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Bitcoin and Ethereum Stuck Below Resistance, LUNA Extends Rally
24.8.2021
Bitcoin price started a downside correction from the USD 50,500 resistance. BTC declined below the USD 49,200 support level, but it remained well bid above USD 48,500. It is currently (11:45 UTC) consolidating above USD 49,000, with a major resistance near USD 50,000.
Similarly, most major altcoins...
Cardano chalks a bearish wedge as ADA price soars by over 100% in Q3
24.8.2021
The bearish outlook appears also as Cardano's daily relative strength index (RSI) reflects overbought sentiments. However, euphoria surrounding Cardano's smart contracts launch and its mild correlation with Bitcoin keeps the upside hopes intact
Cryptoverse Reacts: Visa May Become “Front-End for Ethereum”, NFT Sales Explode
24.8.2021
Global payment provider Visa has made significant waves throughout the crypto asset industry by purchasing their first non-fungible token (NFT) CryptoPunk for ETH 49.5 (around USD 150,000 at the time of purchase). Reactions throughout the community vary, as some consider this irrefutable proof...
Bitcoin and Ethereum Consolidate, LUNA and BNB Gain Momentum
24.8.2021
Bitcoin price extended its increase to USD 50,500, but then it faced hurdles. As a result, BTC started a downside correction below USD 50,000. It is currently (04:00 UTC) consolidating gains above USD 49,000 and there could be a downside extension to USD 48,200 in the near term.
Similarly, most...
Price analysis 8/23: BTC, ETH, ADA, BNB, XRP, DOGE, DOT, SOL, UNI, BCH
23.8.2021
Select altcoins are likely to move higher even as Bitcoin price takes a breather after hitting $50,000 for the first time in months
Bitcoin and Ethereum Remain Supported, BNB Rallies To USD 500
23.8.2021
Bitcoin price started a fresh increase above the USD 48,000 resistance. BTC even surpassed USD 50,000 and tested USD 50,500. It is currently (11:45 UTC) consolidating gains near USD 50,000 with a major support at USD 49,200.
Similarly, most major altcoins are trading in a bullish zone. ETH spiked...
Cardano price eyes $3, but ADA chart fractal hints at a potential 40% correction
23.8.2021
The ADA/USD exchange rate has moved further into its “overbought” area, suggesting that a trend correction might follow suit
Bitcoin Reclaims USD 50K, Ethereum and Cardano Gain Strength
23.8.2021
Bitcoin price formed a support base above the USD 47,000 and USD 48,000 levels. As a result, BTC started a fresh increase above USD 49,500. There was a clear break above USD 50,000 and the price is currently (04:00 UTC) showing a lot of positive signs.
Similarly, most major altcoins are gaining...
Price analysis 8/20: BTC, ETH, ADA, BNB, XRP, DOGE, DOT, SOL, UNI, BCH
20.8.2021
Bitcoin has resumed its move toward $50,000 and this is likely to send altcoin prices higher
VanEck and ProShares apply to withdraw Ethereum ETF filings from SEC
20.8.2021
It’s unclear why both asset managers chose to apply for and withdraw seemingly similar applications for Ether ETFs on the same days
Bitcoin and Ethereum Hold Gains, ADA, XRP and DOT Surge
20.8.2021
Bitcoin price formed a base above USD 44,000 and started a fresh increase. BTC is back above USD 47,000 and it is currently (11:45 UTC) consolidating gains. To continue higher, the price must gain momentum above the USD 48,000 resistance.
Besides, most major altcoins are showing positive signs....
Cardano defies Peter Brandt's 90% crash warning, ADA price doubles to new high
20.8.2021
Bitcoin and Ethereum's upside exhaustion, Cardano's smart contract FOMO, and an overall boom in the altcoin market catalyzed ADA's gains
Bitcoin and Ethereum Recover Losses, Cardano Rallies 15%
20.8.2021
Bitcoin price extended its decline, but the bulls were active near the USD 44,000 level. As a result, BTC started a fresh increase above the USD 45,500 and USD 46,500 resistance levels. It is currently (04:00 UTC) trading above USD 47,000 and it could even test USD 48,000.
Similarly, most major...
23 and counting: VanEck and ProShares file for ETH futures ETFs
20.8.2021
The latest two filings bring the total number of ETF applications this year to 23
Coinbase announces $500M crypto buying spree, pledges to invest 10% of future profits into digital assets
20.8.2021
CEO Brian Armstrong expects the percentage of profits spent on cryptos to grow over time
Bitcoin's Battles: Volatility to 'Drive Investors to Gold', Ethereum to 'Dethrone' It
20.8.2021
Bitcoin (BTC) volatility could drive investors back to gold, predicts Jake Klein, Executive Chairman of Australian gold mining company Evolution Mining. In the meantime, the price of ethereum (ETH) could skyrocket and potentially exceed the value of the top cryptocurrency within the next five...
Avalanche (AVAX) in 'overbought' zone after 100% gains in a week — Correction ahead?
19.8.2021
The AVAX/USD exchange rate slips more than 16% after testing its May 2021 resistance level
Weekly Defi Swaps Tap $17 Billion While Dex Aggregators Now Share 22% of the Trade Volume
19.8.2021
Over the last seven days, decentralized exchange (dex) trade volume has tapped $17 billion across the 21 Ethereum dex platforms. Pancakeswap has seen between $400K to $860K every 24 hours during the last week as well. Meanwhile, dex aggregators are eating away at dex trade volumes, becoming more...
Bitcoin and Ethereum Consolidate, AVAX and LUNA Shine
19.8.2021
Bitcoin price settled below the USD 45,000 support zone. BTC traded below USD 44,500 and it even spiked below USD 44,000. It is currently (11:45 UTC) consolidating losses and is facing resistance near USD 45,500.
Similarly, most major altcoins are trading in a range. ETH traded below the USD 3,000...
Dogecoin Foundation Is Back With Elon Musk’s Adviser and Ethereum’s Vitalik Buterin
19.8.2021
The Dogecoin Foundation has been reestablished with “a renewed focus” to accelerate the development of Dogecoin. Among the foundation’s advisers are Ethereum co-founder Vitalik Buterin and Jared Birchall, the manager of Tesla CEO Elon Musk’s family office. Dogecoin...