Cryptocurrency Analysis and News Portal
On Monday, Bitcoin’s short-term outlook worsened after the price fell to an intra-day low at $45,672, a far cry from the weekend’s promising rally above the $50,000 level. With the year nearly complete, and all-time highs nearly 33% away, traders are most likely readjusting their expectations and pushing the $100,000 BTC
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Here are some underdog coins that could stay a bit under the radar until next year as the DeFi and NFT markets are in the spotlight this year. There are several noteworthy projects in these areas expected to gain traction in 2022, so it’s worth following them. We can also
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Good morning. Here’s what’s happening this morning:Market moves: Bitcoin continues to drift below $60,000 as Biden tees up his pick for Federal Reserve chair.Technician’s take: Momentum is still positive on a weekly basis, which is consistent with a bullish uptrend.Catch the latest episodes of CoinDesk TV for insightful interviews with
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That, at least, is Solana’s party line. In the past week, top brass at Solana Labs, which builds on the proof-of-stake ecosystem, waxed bullish on mobile wallet integrations. Head of Growth Matty Tay said Phantom’s yet-to-launch mobile wallet could “open the floodgates” to millions of new users. Original Source
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In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.Lately, news headlines are focused on regulators’ concerns over the lack of investor
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Institutional investors are continuing to pile into Bitcoin despite prices pushing up to a five-month high.According to CoinShares’ Oct. 12 Digital Asset Fund Flows Weekly report, more than $226 million in capital flowed to institutional Bitcoin (BTC) products this past week. Bitcoin products dominated inflows for the third consecutive week,
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Bitcoin (BTC) headed down to test new support on Wednesday after a breakdown of bullish trajectory sparked predictions of $44,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewOld resistance provides a backdrop for BTC price rethinkData from Cointelegraph Markets Pro and TradingView showed BTC/USD losing around 2% overnight Wednesday.A rejection after an attempt
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Cardano (ADA) is on a steady rise as it hits a new ATH price at $2.54, while AVAX continues to increase in price. Ongoing and upcoming developments are the main drivers of the current price actions in those assets. Cardano’s Price Action Cardano coin has been on an up and down as
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Bitcoin price started a fresh increase above the $38,500 resistance zone against the US Dollar. BTC even broke $40,000 and it is now correcting gains. Bitcoin gained traction above the $38,500 and $39,500 resistance levels. The price is now trading above $40,000 and the 100 hourly simple moving average. There was a break
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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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