Cryptocurrency Analysis and News Portal
“The prospect of geopolitical escalation has been the main driver of price moves in the broader risk asset spectrum for the past couple of weeks,” said Anto Paroian, chief operating officer at crypto investment fund ARK36, in an email to CryptoX. “Now that the war between Russia and Ukraine has
Read More
Bitcoin (BTC) fell through $40,000 as Wall Street opened on Feb. 18 with analysts watching lower levels.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin falls to two-week lowsData from Cointelegraph Markets Pro and TradingView showed BTC/USD teasing a $40,000 breakdown throughout Feb. 18, with several attempts seeing bounces higher before the level
Read More
Bitcoin maintains its bullish short-term trajectory into the U.S. Federal Reserve FOMC meeting, suggesting the downtrend might be losing strength. BTC investors have feel the pain in the last weeks, as the cryptocurrency displays a high correlation with the U.S. stock market. Related Reading | Bitcoin Whales Take Advantage Of Market
Read More
Bitcoin (BTC) fell slightly into the Wall Street open on Jan. 11 after the largest cryptocurrency failed to crack resistance above $42,000, but fresh comments from U.S. Federal Reserve chair Jerome Powell appear to be providing a boost to markets.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin squares off at supportAccording
Read More
Former Goldman Sachs hedge fund manager and founder of Real Vision, Raoul Pal, believes that the social media pundits are wrong and the crypto market cycle won’t end this year. But things might get a bit hairy on the way. In a Real Vision interview on Nov. 3rd Pal predicted
Read More
The rug was just pulled across crypto, wiping out gains from the past week and then some. Bitcoin is now back at prices from March, and is at risk of falling deeper into a bear phase according to a fractal found in the recent price action. What’s notable, is that the
Read More
ATOM was among the biggest gainers on cryptocurrency boards this Wednesday as traders assessed its integration into the
Read More
In just a few days, the Bitcoin options market will see a massive $740 million contract expiry, which
Read More
Bitcoin has seen some notable upside today that has put a firm end to its multi-week bout of trading between $9,000 and $9,300.The cryptocurrency is now flashing some signs of strength as buyers attempt to propel it past its crucial near-term resistance at $9,500.It appears that this latest movement higher
Read More
Bitcoin expects to go through a shaky third-quarter on growing worries about a stock market correction.Citigroup sees the S&P 500 rally to drop by at least 10 percent from its current levels, with a worst-case scenario predicting a 20 percent or more decline for the US benchmark index.The monthly correlation
Read More