Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: JPMorgan on Metaverse, Digital Ruble Trial, Binance Chain Rebrands + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
BTC’s price action is looking grim, but traders hope that a bounce off the $42,000 support will complete a bullish technical analysis pattern and trigger a rally in Bitcoin and altcoins. Bitcoin (BTC) has given back some of its recent gains, but on-chain data resource Ecoinometrics said that whales are accumulating because they believe the price…
Read more
A fractal from 2018-2019 repeating could spell trouble for XRP’s long-term upside outlook, however. XRP price has continued to bounce back after falling by more than 70% in a correction between April 2021 and January 2022. Why the XRP/USD 50-week EMA is key On Feb. 13, XRP/USD reached as high as $0.916, above its 50-week…
Read more
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…
Read more
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…
Read more
XRP, the coin affiliated with the US-based fintech firm Ripple, extended a week-long rally in the market today that started after a judge in an ongoing court battle between Ripple and the US Securities and Exchange Commission (SEC) issued orders that were seen as positive for Ripple…. Read More: XRP Rallies as New Court…
Read more
The long-timeframe chart is painting a death cross pattern, however, suggesting a selloff ahead. Ripple (XRP) price rose by nearly 30% in less than a week amid positive sentiment around the court case, in which the U.S. Securities and Exchange Commission (SEC) claims that Ripple sold XRP as illegal securities. SEC vs. Ripple Judge Analisa…
Read more
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…
Read more
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…
Read more
Bitcoin and most major altcoins are attempting a recovery from their strong support levels, indicating that traders continue to buy on dips. Bitcoin (BTC) and most major altcoins are attempting a rebound off their respective support levels, indicating that buyers continue to accumulate on dips. Data from Coinglass shows that 9,925 Bitcoin left Coinbase Pro,…
Read more
