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Bitcoin, Ethereum and Altcoins at Risk of Further Losses
8.6.2021
Bitcoin price started a fresh decline from well above the USD 36,500 zone. BTC is down almost 9% and it is currently (12:12 PM UTC) trading above USD 33,000. The price is showing bearish signs and it could slide further if there is a close below USD 32,000.
Similarly, most major altcoins...
Ethereum bull trap? ETH price signals breakdown versus Bitcoin
8.6.2021
The ETH/BTC exchange rate has surged by around 40% after bottoming out at 0.055 BTC. But the pair appears to be heading into a bull trap
Solana Aims to Raise $450 Million to Battle Ethereum Supremacy
8.6.2021
Solana, a proof-of-stake, smart contracts-enabled currency, is aiming to raise $450 million in a funding round that was extended last March. The Solana ecosystem, which is backed by Sam Bankman-Fried, founder and CEO of derivatives exchange FTX, would use these funds to take on Ethereum supremacy...
Scammers Pick Bank Transfers Over Cryptocurrency, Australian Report Reveals
8.6.2021
Investment scams have been by far the most common type in Australia recently, a new report by the country’s consumer watchdog has revealed. And while a growing number of Australians fall victim to fraudulent schemes involving cryptocurrency, bank transfers remain the scammers’ favorite...
Ethereum, Altcoins Bleed More Than Bitcoin, Liquidations Soar
8.6.2021
Bitcoin price failed to clear the key USD 38,000 resistance zone. BTC started a fresh decline below the USD 36,500 and USD 35,500 support levels. It is currently (04:43 UTC) trading in a bearish zone.
However, as was the case in many previous sharp selloffs, altcoins are once again bleeding more...
Record $141M outflow from Bitcoin products signals institutions are bearish on BTC: CoinShares
8.6.2021
Institutional investors withdrew a record $141 million from Bitcoin investment products this past week
Two-Fifths of Australian Millennials Prefer Crypto Investments Over Real Estate
7.6.2021
A report published by the cryptocurrency exchange Kraken shows that two-fifths of Australian millennials prefer to invest in cryptocurrency assets over real estate. The survey shows that a number of Australians are losing faith in traditional assets like gold, stocks, and real estate....
Price analysis 6/7: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, ICP, BCH
7.6.2021
Bitcoin and altcoins are likely to remain under pressure for a few days but lower levels could attract buying
Ethereum Leads the Crypto Market Sentiment
7.6.2021
The average 7-day moving crypto market sentiment score for 10 major coins rose from 5.03 last week to 5.15 today, shows the market sentiment analysis service Omenics, while ethereum (ETH) became the only coin with a somewhat positive sentscore.
After the entire market sentiment declined last week...
Bitcoin Consolidates, Ethereum Eyes Upside Break, Altcoins Turn Attractive
7.6.2021
Bitcoin price is stuck near the USD 36,000 level. BTC is facing many major hurdles near USD 37,500 and USD 38,000. It is currently (12:10 PM UTC) showing a few positive signs, but it must settle above USD 38,000 for a sustained upward move.
Besides, most major altcoins are gaining pace. ETH broke...
Ethereum Price Analysis: Can ETH Surpass $2900 Mark?
7.6.2021
Ethereum’s gas fee turning the lowest on June 06 has created a huge rallying environment for ETH. Norton, the world-leaning anti-virus software, has been making rounds at countering crypto mining issues. Norton announced plans to launch Ethereum mining software. The idea behind this announcement...
Bitcoin Needs to 'Turn The Ship Around' As Ethereum In Uptrend Already
7.6.2021
Until bulls run again, bitcoin (BTC) can be expected to consolidate or go lower, while ethereum (ETH) remains in a "bullish uptrend," according to analysts at Kraken Intelligence.
Whatever comes next is to follow a market-wide sell-off, the worst correction since March 2020, preceded...
Bitcoin Struggles While Ethereum and Altcoins Show Bullish Signs
7.6.2021
Bitcoin price failed to surpass the USD 38,500 resistance level and corrected lower. BTC declined below USD 37,000 and it is currently (04:45 UTC) consolidating above USD 36,000. If there is a downside break below USD 35,500, the price could accelerate lower.
Most major altcoins are showing...
Top 5 cryptocurrencies to watch this week: BTC, ETH, ADA, SOL, THETA
6.6.2021
Bitcoin is on the verge of a trend defining move and if bulls succeed, ETH, ADA, SOL and THETA could rally higher
Why Bitcoin's next breakout may not be an altcoin season signal
6.6.2021
Many investors rely on bullish breakouts from Bitcoin as a sign of the next altcoin season but data suggests this strategy is flawed
Floyd Mayweather Gets Booed at Bitcoin Event for Saying ‘Another Crypto Will Be Just as Big as BTC’
5.6.2021
The undefeated professional boxer Floyd ‘Money’ Mayweather recently spoke at the Bitcoin 2021 conference in Miami and was booed while speaking on stage. Mayweather’s speech wasn’t appreciated by members of the crowd because he didn’t discuss bitcoin much and toward...
Norton Crypto Mining: Antivirus Software to Mine Cryptocurrency
5.6.2021
Norton has added a cryptocurrency mining feature to its antivirus software. Users will be able to mine ethereum while their computers are idle. Miners can track and transfer their crypto earnings into their Norton Crypto Wallet. Antivirus Software Can Mine Crypto Nortonlifelock (NASDAQ: NLOK),...
Ethereum options data shows traders' mixed opinions on ETH's future
4.6.2021
Data shows traders are buying $400 protective puts while also holding $7,000 call options, a signal that traders either have mixed emotions or are just cashing in on the upfront premium
Price analysis 6/4: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, ICP, BCH
4.6.2021
Continued selling at overhead resistance levels suggests that Bitcoin and altcoins could remain range-bound in the short term
Bitcoin and Ethereum Extend Decline, Bulls Lose Control
4.6.2021
Bitcoin price failed to climb above the USD 40,000 level. After another ambiguous tweet by Tesla’s Elon Musk, BTC started a fresh decline and it broke the USD 37,500 support zone. It even traded below USD 36,000 and is currently (12:20 PM UTC) struggling to recover losses.
Similarly, most major...