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Bitcoin, Ethereum Technical Analysis: BTC, ETH Marginally Higher Following Monday’s Declines
23.8.2022
Crypto markets were back in the green on Tuesday, as bearish pressure marginally eased during today’s session. Ethereum rallied back above $1,600 earlier in the day, less than 24 hours after nearing a breakout below $1,500. Bitcoin was also higher, moving past the $21,000 level. Bitcoin...
Proposals for New Common Currency Resonate in Latam, to Undermine US Dollar Dependency
16.8.2022
Two new proposals for a new common currency to be established in Latam have been made recently. Former Brazilian president and candidate Luis Inacio Lula Da Silva mentioned the idea in May, and the president of the Colombian Congress, Roy Barreras, mentioned the same idea during the inauguration...
Bitcoin, Ethereum Technical Analysis: ETH Falls Below $1,900 as Markets React to Weakening Chinese Economy
16.8.2022
Ethereum fell below $1,900 earlier today, as crypto markets continued to react to disappointing economic data from China. Figures for July showed that both retail sales and industrial production in China had grown by less than expected, heightening concerns of an upcoming global recession. Bitcoin...
Biggest Movers: MATIC, SOL Move Towards 4-Month Highs on Saturday
13.8.2022
Polygon rallied to its highest point in nearly four months on Saturday, as the token climbed to the $1.00 mark to start the weekend. Solana was also trading at a multi-month high, as it rose by over 10% earlier in today’s session. As of writing, the global crypto market cap is trading nearly...
Biggest Movers: ETC Nears 4-Month High, LINK Hits Highest Point Since June
12.8.2022
Ethereum classic was trading close to its highest point since April, as the token rose by nearly 10% on Friday. Despite crypto markets being mostly in the red in today’s session, a handful of tokens managed to climb higher. Chainlink was another one of these tokens, as it hit a two-month...
Biggest Movers: ATOM Climbs to Highest Point Since May, While SOL Rises by Over 10%
11.8.2022
Cosmos rose to its highest point since May earlier in today’s session, as crypto markets surged on Thursday. The global market cap is trading over 6.27% higher as of writing, with bullish sentiment sweeping through. Solana was trading over 10% higher in today’s session . Cosmos (ATOM)...
Brazil Might Approve Its Cryptocurrency Law This Week
3.8.2022
This week, the Chamber of Deputies in Brazil might approve a cryptocurrency bill introduced earlier this year. According to the leader of the Federal Government in the Chamber, Ricardo Barros, the bill is set to be discussed, but there are still no reports on a possible vote as the Chamber is...
ECB Economists Suggest Limiting Access to Digital Euro to Protect Banks
30.7.2022
A group of economists evaluating the potential effects of a digital euro have insisted that restricting access to the upcoming currency is necessary to preserve the current financial system. Their study follows an earlier proposal to limit digital euro deposits at the European Central Bank (ECB)...
Bitcoin, Ethereum Technical Analysis: BTC Surges by $2,000, Climbing Above $23,000 as Fed Hikes Bank Rate
28.7.2022
Crypto prices surged in today’s session, as markets continued to react to the Federal Reserve’s latest interest rate hike. The Fed opted to raise rates by 75 basis points (bps) for a second consecutive meeting. Bitcoin briefly rose above the $23K mark earlier in the day, with ethereum...
Economists Say Fed Could Shrink Balance Sheet in 2023, Critics Insist Central Bank Hasn’t Reduced QE at All
26.7.2022
With inflation soaring in the U.S., economists from monetary policy analytics and forecasting firm LH Meyer say the U.S. Federal Reserve could stop shrinking its balance sheet earlier than expected. However, critics have said the U.S. central bank hasn’t really shrunk the Fed’s...
Bitcoin, Ethereum Technical Analysis: ETH Drops Below $1,400 Support, BTC Hits $21,000 Prior to Federal Reserve Meeting
26.7.2022
Ethereum fell below its recent floor of $1,500 earlier in today’s session, as bearish pressure intensified in crypto markets. Uncertainty in the market has heightened today, as traders prepare for yet another rate hike from the Fed. Bitcoin was also lower for a second consecutive day,...
Report: South Korean Prosecutors Raid Home of Terraform Labs Co-Founder
25.7.2022
A team of South Korean prosecutors recently raided the home of Terraform Labs co-founder Shin Hyun-seong. During an earlier raid that targeted 15 places, including seven cryptocurrency exchanges, the prosecutors reportedly secured terra transaction data. Seven Cryptocurrency Exchanges Targeted...
Biggest Movers: DOGE Drops Towards $0.05900 Support Level Despite Elon Musk Comments
23.7.2022
Dogecoin was down for a third straight session, despite Elon Musk stating earlier this week that Tesla was still holding the token. Polygon was also down, falling by almost 10% to start the weekend, as cryptocurrencies fell back into the red on Saturday. As of writing, the global crypto market...
Biggest Movers: SHIB Remains Close to 2-Month High, as BCH Extends Recent Gains
19.7.2022
Shiba inu was trading close to a two-month high on Tuesday, despite prices marginally falling from yesterday’s peak. As of writing, prices of the meme coin remained elevated, despite earlier gains easing. Bitcoin cash was also higher, rising for a seventh consecutive session. Shiba...
Bitcoin, Ethereum Technical Analysis: ETH Hits $1,600 as Crypto Surge Continues on Tuesday
19.7.2022
Ethereum rose for a seventh consecutive session on Tuesday, as prices briefly climbed above the $1,600 level. This move saw the token hit its highest level in over a month, and came as bitcoin also reached a nearly five-week peak, following gains made earlier today. Bitcoin Bitcoin (BTC) was up...
Biggest Movers: SOL Snaps Recent Losing Streak, as MATIC Moves Towards Resistance
12.7.2022
SOL was slightly higher on Tuesday, as prices rebounded following recent declines. The token bounced on its long-term support point earlier today, as bulls entered the market. MATIC also moved higher, colliding with its own price ceiling. Solana (SOL) SOL was trading marginally higher...
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, 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...
Lucky Player Wins A Second 5,000x Jackpot on Bitcoin.com’s Crypto Casino, Bags Another 3 BTC
8.7.2022
Book of Aztec unleashes the power of luck, and dishes out a massive 5,000x multiplier! A 3 Bitcoin Jackpot Was Awarded From a Small Bet of 0.0006 Bitcoin When it rains, it pours – but it’s pouring money, or more precisely bitcoin (BTC), for this lucky player on our crypto casino!...
Biggest Movers: ATOM Approaches 1-Month High, While MATIC Hits 1-Week High
5.7.2022
ATOM was fast approaching a one-month high during Tuesday’s session, as bullish momentum continued to rise following recent gains. This move comes as MATIC also climbed higher, hitting its highest level since June 29 in the process. Cosmos (ATOM) ATOM was trading higher on Tuesday, as prices...