Cryptocurrency Analysis and News Portal
Bitcoin (BTC) starts the second week of May 2022 by bringing up bearish ghosts from its past — how much worse could the picture get for hodlers?After falling to nearly $33,000, the largest cryptocurrency is giving market participants, new and old, a run for their money, and the fear is
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Ethereum is consolidating below the $3,450 resistance against the US Dollar. ETH price could resume increase if it stays above the $3,250 support. Ethereum is showing positive signs above the $3,350 support zone. The price is now trading above $3,300 and the 100 hourly simple moving average. There is a major bullish trend
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Data shows the Bitcoin trading volume has further declined recently, suggesting that the latest rally may be losing steam. Bitcoin Spot Trading Volume Continues To Decline This Week According to the latest weekly report from Arcane Research, the BTC spot volume has observed further decline in the past week. The “trading volume” is
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The president of the Federal Reserve Bank of St. Louis, James Bullard, has called for more aggressive measures to combat inflation and reduce the size of the Fed’s balance sheet. “The burden of excessive inflation is particularly heavy for people with modest incomes and wealth and for those with limited
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Since August, Solana has been capturing the most NFT volume share at the expense of Ethereum, the bank said, noting that was when the NFT market started a major expansion. Ethereum has also been losing market cap share to Solana in line with the declining NFT volume share. Source
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Crypto.com, the popular cryptocurrency exchange platform, halted all deposits and withdrawals on Monday, January 11, citing “unauthorized activity” on some accounts. It has, however, reinstated some accounts and withdrawal services, noting that the accounts are now safe. News From Yesterday According to security and data analytics firm PeckShield, Crypto.com has been the
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As of press time bitcoin (BTC) was changing hands around $42,100, up 2% over the past 24 hours, based on CoinDesk pricing. The cryptocurrency had been on the verge of a seven-day losing streak that would have been its longest since 2018, but the price turned around on Saturday, eking
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Cryptocurrency analysts had warned of the possibility of a steeper sell-off, and now traders are wondering when and where the market shakeout might end. Jan 8, 2022 at 9:45 p.m. UTCUpdated Jan 8, 2022 at 9:45 p.m. UTCBitcoin's daily price chart shows the decline toward $40,000 after a seven-day losing
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Altcoins like Algorand and Solana have recorded some of the highest losses following the market crash. This has been apparent in the performances of these digital assets in the past week. While the market at large had experienced dips, Algorand, Solana, and Hedera had led the pack for the worst
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Bitcoin’s (BTC) price action hasn’t been bullish despite the $69,000 all-time high on Nov. 10. Some argue that th descending channel formed 40 days ago is the dominant trend, and $56,000 marks its current resistance.BTC/USD price on FTX. Source: TradingViewSuch bearishness follows scrutiny from United States regulators, after a Nov.
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