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Bitcoin and Ethereum at Risk of More Losses, Altcoins May Extend Declines
27.5.2022
Bitcoin price recovered above the USD 28,500 zone. BTC attempted an upside break but struggled above USD 29,000. It is currently (11:50 UTC) struggling and might continue to move down towards the USD 27,500 level.
Besides, most major altcoins are showing bearish signs. ETH settled below...
While Stocks Rebound, Analysts Discuss Bitcoin’s Decoupling, Gold Markets Remain ‘Under Pressure’
27.5.2022
U.S. equities markets jumped on Thursday as stock traders saw some relief after a number of weekly losses. All the major stock indexes rebounded after falling for nearly eight weeks in a row, while the crypto economy took some losses on Thursday, losing roughly 4% against the U.S. dollar during...
Small Bitcoin whales may be keeping BTC price from 'capitulation' — analysis
27.5.2022
Amid distribution by the "giant" whales of Bitcoin, data shows that smaller ones are still resisting the urge to sell
Ethereum, Altcoins Keep Dropping Against Bitcoin
27.5.2022
Bitcoin price failed to stay above the USD 28,500 support zone and declined to USD 27,500 before there was a recovery wave. It is currently (04:05 UTC) consolidating losses near USD 29,000 and is down almost 3% in a day and 4% in a week.
Besides, most major altcoins gained bearish momentum...
Billionaire Bill Miller calls Bitcoin 'insurance' against financial catastrophe
27.5.2022
Miller said Bitcoin “functioned without the Fed and without any interference” during times of market turmoil, concluding that “it’s an insurance policy, the way I look at it.”
Falling wedge pattern points to eventual Ethereum price reversal, but traders expect more pain first
26.5.2022
ETH dropped below a key support in its USD and BTC pair, but analysts say a bullish trading pattern could eventually spark a sharp trend reversal
Tether Launches Tokens Pegged to the Mexican Peso on Ethereum, Tron, and Polygon
26.5.2022
The stablecoin issuer Tether Operations Limited has announced the company has launched a new fiat-pegged token tied to the value of the Mexican peso. According to the team the newly launched MXNT tokens will be initially hosted on Ethereum, Polygon, and Tron. MXNT Stablecoin Is Pegged 1:1 to...
Bitcoin Mining Difficulty Drops 4.33%, Biggest Reduction in 10 Months
26.5.2022
It’s now 4.33% easier to mine bitcoin over the next two weeks as the difficulty adjustment algorithm (DAA) dropped from 31.25 trillion to today’s 29.85 trillion. It’s the largest DAA drop since July 17, 2021, when the difficulty dropped 4.81% at block height 691,488. Bitcoin...
Bitcoin 'good to go up' after BTC price hits lowest since Terra crash
26.5.2022
A wick to $28,000 sparks hopes of multi-week highs but caution remains over thin order book liquidity
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
Bitcoin, Ethereum Technical Analysis: ETH Hits 2-Week Low, Following Move Below $1,900
26.5.2022
Ethereum slipped below $1,900 during Thursday’s session, as prices dropped to a two-week low. Bitcoin was also trading lower over the course of the day, as it fell under $29,000. Overall, crypto was down over 3% as of writing. Bitcoin BTC fell below $29,000 earlier in today’s session...
Bitcoin Trends Lower, Ethereum and Altcoins Take Hit
26.5.2022
Bitcoin price declined and settled below USD 30,000. BTC traded below USD 29,200 and is currently (11:45 UTC) showing bearish signs near USD 29,100. BTC is down 1% in a day and is still up more than 1% in a week.
Besides, most major altcoins are gaining bearish momentum. ETH declined below...
BTC price breakout due 'relatively soon' as Bitcoin volumes spook traders
26.5.2022
Low transaction activity is gathering importance as analysts forecast volatility returning
World Bank won’t support Central African Republic’s Sango crypto hub
26.5.2022
The World Bank has said “it will be physically impossible” for the lender to fund the planned Sango crypto hub and voiced concerns regarding the country’s adoption of Bitcoin
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...
ESG Study Shows Bitcoin Mining’s Potential to Eliminate 0.15% of Global Warming by 2045, Claims No Other Technology Can Do Better
26.5.2022
In recent times, the impact of bitcoin mining on the environment has been a topical discussion as climate change activists believe proof-of-work (PoW) mining is too energy-intensive. However, a recent report written by the ESG analyst Daniel Batten explains that bitcoin mining could eliminate...
‘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
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
JPMorgan places BTC fair price at $38K, declares crypto a preferred alternative asset
25.5.2022
The banking giant says Terra's collapse did not appear to harm the VC market, and things will be looking up for crypto as long as VC stays in
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