Ethereum – Page 132

On the brink of recession: Can Bitcoin survive its first global economic crisis?

Bitcoin has not seen a full-blown recession since it was launched as a response to the 2008 global financial crisis.

Price analysis 6/22: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, SHIB

BTC and select altcoins attempted a reversal, but are facing heavy selling at higher levels, which is proof that bears remain in control of the wider market.

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Bitcoin and Ethereum Price Struggle to Hold Support Amid Increasing Bearish Pressure

After yesterday’s bullish rebound where Bitcoin and Ethereum prices saw significant price growth, the momentum is currently dying, with BTC and ETH prices retracting a few percent. Bitcoin is struggling to hold the $20k support level while Ethereum is attempting to stay afloat above $1k. The recent bearish momentum is likely due to continuing investor worry about inflation and the stock market’s underperformance today. Bitcoin Price Struggles to Hold Above $20K While Bitcoin managed to soar above $21k yesterday, today is different. As the stock market opened with little momentum, Bitcoin’s market started losing steam. The Dow Jones Industrial Average

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This is what’s standing in the way of DeFi’s ‘NFTification’

NFTs and DeFi have taken the world by storm in recent years, but both industries have downsides. Bringing them together could be a force for good.

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Bitcoin, Ethereum Technical Analysis: ETH Down, as Two-Day Winning Streak Ends on Hump Day

Bitcoin hit a hurdle on hump day, as the world’s largest crypto token moved lower, following strong gains to start the week. ETH also slipped during today’s session, with prices moving back towards the $1,000 mark. Bitcoin Following two straight days of gains, BTC was lower on hump day, as bears seemingly re-entered the marketplace. […]

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Plan B’s Stock-to-Flow Price Model Denounced by Vitalik Buterin, Says Model Can Be ‘Harmful’

For a few years now, the pseudonymous creator of the popular stock-to-flow (S2F) bitcoin price model, Plan B, has become a very well known bitcoin influencer gathering 1.8 million Twitter followers. However, after the S2F price model didn’t come to fruition and dropped well below the price targets in 2022, Plan B and his price […]

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Bitcoin and Ethereum Price Continue Bullish Rebound

Bitcoin price is up over 4% today as the cryptocurrency continues to rally past the $21k mark, currently trading at $21,546. Major cryptocurrencies like Ethereum, Cardano, XRP, and Solana are also showing substantial price growth, with SOL gaining upwards of 10% in the past 24 hours. The bullish momentum this Tuesday comes amid the stock market showing signs of recovery, with the S&P 500 rising by 2.42%, Dow Jones up 1.78%, and NASDAQ up over 1.95% since opening today. The current bullish momentum spells positive news for a potential upcoming market reversal in the next couple of weeks or months.

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Bitcoin, Ethereum Technical Analysis: ETH, BTC Climb for Back-to-Back Sessions for First Time in Nearly 2 Weeks

Bitcoin was trading higher for a second consecutive session on Tuesday, which is the first time it’s seen back-to-back gains in over two weeks. ETH also climbed in today’s session, as bulls continued to re-enter the market. Bitcoin BTC was trading higher for a second consecutive session on Tuesday, as markets continued to move away […]

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Price analysis 6/20: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, AVAX

Bitcoin and select altcoins attempted a relief rally, but most breakouts are being capped-off well below the 20-day moving average.

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Digital Collectible Downturn — NFT Sales Slid More Than 74% Lower Than the Month Prior

While digital currencies suffered this past month, non-fungible token (NFT) sales dropped by 74.44% during the last 30 days. Data shows that during the last seven days, NFT sales have slipped 17.33% lower than the sales recorded the week prior. NFT floor values for popular collections have rebounded this week in terms of ethereum value, […]

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