Cryptocurrency Analysis and News Portal
Cryptocurrency markets have been trading within an unusually tight 5% range since March 17 as conflicting forces continue to pressure the sector. Consequently, in the past 7 days, the total market capitalization gained 3.8%, which was driven mainly by Bitcoin's (BTC) 3.6% price increase and Ether's (ETH) 5% gain.Total crypto
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The leading cryptocurrency by market value slipped by 1% to $27,546 during European hours having failed to keep gains above $29,000 on Thursday, CoinDesk data show. At 08:00 UTC, Deribit, the world's largest crypto options exchange by trading volumes and open interest, settled bitcoin options worth over $4 billion. Source
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Bitcoin (BTC) may have erased its Binance “FUD” losses, but popular traders are anything but bullish.Despite gaining up to 7.5% versus its March 28 lows, BTC/USD is causing more suspicion than excitement with its return to local highs.$30,000 stays breaker for bullish sentiment flipIn a move which echoes its reactions
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"A win for the SEC could also impact other altcoins as they will likely be subject to more regulation," said Markus Thielen, head of research and strategy at crypto services provider Matrixport, in a note to clients on Monday. "However, if Ripple is successful in this case, XRP’s legality in
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"Keep an eye on the yield curve ‘de-inverting’. We’re now getting close. The day that happens after an inversion, the countdown to recession starts in earnest: average of 4 months and median of 2 months," David Rosenberg, founder and president of Rosenberg Research & Associates, tweeted. Source
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The official Arbitrum airdrop page crashed right after the claiming process began around 9 a.m. EST. Some users still managed to claim it through alternative methods like Arbiscan. In the first two hours, the market witnessed a massive sell-off of the token as its price declined from over $10.29 to
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Bitcoin (BTC) returned to near $29,000 on March 23 as bulls ignored news of a fresh United States regulatory crackdown.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin shrugs off Coinbase, Do Kwon arrestData from Cryptox Markets Pro and TradingView showed BTC/USD gaining almost 8% versus its overnight lows to challenge nine-month highs
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Some remain upbeat about the medium-term outlook for bitcoin and the broader market. Source
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Bitcoin continued to hover at around $28,000, up slightly on Wednesday, although some traders see the price going up to $30,000 or falling to $25,000 on positive or negative momentum depending on what the Federal Reserve announces about interest rates. Analysts expect the Fed to raise rates by a quarter-point.
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First Mover Asia: Traders Focused on Liquidity & FOMC as Asia Opens Its Business Day Source
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