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Bitcoin Price Rally Failed to Attract Active Users, Exchange Flows Reveals 'Lackluster' Demand – Glassnode
24.8.2022
The recent uptrend for bitcoin (BTC) did not attract a new wave of active users, while exchange flows also suggest a “relatively lacklustre influx of capital,” the on-chain analytics firm Glassnode has found....
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Bitcoin, Ethereum Technical Analysis: ETH Moves Towards $1,700, BTC Largely Unchanged
24.8.2022
Ethereum moved closer to $1,700 in today’s session, as prices continued to rebound following recent losses. Bitcoin was largely unchanged from Tuesday’s session, as the world’s largest cryptocurrency was once again trading above $21,000. As of writing, the global crypto market...
Bitcoin and Ethereum Aim At Key Upside Break
24.8.2022
Bitcoin price consolidated above the USD 21,000 support zone. BTC is still struggling to gain pace above the USD 21,650 resistance. It is currently (11:20 UTC) showing a few positive signs and might start a recovery wave towards USD 22,000.
Similarly, most major altcoins are facing important...
Second Biggest Brazilian Bank Bradesco Not Interested in Crypto, Alleges It Is Still ‘Very Small’
24.8.2022
Bradesco, one of the biggest banks in Brazil, has stated it does not have plans to enter the cryptocurrency market in the near future. In an interview, Bradesco CEO Octavio de Lazari Junior stated that the company was currently not interested in launching crypto services to its customers...
New fix for curse of Impermanent Loss proposed on Avalanche
24.8.2022
Trader Joe says its "Liquidity Book" will mitigate the impermanent loss "suffered by so many liquidity providers on other DEXs" during times of market turbulence
Bitcoin and Ethereum Stuck In Range, Altcoins Struggle
24.8.2022
Bitcoin price remained in a range above the USD 21,000 support zone. BTC made a few attempts to clear the USD 21,650 resistance but failed. It is currently (04:00 UTC) trading in a range and might soon make the next move.
Similarly, most major altcoins are struggling to start a recovery wave....
SEC Chairman Says Crypto Should Be Treated Same as Other Capital Markets
24.8.2022
SEC Chairman Gary Gensler says that there is no need to treat the crypto market differently from other capital markets. Noting that “the SEC will serve as the cop on the beat,” Gensler encouraged crypto trading and lending platforms “to come in and talk to SEC staff.”...
Crypto Winter ‘Could Be Over’ as Investors Add to Positions, Says Market Analyst
23.8.2022
If investors continue to increase their exposure, crypto could see “momentum really come into place,” OANDA Senior Market Analyst Edward Moya said, on CoinDesk TV’s “All About Bitcoin.”
A bullish Bitcoin trend reversal is a far-fetched idea, but this metric is screaming 'buy'
23.8.2022
Non crypto-related factors continue to weigh on BTC price, but a key on-chain metric that called previous market bottoms suggests Bitcoin is severely undervalued
Market Wrap: Crypto Assets Rise Following Soft Home Sales in July
23.8.2022
Terra’s 2 Classic Coins Mysteriously Spike in Value, USTC Climbs 42% Higher in 24 Hours
23.8.2022
During the last 24 hours, crypto asset prices have improved as the global cryptocurrency market capitalization today has risen 1.9% to $1.07 trillion. Interestingly, the two so-called ‘defeated’ Terra blockchain tokens, now called terraclassicusd (USTC) and luna classic (LUNC), have...
Biggest Movers: ATOM up 12% on Tuesday, as NEAR Snaps Losing Streak
23.8.2022
Cosmos was a notable gainer on Tuesday, as prices of the token rose by as much as 12% in the day. Today’s surge sees the cryptocurrency climb for a third straight day, hitting a five-day high in the process. Near protocol was also in the green, as it rebounded following recent declines....
What crashed the crypto relief rally? | Find out now on The Market Report
23.8.2022
On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss what factors lead to the collapse of the bear market rally
Tornado Cash saga highlights legal issues affecting the crypto market
23.8.2022
As support for Tornado Cash developer Alexey Pertsev mounts, questions regarding the legality of his arrest and the future of DeFi innovation continue to come to the forefront
First Mover Americas: Crypto Market Cap Falls Below $1 Trillion as Momentum Fades
23.8.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for August 23, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
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...
Metaverse promises: Future of Web3 or just a market gimmick?
23.8.2022
The hype around metaverse has taken a hit after recent turmoil in crypto markets, but industry leaders and stakeholders still see it as the future of Web3
Crypto Market Regains Ground Ahead of Key US Jackson Hole Meeting
23.8.2022
The crypto market on Tuesday saw cautious optimism ahead of an annual key meeting of global central bankers known as the Jackson Hole Symposium, with prices of both bitcoin (BTC) and ethereum (ETH) climbing higher for the past 24 hours.
The Jackson Hole Symposium is scheduled to begin in Wyoming...
Bitcoin and Ethereum Struggle To Clear Hurdles, ATOM Surges
23.8.2022
Bitcoin price started an upside correction above the USD 21,200 resistance zone. BTC is currently (11:20 UTC) facing resistance near USD 21,500 and USD 21,650. A clear move above USD 21,650 might start a steady increase.
Similarly, most major altcoins are facing important hurdles. ETH...
Phemex Mobile App: A One-Stop Shop for All Your Crypto Trading Needs
23.8.2022
As a crypto trader, you have to be on your toes. From checking market conditions to tracking your portfolio, there are many things to keep track of. Whether a newbie or a pro, it’s essential to pick a reliable and user-friendly platform to help you make informed decisions from the get-go...