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Bitcoin, Ethereum Technical Analysis: BTC Surges Towards $30,000, Following Latest Microstrategy Filing
2.8.2023
Bitcoin moved towards the $30,000 level on Aug. 2, as markets reacted to the latest filings by Michael Saylor’s Microstrategy. In the second quarter the company reportedly added 12,333 BTC at a cost of $361.4 million. Ethereum jumped back above a key price floor of $1,850. Bitcoin Bitcoin...
Best Crypto to Buy Now 1 August – Trust Wallet, Rocket Pool, Immutable X
2.8.2023
Despite recent changes to macroeconomic policies, analysts warn that Bitcoin could still plummet to $25,000.
Data shows that the 50-day EMA has been persisting as resistance for the past week with Bitcoin having no significant changes to the upside.
Given these challenges, what are the best...
Bitcoin, Ethereum Technical Analysis: BTC Starts August Trading Below $29,000
1.8.2023
Bitcoin dropped below the $29,000 level to start the month of August, as the greenback continued to strengthen versus other G7 currencies. The U.S. dollar rose ahead of this afternoon’s manufacturing Purchasing Managers Index (PMI), which is expected to climb to a reading of 46.8. Ethereum...
Best Crypto to Buy Now 31 July – Optimism, Compound, Bitcoin Cash
1.8.2023
Bitcoin's price plunged under the psychologically significant support level of $30,000 over the past week, reaching a close of $28,874 today.
The Federal Reserve's decision to increase the rate by 25 bps on July 26 seems to have been largely shrugged off by Bitcoin, however.
As Bitcoin continues...
Bitcoin, Ethereum Technical Analysis: BTC Slightly Higher Ahead of This Week’s US Economic Data
31.7.2023
Bitcoin started the week trading higher, as markets prepared for a big week of economic data in the United States. The headline announcement will be Friday’s nonfarm payrolls, in addition to services and manufacturing activity data. Ethereum continued to trade above a key support point...
Bitcoin, Ethereum Technical Analysis: ETH Pushes Towards $1,900 to Start the Weekend
29.7.2023
Ethereum moved closer to the $1,900 level on Saturday, as cryptocurrency markets made marginal gains. At the time of analysis, the global market capitalization has risen modestly by 0.32%, mirroring the effects of Friday’s U.S. consumer sentiment report, which fell short of expectations....
Crypto Whales are Accumulating This New Web3 Coin Before It Lists on Exchanges – What Do They Know?
29.7.2023
In the burgeoning web3 industry, crypto-startup Launchpad XYZ is carving a unique niche. Not content to merely offer trading services, the company is bolstering its platform with educational resources, crypto presales analysis, and heightened security measures. ...
Read More: Crypto Whales...
Bitcoin, Ethereum Technical Analysis: BTC Hangs on to $29,000 Level, Despite Increased Market Volatility
28.7.2023
Bitcoin remained above a key support point on Friday, despite bears attempting to push the price below $29,000. Today’s session saw sentiment once again shift bearish, as U.S. consumer sentiment data looms. Ethereum was mostly unchanged in today’s session. Bitcoin Bitcoin (BTC)...
Best Crypto to Buy Now 27 July – Synthetix, Pepe, Maker
28.7.2023
Mark Yusko, the principal of Morgan Creek Capital Management, a fund management organization with $1.6 billion in its custody, shared some thought-provoking predictions about the future value of Bitcoin today.
He sees the most prominent cryptocurrency achieving a value of $300,000 by the end...
Bitcoin, Ethereum Technical Analysis: BTC Closes in on $30,000 as Markets React to Latest Fed Decision
27.7.2023
Bitcoin edged closer to the $30,000 level on Thursday, as markets reacted to the Federal Reserve’s decision to hike interest rates. The Fed increased rates by 25 basis points, and have hinted that they could make an additional move in September. Ethereum neared the $1,900 level today....
Best Crypto to Buy Now 26 July – Compound, Maker, Theta Network
26.7.2023
In a move to combat ongoing inflationary pressures in the U.S. economy, the Federal Reserve announced a 0.25% hike in its key interest rate, pushing it to a high of 5.5%—a level unseen in 22 years. Despite witnessing a decline in consumer prices for a consecutive 12-month period, June marked a rise...
Bitcoin, Ethereum Technical Analysis: BTC Consolidates, as Markets Prepare for 25-Basis-Point Fed Rate Hike
26.7.2023
Bitcoin consolidated marginally above the $29,000 level on Wednesday, ahead of today’s Federal Open Market Committee (FOMC) meeting. It is widely expected that the Fed will increase rates by 25 basis points, after holding off on hiking last month. Ethereum also remained mostly unchanged....
Bitcoin Risks Deeper Price Losses Below 50-Day Average: Analysts
26.7.2023
A break below the 50-day simple moving average would shift the focus to long-term support near $25,200, one analyst said
Best Crypto to Buy Now 25 July – Maker, GMX, Trust Wallet
25.7.2023
Prime Minister Fumio Kishida of Japan made a resolute statement today that could be a boon to crypto markets, reiterating the country's ambition to be at the forefront of Web3 innovation.
His remarks coincided with news that leading cryptocurrency exchange Binance plans to launch operations...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Find Price Support Ahead of US Consumer Confidence Report
25.7.2023
Bitcoin rebounded from a one-month low Tuesday, as markets prepare for the upcoming U.S. consumer confidence report. The confidence index is expected to increase to a reading of 111.5 in July, up from 109.7 the month prior. Ethereum also bounced higher, after colliding with a key price floor....
Best Crypto to Buy Now 24 July – Flex Coin, ApeCoin, The Graph
25.7.2023
Bitcoin is currently trading at $29,038 and has dipped by 3.47% so far today, likely due to market anticipation of the Federal Reserve's interest rate announcement on July 26.
The broader cryptocurrency market is also experiencing declines. Ether, the second-largest crypto, is down 2.39%...
Bitcoin, Ethereum Technical Analysis: BTC Nears Breakout Below $29K, With Key US Economic Events Looming
24.7.2023
Bitcoin neared a breakout below the $29,000 level on Monday, as traders prepared for this week’s Federal Reserve rate decision. In addition to the Fed meeting, consumer confidence data will also be released from the United States. Ethereum hit a three-week low. Bitcoin Bitcoin (BTC) was...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate Following Volatile Week of Trading
22.7.2023
Bitcoin consolidated around the $30,000 level to start the weekend, as traders attempted to find a firm price floor on Saturday. The market has been volatile during the past week, as recent winners took profits, following the XRP-related bull run. Ethereum remained below $1,900 on Saturday. Bitcoin...
Best Crypto to Buy Now 21 July – Chainlink, Compound, Stellar
21.7.2023
Bitcoin and the broader cryptocurrency market are experiencing a slump today, adding further pressure to an already tense market sentiment.
Despite reaching a 13-month high of almost $31,700 last week, Bitcoin's momentum has been dwindling since, with its price consistently falling below...
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $30,000 on Friday, a Week After XRP Ruling
21.7.2023
Bitcoin dropped below the $30,000 level on Jul 21, as market sentiment continued to trend lower in today’s session. This comes a week after cryptocurrency markets surged following the XRP ruling, however momentum has since faded as a result of profit taking. Ethereum was also down on Friday....