Crypto analyst and economist Alex Krüger says that Bitcoin bears are in for some pain after BTC’s strong rebound in the last 24 hours. In a new tweet, Krüger tells his 87,500 followers that yesterday’s move below $30,000 was designed to shake out weak hands and trap bears. ADVERTISEMENT “BTC trend reversed (again), leaving …
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June 23, 2021 – Singapore, Singapore Euro-pegged stablecoin, the PAR token, aims to provide loans and savings through access to DeFi. Mimo, the governance token behind Mimo DeFi, has officially been listed on Bittrex Global. In addition, PAR, Mimo’s stable token which is algorithmically pegged to the euro, has also been listed. Both Mimo and PAR …
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Major venture capital firms responsible for crypto investments have led the latest $14.2 million fundraising round for Rarible, the online marketplace behind many nonfungible token listings. In a Wednesday announcement, Rarible said crypto investment group Coinfund and Venrock — the venture capital arm of the Rockefeller family — had led a $14.2 million Series A …
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Bitcoin (BTC) dropped below $30,000 on June 22, which may be a final sign of capitulation. Data from Skew suggests that if Bitcoin’s price does not recover sharply in the next few days, the decline in the current quarter could be the second-worst quarter since 2014. Bull and bear phases are part and parcel of …
Continue reading “Price analysis 6/23: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC”
Cryptocurrency traders received a reprieve from bearish market conditions on June 23 as Bitcoin’s (BTC) brief recovery to $34,880 triggered a rally in altcoins and hope that a wider market recovery will occur if the path laid out by the Wyckoff distribution model rings true. According to data from CoinMarketCap, the total cryptocurrency market capitalization fell …
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Litecoin Holds Position Dip – June 23The trade worth of LTC/USD has continually traded with less-active moves underneath the resistance line of $150 as price holds a position dip to trade around the value of $128 at a percentage rate of 7.26. Holds Position Dip: LTC MarketKey Levels:Resistance levels: $150, $200, $250Support levels: $110, $100, …
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June 23, 2021 – Zug, Switzerland Concordium AG is proud to announce that it has been accepted as a full member of the Japan Blockchain Association. It now becomes the first overseas blockchain platform to join the association, which comprises over 120 domestic and international companies and organizations. The news comes only a week after …
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Prominent crypto analyst Nicholas Merten says that the worst of the big Bitcoin correction is likely behind us. In a new strategy session, Merten says the presence of the various derivative markets centering on crypto has likely changed the structure of bull cycles as we know it. ADVERTISEMENT According to him, the shift in …
United States Senator Cynthia Lummis, a Republican from Wyoming, took advantage of a deeply discounted Bitcoin (BTC) price this week by adding to her holdings. In the wake of yet another major price correction for crypto assets, Lummis told Fox News Wednesday that she’s “excited to buy the Bitcoin dip.” U.S. Senator, @CynthiaMLummis, “I’m excited to …
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Cryptocurrency investors all over the globe have been facing a challenging time for over a month thanks, in large part, to the unprecedented price drops that have happened across the board in relation to most prominent digital currencies available in the market. Since the start of June, the total market capitalization of this relatively nascent …
Continue reading “Altcoins follow Bitcoin price’s lead as uncertainty grips crypto market”
A recent upswing in the price of Bitcoin (BTC) following a nail-biting price crash below $30,000 this Tuesday has activated a classic financial model’s bullish outlook on the cryptocurrency. Called the Wyckoff method — created by Richard Wyckoff in 1888 — the model attempts to navigate financial market trends based on the relationship between the …
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Crypto derivatives exchange FTX has become an official sponsor of Major League Baseball, setting the stage for broader mainstream recognition of digital assets. As part of the sponsorship deal, which is expected to last for at least five years, every Major League umpire will receive an FTX patch on their uniform, FTX founder and CEO …
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Bitcoin Price Prediction – June 23 The Bitcoin price is trying to hold above the $34,000 but overhead pressure from the bears continues to make this task a difficult one for the bulls. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $40,000, $42,000, $44,000 Support Levels: $27,000, $25,000, $23,000 BTCUSD – Daily Chart …
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If you are new to the crypto space, it can be difficult to know which cryptos to add to your portfolio to diversify risk. There are over 8,000 cryptocurrencies in the market today, according to Coinmarketcap, and the number is still growing. The choice becomes even harder when you have limited funds that you want …
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In the weekly chart, Chiliz seems to be recovering from its weekly losses after gaining around 21.4% in the past 24 hours. The token has gained its push from the current bitcoin recovery to $34K and like other altcoins, the past 24 hours have been favourable towards the token. At the time of writing, CHZ …
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