Cryptocurrency Analysis and News Portal
Bitcoin attempted a recovery wave above the $30,000 resistance against the US Dollar. BTC is struggling near $31,000 and might start a fresh decline. Bitcoin recovered above the $30,000 level but struggled above $31,000. The price is now well above the $30,000 level and the 100 hourly simple moving average. There is a
Read More
Bitcoin (BTC) bounced back from ten-month lows on May 11 as the start of Wall Street trading gave bulls some relief.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewOne day, $860 million more crypto liquidationsData from Cointelegraph Markets Pro and TradingView showed BTC/USD erasing the impact of above-expectation United States inflation data, hitting
Read More
The global cryptocurrency exchange KuCoin aims to go beyond centralized trading services and focus on Web3 with new funding backed by firms like Circle Ventures.The KuCoin cryptocurrency exchange officially announced on May 10 a $150 million pre-Series B funding round, bringing the company’s valuation to $10 billion.The latest funding round
Read More
Ethereum started a recovery wave above the $2,840 level against the US Dollar. ETH is now facing a major challenge near $2,905 and the 100 hourly SMA. Ethereum started a decent recovery wave above the $2,840 and $2,850 levels. The price is still below $2,900 and the 100 hourly simple moving average. There
Read More
Bitcoin (BTC) faced selling pressure at the Wall Street open on April 22 as markets began a rerun of Thursday's losses.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewNo let-up for stocks or crypto as losses mountData from Cointelegraph Markets Pro and TradingView showed BTC/USD following a grimly familiar course on Friday, hitting
Read More
"Inflation likely peaked in March, with the biggest contributions coming from gasoline and food prices, which could stabilize in the next few months," Navy Federal Credit Union's corporate economist Robert Frick said. "But high inflation will be with us at least through the summer because increases in other prices, especially
Read More
Bitcoin is slowly gaining pace above $46,500 against the US Dollar. BTC must clear $47,000 to move into a positive territory in the short term. Bitcoin is slowly moving higher above the $46,500 resistance zone. The price is trading above $46,200 and the 100 hourly simple moving average. There is a major bearish
Read More
COO Frank Mong said the firm wanted to make a clear distinction between the parent company and the network itself. Source
Read More
Bitcoin is consolidating below the $48,000 resistance against the US Dollar. BTC could start a fresh rally if it clears the $48,000 resistance zone. Bitcoin is stable above the $47,000 and $46,800 support levels. The price is trading above $46,500 and the 100 hourly simple moving average. There is a major breakout pattern
Read More
Bitcoin (BTC) saw a fresh impulse move overnight into March 22 as bulls briefly reclaimed $43,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewRSI hints at underlying strengthData from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $43,337 on Bitstamp Tuesday, the pair's highest since March 3.The action contrasted with the lack of
Read More