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Bitcoin, Ethereum Technical Analysis: BTC Rebounds From 3-Month Low, as Bulls ‘Buy the Dip’
12.9.2023
Bitcoin dropped below the $25,000 mark late on Monday, as bearish sentiment intensified to start the week. The cryptocurrency has since rebounded, and as of writing is hovering marginally above the $26,000 level. Ethereum also declined, hitting its lowest level since March. Bitcoin Bitcoin fell...
Fourth Consecutive Week of Decline: NFT Sales Dip 6.75%
9.9.2023
Non-fungible token (NFT) sales took yet another dip this week, marking the fourth consecutive week of decline, albeit a slight one, with a decrease of 6.75%. From September 2, 2023, to September 9, the total sales for this week amounted to approximately $80.69 million, with a notable chunk...
XRP Price Prediction as Bears Push XRP Below $0.50 Support – Time to Buy the Dip?
7.9.2023
The XRP price has declined by 0.5% in the past 24 hours, with its drop to $0.497880 coming as the wider cryptocurrency market continues to weather largely negative sentiment.
XRP is now down by 5% in a week and by 19% in the last 30 days, with the altcoin still up by 46% since the beginning of...
Bitcoin Mining Difficulty Dips 2.65%; Network Clocks Modest Uptick in Hash Price
6.9.2023
On Tuesday, September 5, 2023, Bitcoin’s mining difficulty experienced a 2.65% dip at block height 806,400, offering a slight reprieve for miners. This marks the first decline since July 26, when a 2.94% slide was recorded at block height 802,368. Bitcoin Miners See Relief With 2.65%...
Ethereum Price Prediction as Bears Push ETH Down to $1,600 – Time to Buy the Dip?
6.9.2023
The Ethereum price has risen slightly to $1,629 today, representing a 0.5% increase in the past 24 hours and a 5% loss in the last seven days.
ETH has been one of numerous major tokens to have fallen over the past week as the market continues to struggle with ongoing macroeconomic uncertainty...
Bitcoin Price Prediction as BTC Drops 1% – Time to Buy the Dip?
5.9.2023
As Bitcoin takes the limelight once again, its live valuation stands at $25,702, experiencing a minor slump of nearly 1% over the past 24 hours.
According to the latest metrics from CoinMarketCap, Bitcoin proudly retains its #1 position with a monumental market capitalization of approximately...
Bitcoin Price Prediction as BTC Drops 4.6% – Time to Buy the Dip?
1.9.2023
In recent developments, the ever-volatile Bitcoin price has witnessed a 4.6% dip, prompting investors and market enthusiasts to question: Is this the opportune moment to buy the dip?
As of now, Bitcoin is priced at $25,619, with an impressive 24-hour trading volume of $18.8 billion.
Retaining...
Bitcoin Miners Anticipate Relief: Upcoming Difficulty Reduction Projected After August’s Challenges
1.9.2023
While Bitcoin experienced two difficulty adjustments upward last month, the next one, expected around September 6, 2023, is estimated to be a reduction. Currently, the network’s hashrate is about 367.58 exahash per second (EH/s), with an average of 380.90 EH/s over the past ten days. After...
August Chronicles Another Month of Decline as 9 of 10 Leading Stablecoins Witness Supply Contraction
31.8.2023
Over the past 30 days, nine of the leading ten stablecoins by market cap experienced declines, with BUSD witnessing the most significant dip, plunging 16.6%. As we wrapped up August, the combined value of these stablecoins hangs just below the $125 billion threshold, continuing a trend...
Bitcoin Slips to $27.2K, Cryptos Dip as Investors Digest Grayscale’s Court Win
30.8.2023
Some signs suggest potential market weakness despite Tuesday’s rally, market observers noted
NFT Sales Dip 14%, Yet Buyers Increase: Weekly Report Reveals $91 Million Traded
27.8.2023
According to the latest statistics, sales of non-fungible tokens (NFTs) have taken a 14% dip compared to the preceding week, tallying up to $91.86 million in the past seven days. Interestingly, the count of purchasers rose by 38%; however, NFT transactions witnessed a decline of over 30% during...
Judge Denies CEL Valuation Boost; Evades CEL’s Security Classification in Celsius Saga
26.8.2023
In the unfolding saga of the Celsius bankruptcy case, a proposal was presented to elevate the defunct crypto enterprise’s native token, CEL, to a valuation of $0.80 each. Yet, the overseeing U.S. bankruptcy judge, Martin Glenn, dismissed this proposal. Consequently, Celsius’s...
PEPE whale seizes dip opportunity, buys $529k worth of tokens
25.8.2023
This transaction followed this same whale’s previous transactions on 5 June 2023 where he spent 280 Ethereum (worth $507,000) to acquire 500 billion PEPE
XRP Price Prediction as Bulls Defend $0.51 Level – Time to Buy the Dip?
25.8.2023
The XRP price has declined by nearly 3% in the past 24 hours, with its drop to $0.510528 also marking 27% decline in the last 30 days.
XRP's losses have come amid a difficult time for the cryptocurrency market, which has declined by 11% in the past month, following negativity caused...
Bitcoin, Ethereum Technical Analysis: BTC Hits 1-Week High, as Bulls Move to Buy the Dip
24.8.2023
Bitcoin rebounded from recent lows on Thursday, as bulls moved to buy the dip, following a drop below the $26,000 level. The rally comes as traders rejected a full breakout below a key support point of $25,600. Ethereum was also back in the green during today’s session. Bitcoin Bitcoin...
Bitcoin difficulty jumps 6% to new peak as miners ignore BTC price dip
23.8.2023
BTC price action is causing some to panic, but Bitcoin miner confidence in the network is there for all to see
Analysis Suggests Bitcoin’s 2024 Halving Could Propel Price to $400,000
22.8.2023
The highly anticipated 2024 bitcoin halving could spark a meteoric price rise, potentially driving its value to a staggering $400,000, suggests an analysis by Blockware Solutions. The forecasted supply trim in 2024 might ignite an explosive demand for bitcoin. The report highlights how a dynamic...
Ethereum Price Prediction as ETH Falls 10% – Time to Buy the Dip?
22.8.2023
The Ethereum price has dropped to $1,664 today, representing a 0.4% fall in 24 hours and a 10% loss in the past week.
ETH is also down by 11% in the last 30 days, with the altcoin's losses coming amid a period of market-wide negativity that has been caused macroeconomic fears (e.g. China)...
XRP, ADA Post Highest Losses Among Majors; Bitcoin Steady as 'Buy the Dip' Mentions Fade
22.8.2023
Bitcoin and ether held steady over the past 24 hours, data from CoinGecko shows, with few fundamental catalysts to lift markets
Bitcoin Price Prediction as BTC Falls to $26,000 Support Level – Dip-Buying Opportunity?
22.8.2023
In the ever-evolving landscape of cryptocurrency, the price of Bitcoin price currently hovers at $26,051, experiencing a marginal decrease of 0.25% on Tuesday.
While market dynamics remain fluid, recent developments and factors have caught the attention of both investors and enthusiasts. ...