Bitcoin Slides to 3-Month Low Around $34K
Digital-asset analysts warned late last week that price-chart trends had turned bearish for the largest cryptocurrency. Source
Read MoreDigital-asset analysts warned late last week that price-chart trends had turned bearish for the largest cryptocurrency. Source
Read MoreApeCoin (APE) caught its bulls off-guard with APE price losing nearly 40% in just three days.No dutch auctionAPE's price reached its second-highest level, hitting $27.57 on April 28, up more than 2,650% from its mid-March debut.Nonetheless, traders started unwinding their positions after Yuga Labs, the Bored Ape Yacht Club (BAYC)
Read MoreIndeed, put-call skews, which measure the cost of puts relative to calls, show puts are drawing a higher price than calls across all time frames, including the six-month expiry. Traders have been buying outs off late. "We've also seen large demand for low delta [lower strike] puts, particularly in ETH,
Read MoreEthereum started a fresh decline from the $3,080 resistance against the US Dollar. ETH price traded below the key $3,000 support and even declined below $2,920. Ethereum failed to clear $3,080 and started a fresh decline. The price is now trading below $3,000 and the 100 hourly simple moving average. There was a
Read MoreExtreme fear is once again the dominating sentiment across the cryptocurrency community after Bitcoin (BTC) faced another day of trading below the $40,000 level and the United States grapples with the highest Consumer Price Index (CPI) print since 1981. Crypto Fear & Greed Index. Source: Alternative.meData from Cryptox Markets Pro and
Read MoreCardano (ADA) had since lost its momentum and has been back on another downtrend once more. This time around, the downtrend quickly sent the cryptocurrency back towards the $1 territory. This has had some dire implications for Cardano investors. The majority of these investors have now seen their portfolios descent
Read MoreBitcoin (BTC) continued its downturn into Wednesday’s Wall Street open with its first test of $44,000 since the start of April.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC’s price posts near two-week lowsData from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching 12-day lows of $43,801 on Bitstamp, down over 7% from
Read MoreBitcoin Slides for Second Day as Analyst Warns of Dip Below $45K Original Source
Read MoreCryptocurrency analysts are divided on lingering bitcoin market impact of recent Fed rate hike decisions. Source
Read MoreThe spread between the six-month ether and bitcoin implied volatilities fell to a two-year low of 13%, perhaps indicating that the cryptocurrencies' fortunes are more strongly tied to each other than before. Implied volatility refers to investors' expectations for price turbulence over a specific period. Original Source
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