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“After a breakout (BTC above ~$25,000), it’s important to pay attention to pullbacks to gauge the buy strength remaining,” bitcoin mining equipment and hosting provider Blockware Solutions Analysts wrote in a newsletter on Friday. “In this case, BTC flashed some pretty bullish signals, as buyers quickly stepped in at the
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The largest cryptocurrency by market capitalization was recently trading at around $27,350, down 0.4% in the past 24 hours, according to CryptoX data. BTC dropped below $28,000 on Friday afternoon, part of a two-day slide that followed a week above $30,000. At one point, bitcoin was changing hands near $27,100. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The price of ethereum (ETH), the second-largest cryptocurrency, is plummeting days after the highly anticipated Shanghai upgrade. Although the trading and cryptocurrency community eagerly awaited the update, prices are moving lower and below the $2,000 level even
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The South Korean central bank is set to be granted the right to investigate virtual assets after the Financial Services Commission (FSC) dropped its opposition to the move. According to a report, the FSC dropped its opposition to the central bank’s bid after it was accused of seeking to make
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Crypto markets have been showing weakness in the past few days as concerns around sticky inflation, stock market earnings and looming recession have dragged prices lower, Edward Moya, senior market analyst of foreign exchange market maker Oanda, said Thursday on CoinDesk TV. Source
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The number of NFT sales across marketplaces has also significantly dropped in the past few days to approximately 16,149 sales reported on April 19. The Non-Fungible Tokens (NFT) market recorded tremendous progress fueled by the DeFi boom in the past few years. The growth of GameFi and the Metaverse market has
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied On-chain sleuth @zachxbt has brought to attention that American rapper Soulja Boy has been scamming people with his 16 NFT drops and 73 promotions on Twitter. The rapper is said to have participated in multiple pump-and-dump schemes
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The previous discounts have positively affected Tesla’s quarterly sales, with the automaker selling 422,875 cars EVs in Q1. Tesla Inc (NASDAQ: TSLA) has announced further price cuts for its Model 3 and Model Y electric vehicles. This is the second time within a month that the electric car maker is doing
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The sudden drop on no immediate fundamental catalyst flushed millions of dollars worth of futures positions. Source
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Trump drops series 2 NFT collection ahead of presidential runAnother round of digital nonfungible tokens (NFTs) trading cards have dropped bearing the likeness of former United States President Donald Trump, with 38,001 minted on Polygon (MATIC).The collection was launched on April 18 at a price of $99 each, it currently
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