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Ethereum's native token Ether (ETH) has dropped by nearly 20% in the last three weeks, hitting monthly lows near $2,900 on April 19. But despite rebounding above $3,000 since, technicals suggest more downside is possible in the near term, according to a classic bearish pattern.Ethereum price 'bear flag' setup activatedDubbed
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At least one bank analyst says COIN’s sagging stock price is an opportunity to buy the dip. Source
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There is no denying that Bitcoin has been ripped to shreds by bears over the last several months after setting a new all-time high in November last year. Even with new highs, the rally is largely viewed as a failure without a dramatic cycle conclusion. But what if that rally was
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Data shows the number of active Bitcoin entities has been steadily going up, but the growth pattern still remains in the bear market channel. Number Of Active Bitcoin Entities Continues To Remain In Bear Market Channel As per the latest weekly report from Glassnode, the number of active BTC entities has observed
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The cryptocurrency market took a turn for the worse on April 11 after concerns related to rising inflation, the prospect of several more interest rates by the U.S. Federal Reserve and fear of a global food shortage led to widespread weakness across global financial markets.Data from Cryptox Markets Pro and TradingView
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Both exchanges plan to establish hubs in Dubai after the UAE moved to create a crypto-friendly regulatory regime. Original Source
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On-chain data shows the top 10 Bitcoin whale inflows are forming a historic bear signal right now, something that could spell trouble for the new rally. Bitcoin Top 10 Exchange Inflows (Whales) Form A Peak Recently As pointed out by an analyst in a CryptoQuant post, the BTC top ten exchange inflows
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“The Market Report” with Cryptox is live right now. On this week’s show, Cryptox’s resident experts discuss the best top coins to buy in a bear market.But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What
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On-chain data shows the Bitcoin NUPL metric currently has values that would suggest the bear market is yet to hit in full swing, if the coin is in one. Bitcoin NUPL Value Still Not As Low As Previous Bear Markets As pointed out by an analyst in a CryptoQuant post, the BTC
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The world, and therefore macroeconomic factors, is always in flux, and the world is a very different place than it was in mid-2021. Post-COVID-19 reopenings, inflation, supply-chain issues, world conflicts, unrest and revolution are creating new narratives and investment theses for bitcoin and other crypto assets. This is a good
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