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Bitcoin, Ethereum Technical Analysis: Bitcoin Pushes Towards $31,000 as US Inflation Is Expected to Fall
12.7.2023
Bitcoin moved towards $31,000 on Wednesday, ahead of June’s inflation report from the United States. Consumer prices are expected to fall to 3.1%, down from May’s reading of 4.0%. Ethereum also edged higher, as the cryptocurrency closed in on the $1,900 mark. Bitcoin Bitcoin (BTC)...
Bitcoin, Ethereum Technical Analysis: ETH Over $1,900 as Greenback Weakens on Tuesday
11.7.2023
Ethereum moved briefly above the $1,900 level on Tuesday, as the U.S. dollar weakened versus several G7 currencies. The biggest fall came versus the British pound, with USD/GBP hitting a 15-month low. Bitcoin also rose higher, climbing past $31,000 earlier in the day. Bitcoin Bitcoin (BTC) moved...
Price analysis 7/10: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC
10.7.2023
The weakness in the U.S. Dollar Index bodes well for Bitcoin and altcoins in the near term
Today in Crypto: BIS Presents Seven-Point Plan to Prevent CBDC Cyber Attacks, Multiple Scam Warnings Are Issued, Preliminary Hearing for Terraform Co-Founder Daniel Shin Held on Monday
10.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: BIS Presents Seven-Point Plan to Prevent CBDC Cyber Attacks, Multiple Scam Warnings Are Issued...
Bitcoin, Ethereum Technical Analysis: BTC Remains Near $30,000, as Traders Prepare for Key US Economic Data
10.7.2023
After a recent slip, bitcoin moved back above $30,000 on Monday, ahead of a key week of U.S. economic data, with the headline being the inflation report. Inflation is expected to drop to 3.1% in June, which would be a nearly two-year low. Ethereum also slipped on Monday, remaining below $1,900....
Bitcoin, Ethereum Technical Analysis: BTC Consolidates to Start Weekend, ETH Remains Below $1,900
8.7.2023
Bitcoin was hovering near the $30,000 level to start the weekend, as markets continued to digest the latest U.S. nonfarm payrolls report. Payrolls came in at 209,000, less than the 225,000 expected, putting slight doubt in a potential July rate hike. Ethereum continued to trade below $1,900...
Price analysis 7/7: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC, MATIC, DOT
7.7.2023
Bitcoin and select altcoins are finding buyers at lower levels, indicating a pick-up in positive sentiment
Today in Crypto: Saga Pulls Back From Blockchain Gaming, Bitfinex Recovers More Stolen Assets, BarnBridge DAO Members Told to Stop 'All Work' Amidst Investigation, Lightning Labs Releases Tools for Bitcoin Lightning & AI Devs
7.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Saga Pulls Back From Blockchain Gaming, Bitfinex Recovers More Stolen Assets, BarnBridge DAO Members Told...
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $30,000 Ahead of US Nonfarm Payrolls
7.7.2023
Bitcoin dropped below the $30,000 level on Friday, ahead of the upcoming nonfarm payrolls (NFP) report in the United States. Today’s report comes as private sector jobs rose by 497,000 in the last report, double the expected number. Friday’s NFP is projected to come in at 225,000....
Bitcoin, Ethereum Technical Analysis: BTC Briefly Climbs to 1-Year High, Before Losing Momentum
6.7.2023
Bitcoin rose to a fresh one-year high on Thursday, as markets reacted to the release of June’s FOMC minutes. The report on last month’s Federal Open Market Committee meeting showed that “almost all participants” are in favor of further hikes this year. Ethereum also...
Price analysis 7/5: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC, MATIC, DOT
5.7.2023
Bullish crypto traders are struggling to clear the overhead barrier in Bitcoin and select altcoins, indicating that bears have not given up yet
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Lower Ahead of FOMC Meeting Minutes
5.7.2023
Bitcoin dropped below $31,000 on Wednesday, as markets consolidated ahead of the upcoming U.S. Federal Open Market Committee (FOMC) minutes. The minutes of last month’s meeting are expected to show the Fed’s potential path to further hikes this year. Ethereum fell for a second...
Goldman Sachs: Bitcoin, Ether Supply on Exchanges Fell in June – Bull Market Back?
5.7.2023
Exchange balances of Bitcoin (BTC) and Ether (ETH) fell significantly in June as more crypto holders chose to take self-custody, a report by investment bank Goldman Sachs has said.
Analyzing on-chain data, the Goldman Sachs report said it is likely that many crypto investors have moved their...
Taiwan Notes Rise in Bitcoin, Ethereum Use in Bribery Cases
5.7.2023
Bitcoin (BTC) and Ethereum (ETH)-powered “bribery” cases are on the rise in Taiwan, the nation’s justice ministry has claimed.
Per the China Times, the ministry warned that cash is no longer the only currency used in corruption cases.
The ministry said that BTC, ETH, and other coins were also...
Bitcoin, Ethereum Technical Analysis: BTC Edges Closer to Fresh 1-Year High Above $31,000
4.7.2023
Bitcoin moved back above the $31,000 level on July 4th, as U.S. traders celebrated the Independence Day holiday. As a result of the rally, the cryptocurrency remained near a one-year high in today’s session. Ethereum consolidated after Monday’s gains. Bitcoin Bitcoin (BTC) moved...
Bitcoin and Cryptos Rally, Unfazed by BlackRock ETF Worries
4.7.2023
Bitcoin (BTC) and the broader crypto market held on to their recent gains on Tuesday, with Bitcoin appearing to hold support above the $31,000 level.
As of Tuesday at press time, BTC traded just north of $31,000, up 1.2% for the past 24 hours, while Ethereum’s native ETH token was more or less...
Price analysis 7/3: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC
3.7.2023
The bulls are trying to nudge Bitcoin above the critical resistance of $31,000, which may start a broad-based crypto rally
Bitcoin, Ethereum Technical Analysis: ETH Nears $2,000, Ahead of US Independence Day
3.7.2023
Ethereum moved closer to $2,000 on Monday, as markets prepared for a short, but busy week of U.S. economic data. This is due to the fourth of July Independence Day celebrations, which will see some markets in the United States closed. Once reopened, the FOMC minutes, and non-farm payrolls report...
Price analysis 7/1: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC, MATIC, DOT
1.7.2023
The rejection of ETF applications by the SEC caused a knee-jerk reaction but the shallow fall in Bitcoin and several altcoins suggests that lower levels are attracting buyers
Bitcoin, Ethereum Technical Analysis: ETH Moves Above $1,900, Hitting a 2-Month High to Start July
1.7.2023
Ethereum entered the month of July in the green, as price traded at a two-month high to start the weekend. Markets moved to rebound on Saturday, after better than expected consumer sentiment data in the United Stated spooked traders. Bitcoin also rebounded, after falling below $30,000 on Friday....