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Bitcoin Price Outlook for May
15.5.2023
Midway through May and bitcoin has mostly fallen lower, as markets digested several key pieces of economic data. The headline was another rate hike by the Federal Reserve, which came as U.S. non-farm payrolls rose marginally higher than expected. Heading into the last fortnight of the month, could...
Bitcoin, Ethereum Technical Analysis: BTC Rebounds From 2-Month Low, Climbing Back Above $27,000
15.5.2023
Bitcoin was back in the green on Monday, as prices climbed back above the $27,000 level to start the week. Prices slipped to a two-month low over the weekend, however momentum has marginally shifted. Ethereum was also higher today. Bitcoin Bitcoin (BTC) jumped back above the $27,000 level to start...
Ether Holders Embrace Near Month-Long Wait for Staking ETH
15.5.2023
Demand for staking ether has surged, resulting in wait times of over a month for a 5% annualized yield as of Monday
Bitcoin, Ethereum Technical Analysis: BTC Rebounds From 2-Month Low, as Bulls Enter the Market
13.5.2023
Bitcoin bounced back from a near two-month low on Saturday, as bulls moved in to buy the recent dip in price. Saturday’s move came as the cryptocurrency rebounded from a recent support point, after yesterday’s breakout. Ethereum was also higher, climbing above $1,800. Bitcoin Bitcoin...
Biggest Movers: SHIB, DOGE Near Multi-Month Lows, as Musk Finds New Twitter CEO
12.5.2023
Shiba inu moved close to a five-month low on Friday, as meme coins reacted to news that Elon Musk has found a new Twitter CEO. Musk tweeted, “Excited to announce that I’ve hired a new CEO for X/Twitter. She will be starting in ~6 weeks.” Dogecoin neared a two-month low today. Shiba Inu (SHIB) Shiba...
First Mover Americas: Bitcoin Falls to 2-Month Low
12.5.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for May 12, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin enters $26K 'bearadise' as BTC price approaches 2-month lows
12.5.2023
BTC price action is now retesting its key 200-week moving average after a holding it as support since March
Bitcoin Prices Slip to 2-Month Lows As CoinDesk’s Bitcoin Trend Indicator Turns Neutral From Bullish
12.5.2023
Prices fell to $26,160 soon before press time, reaching the lowest since March 17
Decentralized Exchange Uniswap Trading Volume Outpaces Coinbase for 4th Consecutive Month
11.5.2023
Uniswap, the decentralized exchange, outpaced centralized exchange Coinbase in April
Ethereum Price Prediction as Meme Coin Mania Pushes Gas Fees to 12 Month High – Is ETH Adoption on the Rise?
10.5.2023
Ether (ETH), the cryptocurrency that powers the smart-contract-enabled Ethereum blockchain, was last up a little over 1.0% on Wednesday in the $1,870 area.
The cryptocurrency derived a small intra-day boost from US Consumer Price Index inflation data that came in broadly in line with expectations...
Biggest Movers: TRON Nears Crypto Top 10, as MATIC Extends Declines
10.5.2023
Tron moved closer to being in the cryptocurrency top 10 on Wednesday, as the token rose for a second straight day. Prices climbed by nearly 2% in today’s session, despite the global market cap moving marginally lower. Polygon, which currently occupies the tenth position, fell to a five-month...
Bitcoin, Ethereum Technical Analysis: BTC Hovers Near Key Price Floor, Ahead of US Inflation Report
10.5.2023
Bitcoin was hovering close to a key price floor near $27,300 on Wednesday, as markets anticipated the upcoming U.S. inflation report. Consumer prices for last month are expected to remain at 5%, which could be seen as justifying the Federal Reserve’s decision to hike rates last week....
Does Bitcoin price risk losing $28K with BTC futures premium at 2-month lows?
8.5.2023
Professional Bitcoin traders are favoring sideways price action as BTC futures premium drops and the options delta skew nears 0%
Digital Assets for 1 Billion Rubles Issued in Russia in a Month
7.5.2023
Platforms authorized by the Russian government issued digital assets worth around a billion rubles in April, the local press reported. The spike in the volume has been attributed to Russian companies experimenting with new financial instruments amid limited access to traditional capital. Russia’s...
Bitcoin Price Prediction as BTC Turns Green for The Month – Is the Bear Market Over?
6.5.2023
As Bitcoin (BTC) turns green for the month, investors and traders are speculating whether the bear market is finally over.
In this price prediction, we will explore Bitcoin price predictions and analyze the factors driving the recent positive momentum, assessing if this marks the end of...
Exploring the Crypto World: Join the CoinEx Pizza Month for Multiple Giveaway Events
5.5.2023
PRESS RELEASE. As Bitcoin becomes an increasingly popular payment option, we can now use BTC for quick ordering and online shopping in many countries/regions. You can even buy a car with BTC in some places. None of this would be possible without Laszlo Hanyecz, a Bitcoin pioneer who bought...
Ethereum's Median Gas Fee Surges to 12-Month High as PEPE Frenzy Grips Market
5.5.2023
Users pay the fees, measured in fractions of ether known as GWEI, to execute transactions on the smart contract blockchain
Russia Projected to Start Purchasing Chinese Yuan for Its Foreign Reserves as Soon as May
4.5.2023
Russia will start to purchase Chinese yuan for its international reserves as soon as this month, according to reports from Russian economists. While analysts state that the purchases will be small and symbolic in the beginning, these will supposedly demonstrate a turnaround in the economy of...
Gold, Silver, and Crypto Prices Surge After Federal Reserve’s Quarter-Point Increase
4.5.2023
Following a quarter-point increase in the federal funds rate by the Federal Reserve on Wednesday, precious metals such as silver and gold experienced a surge in value against the U.S. dollar, with gains ranging from 0.87% to 1.18%. Gold, in particular, has been on an upward trajectory, having risen...
Terra Luna Classic Price Prediction as LUNC Threatens Fall to Nine-month Lows – Here's Where LUNC is Heading Now
3.5.2023
Despite Binance’s latest monthly burn of over $150,000 worth of LUNC tokens and the recent hiring of a new, highly experienced Senior Cosmos developer to the layer-1 blockchain task force team, Luna Classic (LUNC) is threatening a breakout to fresh nine-month lows.
As a result, price predictions...