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Bitcoin, Ethereum Technical Analysis: BTC Above $30,000 as ETF Hopes Intensify
20.10.2023
Bitcoin rallied to a three-month high on Friday, as market optimism grew that the Securities and Exchange Commission (SEC) could soon approve several spot bitcoin ETFs. As reported yesterday, SEC Chair Gary Gensler stated that the regulator is currently reviewing up to ten filings for the product....
Technical Analysis: What Do Bitcoin Traders Need To Know Right Now?
20.10.2023
Source: Pixabay
Bitcoin prices have been trading north of $28,000 lately, as the cryptocurrency fluctuates within a reasonably well-defined range.
The digital currency has experienced some minor price gyrations in the last few days, but it has remained stuck below $29,000, according to Coinbase...
Biggest Movers: SOL Moves Back Towards $25, ATOM Hits 16-Month Low
19.10.2023
Solana snapped a two-day losing streak on Thursday, as bulls pushed price back towards the $25.00 level. The cryptocurrency was unable to move past this level on Monday, which then prompted the aforementioned sell-off. Cosmos continued to edge lower today, falling to its lowest level in 16 months....
Bitcoin, Ethereum Technical Analysis: BTC Higher, as SEC’s Gensler Says Around 10 ETFs Are Being Reviewed
19.10.2023
Bitcoin edged slightly higher on Thursday, following comments from the Chair of the U.S. Securities and Exchange Commission (SEC), Gary Gensler. Gensler said the commission was currently reviewing eight to ten applications from firms looking to launch a bitcoin exchange-traded-fund (ETF). Bitcoin...
Bitcoin, Ethereum Technical Analysis: BTC Bulls Secure Gains, Following a Recent Multi-Month High
18.10.2023
Bitcoin stalled in today’s session, as traders consolidated gains, following a recent two-month high. The global market cap is trading 0.01% lower as of writing, with the cryptocurrency remaining above the $28,000 level. Ethereum has been marginally higher, and continues to hover around...
Biggest Movers: TON Hovers Above $2, ADA Bears End 4-Day Winning Run
17.10.2023
Toncoin rose for a third straight day on Tuesday, despite crypto markets mostly stalling in today’s session. At the time of writing, the global market cap is up 0.02%, as traders move to secure Monday’s gains. Cardano was in the red, following a four-day bull run. Toncoin (TON)...
Bitcoin, Ethereum Technical Analysis: BTC Remains Near 2-Month High, Following Strong US Retail Sales
17.10.2023
Bitcoin remained near a two-month high on Tuesday, as markets digested the latest retail sales figures from the United States. Sales, which account for two thirds of the U.S. economy, rose by 0.7% in September, 0.4% higher than expected. Ethereum briefly rose above $1,600. Bitcoin Bitcoin continued...
Bitcoin's Rising Dominance Rate Challenges Altcoin Boom From 2021
17.10.2023
The ascent in bitcoin's dominance rate is consistent with the bullish breakout in June, which marked the end of a prolonged range play between 38% and 48%
Bitcoin, Ethereum Technical Analysis: BTC Nears $28,000 as Hopes for Grayscale’s ETF Rise
16.10.2023
Bitcoin surged towards $28,000 on Monday, as markets continued to react to the Securities and Exchange Commission (SEC) decision not to appeal the Grayscale ruling. The decision now means that Graycale could soon move to convert its bitcoin trust into an exchange-traded fund (ETF). Ethereum edged...
Biggest Movers: SHIB Hits 6-Day High to Start the Weekend
14.10.2023
Saturday saw shiba inu climb to its highest point since Monday, as bulls made a slight return to the market. The meme coin rose by as much as 4% on Saturday, as the global crypto market cap made gradual gains to start the weekend. Solana was another notable mover, climbing above the $22.00 zone....
Bitcoin, Ethereum Technical Analysis: BTC Falls on Saturday, Following Brief Spell Above $27,000
14.10.2023
Bitcoin retreated from a brief spell above $27,000 on Saturday, as uncertainty in the market remained high to start the weekend. The global cryptocurrency market was marginally higher to start the weekend, trading 0.42% higher as of writing. Ethereum continued to consolidate above a recent floor...
Bitcoin, Ethereum Technical Analysis: BTC Bulls End a 5-Day Losing Streak
13.10.2023
Bitcoin ended a five-day losing streak on Friday, as the cryptocurrency appears to have found an interim price floor. This comes as traders continued to react to yesterday’s U.S. inflation report, which remained unchanged at 3.7%. Ethereum also edged marginally higher, following its...
Bitcoin, Ethereum Technical Analysis: BTC Under $27,000, ETH Hits 1-Month Low Ahead of US Inflation Report
12.10.2023
Bitcoin fell below the $27,000 level on Thursday, ahead of the upcoming inflation report in the United States. Consumer prices are expected to have risen by 3.6% in September, down 0.1% from the month prior. Ethereum plunged to a multi-week low. Bitcoin Bitcoin (BTC) fell for a fifth consecutive...
Understanding Support & Resistance in Crypto Trading
12.10.2023
In the world of crypto trading, there are many ways to identify opportunities, one of the most prominent methods being technical analysis. This is the study and general breaking down of charts using various indicators and charting patterns. One such technique is known as Support and Resistance...
Biggest Movers: DOGE Higher on Wednesday, After Falling to Recent 7-Week Low
11.10.2023
Dogecoin was marginally higher on Wednesday, after moving back above a recent support point during today’s session. The meme coin fell to a seven-week low on Monday, however bulls have moved to buy the dip. Toncoin was another token to rise, reentering the $2.00 region in the process. Dogecoin...
Bitcoin, Ethereum Technical Analysis: BTC Hits 10-Day Low, Caroline Ellison Confirms Fraud on Behalf of SBF
11.10.2023
Bitcoin slipped to a ten-day low in today’s session, as the trial of Sam Bankman-Fried (SBF) continues. Caroline Ellison, the former CEO of Alameda Research, alleged that she committed fraud at the behest of SBF. Markets also declined ahead of the upcoming U.S. Producer Price Index, which...
Best Crypto to Buy Now October 10 – Tezos, Cosmos, XDC Network
11.10.2023
New details came to light on October 10 in the ongoing trial of former FTX CEO Sam Bankman-Fried. Caroline Ellison, Bankman-Fried's ex-girlfriend and former head of affiliated firm Alameda Research, took the stand to deliver key testimony for the prosecution.
With the latest development...
Biggest Movers: MATIC Drops to 10-Day Low, ATOM Rebounds From Key Support Level
10.10.2023
Polygon fell for a fourth straight session on Tuesday, as traders pushed the cryptocurrency to a ten-day low. The decline comes as the global market cap remained in the red, having fallen by 0.37% at the time of writing. On the other hand, cosmos rebounded from its lowest point since mid-September....
Bitcoin, Ethereum Technical Analysis: BTC Consolidates Below $28,000 Ahead of Key US Economic Reports
10.10.2023
Bitcoin consolidated recent losses on Tuesday, as focus shifts to Wednesday’s Federal Open Market Committee (FOMC) minutes. Traders will look for guidance from the report, to see the Fed’s stance on the economy, after opting to keep rates unchanged last month. Ethereum remains below...
Best Crypto to Buy Now October 9 – Toncoin, Quant, Maker
9.10.2023
Federal prosecutors dealing with the fraud case against Sam Bankman-Fried are pushing to bar any mention of the defendant's hefty investment in artificial intelligence firm Anthropic during trial proceedings, according to court filings on October 8.
As the courtroom drama surrounding...