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Bitcoin and Ethereum Stuck In Range, Major Altcoins Struggle
8.7.2021
Bitcoin price failed to surpass the USD 35,000 resistance and it started a fresh decline. BTC broke the USD 34,000 support zone. It is currently (04:29 UTC) trading below USD 33,500 and there is a risk of more downsides.
Besides, most major altcoins are also showing a few bearish signs. ETH failed...
Bitcoin bounces at key range amid hope BTC price will avoid 'big nuke'
2.7.2021
A major dip to $20,000 is not expected, one trader says, but lower levels in general are still on the cards going into the weekend
Bitcoin bounces off $30K amid 'possibility' of exit to mid-$40K range
27.6.2021
A successful Wyckoff culmination could see BTC price action target levels north of $40,000 again, one analysts says
Bitcoin and Ethereum Start Range Trading, TRX, DOGE Accelerate
24.6.2021
Bitcoin price corrected lower after it failed to test the USD 35,000 resistance. BTC declined below USD 33,500, but it remained well bid above USD 32,200. It is currently (12:29 PM UTC) trading in a range and it could climb back above USD 34,000.
Similarly, most major altcoins are trading above...
Here’s how pros safely trade Bitcoin while it range trades near $40K
14.6.2021
Traders who are unsure about Bitcoin’s chance of continuation above $40,000 can use a combination of protective put options to generate profit
Analyst Claims Bitcoin Will Break $40K Threshold, S2F Audit Shows BTC Could Tackle $85K by Year’s End
14.6.2021
Bitcoin prices have been range-bound and consolidating for quite some time but jumped over 9% in the last 24 hours after Elon Musk’s tweet on Sunday. A number of crypto analysts are still unsure about bitcoin’s future price while a few expect a rebound from last month’s lows....
Lebanese Economy Crashes to New Lows – In Less Than Two Years Nation’s Currency Lost 90% Against the US Dollar
14.6.2021
The Lebanese pound dropped to a new low on Sunday against the greenback trading in the low 1,500s range to the U.S. dollar. Lebanon’s currency has been in a downward spiral since 2019, as the pound has lost 90% of its value since then. Reports note that Lebanese citizens are facing shortfalls...
Market Wrap: Bitcoin in Tight $35K-$36K Range; Ether Volumes Still Beating BTC
7.6.2021
Ether’s dominance is at 19.78%, the highest it has been since May 16
Bitcoin Bull Mike Novogratz Insists ‘Crypto Revolution Has Happened’ Despite Falling Prices, liquidation
22.5.2021
Galaxy Digital CEO Mike Novogratz says that despite massive sell-offs across a broad range of cryptocurrencies, the story of crypto has not changed and “the crypto revolution has happened.” While viewing the current market as a “liquidation event” and a setback, Novogratz...
ECB Vice President Says Crypto Assets Are ‘Not a Real Investment’ Citing Weak Fundamentals
20.5.2021
The vice president of the European Central Bank (ECB), Luis de Guindos, has warned that crypto assets are “not a real investment” and are “subject to a lot of volatility.” His comments followed massive sell-offs across a broad range of cryptocurrencies. ECB VP Says Crypto...
Even The Mormon Church Made Money On GameStop
19.5.2021
The Church of Jesus Christ of Latter-Day Saints (known to everyday people as the Mormons) made bank off the boom in GameStop stock earlier this year, new SEC filings reveal. The Church saw a gain of over 900% on stock owned through its secretive investment arm, Ensign Peak Advisors.Read more
Ethereum Hits New ATH, While EOS, YFI Skyrocket, Bitcoin Still Range Bound
12.5.2021
Bitcoin price formed a base above the USD 55,500 level and started a steady recovery. BTC traded above the USD 56,500 resistance and is currently (04:40 UTC) trading above USD 57,500. However, the price is still facing many hurdles ahead.
Meanwhile, most major altcoins are gaining bullish momentum....
Range-bound Bitcoin price opens the door for altcoins to move higher
3.5.2021
Bitcoin remains pinned below $58,000 while Ethereum price soars to new highs and the number of ETH held on centralized exchanges falls
TrustSwap and Yield Launch a New FlashDrop Program to Incentivize Smaller Stakers
22.4.2021
TrustSwap — a DeFi project offering a wide range of different services — recently announced the launch of a new program that was created to provide an incentive for smaller stakers. The program, known as the FlashDrop program, will essentially reward up to 3,000 users that have staked...
Bitcoin and Ethereum Stuck In Range While Altcoins Rally
7.4.2021
Bitcoin price failed to stay above USD 59,000 and corrected lower. BTC traded below the USD 58,500 and USD 58,000 support levels. It is currently (04:00 UTC) trading above USD 57,000 and it is seemingly preparing for the next major move.
Besides, most major altcoins are slowly gaining pace. ETH...
Soros Fund, New York Life, Morgan Stanley Among Investors of $200 Million in Bitcoin Investment Firm
9.3.2021
Soros Fund Management, New York Life, and Morgan Stanley have joined Stone Ridge Holdings, Massmutual, FS Investments, and Bessemer Venture Partners to invest in bitcoin-focused investment company NYDIG. They will collaborate on a range of bitcoin-related strategic initiatives, and expect to launch...
Bitcoin to Reach $100K to $288K in 2021? Stock-to-Flow Models Suggest It Could
3.3.2021
The creator of the notorious stock-to-flow model (S2F), Plan B has recently detailed that the price of bitcoin has surpassed the S2F model price by 26%. The strong momentum has a number of crypto enthusiasts thinking that bitcoin prices reaching the $100k to $288k range by the year’s end...
Nvidia Limits the Efficiency of Mining Ether Using Its GPUs by 50%
22.2.2021
Nvidia announced that it will start limiting the efficiency of mining ethereum or any other crypto using its new range of upcoming graphics processing units (GPUs). In a blog post published Feb. 19, the U.S. hardware maker said this limitation will feature first on its new Geforce RTX 3060 card...
2021 Bitcoin Price Predictions: Analysts Forecast BTC Values Will Range Between Zero to $600K
12.2.2021
As bitcoin has touched new price highs on Thursday nearing the $50k handle, people have been curious as to where the price will go in the future. Meanwhile, despite the gains so far, a number of luminaries, analysts, executives, and proponents from the crypto space believe the leading crypto asset...
Crypto Markets Surge, ETH Price Rallies, Bitcoin’s Tight Range Indicates Big Move Ahead
3.2.2021
Digital currency markets have been on the move northbound on Wednesday as bitcoin and numerous crypto assets have seen decent gains. The entire crypto-economy has once again crossed the $1 trillion mark as a myriad of digital currencies jumped anywhere between 5-20% in value during the last...