Ethereum sell-off resumes with ETH price risking another 25% decline in June
Ether price is forming a bear pennant pattern whose profit target comes to be near $850. Go to Source Powered by WPeMatico
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Treasury Minister of El Salvador Dismisses Bitcoin Investment Losses, Calls Media Reports Biased
Alejandro Zelaya, the treasury minister of El Salvador, called out the critics of the investments that his country, through the action of President Nayib Bukele, has made in bitcoin. Zelaya stated that there had not been any losses because the bitcoin purchased — around 2,300 BTC — had not been sold. He also qualified the … Read more
Huobi Launches Blockchain and Web3 Investment Arm Ivy Blocks
Huobi, a leading cryptocurrency exchange, has announced the creation of a new investment arm to tackle decentralized finance and Web3 projects. Ivy Blocks, as it was named by the exchange, will focus on finding projects in seed stages to aid them via financing and other supporting services with the objective of making a “better, more … Read more
Solana price just one breakdown away from a 40% slide in June — here’s why
Network outages and decreasing smart contract reserves add further downside pressure to SOL price. Go to Source Powered by WPeMatico
Ethereum ‘double doji’ pattern hints at a 50% ETH price rally by September
ETH’s bullish reversal candlesticks form near a strong support confluence, raising anticipations about a sharp upside retracement ahead. Go to Source Powered by WPeMatico
3 reasons Ethereum price risks 25% downside in June
A mix of on-chain, fundamental, and technical factors suggests more pain for Ether bulls ahead. Go to Source Powered by WPeMatico
Cardano price fake-out? ADA’s 45% rebound in two days could trap bulls
ADA price has seen sharp recoveries during bear markets in the past with many turning out to be bull traps. Go to Source Powered by WPeMatico
Wealthy Coinbase clients are still ‘hodling’ Bitcoin since December 2020, data suggests
Institutions that reportedly purchased 10,939 BTC from Coinbase in December 2020 are not selling yet. Go to Source Powered by WPeMatico
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
Bitcoin price bottom signals flash as ‘fear and greed’ index matches March 2020 lows
On-chain indicators focusing on Bitcoin’s fair valuation and long-term holders’ sentiment also raise its prospects of bottoming out. Go to Source Powered by WPeMatico
