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Bitcoin, Ethereum Technical Analysis: BTC Falls Briefly Below $26,000, as Sentiment Remains Weak
22.8.2023
Bitcoin fell below the $26,000 level on Tuesday, as sentiment in the cryptocurrency market remained bearish. The latest drop comes despite price being oversold, following recent declines. As of writing, the global market cap is down 0.42%. Bitcoin Bitcoin dropped marginally below the $26,000 level...
Bitcoin Price Prediction: BTC's 11% Drop Amid Market Dynamics and Key Events
18.8.2023
Amidst a volatile landscape, the cryptocurrency market has witnessed Bitcoin, currently trading at $26,423, experiencing a significant decrease of nearly 11% in the last seven days.
This decline unfolds against the backdrop of notable events and developments that continue to shape the crypto...
Why did Bitcoin drop? Analysts point to 5 potential reasons
18.8.2023
Bitcoin's price fell approximately 8% in a span of 10 minutes, leaving crypto investors scrambling to make sense of the drop
Bitcoin price breaks from range with drop below $28K, and options tilt toward BTC bears
17.8.2023
$570 million in weekly BTC options expire on Friday, and the recent macro and crypto news events have further tilted the advantage to bearish traders
Overwatch 2's New Content Drop Is Its 'Broadest' Ever, Blizz Says
10.8.2023
Overwatch 2 game director Aaron Keller gave a bold, but accurate, statement during an exclusive press presentation two weeks before the massive Invasion content drop. While introducing the new content, Keller (who also said, somewhat pointedly, that Overwatch 2’s PvE mode was “not dead”) noted that...
Biggest Movers: LINK Retreats From 2-Week High, as XRP Drops 5%
10.8.2023
Chainlink declined from a recent two-week high on Thursday, as market uncertainty rose around the latest U.S. inflation report. As consumer prices rose to a reading of 3.2% in July, traders so far seem unsure on how to process this data. XRP fell by nearly 5% today. Chainlink (LINK) Chainlink...
Legendary trader bullish on BTC despite drop, TOADS spearheading altcoin season in 2023
9.8.2023
Despite the recent drop in the well-known Bitcoin (BTC) value, Henrik Zeberg, a legendary cryptocurrency trader, is steadfastly bullish on its future price surge. He has foreseen the potential for BTC to rebound and continue its upward trajectory in the decentralized finance (DeFi) space. While...
Biggest Movers: BCH 5% Higher on Monday, XLM Avoids Drop Below Support
7.8.2023
Bitcoin Cash was one of Monday’s biggest movers, rising by as much as 5%, despite markets mostly consolidating to start the week. The global crypto market cap has been largely unchanged, with volatility mostly muted. Stellar also rose higher, avoiding a drop below a key support point....
Rumors of Insolvency and Chinese Probes Cause Huobi Crypto Exchange TVL to Drop to $2.5 Billion
7.8.2023
Popular cryptocurrency exchange Huobi has experienced significant outflows of funds and a decline in its total value locked (TVL) amidst rumors of insolvency and Chinese investigations.
Between August 5 and 6, Huobi saw outflows totaling $64 million, causing its TVL to drop to $2.5 billion, down...
Coinbase Reports Significant Drop in Consumer Trading Volume Raising Concerns for Crypto Industry
6.8.2023
Coinbase has reported a significant drop in consumer trading volume, which has raised concerns for the crypto industry.
On Thursday, the largest US-based cryptocurrency exchange released its second quarter earnings report, revealing that transaction volume for consumers and institutions...
Bitcoin, Ethereum Technical Analysis: BTC Moves Back Below $29,000, as Bullish Sentiment Weakens
3.8.2023
Bitcoin was once again trading below the $29,000 level on Thursday, as bulls retreated following yesterday’s gains. The drop appeared to come as traders secured profits, following a failed breakout of a key price point. Ethereum also edged lower today. Bitcoin Bitcoin (BTC) dropped below...
Bitcoin Price Prediction as Traders Get Spooked By Curve Fallout – Will BTC Drop to $25,000?
2.8.2023
Bitcoin is currently trading near $29,900, experiencing a decline from its recent peak of $29,900.
The market sentiment is tense due to the recent events surrounding Curve, leading traders to wonder if Bitcoin will potentially drop to $25,000.
The recent announcement of the US Federal Reserve...
Bitcoin Onchain Fees Dive Below $1, Pending Transactions Drop, and Miners Experience Difficulty Reduction
31.7.2023
According to recent Bitcoin data, the count of pending transactions, still awaiting confirmation, has plummeted beneath the 300,000 mark, while onchain fees have seen a reduction over the past week. Starting from July 29, the average onchain fees have fallen below the $1 threshold for each...
Worldcoin stuck after 70% drop from peak — More downside for WLD price?
29.7.2023
WLD price may get anchored to $2 until October primarily due to its initial supply distribution
Activision Sues Popular YouTube Music Critic After He Tried Charging For TikTok Clip
28.7.2023
On July 24, Call of Duty maker Activision Blizzard filed a lawsuit in California alleging that YouTuber Anthony Fantano, a music critic who runs the immensely popular channel The Needle Drop, is misusing intellectual property law and “leveraging the popularity” of a widespread TikTok voice clip...
Bitcoin Mining Computing Power May Drop as Much as 30% After Halving: Experts
26.7.2023
Machine efficiency and low cost of power are key to surviving the bitcoin halving
Reddit prepares to drop Gen 4 collectible avatars on Polygon
26.7.2023
Despite the downturn in the NFT industry, Reddit continues to attract new holders of digital collectibles issues on blockchain
Stablecoin Economy Sees $3 Billion Drop: Leading USD Tokens Shrink as Euro-Anchored Projects Display Resilience
25.7.2023
The stablecoin economy continues to shrink, with more than $3 billion in value removed from today’s top stablecoin valuations in less than 40 days. The dollar-pegged tokens USDP and GUSD experienced the largest 30-day reductions, shedding 45.1% and 27.2%, respectively. Top Stablecoins...
Biggest mining difficulty drop of 2023? 5 things to know in Bitcoin this week
24.7.2023
Bitcoin begins to fulfil traders' downside targets as BTC price action retraces its steps in a crucial macro week
Ordinal Inscriptions Approach 19 Million Amid Stagnant Fees, Bitcoin NFT Sales Drop
23.7.2023
The number of Bitcoin Ordinal inscriptions on the blockchain is nearing 19 million, a trend that has continued for the past 218 days since December 16, 2022. Statistics indicate that miners have accrued roughly 1,847.66 BTC in fees, worth about $55.29 million, confirming the millions of Ordinal...