Bitcoin continues to range trade, and altcoin traders are starting to view BTC’s price consolidation as a positive sign for the rest of the crypto market. Bitcoin continues to frustrate traders who have been predicting a breakout on either side, but investors should keep a close watch because the longer the time spent inside the range,…
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Bitcoin is witnessing a strong battle between the bulls and the bears, with the sellers currently holding a slight edge. Ratings agency Fitch downgraded the United States’ long-term credit rating from AAA to AA+ on Aug. 1, and this move dented the risk-on sentiment. The U.S. equities markets witnessed profit-booking on Aug. 2, and the…
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Bitcoin’s price action remains lackluster, but select altcoins are showing signs of breaking out of their respective resistance levels. The 25 basis point rate hike by the Federal Reserve on July 26 and the subsequent commentary by Fed Chair Jerome Powell failed to catapult Bitcoin (BTC) out of its range. This suggests that the event…
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Energy Web CEO Jesse Morris explains why blockchain can make “going green” more efficient, how fighting climate change is easier, and why Energy Web is building on Polkadot. This summer, parts of the United States are wilting under a multimonth stretch of sweltering heat, and data suggests that summer temperatures will continue to creep up…
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Bitcoin and several major altcoins are trading inside a range, indicating that a strong catalyst is needed to start the next trending move. Bitcoin broke below the support of its narrow range on July 24, but the bears have not been able to capitalize on it and start a sharp downward move. This is a positive…
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Several Bitcoin price indicators suggest that BTC’s narrow trading range could end soon, resulting in a volatile price move in BTC and altcoins. Bitcoin continues to test investors’ patience, as it remains stuck inside a tight range. Although the near term is boring, traders need to be on their toes because narrow ranges are generally followed…
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Dogecoin was one of the standout gainers during a quiet session, as the meme coin raced to a multi-month high. Prices rose as traders continued to react to a recent tweet from Elon Musk. Another notable gainer was polkadot, which rose nearly 7% higher. Dogecoin (DOGE) Dogecoin (DOGE) was a notable mover during Friday’s session,…
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Bitcoin’s failure to rebound off strong support levels increases the risk of a deeper correction that could also negatively impact altcoins. After failing to sustain above the resistance of its narrow range, Bitcoin (BTC) fell near a key support on July 18. The consolidation of the past few days seems to be an accumulation phase,…
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Content creator KryptosChain explains why a project’s roadmap and token price are important to its success, as well as the upgrades to the Polkadot ecosystem that excite him most. In the latest episode of Market Talks, show host and Cointelegraph head of markets Ray Salmond sat down with Polkadot ambassador and content creator KryptosChain to…
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Bitcoin and several altcoins are taking a breather after the sharp rally of the past two days, but the general trend remains bullish. Ripple Labs’ victory in the case against the United States Securities and Exchange Commission gives a significant boost to the crypto industry. In addition to benefitting Ripple and XRP (XRP), analysts believe…
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