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Bitcoin, Ether Could Face Risks From Potential Short Squeeze in Dollar Index, QCP Capital Says
3.5.2023
The U.S. dollar has been heavily shorted since early October in hopes for a so-called dovish Fed pivot and looks ripe for a short squeeze, a move higher driven by unwinding of bearish positions. Bitcoin tends to move in the opposite direction of the dollar
Binance, Coinbase Endure $700M in Staked Ether Outflows as Decentralized Liquid Staking Protocols Gain
3.5.2023
Investors are ditching the centralized exchange giants to stake their ETH holdings on decentralized alternatives amid regulatory concerns, and as they chase higher rewards, crypto analysts say
Biggest Movers: DOT Drops to 6-Week Low on Tuesday
2.5.2023
Polkadot was one of Tuesday’s biggest movers, as the token dropped to a six-week low in today’s session. Prices fell for a long-term support point of $5.60, as the global crypto market cap was once again 1% lower today. Avalanche also hit a price floor on Tuesday. Polkadot (DOT) Polkadot...
Bitcoin, Ethereum Technical Analysis: BTC Moves Below $28,000 Ahead of FOMC Decision
2.5.2023
Bitcoin fell below the $28,000 level on Tuesday, as markets continued to prepare for tomorrow’s Federal Reserve interest rate decision. The Fed is expected to increase rates by 0.25%, despite the U.S. economy slowing down. Ethereum also remained lower, moving close to a breakout below...
UK Crypto Tax Advisors Welcome Proposed Changes to DeFi Lending, Staking Treatment
2.5.2023
The country’s tax authority is consulting the public on new rules it said are aimed at reducing the burden on crypto users
Bitcoin price sweeps lows, but analysis still predicts a $25K dive
2.5.2023
$30,000 and $25,000 form the upside and downside BTC price targets as Bitcoin stays caught between a resurgent U.S. banking crisis and the looming Fed meeting
Price analysis 5/1: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL
1.5.2023
Bitcoin and most major altcoins are witnessing aggressive selling at higher levels, indicating that the bears are trying to make a comeback
Biggest Movers: LTC Back Under $90.00, as SOL Extends Declines
1.5.2023
Litecoin fell below the $90.00 level on Monday, as sentiment in cryptocurrency markets remained mostly bearish. The global market cap is down 1.87% at the time of writing, which seems to be a result of the upcoming Federal Reserve interest rate decision. Solana was also in the red today. Litecoin...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Start Week Lower, Ahead of Key Economic Events
1.5.2023
Bitcoin started the week trading in the red, as markets prepared for an important week of U.S. economic events. On Wednesday, the Federal Reserve is expected to increase rates by 25 basis points, with nonfarm payrolls for April being released this coming Friday. Ethereum was also lower...
Just Bitcoin or diversify? 5 cryptocurrencies to watch in the next few days
30.4.2023
If Bitcoin price breaks above $30,000, several altcoins such as SOL, ATOM, ICP and HBAR are well-positioned for a rally of their own
'Good luck bears' — Bitcoin traders closely watch April close with BTC price at $29K
30.4.2023
Bitcoin approaches the end of April barely moving as BTC price offers little short-term clues on trajectory
Russia Actively Discussing BRICS Expansion With Member Nations, Official Reveals
29.4.2023
A Russian official has revealed that regular discussions are being held between Russia and other BRICS member nations regarding the expansion of the economic group. “This requires a thorough analysis and delicate internal work by the five countries to reach a consensus,” according...
Price analysis 4/28: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
28.4.2023
Bitcoin and select altcoins continue to face selling at higher levels, a sign that the bears have not yet given up
Is It Too Late to Buy Ethereum? Crypto Whales are Accumulating These New Crypto Projects Instead
28.4.2023
Ethereum (ETH) has been making headlines with its dramatic price fluctuations recentlyc, leaving investors and traders on the edge of their seats.
As the crypto giant navigates through periods of volatility and uncertainty, market participants are closely monitoring its performance to determine...
Best Crypto to Buy Now 27 April – MultiversX, Conflux, Cardano
27.4.2023
The cryptocurrency market is currently experiencing a puzzling episode as the crypto total market cap underwent a sharp decline of $100 billion on Wednesday, only to witness a swift recovery.
The leading cryptocurrency, Bitcoin, saw its value dip to a low of $27,000, while Ethereum fell to $1,700....
Is It Too Late to Buy Ethereum? This New Project May Be a Better Investment
26.4.2023
Ethereum—the second-largest cryptocurrency by market capitalization—has recently weathered a three-day breakdown from April 19 to 21, leaving market watchers on edge.
During this period of uncertainty, Ethereum's trajectory appeared to stall, moving sideways while cautiously maintaining...
Biggest Movers: ADA, SOL Jump 9% Higher on Wednesday
26.4.2023
Cardano was one of Wednesday’s big movers, as bullish sentiment returned to cryptocurrency markets. Spurred by an apparent collapse of First Republic Bank, the global crypto market cap moved 7% higher, as of writing. Solana was also in the green, rising by nearly 9%. Cardano (ADA) Cardano...
As Crypto Grows, so Does CoinDesk’s Commitment to Keeping Pace
26.4.2023
A new CoinDesk tool called the Bitcoin Trend Indicator can help traders spot where BTC is headed
Bitcoin, Ethereum Technical Analysis: BTC Moves Back Above $29,000, After Customers Withdraw $100 Billion From First Republic Bank
26.4.2023
Bitcoin was back above $29,000 on Wednesday, as markets continued to react to concerns over First Republic Bank. It was reported that customers withdrew around $100 billion in deposits from First Republic in March. Ethereum was also higher on the news, climbing back above $1,900. Bitcoin Bitcoin...
How the Hunt for Yet-to-Exist Tokens Is Shaping Ethereum’s Layer 2 Landscape
26.4.2023
Token airdrops – and the prospect of them – have become a major customer acquisition strategy for Ethereum's layer 2 scaling projects. But is this strategy a sustainable one?