How Bitcoin’s strong correlation to stocks could trigger a drop to $8,000
The Bitcoin (BTC) price chart from the past couple of months reflects nothing more than a bearish outlook and it’s no secret that the cryptocurrency has consistently made lower lows since breaching $48,000 in late March.Bitcoin price in USD....
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Dogecoin misses bullish target after Elon Musk snubs Twitter — what’s next for DOGE price?
Dogecoin (DOGE) has missed a much-anticipated technical upside target and is down nearly 10% over the past week amid an ongoing spat between Elon Musk and Twitter.Musk hurts DOGE priceTo recap: Musk, whose companies Tesla, SpaceX, and Vegas Loop...
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Ethereum price risks ‘bear flag’ breakdown, 20% drop against Bitcoin
Ethereum's native token, Ether (ETH), is down nearly 40% against Bitcoin (BTC) since December 2021. But even more pain is possible for the ETH/BTC pair in the coming weeks, based on a classic technical indicator.Ethereum price risks technical...
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Nervous Network (CKB) price posts double-digit gain after Godwoken layer 2 launch
Positive price movement during bear markets are notoriously hard to come by due to the non-stop FUD of media and lackadaisical interest from crypto investors.One crypto that managed to flash green on June 12 is the Nervos Network (CKB),...
3 key metrics suggest Bitcoin and the wider crypto market have further to fall
The total crypto market capitalization has fluctuated in a 17% range in the $840 billion to $980 billion zone for the past 28 days. The price movement is relatively tight considering the extreme uncertainties surrounding the recent market...
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Bitcoin miner prices will continue to fall, F2Pool exec predicts
The price of cryptocurrency mining hardware is likely to continue falling in the near future amid the ongoing crypto winter, according to an executive at major Bitcoin (BTC) mining pool F2Pool. Supporting 14.3% of the BTC network, F2Pool is one...
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Bitcoin price indicator that marked 2015 and 2018 bottoms is flashing
Bitcoin (BTC) could undergo a massive price recovery in the coming months, based on an indicator that marked the 2015 and 2018 bear market bottoms.What's the Bitcoin Pi Cycle bottom indicator? Dubbed "Pi Cycle bottom," the indicator comprises a...
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Bitcoin price hits 7-day low as US warns of ‘highly elevated’ CPI data
Bitcoin (BTC) carried through threats of new local lows July 12 as the White House warned of “highly elevated” inflation.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWhite House warns ahead of "decisive day"Data from...
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Lido DAO price moves higher as the Ethereum Merge moves a step closer to completion
The upcoming Ethereum (ETH) Merge is one of the most talked about developments in the cryptocurrency ecosystem as the world’s second-largest cryptocurrency by market cap undergoes the difficult transition from proof-of-work (PoW) to...
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BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX
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 consumer...
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A brief history of Bitcoin crashes and bear markets: 2009–2022
Bitcoin (BTC) experienced one of its most brutal crashes ever in 2022, with the BTC price plummeting below $20,000 in June after peaking at $68,000 in 2021.June 2022 has become the worst month for Bitcoin since September 2011, as...
Bitcoin eyes best weekly gains in 3 months as BTC price slips below $21K
Bitcoin (BTC) hit three-day lows into the July 10 weekly close as $21,000 gave way as short-term support.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader eyes bullish divergences across marketsData from Cointelegraph Markets Pro...
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Cardano ‘sharks’ scoop up 79.1 million ADA ahead of Vasil hard fork
The decline in Cardano (ADA) price this year has prompted some of its richest investors to accumulate the token.Cardano sharks in buying spreeNotably, addresses holding between 10,000 and 100,000 ADA, also called "sharks," have added 79.1 million...
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Bitcoin ‘cheap’ at $20K as BTC price to wallet ratio mimics 2013
Bitcoin (BTC) has not been this good value since it cost $1,130, one analyst argues as BTC offers a “compelling” risk/reward ratio.In a Twitter thread on July 7, Jurrien Timmer, director of global macro at asset manager Fidelity Investments,...
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An outlook on the Web3 industry during the downtrend
By the end of May, Bitcoin’s (BTC) price had dropped 40%, Ether (ETH) had lost 50% of its value, and the entire crypto market dipped below its $1-trillion capitalization for the first time since January 2021. As we enter...
Global GPU price drops to compensate for falling Bitcoin mining revenue
As a direct result of falling Bitcoin (BTC) prices, total revenue earned by miners in transaction fees and mining rewards dropped to its one-year lows at nearly $15 million on July 4. However, a concurrent fall in graphic cards...
2 key Ethereum derivatives metrics suggest that $880 was ETH’s bottom
Ether (ETH) price is up 16% since July 1 and has outperformed Bitcoin (BTC) in the last 7 days. The move could be partially driven by investors clinging to their hopes that the Ethereum network transition to proof-of-stake (PoS)...
5 events that could put an end to the current crypto bear market
Much to the chagrin of cryptocurrency investors across the ecosystem, the bear market has officially set in and brought with it devastating price collapses that have left relatively few unscathed. As the popular topic of conversation now centers...
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BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX
Bitcoin (BTC) rallied to the 200-week moving average on July 8, a level that could act as a battleground between the bulls and the bears. Several analysts are watching this level because a break and close above it could...
Bitcoin price builds best weekly candle since March despite new DXY peak
Bitcoin (BTC) is on track for its biggest weekly gains since March, but not everyone is convinced that good times will last.Crypto sentiment highest since early MayData from Cointelegraph...
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