STEPN rebounds sharply after falling 80% in a month — is GMT price bottoming out?
GMT’s downside pressure remains as an analyst calls STEPN a “hype-driven speculative frenzy.” Go to Source Powered by WPeMatico
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Bitcoin, Ethereum Technical Analysis: BTC Drops Below $29,000 to Start the Weekend
Bitcoin bears re-entered the marketplace on Saturday, as prices moved closer to a multi-week low to start the weekend. BTC once again fell below $29,000, whilst ETH continues to move lower, and now hovers around $1,750. Bitcoin Following a brief rebound on Friday, BTC once again moved lower, with prices falling under the $29,000 mark … Read more
Bitcoin price stuck below $29K as Terra LUNA comes back from the dead
The launch of the new LUNA mainnet comes as problems persist for other well-known altcoins. Go to Source Powered by WPeMatico
Tectum Softnote Review – Transactionless Crypto Payments of the Future
When it comes to making cryptocurrency payments, the primary concern these days are the high transaction costs and the long confirmation times for legacy networks. In addition, those looking for anonymity with their crypto transactions have to go through several hoops to obfuscate the source of funds and detach the tokens from their identity. What … Read more
Economist David Dodge Says Gold Is an ‘Antique Instrument,’ Thinks Digitizing the Canadian Dollar Is Interesting
The economist David Dodge, the former seventh governor of the Bank of Canada, says gold is an “antique instrument,” and he believes Canada’s central bank got rid of its gold reserves for this very reason. Despite saying gold is an outdated financial tool, Dodge said that the leading crypto asset bitcoin (BTC) has no place … Read more
Price analysis 5/27: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB
Bitcoin and most major altcoins have not tracked the recovery seen in stocks, a possible indicator that further downside is possible. Go to Source Powered by WPeMatico
Bitcoin price approaches key support levels to avoid ‘cascade south’
Volatility is primed to return after upside above $29,000 fails to become an enduring trend. Go to Source Powered by WPeMatico
3 reasons why Bitcoin is regaining its crypto market dominance
Hint: Many altcoins—not just LUNA—are down over 80% from their all-time highs in 2022. Go to Source Powered by WPeMatico
After the Terra LUNA Fallout, Bitcoin Dominance Climbs Higher While Ethereum’s Valuation Shrinks
Following the Terra LUNA and UST fallout, digital currency markets have dropped in value as the crypto economy dropped 6.93% from $1.356 trillion on May 22, to today’s $1.262 trillion. Amid the market carnage, bitcoin’s market dominance has increased to 43.8%, reaching the highest value since October 30, 2021. Moreover, ethereum’s market dominance has slid … Read more
Bitcoin, Ethereum Technical Analysis: ETH Selloff Intensifies Heading Into the Weekend
ETH was trading lower for a third straight session on Friday, as prices neared an 11-month low. This comes whilst the overall cryptocurrency market cap was down almost 1% as of writing. Bitcoin was slightly higher despite today’s increased volatility. Bitcoin Bitcoin marginally rose during today’s session, with prices consolidating in the aftermath of Thursday’s … Read more