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Bitcoin, Ethereum Technical Analysis: BTC, ETH Fall Lower, as US Consumer Confidence Hits 6-Month Low
31.5.2023
Bitcoin erased recent gains on Wednesday, as markets reacted to the latest points of U.S. economic data. One of which being consumer confidence, which dropped to a six-month low in May. Ethereum was also lower in today’s session, dropping below $1,900. Bitcoin Bitcoin (BTC) neared a breakout...
Bitcoin's next rally may be imminent, on-chain analyst points out
30.5.2023
On-chain data shows that an imminent Bitcoin rally could drive its price up to $32,000, says Glassnode lead-analyst James Check
Biggest Movers: XRP Hits 6-Week High, SOL Collides With Key Resistance Level
30.5.2023
XRP rallied to a six-week high in today’s session, as the token extended a recent bull run to a sixth day. Prices have risen by as much as 10% in that period, with the latest surge sending the cryptocurrency above $0.50. Solana was also higher, hitting a multi-week high of its own. XRP...
Bitcoin Mining Difficulty’s Record Setting Streak Shows No Signs of Stopping
30.5.2023
The difficulty of mining bitcoin is poised to set a new all-time high this week as miners continue to deploy new mining machines to cash in on recent spike in revenue
Bitcoin, Ethereum Technical Analysis: BTC Back Above $28,000, as ‘Death Cross’ Approaches
30.5.2023
Bitcoin was once again trading above $28,000 on Tuesday, as the 10-day and 25-day moving averages neared a death cross. The two trend lines have moved closer to one another, with an upwards bullish crossover somewhat imminent. Ethereum was also marginally higher today. Bitcoin Bitcoin (BTC) jumped...
Bitcoin Price and Ethereum Prediction: BTC and ETH Poised for 50% Retracement; Brief Market Analysis
29.5.2023
In this update, we will explore the predictions for these two leading cryptocurrencies, as they appear to be positioned for a significant 50% retracement.
We will discuss a brief analysis of the market conditions surrounding Bitcoin and Ethereum, highlighting key factors that may influence their...
Price analysis 5/29: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
29.5.2023
The news of a tentative debt ceiling deal bolstered Bitcoin’s price above $28,000, but higher levels continue to attract selling from the bears
Biggest Movers: BNB Hits 20-Day High, as LTC Extends Recent Gains
29.5.2023
Litecoin rose for a sixth consecutive session to start the week, as bullish sentiment returned to cryptocurrency markets. As of writing, the global market cap is up by as much as 2.50%. BNB was also in the green, hitting a 20-day high on Monday. Litecoin (LTC) Litecoin (LTC) was a notable mover...
Bitcoin, Ethereum Technical Analysis: BTC Above $28,000 as Biden Announces Debt Ceiling Deal
29.5.2023
Bitcoin climbed above the $28,000 level on Monday, as U.S. President Joe Biden confirmed that a deal was agreed in principle. Biden labeled the agreement a “compromise,” with Republican Kevin McCarthy calling it “historic.” Ethereum was also higher on the news, hitting...
Ledger CEO says crypto key recovery service makes self-custody easier
29.5.2023
Ledger’s “Recover” service may be concerning, but some crypto industry participants think the feature may onboard new users while helping crypto natives
Dogecoin Chart Pattern Suggests Volatility Explosion Ahead
29.5.2023
A technical analysis indicator called Bollinger bandwidth suggests dogecoin's unusual calm could soon end with a pronounced move in either direction
Mining difficulty passes 50 trillion — 5 things to know in Bitcoin this week
29.5.2023
Bitcoin fundamentals are blasting ahead as May comes to an end, while traders remain torn over BTC price strength
Bitcoin reclaims $28K, and charts suggest ARB, XRP, EOS and AAVE could follow
29.5.2023
BTC and stocks look to rally after US lawmakers potentially reach a deal on the debt ceiling
Biggest Movers: XRP Hits 1-Month High, After Moving Past Key Price Level
27.5.2023
One of Saturday’s biggest movers is XRP, which rose to a 30-day high earlier in today’s session. The token rose for a third consecutive day, as bulls returned to the market to start the weekend. Cardano was another notable gainer today. XRP XRP (formerly ripple), moved to a one-month...
Bitcoin, Ethereum Technical Analysis: BTC Nears $27,000 as Market Reacts to Latest US Personal Consumption Data
27.5.2023
Bitcoin moved closer to the $27,000 level on Saturday, as markets continued to react to the latest Personal Consumption data from the United States. The key inflation index rose to 4.4% in April, higher than expectations of a drop to 3.9%. Ethereum also edged higher. Bitcoin Bitcoin (BTC) rallied...
Best Crypto to Buy Now 26 May – AGIX, AXS, AI, ECOTERRA, OKB, YPRED, HT
27.5.2023
As May comes to an end, Bitcoin and Ether are struggling to gain momentum and are at risk of closing out the month lower.
Bitcoin has plateaued this week and may post its first monthly loss of 2023. Ether has ticked slightly higher but could also end May down from its open.
Given the recent slow...
Why have Bitcoin and crypto lost 60% of their market cap since their all-time highs?
26.5.2023
Cointelegraph analyst and writer Marcel Pechman explains why the cryptocurrency market has lost 60% of its market cap, with the S&P 500 only about 15% from its all-time high
Price analysis 5/26: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
26.5.2023
The recovery in the U.S. stock market seems to have acted as a catalyst for the relief rally in Bitcoin and select altcoins
Biggest Movers: MATIC Surged 5% on Friday, Hitting 18-Day High
26.5.2023
Polygon climbed to a multi-week high on Friday, as bearish sentiment in cryptocurrency markets began to fade. The global crypto market marginally rose during today’s session, following yesterday’s downturn. XRP was another notable gainer. Polygon (MATIC) Polygon (MATIC) was one...
Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,800, as Market Volatility Remains High
26.5.2023
Ethereum was once again trading above the $1,800 level, after a brief breakout during Thursday’s session. Prices rose by as much as 2%, as optimism grew that the U.S. debt ceiling could be increased. Bitcoin also marginally climbed, moving away from yesterday’s two-week low. Bitcoin...