Cryptocurrency Analysis and News Portal
Bitcoin (BTC) drifted further downhill into the June 30 Wall Street open as United States equities opened with a whimper.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewU.S. dollar returns to multi-decade highsData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it abandoned $19,000 to hit its lowest in over ten days.Bulls
Read More
Bitcoin performance for the month of June has been nothing short of unremarkable so far. Being a market leader, the other cryptocurrencies in the market have mirrored its movements for the month, leading to massive losses across the board. However, the numbers for June are in and it shows that
Read More
Several factors have contributed to making the current crypto bear market the worst ever recorded as most Bitcoin (BTC) traders are underwater and continue to sell at a loss, according to Glassnode.Blockchain analysis firm Glassnode’s Saturday report titled “A Bear of Historic Proportions” outlines how Bitcoin’s current dip below the 200-day moving average
Read More
Bitcoin is now officially in another bear market after the crash that rocked the market last week. After falling more than 70% from its all-time high, investors across the space had started to retreat from the digital asset due to this new price trend. However, trends like these are not
Read More
Bitcoin (BTC) starts a new week still battling for $20,000 support as the market takes in a week of severe losses.What felt all but impossible just weeks ago is now a reality as $20,000 — the all-time high from 2017 to 2020 — returns to give investors a grim sense
Read More
Bitcoin is once again leading the market in the most recent descent into the red. This has seen the pioneer digital asset fall to 18-month lows and it has taken the rest of the market down with it. In such climes, it is usually advised that investors remain calm but
Read More
Ripple (XRP) opened in May with a decent price rebound after falling 28% in April, its worst monthly performance since June 2021. Furthermore, the XRP/USD pair shows prospects of continuing its recovery trend in the coming weeks.Support confluence raises XRP bullish prospectsXRP's price rose by nearly 6.25% in the first
Read More
Bitcoin (BTC) sits at a historically important price point for hodlers, but where could it be headed in the coming days?As the monthly close looms and various countries prepare for the May holidays, traders are mapping out the options — with some surprises.$35,000 becomes key focusWhile Bitcoin market commentators rarely
Read More
Cardano (ADA) has made it on the list as one of the worst-performing assets when it comes to profitability. The ability to make a profit from a digital asset is what drives the majority of investments when putting money in the asset. However, for some, this has not been the
Read More
The last week of March saw the decentralized finance (DeFi) market surge to new highs as institutional investors returned to the market. Amid the rising popularity of DeFi products, Axie Inifity’s Ronin bridge faced the worst hack in crypto history, raising security concerns for the market.MetaMask integrated Apple Pay support,
Read More