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Biggest Movers: NEAR Slips to 16-Month Bottom, ALGO Over 11% Lower on Monday
21.11.2022
Near protocol fell to its lowest level in over sixteen months, as bearish pressure intensified on Nov. 21. Overall, cryptocurrencies started the week trading lower, following increased speculation on a prolonged market crash. Algorand was another notable token to fall, dropping by over 11% today....
Biggest Movers: ALGO Nearly 10% Higher, TRX Extends Recent Gains
19.11.2022
Algorand has been a notable exception in what has been a relatively bearish start to the weekend. On Nov. 19, the token rose by nearly 10%, as cryptocurrency markets mostly traded lower. Another noteworthy exception was tron, which climbed for a second consecutive day. Algorand (ALGO) Algorand...
Bitcoin, Ethereum Technical Analysis: ETH Heads Towards $1,200 Breakout on Saturday
19.11.2022
Ethereum was once again nearing a breakout of its $1,200 level, as bearish sentiment returned to start the weekend. Following price rebounds on Friday, cryptocurrency markets were back in the red, and are trading 0.68% lower as of writing. Bitcoin also slipped in today’s session. Bitcoin...
Institutions Take Bearish Stance on Bitcoin, Steep Discount in CME Futures Indicates
16.11.2022
The record discount in the front-month bitcoin futures traded on the CME indicates institutions are biased bearish. The discount may attract arbitrageurs
Zilliqa continues bearish momentum: Should you buy ZIL in 2022?
14.11.2022
Many experts are bullish about the crypto markets, but no one expects it to recover in the short term. The FTX liquidity crisis became a major issue of the downfall when the crypto market started to recover from its yearly low. Before the end of this year, most cryptos formed a yearly low after...
Bitcoin, Ethereum Technical Analysis: ETH Moves Higher as Markets Continue to React to US Inflation Report
11.11.2022
Ethereum was trading higher on Friday, as cryptocurrency markets continued to rebound, following yesterday’s U.S. inflation report. The better-than-expected 7.7% CPI (consumer price index) figure for October boosted prices, following recent bearish sentiment. Bitcoin briefly climbed back...
Bitcoin Price Outlook for November — FTX Crisis Fuels Bearish Momentum
10.11.2022
It’s fair to say that the first ten days of November have been nothing short of historic in cryptocurrency markets. The turmoil surrounding FTX, and its all-but-confirmed collapse, seems to have eclipsed both Luna and Celsius, who also capitulated earlier this year. The impact of this...
Commodity Strategist Mike McGlone Says BTC, ETH Appear to Have ‘Completed the Bulk of Their Drawdown’
9.11.2022
Bloomberg Intelligence senior commodity analyst, Mike McGlone, recently wrote that “cryptos could regain [an] edge” when he discussed bitcoin and ethereum in a report published on Bloomberg’s terminal on Nov. 3, 2022. McGlone detailed that volatility in bitcoin and ethereum...
Bitcoin bulls fail to hold $21K, but pro traders refuse to flip bearish
7.11.2022
BTC bears have successfully suppressed Bitcoin price below $25,000 for 147 daily closes, but derivatives data shows no desperation from pro traders
Digihost Bucks Bearish Trend Among Bitcoin Miners, Remains Cash Flow Positive
1.11.2022
Canadian Bitcoin miner Digihost remains debt-free and cash flow positive despite a wider downturn across the crypto mining industry
Public Bitcoin miners' hash rate is booming — but is it actually bearish for BTC price?
25.10.2022
Efforts to keep Bitcoin mining operations afloat may end up stressing the spot BTC price further lower
3 Reasons Experts Are Bearish on the Shiba Inu Price and Bullish on Dash 2 Trade and Calvaria
25.10.2022
Shiba Inu remains one of the most valuable meme coins in the market, although it has largely traded downwards with the broader crypto space.
However, there appears to be widespread excitement about two new digital assets. This article will examine Dash 2 Trade (D2T) and Calvaria (RIA).
Shiba...
Bitcoin, Ethereum Technical Analysis: Ethereum Back Above $1,300 to Start the Week
24.10.2022
Ethereum remained close to a three week high on Monday, as prices rallied following a turbulent weekend. Bullish sentiment appears to have somewhat returned to crypto markets to start the week, with the market cap trading 1.56% high as of writing. Bitcoin was also in the green in today’s...
Bitcoin Futures ‘Backwardation’ Could Signal Bearish Mood
19.10.2022
Bitcoin futures listed on the Chicago Mercantile Exchange slipped into prolonged backwardation during September, the crypto platform Luno said in a research report
First Mover Americas: Bitcoin Holding Up at $19.5K Despite Bearish Conditions
18.10.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 18, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin, Ethereum Technical Analysis: BTC, ETH Move Past Key Resistance Levels on Tuesday
18.10.2022
Bitcoin was trading at its highest level in the past five days on Tuesday, as prices rose past a key resistance point. Ethereum also rallied to a similar milestone earlier in today’s session, as cryptocurrency markets continue to move away from recent bearish sentiment. As of writing,...
Cardano continues its bearish run; More pain for ADA in the future!
17.10.2022
The crypto market has been in a downtrend since the last quarter of 2021, which Bitcoin and Ethereum mainly led, but some altcoins took a bullish trend last month, but Cardano broke the support again. ADA has been finding momentum since last year when it was around an all-time high, but this steady...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Lower on Saturday, as Bears Reenter the Market
15.10.2022
Bearish sentiment returned to cryptocurrency markets on Saturday, as bitcoin was once again in the red. The world’s largest token moved lower to start the weekend, following yesterday’s surge towards $20,000. Ethereum was also down today, falling below $1,300 in the process. Bitcoin...
Bitcoin, Ethereum Technical Analysis: BTC Drops Below $20,000 Ahead of US Nonfarm Payrolls Report
7.10.2022
Bitcoin was trading below $20,000 on Friday, as markets prepared for the release of the latest U.S. nonfarm payrolls report. The token moved lower for the third consecutive session, as bearish sentiment returned to markets. Ethereum continued to consolidate ahead of this afternoon’s release....
Mike McGlone Says Gold Price Is ‘Firming’ — Commodity Strategist Insists BTC, ETH Will ‘Outperform Most Major Assets’
6.10.2022
Over the last two days, Bloomberg Intelligence commodity analyst Mike McGlone published the firm’s commodity and crypto outlook reports, and McGlone’s latest analysis details that the price of gold could resume its rally after a foundation similar to 1999 is constructed. Moreover,...