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Bitcoin is consolidating near the $20,000 zone against the US Dollar. BTC could start a decent recovery wave if it clears the $20,550 resistance zone. Bitcoin is showing a few positive signs above the $20,000 resistance. The price is now trading above the $20,000 level and the 100 hourly simple moving average. There
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Bitcoin (BTC) and altcoins lost big on Aug. 26 after the United States Federal Reserve delivered hawkish remarks on economic policy.Across the board, risk assets took a major hit — U.S. equities shed around $1.25 trillion in a single session.Analyst: Powell retiring "soft landing" rhetoricAs comments by Fed Chair, Jerome Powell,
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Ether’s (ETH) price jump from mid-July until mid-August may continue to fade as investors seek to better understand the implications of the Merge, Ethereum's tech upgrade that will transform it to a proof-of-stake network, along with future blockchain upgrades, Bank of America said in a note Friday. Original Source
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RBI Governor Shaktikanta Das has warned that the crypto market may crash and small investors will lose money. He added that the central bank believes that its warnings have deterred many people from investing in cryptocurrencies. RBI Governor’s Crypto Warnings The governor of the Indian central bank, the Reserve Bank of India
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This was possible because of how the Rainbow bridge works. As a wholly decentralized platform, Rainbow relies on several validators, called bridge relayers, who submit block info on Near blocks to Ethereum. Anyone can submit information to Rainbow, and false information could likely result in a loss of all user
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Bitcoin (BTC) starts a new week fresh from a new multi-week low amid a return of highly nervous sentiment.After dipping below $21,000 over the weekend, the largest cryptocurrency is consolidating around 10% lower than a week ago, and the fear across crypto markets is clearly visible.As some call for new
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Microstrategy’s Former CEO Michael Saylor pointed out in a recent interview for Stansberry Research that he would rather win in a volatile fashion than lose slowly. Saylor continues to say that the volatility will only impact short-term investors and public companies. Bitcoin has outperformed every single company on the stock market
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Bitcoin (BTC) consolidated lower on Aug. 9 after familiar resistance preserved a multi-month trading range.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin navigates whale price ladderData from Cryptox Markets Pro and TradingView showed BTC/USD falling under the $24,000 mark overnight after rejecting near $24,200. The pair had seen swift gains to start the
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Dogecoin (DOGE) is faltering in its climb to recovery. Is it time to sell your DOGE? A panel composed of crypto specialists and analysts are nodding to this idea and saying that it’s your cue to sell Dogecoin. Most crypto experts claim that DOGE will completely shed off its value and
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Ethereum (ETH) emerged as the best-performing cryptocurrency last week, with a 10 percent increase. Moreover, it was stated that the recently constructed ascending trendline for the cryptocurrency should boost ETH higher if market conditions were truly optimistic. The ETH price exhibited early signs of weakness as the decentralized smart contract token failed
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