Cryptocurrency Analysis and News Portal
Bitcoin started a fresh decline below the $22,000 support against the US Dollar. BTC is declining and might extend losses below the $20,500 support zone. Bitcoin started a fresh decline and traded below the $22,000 level. The price is now trading below the $22,000 level and the 100 hourly simple moving average. There
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The mood across the cryptocurrency ecosystem is noticeably brighter on July 22 after a week of gains helped traders put the events of the past two months behind them and look toward a positive future. Data from Cryptox Markets Pro and TradingView shows that the price of Bitcoin (BTC) has been
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The future of the second-largest cryptocurrency is hampered by the US dollar index’s recovery. On Thursday, the price of Ethereum (ETH) showed just slight decreases. Ethereum Consolidates On July 21, price movement in the cryptocurrency market as a whole was mostly muted as traders took a day to digest recent gains and
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The tech trade group Chamber of Progress called on members of the United States Senate and House of Representatives for regulatory clarity in the crypto space in an effort to prevent firms from leaving the country.In a Wednesday letter addressed to eight committee chairs in the House and Senate, Chamber
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As retail and short-term investors are purged from the market during these mass sell-offs, the saturation of "HODLers," or the cohort of price-insensitive long-term investors, swells. The more HODLers there are, the stabler crypto prices become and the likelier it is that the market has bottomed out. Original Source
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BTC climbed for the third consecutive day, breaking above $21,000, despite lingering doubts. Original Source
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While American stocks plunged at the opening of Wall Street on July 14, Bitcoin escaped losses, but traders remained uneasy. Analysts Weigh In On Bitcoin Bottom The S&P 500 and Nasdaq Composite Index both fell by about 1.8% at the time of writing as Wall Street opened in the red. Although the largest
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For digital asset exchanges, adequate funding means that there’s enough in the pot to handle liquidations. In the world of decentralized finance, it is the network of participants who help keep projects afloat. In the recently treacherous realm of stablecoins, it’s the collateral backing the project. Source
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Ethereum started another decline below $1,200 against the US Dollar. ETH could decline heavily if there is a close below $1,150. Ethereum failed to clear the $1,280 resistance zone and declined below $1,200. The price is now trading below $1,200 and the 100 hourly simple moving average. There is a major bearish trend
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On July 8, 2022, the company behind the largest stablecoin in the world, Tether, revealed that the firm liquidated a loan made to the crypto lender Celsius, and the liquidation caused “no losses to Tether.” According to the stablecoin issuer, the bitcoin loan to Celsius was “overcollateralized” by roughly “130%+.” Tether
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