Wednesday, December 2, 2020

Yashu Gola

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Bitcoin Points to Fresh Record Highs after Powell Testimony; Here’s Why

Bitcoin dropped on Tuesday, with its bull run foreshadowed briefly by short-term profit seekers. The benchmark cryptocurrency plunged almost 1.5 percent to $19,385 ahead of...

Traders Snub SushiSwap Bug FUD as SUSHI Explodes Another 15%

SushiSwap’s governance cryptocurrency SUSHI fared better than Bitcoin ahead of the New York opening bell Tuesday. The decentralized finance token surged more than 15 percent...

A Flurry of Double Top Snubs Hints Bitcoin Will Hit $21,000

Bitcoin has more fuel to continue its bullish rally. Independent analytics firm TradingShot wrote that BTC/USD could hit $21,000 in the coming sessions in a...

Gold Undergoes $2tn Market Wipe-off against Booming Bitcoin; Coincident?

The last four months saw gold trimming its market valuation by $4 trillion. Conversely, Bitcoin added about $180 billion within the same period. Both gold...

Bitcoin Tramples Its 2017 Record High on Booming Institutional Adoption

Bitcoin achieved a new milestone on Monday. The flagship cryptocurrency hit a fresh record high for the first time in three years as traders increased...

Bullish Indictor Prepares Yearn Finance (YFI) For Record High; Here’s How

According to a textbook bullish indicator, Yearn Finance’s governance token YFI is preparing to target its all-time high. Dubbed as “Ascending Triangle,” the pattern envisions...

Bitcoin’s Weekend Bullish Rebound is “Fakeout,” Analyst Explains Why

Bitcoin rose during the weekend and continued trading upwards on Monday as traders weighed its bullish prospects against a tanking US dollar. But to...

Bitcoin Weekly Outlook: A $20K Retest Likely as Dollar Hits 2018 Low

A remarkable rebound this weekend has put Bitcoin back en route to $20,000, its record high to date. The flagship cryptocurrency still closed the week...

Yearn Finance (YFI) Climbs 16% Despite Crypto Bloodbath Elsewhere

Yearn Finance’s YFI rose by up to 16 percent in just two days of trading, even though its peers across the cryptocurrency market bled. The...

Bitcoin Expects to Fall by Another $3,000, Asserts Veteran Trader

A flurry of historical Bitcoin fractals suggests that Bitcoin will continue its decline by another $3,000. Veteran trader Peter Brandt made the bearish call in...

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