BTC is struggling to hold on to the $40,000 level, but a few analysts say cryptocurrencies might decouple from equities in the coming months. Bitcoin (BTC) sold off along with the U.S. equity markets on Feb. 17 on reports that Russia expelled Bart Gorman, the second highest-ranking American official from the U.S. Embassy in Moscow…
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Elon Musk has long proved his capacity to unleash waves of speculations and trigger market uncertainty through often cryptic statements. Most recently, Tesla’s CEO encountered a chance to stir up the crypto market when asked by a Twitter user whether his spacecraft business SpaceX and satellite-based broadband internet system Starlink would allow their customers…
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Bitcoin and select altcoins are stuck in a tight range, indicating the possibility of a sharp move within the next few days. Bitcoin (BTC) is attempting to bottom out and whales seem to be helping it do that. Coin Metrics data shows that whale addresses holding at least 1,000 Bitcoin have been accumulating in the…
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Tokens are more than an on-trend business move; they are a door into a new set of opportunities for simplified transfers, crowdfunding and loyalty programs. How can users create a token? Creating a token requires deploying a smart contract which is simplified with modern platforms that enable users to fill in details of their proposed…
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BTC price is expected to consolidate in the current $44,000 zone, allowing altcoins to climb higher before Bitcoin makes a more decisive move. Bitcoin (BTC) has recovered close to $44,000, indicating that the downtrend could be coming to an end. However, the price may not rally to the all-time high in a straight line. This…
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BTC and altcoins finally broke above their respective overhead resistance levels, but the actions of traders over the next few days will determine whether bulls are back in control. Bitcoin (BTC) and Ether (ETH) are attempting to build upon their recent recovery as the U.S. equity markets try to resume their relief rally, backed by…
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The first month of 2022 is behind us, and as in nature so in the crypto markets – it was cold. The month of December 2021 saw mostly lower prices for major cryptoassets. For example, bitcoin (BTC) and ethereum (ETH) both went down by close to 20%, which spelled absolute failure of many of…
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2022 is here, and it’s time to take a look at how the market has performed not just over the past month, but also in the 4th quarter of 2021, and during the full year behind us. And to summarize it all in one sentence: 2021 was mostly a good year for the crypto…
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Bitcoin’s inability to reclaim the 20-day EMA is a sign that selling in BTC and altcoins remains a threat. Bitcoin’s (BTC) price action has been uneventful in the first few days of the new year and it continues to languish below the psychological level at $50,000. The Crypto Fear and Greed Index is in the…
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During the last half of 2021, decentralized autonomous organizations (DAO) have been popping out of the woodwork in mass numbers, airdropping tokens and creating governance systems for specific projects. Just before the end of the year on December 31, the developers behind the Shiba Inu crypto protocol have announced the launch of a “Doggy DAO”…
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