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Topics - Riya143

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16
Ethereum has come a long way since its 2015 beginnings, although its move into proof-of-stake has faced a bevy of delays.
Five years ago to the month, a massive crypto project launched, forever changing the landscape of the crypto and blockchain space. Since its 2015 opening day in July, Ethereum has undergone a number of planned changes. The project’s recent move into proof-of-stake, or PoS, has faced a number of delays.
Read More: https://cointelegraph.com/news/a-birthday-look-5-years-of-ethereum-network-updates-delays-and-changes

17
Three of Australia’s digital asset exchanges have teamed up with crypto tax software provider Koinly following the Australian Tax Office’s (ATO) crackdown on local investors.

Announced Wednesday, Cointree, CoinJar and Swyftx have begun offering their users the ability to link their accounts and public wallet addresses to Koinly's service, providing investors with a capital gains tax report.
Citing the complexity of preparing crypto transactions reports for the ATO, CoinJar's CEO Ashter Tan said users' trading data would be processed into an "ATO-friendly" report in minutes.
Read More: https://www.coindesk.com/australian-crypto-exchanges-partner-with-koinly-to-simplify-tax-reporting-for-users

18
Bitcoin [BTC] bulls experienced a euphoric rise in its price, first time after the halving pump. It also broke above significant resistance from the $10,000-$10,500 range and continued its upswing to a high above $11,400.
The rise in Bitcoin [BTC] following the surge in inflation hedges like Bitcoin and Gold is coming off as a strong positive signal. Charles Edwards, on-chain analyst and Founder at Capriole Investments,
Read More: https://coingape.com/bitcoin-bull-season-charge/

19
Bitcoin price is holding marginally under $11,000 following a rejection from the new year high around $11,434 (on Coinbase). The recovery from last week was sharp and fulfilling as observed on the 4-hour chart. Already, sustaining gains above $11,000 has become difficult. For this reason, BTC is teetering at $10,888 amid an existing strongly bearish trend. The volatility across the market is expanding, in other words, sellers could gain traction in the coming sessions.
Read More: https://coingape.com/bitcoin-price-analysis-btc-usd-reversal-to-10400-impends-following-unsustainable-sharp-ascending-channel/

20
As Bitcoin and Ethereum rallied on Sunday and Monday, Ripple only managed to clear a couple of resistance zones including $0.21 and $0.22. A seller congestion zone at $0.2250 became the pivot point. XRP/USD retreated to seek support at the former resistance ($0.21). The ascending channel aided in controlling the impact of the selling pressure.
Read More: https://coingape.com/72800-2/

21
While Bitcoin was trading sideways, small-cap altcoins, decentralized oracles, and DeFi tokens were the stand out crypto market performers for several months.

However, as the first-ever cryptocurrency and Ethereum began pumping over the last week, DeFi projects were decimated. Has the latest rally in majors exposed decentralized finance projects as nothing more than hype?
Read More: https://www.newsbtc.com/2020/07/29/analyst-bitcoin-ethereum-defi-hype/

22
It’s been an explosive past few days for the Bitcoin market. Even after a slight correction from the $11,500 highs, the asset remains up nearly 20% in the past seven days alone.

Some analysts are still pricing in a correction, arguing that bulls are overextended here. They cite funding rates, which is the fee that long positions pay short positions in perpetual futures markets to normalize market conditions. Funding rates are currently at highs not seen since previous Bitcoin tops.

Yet a trader is reminding his followers and Crypto Twitter not to get left behind on a macro scale.
Read More: https://www.newsbtc.com/2020/07/28/bitcoin-forms-signal-2017s-2000-rally/

23
Bitcoin’s price has been steady within the lower-$11,000 region, which seems to indicate that it is coiling up to make another push higher in the near-term.

Overnight, the benchmark cryptocurrency did face some turbulence when bears pushed it as low as $10,500, but the support here proved to be significant.

