After tapping a 24-hour high at $42,592 per unit, the price of bitcoin lost the gains it gathered on Wednesday, sliding more than 5% during Thursday morning’s trading sessions. Meanwhile, as crypto prices fluctuated, an odd bitcoin transaction from 2010 was transferred at 1:45 a.m. (UTC) moving 429 bitcoin worth $16.8 million. Large Sum of…
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PAX Gold did most of the weightlifting in pushing the gold token market cap above the $1 billion-milestone, outperforming Tether Gold. The market capitalization of gold-backed crypto tokens increased by 60% in 2022 to surpass $1 billion for the first time in history, according to Arcane Research in its latest weekly report. Gold shines, Bitcoin…
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Neutrino was buying the WAVES dip as the price rebounds to the best level in over four months. Waves (WAVES) continued its price rally further into this week, even as its top crypto rivals wobbled between losses and gains elsewhere in the market. A 230% Waves boom The WAVES/USD trading pair surged by nearly 75% this…
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Bitcoin price declined over 7% in a day and there was a clear move below the USD 40,000 support. It is currently (11:55 UTC) trading below USD 39,500 and there is a risk of more downsides. Similarly, most major altcoins are gaining bearish momentum. ETH declined below the USD 2,650 and USD 2,600 support…
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Bitcoin price struggled to clear the USD 42,500 resistance and is currently (04:20 UTC) correcting gains near USD 40,700, while a major support is near the USD 40,000 zone. Similarly, most major altcoins are also moving lower. ETH failed to stay above USD 2,750 and corrected near USD 2,650. XRP outperformed many major coins…
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Following an extended period of bearish pressure, bitcoin’s price surged on Wednesday, as bulls returned to the market. ETH was also higher, climbing to a five-day high in the process. Bitcoin Bitcoin finally broke above its recent price ceiling on hump-day, leading to the world’s largest cryptocurrency snapping a six-day losing streak. Following a low…
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Bitcoin price started a steady increase after it broke the USD 40,000 resistance. BTC was able to clear the USD 41,200 and USD 42,000 resistance levels. It is currently (11:30 UTC) showing positive signs, but there are chances of a minor downside correction. Similarly, most major altcoins are gaining bullish momentum. ETH was able to…
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Bitcoin price started a steady recovery wave above the USD 38,800 resistance, rallied above USD 41,000, and is currently (04:18 UTC) trading above USD 41,500. BTC jumped more than 7% in a day and trimmed its weekly losses to less than 7%. Similarly, most major altcoins are attempting an upside correction. ETH was able…
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After bitcoin price traded to a new weekly low near USD 37,200, it started a decent recovery wave and is currently (11:57 AM UTC) testing the USD 39,000 level. BTC faces major hurdles near USD 39,250 and USD 40,000. Similarly, most major altcoins are facing important hurdles. ETH could struggle to gain pace above…
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Cryptocurrencies were once again trading lower on Tuesday, as markets were mainly focused on surging commodity prices. Crude oil climbed to a 14-year high of over $130 per barrel, whilst gold was fast approaching its own all-time high. Bitcoin Bitcoin was trading below $40,000 on Tuesday, as the volatility surrounding the war in Ukraine continued…
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