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Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate to Start the Weekend
6.8.2022
Bitcoin was consolidating above $23,000 to start the weekend, as traders continue to react to yesterday’s nonfarm payrolls figure. It was confirmed that 528,000 jobs were added to the U.S. economy in July, which helped boost crypto prices. Ethereum consolidated on Saturday, after reentering...
Bitcoin Price Outlook for August: BTC Faces Some Important Tests in the Coming Weeks
6.8.2022
Exactly one month ago today, bitcoin was trading below $20,000 per unit as crypto markets continued to react to growing levels of inflation and central bank policy. However, a month later, the world’s leading crypto token has moved above $23,000, despite consumer prices rising...
Rainbows, Log Charts, and S2F: Bitcoin’s 2022 Bear Market Has Broken the Community’s Most Popular Price Models
5.8.2022
The 2022 bear market has been brutal as more than $2 trillion in value has been wiped away from the crypto economy. In addition to record values lost, the crypto winter has managed to break a number of popular bitcoin price models like the rainbow price chart and Plan B’s infamous...
Price analysis 8/5: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX
5.8.2022
Bitcoin and most major altcoins have bounced off their strong support levels and may challenge the overhead resistance in an attempt to resume the up-move
Bitcoin fails to beat $23.4K sellers as US payrolls upend inflation debate
5.8.2022
BTC price action stays in familiar territory as analysts discuss the true nature of estimate-beating payroll data
Bitcoin, Ethereum Technical Analysis: ETH Rebounds on Friday, Climbing Above $1,700
5.8.2022
Ethereum rose above $1,700, while bitcoin snapped a seven-day losing streak on Friday, with prices rebounding in today’s session. The move came ahead of this afternoon’s payrolls report, which is expected to show that 250,000 jobs were added to the U.S. economy in July. Bitcoin Ahead...
Argo Blockchain keeps cashing out BTC to pay the debt to Galaxy Digital
5.8.2022
After selling 887 Bitcoin in July, Argo cut its outstanding balance under the BTC-backed loan to just $6.72 million
Bitcoin and Ethereum Stuck in a Key Range, FLOW Surges Over 50%
5.8.2022
Bitcoin price climbed above the USD 23,000 level and is currently (10:44 UTC) trading near USD 23,160. BTC is up over 1% in a day and down 3% in a week.
Similarly, most major altcoins are trading in a key range. ETH might clear USD 1,680 and start a stronger increase. XRP might struggle to clear...
DFINITY R&D Team Announces BTC-ICP Integration Beta Release
5.8.2022
Ultimately, advanced and sophisticated smart contracts will be available for Bitcoin. The straightforward inclusion of the Web Desktop with the Bitcoin blockchain, which does away with the need for a reliable middleman or overpass, has been made public by the DFINITY R&D team as a beta release....
Alexander Vinnik reportedly en route to the US after extradition
5.8.2022
Having served two years in prison in France, accused BTC-e mastermind Alexander Vinnik has now been extradited to the U.S. to face multiple charges in California
Bitcoin price reaches $23.4K on 4.6% gains amid 'very mixed' outlook
5.8.2022
A push towards the top of the intraday trading range places Bitcoin in line for a bull flag on daily timeframes
BTC-e Operator Alexander Vinnik has Been Extradited to the US: Report
5.8.2022
The report comes weeks after U.S. authorities called off their previous extradition request, thereby paving the way for Vinnik to be brought to the U.S
Jack Dorsey-led Block posts $1.5B in Q2 profits, BTC revenue down
5.8.2022
Block Inc. posted $1.47B worth of profit in Q2 but BTC trading services profit only accounted for $41 million of that figure, with the firm citing price volatility and a lack of consumer demand
Fear of War, Monkeypox Causes Stock and Crypto Markets to Churn While Precious Metal Spike Higher
4.8.2022
Stock and cryptocurrency markets on Thursday saw volatility, after experiencing fluctuations during the tensions between China and Taiwan on Tuesday and Wednesday. Major indexes like the S&P 500, Dow Jones, and NYSE have shed a few percentages today, while the global cryptocurrency market...
Bitcoin’s Mining Difficulty Rises for the First Time in 57 Days, BTC Hashrate Slipped 1.7% Lower in Q2
4.8.2022
The mining difficulty tied to the Bitcoin network increased for the first time in 57 days, rising 1.74% higher than the last two weeks. Meanwhile, Bitcoin’s hashrate has been below average as the network’s computational power is down 1.7% lower in the second quarter than in Q1 2022....
Bitcoin price retests key $22.8K as metric points to 'BTC buying spree'
4.8.2022
BTC price bulls fail to take the market higher as the week continues, but buyer interest is giving hope
Bitcoin Heads Towards Doom; Are BTC Sellers Winning the Battle?
4.8.2022
Bitcoin showcased tremendous buying strength and potential during its recent push back from July 27. This action was short-lived as each attempt to breach key resistance levels based on previous pivot points and sellers are destroying the moving average. As its market capitalization nears USD...
'Insane evidence' Bitcoin has capitulated in past 2 months — analysis
4.8.2022
Signals that Bitcoin is in classic capitulation mode are everywhere, and each is a "rare event," says Capriole's Charles Edwards
Bitcoin, Ethereum Technical Analysis: Crypto Markets Down Ahead of Friday’s Nonfarm Payrolls Report
4.8.2022
Bitcoin was trading lower on Thursday, ahead of tomorrow’s monthly nonfarm payrolls (NFP) report. The U.S. labor market has recently shown signs of slowing, following data this week reporting that nationwide job openings had fallen. Ethereum also dropped on the prospect of the NFP report...
Bitcoin and Ethereum Struggle to Clear Hurdles, Altcoins Dip
4.8.2022
Bitcoin price attempted an upside break above the USD 23,500 resistance zone. BTC struggled to gain momentum and declined below USD 23,000. It is currently (11:40 UTC) trading near USD 22,900 and is down over 2% in a day and is unchanged in a week.
Similarly, most major altcoins are also moving...