Archives par catégorie: Business

Bitcoin trimmed gains and declined below $21,000 against the US Dollar. BTC must stay above $20,500 to avoid a major decline in the near term. Bitcoin failed to stay above the $21,000 support and extended drop. The price is now trading below the $21,500 level and the 100 hourly simple moving average. There is a […]

On-chain data shows Bitcoin miners have deposited large amounts to derivatives exchanges recently, a sign that these network validators may be hedging against potential future falls. Bitcoin Miners Have Been Transferring To Derivatives Exchanges Recently As pointed out by an analyst in a CryptoQuant post, around 4.3k BTC has exited miner reserves during the last […]

Dogecoin (DOGE) could not muster enough strength on Saturday as the collapse of Elon Musk’s Twitter acquisition crushed hopes for the mainstream acceptance of the coin. After the disclosure, the price of the largest memecoin in the world decreased by more than 4 percent. In recent weeks, the token looks to be reacting less strongly […]

The eighth-largest cryptocurrency, Cardano (ADA), has shown some indications of life during the last two weeks. The network’s minor improvements were what actually encouraged investors’ hope. After that, Cardano must work even harder to surpass $4 and catch up to Ethereum in terms of market capitalization. According to CoinGecko’s data, ADA is now trading at […]

Dogecoin has been flashing bullish signs on its short term chart. The coin is currently trading laterally. Over the past week, DOGE registered 7% appreciation. The meme-coin has stabilised on the $0.06 support line. The key support level for the coin stood at $0.064. For DOGE to continue on a bullish path, demand for the […]

Bitcoin has witnessed a massive plunge from the $30,000 level to $20,000 in the month of June. Price of Bitcoin has been witnessing movement within a range of $20,000 and $21,000 respectively. The short term technical outlook of the coin has been pointing towards bullishness. It is however too soon to term the upward price direction […]

There are a lot of bitcoin forecasts that are circulating around the crypto space. However, pinpointing the correct level that the digital asset will fall into has been one of the hardest tasks. Nevertheless, the analysis can often try to tell what will happen next for the digital asset due to market movements and one […]

According to Fidelity’s Jurrien Timmer, Bitcoin is currently undervalued. The benchmark crypto has been pushed back to 2020 levels after losing over 70% of its value in the past months. Related Reading | Crypto Traders Lose $280 Million Following Bitcoin’s Break Above $22,000 At the time of writing, Bitcoin has begun showing some green as it […]

Data shows the Bitcoin Coinbase premium gap has surged up to positive values, suggesting that buying from investors on the exchange could be behind the pump to $22k. Bitcoin Coinbase Premium Gap Observes Sharp Rise To Positive Values As pointed out by an analyst in a CryptoQuant post, after many months of negative values, the […]

Bitcoin managed to break above the resistance level above $21,000 and seems poised for further gains. The cryptocurrency records its first week in the green after relentless selling pressure pushed it to a multi-year low of around $17,000. Related Reading | Why Weakening Bearish Bitcoin Momentum Could Give Bulls The Upper Hand At the time of […]

As the week draws to a close, there have been some interesting turns in the price of bitcoin. The digital asset which had been struggling to hold the $20,000 had finally broken out of this funk and was able to make a rally to the mid $22,000s. This rally had naturally led to liquidations in […]

Bitcoin price has taken a beating over the last several months, resulting in the worst quarterly close since 2011. The bearish momentum has been brutal as crippling contagion spreads across the cryptocurrency market. However, bearish momentum on weekly timeframes has begun to weaken, providing bulls with their first opportunity to capitalize in some time. Bitcoin […]

Because of the incredible depth and intricacies of the global financial market, the skill levels of investors and traders vary significantly across the board. As such, the needs of these different types of traders must be addressed equally. Many platforms either focus too heavily on professional tools, making the platform inaccessible for newcomers and novices. […]

Over the past 24-four hours, Solana (SOL) maintained a strong position above the $35.00 support level and displayed a reversal pattern indicating a rebound. As of this writing, SOL is trading at $36.86, up 13% in the last seven days, data from Coingecko show. SOL currently has a trading volume of $1,177,991,581, down 24% in […]

Decentralized finance, or DeFi, has revolutionized business and unlocked new value across every industry sector. However, significant problems have emerged with blockchain technology, hindering the unlocking of the full potential of Web 3. Vitalik Buterin, the Ethereum blockchain co-founder, has postulated a so-called « blockchain trilemma, » meaning a blockchain is unable to deliver decentralization, scalability, and […]

Bitcoin (BTC) is now showing signs of vigor, after weeks of being smothered in crimson, and drilling past the $21,000 level, to the delight of some crypto investors. As of this writing, the most sought after crypto asset is trading at $22,200, up 13% in the last seven days, data from Coingecko show, Friday. BTC […]

Ethereum gained pace and cleared the $1,200 zone against the US Dollar. ETH is up 8% and might continue to climb higher towards $1,300 or $1,320. Ethereum extended gains and climbed above the $1,200 resistance zone. The price is now trading above $1,200 and the 100 hourly simple moving average. There is a crucial bullish […]

Bitcoin surged nearly 10% and broke the $22,000 resistance zone against the US Dollar. BTC could correct lower, but the bulls might be active near $21,250. Bitcoin jumped and broke a major hurdle near the $22,000 zone. The price is now trading above the $21,500 level and the 100 hourly simple moving average. There was […]

Bitcoin miner revenues have been in decline since the bear trend began and this has led a good number of miners to sell their BTC holdings in order to keep their operations afloat. However, the expectation that the bear market would soon resolve and miners would once again be in the green has since gone […]

BKEX, a global crypto-asset financial exchange, was founded in the British Virgin Islands in 2018. It focuses on the acquisition and mining of high-quality digital assets and provides an innovative global station, as well as investment and trading services across a wide range of cryptocurrencies. The exchange provides services in over 100 countries. In addition […]