Cryptocurrency Analysis and News Portal
Dow futures point to a fourth-straight decline on the U.S. stock market Thursday. Wall Street analysts including Citi are now bracing for a fall of 20% from recent highs. A drop of that magnitude would constitute a technical bear market and the end of a ten-year upward trend. The
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The world’s longest-running bull market officially ended Monday. Malaysia’s stock market benchmark is more than 20% off its highs. The FTSE Bursa Malaysia KLCI Index went 12 years without a 20% pullback from any peak. But that ended today. The milestone is an omen for the U.S. stock market.
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In just a few months’ time, Bitcoin will see what is known as a halving, a once-every-four-years event which sees the asset’s inflation cut in half, skewing the supply-demand dynamic in favor of bulls. This cyclical event previously marked the start of some of the crypto market’s parabolic rallies, during which
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The price of Maker (MKR) crypto tokens surged by an impressive 16 percent in just four hours this Wednesday.The twenty-fifth largest blockchain asset by market cap hit a seven-month high to $727. The move uphill came as MKR’s liquidity on Uniswap Exchange dropped from $20 million to $6 million, leading
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Even a 30 percent crash has not deterred traders from buying Tezos (XTZ), a cryptocurrency that surpassed all its top rivals after staging a parabolic bull run in 2020.The price of the tenth-largest blockchain asset was up 6.66 percent to $3.348 ahead of the European market open. The gains appeared
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“See you back in New York,” Andrew Yang said as he ended his campaign for US president. Cryptocurrency holders saw an ally in 2020 presidential hopeful Andrew Yang, so the news that he was suspending his campaign on Feb. 11 came as a major disappointment. As one of the outspoken
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Bitcoin’s next bull run will look very different from the last one. In 2017, BTC took the elevator to $20K before following
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Today popular market analyst and CryptoX contributor filbfilb joined veteran trader Tone Vays on his YouTube trading channel. During the discussion, each trader discussed their long and short-term vision of Bitcoin’s price (BTC) action, along with the various trading indicators and styles they use. According to Vays, Bitcoin’s price action
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A portion of fresh cash liquidity supplied by the global central banks has made its way into the bitcoin market, says Mati Greenspan, the founder of Quantum Economics.The prominent market analyst told BlockTV that the cryptocurrency – more or less – behaved like stocks as it rose from $6,430 to
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Weiss Ratings, a highly reputed American investment data provider established in 1971, has given Bitcoin (BTC), the world’s flagship cryptocurrency an A- (excellent) rating ahead of the Bitcoin halving event scheduled for May this year. Weiss Ratings says Bitcoin’s improving fundamentals coupled with its positive price movement makes it an
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