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Crypto Biz: Consolidation ramps up among crypto firms
23.8.2024
This week’s Crypto Biz examines recent acquisitions in the crypto industry, Tether’s plans for a dirham stablecoin, and Polychain’s investment in the Bitcoin protocol Corn
Crypto Biz: Consolidation ramps up among crypto firms
23.8.2024
This week’s Crypto Biz examines recent acquisitions in the crypto industry, Tether’s plans for a dirham stablecoin, and Polychain’s investment in the Bitcoin protocol Corn
Crypto Biz: Consolidation ramps up among crypto firms
23.8.2024
This week’s Crypto Biz examines recent acquisitions in the crypto industry, Tether’s plans for a dirham stablecoin, and Polychain’s investment in the Bitcoin protocol Corn
Bitcoin volatility ‘ramping up’ above ATH levels as price retests $62K
22.8.2024
Bitcoin’s volatility is now higher than it was on the day of its all-time high in March, with traders suggesting this could signal the end of the “massive consolidation.”
How long will Bitcoin’s price consolidation last?
1.8.2024
Bitcoin price drops to new lows, but analysts expect BTC's consolidation to end within a month
Ethereum Technical Analysis: ETH Eyes Bullish Rebound Amidst Consolidation
22.7.2024
Ethereum’s price on July 22, 2024, stands at $3,497, showing a dynamic interplay of market forces. The cryptocurrency’s recent movements exhibit consolidation with a potential bullish resurgence. Ethereum The 1-hour ETH/USD chart reveals critical support at $3,411 and resistance...
Bitcoin Technical Analysis: BTC Balances Short-Term Corrections and Long-Term Bullish Momentum
22.7.2024
On Monday, bitcoin’s price stands at $67,463 per unit, within an intraday 24-hour range of $65,833 to $68,486. The leading crypto asset boasts an overall market capitalization of $1.33 trillion and a 24-hour trade volume of $31 billion. Bitcoin Bitcoin’s 1-hour chart indicates...
Bitcoin Market in Flux: Glassnode Analysis Highlights Key Insights
3.7.2024
Despite Bitcoin’s sideways price action, market profitability remains strong, according to a recent report by onchain analysis firm Glassnode. The report highlights significant trends in investor behavior and market conditions that may signal future volatility. Amid Market Fear, Bitcoin...
How long will Bitcoin's price consolidation last?
2.7.2024
Some crypto analysts expect Bitcoin’s price consolidation to end based on technical chart patterns and falling exchange reserves
Cleanspark Acquires Griid in $155 Million All-Stock Deal to Boost BTC Mining Operations
27.6.2024
In a significant expansion move, Cleanspark, a leading U.S. bitcoin mining company, has announced the acquisition of its rival firm Griid for $155 million. This strategic all-stock transaction aims to enhance Cleanspark’s mining capacity, particularly in the aftermath of Bitcoin’s...
Steady Above $60K: Bitcoin Weathers Government Sell-Offs, Says QCP Capital
27.6.2024
Despite a brief dip below $60,000 on June 23, bitcoin has demonstrated formidable resilience by closing above this pivotal level for 118 days in 2024. According to QCP Capital, the cryptocurrency continues to hold strong against various market pressures, including substantial governmental...
Summer Consolidation to Precede US Election ‘Fireworks’ in Crypto Markets, Says QCP Capital
22.6.2024
Despite several bullish indicators, including a significant bitcoin purchase by Microstrategy and optimistic projections by notable figures, bitcoin’s price action remains subdued. Market analysts at QCP Capital shed light on the underlying factors contributing to this paradox. Bullish Signs...
Bitcoin 92-day consolidation is setting up a ‘massive’ rally — Traders
13.6.2024
Bitcoin is now trading in its “longest” consolidation period, but the longer the consolidation, the “larger the expansion,” according to traders
Bitcoin Technical Analysis: BTC Holds Steady Amidst Consolidation Phase
10.6.2024
Bitcoin’s price stands at $69,352, within a 24-hour intraday range of $69,213 to $69,840. The leading crypto asset’s market capitalization is $1.36 trillion, with a 24-hour trade volume of $14.83 billion. Bitcoin The hourly chart for bitcoin (BTC) indicates a phase of consolidation...
Bitcoin Technical Analysis: BTC Bulls Target Upper Resistance Aiming for New Highs
5.6.2024
Bitcoin, priced at $70,875, has exhibited strong bullish trends within the last 24 hours, with intraday prices ranging from $68,819 to $71,339. The cryptocurrency boasts a market capitalization of $1.39 trillion and a 24-hour trade volume of $37.14 billion. Analyzing the 1-hour, 4-hour, and daily...
Bitcoin in 42-day ‘boredom zone' — traders debate next move
30.5.2024
Bitcoin’s price has sat in the "boredom zone" for over a month, leaving traders guessing about a potential surge or retracement
Bitcoin Technical Analysis: BTC Shows Consolidation Phase Amid Recent Volatility
29.5.2024
Bitcoin’s price on May 29, 2024, reflects a period of consolidation following recent volatility. The current price stands at $67,739 with an intraday range of $67,201 to $68,880. Technical indicators and moving averages provide a mixed outlook, indicating both potential stability and...
Bitcoin Technical Analysis: BTC Consolidation Signals Range-Bound Activity
24.5.2024
Bitcoin is currently priced at $67,350, with a market capitalization of $1.32 trillion and a trading volume of $42.36 billion. The cryptocurrency’s price has fluctuated within the range of $66,665 to $70,028 over the last 24 hours. Bitcoin Recent trends in the daily chart reveal bitcoin...
BONK price sets another milestone after breaking 2-month consolidation
22.5.2024
After coming out of the consolidation phase, BONK hopes to achieve the milestone of $0.0000712. This aligns interestingly with Bitcoin, which is also experiencing an upward rally. However, BONK is banking on its rally amid the excitement of approval for Spot Ether ETF. In April, Solana-based crypto...
Bitcoin Technical Analysis: BTC Encounters Strong Resistance, Enters Consolidation Mode
22.5.2024
As of May 22, 2024, bitcoin is trading at $69,952, navigating a recent intraday range of $69,211 to $71,422. Despite a tumultuous period, bitcoin has shown resilience with an 11.9% increase over the past week and a 5.9% rise over the past month. Bitcoin Bitcoin’s 1-hour chart reveals...