While the Federal Reserve disclosed another possible interest rate hike, one of the well-known analytic firms has come up with its study on Bitcoin (BTC). Firm, Glassnode in its latest newsletter Jan Happel and Yann Allemann, its co-founders are of the opinion that Bitcoin’s price trend below $20,000 is all due to immense pressure faced...Read More
Apart from the general market decline, which held ETH at the cycle lows, there were both positive and negative responses to the buildup to The Merge. About 4.19 million ETH worth $5.32 billion had already been sold by holders prior to the event on September 15. However, investors started purchasing ETH again immediately after The...Read More
Despite the bearish trend, few altcoins are staging a few significant rallies this week. XRP has mounted a fresh rally as it has broken above the moving average lines, signaling an uptrend. Bulls have re-established bullish momentum in the cryptocurrency after breaking through the overhead resistance at $0.41. Due to early resistance at $0.55, XRP...Read More
With a decrease in the Cardano price, the environment flipped to bearish for a week. The asset is trading at $0.4586 as the bears took control of the market at the beginning of the week. The last three days have been overwhelmingly bullish, so the bulls still have a chance. Bulls May Outperform Bears Soon ...Read More
With the recent hike in the FED rates, the crypto markets have been impacted slightly as the DXY index witnessed a slight drop but continues to hover within the crucial zones. With this, the Bitcoin price underwent a notable drop below $19,000. But the raising market sentiments around the upcoming Cardano’s Vasil Hard Fork could...Read More
The most popular altcoins, Cardano & Ripple, are trading with a huge bullish momentum since the pre-trading session and are aiming to close the day’s trade on a bullish note. Both the altcoins have been stagnant for a prolonged period and due to this, the investors also lost their focus on the assets. However, now...Read More
Cronos’s price has been dropping hard since the asset underwent a rejection at $1.5, a few days back. Despite a huge selling pressure, the price managed to hold the lower support at $1, aiming to rebound & recover at the earliest. Currently trading at $0.1046 Cronos increased by 0.75% in the last 24 hours. Prices...Read More
Bitcoin price is currently trading at $19,400.89 with a slight rise of nearly 4% in the past 24 hours. Rekt Capital, a well-known cryptocurrency expert, forecasts that in the worst-case scenario, the price of a bitcoin might fall below $11,500, below the previous low of $13,900. The historical evidence suggests that the price of bitcoin...Read More
On Monday, most cryptocurrencies continued to experience losses, as Bitcoin started to fall once more against the US dollar below the $20,000 support level. BTC just dropped below $19,000 and is still at risk of falling as low as $18,000. The news of Ethereum falling below $1,300 may be more important than the decline in...Read More
Terra Classic (LUNC) seems to have been on a steady price recovery path during the past few days. The price of Terra Classic (LUNC) plummeted significantly after Do Kwon, the founder of Terraform Labs, received an arrest warrant. After billions were lost and regulators started to swarm, the development and control were turned over to...Read More
The upcoming Vasil upgrade presents a fresh challenge for Cardano. Based on existing patterns and estimates, analysts and experts have bearish predictions for the coin. The cryptocurrency dropped out of the top five by market value, but it was still able to hold onto some of its recent gains, outperforming Ethereum and other coins. In...Read More
The Ethereum Merge has done no good for the crypto bulls as the stocks continue to trend low and add to already intensified market pressure. On September 16, as the most recent cross-crypto slump grew stronger, Bitcoin (BTC) sought to breach local lows. At press time, BTC/USD reached $19,600 with support from buyers to avoid...Read More
A week ago, the markets were playing out well for Bitcoin as it had seen some upward momentum and had reclaimed the $22,000 area. In just seven days, the currency registered 7% gains. However, the flagship currency couldn’t hold on to the rally for long and it started its downward journey with the release of...Read More
The US CPI numbers have shown the Federal Reserve’s intention to raise interest rates further in order to reduce inflationary pressures brought on the increased government spending during the epidemic in the previous two years. There is outflow of funds in Bitcoin and the rest of the cryptocurrency market. Since then, more than half of...Read More
Till yesterday, the crypto market was displaying all signs of recovering well after a few disastrous months. However, the release of the Consumer Price Index (CPI) flipped the scenario, and the bears have regained dominance. It’s just not crypto, even the large tech stock, NASDAQ 100, ended the day in red, something which has not...Read More
