Tag: Coingape

The cryptocurrency price today of various tokens is mixed, as Terra Classic jumps up, but Solana and Dogecoin takes a dip. …Read the full story

BTC jumped over 6% in the past 24 hours, reclaiming the $31,000 level. But while BTC has somewhat held its ground, most other altcoins, barring Ethereum, have seen a drastic drop in value. As seen in July, high BTC dominance usually comes just before a strong rally. High BTC dominance usually indicates that the altcoin […]

In a surprise recovery, the world’s largest cryptocurrency Bitcoin managed to give a successful weekly closing above $30,000. As of press time, Bitcoin is trading 4.32% up at a price of $31,096 and a market cap of $589 billion. The mega whale addresses of Bitcoin, comprised partially of exchange addresses, own their highest supply of […]

Some analysts suggest that this could just be a bear market rally and we could be in for some more correction down the road. If we see the technical chart, Bitcoin is still trading way above its 200-day moving average . Citing data from CoinMetrics, Bloomberg data shows that Bitcoin miners transferred nearly 200,000 BTC […]

Furthermore, a bullish breakout from the overhead resistance of $33000 should fire an early signal for a recovery rally. The BTC/USDT pair shows a range-bound rally in the weekly time frame chart. The BTC price triggered a new bear cycle after marking a New All-time High of $68789 on November 10th, 2021. Along with $33000 […]

However, experts called it bear fakeout and mentioned not to fall for it. This reflects that the token has come to a point where the curve might change to result in a sloping down or upward position. Lael Brainard, vice chair of Fed, said that from the data it looks like “market pricing for 50 […]

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Compass, citing Coinmetrics data, said miner flows to exchanges reached their highest level since January. While a recent report suggests that markets may have found a bottom, they will also face great difficulty in recovering. …Read the full story

The BTC price has been falling for the four straight days, piercing the 35000 psychological support level. Since the $45000 fallout, the Bitcoin price has witnessed aggressive selling from the coin traders, registering a 28% loss. Anyhow, the BTC price is currently following a range-bound rally, stretching from $33000 to $45000. …Read the full story

BTC marked one of its sharpest falls in 2022 this week, as investors feared a drying up of liquidity from rising interest rates and slowing economic growth. Analysts are now calling a bottom of as low as $28,000- the average realized price for the token. …Read the full story

A bulk of this consolidation can be blamed on jitters over rising inflation, slowing economic growth and and end to the last two years of low interest rates. But while major tokens such as Bitcoin and Ethereum sank around 18% through the month, traders found value in a crop of smaller tokens. A bulk of […]

After facing strong selling pressure over the last weekend, Bitcoin is back above the $40,000 level once again. These traders – addresses holding

This means Bitcoin shall now be accepted as a means of payment thereby making the Central African Republic the first in the continent, to make such a move. “The application of the legal-tender implies the acceptance of cryptocurrencies as a legal means of payment established through specific legislation. …Read the full story

Over the past three months, the Bitcoin price resonated in an ascending channel of an inverted flag pattern. Followed by nearly two weeks of retest phase, the BTC price has tested the flipped resistance trendline twice. By the press time, the BTC price trades at $39576, with an intraday gain of 0.34%. …Read the full […]

According to a report, the Grayscale wrote a letter to the commission focusing on the legal technicalities to boost up its request. Meanwhile, SEC head Gary Gensler has been a big opposer to the crypto market. …Read the full story

Mr. Whale digs into the past of Michael Saylor wherein he compares his investment failures of the dot-com bubble of the late 90s. His investment failures came from years of negligent accounting practices, fraud, and overall terrible leadership. Mr. whale says that Saylor is playing theatrics with his assuring words that he has “no plans […]

While Bitcoin stuck to a tight trading level this year, the token fared much better than several major technology stocks. Of the five biggest stocks on Wall Street, only Apple has managed to perform better than BTC. …Read the full story

During a discussion on CNBC’s “Squawk Box” on April 22, JJ Kinahan agreed that Bitcoin has been a good retail sentiment indicator in many ways as people believed it to be. JJ Kinahan believes meme stocks such as GameStop, Robinhood, and AMC Entertainment have more sustainable long-term volumes now, despite the decline in stock prices. […]

The world’s largest cryptocurrency Bitcoin has been showing greater volatility around $40,000 levels. Bitcoin whale addresses holding 100 to 10k $BTC have collectively accumulated 18,104 more $BTC since the April 10th price drop below $40k. Based on the current technical chart levels, crypto analyst Ali Martinez writes: “Bitcoin needs to get back above $40,800 for […]

The third-largest whale had bought 2822 BTC in the last seven days, and more than 6300 BTC in April alone. Moreover, other whales have also accumulated more BTC to capitalize on the dip on Monday. The social sentiment on Bitcoin has turned positive as traders and whales believe BTC prices will see bullish momentum from […]