Bitcoin price started an upside correction above the USD 38,500 level. However, it is struggling to clear the USD 39,200 resistance zone. BTC is currently (11:47 UTC) consolidating above USD 38,600 and might attempt a move above USD 39,200. The price is up almost 2% in a day and down 2% in a week….…
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The bounce-back move has occurred near a technical support confluence, raising XRP’s possibility to rise 30% in Q2/2022. XRP opened May with a decent price rebound after falling 28% in April, its worst monthly performance since June 2021. Furthermore, the XRP/USD pair shows prospects of continuing its recovery trend in the coming weeks. Support confluence…
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Bitcoin price extended its decline below the USD 38,200 level but it found support near USD 37,500 and move higher again. BTC is currently (04:09 UTC) trading above USD 38,700 and is up almost 2% in a day and is down 2% in a week. On the upside, the bears might remain active near…
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While Ethereum users participating in the Otherside metaverse land sale caused network fees to rise and created issues for the blockchain explorer Etherscan, it overshadowed Solana’s blockchain network outage. It seems a flood of inbound transactions on Saturday caused Solana’s mainnet to lose consensus for roughly seven hours. Solana’s Mainnet Loses Consensus for 7 Hours…
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Three years ago there were a lot of discussions concerning data embedded in bitcoin transactions and the block size space consumed by these OP_Return transactions. However, in recent times, the use of OP_Return transactions has dropped a great deal and the trend has lowered network fees to some degree. OP_Return Transaction Domination Slows Significantly Alleviating…
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Bitcoin’s correlation with stocks has risen to alarming levels, according to some market analysts. Bitcoin (BTC) prices could drop by 20% in the next few months, but that has not deterred its richest investors from stacking. The amount of Bitcoin held by “unique entities” with a balance of at least 1,000 BTC, or so-called “whales,”…
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Crypto prices continued to seesaw on Friday, as both bitcoin and ethereum fell into the red, after a short lived rally on Thursday. Bitcoin was once again below $40,000 during the session, while ethereum extended its recent spell of trading below $3,000. Bitcoin Bitcoin (BTC) once again fell below the $40,000 level on Friday, following…
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Bitcoin price spiked above USD 40,000, but there was no upside continuation. It is currently (11:49 UTC) trimming gains and trading below USD 38,900. BTC is down 2% in a day and more than 3% in a week. Similarly, most major altcoins are trimming gains. ETH declined heavily after it failed to test the…
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Bitcoin price started a fresh upside correction from the USD 38,500 zone and was able to surpass the USD 39,500 resistance level. It is currently (04:00 UTC) consolidating and eyeing an upside break above the USD 40,000 resistance. BTC is almost unchanged in a day and down almost 3% in a week…. Read More:…
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Bitcoin millionaires are now a widely understood term. This has grown from the massive surge in the price of the digital asset which has continued to decrease the number of BTC required to be a millionaire. A number of bitcoin millionaires had lost their status when the price of the digital asset had declined. However,…
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