Cryptocurrency Analysis and News Portal
The cryptocurrency market found itself in a holding pattern on Aug. 17 as the price of Bitcoin (BTC) lingers below $46,000 and bulls regroup to plan their next attempt to push the price higher. Despite the struggles faced by many of the top cryptocurrencies, several altcoins were buoyed by positive developments
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Optimism across the cryptocurrency ecosystem continues to grow on Aug. 16 as multiple altcoins put on double-digit gains and Bitcoin (BTC) bulls defend the $46,000 support level. Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24 hours were Solana (SOL), Presearch (PRE) and Arweave
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Being bullish on Ether (ETH) has paid off recently because the token gained 60% in the last 30 days. The spectacular growth of decentralized finance (DeFi) applications likely fueled inflow from institutional investors, and the recent London hard fork implemented a fee burn mechanism that drastically reduced the daily net
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This week the total cryptocurrency market capitalization bounced back to $1.9 trillion, which was a 20% weekly increase and the highest level seen since May 20. While the fresh bullish momentum attracted the attention of investors, Bitcoin's (BTC) move from $33,400 to $45,900 was pretty much in line with the
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This week Ethereum's London hardfork was completed without a hiccup and investors have now reset their eyes on new highs above $3,100.Data from Cryptox Markets Pro and TradingView shows that the price of Ether (ETH) did in fact experience a “sell the news” sell-off shortly after London went live but dip
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After making unwanted headlines with its disappointing IPO debut on Nasdaq last week, shares in stock and cryptocurrency trading app Robinhood have seen wild volatility in recent days. In an ironic twist that saw the price of HOOD stocks soar by as much as 82% in one day, the app
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Bitcoin (BTC) might have failed to sustain the $42,000 support, and for many, this is a slightly bearish sign. Interestingly, the downward move occurred shortly after Saudi Aramco, KSA's largest oil exporter, denied claiming to start mining Bitcoin.Top traders at exchanges seized the opportunity to add leverage-long positions, a clear
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Bitcoin (BTC) briefly fell below $38,000 on Aug. 3 as signs of a retracement from range highs continued to flow in.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCaution before BTC price swing lowerData from Cointelegraph Markets Pro and TradingView showed BTC/USD tapping $37,960 on Bitstamp before rebounding.Still trading 3.7% lower on
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