Cryptocurrency Analysis and News Portal
Bitcoin (BTC) is giving up some gains after reaching an all-time high near $68,500 on Monday. The cryptocurrency is overbought on intraday charts, although support around the $63,000-$65,000 range could stabilize a pullback.The relative strength index (RSI) on the four-hour chart is the most overbought since Oct. 20, which preceded
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Bitcoin (BTC) broke above a short-term downtrend and looks poised to retest its all-time price high of about $66,900. The cryptocurrency was trading at around $66,000 at press time and is up about 5% over the past 24 hours.Upside momentum is improving after a two-week consolidation phase of between $60,000
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Decentralized finance (defi) protocols continue to shine as the total value locked in defi is over $260 billion. While Ethereum started the defi trend and holds the lion’s share of TVL in defi, a great number of decentralized applications (dapps) are supporting a slew of alternative blockchains. Today’s Most Popular Dapps
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Price action in the crypto market has not been for the faint of heart over the past 48 hours and it's clear that volatility following Bitcoin (BTC) and Ether’s (ETH) breakouts brought new all-time highs. While the top two cryptocurrencies fight to hold key support levels, the altcoin market has seen
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Bitcoin (BTC) continues to trade in a tight range, although buyers appear to be holding support above $60,000. Short-term indicators are neutral, although pullbacks could be limited given a series of price breakouts over the past month.If buyers fail to hold $60,000, lower support around the 50-day moving average, currently
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Blockchain firm Enjin has formed a $100 million fund to support projects in its ecosystem geared toward developing a decentralized metaverse.The Efinity Metaverse Fund will aim to support work on metaverse projects on Efinity – a blockchain developed by Enjin with Polkadot – as well as those involved in non-fungible
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Bitcoin has traded in a tight range between $60,000 support and $64,000 resistance over the past week. Short-term buyers have been active on pullbacks, which suggests downside could be limited into Asian trading hours.Upside momentum is slowing after BTC made an all-time high around $66,900 last month. It appears that
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Bitcoin (BTC) denied bulls their big break on Nov. 4 as sideways action dragged the market ever closer to $60,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC hodlers in “buy the dip” modeData from Cointelegraph Markets Pro and TradingView showed BTC/USD back below $62,000 at 8 am UTC.The pair saw a difficult
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Coinbase is acquiring an AI-powered support platform Agara in an effort to deliver “world-class support for customers.” The exchange explained that “Through this acquisition, we’ll be able to provide our customers with new personalized, intelligent, and real-time support options.” The acquisition also reconfirms Coinbase’s strategy to build out its tech
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Coinbase said it will leverage Agara’s tech to “automate and enhance” its customer experience tools. The deal also adds deep learnings and AI expertise to Coinbase’s existing tech capacity, and furthers its buildout of a tech hub in India, according to the post. Original Source
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