Cryptocurrency Analysis and News Portal
Bitcoin price is showing positive signs above $55,000 against the US Dollar. BTC is likely to surpass $58,000 and trade to a new all-time high in the near term. Bitcoin climbed further above the $55,500 and $57,000 resistance levels. The price is now consolidating above $55,000 and it is well above the
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Bitcoin and Ethereum are down from their recent 2021 highs, but compared to their traditional market counterparts, have shown more resilience during the recent “royal macro beating.” Here’s why one top economist and investor says this is incredibly bullish for the two titan cryptocurrency assets. Royal Macro Beating Can’t Take Down Bullish
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Cardano (ADA/USD) bounces off a critical support trendline during the Asia-Pacific trading session Friday. The blockchain asset expects to close above key moving average waves on the prospect of turning into a multi-asset chain following its hard fork on March 1. Nonetheless, a death cross formation offsets the probability of more price
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Historical data shows that it is nearly impossible to consistently predict Bitcoin’s price action and many traders that attempt this end up losing money. Now that Bitcoin trades near $50,000, the ultimate goal for most traders is to hold on to their current holdings and incrementally add to them in
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Decentralized finance and the numerous platforms offering investment services have been the talk of the cryptocurrency sector for several months, and this has resulted in investors capturing spectacular gains for some of the top DeFi tokens like Uniswap's UNI and AAVE. The fast-moving prices and 1,000% annual percentage yield on staked
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The Wedbush analyst has positively rated Microsoft shares for the past 2 years. During this period, the tech company has had a one-year high of $245.92 and a one-year low of $132.52.Popular Wedbush analyst Daniel Ives has placed a buy rating on the shares of Microsoft Corp (NASDAQ: MSFT) and
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Editor’s Note: Happy Chinese Lunar New Year! First Mover will not publish on Monday, February 15, which is Presidents’ Day in the U.S. Cryptocurrency markets will be open, as they always are. Price PointBitcoin (BTC) was lower, after pushing early Friday to an all-time high price of $48,925, based on
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The ongoing price rally in the Bitcoin market paused on Friday as traders decided to secure their short-term profits against the strengthening US dollar, even though a long-term outlook showed the flagship cryptocurrency in a vital state. The BTC/USD exchange rate dropped to an intraday low of $46,845 during the European
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Ether (ETH) price has rallied by 33% over the last five days and data shows that as this occurred some buyers began to use excessive leverage. Although this is not necessarily negative, it should be considered a yellow flag as a higher premium on futures contracts for short periods is normal.ETH/USD
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Balances of dai (DAI) and USD coin (USDC) on exchanges reached new all-time highs in the past week, according to data from Glassnode.The increase may be a bullish indicator for the crypto market as a whole if it reflects buyers’ plans to use the two stablecoins to buy more crypto
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