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Bitcoin, Ethereum Technical Analysis: BTC Bulls Continue to Target $30,000, Despite Slow Start to the Week
14.8.2023
Bitcoin started the week hovering slightly above the $29,300 region, however bulls continue to target a resistance level of $30,000. The cryptocurrency mostly consolidated this past weekend, with this sentiment still present on Monday. Ethereum fell marginally below its Sunday peak. Bitcoin Bitcoin...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Rebound on Saturday, as Markets Consolidate Following Recent Decline
12.8.2023
Bitcoin was back in the green to start the weekend, after bulls rejected a breakout below $29,000 during Friday’s session. The cryptocurrency continues to hover around a key support level, without either bulls or bears taking control. Ethereum was also marginally higher. Bitcoin Bitcoin...
'Altcoin Season' is Coming, Technical Analysis Suggests
11.8.2023
An inverse head-and-shoulders pattern, one of the most trusted indicators known to presage major price rallies, is building in the altcoin market
Best Crypto to Buy Now 10 August – Aptos, Rocket Pool, Maker
11.8.2023
U.S. inflation metrics saw a notable rise recently, with the Consumer Price Index (CPI) experiencing a 3.2% increase over the past year leading up to July.
Despite the financial development indicated by this data released by the Bureau of Labor Statistics (BLS) on Thursday, the performance...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Slip on Thursday, Despite Inflation Cooling Off in US
10.8.2023
Bitcoin retreated from a recent high on Thursday, in light of a much anticipated inflation report from the United States. The consumer price index declined to an annual rate of 3.2% last month, with core inflation falling to 4.7%. Ethereum also slipped into the red. Bitcoin Bitcoin (BTC) gave...
Best Crypto to Buy Now 9 August – Rollbit Coin, Toncoin, Hedera
9.8.2023
The United States Federal Reserve announced on Tuesday an enhanced oversight program concerning lenders' interactions with cryptocurrencies.
This decision follows a string of measures from U.S. regulators designed to curtail banks’ direct involvement in cryptocurrencies.
In light of this...
What Is Crypto's 'Bart' Chart Pattern and Does It Mean Bitcoin's Price Is Heading Towards a Rally?
9.8.2023
Biggest Movers: SHIB 10% Higher on Wednesday, SOL Records 10-Day High
9.8.2023
Shiba inu rose by as much as 10% during today’s session, as bullish sentiment returned to cryptocurrency markets. The meme coin climbed to its highest point this week, with the global crypto market cap up nearly 2% as of writing. Solana was another big gainer, hitting a ten-day high on Wednesday....
Bitcoin, Ethereum Technical Analysis: BTC Surges Above $30,000, as Moody’s Downgrades 10 US Banks
9.8.2023
Bitcoin moved above $30,000 late on Tuesday, as markets reacted to the news that rating agency Moody’s had downgraded several U.S. banks. The list includes State Street, Northern Trust, and Bank of New York Mellon. Ethereum was marginally higher. Bitcoin Bitcoin (BTC) briefly rose back above...
Best Crypto to Buy Now 8 August – Hedera, MultiversX, Algorand
8.8.2023
The Securities and Exchange Commission (SEC) is anticipated to give the green light to spot Bitcoin ETF applications from financial giants BlackRock and Invesco.
According to Mike Novogratz, CEO of Galaxy Digital, the approval could occur within a four to six-month window.
Considering this...
Bitcoin, Ethereum Technical Analysis: BTC Nears 1-Week High, as Paypal Launches USD Stablecoin
8.8.2023
Bitcoin rebounded on Tuesday, following the news that Paypal was launching a USD stablecoin on the ethereum blockchain. The company hopes the move will bridge the gap between fiat and cryptocurrencies for all of its stakeholders. Ethereum was marginally higher today. Bitcoin Bitcoin (BTC) was back...
Best Crypto to Buy Now 7 August – XDC Network, Kaspa, Algorand
7.8.2023
PayPal, the global payments giant, continued its journey into the cryptocurrency space with the launch of its own stablecoin today, PayPal USD (PYUSD).
This development marks a significant stride since PayPal's initial foray into the cryptocurrency industry in late 2020.
Given this development...
Bitcoin, Ethereum Technical Analysis: BTC Flatlines on Monday, as Market Volatility Continues to Fade
7.8.2023
Bitcoin started the week mostly flat, as market volatility remained near recent lows during today’s session. Traders appear to be on the sidelines ahead of Wednesday’s key inflation report from the United States. Ethereum mostly consolidated on Monday. Bitcoin Bitcoin (BTC) continued...
Biggest Movers: SHIB Surges to 3-Month High to Start the Weekend
5.8.2023
Shiba inu was a notable gainer during Saturday’s session, as the meme coin climbed to a three-month high. The move comes as traders continue to react to Binance’s decision to approve the coin as a collateral asset, in addition to the upcoming launch of Shibarium. Dogecoin also snapped its recent...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Declines on Saturday, as Markets React to Latest NFP Report
5.8.2023
Bitcoin started the weekend trading below the $29,000 level, as markets continued to react to the latest U.S. nonfarm payrolls (NFP) report. 187,000 jobs were added to the economy in July, less than the 200,000 markets had expected. Ethereum neared a multi-week low. Bitcoin Bitcoin (BTC) dropped...
Best Crypto to Buy Now 4 August – GMX, XDC Network, Injective
4.8.2023
One of the largest pieces of news impacting crypto markets today is that Coinbase has requested the dismissal of a lawsuit filed against them by the United States Securities and Exchange Commission (SEC), according to an announcement made today by Paul Grewal, the company's Chief Legal Officer....
Biggest Movers: SHIB 5% Higher as Meme Coin Nears Key Resistance Level
4.8.2023
Shiba inu was one of Friday’s biggest movers, as markets reacted to the news that Binance had approved the meme coin as a collateralized asset. The cryptocurrency exchange confirmed that it was adding 22 new loanable and collateral assets to its Flexible and VIP Loan services. Solana was another...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Around $29,000 Ahead of Nonfarm Payrolls
4.8.2023
Bitcoin is trading near a support point of $29,000, ahead of today’s U.S. nonfarm payrolls (NFP) report. It is expected that 200,000 jobs were added to the economy last month, down from 209,000 in June. Ethereum was marginally lower on Friday. Bitcoin Bitcoin (BTC) consolidated around...
Best Crypto to Buy Now 3 August – Flex Coin, XDC Network, Hedera
4.8.2023
Hong Kong has taken a major step today in embracing cryptocurrency by granting a retail trading license to HashKey, making it the first platform in the country to receive such authorization.
This development signals Hong Kong's intent to become a crypto hub in Asia, providing easy access...
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...