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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...
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...
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...
‘Surprisingly Robust’ Bitcoin Slips Lower as Market Awaits Next Fed Move
3.5.2022
The price of bitcoin (BTC) fluctuated on Tuesday, as market participants took a wait-and-see approach ahead of an expected interest rate announcement by the US Federal Reserve (Fed) on Wednesday. Meanwhile, analysts said bitcoin appears resilient in the face of a negative outlook for risk...
Derivatives, Spot Markets, Dex Swaps — 30 Day Crypto Trade Volumes Slipped Across the Board Last Month
2.5.2022
Digital currency markets have been tumultuous during the past month as bitcoin shed 15.43% and ethereum dropped 17.49% against the U.S. dollar. Moreover, crypto spot volumes are down 18.95% lower than the month prior, and both futures and options volumes were down in April as well. Lower than...
Value Locked in Defi Drops Below $200 Billion, April’s Dex Trade Volume Drops 21% Lower Than March
1.5.2022
While the crypto economy shed billions this week, the total value locked (TVL) in decentralized finance protocols slipped under the $200 billion range to $196.6 billion. The TVL in defi lost roughly 3.16% during the last day, and the $592 billion in smart contract protocol tokens dropped in value...
Bill Regulating Crypto Mining Submitted to Russian Parliament
30.4.2022
A draft law tailored to regulate cryptocurrency mining has been filed with the lower house of Russian parliament, the State Duma. The legislation provides a legal definition for the extraction of digital currencies and envisages the establishment of a register for miners. Russian Lawmakers...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Remain in the Red, to Start the Weekend
30.4.2022
Bitcoin and ethereum were both trading lower to start the weekend, as crypto markets continued to face bearish pressures. The current uncertainty surrounding next week’s Federal Reserve meeting has seen prices consolidate for most of the week, with Saturday being no different. Bitcoin...
Bitcoin Mining Difficulty Nears Another All-Time High while BTC Trends Lower
27.4.2022
Bitcoin (BTC) mining difficulty is set to hit yet another all-time high (ATH) today, less than a month after the previous one, cutting into the decreasing profit margins of miners. ...
Read More: Bitcoin Mining Difficulty Nears Another All-Time High while BTC Trends Lower
Bitcoin, Ethereum Technical Analysis: BTC Slips Below $40,000 yet Again, Following Brief Rebound on Tuesday
27.4.2022
Following a brief rally on Tuesday, BTC once again dropped below the $40,000 level during today’s session. Wednesday’s selloff has seen prices fall by as much as 4%, whilst ETH also declined by the same amount. Bitcoin The world’s largest cryptocurrency moved lower...
Bitcoin and Ethereum Keep Trending Lower, APE and GMT Outperform
25.4.2022
Bitcoin price failed to recover above the USD 40,500 resistance zone and started a fresh decline below USD 40,000. It is currently (04:10 UTC) showing bearish signs near USD 39,250 and might extend losses below the USD 38,800 support zone. BTC is down almost 2% in a day and over 1% in...
Biggest Movers: MATIC Slips on Saturday, RUNE and LUNA Over 5% Lower
23.4.2022
MATIC fell to its long-term support level on Saturday, following a surge in price during Friday’s session. This came as both RUNE and LUNA also dropped, and traded by as much as 5% lower to start the weekend. Polygon (MATIC) During what has been a bearish start to the weekend, MATIC was...
Bitcoin, Ethereum Technical Analysis: BTC Moves Below $40,000 on Saturday
23.4.2022
Bitcoin fell below $40,000 to start the weekend, as crypto markets continued to be submerged by the latest red wave. ETH was also lower on Saturday, and remained in the red for a second consecutive session. Bitcoin BTC dropped below the $40,000 level to start the weekend, following a three-day...
Ethereum's Merge Could Lower Demand for Bitcoin but Regulatory & Technical Challenges Persist
22.4.2022
Ethereum’s (ETH) transition to proof-of-stake (PoS), known as The Merge, will likely lead some current bitcoin (BTC) holders to move part of their capital to ETH, one industry insider argues. Others, meanwhile, say that despite a yield on ETH being attractive, regulatory scrutiny means more...
Bitcoin, Ethereum Technical Analysis: ETH, BTC Down as Prices Fall at Key Resistance Levels
22.4.2022
Following recent back-to-back surges in price, both ETH and BTC were down during Friday’s session. Bitcoin fell by almost 5% today, while ETH was down by a similar figure, with both retreating back towards levels of support. Bitcoin After a strong rebound in prices mid-week,...
Metrics Show Decentralized Exchange Volumes Continue to Slide This Year
22.4.2022
Decentralized exchange (dex) volumes have been dropping since December 2021 according to current statistics. However, last month dex trade volumes spiked 2.37% higher than the volumes recorded in February. Despite the brief spike and with only eight days left in April, metrics show this...
Doge Day Then and Now: Lackluster Buzz as Dogecoin’s Price Is 65% Lower Than Last Year
20.4.2022
While April 20 or 420 is synonymous with cannabis culture, the day is also considered “Doge Day,” by a great number of dogecoin supporters. The day prior on Twitter, the Doge network’s co-founder Billy Markus asked what people should expect on Doge Day and for dogecoin’s...
Makerdao Plans to Integrate Ethereum L2 Solution Starknet to Lower DAI Transaction Costs
20.4.2022
The decentralized finance (defi) project Makerdao has announced its plans to support the zero-knowledge (ZK) rollup solution Starknet in order to make DAI transactions faster and network costs cheaper. Starknet will be integrated into the defi protocol on April 28, 2022, as part...
KuCoin Launches USD 100M NFT Fund to Empower Artists, Lower Barriers for Users
19.4.2022
Major international crypto exchange KuCoin has launched a USD 100m fund to support artists behind early-stage non-fungible token (NFT) projects across a variety of niches....
Read More: KuCoin Launches USD 100M NFT Fund to Empower Artists, Lower Barriers for Users
Bitcoin and Ethereum Keep Trending Lower, Altcoins Increase Losses, DCR Rallies
18.4.2022
Bitcoin price remained in a range below the USD 41,200 resistance zone. BTC is currently (04:27 UTC) moving lower and trading below USD 39,500. If the bears remain in action, the price could drop to USD 39,000. It’s now down almost 3% in a day and 7% in a week....
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