Bitcoin bounces back above $8,500; will it continue the uptrend?BTC ⬆️ $8484 (+1.5%) / ETH ⬆️ $162 (+0.4%) / XRP ⬇️ $0.22 (-0.5%)
📈Ad: Trade with $0 Commissions on the ShortHop Crypto Marketplace. Learn more Bitcoin bounces back above $8,500; will it continue the uptrend?Bitcoin is back above the $8,500 barrier signaling a potential further advance. On Jan. 19, Bitcoin reached a yearly high of $9,170. The milestone served as a take profit point for many investors triggering a retracement. Since then, the flagship cryptocurrency pulled back 10 percent to hit a low of $8,250 on Jan. 24. This […] Data shows Ripple sold less XRP in Q4 2019, so why does its price continue to decline?Ripple reported a considerable decrease in XRP sales in Q4 2019, but the price of this cryptocurrency continues declining. Nearly 1 million Bitcoins worth $8.4 billion now held in Coinbase’s cold storage walletsSan Francisco-based crypto exchange Coinbase is reportedly holding nearly 1 million Bitcoin (BTC) in its cold storage wallets. Ethereum could be primed for a move to over $200 despite ongoing selloffEthereum (ETH) has been closely tracking Bitcoin’s price action over the past couple of weeks, which allowed it to post massive gains throughout the first part of the month, before setting a local top that has been followed by firmly bearish downside. Analyst: this dire technical formation may spell doom for Bitcoin’s near-term price actionThe 2020 Bitcoin rally was fun while it lasted, but the cryptocurrency recently formed a much-dreaded technical formation that may signal that BTC will see further near-term downside. More reading🇬🇧 A quarter of Brits call for teaching crypto at schools amid fears of a recession 🇺🇸 Bitcoin of America is making it easier for beginners to get involved in cryptocurrency (ad) 💎 MyEtherWallet adds “.crypto” email-style naming feature for personalized ETH addresses 📈 UTXO analysis reveals 4M BTC hasn’t moved since 2015 🔟 Ten ways PrimeXBT’s advanced tools can bolster ROI (ad) Featured event🇹🇷 IstanBlock 2020 - April 9-10, 2020 - Culminating at the end of a week’s worth of incredible side attractions, exhibitors and speakers from the world of blockchain and crypto, IstanBlock 2020 will allow you to rub shoulders with blockchain experts, government leaders, business tycoons and of course top tier media outlets that specialize in sharing news and information from this ever-evolving space. Learn more Featured sponsors🇺🇸 ShortHop - ShortHop by Velocity Markets Inc. is a U.S. based marketplace that lets you buy, sell and trade crypto online. Currently offering $0 commissions, ShortHop connects to multiple exchanges and gets you the best price available. Learn more 💸 ZenLedger - ZenLedger is a tax software that enables you to import cryptocurrency transactions, calculate gains and income, and auto-fill tax forms like 8949, Schedule D, FinCen114 & FBAR. Learn more ⛱ LocalCryptos - LocalCryptos is a peer‐to‐peer custody‐less encrypted marketplace for buying and selling ether over‐the‐counter. Learn more 📈 AMFEIX - AMFEIX groups investors' funds into a pool that is managed by experienced traders on liquid exchanges. Our team of professional technical traders and analysts execute open market operations on a daily basis and make profits from the volatility. Learn more 🧠 Bitsmax - an innovative service, based on neural network, that allows you to make passive and stable profit, even if you absolutely do not understand cryptocurrencies. Just make a deposit and start your way as crypto investor with Bitsmax! Learn more Want to be seen here? Contact us Crypto market dataFor more pertinent market data, please see: Connect with usDisclaimer: None of the content in this newsletter is meant to be financial advice. Please do your own due diligence before taking any action related to content within this article. If you liked this post from CryptoSlate, why not share it? |