At the time of publication, Shiba Inu is selling at $0.000013 after a pullback of 1.23% over the last 24hrs. As the currency is making such a move, there could be an opportunity for shorting if the price drops. If that happens, Shiba Inu’s price might see a fall of 27% and drop to $0.0000093....Read More
Bitcoin price is slowly gaining its dominance as the asset has been holding the lower support finely from the past few hours. The bulls appear to be well-positioned and hence the price may be on its way to reaching the immediate resistance just below $23,000. However, the volume has been bullish for the past week...Read More
The past week has seen significant gains for both Bitcoin and Ethereum, with regulatory news and ETH network update playing major roles. Over the last seven days, BTC has increased by more than 12%. Since then, the top cryptocurrency has recovered the $22,000 level as of publication, a level not seen since August. It’s interesting...Read More
When Bitcoin’s dominance decreases, it means that altcoins are performing relatively well and that the total cryptocurrency market capitalization is increasing. This usually leads to an increase in BTC price as well, since more money is flowing into the cryptocurrency market as a whole. As of now, Bitcoin is trading near the $22K price range,...Read More
The crypto markets displayed diverse price actions ever since the beginning of 2022 & displayed a contrasting behavior to what was being predicted. Considering the latest price action, the Bitcoin (BTC) price marked the very much-needed 10% jump during the previous trading day. While the market sentiments are coiling up, one of the well-known analysts...Read More
Terra Classic is building a powerful storm in the cryptocurrency market as the token has surged over 250% in September till now. The terra classic (LUNC) has gained an incredible increase of 463% over the last month. The crypto community has continued to push LUNC due to its newly introduced staking service and burning-token feature....Read More
Although negative sentiments dragged the Bitcoin price down drastically over the last few days, the asset is now displaying strength and continuing upward; it is up by 1.85% today, currently trading for $19,296. The asset’s price has a direct correlation with the U.S. Federal Reserve’s increase in interest rates. Similar selling pressure was still present...Read More
Burry is best known for predicting and profiting from the collapse of the housing bubble, inadvertently paving the way for the meme-stock boom by investing in GameStop, and betting against Elon Musk’s Tesla and Cathie Wood’s flagship Ark fund last year. His prediction of the 2008 housing market collapse became the subject of the book...Read More
The term ‘Whale’ refers to a trader in financial markets with a significant amount of capital. Due to the large size of a whale trader’s position, these investors are in a position to influence markets to move in either direction when they make large buy or sell orders. In the last 10 days, the Bitcoin...Read More
As the crypto market declines below $1 trillion, the price of Bitcoin (BTC) slips below $19,000. The price of the largest cryptocurrency is still fluctuating between $18,000 and $24,000, which keeps investors on edge wondering where the price will go next. After the latest sell-off, Bitcoin was unable to recapture the $20,000 mark. The likelihood...Read More
Shiba INU bulls get back in action as the price spike high, testing one of the pivotal resistance but failing to breach through the levels. However, the asset is still trading within the reach of the bulls and hence may regain the lost momentum soon. What led to SHIB Price Rally Today? SHIB price, from...Read More
The history of the crypto markets over the past 12 years is being examined by a well-known analyst to predict how this month’s performance of digital assets is likely to pan out. Popular cryptocurrency trader Benjamin Cowen informs his 766,000 YouTube subscribers in a new video update that Bitcoin (BTC) has seen bloodshed in nine...Read More
Cardano is among those assets which manifest a diverse trend, not much impacted by the current market trend. Regardless of the volatility & volume, the ADA price is swinging within a very narrow range, which has further squeezed nowadays. Therefore, significant volatility is expected to kick off irrespective of the direction of the rally, shortly. ...Read More
Bitcoin price was on the verge to close the monthly trade on a bearish note, however, the asset surged marginally above $20,000. Woefully, the asset is constantly hovering around $20,000, maintaining a constant descending trend. While the asset is believed to be under bearish captivity for a long, a notable upswing may be fast approaching. ...Read More
Bitcoin price is been closely watched nowadays by many. The unexpected twists and turns have not only surprised many but also have outspread the uncertain clouds over the upcoming rally. Historically, September has been proven to be the most bearish month of the year. Therefore, many analysts believe the star crypto may reach the bottom...Read More
