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Bitcoin and Ethereum Reverse Gains, Altcoins Dip
11.7.2022
Bitcoin price failed to clear the USD 22,500 zone and started a fresh decline. It is currently (04:10 UTC) trading near USD 20,500 and is down over 3% in a day, but is still up over 6% in a week.
Similarly, most major altcoins trimmed gains. ETH is now trading well below the USD 1,200 zone. XRP...
70 to 90% Down — Crypto Economy’s Decline Shakes Out $2 Trillion in 8 Months
10.7.2022
During the past eight months, crypto assets have shed enormous value against fiat currencies like the U.S. dollar. Bitcoin has shed 69% since the leading crypto asset’s all-time high on November 10, 2021, when the digital currency’s value tapped $69K per unit. The crypto economy...
Fidelity Analyst: Bitcoin Is Cheap — Ethereum Could Be Near Bottom
10.7.2022
Fidelity’s director of Global Macro has shared his bitcoin and ether price outlook. His analysis shows that bitcoin is cheap but ether could be even cheaper. “Ethereum could be close to a bottom,” he added. Fidelity’s Director on Bitcoin and Ether Price Outlook Jurrien...
Ethereum Devs Delay Difficulty Bomb — ETH 2.0 Contract Surpasses 13 Million Ether Deposits
9.7.2022
On June 30, Ethereum developers delayed the network’s difficulty bomb via the Gray Glacier update, which means The Merge won’t happen at least until September 2022. Meanwhile, there’s now more than 13 million ethereum locked into the Beacon Chain worth $15.8 billion using...
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...
2 key Ethereum derivatives metrics suggest that $880 was ETH’s bottom
8.7.2022
Data shows Ethereum options traders are less bearish that before, and margin-based markets recently saw some investors go ultra-long on 491,000 ETH
Price analysis 7/8: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX
8.7.2022
Bitcoin and select major altcoins have risen from their recent lows, signaling an increase in volatility in the near term
SSV DAO To Commit Over $10M To Strengthen Future for ETH Staking
8.7.2022
SSV DAO is responsible for developing the ssv.network, an open-source distributed validator infrastructure committed to distributing grants to the development teams to help them decentralize the consensus layer of Ethereum in the development of its transition to POS. ssv.network is...
Bitcoin, Ethereum Technical Analysis: BTC Surges Above $22,000 Ahead of NFP Report
8.7.2022
Ahead of the latest nonfarm payrolls report, bitcoin rose to a multi-week high above $22,000 on Friday. The token climbed to its highest level in over three weeks, whilst ETH also rallied, rising above $1,200 for the first time in nearly two weeks. Bitcoin BTC rallied to a three-week high...
Bitcoin's USD 22,000 Test Fails, Ethereum Consolidating, MATIC Holding Gains
8.7.2022
Bitcoin price started a major increase above the USD 21,500 resistance zone. BTC even tested the USD 22,500 resistance before there was a downside correction. It is currently (11:49 UTC) trading around USD 21,600 and might attempt another increase.
Similarly, most major altcoins are eyeing more...
Bitcoin Tests USD 22K, Ethereum Accelerates, XRP Clears Hurdle, MATIC and AAVE Rally
8.7.2022
Bitcoin price started a stronger increase above the USD 20,500 resistance zone and even climbed above the USD 22,000 level. It is currently (04:57 UTC) trading near USD 22,100 and is up 8% in a day and 13% in a week.
Similarly, most major altcoins started a decent increase. ETH was able to clear...
Value Locked in Defi Swells by $7 Billion, Tron’s TVL Spikes 34.85%, Ethereum Dominates by 62%
7.7.2022
After tapping a 2022 low of $70 billion on June 19, the total value locked (TVL) in decentralized finance (defi) has increased by more than $7 billion. During the last seven days, the TVL in defi held within the Ethereum blockchain has increased by 4.47% as Ethereum’s TVL commands 62.92%...
First Mover Americas: ETH Climbs 4% and Traders are Optimistic Over Upcoming Merge
7.7.2022
The latest price moves in bitcoin ($BTC) and crypto markets in context, for July 7, 2022
Ethereum 2.0 stakers face a 36.5% larger loss than ETH spot investors — report
7.7.2022
The Ether losses risk becoming steeper due to unfavorable technical and macroeconomic indicators
Crema Finance Hacker Negotiates With Defi Project’s Team, Returns $8 Million in ETH and SOL
7.7.2022
Following the hack on July 2, 2022, the team behind the decentralized finance (defi) protocol Crema Finance detailed that after some negotiation, the hacker returned roughly $8 million in crypto assets. According to the team, the hacker agreed to take a white hat bounty worth 45,455 solana. Hacker...
Bitcoin and Ethereum Target Additional Gains, AVAX and ICP Accelerate
7.7.2022
Bitcoin is trying to increase its gains above the USD 20,000 zone and is currently (11:57 UTC) trading near USD 20,500. BTC is up almost 2% in a day and a week.
Similarly, most major altcoins are gaining pace. ETH is up over 4% and is eyeing a clear move above the USD 1,200 resistance. XRP...
Bitcoin and Ethereum Inch Higher, SAND and RUNE Outperform
7.7.2022
Bitcoin price is trading well above the USD 19,500 support zone. BTC even tested the USD 20,500 level. It is currently (03:51 UTC) trading near USD 20,400 and is up around 2% in a day and a week.
Similarly, most major altcoins are also moving higher. ETH tested USD 1,200 while XRP is fluctuating...
Price analysis 7/6: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, LEO
6.7.2022
Bitcoin and select altcoins are making an attempt at flipping key resistance levels, but negative news-flow and selling from BTC miners could continue to weigh on market sentiment
Bitmain Launches 2,400 Megahash E9 Ethereum Miner Ahead of The Merge
6.7.2022
On July 6, the crypto mining rig manufacturer Bitmain announced the launch of the highly anticipated Antminer E9 after revealing the device on April 15, 2021. The machine boasts speeds of up to 2.4 gigahash per second (GH/s) and Bitmain is selling the device for $9,999 per unit. Bitmain Launches...
Bitcoin, Ethereum Technical Analysis: BTC Hovers Slightly Above $20,000, as Crypto Volatility Continues
6.7.2022
BTC was trading higher on hump day, as bullish momentum picked up as the week progressed. Prices once again tested a key resistance level above $20,000, with ETH also hovering around a ceiling of its own during Wednesday’s session. Bitcoin Bitcoin was trading in the green for most...