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Cryptocurrencies continue consolidation as Bitcoin’s volatility plummets
???? BTC | $36,302 (-1,163, -3.1%) ???? ETH | $2,602 (-114, -4.2%) ???? XRP | $0.99 (-0.07, -6.9%) ???? LTC | $181 (-8.7, -4.6%) Cryptocurrency mining hardware maker Canaan Creative has highlighted that nearly 80% of their Q1 revenue came from overseas, overtaking its domestic Chinese market for the first time. This comes amidst other […]
Ethereum gaining attention as amount of staked ETH tokens breaks 5 million
???? BTC | $37,627 (+2,359, +6.7%) ???? ETH | $2,716 (+361, +15.3%) ???? XRP | $1.09 (+0.17, +18.6%) ???? LTC | $192 (+23, +13.6%) The amount of staked ETH tokens for the ETH 2.0 upgrade has now breached the 5 million mark, representing 4.4% of all ETH tokens. These tokens are put to work for […]
High inflation sees Bitcoin dipping anyway, taking market losses to $1T since 12th May
???? BTC | $35,281 (+1,427, +4.2%) ???? ETH | $2,358 (+148, +6.7%) ???? XRP | $0.92 (+0.11, +13.3%) ???? LTC | $169 (+10, +6.4%) Bitcoin’s price charts have conclusively fallen beneath several key momentum-based indicators, such as the 100 and 200-day Moving Averages. The 21-week, weekly Exponential Moving Average (EMA) in particular has seen Bitcoin […]
Possible bullish signs emerging as crypto investors assess last week’s carnage
???? BTC | $38,695 (-102, -0.3%) ???? ETH | $2,752 (-64, -2.3%) ???? XRP | $0.98 (-0.03, -3.2%) ???? LTC | $194 (-1, -0.8%) Ethereum-based De-centralised Exchange (DEX) Uniswap is likely to deploy on an upcoming Ethereum-based second-layer scaling solution. This move promises lower fees and faster transactions, using a technology known as “optimistic rollups”. […]
Crypto market left directionless after brutal sell-off although institutional adoption quietly on the rise
???? BTC | $38,609 (+523, +11.2%) ???? ETH | $2,802 (+124, +4.7%) ???? XRP | $1.00 (+0.04, +3.8%) ???? LTC | $193 (+12, +6.4%) Paypal has taken another step forward into cryptocurrencies, announcing plans to allow users to withdraw cryptocurrencies to third-party wallets. A widely viewed job posting by Apple stated a requirement for the […]
Crypto market staging early recovery as Goldman officially declares Bitcoin a new asset class
???? BTC | $39,490 (+3,972, +11.2%) ???? ETH | $2,721 (+540, +24.8%) ???? XRP | $1.03 (+0.23, +28.4%) ???? LTC | $193 (+45, +30.5%) Excitement is building over an upcoming Ethereum update promises to reduce energy usage by up to 99%, coming at a time where panic is spreading over regulatory crackdowns on crypto’s massive […]
Crypto market wiped out over the weekend amidst scams, tweets, regulatory crackdowns, and possible taxes
???? BTC | $35,632 (-1,728, -4.6%) ???? ETH | $2,185 (-115, -5.0%) ???? XRP | $0.81 (-0.09, -10.1%) ???? LTC | $148 (-25, -14.3%) Buyers of the dip were rudely awakened over the weekend as Bitcoin dumped progressively lower, to hit a low of $31K earlier this morning. Bitcoin is now up only around +23% […]
Crypto markets staging recovery as tidal wave of leveraged position liquidations wipe the board clean
???? BTC | $41,003 (+3,379, +9%) ???? ETH | $2,827 (+347, +14%) ???? XRP | $1.21 (+0.12, +11%) ???? LTC | $215 (+23, +12%) The US Treasury Dept announced today that any transfer of cryptocurrency worth $10K or more must be reported to the tax authorities. Nearly one million traders had their leveraged positions liquidated […]
Pandemonium as extreme fear grips crypto market
???? BTC | $37,463 (-5,416, -13%) ???? ETH | $2,478 (-900, -26%) ???? XRP | $1.08 (-0.54, -33%) ???? LTC | $191 (-104, -35%) Bitcoin flash-crashed to as low as exactly $30K yesterday, marking the fifth straight day of declines for Bitcoin its worst month in 3 years. ARK Invest’s Cathie Wood highlighted that the […]
Bitcoin sentiment at Extreme Fear as short-term volatility spikes
???? BTC | $42,762 (-1,530, -3.5%) ???? ETH | $3,371 (+20, +0.6%) ???? XRP | $1.61 (+0.10, +7.0%) ???? LTC | $292 (-3.6, -1.2%) Bitcoin sentiment is at its lowest level (Extreme Fear!) in 13 months, according to a Fear and Greed Index (https://alternative.me/crypto/fear-and-greed-index/) maintained by Arcane Research. While dependent on an individual’s view of […]
