Bitcoin hits new 6-week high as Ethereum liquidates $240M more shorts
Retail traders are repeating past mistakes over and over, analysis concludes as bulls smoke late BTC and ETH shorters. Go to Source Powered by WPeMatico
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Elon Musk Acquires Twitter, Cryptocurrency Market Cap Rises Above $1 Trillion
Cryptocurrency markets have seen significant bullish momentum this week, with Bitcoin and Ethereum rising by 7% and 19% in the past week. While cryptocurrency prices remain relatively flat this Friday compared to yesterday, the market sentiment remains bullish. Let’s look at relevant crypto and global news affecting markets today. Key Points: Elon Musk finalizes his … Read more
Bitcoin, Ethereum Technical Analysis: ETH Falls Below $1,500 — Market Momentum Remains Bullish
Ethereum dropped below $1,500 on Friday, as cryptocurrency markets fell following earlier gains in the week. Bitcoin was also in the red in today’s session, as the token moved closer to a breakout below $20,000. Overall, the global crypto market cap is down 1.90% as of writing. Bitcoin Bitcoin (BTC) fell lower for a second … Read more
Ethereum sets record ETH short liquidations wiping out $500 billion in 2 days
New all-time highs in short liquidations — at least when measured in dollars — point to overly bearish market sentiment. Go to Source Powered by WPeMatico
Study Finds Nearly 60% of Hong Kong and Singapore’s Super Rich Have Invested in Digital Assets
According to a study jointly published by KPMG China and Aspen Digital, about 58% of Singapore and Hong Kong’s family offices and high-net-worth individuals have invested in digital assets. Reports suggest the info shows the crypto market downturn has not diminished the super-rich’s interest in digital assets, and is unlikely to dissuade them from increasing … Read more
Nifty News: LooksRare the latest NFT market to sack royalties, Twitter’s tweeting tiles, and more
LooksRare joins the lineup of NFT marketplaces that have abandoned default creator royalties but says its replacement solution is “competitive”. Go to Source Powered by WPeMatico
Bitcoin and Ethereum Prices Test Support as Crypto Market Rebounds
After yesterday’s bull run, where Bitcoin and Ethereum saw substantial price growth, today’s markets are testing support levels. Trading volume for BTC and ETH is also down by an average of 30% in the past 24 hours, signaling that cryptocurrencies are taking a break this Thursday. Let’s look at relevant crypto and global news affecting … Read more
Why the battle for low or no transaction fees really matters
High transaction fees stand in the way of crypto achieving its full potential and being embraced by the masses — but it is possible to make transfers for free. Go to Source Powered by WPeMatico
Bitcoin, Ethereum Technical Analysis: BTC Slips, Following Move Above $21,000
Bitcoin fell marginally lower on Thursday, as traders moved to secure gains following yesterday’s price surge. The token rallied to a multi-week high above $21,000 late on hump-day, with bulls somewhat retreating today. Ethereum was also down from Wednesday’s five-week high. Bitcoin Bitcoin (BTC) bulls moved to secure Wednesday’s gains during today’s session, as the … Read more
Ethereum Price Outperforms Bitcoin This Week as Bullish Momentum Continues
Cryptocurrency markets continue their bullish rise this week, with Bitcoin and Ethereum prices showing a significant improvement over the past seven days. The crypto market saw substantial bullish price action on Tuesday, which seems to continue today. The global cryptocurrency market cap is once again in bullish territory, currently at $1 trillion, up 3.30% in … Read more