The Bitcoin price surged over the last 24 hours. However, the bulls have lost steam on the chart. The coin gained nearly 4% in the last 24 hours, but most gains were reversed at press time. In the last week, BTC made no progress in terms of price movement. Technical indicators were yet to reflect […]
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A well-known, conservative crypto analyst gave a bullish commentary about the price of Bitcoin. According to a YouTuber, further proliferation of the digital asset will cause a steady rise of BTC to a million dollars. On a YouTube video, InvestAnswers signaled that BTC is approaching diminishing returns. Diminishing return is when an asset gets to […]
The Solana network had been one of the winners of 2021 after gaining widespread popularity among crypto users. Its incredibly fast transaction times had been one of the pulls, as well as the ability for developers to create decentralized applications (DApps) on the network. Since the beginning of 2022, the network has been racing toward […]
After plummeting to significant lows in July, bitcoin has been locked in a sideways trading action angling towards higher prices. Still, investors are anxious to see what’s going to happen next. Last week, the Federal Reserve’s decision to squeeze more US Dollars out of circulation with another interest rate hike sent BTC tumbling. After finding […]
Uniswap price is consistently travelling southward on the one-day chart. UNI’s bulls have not been able to break past its immediate support, causing traders to lose confidence. Over the last 24 hours, Uniswap lost 4% of its value. In the past week, UNI surged 4% on the one-day chart. The technical outlook of UNI remained […]
In this episode of NewsBTC’s daily technical analysis videos, we examine the reason for today’s volatility and rally rejection. We also look ahead at the factors that could give Bitcoin price a green October. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): September 27, 2022 This morning, Bitcoin began with a large, […]
The collapse of the algorithmic stablecoin Terra and its ecosystem in May 2022 created a massive crisis in the crypto space. Coupled with the extreme crypto winter, the industry witnessed massive losses. As a result, billions of dollars were lost, and many investors lost faith in crypto. Gradually, the space is experiencing a revival as […]
Data shows the Bitcoin 90-day Coin Days Destroyed metric has hit an all-time low, here’s what it says about investors in the BTC market. Bitcoin 90-Day CDD Has Recently Plunged To A New All-Time Low As per the latest weekly report from Glassnode, old BTC supply is more dormant right now than it has ever […]
The Bitcoin price has experience volatility over today’s trading session as the cryptocurrency rallied to the $20,000 level. Across social media platforms, some market participants celebrated the bullish price action, but they went silent as BTC stumbled back into its range. At the time of writing, the Bitcoin price trades at $18,900 with a 1% […]
There’s a correlation between macroeconomic factors and crypto assets like Bitcoin. Harsh and stricter factors increase the volatility of virtual tokens negatively. This is also the case for equity stocks and their markets. The past week brought a downtrend to the primary cryptocurrency. Bitcoin was seen going toward the $19,000 region without any anchor. The […]
ENS price ranges break above 50 EMA on the daily timeframe. ENS price gets rejected as price attempts to break out of an asymmetric triangle. The price holds above daily support and could retest daily resistance for a possible break. Ethereum Names Service (ENS) price showed bullish strength recently, but the price has struggled to […]
Short bitcoin has been at the forefront of investors’ attention over the last few months. Since it launched, it has garnered an impressive asset allocation and has not eased up. This is not surprising as the market had begun another bear run. However, last week, investors began to move the other way when it comes […]
Despite the bear dominance, global cryptocurrency adoption remains on the rise. This growth fuels the influx of new entrepreneurs coming to the crypto industry and looking for opportunities to launch their own innovative product. We asked those who already succeeded in the cryptocurrency-related businesses what newbies in the crypto market should keep in mind when […]
Geeq, a Canada-based blockchain company, has been granted a patent in the United States for features of its multi-blockchain, layer-zero protocol’s security and scalability systems, according to a press release. Details found in the patent’s application describe a technology termed “Proof of Honesty,” which is Geeq’s alternative to predominant proof-of-work and proof-of-stake consensus mechanisms. Additionally, […]
AAVE has been showing hints of recovery today which is quite the opposite of its figures a few hours ago. AAVE shows signs of recovery as price climbs by 7.35% Coin generally bearish but the bulls are now attempting to take over AAVE breaches $77.53 level This could be due to the general crypto market […]
In response to proposals from the LUNC community, Binance has decided to burn all fees on LUNC spot and margin trading pairs. Binance said it would send the trading fees and margin trading pairs to LUNC burn addresses. The announcement was made via a blog post on Binance’s official website. The Terra Classic community expressed […]
The Crypto.ro team from Romania went to the financial center of Wall Street in New York to film content for the Crypto.ro Academy, an educational platform about blockchain technology and crypto assets. The financial education platform will debut on October 11 and will give participants the opportunity to learn about cryptocurrencies. On Wall Street, the […]
Twitter threads from last week reveal a series of heated arguments between Cardano founder and Ethereum’s co-founder, and Vitalik Buterin. Amid several backlashes caused by lapses in the Ethereum Upgrade, the co-founders argue over the execution of the POS consensus mechanism. A lot has transpired within the past days after the Ethereum upgrade. Also, there […]
The controversial Arthur Hayes asks a burning question in his latest blog post. Is the PoS Ethereum prone to centralization? The former BitMEX CEO compares it to the Binance Smart Chain, that’s famously and admittedly centralized. Arthur Hayes also describes how the validator’s disagreements with the majority are going to go, and predicts disaster for […]
PancakeSwap (CAKE), just like any other cryptocurrency, has had its share of ups and downs. PancakeSwap registers over 53% increase in 24-hour trading volume PancakeSwap among trending BNB projects today CAKE’s next resistance level could be at $5 Just two months after it was launched on September 2020, the token hit its all-time low to […]