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Bitcoin and Ethereum Recover Losses, ETC and KAVA Rally
25.5.2022
Bitcoin price declined below the USD 29,200 support zone. However, BTC remained well bid above the key USD 28,500 support zone. It is currently (04:10UTC) trading above USD 30,140 and is up 3% in a day, trimming its weekly losses to almost 1%.
Similarly, most major altcoins are recovering...
XRP Is Down by 6%! Will It Recover?
19.5.2022
XRP is a cryptocurrency that transforms global payment facilities. It offers a more transparent, secure, and decentralized global economic platform. XRP has a wide range of use cases and works with different corporate houses. XRP aims to build a global economic crypto solution, and people treat...
UK Outlines Plans to Support Crypto Adoption, Create More Powers to Seize and Recover Digital Assets
11.5.2022
Delivering the Queen’s Speech, Prince Charles outlines the British government’s plans to support the safe adoption of cryptocurrencies and create “powers to more quickly and easily seize and recover crypto assets.” UK Government Plans to Support Crypto Adoption The U.K....
Erratic Bond Yields, Lockdowns, and War — 3 Reasons Why Economic Recovery Won’t Happen Quickly
10.5.2022
The global economy looks bleak as inflation continues to rise, and a wide array of financial investments continue to shudder in value. Since May 2, 2022, the crypto economy has dropped more than 15% from $1.83 trillion to today’s $1.54 trillion. The price of gold has lost 5% in 30 days,...
UST Rebounds From $0.66 per Coin to $0.93, Crypto Community Assesses Stablecoin’s Damaged Reputation
10.5.2022
On Monday, May 9, 2022, the stablecoin terrausd (UST) lost its parity with the U.S. dollar and dropped to an all-time low of $0.66 per unit. The stablecoin has been one of the most topical discussions in crypto during the past 24 hours, as many have been betting on whether it will fail or recover....
Bitcoin and Ethereum Try to Recover, APE Pumps and Dumps on Musk’s Move
4.5.2022
Bitcoin price remained well bid above the USD 38,000 level, started a short-term upside correction above the USD 38,500 level, and is currently (11:57 UTC) testing the USD 39,000 level. BTC is up over 1% in a day and 2% in a week.
Similarly, most major altcoins are facing key hurdles. ETH must...
Can Algorand (ALGO) Recover Its Momentum in 2022?
29.4.2022
Several altcoins are entering the market, intending to offer unique features. Algorand was launched to enable speedy transactions with enhanced security and relatively lower fees. Algorand introduced the world’s first proof of stake foundational blockchain. Their advanced technology provides...
Bitcoin and Ethereum Struggle to Recover Higher, DOGE Dives, APE Gains
27.4.2022
Bitcoin price formed a base above the USD 38,000 level and recovered above the USD 38,700 level. It is currently (12:03 PM UTC) trading around USD 39,000 and is facing a strong resistance near USD 39,200. BTC is down almost 4% in a day and 6% in a week.
Similarly, most major altcoins are facing...
Bitcoin and Ethereum Struggle to Recover, SHIB Trims Gains
13.4.2022
Bitcoin price attempted a recovery wave above the USD 40,500 level. However, BTC struggled to gain strength for a clear move. It is currently (11:51 UTC) trading near USD 39,900 and remains at risk of more downsides below USD 39,500.
Similarly, most major altcoins are struggling to start...
Bitcoin and Ethereum Try to Recover, ETC and NEAR Rally
8.4.2022
Bitcoin price formed a base above the USD 43,000 level and moved above USD 43,500. It is currently (04:05 UTC) trading in a range near USD 43,600, with a key breakout zone near the USD 44,000 level.
Besides, most major altcoins are attempting a recovery wave. ETH must clear the USD 3,300...
Market Wrap: Cryptos Recover, With Altcoins in the Lead
7.4.2022
Bitcoin (BTC) and other cryptos stabilized on Thursday along with stocks. Altcoins led the way higher, although trader sentiment remains mixed. Also, mining data can be useful to track price peaks and troughs
‘Docklands DAO’ plan to help Melbourne precincts recover from the pandemic
7.4.2022
RMIT Blockchain Innovation Hub has proposed a pilot program for “Docklands DAO” that will help Melbourne precincts recover from the pandemic
Bitcoin and Ethereum Try to Recover Losses, WAVES and ZIL Trim Gains
1.4.2022
After bitcoin started a fresh decline from the USD 48,000 resistance zone and spiked below the USD 45,000 support zone, it managed to return above this level and is currently (11:31 UTC) trading near USD 45,200 again. BTC is down 4% in a day.
Similarly, most major altcoins are trying to recover...
Bitcoin and Ethereum Try to Recover, AVAX Outperforms
21.3.2022
Bitcoin price corrected lower from the USD 42,250 zone but BTC remained well bid above the USD 40,500 level and started a fresh increase. It is currently (11:56 UTC) showing positive signs near USD 41,300 and might continue moving higher. BTC is still down 1% in a day....
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Market Wrap: Cryptos Recover From Drop After Fed Rate Hike; Expect Higher Volatility
16.3.2022
Cryptocurrencies experienced a wild trading day after the Fed raised rates for the first time since 2018. Bitcoin (BTC) was up about 3% over the past 24 hours, while altcoins such as SAND and LINK outperformed
Bitcoin and Ethereum Try to Recover, Smaller Altcoins Rally
11.3.2022
Bitcoin price tested the USD 38,250 level, but the bulls protected additional losses and the price moved above the USD 39,000 level again and is now (11:56 UTC) testing the USD 40,000 level.
Similarly, major altcoins are also trying to recover losses. ETH declined to USD 2,525 before correcting...
Bitcoin and Ethereum Struggle to Recover, Altcoins in Red
10.3.2022
Bitcoin price declined over 7% in a day and there was a clear move below the USD 40,000 support. It is currently (11:55 UTC) trading below USD 39,500 and there is a risk of more downsides.
Similarly, most major altcoins are gaining bearish momentum. ETH declined below the USD 2,650 and...
Crypto Market Tries to Recover With Ukraine Negotiations in Focus; Gold & Commodities Rise
7.3.2022
Bitcoin (BTC) and several other major cryptoassets initially fell on Monday, before buyers showed up later in the trading day to offer relief. At the same time, the US dollar, gold, and a large number of other commodities continued on a surge higher, as a ban on Russian oil imports seem to be...
Bitcoin and Ethereum Try to Recover, ATOM Moves Higher
4.3.2022
Bitcoin price extended decline below the USD 42,000 support zone. BTC even spiked below the USD 41,000 level before recovering. It is currently (11:56 UTC) trading above USD 41,800.
Similarly, most major altcoins are trying to recover. ETH spiked below USD 2,700 before returning above...
Bitcoin, Ethereum Try to Recover Losses, Risks Remain
24.2.2022
Russia’s invasion of Ukraine has sparked a sharp selloff in bitcoin. BTC declined below the USD 35,000 level and is currently (11:50 UTC) trying to recover losses once again.
Similarly, most major altcoins are down over 10%. ETH declined below the USD 2,350 support level before recovering....