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JPMorgan sees higher BTC price potential, a16z unveils $4.5 billion crypto fund and PayPal hints at more crypto involvement: Hodler’s Digest, May 22-28
28.5.2022
Biggest Movers: DOGE Climbs Following Spacex News, XTZ Rebounds From Recent Losses
28.5.2022
DOGE rose on Saturday, following yesterday’s tweets from Elon Musk confirming that Spacex could soon accept the memecoin as a payment option for merch. Tezos was also higher to start the weekend, as it rose by nearly 5%. Dogecoin (DOGE) DOGE was one of the most notable movers in crypto...
After the Terra LUNA Fallout, Bitcoin Dominance Climbs Higher While Ethereum’s Valuation Shrinks
27.5.2022
Following the Terra LUNA and UST fallout, digital currency markets have dropped in value as the crypto economy dropped 6.93% from $1.356 trillion on May 22, to today’s $1.262 trillion. Amid the market carnage, bitcoin’s market dominance has increased to 43.8%, reaching the highest...
Bitcoin, Ethereum Technical Analysis: ETH Selloff Intensifies Heading Into the Weekend
27.5.2022
ETH was trading lower for a third straight session on Friday, as prices neared an 11-month low. This comes whilst the overall cryptocurrency market cap was down almost 1% as of writing. Bitcoin was slightly higher despite today’s increased volatility. Bitcoin Bitcoin marginally rose during...
Biggest Movers: XMR Hits 2-Week High, LRC Climbs for Fifth Straight Day
25.5.2022
Following a bearish start to the day, XMR climbed to a two-week high during today’s trading session. Gains in monero come as LRC also saw its price move higher, rising for a fifth consecutive day, as it approaches a multi-week high of its own. Monero (XMR) Monero extended a recent bullish...
Davos Watch: Real Interest Rates to Remain at ‘Nothing or Next to Nothing’ & Higher Inflation Target
25.5.2022
Inflation expectations in Europe have consistently drifted upwards, and despite rising nominal interest rates, the real rate is likely to be “nothing or next to nothing,” according to Klaas Knot, President of the Central Bank of the Netherlands. Meanwhile, a professor said that 3% is a more...
Assuming Bitcoin plays nice, higher timeframe analysis points to $90 Solana (SOL) price
24.5.2022
Solana continues to consolidate near the critical $50 price range, while bulls have begun to flirt with the idea of a possible upswing
As Countries Advance Fiscal Cooperation, Higher Taxes Could Come Crypto's Way - Davos
24.5.2022
Developed countries from across the world are moving towards increased fiscal cooperation that could lead to tighter taxation of corporations but also of personal assets under the so-called wealth tax, as indicated by the participants of a panel held during this year’s edition of the World...
fUSD stablecoin launch and rumors of Cronje’s return send Fantom (FTM) price higher
23.5.2022
FTM price recovers from its May 12 low after the launch of the fUSD stablecoin and the possible return of Andre Cronje
Bitcoin, Ethereum Technical Analysis: BTC Climbs Above $30,000 as Balenciaga Greenlights Crypto Payments
23.5.2022
Bitcoin rallied to above $30,000 to start the week, as bulls returned to crypto markets on Monday. The news comes as it was announced that fashion brand Balenciaga is set to accept crypto payments. ETH also moved higher on the news. Bitcoin BTC climbed to its highest point in four days earlier...
Bitcoin and Ethereum Inch Higher, NEO and FTM Rally
23.5.2022
Bitcoin price is showing positive signs above the USD 29,500 pivot level and is currently (11:30 UTC) testing the USD 30,500 level, having increased almost 2% in a day. It’s still down almost 3% in a week.
Similarly, most major altcoins are also moving higher. ETH must clear USD 2,120 to gain...
Bitcoin Held on Trading Platforms Continues to Drop Lower, Over 68% of the Total Held by 5 Exchanges
22.5.2022
Amid the market carnage tied to Terra’s recent fallout, bitcoin sent to exchanges saw a brief spike on May 7, jumping more than 2% higher from 2.481 million to 2.532 million bitcoin. Despite the recent increase of bitcoin sent to trading platforms, the number of bitcoins on exchanges today...
Biggest Movers: Cosmos Climbs 15%, as AAVE Nears a 10-Day High
20.5.2022
ATOM was trading over 15% higher on Friday, as prices rose for a second consecutive session. Today’s rise took ATOM to its highest point since the start of the week, and comes as AAVE neared a 10-day high. Cosmos (ATOM) ATOM was one of the biggest movers in Friday’s session, as price...
Bitcoin, Ethereum Technical Analysis: BTC Back Above $30,000 as Week Long Consolidation Continues
20.5.2022
This week’s whirlwind price swings in crypto markets continued on Friday, with BTC moving higher, following yesterday’s declines. Bitcoin has risen back above $30,000 on Friday, with ETH also climbing above its $2,000 point. Bitcoin Bitcoin was trading higher on Friday, as price...
Bitcoin Tests USD 30K, Ethereum at USD 2K, Altcoins Move Higher
19.5.2022
Bitcoin has held the key support level at USD 29,000 throughout the day, with more gains now likely as the coin tests resistance at the USD 30,000 level. As of 15:44 UTC, the number one cryptocurrency traded at USD 30,330, up almost 5% for the past 24 hours and 5% for the past 7 days.
At...
Bitcoin and Ethereum Trend Lower, Altcoins Slide, AXS Moves Higher
19.5.2022
Bitcoin price failed to start another increase, extended decline below USD 29,000, and even tested the USD 28,550 support zone before recovering. It is currently (04:05 UTC) consolidating losses near USD 29,200 and is down 2% in a day and up 1% in a week....
Read More: Bitcoin and Ethereum Trend...
SEC’s Gensler Uses Crypto Oversight Needs As Case for Higher Budget
18.5.2022
Gary Gensler, the head of the Securities and Exchange Commission, made a pitch for a higher budget Wednesday, telling lawmakers in the U.S. House of Representatives that he wants to do more as a cop on the cryptocurrency beat. He cited the collapse of TerraUSD (UST) as evidence for the need...
Biggest Movers: AVAX Rebounds on Tuesday, AAVE up Over 10%
17.5.2022
Global crypto markets are up over 2% during Tuesday’s session, with AAVE and AVAX two of the biggest tokens to rise. Both of these cryptocurrencies rebounded from losses during yesterday’s session, with AAVE trading as much 10% higher. Aave (AAVE) AAVE rebounded during...
Bitcoin, Ethereum Technical Analysis: ETH Remains Above $2,000, While BTC Recaptures $30K Level
17.5.2022
BTC moved away from Monday’s lows to surge above $30,000 on Tuesday, as crypto bulls pushed prices higher. ETH continues to trade above $2,000, with prices rising by as much as 4% during today’s trading session. Bitcoin Following a stint below $30,000 to start the week, BTC...
Plus500 Board Anticipates Higher FY22 Revenue Than Expectations
17.5.2022
Plus500 is expecting to beat the market expectations after its Board announced an estimated revenue of $628.4 million for FY22. Additionally, Plus500 is expecting to register its Earning Before Interest, Taxes, Depreciation, and Amortization at $290.5 million. Figures estimated by the Board...