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Bitcoin Sinks Below $33K, Analyst Says BTC at ‘Dangerously Low Levels’ While ETH Rests at ‘Comfortable Levels’
8.7.2021
Bitcoin and a number of popular digital assets have been dropping in value over the past 24 hours, as bitcoin has slipped below the $33K handle. The entire market capitalization of all 10,000+ crypto assets in existence has shed billions during the overnight trading sessions, and the crypto economy...
Dogecoin (DOGE) Takes Support from Lower Levels!
29.6.2021
Dogecoin or Memcoin has been one of the most talked-about cryptocurrencies in 2021. After making a substantial up move in 2021, the second-half rally, or after May, has been subdued by numerous factors such as decreasing valuations. The negative trend in the overall crypto market pushed DOGE from...
DigiByte (DGB) Taking Support From Lower Levels
28.6.2021
DigiByte (DGB) was originally put forward in 2013 and began offering its services in 2014. In the last seven years, the blockchain network and its security have improved by a considerable margin. It uses five cryptographic algorithms and real-time difficulty adjustments to control malicious mining...
4 ways investors use support and resistance levels to make better trades
28.6.2021
Properly identifying support and resistance levels can be the difference between a winning trade and significant losses
ETC Defends the Crucial Support Levels!
23.6.2021
While most cryptocurrencies are consistently falling and even breaching important support levels, ETC has respected its 200 days moving average by a huge margin and thus has created an uphill battle to retrace to higher levels. After the huge red candle on 21st June, all hopes were lost in this...
StormGain Levels Crypto Mining Playing Field to Billions of Smartphone Users
22.6.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
The concept of cryptocurrency mining has a somewhat negative connotation to it these days. Many people see it as a waste of electricity as it requires dedicated and expensive hardware. But what if that was...
Bitcoin drops below $30K to 6-month lows: Watch these next price support levels
22.6.2021
Downward selling pressure sees Bitcoin swiftly take out $30,000 support as Binance users report technical difficulties
XRP Is Breaking Crucial Support Levels!
21.6.2021
Ripple’s blockchain cryptocurrency XRP has been subjected to multiple SEC hearings and impending lawsuits, which are essentially driving the value of XRP down. Technically the currency has breached multiple supports and trendlines, and it headed into a free-fall scenario. But the good news...
As Crypto Interest Winds Down Bitcoin’s Daily Transaction Rate Plummets to Two-Year Lows
8.6.2021
Onchain data indicates that bitcoin transactions per day have plummeted to lows not seen since October 2018. Further, bitcoin transaction fees have dropped 93% after touching a high of $62 per transaction in April 2021. Bitcoin Daily Transaction Rate Dips by 35%, Google Trends Data Shows Interest...
A Stable Bitcoin (BTC) Could Touch $40,000 levels
7.6.2021
Bitcoin currently trades above $36k with a moderate momentum since its high of $36,790.57 in the last 24 hours. BTC currently has a market cap of $680,083,174,620 and a fully diluted market cap of $762,460,122,674. The volume traded in the last 24 hours is $29,759,074,875, down 18.49%, with...
Crypto Consolidation Continues — Bitcoin’s Attempt to Rise Above Psychological Levels Falls Short
4.6.2021
Digital currency markets have slid in value over the last 12 hours as the entire crypto-economy has lost over 7% during the last 24 hours. Bitcoin attempted to cross the $40k handle but was stopped at $39,490. Since then, bitcoin has dipped 7.3% during the early morning (EST) trading sessions...
White House Defends Trillion-Dollar Stimulus While Jamie Dimon and Larry Summers Warn of Runaway Inflation
27.5.2021
On Wednesday the White House defended President Joe Biden’s trillion-dollar spending proposals despite the criticism concerning rising inflation and low-interest rates. Inflation has risen at unprecedented levels in the U.S. and the average American’s purchasing power is growing less...
Altcoins soar while Bitcoin and Ethereum price stall near key levels
26.5.2021
Altcoins moved higher while a lack of buy volume prevented Bitcoin and Ethereum price from breaking out after the completion of a bullish inverse head and shoulders pattern
Fed’s Daily Tapering Increases by 23%- Tuesday’s Reverse Repo Removes $432 Billion from Market
25.5.2021
Since well before the onset of Covid-19, the U.S. Federal Reserve had initiated monetary easing policies and from then on, the M1 Money Stock supply skyrocketed to levels never-before-seen in history. This weekend reports disclosed that the Fed has started to taper quantitative easing (QE) when...
Argentinean Police Detain Two People Connected to Alleged Crypto Scam Intense Live
21.5.2021
As cryptocurrencies become a trending topic across Argentina, local authorities hunt virtual currencies scammers amid the coronavirus-driven crisis and high inflation levels. The Argentine Federal Police detained two members of an alleged pyramid scheme operating in a northern province....
'Fear' grips Bitcoin as crypto market sentiment drops to lowest levels since April 2020
14.5.2021
Trader sentiment is verging on "extreme fear," the Index shows amid echoes of the climate after the March 2020 cross-asset crash
Bitcoin price fails to build $50K support as traders eye lower levels next
13.5.2021
Time to buy or wait and see? Bitcoin may have further to fall but long-term price trends are still intact
Bitcoin’s Market Dominance Slides to 50%, While Ethereum’s Valuation Climbs Higher
24.4.2021
Bitcoin dominance, the metric that measures bitcoin’s overall market capitalization against all the other crypto asset valuations has dropped considerably in recent weeks. At the end of February, bitcoin dominance levels started sliding downward from 61% to today’s 50%. Meanwhile, from...
Exchange tokens bounce from key support levels as COIN looks for direction
20.4.2021
Bitcoin’s sharp correction to $50,000 brought Binance Coin, FTX Token, OKex and Huobi Token to their lower support levels but data shows there is still a bullish case for exchange tokens
Bitcoin and Ethereum Approach Breakout Levels, Dips Turn Attractive
20.4.2021
Bitcoin price managed to stay above the USD 54,000 support zone. BTC started a fresh recovery wave and it climbed above the USD 55,500 level. It is currently (12:30 PM UTC) showing a few positive signs, but it could face hurdles near USD 56,500.
Similarly, most major altcoins are attempting a fresh...