Cryptocurrency Analysis and News Portal
Good morning. Here’s what’s happening:Market moves: Bitcoin ended its two-day winning streak with heavier selling pressure during late U.S. trading hours.Technician's take: BTC's pullback could continue into the Asia trading day; initial support at $35K.Catch the latest episodes of CryptoX TV for insightful interviews with crypto industry leaders and analysis.PricesBitcoin
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Prices of tokens created by Daniele Sestagalli, one of the developers of Avalanche-based money market Wonderland, fell as much as 22% in the past 24 hours amid drama around Wonderland’s cofounders.In the past 24 hours, Popsicle Finance’s ICE fell 22%, Wonderland’s TIME fell 15%, and Abracadabra’s SPELL dropped 15% to
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“Alarmingly, the sharp reversal on Friday was not followed by any meaningful bounce," said Alex Kuptsikevich, senior financial analyst at FxPro, in an email to CryptoX. "Some observers point out that this is a worrying signal, suggesting further market declines, as we have not seen a final capitulation. Without capitulation,
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Bitcoin (BTC) recovered from a dip below $50,000 on Dec. 8 as Wall St. trading opened on a fresh bullish note.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin market ditches "extreme fear"Data from Cointelegraph Markets Pro and TradingView captured a classic rally for BTC/USD on hourly timeframes, gaining $2,000 in a single one-hour
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The floor price of Eternal Beings NFTs plunged after affiliated celebrity rapper Lil Uzi Vert deleted his promotional posts about the project. The Solana-based NFT project consists of 11,111 computer-generated alien avatar NFTs that feature similar traits to the Lil Uzi Vert, such as hair, tattoos, and fashion style. The
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After a record weekend liquidation, Bitcoin price bounced back above $57,000 – gaining back approximately $3,000. At 14:21 GMT on Monday, the price of the coin was trading at $56,367, at a gain of 2.32% in the last 24 hours. The Sunday fall saw about $9.79 billion bleed out of long
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Bitcoin price has been trending upward for months, but the general consensus amongst crypto investors is that the point of no return hasn’t been reached yet, so there’s still plenty of time to get into position for the next move up. Overly eager long traders, however, had their hearts broken when
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Bitcoin has been facing some immense selling pressure today that has caused its price to plunge below $30,000 This was previously strong support for the crypto, and it is now testing the support it has at its multi-week lows of $29,000 Where the market trends next will likely depend largely on whether
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Bitcoin (BTC) suffered its biggest pullback in four months, tumbling 9% after a seven-day winning streak that took prices to a new all-time high of $34,347 on Sunday. “Bitcoin is having a much-needed reset,” Matthew Dibb, co-founder, and COO of Stack Funds, told CryptoX.Some analysts saw signs that cryptocurrency traders might
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Bitcoin faces the prospects of undergoing a massive downside correction as on-chain data shows a plunge in its
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