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Bitcoin, Ethereum Technical Analysis: BTC Consolidates Ahead of Big Week of Economic Data
27.2.2023
Bitcoin consolidated below the $24,000 level on Feb. 27, as cryptocurrency markets prepared for a big week of economic data. Durable goods orders from the United States will be released later today, with consumer confidence figures set for Tuesday. Ethereum rose back above $1,600, following...
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $24,000 Ahead of US Consumer Sentiment Data
24.2.2023
Bitcoin fell back below $24,000 on Feb. 24, as markets anticipated the release of the upcoming consumer sentiment figures from the United States. The report from the University of Michigan is expected to show an increase in confidence, despite current inflationary pressures. Ethereum marginally...
Elden Ring Sells 20 Million Copies, Makes Excellent Point
23.2.2023
It was announced earlier today that Elden Ring, FromSoftware’s 2022 Game Of The Year For Loads Of People (including most staff at this website), has sold 20 million copies worldwide since its release a year ago. That is a lot.Read more
Bitcoin Volatility Expectations Remain Subdued Despite Hot US Inflation Figures – What This Means For the BTC Price
15.2.2023
In wake of Tuesday’s US Consumer Price Index (CPI) data, which confirmed an expected jump in MoM price pressures and revealed a smaller-than-expected decline in the YoY rate of inflation, Deribit’s Bitcoin Volatility Index (BTC DVol) surprised some analysts by remaining broadly unchanged. The lack...
Biggest Movers: SOL Rebounds, TRX up for Fifth Straight Session
14.2.2023
Solana was one of Tuesday’s notable movers, as the token rebounded from losses to start the week. The move comes despite U.S. inflation figures missing expectations. Consumer prices came in at 6.4%, higher than the 6.2% many had forecasted. Tron rose for a fifth consecutive session...
Bitcoin Price and Ethereum Prediction: Can US CPI Figures Trigger Big Gains?
14.2.2023
In the past few days, most major cryptocurrencies, including Bitcoin and Ethereum, have experienced a decline in their prices. As a result, Bitcoin has now fallen below $22,000, continuing its downward trend, and the global cryptocurrency market cap is approaching the $1 trillion threshold.
As...
Biggest Movers: SHIB Remains Near Recent Highs as Crypto Markets Fall on Monday
6.2.2023
Shiba inu has been relatively stable to start the week, as prices remained close to recent highs, despite Monday’s market sell-off. Cryptocurrencies were mostly lower in today’s session, as markets continued to react to historically low U.S. unemployment figures. Avalanche was down in today’s...
FTX Debtors Demand Return of Funds Given to US Politicians and Super PACs
6.2.2023
FTX debtors are seeking to claw back millions of dollars given to U.S. political action committees (PACs) and political figures. Confidential letters have been sent to individuals and organizations, requesting the return of the funds by Feb. 28, 2023. Some bureaucrats, such as Democratic Senators...
Bitcoin, Ethereum Technical Analysis: BTC Hovers Near $23,000 to Start the Weekend
28.1.2023
Bitcoin started the weekend hovering near $23,000, as markets continued to react to personal consumption data in the United States. Figures released on Friday reported that spending fell by 0.2% last month, despite overall consumer sentiment moving higher. Ethereum remained close to $1,600 to start...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate Ahead of US Consumer Sentiment Data
27.1.2023
Bitcoin consolidated on Friday, as traders prepared for the release of the upcoming consumer sentiment figures from the United States. Following a move to a five-month high on Thursday, prices were once again below $23,000. Ethereum also slipped, moving below $1,600 in the process. Bitcoin Bitcoin...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate Ahead of US GDP, Consumer Sentiment Data
24.1.2023
Cryptocurrencies continued to consolidate recent gains on Jan. 24, as markets prepared for a big week of U.S. economic data. Gross domestic product (GDP) figures for Q4 2022 will be released on Thursday, followed by consumer sentiment data the day after. Ethereum also secured recent gains...
Bitcoin, Ethereum Technical Analysis: ETH, BTC Lower, US Retail Sales Slow
19.1.2023
Ethereum fell lower on Thursday, as cryptocurrency markets continued to react to the latest U.S. retail sales figures. Sales in the United States fell by more than expected, coming in 1.1% lower in December. Bitcoin also declined in today’s session, with prices falling below the $21,000...
Bitcoin, Ethereum Technical Analysis: BTC Back Above $21,000, Following Strong Chinese GDP Figures
17.1.2023
Bitcoin climbed back above $21,000 on Jan. 17, as markets reacted to better-than-expected Chinese gross domestic product (GDP) figures. The economic release comes as U.S. traders also returned to action, following the observation of the Martin Luther King Jr. Day celebration. Ethereum rose briefly...
Bitcoin, Ethereum Technical Analysis: BTC Above $18,000, ETH Hits 2-Month High
12.1.2023
Bitcoin rose to a four-week high on Thursday, as price surged above $18,000 hours before the upcoming U.S. inflation report. This comes as many expect today’s figures to show a considerable drop in consumer prices. Ethereum also moved higher, climbing above $1,400 in the process. Bitcoin...
Bitcoin, Ethereum Technical Analysis: BTC Climbs Back Above $17K, Hitting 3-Week High
9.1.2023
Bitcoin rose to a three-week high on Jan. 9, as prices surged beyond the $17,000 mark to start the week. The move comes days ahead of the upcoming U.S. inflation figures, and as traders continue to react to Friday’s nonfarm payrolls (NFP). Ethereum was also higher, rising to a multi-week...
Biggest Movers: XMR Hits 2-Month High, ADA Extends Recent Gains
6.1.2023
Monero slipped from an earlier two-month high, as December U.S. nonfarm payrolls (NFP) showed signs of a slowing labor market. Figures released today showed that the NFP fell to 223,000, down from a reading of 263,000 the month prior. Cardano was mostly higher, as it rose to a multi-week high....
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate Ahead of United States GDP Data
22.12.2022
Cryptocurrency prices mostly consolidated on Thursday, ahead of upcoming GDP figures from the United States. Bitcoin remained close to the $17,000 level in today’s session, with the global market cap trading 0.01% lower as of writing. Ethereum was largely unchanged, as prices continued...
Biggest Movers: ETC Moves Away From Multi-Month Lows, as XMR Extends Recent Gains
21.12.2022
Ethereum classic rallied for a second straight session on Wednesday, following better-than-expected U.S. consumer confidence data. The figures showed that confidence among American consumers rose to the highest level in eight months, with a reading of 108.3. Monero was also higher on the news,...
Bitcoin, Ethereum Technical Analysis: BTC Below $17,000, as ETH Nears $1,200 Breakout
16.12.2022
Bitcoin fell below $17,000 on Dec. 16, as bearish pressure continued to intensify following yesterday’s disappointing U.S. retail sales figures. Sales in the United States were down by 0.6%, which news came less than 24 hours after the Federal Reserve moved to hike interest rates. Ethereum...
Biggest Movers: DOGE, LTC Near 3-Week Lows on Thursday
15.12.2022
Dogecoin was trading close to a three-week low on Thursday, following the release of retail sales figures in the United States. Customer spending fell by more than expected in November, dropping by 0.6% last month. Litecoin slipped for a second successive session, falling to its lowest point since...