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78 Days: Measuring the Extended Crypto Market Downturn Against Prior Bear Markets
27.1.2022
The crypto economy has shed enormous value over the last three months and the leading crypto asset bitcoin is down more than 46% since it’s all-time high (ATH) at $69,044 per unit. The same can be said for a great number of digital currencies as the so-called crypto bear market has lasted...
Bitcoin, Ethereum Technical Analysis: BTC Prices Shaken as Fed Keeps Rates Unchanged
27.1.2022
Cryptocurrency markets were volatile on Thursday as traders appeared to react to the Federal Reserve’s decision to keep interest rates unchanged. Bitcoin and ethereum both saw price uncertainty, as markets now expect a March hike. Bitcoin After making a run towards the $40,000 resistance...
Rebase Market Carnage: TIME Slips 61%, Wonderland Admin Allegedly Co-Founded Quadrigacx
27.1.2022
While reserve-based crypto assets like gold tokens and stablecoins have been able to weather the crypto market carnage over the last two weeks, rebase tokens like wonderland (TIME), and Olympus (OHM) have seen massive losses. Wonderland is down more than 96% since the crypto asset’s all-time...
Crypto Markets Trim Losses, US Dollar Rises as Traders Digest Fed Statement
27.1.2022
Major cryptoassets including bitcoin (BTC) and ethereum (ETH) trimmed some of their losses from the aftermath of yesterday’s US Federal Reserve statement, with prices rising during the European trading hours on Thursday. Meanwhile, the US dollar extended a rally from earlier, breaking through...
Here’s How the Ukraine Crisis Might Impact Bitcoin and the Crypto Market
27.1.2022
A crisis is brewing. As we type these words, Russia is conducting military exercises along its border with Ukraine, while the United States has put some 8,500 of its own troops on alert, just in case an eastern European war erupts. ...
Read More: Here’s How the Ukraine Crisis Might Impact...
Chrono․Tech Attracts $30 million Investment
27.1.2022
PRESS RELEASE. Australian asset manager Mark Carnegie and a European Family Office have recently taken stakes in the company, totalling around $30 million, as Chrono’s ecosystem soared in activity and value over the course of 2021. The growth of the crypto market and blockchain sector...
Bitcoin and Ethereum Inch Higher Above Key Supports, THETA Rallies
27.1.2022
Bitcoin price started a fresh decline after it failed to stay above USD 38,000. BTC declined below USD 36,500, but it managed to stay above USD 35,000. It is currently (11:55 UTC) moving higher above USD 36,700.
Similarly, most major altcoins are trading above key support levels. ETH found...
Precious Metals, Cryptocurrencies, Stock Markets Falter Following Powell’s Rate Hike Statements
27.1.2022
Equities, crypto markets, and precious metals did well during the early morning trading sessions on Wednesday, just before the U.S. central bank wrapped up its Federal Open Market Committee (FOMC) meeting. While the Fed said in a statement that the benchmark interest rate would rise soon,...
ETH to hit $20 trillion market cap by 2030: Ark Invest
27.1.2022
ARK Invest’s new report predicts Ether’s market cap will reach $20 trillion and the Bitcoin price will exceed $1 million by 2030 based on BTC’s use cases and how ETH captures market share from TradFi
Bitcoin and Ethereum Extend Post-Fed Decline, Altcoins Trim Gains
27.1.2022
Bitcoin price attempted a close above the USD 38,000 resistance zone. BTC failed to gain strength after the Fed statements, resulting in a fresh decline below the USD 37,000 level. It is currently (04:17 UTC) trading below USD 36,000 and showing bearish signs.
Similarly, most major altcoins...
Ethereum bulls aim to flip $2.8K to support before calling a trend reversal
26.1.2022
ETH price appears to be bottoming but analysts are watching for $2,850 to flip from resistance to support before calling a bullish reversal
Polygon (MATIC) sees a strong oversold bounce after $250B crypto market rebound
26.1.2022
MATIC price secured a near 40% gain as crypto market sentiment improves in the wake of a notable $250 billion relief rally
Analysts See Slower Bitcoin Hashrate Growth in 2022 Amid Market Correction
26.1.2022
The Bitcoin (BTC) network’s hashrate – or computing power that goes into mining new coins – could reach 327 EH/s by the end of the year, a research note from the crypto-focused financial services firm BitOoda has predicted, after the firm cut an earlier forecast for the year....
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Altcoins book 40% gain after Bitcoin and the crypto market enter a relief rally
26.1.2022
FRONT, DG and QSP join the list of altcoins which surged more than 40% after BTC recovered the $38,000 level
Technical Analysis: Cosmos Decline Continues, as Polygon Surges
26.1.2022
Ahead of Wednesday’s FOMC meeting, cryptocurrency markets were once again trading higher, with polygon (MATIC) being one of today’s biggest gainers. Despite the top 20 mainly trending upward, some in this list were mainly lower during the course of the session. Biggest Gainers Polygon...
Bitcoin, Ethereum, Stocks Rise as Sense of Relief Spreads Ahead of Fed Statement
26.1.2022
The two largest cryptoassets bitcoin (BTC) and ethereum (ETH) rose in the market today, as a sense of relief sent nearly all risk assets higher ahead of the US Federal Reserve’s FOMC statement later today.
At 17:34 UTC, BTC was up almost 3% for the past 24 hours to a price of USD 38,268, while...
Bitcoin, Ethereum Technical Analysis: ETH Nears 10% Gain, BTC Inches Toward $40,000
26.1.2022
Days after falling to a 6-month low, bitcoin rose for a second consecutive session, as prices slowly approached its key level of $40,000. Today’s gain in BTC comes as the global crypto market cap was 4.7% higher from yesterday’s session, as of writing. Bitcoin The world’s...
Bitcoin and Ethereum In Slow and Steady Increase
26.1.2022
Bitcoin price is showing a few positive signs above the USD 37,000. BTC even climbed above USD 37,500 and is currently (11:30 UTC) eyeing an upside break. A close above USD 38,000 might start a wave towards the USD 40,000 level.
Similarly, most major altcoins are slowly rising. ETH was able...
XRP Moves With the Market as Ripple Announces Buyout
26.1.2022
American blockchain company Ripple-affiliated XRP token moves with the market as CEO Brad Garlinghouse announced that the business had just carried out a buyback of Ripple’s series C shares from December 2019, bringing its valuation to USD 15bn.
As of 10:33 UTC, XRP’s price was up 3.8% at...
XRP Moves With the Market as Ripples Announces Buyout
26.1.2022
American blockchain company Ripple-affiliated XRP token moves with the market as CEO Brad Garlinghouse announced that the business had just carried out a buyback of Ripple’s series C shares from December 2019, bringing its valuation to USD 15bn.
As of 10:33 UTC, XRP’s price was up 3.8% at...