Bitcoin Is On Another Bull Run. But This One Is Different – Decrypt

In brief

Bitcoin has gained 275% to its price since the March crash.
Today, Bitcoin jumped by 8% following an embrace from PayPal.
All signs point to a bull run. But this isn’t 2017 all over again.

Bitcoin hodlers are having themselves a day, and they have PayPal to thank for it, it seems.

Read more

Pro traders added to shorts as Bitcoin price broke $12K — Data shows

As Bitcoin (BTC) breaks the $12,000 resistance, derivatives markets are flirting with overly excessive bullish sentiment. The futures basis and the options 25% delta skew both reached the same levels seen now on October 12 when BTC briefly tested $11,700 but failed to maintain momentum.

Read more

Determining If Bitcoin’s Count Is Bullish or Bearish – BeInCrypto

On Oct 20, the Bitcoin (BTC) price moved above the $12,050 resistance area, regaining all of the losses stemming from the early September fall.

Despite this move, it’s not yet clear whether this is a new upward move or an upwards correction.

Read more

Price analysis 10/21: BTC, ETH, XRP, BCH, BNB, LINK, DOT, LTC, ADA, BSV

The crypto markets are cheering PayPal’s decision to allow its customers to use cryptocurrencies to shop from its vast merchant network. PayPal also revealed that U.S. account holders will be able to buy, sell, and hold cryptocurrencies in the PayPal app.

Read more

Ethereum and XRP Follow Bitcoin’s Steps After Its Breakout to New Yearly Highs | Crypto Briefing

Key Takeaways

Bitcoin turned a critical resistance barrier into support that may allow it to rise towards $13,350.
Meanwhile, Ethereum whales have been loading up attempting to push prices to $470.
On the other hand, XRP presents an ambiguous outlook, but the technicals are leaning bullish.

Read more

Community Token Sector Blossoms Alongside Surging NFT Market Caps – BeInCrypto

Things have moved fast in 2020 as the DeFi boom has heralded in new and easier ways of launching tokens. The latest craze is the emergence of community or social tokens which have surged in popularity alongside non-fungible tokens (NFTs) in the third quarter.

Read more

Stellar (XLM) Increases After Deviating Below Support Level – BeInCrypto

Stellar (XLM) has validated long-term support at $0.077. As long as the price is trading above this level, the trend is considered bullish.

Technical indicators further support a price increase.
XLM Validates Long-Term Support
The weekly chart for XLM shows that the price is trading above the $0.

Read more