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Warning Signs Flash for Ethereum as Rally Cools Down (ETH Price Analysis)

Ethereum’s price surge has seemingly halted after rallying over the past couple of weeks. With multiple key resistance levels broken, the market seems likely to enter a bullish phase. However, some warning signals are emerging. Technical Analysis By: Edris The Daily Chart: On the daily timeframe, the price has broken past the $1300 resistance level, and the 200-day moving average is around the $1400 mark. Yet, bullish momentum has been fading recently, making a bearish...

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Coinbase wird Premium Partner von Borussia Dortmund

Coinbase, die globale Krypto-Plattform baut seine Partnerschaft mit Borussia Dortmund aus und wird Premium Partner des Fußball-Bundesligisten und achtmaligen Deutschen Meisters. „Wir freuen uns, unser Engagement auf dem deutschen Markt zu vertiefen und auf die Zusammenarbeit mit dem BVB. Coinbase mit seiner Krypto-Plattform und Borussia Dortmund im sportlichen Bereich stehen beide für Innovation, Vertrauen und Verantwortung. Wir freuen uns sehr, einen Partner zu haben, der an die...

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Bitcoin Cash Analysis: Dips Remain Attractive Near $115

Bitcoin cash started a decent increase above the $108 and $112 resistance levels against the US Dollar. The price is now trading above the $115 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $118 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $125 and $130 to continue higher in the near term. Bitcoin cash price is climbing above $115 against the US Dollar, similar to...

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Peter Thiel’s Fund Cashed Out $1B Worth Crypto After Holding for 8 Years: FT

Peter Thiel has been a long-time Bitcoin backer. But his fund closing almost all its crypto positions shortly before the market went downhill did not sit well with many. According to Fortune’s latest report, Thiel’s VC firm – Founders Fund – cashed out all of its bets on cryptocurrencies and made $1.8 billion in profit while doing so. The San Francisco-based fund bought Bitcoin over eight years ago when the flagship crypto was trading under $1,000. Over the next few years, it...

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ConsenSys and Amber Group Join List of Companies Dismissing Employees

ConsenSys – a blockchain software technology company – and Amber Group – a cryptocurrency platform based in Singapore – are the latest entities in the digital asset sector to announce staff layoffs.  The former will trim its team by approximately 11%, while the latter reportedly plans to reduce its Hong Kong division by 50%. Adjusting to ‘Uncertain Market Conditions’ Joseph Lubin – CEO of ConsenSys – said his organization made the “extremely difficult decision” to lay off 96...

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What to Expect After Bitcoin’s Latest Bounce: Arthur Hayes

Bitcoin’s weekly surge beyond $20,000 doesn’t necessarily mean the bull market is back, according to BitMEX co-founder Arthur Hayes’ latest analysis.  The former CEO recently detailed some possible scenarios that will trigger Bitcoin’s next big move – which mostly boils down to how the Federal Reserve behaves in the near term.  Analyzing the Bitcoin Bounce In a medium post titled “Bouncy Castle” published on Thursday, Hayes began by positing two theories about what is...

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