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3 ways traders use moving averages to read market momentum
27.5.2021
The 20-day EMA and 50-day SMA are often used by traders to observe the market’s momentum and calculate the best time to enter and exit an asset
Bitcoin and Ethereum Gain Momentum, Altcoins Accelerate
26.5.2021
Bitcoin price remained strong above the USD 38,000 resistance level. BTC even broke the USD 40,000 level and traded close to USD 41,000. It is currently (12:20 PM UTC) correcting gains, but it might continue higher towards USD 42,000 in the near term.
Similarly, most major altcoins are gaining...
Bitcoin and Ethereum Show Signs of Revival, Altcoins Gain Momentum
20.5.2021
Bitcoin price remained well bid above the USD 35,000 level and it started a decent recovery. BTC broke the USD 38,000 and USD 40,000 resistance levels. It is currently (12:30 PM UTC) showing a few positive signs and it could continue to move higher towards USD 42,000.
Similarly, most major altcoins...
The Future of Ethereum in a Meme: Ultrasound Money
10.5.2021
The “ultrasound money” meme has been running in Ethereum based circles for some time, gaining momentum as the asset rises and rises in value during this bull market. While it is considered a joke by many, like a myriad of memes, it hides a very complex array of factors that contribute...
The Flip Side of NFTs: A Glimpse Into the Artists’ Unique Perspectives
9.5.2021
The incredible momentum of the nascent non-fungible token (NFT) market has attracted significant attention from collectors and investors alike. Still, one group that is notably benefiting from this paradigm shift is the artists behind these creative works. New Era for Art Emerges as a Net Positive...
Ethereum Climbs To USD 3.2K, Bitcoin and Altcoins Gain Momentum
3.5.2021
Bitcoin price settled above the USD 58,000 level. It is currently (12:00 UTC) trading above the USD 58,500 resistance level and it seems like the bulls are aiming a test of the USD 60,000 resistance zone in the near term.
Most major altcoins are gaining bullish momentum, including ethereum,...
Justin Sun: A Colorful Crypto Hawker or Surprising Business Savant?
23.4.2021
Although he is outspoken, raucous, and bombastic when it comes to his public persona, Sun’s questionable publicity stunts could be part and parcel of his strategy for catapulting Tron into the spotlight and capitalizing on crypto’s momentum. Bombastic Approach May Underpin Tron’s...
Torum Closes Million Dollars Private Round to Create Social Media Platform With NFT and DeFi
23.4.2021
PRESS RELEASE. Torum, a social media platform specially designed for cryptocurrency users, is proud to announce that the project is now backed by some of the most promising VCs in the crypto industry. The $1.45M private round was participated by 13 private investors which consist of AU21 Capital...
Bitcoin Consolidates, Ethereum Gains Bullish Momentum, DOGE Crashes
21.4.2021
After a strong rejection near USD 57,500, bitcoin price corrected lower. BTC traded below the USD 56,500 support zone and it is currently (04:30 UTC) trading below USD 56,000. If it fails to stay above USD 55,000, there could be a drop towards USD 53,200.
Conversely, most major altcoins are gaining...
B2Broker CEO Artur Azizov Discusses the Growing Momentum and Future of CBDCs
12.4.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Central banks across the world have started to implement CBDCs (Central Bank Digital Currencies), the sovereign equivalent of cryptocurrencies such as Bitcoin and Ethereum. The idea behind them is that...
Cryptojacking Activity Decreased for the First Time Since 2018, Says Intelligence Report
8.4.2021
Cryptojacking activity seems to be losing momentum, specifically types that mine monero, as a recent report unveiled a slowdown in the illicit crypto-mining activities in the cloud. A threat intelligence firm compiled the results. Report Focused on Cryptojacking Incidents With Monero According...
Ripple’s XRP Continues its Bullish Momentum, Crosses $1 Mark
7.4.2021
XRP, Ripple’s crypto-token, soared past the $1 price mark on Tuesday. This is a major achievement for Ripple ever since its 2018 all-time high of $3.31. On Tuesday, it gained up to 86%, and currently, its price stands at $1.05. XRP has been displaying a bullish movement throughout March when...
Polkadot’s Potential Gathers Momentum as Tether Joins the Ecosystem
6.4.2021
The largest stablecoin by market capitalization will be the first to enter the ecosystem as the Kusama canary network adds support for tether before the eventual deployments to parachains. Tether Inclusion Complements Polkadot’s Efforts to Attract More Defi Applications With cryptocurrency...
Bitcoin, Ethereum and Altcoins Gain Bullish Momentum
29.3.2021
Bitcoin price broke the key USD 57,000 resistance to move further into a positive zone. It is currently (12:30 UTC) trading well above USD 57,000 and it might accelerate higher towards USD 58,800.
Similarly, most major altcoins are rising and showing positive signs. ETH is up over 3% and it broke...
Chainalysis has crypto’s 'heightened momentum' to thank for multibillion-dollar valuation
26.3.2021
The company recently raised $100M in VC funds. How does it plan to spend that money?
Bitcoin and Ethereum Move Higher, Altcoins Gain Momentum
24.3.2021
Bitcoin price remained well bid above USD 53,200, resulting in a strong increase. BTC broke the main USD 55,000 and USD 55,500 resistance levels. It is currently (12:40 UTC) well above USD 56,000 and it might accelerate higher if there is a break above USD 57,000.
Similarly, most major altcoins...
Cryptocurrency Markets Catch Fresh Momentum, BTC Price Taps Psychological $60K Handle
13.3.2021
The price of bitcoin cracked a new all-time high on Saturday morning reaching $60,120 per unit at around 6:25 a.m. (ET). Bitcoin now has a 1.12 trillion-dollar market valuation and a dominance level of around 61.9% while ethereum now commands close to 12% of the $1.70 trillion capitalization of...
Bitcoin Balances on Exchanges Are Draining, Leading Platforms See $10 Billion in BTC Withdrawn in 4 Months
9.3.2021
Bitcoin prices have regained momentum during the last two days as the price per coin touched a March 2021 high at $54,822 on Tuesday morning (ET). Back in December 2020, it was noted that bitcoin on exchanges dropped to a three-year low and this year bitcoin exchange balances continue to plummet....
Canada's Bitcoin ETFs Losing Momentum, But Not Investors' Interest
4.3.2021
Bitcoin (BTC) exchange-traded funds (ETFs) in Canada seem to have lost their initial explosive growth, waning with other major plays in the market, but analysts argue that the interest in ETFs is still there.
The Purpose Bitcoin ETF (BTCC) was launched on February 18 as North America’s first...
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...