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Market Wrap: Cryptos Down, Stocks Up; Altcoins Underperform
26.5.2022
Bitcoin (BTC) was roughly flat over the past 24 hours, while altcoins such as ether (ETH) underperformed. That indicates a lower appetite for risk among crypto traders. Meanwhile, stocks traded higher on Thursday
Bitcoin Pares Earlier Losses; Resistance at $33K
26.5.2022
Bitcoin (BTC) is stuck in a choppy trading range, anchored at the $30K price level. Upside appears limited as most indicators are neutral short-term and bearish long-term
Ethereum price dips below the $1.8K support as bears prepare for Friday’s $1B options expiry
26.5.2022
Looming macroeconomic concerns and this week’s $1B ETH options expiry threaten to pin Ethereum price under the $1,800 support
Biggest Movers: AVAX and ATOM Over 10% Lower on Thursday
26.5.2022
AVAX was one of the biggest movers in crypto markets on Thursday, as prices fell by over 10%, hitting a two-week low in the process. ATOM was also trading in the red, with its value dropping by as much as 13% in the day. Avalanche (AVAX) AVAX was one of today’s biggest losers, as prices...
First Mover Americas: BTC Dominance Reaches 7-Month Highs, Alts Suffer
26.5.2022
The latest moves in crypto markets in context for May 24, 2022
For Financial Advisors, Bitcoin Is the Next Nasdaq
26.5.2022
The opportunity of bitcoin as an asset resembles what the Nasdaq looked like a decade ago
Bitcoin Sees Weakness at $29K as Traders Assess Fed Minutes
26.5.2022
Bitcoin dropped, then recovered, over a support level in the past 24 hours
FTX Halts LUNA and UST Markets to Support New LUNA Airdrop
26.5.2022
FTX will halt the LUNA and UST markets at noon UTC on May 26, 2022. Holders will, however, have an option to receive the new LUNA airdrops during the snapshot time, and the receipt will be subject to certain adjustments. Meanwhile, FTX will go for more suspensions as mentioned below:- Deposit &...
Former Binance Execs Create $100M Fund to Spur Crypto Adoption in Emerging Markets: Report
26.5.2022
A group of former executives of cryptocurrency exchange Binance have created a $100 million venture fund with a focus on the metaverse and bringing greater crypto adoption to Latin America and Africa
Solana, Dogecoin Tokens Dip as Futures Suggests Bearish Sentiment
26.5.2022
Choppy trading in broader markets failed to temper a gradual dip in major cryptocurrencies, with some sliding as much as 8% in the past 24 hours
Bitcoin and Ethereum Struggle to Clear Key Hurdles, CELO and SAND Rally
26.5.2022
Bitcoin price traded in a range and remained strong above the USD 28,500 support zone. BTC attempted a close above USD 30,000 but struggled. It is currently (04:04 UTC) trading near USD 29,900 and is down 1% in a day and up almost 4% in a week.
Similarly, most major altcoins are trading below...
US Senator Cruz ‘Incredibly Bullish’ on Bitcoin — Says ‘I Have a Weekly Buy’
26.5.2022
U.S. Senator Ted Cruz says he is “incredibly bullish” on bitcoin and purchases the cryptocurrency weekly for his portfolio. Emphasizing that cryptocurrency “will change the world,” the senator said, “Uncontrolled, decentralized currency is terrifying for those...
JPMorgan Sees ‘Significant Upside’ to Bitcoin — Replaces Real Estate With Crypto as ‘Preferred Alternative Asset’
26.5.2022
JPMorgan sees “significant upside” to the price of bitcoin. The global investment bank’s price target for the cryptocurrency is 28% above its current price. JPMorgan has also replaced real estate with cryptocurrencies as its “preferred alternative asset class along with...
First Mover Asia: Regulatory Attention on Terra Could Change South Korean Trading Environment; Bitcoin Goes Sideways
26.5.2022
The founders of two prominent crypto-related organizations said tightened restrictions could make it difficult for foreign tokens to list on Korean exchanges, discouraging projects from trying
‘Extreme fear’ grips Bitcoin price, but analysts point to signs of a potential reversal
26.5.2022
Sideways crypto price action persists as the Federal Reserve confirms its plan to continue raising interest rates, but analysts spot a silver lining
Polkadot parachains spike after the launch of a $250M aUSD stablecoin fund
25.5.2022
Polkadot parachains posted double-digit gains after partnership announcements, protocol integrations and a stablecoin development fund caught the attention of the crypto investors
Market Wrap: Metaverse Tokens Rise; Crypto Analysts Expect More Volatility
25.5.2022
Bitcoin (BTC) and other cryptos were mixed on Wednesday. Although, some metaverse tokens such as MANA and SAND outperformed. Analysts expect higher volatility if a breakout or breakdown in BTC occurs
Price analysis 5/25: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB
25.5.2022
Bitcoin and the major altcoins remain stuck in a range as traders search for the next factor that will start a directional move
Bitcoin creeps toward $30K, but data shows bears in favor for Friday’s $1.8B BTC options expiry
25.5.2022
Traders are calling for a “relief rally” to $35,000, but derivatives data shows bears stand to profit from this week’s $1.81 billion BTC options expiry
Scott Minerd says Bitcoin price will drop to $8K, but technical analysis says otherwise
25.5.2022
BTC price could be poised for a big bounce despite Minerd’s prediction that price will drop to $8,000