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Bitcoin, Ethereum Technical Analysis: ETH up Nearly 10%, Crypto Markets Rally
4.2.2022
Following two consecutive sessions of declines, cryptocurrencies rebounded on Friday, as markets prepared for the first non-farm payrolls of the year. ETH was up 8% as of writing, with the crypto market cap 4.4% higher. Bitcoin On the first Friday of each month, non-farm payrolls in the United...
Technical Analysis: Solana Surges 15%, as Loopring Price Declines
1.2.2022
Solana was trading close to 15% higher on Tuesday, as crypto markets were mostly in the green to start February. This comes as markets look set to move past January’s red wave. Biggest gainers Cryptocurrency markets were mostly bullish during Tuesday’s session, with several projects...
Technical Analysis: Terra Luna Drops 20%, While Symbol Token Climbs on Friday
28.1.2022
Terra (Luna) was one of this week’s biggest crypto losers, falling by as much as 20% during Friday’s session. Declines in terra came as cosmos (ATOM) also had a double-digit decline. Biggest gainers Although crypto markets were mainly trading in the red, symbol (XYM) was one of...
Technical Analysis: Meme Coins, Avalanche Move Higher on Tuesday
25.1.2022
Meme coins were higher on Tuesday, as the global cryptocurrency marketplace rebounded from recent declines in price. Both DOGE and SHIB were trading close to 7% higher during the session. In addition to the meme coins, there were several other gainers on Tuesday, as both traders and long-term...
Dollar Declines for the Second Week Despite US Positive Data
22.10.2021
Friday witnessed the second week of decline in dollar rates in Asia, even though the US data presented a positive report. Lower than expected manufacturing statistics in the United States and rising wagers that monetary policy will be normal compared to the other nations contributed to...
Bitcoin Hashrate Drops 35% Intraday — Mining Difficulty to Drop by 23%
28.6.2021
Bitcoin’s hashrate experienced a large drop of almost 35% in a single day. The hashrate plummeted from 108 exahash per second (EH/s) yesterday to today’s 69 EH/s, seeing one of the sharpest declines in the network. This might be a consequence of the situation going on with miners...
Bitcoin Dominance Declines as ETH Breaks All Records
3.5.2021
On May 2, 2021, the cryptocurrency that ranked just next to Bitcoin in terms of market capital, Ether, had broken all records and made the headlines as it overcame the target of three thousand dollars and made it to the top of the competition. It must not come as a surprise, given that Bitcoin...
Non-Fungible Token Sales Begin to Dive, NFT Interest Declines, Finance Author Highlights NFT Oversupply
4.4.2021
Non-fungible token (NFT) assets and collectibles are starting to see sales decline and interest in NFTs is dropping as well. Additionally, it’s being said that an “oversupply of NFTs” may hurt the market, according to James Surowiecki the author of “The Wisdom...
Visa Boss Wants Company ‘in the Middle’ of Crypto as Cash ‘Declines’
17.3.2021
Alfred Kelly. Source: a video screenshot, Youtube, Business Live ME
The Visa CEO Alfred Kelly says that his company is set to embrace bitcoin (BTC)-related business in earnest, and claims that partnerships in both the crypto and stablecoin sectors are already in the pipelines – while adding...
Market Wrap: Bitcoin Hangs Around $18K While Ether Locked in DeFi Declines
19.11.2020
Bitcoin’s price pulled off the bull road for a rest stop Thursday while ether holders pull out of DeFi
Zero-sum game: DeFi declines while Bitcoin booms
3.11.2020
While Bitcoin’s value has increased by more than one-third since September, DeFi tokens have floundered. Are the two things related?
Bitcoin and Altcoins at Risk of Further Declines
24.9.2020
Bitcoin price failed to recover above USD 10,550 and extended its decline below USD 10,300. BTC even spiked below the USD 10,200 support and it is currently (08:30 UTC) consolidating near USD 10,330. If there is an upside correction, the price might face sellers near USD 10,400 and...
Bitcoin Nears $12K as Dollar Declines to 29-Month Low
1.9.2020
Sell-off in the U.S. dollar and ether's price rally power gains in bitcoin
Whales' Control Over Bitcoin Supply Declines - Research
7.8.2020
The largest holders of bitcoin (BTC) – also known as the whales – have long been known to hold a firm grip over the market. But according to a new study, their level of control has been falling over the past five years.
According to on-chain analysis firm Glassnode, the share of the BTC supply that...
Number of Bitcoin Whales Rises, but Their Wealth 'Declines'
17.6.2020
Although the number of bitcoin (BTC) whales is growing, it looks like some of the crypto world's biggest players now hold less BTC now than they did four years ago. They also hold less wealth in USD terms than they did three years ago, per a recent report from blockchain analytics firm...
Bitcoin Fees Fall 60% While Transaction Count Declines
30.5.2020
Bitcoin (BTC) average transaction fees dropped by nearly 60% in the last week, as the number of transactions queuing up to be processed on the network eased. According to data from Bitinfocharts, the cost of making a transaction over the Bitcoin blockchain fell to around $2.61 on May 28, down from...
US Real Estate Crisis: Home Sales Plunge to 9-Year Low, Mortgage Delinquencies to Soar Past Great Recession Level
24.5.2020
The US real estate market is facing a crisis as unemployment soars amid the coronavirus pandemic. Home sales have plunged to a nine-year low and a record-high number of homeowners are defaulting on their mortgage payments. The impact of the real estate crisis is also seen in rental and commercial...
Market Wrap: Bitcoin Price Volatility Declines in Contrast to S&P 500
15.4.2020
As coronavirus upends economic patterns, the S&P 500 continues a rocky run while bitcoin’s volatility has declined
Stellar Declines by 9% Over a Day; Still Looking for a Support Level
23.3.2020
XLM coin is testing support levels at $0.0364 as the coin is yet to halt the price decline Support area near $0.0369 has already been breached, and moving averages are in the negative zone too Technical indicators are exploring bearish areas while Stellar fails to start a rebound journey amid lack...
Stellar Price Declines by 17%; Recovery Doesn’t Seem Imminent
16.3.2020
XLM coin faced a steep price drop recently; it tested support levels at $0.033 The currency faced rejection at $0.040 yesterday; pullback was followed by a decline of 17% Yesterday’s mild bullish sentiment has turned into a strong bearish approach today after Bitcoin price again dipped below...