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Bitcoin, Ethereum Technical Analysis: ETH Falls to 15-Month Low to Start the Weekend
11.6.2022
Crypto prices plunged as the weekend commenced, following yesterday’s U.S. inflation report, which came in at a 40-year high of 8.6%. ETH fell to its lowest point in fifteen months, while BTC dropped below $29,000. Bitcoin Following days of consolidation, BTC finally moved late on Friday...
Biggest Movers: AVAX, ALGO Among Crypto Losers as U.S. Inflation Hits 40-Year High
10.6.2022
AVAX and ALGO both fell by nearly 10% on Friday, following the release of the latest inflation figures in the United States. Data showed that inflation is currently at 8.6%, which is close to a 40-year high. Both AVAX and ALGO moved close to one-week lows on the news. Avalanche (AVAX) AVAX moved...
Bitcoin, Ethereum Technical Analysis: BTC Prices Stall, Heading Into Weekend
10.6.2022
Bitcoin prices were mainly unchanged early in Friday’s session, as traders prepared for the weekend. Following a strong start to the week, crypto prices have mostly consolidated in recent days. ETH was once again trading close to support at $1,750. Bitcoin Following a strong start to...
Bitcoin derivatives data forecasts sub-$30K BTC price heading into Friday’s $800M options expiry
9.6.2022
Bulls placed too much hope on $32,000 flipping to support, an error that is bound to show by Friday’s $800 million BTC options expiry
Bitcoin, Ethereum Technical Analysis: ETH, BTC Slightly Lower Ahead of Friday’s US Inflation Report
9.6.2022
BTC was fighting to stay above $30,000 on Thursday, as markets prepare for the release of U.S. inflation data on Friday. Crypto prices mainly consolidated in today’s session, whilst ETH marginally slipped, falling below $1,800. Bitcoin Bitcoin was attempting to stay above $30,000...
Citigroup CEO: Europe More Likely to Head Into Recession Than US
7.6.2022
Citigroup CEO Jane Fraser warns that a recession is more likely in Europe than in the U.S. Nonetheless, she stressed that it is not easy for the U.S. to avoid a recession. Citigroup’s CEO on Global Recession Citigroup CEO Jane Fraser warned about the health of the global economy Friday...
US Regulator: Investors Reported Losing Over $1 Billion in Crypto to Scams Since 2021
5.6.2022
The U.S. Federal Trade Commission (FTC) has revealed that more than 46,000 people have reported losing over $1 billion in cryptocurrency to scams since the beginning of last year. FTC Says Scammers Stole Over $1 Billion in Crypto The U.S. Federal Trade Commission published a “Data...
Biggest Movers: WAVES up Over 120% in the Last Week, XLM Moves Towards 3-Week High
3.6.2022
WAVES was once again higher on Friday, with prices now gaining by over 120% in the last seven days. While WAVES soared, XLM also had a stellar showing, as it moved closer to a three-week high on Friday. WAVES While crypto markets have been either falling or consolidating over the past week, WAVES...
Bitcoin, Ethereum Technical Analysis: BTC Gains Prior to NFP Report, Following a Cross of Moving Averages
3.6.2022
Bitcoin was once again trading above $30,000, as markets were anticipating the release of May’s non-farm payrolls report. Whilst BTC was back in the green, ETH continued to trade lower, and as of writing is below $1,800. Bitcoin Following a drop in price on Thursday, BTC was back in...
$32K Bitcoin price could turn the tides in Friday’s $160M BTC options expiry
2.6.2022
BTC price lost the momentum that pushed it to $32,300 on May 31, but this week’s option expiry could help bulls recapture the key price level
Binance Obtains Regulatory Approval to Offer Crypto Products in Italy
30.5.2022
Crypto exchange Binance has received regulatory approval from Italy’s financial regulator to operate as a cryptocurrency service provider in the country. “Clear and effective regulation is essential for mainstream adoption of cryptocurrencies,” said Binance CEO Changpeng Zhao....
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $29,000 to Start the Weekend
28.5.2022
Bitcoin bears re-entered the marketplace on Saturday, as prices moved closer to a multi-week low to start the weekend. BTC once again fell below $29,000, whilst ETH continues to move lower, and now hovers around $1,750. Bitcoin Following a brief rebound on Friday, BTC once again moved lower, with...
Elon Musk Says Spacex Will Soon Accept Dogecoin for Merchandise — Starlink Subscriptions Could Follow
28.5.2022
Spacex and Tesla CEO Elon Musk says that dogecoin will soon be accepted at Spacex for merchandise, in the same way Tesla is accepting DOGE payments. Furthermore, Starlink subscriptions may also be paid with dogecoin “one day.” Spacex to Soon Accept Dogecoin for Merchandise Dogecoin...
Biggest Movers: DOT Rebounds Following Recent Losses, as RUNE Moves Toward Multi-Week Low
27.5.2022
Following two consecutive sessions of declines, DOT saw its price rebound on Friday, as it moved away from a multi-week low. While DOT rose away from these lows, RUNE dropped, with the token falling towards them. Prices of RUNE are down by over 10% as of writing. Polkadot (DOT) DOT was a notable...
Bitcoin, Ethereum Technical Analysis: ETH Selloff Intensifies Heading Into the Weekend
27.5.2022
ETH was trading lower for a third straight session on Friday, as prices neared an 11-month low. This comes whilst the overall cryptocurrency market cap was down almost 1% as of writing. Bitcoin was slightly higher despite today’s increased volatility. Bitcoin Bitcoin marginally rose during...
Ethereum price dips below the $1.8K support as bears prepare for Friday’s $1B options expiry
26.5.2022
Looming macroeconomic concerns and this week’s $1B ETH options expiry threaten to pin Ethereum price under the $1,800 support
Bitcoin creeps toward $30K, but data shows bears in favor for Friday’s $1.8B BTC options expiry
25.5.2022
Traders are calling for a “relief rally” to $35,000, but derivatives data shows bears stand to profit from this week’s $1.81 billion BTC options expiry
Biggest Movers: SOL Slips Again as ATOM Drops 10% to Start the Weekend
21.5.2022
SOL was trading lower to start the weekend, as prices slipped on Saturday. This comes as bears re-entered the market following a week of consolidation. ATOM was one of the biggest movers, falling by 10%. Cosmos (ATOM) After climbing by over 15% on Friday, ATOM was one of the biggest losers...
Bitcoin, Ethereum Technical Analysis: ETH Back Below $2,000 to Start the Weekend
21.5.2022
ETH started the weekend trading below $2,000 as the price consolidation in crypto continued. Bitcoin is also trading lower during Saturday’s session, with the world’s largest cryptocurrency once again falling under $30,000. Bitcoin Following marginal gains above the $30,000 level...
Biggest Movers: Cosmos Climbs 15%, as AAVE Nears a 10-Day High
20.5.2022
ATOM was trading over 15% higher on Friday, as prices rose for a second consecutive session. Today’s rise took ATOM to its highest point since the start of the week, and comes as AAVE neared a 10-day high. Cosmos (ATOM) ATOM was one of the biggest movers in Friday’s session, as price...