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Price analysis 5/6: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
6.5.2024
Bitcoin is facing selling near the 50-day SMA, indicating that the range-bound action may continue for a few days
Bitcoin distribution 'danger zone' over, analysts say
6.5.2024
Bitcoin’s post-halving "danger zone" is over as Bitcoin establishes a firm footing above the $60,000 re-accumulation range, new analysis suggests
This Week’s Crypto Gainers: Worldcoin Leads Surge, ZBC and SEI See Largest Declines
6.5.2024
Although last week saw some progress compared to the previous one, bitcoin has only experienced a slight 2% increase, whereas ethereum has incurred a 1.6% loss during the same period. Among alternative cryptocurrencies, worldcoin (WLD) emerged as the standout performer, surging by 32.4% against...
Mango Markets DAO buyback plan leads to accusations of ‘self-dealing’
6.5.2024
Mango DAO used treasury funds to compensate hack victims through a buyback program, but critics claim it was done to benefit an FTX estate buyer
Ethereum Technical Analysis: ETH Bulls Maintain Drive Amid Fluctuations and Uncertainty
6.5.2024
As ethereum trades at $3,135, technical indicators present a nuanced picture for traders. Oscillators largely suggest neutrality with a mix of bullish signals, while moving averages indicate a balance of both positive and negative signals across different time frames. Ethereum Ethereum’s...
Australian Federal Court Rules Mostly in Favor of Regulator in Case Against BPS Financial
6.5.2024
The Australian Federal Court has delivered a ruling mostly in favor of Australia's markets regulator in its case against BPS Financial Pty Ltd (BPS) over its Qoin scheme.
The post Australian Federal Court Rules Mostly in Favor of Regulator in Case Against BPS Financial appeared first on Cryptonews
Elon Musk Will Likely Remain Tesla CEO, and Tweet Non-Stop: Prediction Markets
6.5.2024
Also: Trump faces likely conviction, per Polymarket punters; CFTC hearing to discuss political betting ban
Bitcoin Technical Analysis: Bulls Challenge Upper Resistance
6.5.2024
Bitcoin’s price movement on May 6, 2024, showcases a complex dance of volatility and potential, captured vividly across various time frames and technical indicators. With an intraday range swinging from $63,657 to $65,489, traders grapple with a trading landscape rife with both uncertainty...
First Mover Americas: Bitcoin Nears $65,000 Amid Strong Crypto Rebound
6.5.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for May 6, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Crypto Wealth Bolsters Real Estate Markets and Consumer Spending, Study Finds
6.5.2024
As cryptocurrency becomes a significant part of American investment portfolios, its influence extends beyond digital transactions into tangible impacts on real estate markets and household spending, a recent study finds. Report Shows Cryptocurrency Wealth Adds ‘Meaningful Implications for the Real...
Former Bitmex Chief Expects Bitcoin to Trade Within $60K-$70K Range Until August
5.5.2024
Former Bitmex CEO Arthur Hayes predicts bitcoin will range-bound trade between $60,000 and $70,000 until August. “The slow addition of billions of dollars of liquidity each month will dampen negative price movement from here on out,” Hayes said, adding that he expects “prices...
Block Is Buying Bitcoin Every Month for Its Balance Sheet
4.5.2024
Block Inc. has announced its strategy of regularly purchasing bitcoin for its corporate balance sheet via dollar-cost averaging (DCA). The company plans to allocate 10% of its monthly gross profit from bitcoin products towards investments in the cryptocurrency. “We view bitcoin as...
NFT Market Sees Over 30% Decline in Weekly Sales
4.5.2024
From April 27 to May 4, 2024, non-fungible token (NFT) sales amassed $164.4 million, reflecting a 30.16% decrease compared to the previous week. Leading the field in blockchain sales, Bitcoin-based NFT sales totaled $56.81 million, experiencing a 41.57% drop from the preceding week. Bitcoin...
Top Crypto Gainers Today on DEXScreener – ARKY, PEEPO, THREE
4.5.2024
With blue-chip cryptocurrency markets recovering on Friday as macro traders price back in multiple rate cuts for 2024 following the latest US jobs report, traders looking for top crypto gainers today continue to turn to the highly illiquid and volatile on-chain markets for opportunities.
The post...
Price analysis 5/3: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
3.5.2024
Altcoins showed impressive double-digit gains after Bitcoin bulls successfully pulled BTC price back above the $61,000 level
Best Crypto to Buy Today May 3 – Ordinals, Pendle, Hedera
3.5.2024
As crypto markets rebound thanks to a softer-than-expected US labor market report, with Bitcoin (BTC) last up nearly 5% on the day in the upper $61,000s, traders are weighing up opportunities in the altcoin market as they hunt for the best crypto to buy today.
The post Best Crypto to Buy Today...
Bitcoin Hits $62K as Cryptos Bounce; Correction Likely Over But Expect a 'Slow Grind Higher,' Arthur Hayes Says
3.5.2024
Bitcoin will likely trade in a range between $60,000 and $70,000 through the next few months, the former BitMEX CEO said
Bitcoin enters 'a new era' as whales scoop up over 47K BTC during price pullback
3.5.2024
Bitcoin whales have added over $2.9 billion worth of BTC, which helped it recover above the $60,000 mark, but can Bitcoin price close the week above $60,000?
Bitcoin’s Rally to $62,000 Triggers $26.65 Million Short Squeeze in 4 Hours
3.5.2024
After reaching a low of $56,500 on April 30, bitcoin climbed to a peak of $62,109 by Friday, May 3, in response to the previous downturn. This uptick resulted in the liquidation of $26.65 million in bitcoin short positions within just four hours, and approximately 48,962 traders found their...
Polkadot And Cosmos Gain in a Rocky Week for Crypto: CoinDesk Indices Market Update
3.5.2024
All but four cryptos in the CoinDesk 20 posted losses over the last week, led by declines in NEAR, BCH, and DOGE