoin Shoots Past $18,000; Analysts Discuss Why

Bitcoin has shot past the $18,000 mark, the highest it’s been since 2017. The currency remains on one of the biggest runs of the past three years. Many analysts are now convinced that the asset will reach its all-time high yet again before the year is out. Bitcoin Continues to Rock the Boat So, why […]

Read More

Bitcoin Has a Higher Market Cap Than All Public Companies But 17

November 22, 2020 | By | Reply | 15 Readers More
Bitcoin Has a Higher Market Cap Than All Public Companies But 17

Bitcoin has seen a strong surge over recent weeks amid a muted background for the stock market. The price of the leading cryptocurrency has rocketed higher by approximately 70% in the past five weeks while the S&P 500 has only gained a few percent over that same time frame. This rally in the price of […]

Read More

Ethereum Soars 23% Weekly To New 30-Month High: Is $600 Incoming? (ETH Price Analysis)

November 22, 2020 | By | Reply | 14 Readers More
Ethereum Soars 23% Weekly To New 30-Month High: Is $600 Incoming? (ETH Price Analysis)

ETH/USD – Ethereum Returns To June 2018 Price Levels Key Support Levels: $550, $521, $500. Key Resistance Levels: $580, $600, $620. Ethereum broke the $500 level for the first time in 2020 last Friday as it surged into the $511 resistance. Yesterday, the bulls continued to drive ETH even higher as they closed the day […]

Read More

How to choose a crypto exchange in UK?

November 22, 2020 | By | Reply | 15 Readers More
How to choose a crypto exchange in UK?

Disclaimer: The text below is a press release that was not written by Cryptonews.com. When choosing the crypto exchange to trade cryptocurrencies, you should pay attention to such indicators as platform reliability, availability of trading instruments and liquidity. The greater the trading volume at a given exchange, the higher the liquidity and the greater the […]

Read More

Depending on this metric, Bitcoin may be due for a correction!

November 22, 2020 | By | Reply | 13 Readers More
Depending on this metric, Bitcoin may be due for a correction!

With Bitcoin and most of the market’s altcoins rallying in the backdrop, the Stablecoin Ratio seems to be highlighting the rise of sell-side pressure. At the time of writing, Bitcoin was trading at $18,649, with the asset successfully staying above $18,000 for over 24 hours now. In fact, the reserves on spot exchanges are dropping […]

Read More

KuCoin inches closer to recovery by reopening deposits and withdrawals

November 22, 2020 | By | Reply | 13 Readers More
KuCoin inches closer to recovery by reopening deposits and withdrawals

In the latest step towards full recovery after a devastating hack in September, Crypto exchange KuCoin announced today in a blog post that it has “restored the deposit and withdrawal services of all tokens.”  The announcement follows a partial reopening that took place in October where users could move their BTC, ETH, and USDT off […]

Read More

This Bitcoin Bull Run Is Quite Different, Experts Claim

November 22, 2020 | By | Reply | 11 Readers More
This Bitcoin Bull Run Is Quite Different, Experts Claim

Bitcoin, the world’s number one cryptocurrency by market cap, has got everyone feeling joy and excitement about investing again. The asset is looking to make headlines as much as it can before the end of the year, and the currency is presently trading past the $18,000 mark for the first time in roughly three years. […]

Read More

Polkadot Aims to Become The New Home for The $14 Billion DeFi Industry

November 22, 2020 | By | Reply | 13 Readers More
Polkadot Aims to Become The New Home for The $14 Billion DeFi Industry

The decentralized finance (DeFi) ecosystem has seen a parabolic explosion in usage since the start of 2020. Data indicates that the total value locked in DeFi applications has just reached a new all-time high of $14.39 billion. At the start of 2020, this metric was closer to $500 million. Dune Analytics also reports that the […]

Read More

Here’s What the Data Is Saying

November 22, 2020 | By | Reply | 10 Readers More
Here’s What the Data Is Saying

Source: Adobe/jozefmicic Bitcoin (BTC), is back in a full-blown bull market, ethereum (ETH) and altcoins are rallying too, prompting a hiring spree at leading digital asset exchanges. To gain further insight into what direction the crypto industry is heading, we will delve into some of the publicly available current job listings at leading crypto exchanges […]

Read More