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Bitcoin, Ethereum Technical Analysis: BTC Falls Below $22,000 to Start the Week
11.7.2022
Bitcoin started the week in the red, as Monday saw prices fall for a second consecutive session. Following a recent run towards $22,000, the world’s largest crypto dropped below $21,000 earlier today, with ETH slipping below $1,200. Bitcoin Bitcoin dropped below $21,000 on Monday, as prices...
Bitcoin and Ethereum Look for Direction, XMR and CHZ Outperform
11.7.2022
Bitcoin price settled below the USD 21,200 pivot level. BTC is currently (11:49 UTC) consolidating near the USD 20,500 level and is down almost 4% in a day and up over 6% in a week.
Similarly, most major altcoins are showing bearish signs. ETH is struggling and might break the USD 1,120 support....
Sports sponsorships sealed amid market turmoil as Man City inks deal with OKX
11.7.2022
Manchester City fans will also have a chance to win season tickets in the OKX Hospitality Box via scanning QR codes on street art commissioned by the crypto exchange
Bitcoin and Ethereum Reverse Gains, Altcoins Dip
11.7.2022
Bitcoin price failed to clear the USD 22,500 zone and started a fresh decline. It is currently (04:10 UTC) trading near USD 20,500 and is down over 3% in a day, but is still up over 6% in a week.
Similarly, most major altcoins trimmed gains. ETH is now trading well below the USD 1,200 zone. XRP...
Despite the Price Drop, Number of Bitcoin Held on Exchanges Continues to Slide
10.7.2022
Roughly 49 days ago, the number of bitcoin held on exchange was around 2.503 million, according to statistics recorded by cryptoquant.com. Since then, $4.76 billion worth of bitcoin has been removed from centralized crypto exchanges, as there’s 2.275 million held on trading platforms today....
70 to 90% Down — Crypto Economy’s Decline Shakes Out $2 Trillion in 8 Months
10.7.2022
During the past eight months, crypto assets have shed enormous value against fiat currencies like the U.S. dollar. Bitcoin has shed 69% since the leading crypto asset’s all-time high on November 10, 2021, when the digital currency’s value tapped $69K per unit. The crypto economy...
Bitcoin’s ‘Fundamental Value Is Not in Line With Market Price’ — Crypto Miner
10.7.2022
Profitable bitcoin mining is essentially a result of an efficient and highly skilled team of professionals that can maintain runtime, a founder of a Bitcoin mining company has asserted. Therefore, even when the price is hovering around $20,000, a bitcoin miner with these attributes can still...
Bitcoin tourists exit the market, Peter Schiff’s bank closes down and Voyager to restructure: Hodler’s Digest, July 3-9
9.7.2022
Biggest Movers: ATOM, DOT Hover Below Key Resistance Levels on Saturday
9.7.2022
ATOM and DOT were trading in a sideways trend on Saturday, as crypto markets were mainly in consolidation mode to start the weekend. The majority of the cryptocurrency top 100 was marginally lower, as traders seemingly consolidated their gains from this week’s action. Cosmos (ATOM) After...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate on Saturday, Following Recent Gains
9.7.2022
Bitcoin was marginally higher to start the weekend, as bulls were able to fight through Friday’s volatility. Prices of the world’s largest token rose above $22,000 earlier in the session, whilst ETH continues to trade above $1,200. Bitcoin BTC was trading marginally in the green...
Russia’s Finance Ministry Supports Circulation of Stablecoins in Country
9.7.2022
The Russian Ministry of Finance is ready to back the legalization of transactions with stablecoins in Russia, according to a high-ranking representative. While the ministry recognizes that cryptocurrencies could lay the ground for a new financial system, the department is unsure if it will...
Argentinian Exchange Ripio Presents Crypto Educational Textbook and Web3 Metaverse Wallet
9.7.2022
Ripio, an Argentina-based cryptocurrency exchange, announced the launch of two products, a cryptocurrency educational textbook to help newcomers navigate the crypto market, and a Web3 wallet that the company aims to position as an easy gateway to the metaverse. While other Latam-based exchanges...
5 events that could put an end to the current crypto bear market
8.7.2022
Crypto bear markets are rough, but there are five moonshot events that could turn the ship around
Market Wrap: Bitcoin Gains for Third Consecutive Day as Binance Launches Zero Trading Fees
8.7.2022
BTC recovered from an early dip below $20,000 to regain its perch above the psychologically important threshold
Bitcoin Outperforms Gold by Wide Margin After Strong Week
8.7.2022
Bitcoin (BTC) finally outperformed gold by a wide margin this week, after a long period where gold has performed significantly better than its digital cousin.
The outperformance of gold by bitcoin came during what has been a strong week for the digital currency, which has moved from just over...
Bitcoin Price Outlook for July — Traders Remain Concerned About Upcoming Fed Rate Hike and Bankrupt Crypto Firms
8.7.2022
During the first week of July, bitcoin prices have risen to their highest level since mid-June, coming as U.S. Non-Farm Payrolls handsomely beat expectations. However, as we head into the remaining weeks of the month, questions still linger on if this momentum can be maintained, despite the current...
Biggest Movers: MATIC Rises for 5th Straight Session, While AAVE Is up Nearly 10%
8.7.2022
MATIC was one of Friday’s notable movers, as prices of the token rose for a fifth consecutive session. This came as crypto markets were mostly in the green for the majority of the day’s session, with AAVE hitting a two-week high. Polygon (MATIC) MATIC was a notable mover on Friday,...
Analysts Discuss 'Inherent Resilience' in Bitcoin & Crypto as Rally Fades
8.7.2022
Major cryptoassets gave back some of their previous gains in early European trading on Friday after a strong overnight session that briefly sent bitcoin (BTC) above the USD 22,000 mark, helped by improving risk sentiment on Wall Street on Thursday. Despite the losses in early trading, the coin...
Spanish Exchange 2gether Blocks Operations, Affecting 100,000 Users
8.7.2022
2gether, one of the oldest cryptocurrency exchanges in Spain, has suddenly blocked its operations, leaving its users without access to their accounts. The platform informed it had to take this action due to the current situation of the market in an email directed to customers. In addition,...
Bitcoin, Ethereum Technical Analysis: BTC Surges Above $22,000 Ahead of NFP Report
8.7.2022
Ahead of the latest nonfarm payrolls report, bitcoin rose to a multi-week high above $22,000 on Friday. The token climbed to its highest level in over three weeks, whilst ETH also rallied, rising above $1,200 for the first time in nearly two weeks. Bitcoin BTC rallied to a three-week high...