Cryptocurrency Analysis and News Portal
The mood across the cryptocurrency is one of growing anticipation as the price of Bitcoin (BTC) continues to trade just below $47,000. The sideways price action has analysts warning that an “explosive volatility period” is rapidly approaching but few have been willing to predict the direction of the breakout. While Bitcoin
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Ethereum failed to clear the $3,850 resistance and resumed decline against the US Dollar. ETH price is holding the $3,680 support, but there is a risk of more downsides. Ethereum started another decline from the $3,850 resistance zone. The price is trading below $3,750 and the 100 hourly simple moving average. There was
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Cardano (ADA) experienced a major downtrend in the past months as the crypto market took another swing for the lows. The sixth cryptocurrency by market cap has seen a year in the green as it managed to complete several upgrades on its mainnet. Related Reading | Biggest Cardano Based Cross-Chain NFT
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In the last five years, Ethereum has not only taken a significant market share from bitcoin, but it has consistently grown in the same time period. While bitcoin had maintained the majority of the market dominance for the longest time, it has not taken altcoins a long time to come
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In terms of price action, cryptocurrencies like Bitcoin (BTC) and Ether (ETH) are ending 2021 with a whimper, confounding expectations for an end-of-year blow-off top scenario. A six-figure Bitcoin by December became a consensus trade among many analysts, investors and market observers who were expecting the flagship cryptocurrency to replicate
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Crypto exchange Bullish said it is expanding to over 40 jurisdictions in Asia-Pacific, Europe, Africa and Latin America, giving institutional and retail investors access to its liquidity pools totaling more than $2 billion.Since it opened in November, the exchange has achieved 24-hour total trading volume of over $150 million, Bullish
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Bitcoin is forming a double bottom pattern near the $45,500 zone against the US Dollar. BTC is rising and there could be an upside break above $47,200. Bitcoin started an upside correction from the $45,500 support zone. The price is now trading near $47,000 and the 100 hourly simple moving average. There is
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Millennial millionaires are the subset of millionaires most bullish on crypto, a new CNBC survey has found. Millennials hold more of their wealth in cryptocurrencies compared to any other millionaire class and have said they plan to add more to their crypto investments next year. This indicates a move from
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Things are looking dark across the cryptocurrency market, especially for Bitcoin. But a potential reversal pattern called Morning Star could bring a return to the bullish narrative faster than the speed of light. Here is a closer look at the possible Japanese candlestick reversal pattern and the conditions necessary for
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Ether’s short-term pattern has turned bearish with the cryptocurrency finding acceptance under a crucial support.The native token of Ethereum’s blockchain fell more than 8% on Monday, falling below an uptrend line connecting July and September lows.Ether printed a UTC close under the widely-tracked 100-day moving average with the long-held support
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