Cryptocurrency Analysis and News Portal
Crypto markets took a tumble in early European hours as financial regulators in the U.S. and U.K. took measures to curb growing inflation concerns earlier this week.Bitcoin followed a slide in global technology stocks, falling nearly $1,000 in Asian hours on Friday. Sentiment was dented after the Bank of England
Read More
Data tracked by Glassnode shows no signs of panic selling by long-term investors. Supply owned by long-term holders has declined by just 26,461 bitcoin since Nov. 10., representing a meager 0.19% of their balance, according to Glassnode data. Bitcoin’s liquid supply has decreased by 145,000 BTC over the past 30
Read More
Cryptocurrencies continued to slide as buyers appear to be taking some profits. Some analysts are now cautious on bitcoin’s short-term price direction given the recent loss of upside momentum.Bitcoin declined toward a three-week low on Thursday around $56,000 before stabilizing near $58,000. BTC is down about 11% over the past
Read More
On-chain data also show bullish signs for bitcoin in the medium term, said Eddie Wang, senior analyst at OKLink research, crypto exchange OKEx’s on-chain data research arm. The network’s hashrate has been steadily increasing since July, the mining difficult has also increased eight times, and miners have accumulated over BTC
Read More
Ethereum failed to clear the $3,650 resistance against the US Dollar. ETH price is moving lower and it might extend its decline below $3,450 in the near term. Ethereum struggled to gain strength above the $3,600 and $3,620 levels. The price is now trading below $3,550 and the 100 hourly simple moving
Read More
China renewed its crackdown on cryptocurrency trading and mining in the second quarter amid pilot testing of digital yuan. However, according to China journalist Colin Wu, the latest central bank statement is quite detailed and mentions tether (USDT) as illegal for the first time. Tether, the largest stablecoin per market
Read More
The S&P 500 slid to the intraday highs of Sept. 2 while Bitcoin (BTC) climbed to its highest levels in more than three months. The moves came as a key report on Sept. 3 showed that the United States economy added fewer jobs than anticipated, lowering the Federal Reserve's likelihood
Read More
Barclays linked the rise in its full-year income to a solid performance in its corporate and investment sectors which overshadowed a low performance from its retail business.Barclays Bank (LON: BARC) has announced its annual profit took a hit and plans to resume dividend payouts after pressing pause on it due
Read More
Ethereum started a decent upward move above $620 and $630 against the US Dollar. ETH price failed to
Read More