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ETH/BTC and ETC/BTC Price Analysis: Pay Attention to the Signals Here




While crypto-focused technical analysts often spend the majority of their time on individual cryptocurrencies with charts priced in dollars, some of the best technical setups and opportunities are often found in key pairs.

Today, we’re going to focus on the technical pictures for ETH/BTC and ETC/BTC, which should give us an idea of relative strength among major large-cap coins as well as allow for detection of buy and sell signals in these important pairs.


Price Analysis

  • High: 0.046336
  • Low: 0.044795
  • 24-Hour Volume: 7.188K
  • MACD Signal: Sell

ETH/BTC is the classic pairing, pitting the two arguably most important coins against one another.

The story here really depends upon your time frame. Looking over the longer time frame – going back 18 months to two years – shows us clear outperformance for those long this pairing.

However, over the past two months, the relative picture has been moving sharply in the opposite direction, with the chart for the ETH/BTC pairing breaking sharply underneath its major moving averages to take out its late March and early April lows.

The 14-day RSI indicator is now down printing in the teens showing a severe oversold state. But, as they say, “the trend is your friend”, even if this particular trend has hardly been friendly for those holding exposure long ETH/BTC.


Price Analysis

  • High: 0.002004
  • Low: 0.0019062
  • 24-Hour Volume: 50.871K
  • MACD Signal: Sell

ETC/BTC has been extraordinarily steady in maintaining a tight trading range going all the way back to October 2017.

However, given the fact that ETC is now more readily tradable in fiat currency terms based on growing acceptance among exchanges, we may be about to see this change.

At this point, the ETC/BTC pair has been holding support in its trading range just underneath the 0.002 level, which has acted like a shelf of support for the majority of 2018.

If the widespread assumption about Bitcoin needing to lead the way higher for the cryptocurrency complex as a whole turns out to be on target, then ETC/BTC may well be about to retest its late 2017 lows now that it has broken solidly beneath all of its major moving averages over the past 10 days.

Happy Trading~

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Bitcoin Surges After Tesla Bought $1.5 Billion Worth of BTC




The sudden rise of Bitcoin has been connected to the decision taken by the Tesla electric car company to buy $1.5 billion worth of Bitcoin.

The company explained in a filing with the Securities and Exchange Commission (SEC) that it bought Bitcoin to diversify its cash returns and more flexibility.

Musk’s Tweets also impacted Dogecoin’s price

Tesla also added that it will start accepting Bitcoin payments for all its products, although this will be based on a limited basis and applicable laws. If the company concludes and starts accepting cryptocurrency, it will make it the first major car manufacturer to accept Bitcoin payments. The company’s founder and Chief Executive Officer Elon Musk has developed an interest in Bitcoin and cryptocurrencies.

He has been tweeting severally about the viability of the Dogecoin (DOGE), which doesn’t have an important market value attached to it.

Few hours after endorsing Dogecoin, the cryptocurrency rose by an impressive 50%. But regulatory authorities are still concerned about the risks in cryptocurrency investments, with several regulatory bodies warning traders and investors they could lose all their money from crypto investments.

But for Tesla, the company decides to diversify its funds and increased its cash returns. However, Tesla also warned investors about the volatility of Bitcoin’s price in its SEC filing. According to the SEC…

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XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange



Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited ( ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub ( ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more.

NFTs are already being actively traded in markets globally. For…

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Wisebitcoin Launches Professional-Grade Crypto Exchange



Infrastructure is developing rapidly in the cryptocurrency industry, but the recent launch of the Wisebitcoin cryptocurrency exchange is nonetheless significant in terms of the immediate value it provides to cryptocurrency users. That’s because the exchange has had a beta version available since 2018 while continuing further developments in stealth mode, and already serves over 1.2 million end users with $6+ billion in 24 hour trading volume at the time of its official launch.

In addition to the large user base and deep liquidity, Wisebitcoin also stands out by offering up to 100x leverage to margin traders, with the ability to open a long or short position in their futures market. In the current bullish environment, leverage is a key way that experienced traders increase their exposure and try to profit from volatility.

For example, if a user opened a long position on ETH on January 2nd at a price of $750, they could have greatly multiplied their profits with even a small amount of leverage such as 5x as ETH reached over $1,100 within 48 hours. A simple unleveraged position would have netted $350 in profit, but a 5x position would have netted $1,750 and a 100x leveraged position would have netted an incredible $35,000 in profits from an initial investment of just $750. 

Beyond leverage, Wisebitcoin additionally offers a simple and…

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