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NFT ecosystem attempts a bounce back amid bearish market sentiment
24.9.2022
Supporting the uptrend, the number of NFT holders grew 32.24% over the past three months, as evidenced by data from NFTGo
Bitcoin Price and Ethereum Escape Bearish Breakdown, DCR Surges
22.9.2022
Bitcoin price managed to stay above the $18,500 support zone. BTC is currently (11:00 UTC) trading above $19,000. However, the price is still facing a couple of major hurdles near $19,500 and $19,600.
Similarly, most major altcoins are attempting an upside correction. ETH is slowly moving higher...
Biggest Movers: APE, XLM Move Close to 1-Month Highs
20.9.2022
Apecoin was up by over 13% on Tuesday, despite bearish sentiment remaining largely present in cryptocurrency markets. The token stayed close to a one-month high in today’s session, despite current market turbulence. Stellar was also in the green, nearing a four-week peak. Apecoin (APE)...
Bank of America Market Strategist Says ‘Summer Rally Is Over’ as Crypto and Stocks Slide Ahead of Fed Rate Hike This Week
19.9.2022
Digital currency markets, precious metals, and stocks dropped another leg down on Monday following the drop markets saw last Tuesday. Last week’s fall was one of the worst weeks in more than three months as market strategists believe a sizable Fed rate hike is coming this week. Bank...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit Multi-Month Lows to Start the Week
19.9.2022
On Monday, bitcoin fell to its lowest level since June, as sentiment in cryptocurrency markets remains bearish. The token has fallen lower in consecutive sessions following last week’s U.S. inflation report, and the fall comes ahead of the upcoming U.S. Federal Open Market Committee meeting....
Goldman Sachs' bearish macro outlook puts Bitcoin at risk of crashing to $12K
18.9.2022
Bitcoin derivatives data also shows sentiment shifting in favor of a massive crash below $20,000, the current psychological support
Billionaire Jeff Gundlach Discusses When to Buy Crypto — Warns of Deflation Risk
18.9.2022
Billionaire Jeffrey Gundlach, aka the Bond King, has shared his view on when to buy cryptocurrency. “You need a true Fed pivot,” he stressed. Gundlach also warned about the increasing risk of deflation, noting that it’s time to be bearish on the stock market. Jeffrey Gundlach...
Historical Bitcoin Price Trends Are Traditionally Bearish in September, While BTC Market Revivals Follow in October
17.9.2022
Half of September has passed and bitcoin traders are curious about where the price is headed next, as September is traditionally a bearish month for crypto prices. Furthermore, October is known to be a bullish month as bitcoin has been profitable in October more than 77% of the time. Data shows...
Biggest Movers: LUNC up 20% on Saturday, XRP Moves Towards 1-Week High
17.9.2022
Terra classic rose by as much as 20% in today’s session, which comes following a recent bearish streak. Today’s rally follows Thursday’s drop to a key support point, with bulls using this as an ideal area to reenter. Xrp was also higher, as it moved closer to a long-term...
Bitcoin, Ethereum Technical Analysis: ETH Nears 2-Month Low, as Post-Merge Sell-Off Continues
17.9.2022
Ethereum continued to fall on Saturday, as the token’s post-Merge sell-off intensified to start the weekend. Prices of the world’s second largest cryptocurrency fell to their lowest level since July, as bearish sentiment in the market remained high. Bitcoin was also lower today, once...
Is the Biden Crypto Framework Bullish or Bearish for Crypto Prices?
17.9.2022
The administration of President Joe Biden has recently released a regulatory framework for digital assets, but key participants in the space do not believe it adequate.
A fact sheet describing the steps taken to regulate the cryptocurrency industry was made public by the White House on Friday....
Bitcoin, Ethereum Technical Analysis: ETH Hits 3-Week Low as Bearish Momentum Increases Following The Merge
16.9.2022
Ethereum moved to a three-week low on Friday, as market sentiment remained bearish following the completion of The Merge. The world’s second largest cryptocurrency dropped below $1,500 today, less than 24 hours after the historic migration from proof-of-work (PoW), to a proof-of-stake (PoS)...
Etheruem Bearish Turn Could Drag Bitcoin Lower, ATOM and GLM Rally
16.9.2022
Bitcoin price remained well below the $20,500 resistance zone. BTC is currently (03:30 UTC) trading below the $20,000 support zone. A downside break below $19,500 might start a major decline in the near term.
Similarly, most major altcoins are struggling to start a fresh increase. ETH started...
Why the Bitcoin Price is Crashing Today After Bearish CPI Data – And Why it's Not All Bad
13.9.2022
The bitcoin price is crashing at the start of the US session after US Consumer Price Index inflation came in at the top of economists' forecasts.
Bitcoin is trading down 4.1% at $21,404 after a good run in which still leaves the price up 13% over the past seven days.
As we reported earlier today...
UNUS SED LEO (LEO) and BudBlockz ($BLUNT) See Increased Purchasing Volume
13.9.2022
Currently, the crypto market is one of the most dynamic markets in the world. This is largely due to the high level of speculation that characterizes the market and the constant innovation and development unfolding at every turn. Because of this dynamism, the price of crypto assets, including coins...
‘A Dangerous Looking Moment in Global Economics’ — Veteran Investor Jeremy Grantham Warns S&P 500 Could Plunge Another 26%
12.9.2022
Jeremy Grantham, the co-founder of the Boston-based asset management firm Grantham, Mayo, & van Otterloo (GMO) believes Standard and Poor’s 500 (S&P 500) could drop another 26% during the next 12 months, according to statements the veteran investor made last week. The...
Glimpses of positive momentum in an overall bearish market? Report
12.9.2022
Bitcoin’s price closed out August with a 13.4% decline, but BTC nearing its all-time high long-term-holder supply of 13.61 million flashes a bullish signal
Bitcoin Price Outlook for September
9.9.2022
Almost ten days into September, market volume in bitcoin has started rising, as traders return to action following the summer break. As volume returns, so does volatility, with this week showing both high levels of bullish and bearish sentiment in the token. Looking forward to the remainder of...
Bitcoin Bets Look Bearish as Futures Trading Hits Record Level
7.9.2022
The number of outstanding futures and perpetual contracts on bitcoin rises to a record, and traders are paying up to bet on further price declines – in a market that's already bearish
ETH price outlook for The Merge: Bullish or bearish? | TheChartGuys interview
1.9.2022
What are the professional trader outlooks for the Ethereum Merge? Join us as we discuss this and other topics with Tim Warren, co-host of Coffee N Crypto, and Dan McDermitt