Ethereum, dubbed as the “king of all altcoins” and the second largest cryptocurrency in terms of market capitalization, managed to trim its recent losses as it continues to struggle in this extended crypto winter. According to tracking from Coingecko, Ethereum is changing hands at $1,332.18, going up by 2.1% over the last 24 hours and […]
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MATIC’s price shows strength as price breaks bounced off from $0.76 with good volume with eyes set to reclaim $1. MATIC breaks out of a downtrend as the price resumes a bullish structure. The price of MATIC continues to trade above the 50 Exponential Moving Average (EMA) on the daily timeframe. The price of Polygon […]
TRON (TRX), a lesser known cryptocurrency when compared to Bitcoin, Ethereum, Cardano and Dogecoin, made a loud noise in April 2021 when Tron Foundation announced the asset successfully leaped into the deflation era. In doing so, TRON managed to be the first ever deflationary virtual currency in the world, reducing its total supply then by […]
MATIC price started a steady increase from the $0.720 support zone. Polygon buyers might now aim a push towards the key $1.00 resistance. MATIC price is gaining pace above the $0.80 level against the US dollar. The price is trading well above $0.800 and the 100 simple moving average (4-hours). There was a break above […]
Bitcoin price was consolidating yesterday. However, the asset has moved north over the last 24 hours. The coin registered 2.2% appreciation. The crypto has now moved away from the $18,200 support level, although the aforementioned level continues to act as strong support for the Bitcoin price. The technical outlook also pointed towards the bulls not […]
Ethereum is slowly moving higher above the $1,320 level against the US Dollar. ETH could gain pace above the $1,350 and $1,400 resistance levels. Ethereum remained strong above the $1,265 support zone and started a decent increase. The price is now trading above $1,320 and the 100 hourly simple moving average. There is a major […]
Bitcoin price is slowly moving higher above $19,500 against the US Dollar. BTC could gain bullish momentum once it clears the $20,000 resistance zone. Bitcoin remained well bid and started a decent increase above $19,500. The price is trading above $19,400 and the 100 hourly simple moving average. There was a break above a key […]
Ethereum price displayed a recovery on its one-day chart. In the past 24 hours, the coin rose by 3%, which has now shifted the altcoin’s support level to a new one. The Altcoin is still not out of the woods as the bears continue to dominate. Buyers are still less in number as compared to […]
Who orange-pilled Kanye West? Is the most controversial person in the world a bitcoiner now? Over the last few weeks, the fashion mogul/ rapper has dominated news cycle after news cycle. And it now seems like bitcoin has entered his orbit. Or, did Kanye West enter bitcoin’s orbit? The always-calculated rapper/ performer was photographed wearing […]
Quant (QNT) is the first blockchain OS that enjoyed continued gains in the last week despite other coins facing turbulent times. The top-30 coin has enjoyed a five-day upswing, gaining over 34%. As of writing, Quant’s price is trading at $198, although it broke its $206 resistance during the day. The token is experiencing a […]
Crypto whales all across the board have been seemingly taking more conservative positions in stablecoins since the bear market started. This has evolved into larger holdings in dollar-pegged cryptocurrencies which have very low volatility. These digital assets have since become a safe haven for investors who are looking to escape highly volatile tokens but still […]
ATOM’s price shows strength as price breaks bounced off from $12 with good volume with eyes set to reclaim $13. ATOM breaks out of a downtrend as the price resumes a bullish structure. The price of ATOM continues to trade above 50 Exponential Moving Average (EMA) in the four-hourly timeframe. The price movements of Bitcoin […]
The crypto market is stuck in a tight range as larger cryptocurrencies are unable to break above key levels of resistance. The sector has been mostly inclined to the downside since September when Ethereum completed “The Merge”. At the time of writing, Bitcoin (BTC) trades at $19,500 with a 2% profit in the last 24 […]
MKR’s price shows strength as the price breaks out of a downtrend with good volume with eyes set on $1,200. MKR bounced from a low of $600 as the price rallied to a high of $1,000, preparing for a rally as the price eyes $1,200 key resistance. The price of MKR continues to trade above […]
In this episode of NewsBTC’s daily technical analysis videos, we are looking at the best chance Bitcoin and the rest of crypto has had for a bullish week in a long time. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): October 17, 2022 There continues to be not much movement in crypto, […]
Bitcoin has been moving sideways for the better part of a week after rebounding from a monthly low at around $17,900. The number one cryptocurrency hinted at a potential breakout, but once again the bulls are losing momentum leaving BTC’s price stuck at its current levels. At the time of writing, Bitcoin (BTC) trades at […]
Over time, the crypto market has strongly correlated with US equities, and Bitcoin has indicated a significant correlation with S&P 500 index. The price of the primary crypto asset has followed a similar pattern to the stock. Many predictions from experts on BTC were drawn from the possible outplay for the equity stock. Also, the […]
Cardano has often come under fire from those in the crypto space who have often mocked the apparent ‘lack of growth’ of the network. This has been especially more prominent when it comes to the decentralized finance (DeFi) part of the blockchain, as it continues to remain well behind its counterparts in the sector. However, […]
The current crypto winter has left bearish sentiments on Bitcoin and other crypto assets in the market. As a result, several, if not all, assets’ values are on their way to the bottom, leaving massive losses for retail and institutional crypto investors. Experts have released several speculating analyses regarding the ongoing bear market, including the […]
While the broader crypto market continues to linger in bear territory, one cryptocurrency continues its steep climb undeterred and now occupies rank #27 in the top cryptocurrencies by market capitalization. Quant (QNT) was trading at half its price exactly one month ago. Today, QNT broke through the $200 mark for the first time since November […]