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Bitcoin Trading in a Range Below USD 21,500, Ethereum Consolidating Gains, XRP Rallies
24.6.2022
Bitcoin price remained stable and settled above the USD 20,500 support. BTC is currently (11:38 UTC) attempting a clear move above the USD 21,200 resistance zone. A clear move might set the pace for a move towards USD 22,500.
Similarly, most major altcoins are slowly moving higher. ETH...
Bitcoin miner 'capitulation event' may have already happened — research
24.6.2022
Investigative work argues that on-chain metrics are proving miners have capitulated, while whales appear to be lone Bitcoin dip-buyers
Bitcoin and Ethereum Try to Gain Pace, SOL, XRP, and MATIC Rally
24.6.2022
Bitcoin price formed a base above the USD 20,500 support and moved above the USD 21,000 level. It is currently (04:03 UTC) trading near USD 21,070 and is up 4% in a day and over 3% in a week.
Similarly, most major altcoins are showing signs of an increase. ETH surpassed the USD 1,100 and...
Three Arrows Capital Allegedly Owes Voyager Digital $655M — Crypto Firm Is ‘Unable to Assess’ if It Can Recover the Funds
23.6.2022
According to reports, the TSX-listed Voyager Digital is another company that has been negatively affected by financial issues tied to the crypto hedge fund Three Arrows Capital (3AC). In a letter to investors, Voyager’s management explained that 3AC potentially defaulted on a $655 million...
'Foolish' to deny Bitcoin price can go under $10K — Analysis
23.6.2022
Investors need a plan to cater for every eventuality, as analysts still focus on $16,000 as a downside target
Ethereum risks 'bull trap' after 25% ETH price rebound
23.6.2022
ETH price faces headwinds from bearish technicals coupled with strong Ethereum investment outflows
Bitcoin, Ethereum Technical Analysis: Bullish Sentiment Returns to BTC Following Yesterday’s Sell-off
23.6.2022
Following yesterday’s drop in price, bitcoin stabilized during Thursday’s session, as prices hovered marginally below $21,000. Bulls are attempting to take BTC back towards this resistance level, which was broken as a result of Wednesday’s sell-off. Bitcoin BTC was trading...
Bitcoin hodler data hints BTC price 'really close' to bottom — analysts
23.6.2022
Short-term hodlers may be done with the bulk of their panic selling, while the Mayer Multiple shows buying the dip has rarely been more profitable
Bitcoin and Ethereum Inch Higher, MATIC Extends Its Rally, BNB Accelerates
23.6.2022
Bitcoin price is holding the key USD 20,000 support zone and moving towards USD 21,000 again. BTC is currently (11:43 UTC) trading near USD 20,700 and is unchanged in a day and down 8% in a week. A clear move above USD 21,000 and USD 21,200 could set the tone for a stronger increase....
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On the brink of recession: Can Bitcoin survive its first global economic crisis?
23.6.2022
Bitcoin has not seen a full-blown recession since it was launched as a response to the 2008 global financial crisis
Bitcoin and Ethereum Fluctuate Near Key Levels, MATIC Rallies
23.6.2022
Bitcoin price started a downside correction below the USD 20,500 support. BTC even spiked below the USD 20,000 level, but the downsides were limited. It is currently (04:10 UTC) trading near USD 20,200 and is down almost 1% in a day and 10% in a week.
Similarly, most major altcoins...
Following BTC’s Price Drop, Bitcoin Miners Benefit From a 2.35% Difficulty Reduction
23.6.2022
During the past week, Bitcoin’s hashrate has dropped a few percentages after reaching 288 exahash per second (EH/s) on June 8, 2022. Bitcoin miners, however, got a break on Wednesday, June 22, as the mining difficulty dropped by 2.35% making it easier for miners to find blocks. The 2.35%...
Report: Crypto Hedge Fund Three Arrows Capital Pitched a GBTC Arbitrage Trade Before Rumored Collapse
22.6.2022
Last week there was a lot of focus on the crypto hedge fund Three Arrows Capital (3AC) as the firm allegedly had a great deal of leveraged positions liquidated and there’s been speculation about insolvency. According to a recent report, 3AC’s over-the-counter (OTC) operation...
Tether Launches Stablecoin Pegged to the British Pound Sterling
22.6.2022
Tether, the company behind the largest stablecoin by market capitalization, has announced another fiat-pegged stablecoin called GBPT on Wednesday, tied to the value of the British pound sterling. The news follows Tether’s most recent launch of a Mexican peso-pegged crypto asset called MXNT....
Bitcoin price rises to $20.7K as Fed's Powell says more rate hikes 'appropriate'
22.6.2022
Testimony from the Fed Chair provides no surprises while risk assets meander on the Wall Street open
Bitcoin, Ethereum Technical Analysis: ETH Down, as Two-Day Winning Streak Ends on Hump Day
22.6.2022
Bitcoin hit a hurdle on hump day, as the world’s largest crypto token moved lower, following strong gains to start the week. ETH also slipped during today’s session, with prices moving back towards the $1,000 mark. Bitcoin Following two straight days of gains, BTC was lower on hump...
Bitcoin and Ethereum Struggle to Recover Further, Altcoins Dip
22.6.2022
Bitcoin price failed to stay above the USD 21,200 resistance zone and corrected below the USD 20,500 level. It is currently (12:48 PM UTC) trading near USD 20,200 and is down 4% in a day and almost 8% in a week.
Similarly, most major altcoins are also moving lower. ETH declined below USD 1,120...
Bitcoin price wicks below $20K as whales send 50K BTC to exchanges
22.6.2022
Bitcoin bulls lose their grip as BTC price action remains firmly below a key long-term trendline
Bitcoin Nears USD 20K, Ethereum Below USD 1.1K, WAVES Rallies, CEL Dumps
22.6.2022
Bitcoin price was able to recover above the USD 21,200 resistance zone but failed to stay in the positive zone and declined below USD 21,000. It is currently (04:04 UTC) trading above USD 20,300, with a risk of a downside break. BTC is down over 1% in a day and almost 9% in a week. ...
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Plan B’s Stock-to-Flow Price Model Denounced by Vitalik Buterin, Says Model Can Be ‘Harmful’
22.6.2022
For a few years now, the pseudonymous creator of the popular stock-to-flow (S2F) bitcoin price model, Plan B, has become a very well known bitcoin influencer gathering 1.8 million Twitter followers. However, after the S2F price model didn’t come to fruition and dropped well below the price...