Bitcoin and most major altcoins have dipped to their immediate support levels, indicating that bears remain active at higher levels. Bitcoin (BTC) and most major altcoins are witnessing profit-booking on July 25 as the bulls scale back their positions before the Federal Open Market Committee meeting on July 26 through July 27. This indicates that…
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Traders are still buying BTC and major altcoins on each dip, but selling near overhead resistance could be a sign that price action will remain range-bound in the short-term. In a downtrend, when markets do not respond negatively to bearish news, it is a sign that the selling may have reached exhaustion. Reports of electric…
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Despite July 20’s pullback, the market structure of BTC and most altcoins is still showing early signs of a trend reversal. Bitcoin (BTC) briefly extended its recovery above $24,000 and the altcoins continued to make smart gains on July 20, but the bullish momentum of the week experienced a brief setback after Tesla’s earnings report…
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A crypto lending platform still hopes to stay afloat, but experts doubt such probability. Reducing your initial debt of $820 million to just $0.013 over a month can’t be easy. And, it’s hardly surprising that such a heroic dash has led Celsius to bankruptcy. Last week, the crypto lending platform voluntarily filed petitions for Chapter…
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Last month, it was reported that the co-founder of Ripple, Jed McCaleb was close to emptying his xrp wallet that held 81 million tokens worth $26 million. Following a transaction that saw 3,898,451 xrp transferred out of the address, McCaleb’s wallet is now close to being empty as there’s only 47.6912 xrp worth $17 stored…
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Jed McCaleb, the co-founder and ex-Chief Technical Officer of fintech firm Ripple, appears to have finished his infamous dumping of XRP tokens in the market, with a wallet he controls now showing a balance of just XRP 47.7, or just over 17 US dollars. Per data from the blockchain explorer XRP Scan, McCaleb made the…
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Bitcoin and many altcoins are back at key overhead resistance levels, but will bulls gather enough momentum to produce a sustained breakout? The recovery in the cryptocurrency markets is being led by Bitcoin (BTC), which has risen above the $21,000 level. However, BlockTrends analyst Caue Oliveira said that on-chain data shows a decline in “whale…
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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: Fasset Collaborates with Mastercard, New York Yankees’ Bitcoin Deal, Tencent Shutters NFT Platform, Crypto Industry Donates to US Senator + More News Read more »Pay, Trade, Buy Bitcoin with Credit…
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Bitcoin and select altcoins are discounted and trading close to critical support levels, but will buyers step in? The United States dollar index (DXY) resumed its strong uptrend on July 11, indicating that investors are preparing for the July 13 CPI report to be hotter than expected. A survey of economists by Bloomberg estimates that in June…
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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: Blockchain.com’s USD 270M Exposure to Three Arrows Capital + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
