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Bitcoin, Ethereum Technical Analysis: ETH Remains Close to 6-Week Low to Start the Weekend
7.5.2022
Following a recent string of declines, ETH continued to hover close to a six-week low to start the weekend. BTC was also lower on Saturday, as the world’s largest cryptocurrency remained closer to a two-month low. Bitcoin BTC was once again trading lower on Saturday, as prices were battling...
3 Stablecoins Command Positions in the Crypto Economy’s Top 10, Another Fiat-Pegged Token Is Close to Joining
7.5.2022
The last five weeks has been brutal for digital currencies as more than 21% has been shaved off the crypto economy’s fiat value since March 27. While all the crypto assets combined shed roughly 0.8% in the last 24 hours, bitcoin has lost 9.4% since last week and seven day statistics show...
Controlling 17% of BTC hash rate: Report on publicly listed mining firms
6.5.2022
Mining firm Core Scientific’s hash rate leads all public companies with 8.3 EH/s, and it mined 5,769 BTC in 2021
Bitcoin price heads under $36K as three-day losses near 12%
6.5.2022
More pain for both crypto and stocks on May 6 as traders see no hint of a relief rally coming so far
Ethereum hits 3-week high vs. Bitcoin amid Fed-led market rout
6.5.2022
Ether could continue dropping against the U.S. dollar in a high interest-rate environment
Bitcoin, Ethereum Technical Analysis: BTC Falls to 2-Month Low Following the Latest NFP Report
6.5.2022
Bitcoin fell to its lowest level in over two months, as Friday’s non-farm payrolls report showed an addition of 428,000. It was expected that last month’s payrolls would show an increase of 391,000 jobs — lower than March’s figure of 431,000. ETH also fell on the news...
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 Corrects Almost 8%; Will BTC Hit Its Support Near $34K?
6.5.2022
The largest digital currency, Bitcoin, faced the biggest intraday drop of more than 8% to $36,700. On the other hand, Ethereum was also down more than 7%, along with many other cryptocurrencies. It happened due to the tight monetary policy of the US central bank. We think the market needs more...
'Someone is blowing up' — Bitcoin sees 2022 volume record amid hopes capitulation is over
6.5.2022
Does Bitcoin have further to fall? BTC calms after stocks see a situation which has happened only twice this century
Bitcoin Miners Reach the Halfway Point to the Next Block Reward Halving
6.5.2022
On May 5, 2022, at block height 735,000, the bitcoin mining pool Poolin mined the 105,000th block reward since the last halving. The mined block also represents the halfway point to the next halving that is estimated to take place on or around April 27, 2024. Block 735,000 follows the network...
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...
Luna Foundation Acquires $1.4 Billion in Bitcoin, Decentralized Reserve Stash Rises to 80,394 BTC
5.5.2022
According to a report published on Thursday, the Luna Foundation Guard (LFG) explained that it acquired 37,863 bitcoin worth more than $1.4 billion through two over-the-counter deals. The LFG now holds 80,394 bitcoin in its reserves currently worth just under $3 billion using today’s...
Bitcoin price hits 10-week lows as $40K spike becomes 'nasty bull trap'
5.5.2022
A full reversal and then some for BTC means that bulls are coming to terms with months of ground given up
Here’s why blue-chip NFT prices continue to soar nearly a week after the Otherside mint
5.5.2022
Most of the NFT market is in a downtrend, but data shows funds continuing to flow into blue-chip tier projects
Luna Foundation Guard purchases additional 37,863 BTC as part of reserve strategy
5.5.2022
The purchase, totaling roughly $1.5 billion, will be used to further backstop Terra Luna’s algorithmic stablecoin UST
Bitcoin falls toward $38K as stocks abandon Fed 'reactionary rally'
5.5.2022
The S&P 500 and Nasdaq sees substantial losses on the day as Fed-induced gains evaporate
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
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...
Bitcoin trader keeps $40.8K BTC price target amid warning over risk asset 'pain trade'
5.5.2022
What could rile investors more than a capitulation in stocks and crypto is sideways trading "for a long time."