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Bitcoin extends decline below $42K ahead of fresh Fed comments on inflation
17.2.2022
Short-term Bitcoin price action looks unappetizing thanks to a macro cocktail of downward triggers
Technical Analysis: Flow Moves Higher, as SHIB Climbs 12%
9.2.2022
Following a 12% decline yesterday, shiba inu (SHIB) rose by that same percentage today, as bulls once again boarded the rocket ship. This comes as prices of FLOW were also higher during the session. Biggest gainers Price movement in SHIB continues to be volatile, with the meme coin rising by...
Bitcoin, Ethereum Technical Analysis: Bitcoin Consolidates After Yesterday’s Rally
2.2.2022
Hump-day provided a hurdle for cryptocurrency prices, which mainly consolidated, after a strong start to February. Bitcoin and ethereum were both trading lower during today’s session. Bitcoin BTC/USD followed up yesterday’s rally with a weak showing on Wednesday, falling by as much...
Technical Analysis: Terra Luna Drops 20%, While Symbol Token Climbs on Friday
28.1.2022
Terra (Luna) was one of this week’s biggest crypto losers, falling by as much as 20% during Friday’s session. Declines in terra came as cosmos (ATOM) also had a double-digit decline. Biggest gainers Although crypto markets were mainly trading in the red, symbol (XYM) was one of...
Technical Analysis: DAI Overtakes Cosmos, as Warner Deal Sends the Sandbox Higher
27.1.2022
The price of cosmos (ATOM) continued to decline on Thursday, while sandbox rallied following its partnership with Warner Music Group. Overall, crypto prices were trading 3% lower in today’s session, after yesterday’s FOMC announcement. Biggest gainers The token sandbox (SAND) was...
Bitcoin and Ethereum Extend Post-Fed Decline, Altcoins Trim Gains
27.1.2022
Bitcoin price attempted a close above the USD 38,000 resistance zone. BTC failed to gain strength after the Fed statements, resulting in a fresh decline below the USD 37,000 level. It is currently (04:17 UTC) trading below USD 36,000 and showing bearish signs.
Similarly, most major altcoins...
Technical Analysis: Cosmos Decline Continues, as Polygon Surges
26.1.2022
Ahead of Wednesday’s FOMC meeting, cryptocurrency markets were once again trading higher, with polygon (MATIC) being one of today’s biggest gainers. Despite the top 20 mainly trending upward, some in this list were mainly lower during the course of the session. Biggest Gainers Polygon...
El Salvador Buys 410 Bitcoins as BTC Plunges to Lowest Level in Months
23.1.2022
El Salvador bought the dip as the price of bitcoin plunged to a record low. President Nayib Bukele said Friday that his country has purchased 410 more bitcoins. The Salvadoran government has bought a total of 1,801 bitcoins since the cryptocurrency was made legal tender in the country. El Salvador...
Bitcoin Dips Below $40,000 During Sell-Off; Is It Final Decline Before Reversing?
21.1.2022
Bitcoin has been down more than 5% in the last 24 hours. One of the possible reasons for this downfall might be the US Security and Exchange Commission rejected the filing of a Bitcoin Exchange-traded fund by SkyBridge and First Trust Advisors. It was founded by Anthony Scaramucci. This Bitcoin...
Bitcoin and Ethereum Extend Decline, ADA Rallies Further
18.1.2022
Bitcoin price remained in a bearish zone below the USD 43,000 level. BTC extended decline below the USD 42,500 and USD 42,000 support levels. It is currently (04:14 UTC) recovering near USD 42,100, but upsides might be limited.
Similarly, most major altcoins are also corrected lower. ETH traded...
Bitcoin, Ethereum, Monero Hashrates Tap Lifetime Highs — Dash, ETC, LTC Hashpower Lower Than Prior ATHs
17.1.2022
During the first month of 2022, both Bitcoin and Ethereum’s hashrates have climbed to all-time highs (ATHs). While Bitcoin’s hashpower surged to over 200 exahash per second (EH/s), Ethereum’s hashpower jumped to over 1 petahash per second (PH/s). A few mineable digital asset...
Business Advisory Firm Expects Criminal Cryptocurrency Transactions to Fall by 30% by 2024
17.1.2022
Gartner, an advisory firm, has predicted that criminal cryptocurrency transactions or transfers will fall by 30% by 2024. The firm says factors such as the transparency of the blockchain, as well as the democratization of fraud prevention tools, will contribute to this decline in such transactions....
Bitcoin payments decline as other cryptocurrencies grow
17.1.2022
In 2021, Bitcoin's usage by merchants that use BitPay fell to about 65%, down from 92% in 2020
Bitcoin and Ethereum Extend Decline, Dogecoin Rises
14.1.2022
Bitcoin price started a downside correction from USD 44,000. BTC traded below the USD 43,200 and USD 43,000 support levels. It is currently (11:30 UTC) trading below USD 42,500 and there is a risk of further downsides.
Similarly, most major altcoins are extending losses. ETH traded below the...
Bitcoin and Ethereum Extend Decline, Dogecoin Rises
14.1.2022
Bitcoin price started a downside correction from USD 44,000. BTC traded below the USD 43,200 and USD 43,000 support levels. It is currently (11:30 UTC) trading below USD 42,500 and there is a risk of further downsides.
Similarly, most major altcoins are extending losses. ETH traded below the...
Bitcoin, Ethereum, and Altcoins Extend Decline
6.1.2022
Bitcoin price failed to recover and extended decline below USD 45,000. BTC even broke the USD 44,000 and USD 43,500 levels. It is currently (12:26 PM UTC) down 7% and is trading near USD 42,800.
Similarly, most major altcoins declined heavily. ETH traded below the USD 3,550 and USD 3,400...
Global Central Bank Gold Holdings Rose to 36,000 Tons in 2021, Increase Attributed to Dollar’s Decline
5.1.2022
The total quantity of gold held in reserves by central banks topped 36,000 tons for the first time since 1990, data from World Gold Council has shown. This increase follows growth in the banks’ reported holdings of the asset by 4,500 tons over the past decade. Dollar’s Decline a Boon...
Bitcoin and Ethereum Extend Decline, BTT and MIOTA Rally
29.12.2021
Bitcoin price remained in a bearish zone below the USD 50,000 level. BTC extended decline below the USD 47,500 level before recovering higher. It is currently (04:19 UTC) trading near USD 48,000 and remains at a risk of more downsides.
Similarly, most major altcoins gained bearish momentum....
Bitcoin and Ethereum Decline, MATIC and LUNA Rally
2.12.2021
After touching USD 59,000, bitcoin price failed to continue higher and dived below USD 56,000. It is currently (04:19 UTC) trying to recover towards USD 56,500.
Besides, most major altcoins are also trying to recover losses. ETH is down 5% and there was a break below the USD 4,550 support zone....
Bitcoin and Ethereum Resume Decline, AVAX Flips DOGE
22.11.2021
Bitcoin price attempted a fresh increase above the USD 60,000 level. However, BTC failed to gain pace and started a fresh decline below USD 58,500, dropping 3% in a day. It is currently (04:32 UTC) trading below USD 57,500 and there could be more downsides in the short-term....
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