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Category: Analysis

Ethereum Price Flips Massively Bullish On Approaching $2,000

Ethereum’s flash drop under $2,000 called more investors into the market. Short-term technical levels turn bullish as Ether settles above $2,000. Ethereum lost significant ground following last week’s rejection at $2,650. The downtrend worsened upon breaking former support at $2,400. Finally, the pioneer smart contract token extended the bearish leg under $2,000 until support at

The post Ethereum Price Flips Massively Bullish On Approaching $2,000 appeared first on Coingape.

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Bitcoin Price Forecast: BTC embarks on the journey to $40,000 after the dip to $28,000

Bitcoin makes a sharp upturn above $30,000 after a gruesome session on Tuesday. Technical levels flip bullish as investors return with a bang. Bitcoin traded monthly lows toward $28,000 on Tuesday, leaving most investors disappointed. However, the flash drop under $30,000 may have allowed new investors to take advantage of the lower entry prices. At

The post Bitcoin Price Forecast: BTC embarks on the journey to $40,000 after the dip to $28,000 appeared first on Coingape.

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Cardano Founder: Ethereum Will Overtake Bitcoin

Cardano founder Charles Hoskinson has predicted a quick victory of Ethereum over Bitcoin. Charles Hoskinson talked about cryptocurrencies and why he believes ethereum is poised to overtake bitcoin in the near future. He started by talking about the speed of bitcoin transactions. Pointing to the sluggishness of the network and how slow it is in […]
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Dip or No Dip, Mike Novogratz Says He is “Still a Big Buyer of Bitcoin”

Mike Novogratz, the Chief Executive Officer of cryptocurrency assets management firm, Galaxy Digital, has reiterated his trust in the capabilities of Bitcoin (BTC) and cryptocurrencies as a viable asset class. Speaking in an interview on Bloomberg Live, Novogratz said that he views Bitcoin as a form of digital Gold. “I look at #Bitcoin in particular

The post Dip or No Dip, Mike Novogratz Says He is “Still a Big Buyer of Bitcoin” appeared first on Coingape.

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NYSE-listed BIT Mining Ships 320 Bitcoin Mining Hardware From China to Kazakhstan

New York Stock Exchange-listed cryptocurrency mining company, BIT Mining has announced that it has shipped a total of 320 mining machines from its data center in Sichuan, China to a new site in Kazakhstan. Per the update shared by the firm, the hardware relocation became necessary as the Chinese government reportedly cut the energy supply

The post NYSE-listed BIT Mining Ships 320 Bitcoin Mining Hardware From China to Kazakhstan appeared first on Coingape.

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Jim Cramer Says He Will Buy Bitcoin Again at This Price Range

Jim Cramer, the former hedge fund manager and host of CNBC’s Mad Money might have sold a majority of his Bitcoin holdings just yesterday, but he is already looking to get in the Bitcoin game again. During his recent appearance of Squawk Box Cramer said he doesn’t believe the market is near its bottom as

The post Jim Cramer Says He Will Buy Bitcoin Again at This Price Range appeared first on Coingape.

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Bitcoin Dips Below $32K, Altcoins Register Double-Digit Decline

The crypto market sell-off has entered the third week with Bitcoin falling below $32,000 price today. The top cryptocurrency was trading at $31,652 with a 24-hour price decline of 2.35%. The current price correction is attributed to the growing scrutiny of the Chinese government towards Bitcoin mining and trading. The top cryptocurrency has fallen more

The post Bitcoin Dips Below $32K, Altcoins Register Double-Digit Decline appeared first on Coingape.

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Ripple price flashes remarkable buy signals as technicals improve from the dip to $0.57

Ripple price begins recovery after diving to $0.57. The TD Sequential indicator presents a massive buy signal as buyers take their positions. XRP aims at closing the day above $0.78 to set the precedence for the trajectory to $1. Ripple slipped below May’s crucial support at $0.65 to trade a two-month low of $0.57. The

The post Ripple price flashes remarkable buy signals as technicals improve from the dip to $0.57 appeared first on Coingape.

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Ethereum Price Forecast: ETH aims for massive recoil after securing support at $1,850

Ethereum bulls back to the drawing board, embracing support at $1,850. Signs of recovery begin to emerge as the RSI bounces off the oversold region. Ethereum plunged massively, exploring the levels under $2,000 for the second time since it traded all-time highs of around $4,500. However, support appears to have been established at $1,850, allowing

The post Ethereum Price Forecast: ETH aims for massive recoil after securing support at $1,850 appeared first on Coingape.

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