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Biggest Movers: SHIB Hovers Higher, Despite Market Consolidation
6.9.2023
Shiba inu was a notable gainer in today’s session, as the cryptocurrency rose for a second straight session. The global market cap is marginally higher at the time of writing, as prices mostly consolidated. Solana retreated from a near one-week high. Shiba Inu (SHIB) Shiba inu (SHIB) was in...
‘Sequencers’ Are Blockchain’s Air Traffic Control. Here’s Why They’re Misunderstood
6.9.2023
Leading rollup operators are criticized for using "centralized sequencers" to package transactions and pass them down to Ethereum, but the real risks may lie elsewhere
Lawyers Push SEC to Approve Grayscale Bitcoin ETF ‘Expeditiously’
6.9.2023
Lawyers representing crypto asset manager Grayscale Investments urged the Securities and Exchange Commission (SEC) to “expeditiously” approve a spot bitcoin exchange-traded fund (ETF) in a letter sent to the agency. Grayscale’s letter follows a unanimous ruling by a panel of the U.S. Court...
Bitcoin, Ethereum Technical Analysis: BTC Consolidation Continues, as Moving Average ‘Death Cross’ Nears
6.9.2023
Bitcoin was largely unchanged on Wednesday, as moving averages closed in on a potential upward crossover. The potential for a “death cross” will likely be in the mind of would-be bulls, looking for an opportune time to reenter. Ethereum continues to hover close to a floor of $1,630....
Here’s why Bitcoin will hit $22K soon
6.9.2023
This week, The Market Report discusses why $22,000 is the next logical step for Bitcoin and why BitMEX co-founder Arthur Hayes claims the bull market started back in March
Bitcoin Set to Form Death Cross as Dollar Index Teases Golden Crossover
6.9.2023
A death cross indicates a potential long-term bearish shift in momentum while a golden cross suggests the opposite
Best Crypto to Buy Now September 5 – Maker, NEO, Polygon
6.9.2023
Visa announced on Tuesday that it plans to use the Solana blockchain for settling transactions with USDC, a major stablecoin.
The financial company stated that this decision could speed up cross-border payments and offer an updated method for transferring funds.
With widespread cryptocurrency...
Bitcoin range trades as volatility subsides, will TON, LINK, MKR and XTZ follow?
5.9.2023
Bitcoin’s failed breakout to the upside hints that range-bound price action could be set to continue. Meanwhile, TON, LINK, MKR and XTZ begin to perk up
Biggest Movers: DOGE Snaps a 6-Day Winless Run
5.9.2023
After six consecutive days of trading in the red, dogecoin rose higher on Tuesday, after bouncing at a key price floor. The meme coin was a notable gainer in today’s session, despite market sentiment mostly tracking lower. Polygon was also in the green, extending recent gains in the process....
Bitcoin, Ethereum Technical Analysis: BTC Slips Below Key Support Point as US Markets Reopen Following Labor Day
5.9.2023
Bitcoin moved lower on Tuesday, as U.S. traders returned from the Labor Day celebration, bringing back bearish sentiment with them. The global crypto market cap was down by 0.47% at the time of writing. Ethereum remained in the red, with price trading below a recent support point. Bitcoin Bitcoin...
Bitcoin Bulls Face Setback as Monthly Stochastic Indicator Turns Lower: Analyst
5.9.2023
At the end of August, bitcoin confirmed an overbought downturn in its monthly stochastic, a signal that has previously marked market peaks
JPMorgan Analyzes De-Dollarization Risk, Potential for Chinese Yuan to Displace US Dollar as Reserve Currency
5.9.2023
JPMorgan has provided an analysis of the risks of de-dollarization and the potential for the Chinese yuan to displace the U.S. dollar as the world’s reserve currency. The global investment bank says the renminbi could assume “some of the current functions of the dollar among non-aligned countries...
Cambridge University's Bitcoin Mining Index Gets an Upgrade for Precise Power Consumption Analysis – Here's the Latest
4.9.2023
The Bitcoin Electricity Consumption Index (CBECI), developed by researchers at Cambridge University’s Centre for Alternative Finance (CCAF), has been upgraded to reveal new information about Bitcoin mining’s global energy consumption.
Following the upgrade, the new estimate of all global energy...
Price analysis 9/4: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON
4.9.2023
Bitcoin price is range-bound but several major altcoins such as XRP are showing signs of a potential breakdown
Biggest Movers: XLM 7% Higher, TON Nears $2.00 Threshold
4.9.2023
Stellar surged by as much as 7% on Monday, despite sentiment in crypto markets being mostly bearish to start the week. The token rallied for a second straight session, after a recent collision with a key price floor. Toncoin also rose, hitting a fresh multi-month high. Stellar (XLM) XLM was one...
Bybit debuts AI-powered 'TradeGPT' for market analysis and data driven Q&A
4.9.2023
Cryptocurrency exchange Bybit has released a free AI-powered trading assistant delivering insights from the platform’s market data
Discover the Power of Real-Time AI Crypto Analysis with yPredict – Presale Now Open
4.9.2023
As cryptocurrencies continue to grow in popularity, the demand for more effective analysis tools also increases. yPredict, a new trading analytics platform, is one such cutting edge tool and is currently conducting a crypto presale to develop its real-time AI trading analysis suite. ...
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Bitcoin, Ethereum Technical Analysis: BTC Consolidates, ETH Avoids Falling Below $1,600 on Labor Day
4.9.2023
Sentiment in bitcoin remained bearish to start the week, as the cryptocurrency remained below $26,000 on Monday. Market volume was relatively low in today’s session, as a result of the U.S. Labor Day celebration. Ethereum was slightly higher, as the price managed to remain above $1,600....
Bitcoin flatlines again but TON, LINK, MKR, XTZ are poised for up-move
4.9.2023
Bitcoin’s failed breakout to the upside shows that the range-bound action could continue for some time but that may not hinder the bullish possibilities in TON, LINK, MKR, and XTZ
Biggest Movers: Ton 10% Higher on Saturday, Hitting Highest Level Since May
2.9.2023
Toncoin was easily one of the biggest movers in crypto markets to start the weekend, as price rose by over 10%. Saturday’s surge comes despite the global market cap mostly trending lower, having fallen by 0.43% as of writing. XRP was one of the tokens to fall, dropping below a key price...