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As we all await the oh-so-important CPI on Wednesday morning, let’s end the day with a couple of crypto charts. The crypto market peaked about four weeks ago (unlike tech stocks, which keep...
Selling in the cryptocurrency market carried into the new week, with Bitcoin and Ethereum under pressure. Bitcoin's rally from last week was halted while Ethereum tested a key support level after...
Could Bitcoin Benefit From Banking Crises? The price of Bitcoin is extremely volatile. On Wednesday, the market saw one of the biggest intraday price swings in the cryptocurrency market in...
Cryptocurrency adoption in the U.S. increased amid fears of a full-blown banking crisis, a new poll finds. According to Morning Consult, 22% of Americans, over one in five, said they owned at least...
Venture capital (VC) has played a crucial role in the growth of the digital asset industry over the past two years.According to data from Pitchbook, VC investments in crypto skyrocketed in 2021,...
The latest trigger for Bitcoin’s rally comes from the First Republic Bank (NYSE:FRC) earnings report and rumors of federal seizure.For a long time, after Bitcoin launched, it was commonplace to...
Gold In the commodity market, gold has started to lose its mojo, and the main reason behind it is its strength is the dollar index. The commodity report by CompareBroker indicates that demand has...
Bitcoin at April lows but the depicted internal trendline is offering some weak support going into weekend. Still too early to call this a buy-the-dip opportunity. Original Post
Bitcoin and Ethereum took a tumble recently. Bitcoin dropped over 5% to $28,500, while Ethereum fell 8% to $1,920. To confirm a rebound, Bitcoin needs to stay above $28,750, and Ethereum needs to stay...
Last week’s big breakouts in Bitcoin and Ethereum are being tested with dips today. Bitcoin has at least 4 long-term bullish catalysts. Ethereum’s successful “Shapella” upgrade...
Two weeks ago, when Ethereum (ETH) was trading in the $1860s (see here), our primary expectation based on the Elliott Wave Principle (EWP) was,"Thus, the green W-1, 2; grey W-i, ii setups we have been...
A new report from crypto research firm K33 Research suggests that Bitcoin could hit the $45,000 mark by May. The report argues that BTC’s current drawdown and recovery cycle is very similar to...
In the first quarter of 2023, Bitcoin recorded an outstanding performance with a growth of 73%.To explain the reason for the growth of Bitcoin it is important to refer to its genesis and the...
On the cryptocurrency front, the majority of attention is being directed on Ethereum, which is the second biggest cryptocurrency as measured by market capitalization.The long-awaited upgrade was...
Ether did not face significant selling pressure following its latest blockchain upgrade.Ethereum finalized its transition to the proof-of-stake (PoS) mechanism after completing the...