Cryptocurrency Analysis and News Portal
Ether's (ETH) impressive 85% gain in the past thirty days will have surprised even the most bullish investors and it makes the $800 range seen from mid-July seem like ages ago. Bulls now hope to turn $1,900 to support, but derivatives metrics tell a completely different story and the data
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Crypto fans are rejoicing at the sight of green across the market on July 19 as the months of “down only” price action have finally come to an end after the market flashed its first substantial relief rally in at least a month. Data from Cryptox Markets Pro and TradingView shows
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The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has outlined what to expect from the securities watchdog on crypto regulation. “We do have robust authorities from Congress also to use our exemptive authorities that we can tailor investor protection,” he explained. Chair Gensler Highlights SEC’s Work on
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Bitcoin had previously succumbed to the bears and sank below the $20,000 mark for a considerable period of time. At press time however, the coin managed to rise above the $20,000 mark. Market conditions are still fragile and BTC can again fall below the $20,000 price level. Selling volume had increased
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A new survey shows that the majority of nearly 1,000 investors who responded expect bitcoin’s price to drop to $10K. In addition, 28% of respondents expressed strong confidence that cryptocurrencies are the future of finance while 20% said they are worthless. Investors Believe Bitcoin Could Fall to $10K The latest Bloomberg MLIV
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The decline of bitcoin over the last several weeks has raised concerns among investors in the space. The digital asset which had peaked at $69,000 had declined as low as $17,600 and continues to struggle to hold $20,000, dragging investor sentiment down with it. This same sentiment was shared by
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A descending triangle pattern has been pressuring Bitcoin (BTC) for the past three weeks and while some traders cite this as a bullish reversal pattern, the $19,000 support remains a crucial level to determine the bulls' fate. BTC-USD 12-hour price. Source: TradingViewDespite the apparent lack of a clear price bottom, Bitcoin
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Trading across the cryptocurrency market was relatively subdued on July 5 as the ecosystem continues to digest the fallout from the Three Arrows Capital scandal and Voyager Digital announcing that it has filed for Chapter 11 bankruptcy protection. Data from Cryptox Markets Pro and TradingView shows that the price of Bitcoin
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Discussion of the state of the crypto market has been a dominant headline over the past few weeks as non-crypto native media excoriate Bitcoin (BTC) and DeFi investors for investing in assets with no fundamental value. At the same time, crypto-savvy analysts and traders have been pouring over charts, looking for
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XRP and other market movers have continued to face the wrath of the bears. The altcoin has fallen considerably over the last 24 hours. It had secured gains over the past week but since the bulls are back, the coin lost what it had gained. Profit booking has taken over as
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