Cryptocurrency Analysis and News Portal
Since Jan. 24, Bitcoin has been rising above an ascending support line. Thus far, the cryptocurrency has confirmed the line many times, and the subsequent rebound has resulted in the continuous upward movement. The price is rapidly approaching the $44,000 horizontal resistance line, which BTC has not traded above since the
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The 90-day correlation between the top cryptocurrency and the S&P 500 has risen to the highest level since October 2020. Original Source
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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
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"While not on the scale of the China bitcoin mining ban, the implication for the price of BTC and other crypto assets which follow on price, could be significant in the next few days. The crypto asset market has been buffeted by events, and this could lead to another tough
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Bitcoin (BTC) recovered from one-week lows on March 8 after a lack of progress in Russia-Ukraine talks sent markets tumbling.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCommodities "trading like meme stocks"Data from Cointelegraph Markets Pro and TradingView showed BTC/USD bouncing at $37,170 on Bitstamp after Monday’s Wall Street open.Overnight progress maintained
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The popular gaming guild YGG has reached a milestone in terms of new scholars for the Axie Infinity platform and various other play-to-earn games.Yield Guild Games reported 20,700 unique Axie Infinity scholars in February, an increase of 8,500% since the same month last year when there were just 241. The
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Bitcoin (BTC) stayed near one-week lows on March 7 as a flight to safety among investors did crypto markets no favors.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewGold, dollar spell sour times for stocksData from Cryptox Markets Pro and TradingView showed BTC/USD bouncing at around $37,600 overnight before tracking around $1,000 higher.The
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"I think the European Union (EU) is mostly bleeding at the moment due to two separate reasons: 1) Increased 'supply' of ETP products globally. More alternatives, competing in fee structures lead funds to move elsewhere. 2) Some of the EU ETPs are old, dating back to 2015, and thus follow
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According to macroeconomic theory, an uptick in wages can push up inflation. As wages rise, employers pass on the increase in labor cost to the final consumer, resulting in an uptick in the general price level in the economy. Workers demand higher wages in response, setting a vicious cycle of
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The Sandbox metaverse game owned by NFT investment giant Animoca Brands has surpassed 2 million registered users amid its play-to-earn season 2 alpha launch. The crypto game backed by NFTs and its native SAND token has been in the works for roughly four years, and the latest preview into the
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