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Bitcoin, Ethereum Technical Analysis: BTC Drops Below $20K Ahead of Friday’s NFP Report
1.9.2022
Bitcoin once again slipped below $20,000, as market uncertainty rose ahead of Friday’s Non-farm payrolls report. Tomorrow’s payrolls are expected to come in at 300,000 jobs, which is lower than July’s 528,000 figure. Ethereum also declined, as the price moved away from...
Biggest Movers: LEO Hits 6-Week High, as NEAR Jumps Higher for Third Straight Session
31.8.2022
LEO rose to a six-week high on Wednesday, as prices rallied for a fifth consecutive session. The move came as the token raced past a key resistance level, on its way to today’s peak. Near protocol was another notable gainer, climbing for a third straight day. UNUS SED LEO (LEO) Unus Sed...
Bitcoin, Ethereum Technical Analysis: ETH Hovers Near $1,600, as Crypto Markets Consolidate
31.8.2022
Ethereum was hovering close to $1,600 during Wednesday’s session, as market volatility eased today. Following a turbulent week of trading, crypto markets mostly consolidated on hump-day, with the global market capitalization down 0.23% as of writing. Bitcoin’s price was mostly...
Biggest Movers: FLOW up 12% on Tuesday, Hitting 5-Day High
30.8.2022
Flow rose for a second consecutive session on Tuesday, as the token climbed by 12% earlier in the day. The rebound comes after prices fell to a one-month low over the weekend. Cosmos was also in the green, as it, too, hit a five-day high. Overall, the global crypto market cap is up 0.68%...
Bitcoin, Ethereum Technical Analysis: BTC Back Above $20,000 as Markets Rebound
30.8.2022
Bitcoin was back above $20,000 on Tuesday, as bulls seemingly moved in to buy following the recent dip in price. The token dropped to a multi-week low over the weekend, however prices have now risen in back-to-back sessions. Ethereum was also in the green, as prices briefly recaptured $1,600....
Applied Blockchain Changes Name, Enters Purchase Agreement for Land in North Dakota
28.8.2022
This week the mining operation Applied Blockchain announced that it is changing its company name to Applied Digital. Furthermore, the mining operation released 2022 financial results and operational updates that noted that the mining firm entered a purchase agreement on August 15 for land in North...
Crypto Economy Slides Under $1 Trillion, as Bitcoin and Ethereum Dive Below Previous Support Zones
27.8.2022
On Saturday, August 27, 2022, the global market capitalization of all the crypto assets in existence dropped under the $1 trillion mark and the leading crypto asset bitcoin slipped below the $20K region for the first time since mid-July. Crypto Economy Craters — More Than $240 Billion Erased...
While the Merge Led the Bear Market Rise, Hype Has Been Erased and Ethereum Now Leads the Slide
27.8.2022
With just over two weeks left until The Merge, ethereum’s value against the U.S. dollar has lost all the gains the crypto asset recorded leading up to the hardened date. In mid-August, ether managed to climb above the $2K zone but since then, the second largest cryptocurrency by market...
Biggest Movers: DOGE, AVAX Fall to 1-Month Lows on Saturday
27.8.2022
Dogecoin fell to a one-month low to start the weekend, as a red wave swept through cryptocurrency markets. Avalanche also dropped to a four-week low on Saturday, as the token hit a key support point. As of writing, the global crypto market cap is trading 5.46% lower. Dogecoin (DOGE) Dogecoin (DOGE)...
Bitcoin, Ethereum Technical Analysis: BTC Nears $20,000, as ETH Hits 1-Month Low
27.8.2022
Bitcoin was trading close to $20,000 to start the weekend, as traders reacted to comments from U.S. Fed Chair Jerome Powell during Friday’s Jackson Hole summit. Powell warned that “there will be some pain ahead,” as the Fed attempts to bring the rate of inflation down. Ethereum...
Biggest Movers: AAVE, ADA Remain Near 1-Week Highs on Friday
26.8.2022
Cardano rose to a one-week high earlier in today’s session, despite cryptocurrency markets mostly trading in the red. Aave was also higher on Friday, with the token remaining close to its highest point in the past week. As of writing, the global crypto market cap is 0.43% lower. Cardano...
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: SHIB Bounces From Key Price Floor, Climbing to 1-Week High
25.8.2022
Shiba inu was trading over 10% higher during Thursday’s session, as the token rallied to a one-week high. Following a week’s worth of consolidation, the meme coin bounced from a key support level, moving closer to a resistance point of $0.00001500. Ethereum classic was also in...
Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,700 as “Merge” Date Confirmed
25.8.2022
Ethereum was back above $1,700 in Thursday’s session, as the date for the long-awaited “Merge” was finally confirmed. A blog post from the Ethereum Foundation stated that the event will begin on September 6, and be completed between September 10 and 20. Bitcoin also moved...
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)...
Bitcoin, Ethereum Technical Analysis: ETH Moves Towards $1,700, BTC Largely Unchanged
24.8.2022
Ethereum moved closer to $1,700 in today’s session, as prices continued to rebound following recent losses. Bitcoin was largely unchanged from Tuesday’s session, as the world’s largest cryptocurrency was once again trading above $21,000. As of writing, the global crypto market...
Biggest Movers: ATOM up 12% on Tuesday, as NEAR Snaps Losing Streak
23.8.2022
Cosmos was a notable gainer on Tuesday, as prices of the token rose by as much as 12% in the day. Today’s surge sees the cryptocurrency climb for a third straight day, hitting a five-day high in the process. Near protocol was also in the green, as it rebounded following recent declines....
Bitcoin, Ethereum Technical Analysis: BTC, ETH Marginally Higher Following Monday’s Declines
23.8.2022
Crypto markets were back in the green on Tuesday, as bearish pressure marginally eased during today’s session. Ethereum rallied back above $1,600 earlier in the day, less than 24 hours after nearing a breakout below $1,500. Bitcoin was also higher, moving past the $21,000 level. Bitcoin...
Morgan Stanley Analyst Says Crypto Economy’s Liquidity Improved, but There’s ‘No Huge Demand to Re-Leverage’
22.8.2022
An analyst at the New York-based financial services and investment management company Morgan Stanley detailed on Monday that crypto liquidity seems to be recovering. Morgan Stanley’s Sheena Shah highlighted in a note to investors that the stablecoin market capitalization is seeing fewer...
Biggest Movers: EOS Higher Despite Crypto Sell-off, FLOW Extends Declines
22.8.2022
Monday saw eos remain in the green, despite the latest red wave in cryptocurrency markets. Today’s rally sees the token move almost 20% higher in the last seven days. Flow, on the other hand, extended its recent declines and is now down by almost 30% in the same period. EOS EOS was trading...