Cryptocurrency Analysis and News Portal
Bitcoin’s lackluster price action reached a pivotal point throughout July. As the range where it was trading was narrowing over time, BTC’s price reached the lowest levels of volatility ever recorded in its 11-year history, according to Arcane Research. “With only 11 days left of July, we’re currently seeing the tightest
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The Ethereum-based peer-to-peer lending platform Aave has been in the spotlight of the cryptocurrency market after the 1,500% price increase it has enjoyed throughout the year. In July alone, LEND skyrocketed nearly 185% to reach a new yearly high of $0.38. This price level is just a few cents below
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Somehow, Bitcoin’s price action has become even tighter over the past days than it has been over the past two months. If you zoom out and look at BTC’s macro chart, it may seem like the asset has flatlined. Yet a cryptocurrency trader is starting to fear that one final correction
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Chainlink’s token, LINK, is once again among the most talked-about altcoins, having surged over 370% year-to-date. In July alone, the now ninth-largest crypto by market cap has gained close to 80%, with blockchain analytics firm Santiment identifying LINK as its top-ranked emerging cryptocurrency.Amid the price gains for LINK has come
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Bitcoin started a downside correction after it was rejected near $9,500 against the US Dollar. BTC is now trading near the main $9,200 support and it could either start a fresh increase or dive to $9,000.Bitcoin is correcting lower and approaching the $9,200 and $9,180 support levels.The price is currently
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If the current price action is a top formation, then it doesn’t match the sharp spikes Bitcoin and blow-off tops the cryptocurrency is known for. Only one other time has a comparable rounded top formation appeared on BTCUSD price charts over the last ten years. And when it happened, a
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Bitcoin has formed a “Death Cross” pattern on its daily chart as price slips ahead of the New York opening bell.The cryptocurrency’s 50-day simple moving average today closed above its 20-day exponential moving average.The pattern surfaced as the U.S. futures signaled a negative session ahead. Bitcoin and the S&P 500
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Bitcoin started off the week on the wrong foot. Its price recently dropped below $9,000 for the first time since late May. The sudden bearish impulse sent investors into “fear,” according to the Crypto Fear and Greed Index.Despite the state of commotion in the market, the flagship cryptocurrency sits above
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Bitcoin extended its bearish correction at the start of this week, falling briefly below $9,000 for the first time in three weeks.While cryptocurrency reclaimed the said support level, fears of new sell-off rounds are looming over its market.Meanwhile, a separate fractal is also suggesting that Bitcoin would retest $6,000 in
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Bitcoin is holding its intraday gains above $9,100 on Thursday.But the cryptocurrency risks downside correction as the U.S. futures hint at a shaky start after New York opening bell Thursday.The unsteadiness surfaced as China approved a proposal for a national security law in Hong Kong, raising possibilities of a new
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