Bitcoin price started a consolidation phase after a strong decline to USD 21,000. BTC is currently (04:00 UTC) trading above USD 21,200 and facing many hurdles. The price must clear USD 21,650 to start a recovery wave. Similarly, most major altcoins are attempting a recovery. ETH is trading above USD 1,600 and faces hurdles near…
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Ethereum extended recent declines to start the week, as the token briefly fell below a key support point in today’s session. Monday’s sell-off saw the majority of the cryptocurrency top 100 in the red, with the global market cap down 1.61% as of writing. Bitcoin also slipped, once again falling below $21,000. Bitcoin Bitcoin (BTC)…
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The troubled crypto lender Hodlnaut shared another update after the company froze withdrawals on August 8, and then revealed the company is seeking judicial management in order to rehabilitate the startup. The latest update shows that Hodlnaut experienced a shortfall of around $193 million and this past week the company has laid off roughly 80%…
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Bitcoin price attempted an upside correction above the USD 21,500 level. However, BTC failed to continue higher above USD 21,750. It is currently (11:20 UTC) declining and remains at a risk of a move below USD 21,000. Similarly, most major altcoins are moving lower. ETH could accelerate lower below the USD 1,550 support zone. XRP…
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Bitcoin price accelerated lower below the USD 23,200 support. BTC traded below the USD 22,000 support zone and tested USD 21,000. It is currently (04:00 UTC) consolidating losses and facing many hurdles near USD 22,000. Similarly, most major altcoins are back in a bearish zone. ETH dived below the USD 1,750 and USD 1,650 support…
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This week’s sell-off in cryptocurrency markets worsened on Saturday, with bitcoin falling below $21,000 for the first time in nearly a month. Ethereum also continued its descent in today’s session, as the price of the token dropped under the $1,700 level to start the weekend. Bitcoin Bitcoin (BTC) continued to reside in the red to…
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The crypto community is patiently waiting for the highly anticipated Ethereum network upgrade from proof-of-work (PoW) to proof-of-stake (PoS) as The Merge is expected to happen 27 days from now. After Ethereum transitions from PoW to PoS, only two crypto assets in the top ten market cap rankings will be PoW tokens, which is a…
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After the Crypto Fear and Greed Index (CFGI) dropped to significant lows and pointed to “extreme fear” in crypto markets at the end of May, and throughout most of June, today the CFGI rating is still in the “fear” zone, but it has seen an improvement. On June 19, the CFGI rating tapped a low…
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Bitcoin was significantly lower on Friday, as the token fell by over $1,500 in a 24-hour period. The world’s largest cryptocurrency has been declining all week, however today’s drop engulfed previous losses. Ethereum was also in the red, as the token fell below $1,700 for the first time in almost ten days. Bitcoin Bitcoin (BTC)…
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Bitcoin price started a major decline below the USD 23,000 level. BTC traded below the USD 22,500 and USD 22,000 support levels. It is currently (11:20 UTC) down over 7% and trading well below USD 22,000. Similarly, most major altcoins are down heavily. ETH traded below the USD 1,750 support level. XRP failed to stay…
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