Cryptocurrency Analysis and News Portal
The Bitcoin (BTC) metric that nailed the pit of the 2022 bear market says its uptrend is still intact.In an X post on Aug. 22, creator of on-chain analytics platform LookIntoBitcoin shared some good news in the form of Bitcoin’s Realized Cap HODL Waves (RHODL).Analyst: “New money” flowing into Bitcoin
Read More
Bitcoin (BTC) further ground down volatility into Aug. 12 as “astonishing” BTC price action stayed in place.BTC/USD 1-hour chart. Source: TradingViewBitcoin: "Classic weekend chop" expectedData from Cointelegraph Markets Pro and TradingView followed a flat Bitcoin trading environment as the weekend began.After displaying only muted reactions to the week’s United States
Read More
Arthur Hayes, the former CEO of crypto derivatives platform BitMEX, thinks the worst might be over for Bitcoin (BTC) this cycle as the "largest most irresponsible entities" have run out of BTC to sell."Looking forward, pretty much everyone who could go bankrupt has gone bankrupt,” he said in the Dec.
Read More
Investor cost basis narrowly escapes a support/resistance flip as traders
Read More
In an interview on CryptoX's First Mover TV program, head economist of decentralized protocols at software company ConsenSys, said that cryptocurrencies respond to external events similar to other riskier assets. "The story about the macroeconomic environment is, if it allows consumers to have a larger budget – and certainly the
Read More
Strong technical indicators for the price of ethereum suggest that the bull run might only be beginning. Ethereum Has Bottomed? Ethereum [ETH] has had a recovery over the previous five days from its month-long demand zone in the $1,049 range. As a result of the recent run of green candlesticks, ETH is
Read More
Bitcoin (BTC) has been unable to close above $32,000 for the past 28 days, frustrating bulls and pushing the Fear and Greed index to bearish levels below 10. Even with June 6’s small boost, the tech-heavy Nasdaq stock market index is down 24% year-to-date.Investors who keep a close eye on
Read More
It has been a rough week for the cryptocurrency market, primarily because of the Terra ecosystem collapse and its knock-on effect on Bitcoin (BTC), Ethereum (ETH) and altcoin prices, plus the panic selling that took place after stablecoins lost their peg to the U.S. dollar.The bearish headwinds for the crypto market
Read More
MINA, a utility token backed by a "lightweight" smart contracts platform of the same name, continued its upside move nine days after rebounding from $1.58, its lowest level to date.The coin rallied by about 75% to reach $2.75 as of March 24 as traders weighed a high-profile funding rounds involving the
Read More
Bitcoin continues its uptrend leaving bears in disbelief. The first crypto by market cap got back in the green after a short squeeze brought it back from the underworld in the low $30,000s. Related Reading | TA: Why Bitcoin is At Risk of Drop Below $42,500 In Short-term As of press time,
Read More