3 key indicators traders use to determine when altcoin season begins
Clever traders frequently use these three indicators to pinpoint when an altcoin season could begin. Go to Source Powered by WPeMatico
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$32K Bitcoin price could turn the tides in Friday’s $160M BTC options expiry
BTC price lost the momentum that pushed it to $32,300 on May 31, but this week’s option expiry could help bulls recapture the key price level. Go to Source Powered by WPeMatico
Here are 3 altcoins that could surge once Bitcoin flips $35K to support
ADA, MATIC and XLM appear well positioned for a bullish breakout once BTC flips the $32,000 to $35,000 zone to support. Go to Source Powered by WPeMatico
DeFi protocols launch stablecoins to lure new users and liquidity, but does it work?
In the wake of UST’s collapse, several DeFi platforms launched their own stablecoins to lasso new users and liquidity but are investors willing to take on the risk in return for 20% APY? Go to Source Powered by WPeMatico
Price analysis 6/1: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, AVAX, SHIB
BTC and altcoins met resistance at a key moving average, leading traders to wonder whether the current pullback is a lower support test, or proof that bears are still in control. Go to Source Powered by WPeMatico
Bitcoin price broke to the upside, but where are all the leveraged long traders?
BTC price looks to break out of its downtrend, yet pro traders are still unwilling to add leveraged positions. Go to Source Powered by WPeMatico
Axie Infinity V-shape recovery fizzles as AXS price drops 20% from three-week high
Strong correlation with Bitcoin and traditional markets continue to pull Axie Infinity price lower. Go to Source Powered by WPeMatico
Fresh Gains Push Bitcoin Back Into the World’s Top 10 Most Valuable Assets
While bitcoin has lost more than 16% in value against the U.S. dollar during the past 30 days, the cryptocurrency’s market capitalization is still the tenth-largest asset by market valuation. With $603 billion in market value, bitcoin is above Meta’s (formally Facebook) capitalization and just below Berkshire Hathaway’s overall valuation. Despite Losing Over 16% in … Read more
Bitcoin price rallies to $32.3K, but three factors could limit its recovery
BTC bulls pressed the price to $33,300, but significant tailwinds in traditional markets could continue to weigh on Bitcoin price. Go to Source Powered by WPeMatico
On-chain data shows Bitcoin long-term holders continuing to ‘soak up supply’ around $30K
Despite being underwater on a portion of BTC positions, data shows long-term holders continuing to accumulate Bitcoin in its current range. Go to Source Powered by WPeMatico