On-chain data shows the Bitcoin MVRV triple ribbon has once again formed a signal that has lead to an average of 30% decline during previous instances this year. Bitcoin MVRV Triple Ribbon Shows Bearish Signal Formation As pointed out by an analyst in a CryptoQuant post, the latest trend in the BTC MVRV triple ribbon […]
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The crypto market has seen over today’s trading session as large cryptocurrencies retrace as much as 20% during the weekend. The near term seems likely to trend to the downside, at least until the end of the week, according to a group of experts. At the time of writing, the crypto total market broke below […]
Coinbase is pleased to share the addition of PayPal to the Travel Rule Universal Solution Technology (TRUST) network. TRUST is a global, industry-driven solution designed to increase compliance with a requirement known as the Travel Rule while prioritizing the security and privacy of customers. PayPal has been a leader in digital payments for more than […]
The hype around the Ethereum network had built up following the announcement that the Merge was scheduled to take place on September 15th if everything went according to plan. The price of ETH had seen a massive run-up off the back of the news, seeing it touch above $2,000, albeit briefly. However, as the weeks […]
Polkadot (DOT) price shows that the coin has finally latched on to its support zone. Polkadot price analysis looks extremely bearish DOT/USD resistance at $7.79 DOT/USD support at $7.05 The bulls did a clap back and were able to rebound as DOT dodged […]
Bitcoin has been trading in the red over the past few days and seems on track for further losses over the short term. The cryptocurrency gave back a large portion of its profits since the start of August and could re-test support at around $20,000. At the time of writing, Bitcoin (BTC) trades at $21,200 […]
Bitcoin and other cryptocurrencies in the market have seen the most prolonged bearish price movement since 2017 and 2018. According to data, the general crypto market has lost $2 trillion since the massive rally of 2021. But even with the occasional spikes these months, crypto prices fluctuate more towards the red lines. For instance, Bitcoin […]
Cardano (ADA) was enjoying the uptrend last month. Following the price rally that insinuated a rise in the entire crypto market, crypto prices have nosedived again in the past week. ADA prices reaches buy zone Cardano lost 18% the past week ADA price drops 2.88% as of press time After the formation of that uptrend […]
Welcome to the first episode of NewsBTC’s all-new daily technical analysis videos. In the first episode, we are looking at Bitcoin price action using the weekly BTCUSD price chart. Specifically, this episode looks at Bitcoin’s “most profitable buy signal” in its entire history: the hash ribbons. In addition, we analyze weekly momentum using the logarithmic […]
The 2022 bearish trend is still pushing many crypto prices below expected marks. The market also spiked a few times amid the raging crypto winter in the last few months. But the pullbacks have persisted and continue to overthrow the short-lived rallies. Apart from companies closing up shops, downsizing staff, and declaring bankruptcy, investors have […]
Fantom network was able to log more than 300,000 active weekly users which is a 4% decrease from the 325,000 users tracked the past week. Fantom treads the bearish route as negatively impacted by the crash of the crypto market FTM social metrics down Fantom records over 300,000 active weekly users The bears are definitely […]
The crypto market saw retracement across all boards with the crypto marketcap being rejected from its resistance of $1.2 trillion leaving top cryptos affected. This has led to market sentiments going back to bearish with many crypto assets sitting on the key support zone. Let us focus on the top 5 cryptos you should pay […]
Gnosis is an open-source and decentralized prediction market platform built on the Ethereum blockchain. Described as « crowdsourced wisdom » in the Gnosis whitepaper, prediction markets allow users to speculate on any event, sports, political, etc. and utilize user predictions to aggregate information about future events. Moreover, Gnosis is creating an infrastructure layer to enable developers to […]
As a cryptocurrency trader, you were undoubtedly faced with the dilemma of having to choose an exchange to suit your investment needs among a staggering number of cryptocurrency exchanges out there. To help you pick the right trading platform that suits your needs, CoinStats regularly reviews leading platforms like Binance, Coinbase, or Kraken and relatively […]
A crypto faucet is a website or an application that enables users to earn small crypto rewards in return for completing easy tasks, such as completing a captcha, watching videos and adverts, completing surveys and quizzes, or playing computer games. The term « faucet » refers to the small amount of rewards, similar to the tiny drops […]
Many understand the power of NFTs and content creation. Many more continue to herald the technology as it helps creators connect directly with fans by tokenizing artistic and other creative work. NFTs are viewed as an important tool towards democratizing creative endeavors, since more people can get involved without having to go through a third-party […]
Ethereum declined heavily below the $1,750 support against the US Dollar. ETH is showing bearish signs and remains at a risk of more losses below $1,550. Ethereum started a fresh decline and traded below the $1,600 level. The price is now trading below $1,650 and the 100 hourly simple moving average. There was a break […]
MetaSolare is a new Web3 startup for “MusicFi”, “AnimeFi”, and “GameFi” whose co-founders include DJ Steve Aoki and Masato Matsuura, chairman of Japanese Entertainment Company Avex. Today the company made its official launch, releasing details of its upcoming Web3 project, which are available on its official website. The world is on the verge of a […]
Bitcoin declined heavily below the $22,000 support zone against the US Dollar. BTC is correcting gains, but upsides might be limited above the $22,500 resistance. Bitcoin extended losses and declined below the $22,000 support. The price is now trading below the $22,000 level and the 100 hourly simple moving average. There is a major bearish […]
XRP price has demonstrated a significant uptick that come with engaging social media tweets and discussing. Does this hint a potential bull run? XRP price amplified by social media mentions during summer Ripple now an official World Economic Forum partner Crypto price bleeds […]