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Bitcoin, Ethereum Technical Analysis: BTC, ETH Drop as Key Resistance Levels Hold
26.8.2022
Bitcoin fell lower on Friday, as the token slipped below a key resistance level during today’s session. Following a mini rally in price this week, bitcoin bears returned to action, as volatility in the market increased. Ethereum was also lower, falling back below $1,700. Bitcoin Following...
Biggest Movers: APE Extends Rally, HNT Recovers Following Recent Losses
24.8.2022
Apecoin rose for a fourth consecutive session on Wednesday, as prices of the token climbed by as much as 5%. Today’s surge sees the token move to its highest level since last Friday. Helium was another notable gainer on hump day, rising by as much as 14% earlier in the day. Apecoin (APE)...
Biggest Movers: DOGE Extends Recent Declines, Falling by Nearly 15% on Friday
19.8.2022
Dogecoin fell for a third consecutive session on Friday, with the token dropping by almost 15% in today’s session. As of writing, the global cryptocurrency market cap is roughly 8% lower, with the majority of the top 100 in the red. Filecoin was another notable mover, falling by nearly 20%....
Bitcoin, Ethereum Technical Analysis: BTC Plunges Below $22,000, While ETH Nears 10-Day Low
19.8.2022
Bitcoin was significantly lower on Friday, as the token fell by over $1,500 in a 24-hour period. The world’s largest cryptocurrency has been declining all week, however today’s drop engulfed previous losses. Ethereum was also in the red, as the token fell below $1,700 for the first...
Bitcoin, Ethereum Technical Analysis: ETH Hits $2,000 for First Time Since May
13.8.2022
Ethereum was trading above $2,000 to start the weekend, as the token hit its highest point since May. Crypto markets were back in the green, after marginally consolidating in Friday’s session. Bitcoin moved closer to $25,000 on Saturday, however has still yet to breach this ceiling. Bitcoin...
Bitcoin Mining Operations Continue to Expand Amid the Crypto Winter, While Converting ‘Wasted Gas to Energy at Scale’
12.8.2022
The bitcoin mining industry continues to expand as companies are obtaining more megawatts of capacity, building new facilities, and acquiring thousands of application-specific integrated circuit (ASIC) mining rigs. On Friday, the firm Validus Power revealed it has acquired two natural gas power...
Biggest Movers: ETC Nears 4-Month High, LINK Hits Highest Point Since June
12.8.2022
Ethereum classic was trading close to its highest point since April, as the token rose by nearly 10% on Friday. Despite crypto markets being mostly in the red in today’s session, a handful of tokens managed to climb higher. Chainlink was another one of these tokens, as it hit a two-month...
Bitcoin, Ethereum Technical Analysis: BTC Hovers Below $24,000 on Friday, as Crypto Markets Consolidate
12.8.2022
Cryptocurrency markets consolidated on Friday, as bulls marginally pulled back following strong gains in yesterday’s session. Bitcoin fell slightly below $24,000, as prices were once again unable to move past a key ceiling. Ethereum was also lower, however continued to trade close to $1,900....
World Gold Council Exec Believes Blockchain Technology Will Bolster Trust in the Gold Industry
8.8.2022
The World Gold Council’s (WGC) head of global sales and regional CEO, Joe Cavatoni, explained on Friday that he believes the gold industry will integrate with blockchain technology in order to “help the industry standardize reporting.” Cavatoni spoke about the London Bullion...
Bitcoin, Ethereum Technical Analysis: ETH Hits 2-Month High Above $1,800
8.8.2022
Ethereum surged to a two-month high on Monday, as crypto prices have mostly moved higher following Friday’s nonfarm payrolls report. Bitcoin rose to a one-week high, as the token climbed above $24,000 to start the week. Overall, the global market cap is trading 4.11% higher as of writing....
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate to Start the Weekend
6.8.2022
Bitcoin was consolidating above $23,000 to start the weekend, as traders continue to react to yesterday’s nonfarm payrolls figure. It was confirmed that 528,000 jobs were added to the U.S. economy in July, which helped boost crypto prices. Ethereum consolidated on Saturday, after reentering...
Biggest Movers: THETA Hits 3-Month High, While Near Climbs 17% on Friday
5.8.2022
Theta network was trading at its highest point in three months on Friday, as prices broke out of a key resistance level. Today’s move comes as crypto markets were mostly higher in the session, climbing 2.86% as of writing. Near protocol rose by 17%, also recording multi-month highs. Theta...
Bitcoin, Ethereum Technical Analysis: ETH Rebounds on Friday, Climbing Above $1,700
5.8.2022
Ethereum rose above $1,700, while bitcoin snapped a seven-day losing streak on Friday, with prices rebounding in today’s session. The move came ahead of this afternoon’s payrolls report, which is expected to show that 250,000 jobs were added to the U.S. economy in July. Bitcoin Ahead...
Bitcoin, Ethereum Technical Analysis: Crypto Markets Down Ahead of Friday’s Nonfarm Payrolls Report
4.8.2022
Bitcoin was trading lower on Thursday, ahead of tomorrow’s monthly nonfarm payrolls (NFP) report. The U.S. labor market has recently shown signs of slowing, following data this week reporting that nationwide job openings had fallen. Ethereum also dropped on the prospect of the NFP report...
Bitcoin bulls aim for $25K price on Friday's $510M options expiry
3.8.2022
BTC price has been gaining momentum as it nears $24,000, and this week's options expiry could help bulls profit $200 million
Sony Says It'll Pump Out More PS5s For The Holidays, So Maybe You'll Finally Get One
1.8.2022
Sony announced it will increase the production of the PlayStation 5 in preparation for the holiday shopping season. The company still plans to hit its projected 18 million units sold for the 2022 fiscal year, but a new financial earnings report published on July 29 reveals that “significant...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate to Start the Weekend
30.7.2022
Following strong gains on Friday, bitcoin was consolidating under a key resistance level to start the weekend. Bulls opted to secure gains as price uncertainty heightened in crypto markets, which as of writing are down 1% on the day. Ethereum was also marginally lower in the session. Bitcoin After...
Biggest Movers: GRT, LINK Rally to Multi-Week Highs on Friday
29.7.2022
The graph was a notable mover in Friday’s session, as the token rallied to a multi-week high. Prices rose by as much as 16% in today’s session, with chainlink also seeing its price climb by a double-digit percentage. Overall, the global crypto market cap is up 1.92% as of writing....
Bitcoin, Ethereum Technical Analysis: BTC Climbs Above $24,000, While ETH Nears $1,800
29.7.2022
Bitcoin rose for a third consecutive session on Friday, as prices rose above $24,000 to end the work week. Today’s rise comes as sentiment in crypto remains bullish, following Wednesday’s interest rate hike by the Fed. Ethereum was also higher, as prices approached $1,800. Bitcoin...
$1.26B in Ethereum options expire on Friday and bulls are ready to push ETH price higher
28.7.2022
Ethereum network developers confirmed September as the date of the upcoming Merge, a move which prompted traders to flip long on ETH