U.Today – Many analysts are focusing on the bearish slump on the market as has failed to breach the $62,000 resistance level in recent times. However, a number of market whales are capitalizing on the market drawdown to stack up on the digital currency. At the time of writing, theContinue Reading
U.Today – IntoTheBlock on-chain data aggregator has reported that while the cryptocurrency market has been hit by massive FUD, the largest whales continue to accumulate the world’s flagship digital currency no matter what. This has happened while other large whales are dumping large amounts of BTC. Largest whales scoop upContinue Reading
U.Today – ‘s plunge toward $57,000 was the last thing expected after the catastrophic drop below $65,000. However, it has become a reality, and the market will have to act one way or another. Here are three potential outcomes if Bitcoin breaks below the crucial $57,000 level. 200 EMA beingContinue Reading
BackyardProduction/iStock Editorial via Getty Images Exchange-traded fund investing directly in ether (ETH-USD), once cleared for trading, will likely attract slower demand than spot bitcoin (BTC-USD) ETFs, Bernstein said in a note early this week. “ETH should not see as much spot ETH conversion due to the lack of an ETHContinue Reading
U.Today – The ongoing sell-off in the crypto ecosystem might be taking a breather as the price of (BTC) has finally formed support at the $61,100 mark. At the time of writing, the combined crypto market cap is down 0.55% to $2.56 trillion, and Bitcoin has pared off its losses.Continue Reading
Investing.com– Bitcoin price fell on Tuesday, extending recent declines as a mix of regulatory fears, particularly over U.S. action and German government sales, coupled with broader risk aversion, kept crypto prices under pressure. The fell 2.4% in the past 24 hours to $61,332.0 by 01:22 ET (05:22 GMT). It hadContinue Reading
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or politicalContinue Reading
U.Today – MicroStrategy chairman and cofounder Michael Saylor has sparked excitement within the crypto community by launching a poll, asking, “How fast do you expect BTC to appreciate annually in USD over the next ten years?” The results reveal strong bullish sentiment among respondents, suggesting a significant price boom aheadContinue Reading
U.Today – Despite trading at the lower levels of the monthly trading range, the first cryptocurrency is unlikely to have any problems moving upwards, considering the current distribution of liquidity. The provided chart shows that the majority of selling pressure is located far above the $70,000 threshold, and the onlyContinue Reading
U.Today – Peter Brandt, a veteran trader known for his keen market insights, has recently put forth a compelling argument for , underscoring the potential for the eventual decline of fiat currencies. Brandt’s analysis draws on historical parallels and technical patterns to highlight Bitcoin’s growing significance in the global financialContinue Reading
