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Technical Analysis: Cosmos Climbs Higher, While Solana’s Fall Continues
24.1.2022
After trading lower for the majority of Monday’s session, cryptocurrency prices were slowly starting to find support, with a few markets rallying, as we headed toward the end of the day. Cosmos One such crypto was cosmos (ATOM), which was the biggest gainer in the top 20, climbing by almost...
Bitcoin’s Price Drop and the Network’s Higher Difficulty Squeezes BTC Mining Profits
23.1.2022
After Bitcoin’s mining difficulty jumped to the highest value ever at 26.64 trillion, the overall hashrate slumped a hair due to the rise in difficulty and lower bitcoin price. This weekend, Bitcoin’s hashrate is coasting along at 189 exahash per second (EH/s), after dropping to a...
Low Volumes Across Crypto Spot Markets and Derivatives Indicate Bearish Conditions
23.1.2022
Digital currency markets have slipped significantly in value during the last two weeks and the lower prices have not sparked higher trade volumes. Data shows cryptocurrency spot market volume has slipped from $1.4 trillion in November 2021, to this month’s $593 billion in volume. Bitcoin...
Bitcoin Mining Difficulty Reaches Lifetime High, It’s Now More Difficult Than Ever Before to Find a Block Reward
21.1.2022
Following the drop in value during Thursday evening’s trading sessions, Bitcoin’s mining difficulty rose to a lifetime high, reaching 26.64 trillion after jumping 9.32% at block height 719,712. The mining difficulty’s all-time high (ATH) is now higher than the ATH it reached...
Dollar Fails To Catch A Lift From Higher Yields, Bank Of Japan In Focus
18.1.2022
Bank of Japan’s meeting on January 18, 2022, has come out as a turning point for the current month. Two issues were discussed with the main emphasis on the Bank of Japan committing to fix its monetary policies. Another issue that the committee worked out in the meeting was the revision of...
Crypto Job Postings Increased 400% in 2021 According to Linkedin
18.1.2022
According to new data from Linkedin, a professional work-based social network, the number of cryptocurrency-related job postings soared in 2021. The increase was even higher than the general increase in tech-related job postings. The nature of these posts is also diversifying, with various...
15 Privacy Coins See Double-Digit Weekly Gains, Monero Jumps 13%, Secret Gains 50%
17.1.2022
Despite the fact that regulations have tightened and bureaucrats worldwide are scrutinizing cryptocurrency usage, a few privacy coins have jumped considerably higher in value over the last week. Monero jumped 13% during the last seven days, while the token secret increased 50%, and dusk spiked...
Cardano Price Surges After Metaverse Project Launch, ADA Gains More Than 30% in 7 Days
17.1.2022
The smart contract token cardano has surged in value during the last 24 hours after a metaverse project called Pavia launched. Seven-day statistics indicate that cardano’s price has spiked 30.9% over the week and took over the fifth-largest crypto market cap position on Sunday evening (EST)....
Bitcoin and Ethereum Trend Lower, ADA Inches Higher
17.1.2022
Bitcoin price failed to stay above the USD 43,000 level and extended decline. BTC traded below the USD 42,800 support level. It is currently (13:40 UTC) showing bearish signs and there is a risk of a move below USD 42,000.
Similarly, most major altcoins are struggling. ETH declined below...
JPMorgan Client Survey: Majority Expect Bitcoin Price to Reach $60K or More This Year
15.1.2022
Global investment bank JPMorgan has asked its clients what they think the price of bitcoin will be by year-end. Among the bank’s clients who responded, 55% expect the price of bitcoin to end the year at $60K or higher. What JPMorgan’s Clients Expect the Price of Bitcoin to Be...
Bitcoin and Ethereum Take Another Step Higher, FTM and ROSE Rally
12.1.2022
Bitcoin price started a steady increase above the USD 41,500 level. BTC even climbed above the USD 42,500 resistance and briefly spiked above USD 43,000. It is currently (04:21 UTC) consolidating near USD 42,700, with a strong support at USD 42,000.
Similarly, most major altcoins are also...
Bitcoin returns to $42K as bets start favoring 'short squeeze' higher for BTC
11.1.2022
There is increasing reason to believe that surprise gains, not losses, for Bitcoin will be the conclusion of the current BTC price phase, say analysts
Bitcoin and Ethereum Inch Higher, NEAR Rallies
11.1.2022
Yesterday, bitcoin price extended decline below the USD 40,500 level. BTC even traded below the USD 40,000 level, but the bulls were active. The price started a sharp recovery and is currently (04:34 UTC) trading near USD 42,300.
Similarly, most major altcoins are showing a few positive signs....
Bitcoin and Ethereum Fluctuate Near Key Support, Altcoins Inch Higher
10.1.2022
Bitcoin price extended decline below the USD 43,000 level and even traded close to USD 40,500. BTC is currently (04:28 UTC) trying to recover higher above USD 42,150.
Similarly, most major altcoins are trading above key supports. ETH tested USD 3,000 and moved back near USD 3,200 again. XRP...
Bitcoin crash ahead? Expert warns higher inflation could whip BTC price to $30K
9.1.2022
The warning appears against the U.S. Federal Reserve's intention to tighten its asset purchasing program rapidly, followed by three rate hikes in 2022
Gold Bug Peter Schiff Claims Bitcoin’s Yearly Gain of 60% Was Achieved in First 5 Weeks of the Year
1.1.2022
Gold bug Peter Schiff has claimed that though bitcoin went up by 60% during the past twelve months, most of these gains were achieved during the first five weeks of the year in 2021. He insists that the majority of those that bought the asset in 2021 have not gained. Bitcoin Gains Higher Than Those...
Bitcoin and Ethereum Consolidate Losses, ALGO Inches Higher
30.12.2021
Bitcoin price tested the USD 46,000 zone before it found a support zone. BTC started a recovery wave above USD 47,000. It is currently (14:07 UTC) facing a lot of hurdles below USD 48,000.
Similarly, most major altcoins are also facing resistance. ETH is facing an uphill task near USD 3,780...
Russian Provinces Free to Make Crypto Miners Pay Higher Electricity Rates, Says Gov’t
24.12.2021
Crypto miners in Russia could be set to pay higher electricity fees in 2022, but the development could allow miners to ply their trade without further scrutiny from energy providers – who may even assist them in setting up their operations in ways that place less strain on local grids....
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Bitcoin Nears USD 50K, Ethereum Moves Higher, XRP and LUNA Rally
22.12.2021
Bitcoin price gained pace for a move above the USD 48,500 resistance zone. BTC even cleared the USD 49,200 zone and moved above USD 49,800 before correcting lower. It is currently (04:40 UTC) trading near USD 49,400 and it seems like the price could test USD 50,000 once again....
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Bitcoin and Ethereum Inch Higher, AVAX Rallies
21.12.2021
Bitcoin price started a fresh increase from the USD 45,500 support zone. BTC was able to clear the USD 46,500 and USD 47,500 resistance levels. It is currently (11:54 UTC) trading above USD 48,900 and there could be more upsides in the near term....
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