Archives par catégorie: Business

Bitcoin Faces Key Decision Above $20,700, Will Price Rally To $21,500?

Bitcoin Faces Key Decision Above $20,700, Will Price Rally To $21,500?

BTC’s price shows strength as it bounces from a downtrend range with high volume, aiming for a rally to $21,500. BTC faces a major decision test to trend higher above $21,000 after the price broke out of its downtrend descending triangle price movement. BTC’s price remains strong on the daily timeframe above the 50 Exponential […]

Ethereum Price Holds Strong at $1,500: A Strengthening Case for Upside

Ethereum Price Holds Strong at $1,500: A Strengthening Case for Upside

Ethereum gained pace and broke the $1,500 resistance zone against the US Dollar. ETH is consolidating gains and might eye more upsides above $1,600. Ethereum is showing positive signs above the $1,500 and $1,520 levels. The price is now trading above $1,520 and the 100 hourly simple moving average. There is a major contracting triangle […]

Big Day For Bitcoin As Investors Eye ECB And US GDP Numbers

Big Day For Bitcoin As Investors Eye ECB And US GDP Numbers

The Bitcoin price has woken up from its Snow White slumber over the past two days. As NewsBTC reported, the price rally started shortly after the Dollar Index (DXY) showed weakness and suffered a sharp setback. For much of 2022, Bitcoin and the dollar index were inversely correlated. While the DXY was rising relentlessly and […]

Bitcoin Price Grinds Higher, Why BTC Could Lift-off To $25K

Bitcoin Price Grinds Higher, Why BTC Could Lift-off To $25K

Bitcoin price is gaining pace above $20,000 against the US Dollar. BTC is showing positive signs and might rise further towards $22,000 or even $25,000. Bitcoin is gaining pace above the $20,000 and $20,500 resistance levels. The price is trading above $20,000 and the 100 hourly simple moving average. There is a major contracting triangle […]

Ethereum Classic Flashes Bullish Signs As Volume Rises; Will $32 be breached?

Ethereum Classic Flashes Bullish Signs As Volume Rises; Will $32 be breached?

ETC’s price shows strength as it bounces from a downtrend range with high volume, aiming for a rally to $30. ETC faces a major test to trend higher above $30 after the price broke out of its descending triangle price movement. ETC’s price remains strong below the 50 and 200 Exponential Moving Averages (EMA) as […]

Polkadot On A Bullish Run, Is This Price Level The New Target?

Polkadot On A Bullish Run, Is This Price Level The New Target?

Polkadot price has registered a bullish revival on their 24-hour chart. Over the past day, DOT logged double-digit gains. In the past week, the altcoin has lost close to 3% of its market value. The major market movers have turned optimistic today, and most altcoins have followed suit. The technical indicator of Polkadot has registered […]

Dogecoin (DOGE) Rallies With Over 10% Gains; Will Price Finally Hit $0.1?

Dogecoin (DOGE) Rallies With Over 10% Gains; Will Price Finally Hit $0.1?

DOGE’s price shows strength as it bounces from a downtrend range with high volume, aiming for a rally to $0.1. DOGE faces a major test to trend higher above $0.1 after the price broke out of its long-range price movement. DOGE’s price remains strong above the 50 Exponential Moving Average (EMA) as it attempts to […]

Is Bitcoin Rise Above $20k Sustainable? Here’s What On-Chain Data Says

Is Bitcoin Rise Above $20k Sustainable? Here’s What On-Chain Data Says

Bitcoin is now back above the $20k mark after observing some sharp uptrend over the past day, but is this pump sustainable? Here’s what on-chain data has to say about it. Bitcoin All Exchanges Netflows Remain Muted Following The Price Rise As explained by an analyst in a CryptoQuant post, the BTC exchange netflows can […]

Avalanche Fires Back to $17; Can The Bulls Push More To $20 Instead?

Avalanche Fires Back to $17; Can The Bulls Push More To $20 Instead?

AVAX’s price shows strength as it bounces from a downtrend with high volume, aiming for a rally to $20. AVAX faces a rejection to trend higher above $17 after the price fell sharply below key resistance. AVAX’s price remains strong below the 50 Exponential Moving Average (EMA) as it attempts to rally past a key […]

Hedera: A Quick Evaluation Of The Network – And How HBAR Performed This Week

Hedera: A Quick Evaluation Of The Network – And How HBAR Performed This Week

According to Messari, the performance of Hedera in the third quarter this year defied the prevailing market mood and is currently witnessing growth not seen on other protocols. DefiLlama claims that the protocol’s TVL increased by an impressive 137%. For comparison, Hedera’s quarterly network expansion occurred during a period when other networks were contracting. In […]

Bitcoin Bollinger Band Breakout Starts To Squeeze Shorts | BTCUSD Analysis October 26, 2022

Bitcoin Bollinger Band Breakout Starts To Squeeze Shorts | BTCUSD Analysis October 26, 2022

In this episode of NewsBTC’s daily technical analysis videos, we take a look at the ongoing Bitcoin price breakout above the upper Bollinger Band on daily BTCUSD charts and provide some insight into what the next targets might be. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): October 26, 2022 The breakout across […]

Dormant Ethereum Whale Rouses As Crypto Market Sees A Revival

Dormant Ethereum Whale Rouses As Crypto Market Sees A Revival

The crypto market has now seen a much-needed recovery after weeks of flat market prices. Most digital assets in the space are currently in the green and Ethereum is no different. The second-largest cryptocurrency by market cap is up by more than 14% in the last 24 hours, plunging more investors into profit. Just like […]

MakerDAO Invests Hefty Amount Becoming The Largest Stake Holder In USDC

MakerDAO Invests Hefty Amount Becoming The Largest Stake Holder In USDC

The extended bearish trend caused panic and massive sell-offs in the crypto space. But it seems that the industry still records progressive moves. For example, a recent report shows a new partnership between Coinbase and MakerDAO. This collaboration aims to become the largest USDC holder. The world’s largest crypto exchange Coinbase announced the partnership. According […]

Stellar (XLM) Could Grow Dim This Week, But Buyers Don’t Need To Back Down

Stellar (XLM) Could Grow Dim This Week, But Buyers Don’t Need To Back Down

Stellar (XLM), the 27th ranked cryptocurrency in terms of market capitalization, managed to pump its spot trading price by 2.1% over the last 24 hours. At press time, according to tracking from Coingecko, the asset is changing hands at $0.112 and has been down by 3.3% and 4.4% on is biweekly and monthly charts, respectively. […]

Bitcoin’s Break Above $20,000 Sees Market Liquidations Cross $1 Billion

Bitcoin’s Break Above $20,000 Sees Market Liquidations Cross $1 Billion

Tuesday has proven to be a good day for bitcoin and the crypto market in its entirety as gains have been the order of the day. Bitcoin has finally been able to clear the $20,000 territory even when indicators pointed towards the more sluggish movement for the digital asset. As expected, there have been ripple […]