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Ether price hits 2-week high as London hard fork momentum builds
4.7.2021
The second-largest cryptocurrency by market capitalization peaked north of $2,350 on Sunday, its highest reading since June 18. Bitcoin price stability and anticipation of major protocol upgrades are fueling investors’ appetite for ETH
Bitcoin's key momentum metric hints at bullish divergence as BTC clings to $33K
2.7.2021
The RSI is seeing higher lows after rebounding from its oversold areas as Bitcoin price is forming lower lows
Bitcoin Breaks Key Barrier, Ethereum and Altcoins Gain Momentum
23.6.2021
Bitcoin price started a strong increase above the USD 32,000 level. BTC even broke the USD 33,500 and USD 34,000 resistance levels. The current (12:15 PM UTC) price action suggests a possibility of more upsides above USD 34,500 in the near term.
Similarly, most major altcoins are showing positive...
Bitcoin Tests New Lows, Ethereum and Altcoins Gain Bearish Momentum
21.6.2021
Bitcoin price failed to recover and it extended its decline below USD 34,000. BTC even traded below the USD 33,500 and USD 32,200 support levels. It is currently (14:09 UTC) showing bearish signs and it might extend losses below USD 32,000.
Similarly, most major altcoins are gaining bearish...
Crypto CFDs Are Popping Up Like Mushrooms – Here’s Why
4.6.2021
Thanks to its high volatility and price momentum, cryptocurrency is an increasingly popular asset class amongst retail day traders. CFDs that track price changes in major tokens make cryptos even more accessible for investors without the steep learning curve that traditionally accompanies...
Bitcoin and Ethereum Gain Momentum, DOGE and BNB Surge
2.6.2021
Bitcoin price is rising and it is trading above the USD 36,500 resistance zone. BTC is currently (12:40 PM UTC) trading above USD 37,000 and it seems like the bulls are aiming for a break above USD 38,000. If they succeed, the price could test USD 40,000.
Besides, most major altcoins are trading...
Bitcoin Regains Momentum After Hitting Weekly Low at $33k
31.5.2021
Current Crypto Market Sentiment Over the last week, the crypto market experienced a $1,369 billion dip on Monday and a $1,787 billion rise on Wednesday. A rise in Bitcoin dominance was recorded at 47.06% high on Monday that fell to 42.67% low on Thursday. Across the majors in the crypto market...
3 ways traders use moving averages to read market momentum
27.5.2021
The 20-day EMA and 50-day SMA are often used by traders to observe the market’s momentum and calculate the best time to enter and exit an asset
Bitcoin and Ethereum Gain Momentum, Altcoins Accelerate
26.5.2021
Bitcoin price remained strong above the USD 38,000 resistance level. BTC even broke the USD 40,000 level and traded close to USD 41,000. It is currently (12:20 PM UTC) correcting gains, but it might continue higher towards USD 42,000 in the near term.
Similarly, most major altcoins are gaining...
Bitcoin and Ethereum Show Signs of Revival, Altcoins Gain Momentum
20.5.2021
Bitcoin price remained well bid above the USD 35,000 level and it started a decent recovery. BTC broke the USD 38,000 and USD 40,000 resistance levels. It is currently (12:30 PM UTC) showing a few positive signs and it could continue to move higher towards USD 42,000.
Similarly, most major altcoins...
The Future of Ethereum in a Meme: Ultrasound Money
10.5.2021
The “ultrasound money” meme has been running in Ethereum based circles for some time, gaining momentum as the asset rises and rises in value during this bull market. While it is considered a joke by many, like a myriad of memes, it hides a very complex array of factors that contribute...
The Flip Side of NFTs: A Glimpse Into the Artists’ Unique Perspectives
9.5.2021
The incredible momentum of the nascent non-fungible token (NFT) market has attracted significant attention from collectors and investors alike. Still, one group that is notably benefiting from this paradigm shift is the artists behind these creative works. New Era for Art Emerges as a Net Positive...
Ethereum Climbs To USD 3.2K, Bitcoin and Altcoins Gain Momentum
3.5.2021
Bitcoin price settled above the USD 58,000 level. It is currently (12:00 UTC) trading above the USD 58,500 resistance level and it seems like the bulls are aiming a test of the USD 60,000 resistance zone in the near term.
Most major altcoins are gaining bullish momentum, including ethereum,...
Justin Sun: A Colorful Crypto Hawker or Surprising Business Savant?
23.4.2021
Although he is outspoken, raucous, and bombastic when it comes to his public persona, Sun’s questionable publicity stunts could be part and parcel of his strategy for catapulting Tron into the spotlight and capitalizing on crypto’s momentum. Bombastic Approach May Underpin Tron’s...
Torum Closes Million Dollars Private Round to Create Social Media Platform With NFT and DeFi
23.4.2021
PRESS RELEASE. Torum, a social media platform specially designed for cryptocurrency users, is proud to announce that the project is now backed by some of the most promising VCs in the crypto industry. The $1.45M private round was participated by 13 private investors which consist of AU21 Capital...
Bitcoin Consolidates, Ethereum Gains Bullish Momentum, DOGE Crashes
21.4.2021
After a strong rejection near USD 57,500, bitcoin price corrected lower. BTC traded below the USD 56,500 support zone and it is currently (04:30 UTC) trading below USD 56,000. If it fails to stay above USD 55,000, there could be a drop towards USD 53,200.
Conversely, most major altcoins are gaining...
B2Broker CEO Artur Azizov Discusses the Growing Momentum and Future of CBDCs
12.4.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Central banks across the world have started to implement CBDCs (Central Bank Digital Currencies), the sovereign equivalent of cryptocurrencies such as Bitcoin and Ethereum. The idea behind them is that...
Cryptojacking Activity Decreased for the First Time Since 2018, Says Intelligence Report
8.4.2021
Cryptojacking activity seems to be losing momentum, specifically types that mine monero, as a recent report unveiled a slowdown in the illicit crypto-mining activities in the cloud. A threat intelligence firm compiled the results. Report Focused on Cryptojacking Incidents With Monero According...
Ripple’s XRP Continues its Bullish Momentum, Crosses $1 Mark
7.4.2021
XRP, Ripple’s crypto-token, soared past the $1 price mark on Tuesday. This is a major achievement for Ripple ever since its 2018 all-time high of $3.31. On Tuesday, it gained up to 86%, and currently, its price stands at $1.05. XRP has been displaying a bullish movement throughout March when...
Polkadot’s Potential Gathers Momentum as Tether Joins the Ecosystem
6.4.2021
The largest stablecoin by market capitalization will be the first to enter the ecosystem as the Kusama canary network adds support for tether before the eventual deployments to parachains. Tether Inclusion Complements Polkadot’s Efforts to Attract More Defi Applications With cryptocurrency...