In this episode of NewsBTC’s daily technical analysis videos, we use the Fisher Transform and other tools to see how close Bitcoin is to putting an end to crypto winter. Take a look at the video below: VIDEO: Bitcoin Price (BTCUSD): October 24, 2022 Crypto Winter Bitcoin continues to be boring, but the theme of […]
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Bitcoin and Ethereum remain stuck in a range with no clear direction during today’s trading session. The crypto market’s uncertainty has been smashing on long and short positions, but one sector is blooming under current conditions. At the time of writing, Bitcoin trades at $19,360 with sideways movement across the board. Ethereum is displaying similar […]
Axie Infinity (AXS) is the leading play-to-earn ecosystem in the crypto space and has continued to maintain this title since its release. Its native cryptocurrency, AXS, has seen its price take a hit in the market since the bear market began alongside other digital assets in the space. However, it seems that the decline in […]
SOL’s price struggle to reclaim a key support area of $30 after losing this region. SOL breaks below a descending triangle as the price looks weak despite Bitcoin (BTC) dragging market prices upwards. The price of SOL respects the resistance line as the price trades below 50 and 200 Exponential Moving Averages (EMA). The price […]
Cryptocurrency whales are now investing heavily on Enjin Coin. Cryptocurrency whale tracker WhaleStats reports a total of 28,551,132 ENJ coins are in the whales’ possession. Given that one token is now trading at a market price of $0.4141, this amounts to $11.8 million. In tandem with the whale frenzy on ENJ coin, the Enjin development […]
Dogechain (DC), a recently introduced cryptocurrency, is posting big numbers in terms of gains since being added to the ever-growing family of the crypto space. Dogechain trading volume spikes to over $50 million in just two weeks DC price surges to $0.0045 before experiencing correction Dogechain blockchain looks to build up Dogecoin At press time, […]
The crypto market looks much better ahead of the new week than in previous weeks, with Bitcoin (BTC) closing the week on a high and aiming to reclaim a key region of $20,000. Despite the uncertainty, some altcoins have continued to look green in the face of the bear market, with many exciting projects coming […]
The monetary policy of the Federal Reserve (FED) continues to be the all-determining factor for both the financial markets worldwide and Bitcoin. With this in mind, all eyes are currently on November 02, when the next Federal Open Market Committee (FOMC) meeting is scheduled. However, while this is an external market risk, there is also […]
Cosmos (ATOM) started this year with a bang by attaining its all-time high (ATH) on January 17 when it traded for $44.45. But just like other cryptocurrencies, it failed to sustain that level and was relentlessly pummeled by the volatile crypto market. Cosmos has been down by 16.8% over the last month ATOM is forecasted […]
Ethereum gained pace and broke the $1,320 resistance against the US Dollar. ETH is showing positive signs and might surge above the $1,400 resistance. Ethereum started a steady increase above the $1,320 and $1,330 levels. The price is now trading above $1,300 and the 100 hourly simple moving average. There is a major bullish trend […]
Bitcoin price is moving higher above $19,250 against the US Dollar. BTC could eye a crucial upside break above the $19,500 and $19,650 resistance levels. Bitcoin started a fresh increase above the $19,200 and $19,250 levels. The price is trading above $19,200 and the 100 hourly simple moving average. There was a break above a […]
Popular meme coin, Dogecoin, has welcomed new holders into its ecosystem within the past three months. As per data from CoinMarketCap, the number of Doge holders has increased by about 2% from its July 24th number. While the coin has enjoyed increased investors, it hasn’t reflected in its price movement. It seems most investors are […]
SEC-battled XRP trades in the red zone despite other top coins enjoying significant gains as the crypto market finally gets some breathing space. October started out rough for top coins despite the month being known as favorable for the market. Most top coins traded in the red zone, while others, including XRP, suffered massive volatility. […]
On-chain data shows some dormant Bitcoin supply is again moving into exchanges, something that could be bearish for the price of the crypto. Bitcoin Exchange Inflow For Old Coins Has Observed Spikes In Recent Days As pointed out by an analyst in a CryptoQuant post, some coins in the age ranges 2y-3y and 3y-5y have […]
On-chain data suggests Bitcoin whales who accumulated during the June crash have continued to hold strong so far. Bitcoin Sum Coin Age Distribution Shows Strong Accumulation Around $18k As pointed out by an analyst in a CryptoQuant post, the $18k level has been getting support from the whales as they have made spot purchases at […]
It’s time to listen to the other side. Fat Man Terra used to be a cog in the Terra machine, but nowadays he’s the protocol’s biggest critic. He’s also a researcher, and his investigation lead him to believe that Terra was a scam from the very beginning. Of course, Laura Shin’s Do Kwon interview rubbed […]
Solana continues to paint its charts in red, registering declines on its intraday, weekly, biweekly, monthly and year-to-date price metrics. Solana loses over 7% of its value over the last seven days SOL’s extended bearish movement will likely pull the asset below $25 Solana’s current TVL is less than a billion The crypto has already […]
Ethereum completed its shift from proof-of-work (PoW) to proof-of-stake (PoS) via the highly anticipated “merge” last September 15, 2022. But after more than a month from that historic event, Bitcoin’s closest rival still has nothing to show for as its price flat-lined as it failed to take off despite the hype that surrounded the second […]
Bitcoin price has been moving within a restricted range for over a week now. The coin had attempted to move north over the past few days. However, it has not managed to trade near the $20,000 mark. The movement of the Bitcoin price has mainly remained sandwiched between $18,000 and $20,000, respectively. Over the last […]
CSPR’s price remains strong despite price facing rejection from a high of $0.055 as the price holds above the key support area. TWT breaks out of a descending triangle as the price looks strong despite Bitcoin (BTC) dragging market prices down. The price of CRV respects the downtrend line as the price aims to break […]