Analysts are now claiming that the defense of this level was an incredibly positive technical development, as it shows that bulls were able to conduct a textbook support-resistance flip – opening that gates for BTC to see further near-term upside.
Read More: https://www.newsbtc.com/2020/07/28/bullish-bitcoin-indicator-flashes-again/

24
Yesterday, Bitcoin broke up through resistance at $10,500 and in short order, rocketed another $1000 to a high of $11,419 on Coinbase Pro. Just as fast as the cryptocurrency itself climbed, the crypto market fear and greed index spiked to “extreme greed.”

Greed has now reached the highest level in the crypto market in over a year, hitting a level that hasn’t been seen since past Bitcoin tops. Could the rapid increase in extreme greed be a signal that the current pullback is a prelude to a deeper correction? Or will greed turn into irrational exuberance and push Bitcoin and the rest of the space back towards former highs?
Read More: https://www.newsbtc.com/2020/07/28/crypto-market-greed-bitcoin-fear/

25
Yesterday, Bitcoin broke above $10,000 with a $1,500 daily price candle and a push to above $11,400 at the high. During the rally, however, there was evidence of a whale manipulating the crypto market for maximum profit.

Was this whale responsible for the Bitcoin pump, or were they simply well prepared in advance to take advantage of any major market movements?
Read More: https://www.newsbtc.com/2020/07/28/massive-bitcoin-rally-single-whale/

26
XRP’s price has seen some slight gains in recent times but is still lagging behind many of its peers.

While Bitcoin, Ethereum, and many altcoins all post intense upswings that have led them into full-fledged bull market territory, XRP remains stuck within the lower-$0.20 region.

Its struggling price mainly comes due to a lack of interest from traders and investors, with its market cap remaining stagnant in recent times – suggesting that while its previous holders are maintaining their positions, there’s a lack of fresh capital inflows.
Read More: https://www.newsbtc.com/2020/07/28/xrp-to-soon-see-a-moonshot-rally/

27
Bitcoin’s intense rally throughout the past couple of days has allowed it to fly past multiple crucial resistance levels.

Bulls are now attempting to form the $11,000 price level into a strong base of support, but the selling pressure here appears to be ramping up.

One positive technical development seen overnight was the potent reaction to the $10,500 level.
Read More: https://www.newsbtc.com/2020/07/28/metric-show-bitcoin-rally-just-starting/

28
The oracle token established an intraday high at $4.336 as traders sought safety against a corrective Bitcoin market.
An explosive price rally Tuesday pushed the BAND price up by as much as 31 percent.

The oracle token established an intraday high at $4.336 as traders sought safety against a corrective Bitcoin market. Nevertheless, it failed to hold the local top for a long time, leading to a downside correction towards $3.831.
Read more: https://www.newsbtc.com/2020/07/28/band-price-explodes-bitcoin-corrects/

29
During the last four weeks, cryptocurrency markets have gathered significant value, and the crypto asset ethereum gained over 40% during the last 30-days. The price of ether moving northbound has caused a strain on the graphics processing unit (GPU) market, as ETH miners have become scarce.

Regional reports stemming from China explain that GPU miners are becoming much harder to obtain since the price of ether started rising exponentially. Ethereum (ETH) touched an 11-month high on Monday, touching $327 per coin.
Read More: https://news.bitcoin.com/ethereum-price-creates-gpu-shortage-some-manufacturers-blame-nvidia/

30
Max Keiser has predicted that bitcoin’s current bullish pattern will lead toward a price of $28,000.

While the bitcoin bull does not give a timeframe when this is likely to happen, he believes that, thanks to relentless government money printing, the benchmark cryptocurrency will eventually test $100,000. But not before some correction.

“$28,000 is in play before we see a pullback – and then we’re heading to 6-figures,” Keiser forecast, in the course of several tweets.
Read More: https://news.bitcoin.com/bitcoins-current-breakout-sets-it-up-for-28000-headed-for-six-figures-max-keiser/

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