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Bitcoin Drops Below USD 36K, Ethereum Down 9%, Altcoins Keep Sliding
6.5.2022
Bitcoin price started a strong decline below the USD 40,000 resistance zone and settled below the USD 37,500 level to move into a bearish zone. It is currently (11:49 UTC) down almost 10% and is trading near USD 35,800.
Similarly, most major altcoins are gaining bearish momentum. ETH broke...
Bitcoin Extends Sell-Off Despite Luna Buying, Strong On-Chain Data
6.5.2022
Bitcoin (BTC) and other major cryptoassets fell sharply over the past day, as stock markets around the world reversed earlier gains to losses after the US Federal Reserve (Fed) raised rates by 50 basis points. The sharp fall came despite massive bitcoin buying by Luna Foundation Guard...
Bitcoin and Ethereum Nosedive, All Top 100 Coins in Red
6.5.2022
Bitcoin price failed to continue higher above the USD 40,000 resistance zone and started a fresh decline below the USD 38,500 support. BTC is down 8% in a day and is currently (04:01 UTC) consolidating near USD 36,500. It is also down 8% in a week....
Read More: Bitcoin and Ethereum Nosedive...
Making Sense of the Noise is Necessary for Crypto Adoption
6.5.2022
Marco De Rossi, President and Co-Founder of HAL.xyz, a blockchain data listening and automation platform.__________
Cryptocurrency is strong on self-sovereignty with the term “not your keys, not your coin” a popular maxim when talking about crypto ownership. While owning your private keys...
Descending channel pattern and weak futures data continue to constrain Ethereum price
5.5.2022
ETH derivatives metrics and technical analysis point toward further downside for Ethereum price
Biggest Movers: ETC Climbs to 1-Week High, as AXS Moves Away From 10-Month Low
5.5.2022
During a volatile day of trading, ethereum classic rose to a one-week high earlier in the session, before falling victim to a red wave. AXS also rose today, climbing by over 12% in the day, however, a bearish wave pushed prices lower as the day progressed. Ethereum Classic (ETC) ETC climbed to...
IMF Not Happy About Bitcoin Again, DEX Hack, Starbucks' NFTs + More News
5.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: IMF Not Happy About Bitcoin Again, DEX Hack, Starbucks' NFTs + More News
Bitcoin, Ethereum Technical Analysis: BTC Heads Towards $40,000 Following FOMC
5.5.2022
Bitcoin moved closer to $40,000 during Thursday’s session, as traders continued to react to yesterday’s Fed rate hike. The FOMC opted to increase interest rates by 0.5% during May’s meeting, which is the largest hike in over twenty years. Bitcoin Bitcoin rose for a second...
Avalanche rebounds 25% in five days as AVAX price tests key level — big rally ahead?
5.5.2022
Crypto market correlation and Valkyrie's Avalanche fund launch also helped push AVAX to a weekly high
Renowned Luxury Brand Gucci to Accept Bitcoin, Ethereum Payments in the US
5.5.2022
Italian luxury brand Gucci will accept crypto payments across five flagship stores in the US by the end of the month and aims to expand the pilot to include all of its directly-operated stores in North America by this summer....
Read More: Renowned Luxury Brand Gucci to Accept Bitcoin, Ethereum...
Bitcoin and Ethereum Consolidate, WAVES and ZIL Outperform
5.5.2022
Bitcoin price climbed above the USD 39,500 resistance level and tested the USD 40,000 resistance, where it faced sellers. It is currently (11:49 UTC) consolidating gains near USD 39,500 and is up 1% in a day and a week.
Similarly, most major altcoins are consolidating gains. ETH struggled above...
Ethereum Needs to Pass These Three Tests Before Migrating to PoS
5.5.2022
The path to fully transitioning from the current Ethereum (ETH) Mainnet to the beacon chain proof-of-stake (PoS) system, a process also referred to as The Merge, is now clearly in sight, according to Ethereum core developer Tim Beiko.
In a recent blog post, Beiko detailed the steps that need...
Bitcoin and Ethereum Accelerate, ADA, SOL, and More Altcoins Rally
5.5.2022
Bitcoin price was able to clear the USD 39,200 resistance level and even tested the USD 40,000 resistance. It is currently (04:08 UTC) consolidating gains above USD 39,700 and might test USD 40,000 again. BTC is up over 4% in a day and 1% in a week.
Similarly, most major altcoins are also...
World’s Largest Family-Owned Private Bank Now Offers Crypto Investments via SEBA Bank
5.5.2022
On Wednesday, the world’s largest family-owned banking institution, LGT Bank, announced that it has selected SEBA Bank in order to provide cryptocurrency custody and brokerage services to clients. LGT will start by offering investments in bitcoin and ethereum and the bank’s customers...
Apecoin Integrates With Polygon, DAO Board Member Says Native APE Chain Was Never Discussed
4.5.2022
Following one of the largest non-fungible token (NFT) mints in history and after apecoin transactions from the sale fueled Ethereum network fees, apecoin is now integrated with the Polygon (MATIC) network. On May 2, the Apecoin project announced that with Polygon support, APE is now available...
Fed Targets Inflation With Expected Half Point Hike, Will Reduce Assets
4.5.2022
The US Federal Reserve (Fed) raised interest rates by 0.5 percentage points, to 0.75%-1%, in line with what analysts expected and what Fed Chair Jerome Powell has previously communicated. (This is a developing story and is being updated.)...
Read More: Fed Targets Inflation With Expected Half...
Price analysis 5/4: BTC, ETH, BNB, SOL, XRP, LUNA, ADA, DOGE, AVAX, DOT
4.5.2022
Bitcoin and most altcoins could remain volatile in the short-term due to the Fed’s decision, warranting caution from traders
Another Banking Giant Enters Bitcoin & Ethereum, Suspicious 'Smaller Cryptos,' Coinbase Ends Brazilian M&A Talks + More News
4.5.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: Another Banking Giant Enters Bitcoin & Ethereum, Suspicious 'Smaller Cryptos,' Coinbase Ends Brazilian M&A Talks...
Bitcoin Funds Sees Largest Weekly Outflows in a Year, ‘Hawkish Rhetoric’ to Blame
4.5.2022
Investment funds backed by bitcoin (BTC) last week saw their largest outflows for a single week since June of 2021, with USD 132.7m being withdrawn by investors, according to data from the crypto investment and research firm CoinShares....
Read More: Bitcoin Funds Sees Largest Weekly Outflows...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Marginally Higher Ahead of Today’s Rate Decision
4.5.2022
Bitcoin was trading marginally higher on Wednesday, as crypto markets returned to the green ahead of the Fed meeting. ETH also rebounded in today’s session, moving away from its long-term support level in the process. Bitcoin BTC was trading higher on Wednesday, as bulls re-entered...