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Bitcoin, Ethereum Technical Analysis: BTC Back Above $20,000, USD Hits 2-Week Low
4.10.2022
Bitcoin was back above $20,000 on Tuesday, as the U.S. dollar fell to its lowest point in two weeks versus several G7 currencies. The stronger dollar has impacted purchasing power in cryptocurrencies, and commodities like crude oil, which last week fell to a nine-month low. Ethereum was also...
‘Prohibitive’ Global Crypto Capital Norms Could ‘Derail’ Market, TradFi Groups Say
4.10.2022
Banks want to see caps on bitcoin holdings increased fivefold under planned global standards
Ether exchange netflow highlights behavioral pattern of ETH whales
4.10.2022
The Ethereum netflow chart shows that the spike in exchange flows has often come at a time when the price of ETH was trading at a short-term/long-term low
Report: UK Gold Dealer Sold Out of Bullion After Pound’s Record Fall Causes Demand to Skyrocket
4.10.2022
The United Kingdom-based gold dealer, Ash Kundra, has claimed that he recently ran out of gold coins and bars after the demand for the precious metal skyrocketed. The pound’s plunge to a record low versus the dollar, as well as the turmoil in financial markets, is said to be the cause of...
Bitcoin Price and Ethereum Aim Higher, MKR and RUNE Rally
4.10.2022
Bitcoin price is slowly moving higher above $19,500. BTC is currently (04:10 UTC) facing resistance near 19,650. A clear move above the $19,650 and $20,000 resistance levels might open the doors for a steady increase.
Similarly, most major altcoins are eyeing a steady increase. ETH could gain pace...
US Treasury recommends lawmakers decide which regulators will oversee crypto spot market
3.10.2022
“The report recommends the passage of legislation in providing a rulemaking authority for federal financial regulators over this market,” said economist Jonathan Rose
Market Wrap: Bitcoin and Ether Kick Off Week in Positive Territory
3.10.2022
“Whale” investors moved a large volume of bitcoin off exchanges. The trend is often a bullish signal, suggesting investors are more interested in holding their bitcoin. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
A crumbling stock market could create profitable opportunities for Bitcoin traders
3.10.2022
U.S. tech giants are set to report their second quarter earnings throughout October, presenting a scenario that could possibly benefit Bitcoin
US Risk Watchdog Asks Congress to Name Crypto Spot Market Regulator
3.10.2022
The top U.S. financial regulators are warning of dangerous holes in the oversight of crypto and are asking Congress for more powers, including settling which agency will oversee the bulk of trading in bitcoins and other non-security tokens
Upside capped at $980B total crypto market, according to derivatives metrics
3.10.2022
A bearish formation in the total market capitalization chart has been gaining strength after two failures to break its resistance level
OpenSea Generated $144 Million in Q3 Despite NFT Market Lull
3.10.2022
Despite the ongoing market downturn, non-fungible token (NFT) marketplace OpenSea has managed to report some $144.5 million in fees for the third quarter of this year.
Between July and September 2022, the business posted revenues of some $35 million, as indicated by figures released by crypto...
XRP price could rally by 50% based off comments from a former SEC director
3.10.2022
XRP investors are hopeful that a potential court victory against the SEC could send the altcoin price at least 50% higher
Bitcoin Trading Volume Picking Up Again – End of Bear Market?
3.10.2022
Bitcoin’s trading volume has steadily expanded since mid-June while the trading volumes of other top capital assets have declined, indicating that the leading crypto could be increasingly considered a “safe haven” for traders fleeing other asset categories, according to a recent analysis...
Biggest Movers: UNI Rebounds From Recent Losses on Monday
3.10.2022
Uniswap was back in the green on Monday, as the token rebounded from two days of consecutive declines. The move saw prices climb towards a resistance level of $6.70, which has been in place since late August. Maker was also in the green, climbing by nearly 5% in today’s session. Uniswap...
Coin Race: Top Winners/Losers of September and Q3 – Is a New Bull Market Starting?
3.10.2022
September is over and fall is here, and the crypto market looks like it’s preparing for a long winter. As always when we enter a new month, we take a look back to see how things have gone over the past month, and this time also the past quarter....
Read More: Coin Race: Top Winners/Losers...
What remains in the NFT market now that the dust has settled?
3.10.2022
From profile pictures to celebrity endorsements, NFT space has changed a lot since the market boom in 2021
Bitcoin, Ethereum Technical Analysis: BTC, ETH Marginally Higher as USD Weakens on Monday
3.10.2022
Following a red start to October, crypto prices moved marginally higher during Monday’s session. After a brief stint below $19,000 on Sunday, bitcoin rose back above this point, as the U.S. dollar began to weaken against other G7 currencies. Ethereum was also in the green, momentarily moving...
Citi Says Decentralized Crypto Exchanges Are Gaining Market Share From Centralized Peers
3.10.2022
Increased crypto regulation could drive users to decentralized platforms, the bank said
Bitcoin Price and Ethereum Could Make a Sustained Move Higher
3.10.2022
Bitcoin price remained in a range above the $18,900 level. BTC is currently (11:10 UTC) eyeing an upside break above $19,300. If there is a close above $19,300 and $19,500, there could be a sustained move higher.
Similarly, most major altcoins are eyeing an upside break. ETH is struggling to clear...
Expert Trader Peter Brandt Says 50% Chance Bitcoin Can Go to Zero
3.10.2022
Veteran trader and technical analyst Peter Brandt reiterated that the price of bitcoin (BTC) has a 50% chance to drop to $0 – also noting that the world’s number one crypto has an “asymmetrical reward-to-risk trade.”
Brandt stated that, for more than four years now, he has been saying that BTC...