Fri, November 15

Ethereum (ETH) Still Down 19%, How Strong Are the Bears?

The downtrends of the majority of altcoins in the market still resume. Ethereum (ETH), the largest altcoin by market cap, resumes to be under the bearish locks over the past 30 days with a 19% decline in price.  ETH left the $3,500 zone behind on April 12, signaling the start

May 9, 2024 2 mins read

Bitcoin Faces Rejection, Sinks to $62K

Bitcoin bulls encountered rejection at the key resistance level of $64.5K, subsequently retreating to $62K. Within the past 24-hour trading window, the price of BTC dropped by 2.3%, hitting a low of $62,111. Due to this decline, the global crypto market witnessed a 1.3% drop in market capitalization. Meanwhile, the

May 8, 2024 2 mins read

Would Bitcoin See a Parabolic Upside If This Happens?

Bitcoin (BTC) eased its bearish week by rebounding above $64,000 after a 1.5% spike in the last 24 hours. Last week, BTC dipped to its 10-week low of $56,552. BTC laid a “bullish hammer” weekly candle, closing the week positively. Notably, a bullish hammer candle often indicates the possibility of

May 6, 2024 2 mins read

Bitcoin (BTC) Price Isn’t Going To Rise Further?

Bitcoin (BTC) fails to maintain its momentum within the $66K-$67K range, noting over 3.7% decline. This drop in its price is influenced by the news of the US DOJ arresting the founders of Samourai Wallet. Following the Bitcoin Halving on April 19th, the king of crypto gradually rebounded back into

April 25, 2024 2 mins read

Is Ethereum (ETH) Price Volatility Subsiding Before Bitcoin Halving?

Ethereum (ETH), the world’s second dominantly valued cryptocurrency, fumbles down to its lowest point of $3,202 in a fortnight. At the moment, the question, “Will ETH slide further to $3K?” still hangs in the air. As per the price chart, ETH/USDT is trapped in a downtrend with a bearish MA

April 3, 2024 2 mins read

Will Bitcoin Surge Above $70K Again Anytime Soon?

Bitcoin’s recent tumultuous journey has left investors and market enthusiasts on edge as the cryptocurrency experiences unprecedented highs and worrying dips. After reaching an all-time high of over $73,500 earlier this month, Bitcoin’s rapid ascent was matched by an equally swift descent, plunging below the $65,000 mark. Presently, it hovers

March 18, 2024 2 mins read

Bitcoin Price Faces Correction Amidst Ongoing Bullish Momentum

Judgment against Craig Wright, who claims to have created Bitcoin, has been handed out by UK judge James Mellor, who has made an expected ruling. Now that the court has ruled that Wright is neither Satoshi Nakamoto, the inventor of the Bitcoin code, or the author of the BTC whitepaper,

March 14, 2024 2 mins read

Ethereum Put Options Demand Signals Risk for ETH Price

While Ethereum’s highly anticipated Dencun update looms, ETH’s options market is sending mixed signals, raising concerns among traders.  According to market analysts at QCP Capital, ETH’s risk reversals have turned negative for near-term expiries, indicating a surge in demand for put options. This shift suggests a growing grasp of a

March 13, 2024 1 min read

Can Investors Expect Bitcoin to Hit $75,000 Soon?

Bitcoin has once again captured the attention of investors as it surged to a new all-time high above the $73,000 mark. However, its ascent faced resistance, leading to a pullback below $70,000. Despite the setback, Bitcoin has managed to maintain stability above the $70,000 level, supported by positive market sentiment.

March 13, 2024 2 mins read

What Can Investors Expect From Bitcoin Bulls?

Bitcoin, the leading cryptocurrency by market capitalization, has achieved a new all-time high, surpassing the $72.5 K mark. This significant milestone comes after a week of bullish momentum, with Bitcoin’s price jumping from $66,000 to its current trading price of approximately $71,947, marking a 5% increase. The trading volume has

March 12, 2024 2 mins read