Bookmarking Crypto Insights
Auto Added by WPeMatico
Roughly six years ago in July 2016, an Ethereum hard fork was used to address the infamous DAO hack. This specific fork saw the chain split into two factions, and a new crypto asset called ethereum classic was introduced to the crypto community. For years now both chains have co-existed using the same proof-of-work (PoW) … Read more
ETH price hit resistance at the $1,600 level, but this is not stopping options traders from opening fresh leveraged longs. Go to Source Powered by WPeMatico
Bitcoin and altcoins surged ahead of July 27’s FOMC meeting, but will the expected 75 basis point rate hike cap the current rally? Go to Source Powered by WPeMatico
Multiple indicators and on-chain metrics reflect confluence pointing to an improving market, but technical analysis still raises the possibility of Bitcoin dropping to new yearly lows. Go to Source Powered by WPeMatico
Data shows investors jumping back into fiat and a lack of bullish leverage in the crypto market suggests another correction is in the making. Go to Source Powered by WPeMatico
Bitcoin and most major altcoins have dipped to their immediate support levels, indicating that bears remain active at higher levels. Go to Source Powered by WPeMatico
If Bitcoin clears its overhead resistance level, ETH, BCH, AXS and EOS could resume their uptrend with surprising strength. Go to Source Powered by WPeMatico
Traders are still buying BTC and major altcoins on each dip, but selling near overhead resistance could be a sign that price action will remain range-bound in the short-term. Go to Source Powered by WPeMatico
BTC derivatives used by whales and market makers do not support a continuous price recovery above $24,000. Go to Source Powered by WPeMatico
Wondering if the recent Bitcoin price movement is going to keep moving forward, or if this is just another bear trap? Join the conversation with Nicholas Merten from ‘DataDash’ and get answers about the recent market movements. Go to Source Powered by WPeMatico