Avalanche price action has remained bearish on the chart at the time of writing. AVAX has maintained the price above its support line of $22. Right after the coin surged and revisited the $24 mark, it started to retrace on its chart. This is a price correction as Avalanche price showed appreciation over the last […]
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Bitcoin extended losses below the $22,650 support against the US Dollar. BTC is attempting another recovery and might face hurdles near $23,100. Bitcoin remained in a bearish zone and extended losses below the $23,500 level. The price is now trading below the $23,000 level and the 100 hourly simple moving average. There was a break […]
Ethereum price was trading laterally between the $1,700 and $1,600 price mark. At the moment Ethereum was standing firm on the $1400 support line. Over the last 24 hours, Ethereum price depreciated over 4%. Bearishness started to prevail on ETH’s chart and technical outlook pointed towards the same direction. For the bulls to resurface Ethereum […]
Bitcoin funding rates had fallen below neutral two weeks ago after finally recovering from a month-long downtrend. This had sparked fears of another bearish trend starting in the market. However, this has quickly changed as the numbers for last week have come in. This time around, the bitcoin funding rates are painting a better picture […]
Binance coin (BNB) bulls look set to break key resistance with so much buying pressure that could send BNB price higher. The price of BNB looks really strong after showing some positive signs in the past few days with a lot of bids created by BNB bulls driving the price of the coin despite the […]
Bitcoin has been slowly trending to the downside over this week. The first cryptocurrency by market cap seems to have lost momentum as uncertainty spills into the crypto market from legacy markets. At the time of writing, Bitcoin trades at $22,600 with a 4% loss in the last 24 hours and a 1.2% loss over […]
Avalanche (AVAX) price is seen to soar by 24% or $32 within its consolidation period. A breach projected overshooting the descending parallel channel would nudge AVAX closer to its hurdle or resistance level at $25. After AVAX was able to maintain support at $22.50, a bull run is anticipated to happen. Avalanche was recently rejected […]
Ethereum has lost steam after a week of trading in profits. The elements for a potential extension of the bullish momentum were laid out in the macro-economic stage. Still, rising tensions between China and the United States have brought back uncertainty to the global financial world. U.S. Congresswoman and Speaker of the House of Representatives […]
The price of bitcoin has had an eventful start to the month of August, and it doesn’t look like it will be stopping anytime soon. Mostly, it is the residual effects of what happened in the markets during the month of July, where the price of bitcoin had actually broken above $24,000. In the same […]
Polygon (MATIC) price has registered an intense bullish stride seen the past couple of weeks. The coin’s upcoming merge with Ethereum seems to have triggered the rebound. MATIC price is hugely bullish ramming to a high of $0.9075, which is a little under July’s ATH seen at $1.01. MATIC has spiked by more than 190% […]
Solana (SOL) struggles to break key resistance after it suffers a huge loss on a hot wallet hack, losing over $5M creating so much panic in the heart of many faithful. The price of SOL looked strong in the early part of the week, trading above $40, trying to break the resistance before having an […]
Binance Coin (BNB) seems to thrust upwards targeting the $350 mark with the support level spotted at $275 and resistance at $295. According to CoinMarketCap, the Binance Coin’s price has spiked by 3.06% or $300.17 as of this writing. Meanwhile, BNB has tapped on the support zone at $240 instigating a bullish movement that would […]
Coinbase selected by BlackRock; provide Aladdin clients access to crypto trading and custody via Coinbase Prime Tl;dr: Coinbase and BlackRock to create new access points for institutional crypto adoption by connecting Coinbase Prime and Aladdin By Brett Tejpaul, Head of Coinbase Institutional and Greg Tusar, Vice President, Institutional Product Over the past few years, Coinbase has played […]
The Sango Initiative is something that many crypto investors have heard of but have wrongfully dismissed as just another CBDC. The fact that it is government-backed seems to have cemented this thought in the minds of many. However, Sango is so much more than that. The Sango Initiative comes out of the Central Africa Republic […]
Bitcoin is the biggest cryptocurrency by market capitalization and is the most popular. But several other coins have impressed investors. The rest of the coins are known as altcoins – Bitcoin alternatives – and many altcoins projects have provided significant returns higher than just holding Bitcoin. The potential downside can be higher also though – […]
With all the hype surrounding the Metaverse, the NewsBTC team caught up with Tim Bullman, the co-founder of Caduceus Foundation to learn more about their initiative. Caduceus is a blockchain dedicated to metaverse development, supporting developers and creators to build their own metaverse, NFT, GameFi and DeFi projects. Here are excerpts from our interview. Q: […]
A new Deloitte survey titled “Merchants getting ready for crypto” contains extremely bullish news. It clearly shows that businesses of all sizes are getting ready for all kinds of crypto payments. And the vast majority believe that they will become ubiquitous in the next few years. Merchants, they are just like us. Deloitte produced the […]
Polkadot price has steadied itself above the $8 price mark. The coin seems to be extending the price recovery as DOT looks at moving past its next price ceiling. It also formed a bullish pattern on its daily chart. The cup and handle pattern that Polkadot has been forming for the past two months indicate […]
Ethereum remained supported above the $1,550 zone against the US Dollar. ETH is rising and might gain pace if there is a clear move above the $1,670 level. Ethereum found support near $1,560 and started a fresh increase. The price is now trading above $1,620 and the 100 hourly simple moving average. There is a […]
Bitcoin is facing a key resistance near the $23,500 zone against the US Dollar. BTC must clear $23,500 to avoid a fresh bearish reaction in the near term. Bitcoin is struggling to rise and trading below the $23,500 level. The price is now trading below the $23,200 level and the 100 hourly simple moving average. […]