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Bitcoin (BTC) held $49,000 on Aug. 28 after the United States Federal Reserve sparked a run-up toward critical resistance.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAll eyes on $49,300 on the weekly chartData from Cointelegraph Markets Pro and TradingView showed BTC/USD cooling at higher levels after cracking the $49,000 mark late Friday.The
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Cardano moves at full speed towards its final hard fork combinator (HFC) event Alonzo to implement full smart contract capabilities. The community has been keeping a close eye on the latest developments, as AlonzoPurple enters its final test stage. Input-Output Global, the company behind this blockchain and its development, recently disclosed
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Bitcoin (BTC) climbed to new multi-month highs later on Aug. 20 as an extended rebound took hold of crypto markets.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewDaily close "most important" for BitcoinData from Cointelegraph Markets Pro and TradingView confirmed that BTC/USD hit its highest level since mid May during FridayAfter daily gains
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On-chain analysis shows Bitcoin miner reserves seem to be closing in on the ATH seen in May, as the BTC bull rally continues. Bitcoin Miner Reserves Reach Close To May ATH Levels As pointed out by a CryptoQuant post, the BTC miner reserves seem to be on the rise, and look to
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Bitcoin price started a fresh increase from the $37,500 support against the US Dollar. BTC must clear the 100 hourly SMA and $40,000 to move into a positive zone. Bitcoin started a decent increase above the $38,000 and $38,500 resistance levels. The price is now struggling near the $40,000 zone and the
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The Chinese central bank vows to keep high regulatory pressure on crypto trading in the country. PBoC to Continue Monitoring Crypto Trading The People’s Bank of China recently published the key takeaways of a meeting where the regulators discussed at length the progress on monetary policy in the first half of 2021
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According to crypto analyst PlanB, Bitcoin price is in line with the S2F model and is headed for a new ATH in the foreseeable future. Bitcoin price is down approximately 4.4% in the past 24-hours to trade slightly below $40k at the time of reporting. According to market
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Bitcoin price is trading in a positive zone above the $39,000 level against the US Dollar. BTC must settle above $40,000 for a sustained upward move in the near term. Bitcoin is trading positively above the $38,500 and $38,800 support levels. The price is still trading well above $39,000 and the 100
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Ethereum remained supported near the $2,150 zone against the US Dollar. ETH price is rising, but a close above $2,300 is important for upside continuation. Ethereum found support near $2,150 and it started a fresh increase. The price is back above the $2,200 zone and the 100 hourly simple moving average. There was
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