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Bitcoin Nears USD 53K, Ethereum Stable, SOL Rallies
7.9.2021
itive zone. ETH is holding gains above USD 3,900, but it is still struggling near USD 4,000. XRP rallied further above USD 1.40 before it faced sellers. ADA corrected lower after it failed to clear US
Bitcoin price turns to test lower support levels as $50K stays out of reach
31.8.2021
It's a frustratingly sideways market for Bitcoin bulls as August ends and September, which is typically a boring month for BTC price, looms
Dex Aggregator 1inch to Utilize Ethereum Scaling Solution Optimism
19.8.2021
On August 17, the decentralized exchange (dex) aggregator 1inch announced the platform will leverage the Layer 2 solution called optimistic rollups provided by the project Optimism. The collaboration with Optimism aims to “substantially increase transaction speeds and lower gas fees for 1inch...
Bitcoin, Ethereum Struggle To Hold Key Supports, Altcoins Slide Lower
18.8.2021
Bitcoin price failed to stay in a positive territory above the USD 45,500 support. BTC is slowly inching lower and it is currently (11:45 UTC) struggling to stay above USD 45,000. If it extends its decline below USD 45,000 and USD 44,500, there could be a sharp decline towards...
Bitcoin, Ethereum and Altcoins Correct Lower
18.8.2021
Bitcoin price started a steady decline from the USD 48,000 resistance. BTC traded below the USD 46,500 and USD 45,500 support levels. It is currently (04:00 UTC) down over 3% and it might continue to trend down towards USD 44,200.
Likewise, most major altcoins are correcting gains. ETH traded below...
Axie Infinity Token Climbed 56% This Week, AXS Joins Top 50 Most Valuable Crypto Projects
16.8.2021
The price of the axie infinity tokens otherwise known as “shards,” has continued to skyrocket in value capturing fresh new price highs. The asset is changing hands for 10% lower than the all-time high (ATH) captured five days ago reaching $75.73 per unit. Axie infinity’s market...
Ukrainians to Trade and Spend Cryptocurrencies Legally, Digital Ministry Says
8.8.2021
Residents of Ukraine will be able to legally keep, exchange, and spend cryptocurrencies once the new virtual assets law is adopted. The legislation will comprehensively regulate the crypto space, possibly lower taxes for Ukrainians and create conditions for new services, a government official...
Bitcoin and Ethereum Struggle, Altcoins Correct Lower
3.8.2021
Bitcoin price settled well below the USD 40,000 pivot level. BTC even broke the USD 39,200 support level and extended its decline. It is currently (04:26 UTC) showing bearish signs and it could continue lower below USD 38,000.
Similarly, most major altcoins are struggling to gain traction....
Altcoins pump while traders anticipate a lower support test from Bitcoin
29.7.2021
RUNE, QNT and PERP continue to gather strength even as analysts expect a lower support test for Bitcoin price
Bitcoin fails to flip $40K with traders eyeing $36K or lower for support
28.7.2021
A welcome retracement should involve a bounce at a minimum of $32,500, forecasts assume after heavy resistance hits BTC/USD
Just HODL! Bitcoin and Ethereum outperform ‘lower risk’ crypto index funds
24.7.2021
Data from Delphi Digital shows holding BTC and ETH was more profitable than investing in weighted average market cap crypto and DeFi index funds
XRP Corrects to Breach 21-DMA Despite Good Buying from Lower Levels
23.7.2021
XRP’s price momentum is looming in a negative trend and despite its pullback from the recently made low of $0.51. The pullback has helped XRP scale about 20% but for bullish sentiment to return in this cryptocurrency XRP needs to cross the 21 DMA line. At current it is again facing some resistance...
New York Fed Survey Shows Inflation Expectations Highest Ever Recorded
13.7.2021
American inflation expectations have surged according to the results of the latest New York Federal Reserve Survey of Consumer Expectations. The presumed inflation rate tapped the highest point since 2013 and alongside the forecast of lower purchasing power, consumer debt and fears of a housing...
Asset Manager Guggenheim Lowers Bitcoin’s ‘Real Bottom’ Price Prediction
12.7.2021
Guggenheim CIO Scott Minerd has made another prediction about where the price of bitcoin will be, a lower estimate from his previous “real bottom” price prediction. The chief investment officer (CIO) of Guggenheim Partners, Scott Minerd, returned last week with another bearish...
Dogecoin (DOGE) Takes Support from Lower Levels!
29.6.2021
Dogecoin or Memcoin has been one of the most talked-about cryptocurrencies in 2021. After making a substantial up move in 2021, the second-half rally, or after May, has been subdued by numerous factors such as decreasing valuations. The negative trend in the overall crypto market pushed DOGE from...
DigiByte (DGB) Taking Support From Lower Levels
28.6.2021
DigiByte (DGB) was originally put forward in 2013 and began offering its services in 2014. In the last seven years, the blockchain network and its security have improved by a considerable margin. It uses five cryptographic algorithms and real-time difficulty adjustments to control malicious mining...
Oracle Vinny Lingham Still Envisions $100K This Year if Bitcoin ‘Continues to Hold $30K’
28.6.2021
The former CEO of Gyft and the cofounder of the project Civic, Vinny Lingham has been called an ‘oracle’ at times for correctly predicting the future price of bitcoin. On various occasions all the way back to 2016, Lingham has made correct bitcoin price calls over the years. Even though...
CME Group’s Micro Bitcoin Futures Reach 1 Million Contracts Traded
27.6.2021
CME Group’s(Chicago Mercantile Exchange) micro-bitcoin futures have already traded more than one million contracts. This instrument allows institutions and retail traders to invest in the crypto asset at a lower price point of 0.1 bitcoin. The contract has only been available for seven weeks...
Despite BTC’s Price Drop, Bitcoin Held on Exchanges Is 28% Lower Than Last Year
27.6.2021
While the price of bitcoin is more than 40% lower than it was 90 days ago on March 29, the number of bitcoin held on exchanges has also been reduced. Last year on the same day in June, 2.79 million bitcoin was retained on crypto trading platforms and a year later roughly 28.67% of the […]
Chinese Mining Exodus Leads to ASIC and GPU Second-Market Surplus and Lower Prices
24.6.2021
While bitcoin miners in China have been scrambling, second-hand markets offering cryptocurrency mining rigs from ASICs to GPUs have been exploding with an excess surplus. Additionally, the ASIC manufacturer Bitmain suspended machine sales on Wednesday, ceasing international spot deliveries....