Bitcoin found support near $34,300 and started a strong recovery against the US Dollar. BTC climbed above $38,000, but it is still struggling near $40,000. Bitcoin found support near the $34,300 and $34,500 levels. The price is trading above $38,000 and the 100 hourly simple moving average. There is a key bullish trend line forming […]
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Despite the crypto market’s bloodshed, in the past few days, the Cardano (ADA) trading activity has been relentless, and its holders’ balance remains strong with a multi-year high. Into The Block data indicates that the wallet balance held by long-term Cardano holders hit a multi-year high on February 23. “Regardless of the price action, Cardano‘s […]
Minutes after Russia announced a “special military operation” in Ukraine, effectively declaring war on the Eastern European country, Vitalik Buterin, a Russian-Canadian cofounder of the Ethethereum B blockchain, criticized Russian President Vladimir Putin on Twitter. Buterin Speaks Out Buterin said on Wednesday evening that he was “very upset” by Putin’s choice to start a war […]
For the past year, bitcoin has shown a cyclicality that has been on a semi-regular basis. For most of last year, most months had finished in the positive with green candles dominating the market. However, while most of the months have been positive, there have been significant differences between the first half of the month […]
The broader crypto market jolted hard owing to the tension between Russia and Ukraine. Uniswap broke below its crucial support level and was priced at $8.32. Bitcoin slid off its charts at press time, after noting a 9% depreciation. The crypto market had barely recovered from the December crash. With the Russia and Ukraine tension […]
The escalation of tensions between Russia and Ukraine continues apace, and all global markets have plummeted today. During this crisis, the leading cryptocurrency Bitcoin (BTC), which was trading for $34,000 at the time, retreated then recovered. This, according to a well-known analyst, is the perfect time to invest in Bitcoin. Bitcoin Falls Following Tensions Bitcoin […]
As the Biden administration slaps economic sanctions against Russia to contain the crisis in Ukraine, Russia is using various cryptocurrency tools to maintain access to foreign capital. As Russia attacked Ukraine, cryptocurrency prices fell sharply. On Thursday morning, Bitcoin prices declined to more than 8%, to settle at $34,702.18, marking its lowest level in around […]
Bitcoin is currently down on the charts and has broken below $35,000 as at the time of this writing. As the crisis between Ukraine and Russia rages on, with reports of the latter already invading the former, the markets have taken a beating down even before the financial markets open for trading for the day. […]
Ertha Metaverse, one of blockchain gaming’s most talked about metaverses has today announced the listing of the ERTHA token on another of the crypto industry’s top exchanges – ByBit. With over 5 million registered users across the globe, ByBit is a fantastic fit for Ertha. In addition to being one of the fastest-growing cryptocurrency derivatives […]
Dogecoin (DOGE) is expected to reach $0.163 a unit this year, according to a top product comparison site. In a survey, some 33 analysts predicted the value of DOGE to reach $0.316 per unit by 2025. By the end of 2022, DOGE is predicted to reach a price of $0.25, the analysts said. According to […]
The crypto was red on Wednesday night but took a nosedive on Thursday morning when it became clear that Russia was attacking Ukraine. Yesterday, US stocks went into freefall as tensions in Ukraine continued to escalate. The SPX500 (-2.25%), DJ30 (-1.69%), and NASDAQ100 finished heavily red with investors fleeing safer assets. Tensions have been high […]
D.C. United of the Major League Soccer (MLS) has signed a three-year jersey sponsorship arrangement with blockchain technology developer XDC Network as recently announced by the MLS giant. For the first time in the history of Major League Soccer, D.C. United supporters will have access and experiences never previously been available in the sport (MLS). […]
On the heels of Ukraine’s economic troubles, Bitcoin and Ethereum have taken a pounding in the crypto market. According to multiple news reports Thursday, around two dozen Russian cruise missiles have hit specific targets in two cities in Ukraine, including its capital, Kyiv. Russia’s attack undoubtedly is the cause of the current tremor shaking the […]
On-chain data shows Bitcoin investors haven’t moved large amounts to exchanges in response to the Russia-Ukraine war (at least for now). Bitcoin Exchange Reserve Doesn’t Spike Up Following The War Breakout Between Russia And Ukraine As pointed out by an analyst in a CryptoQuant post, the BTC reserve hasn’t moved significantly after the news of […]
Last Thursday, TRON DAO and BitTorrent Chain (BTTC) announced the launch of the TRON Grand Hackathon 2022 and its first-ever TRONDAO Forum. Registration for the Hackathon began appropriately on Valentine’s Day, February 14, just in time to spread the love for new entrepreneurs, engineers, and designers, to have the chance to add to the advancement […]
Ethereum started a strong decline and traded below $2,500 against the US Dollar. ETH price is diving and remains at a risk of more downsides below $2,200. Ethereum started a major decline after it failed to surpass 2,750. The price is now trading below $2,500 and the 100 hourly simple moving average. There was a […]
Bitcoin failed to clear the $39,500 resistance zone against the US Dollar. BTC started a fresh decline and is showing bearish signs below $38,000. Bitcoin failed to gain strength above the $39,000 level and stayed below $40,000. The price is trading below $38,500 and the 100 hourly simple moving average. There was a break below […]
Bitcoin has not had the best couple of things and altcoins have been subjected to the same fate too. The market has continued to succumb to pressure being mounted by various social issues, from the Canada protests to the brewing conflict between Ukraine and Russia. In all of this, however, bitcoin has mounted better resistance […]
Tezos (XTX) has had a tough few months, but things are looking up for this blockchain cat patent-pending coin. Unfortunately, after slumping to an all-time low at the start of January and then climbing back up over 80% by early February – it seems like there’s not much more room left in its recovery. The […]
Data shows the Bitcoin correlation with S&P 500, and hence the stock market, has now set a new all-time high (ATH). Bitcoin Correlation With S&P 500 Reaches New High As pointed out by an analyst in a CryptoQuant post, the BTC correlation with the stock market is currently at an all-time high, further damaging the […]