Cryptocurrency Analysis and News Portal
Quick take:Bitcoin has been in a state of continuous sideways movement since early June. Social media dominance of BTC has been dropping and could point to an alt season. A bullish ETH/BTC chart hints of altcoins gaining in the crypto markets. Additionally, the Shit-coin Perpetual contract on FTX recently hit a new All-Time
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According to data from CoinMetrics, a sell-off on Bitstamp led the market-wide plunge of Bitcoin (BTC). The top cryptocurrency by market capitalization dropped $150 within seconds on the exchange, well below the average market price at the time.Researchers at CoinMetrics said:“Today's market drop was led by trade activity on Bitstamp,
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Amid a bullish mainstream market, news of Coinbase's reported traditional stock market listing could prove timely alongside other companies similar public listing efforts. "When good times are rollin in the stock market, people want to get in there," Morgan Creek Digital co-founder Anthony Pompliano said on an episode of his YouTube show,
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While bitcoin has gained 3% so far this week, the overall trading environment remains dull with volatility hovering at multi-year lows. Ten-day realized volatility, a historical metric, is now at just 20%, the lowest level for two years. That’s “a low that’s only preceded in Sep & Oct 2018,” the Singapore-based
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Ripple is up more than 5% and it settled nicely above the $0.2000 pivot level against the US Dollar. XRP price is currently rising and it could continue to rise towards $0.2120.Ripple is slowly gaining bullish momentum above the $0.2000 resistance against the US dollar.The price is trading in a
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Bitcoin is rising steadily and it recently broke the $9,400 resistance against the US Dollar. BTC’s daily chart suggests that the bulls are likely aiming a larger rally towards $10,000.Bitcoin formed a strong support base near $9,000 and recently started a fresh increase.The price is currently trading well above the
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Bitcoin futures have seen a rising premium over spot BTC in recent months, which seems to indicate that traders are bullish on the benchmark cryptocurrency.This premium is particularly clear while looking towards the CME – which seems to indicate that professional traders and institutions are particularly bullish on BTC at
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Bitcoin (BTC) begins a new week testing increasingly weak $9,000 support, but what factors could make or break price performance?Cryptox Markets takes a look at the main things traders should focus on in Bitcoin for the coming five days. Stocks recover led by China Stock market futures showed a mixed but overall
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It’s been a tough past few weeks for the Bitcoin market. Some are skeptical that the cryptocurrency is in a bull trend after BTC has sustained multiple rejections at $10,000.Yet a trader that nailed a bold prediction remains optimistic, sharing a number of signals indicating imminent upside.Bitcoin Could Soon See
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Despite seeing a swift rebound, Bitcoin bears were able to push the cryptocurrency below its crucial $9,000 support just minutes ago.This breakdown has come about following a recent rejection posted by the crypto at $9,300, which appears to have become a resistance level.The latest decline below $9,000 indicates that the
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