Price analysis 4/5: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
Bitcoin continues to face resistance near $29,000 and Ether has decided to take charge of the wider crypto markets’ bullish momentum. Go to Source Powered by WPeMatico
Markets
Auto Added by WPeMatico
3 key Ethereum price metrics cast doubt on the strength of ETH’s recent rally
ETH price is showing strength, but network and derivatives data suggest that ETH will struggle to hold the $1,850 price level. Go to Source Powered by WPeMatico
Fed liquidity injections drive down US Treasury yields, but not Bitcoin price
Regulatory uncertainty and the recent enforcement actions taken against major crypto exchanges reduces the odds of Bitcoin breaking above $30,000 in the short-term, but investors are still bullish. Go to Source Powered by WPeMatico
Banking crisis could spark the first ‘extended duration Bitcoin bull market,’ says Swan Bitcoin CEO
The next BTC bull market will last longer than previous ones due to the latest banking crisis, according to Swan Bitcoin CEO Cory Klippsten. Go to Source Powered by WPeMatico
Crypto market momentum stalls as traders await the results of recent regulatory actions
Crypto’s bullish momentum may stall at the $1.2 trillion total market cap resistance, but traders’ newfound caution has not translated to excessive demand for short positions. Go to Source Powered by WPeMatico
Price analysis 4/3: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL
Macroeconomic headwinds continue to pressure the crypto market, but bulls appear steadfast on holding $28,000 for support and this could provide tailwinds for altcoins. Go to Source Powered by WPeMatico
Bitcoin price turns $28K to support, opening the door for ETH, MATIC, HBAR and EOS to breakout
BTC, ETH, MATIC, HBAR and EOS are likely to pick up momentum if they cross above their respective overhead resistance levels. Go to Source Powered by WPeMatico
Price analysis 3/31: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
Signs of easing inflation could push Bitcoin and select altcoins above their respective overhead resistance levels in the short-term. Go to Source Powered by WPeMatico
Why did 12K Bitcoin margin longs close at Bitfinex, and why didn’t it impact BTC price?
An unprecedented number of BTC margin longs recently closed at Bitfinex, leaving analysts searching for explanations. Go to Source Powered by WPeMatico
Bitgo Launches Storage and Tracking Solution for Bitcoin-Based Ordinal Inscriptions
On Thursday, digital asset custody provider, Bitgo, announced the launch of its storage and tracking solution for Bitcoin-based Ordinal inscriptions. Moreover, users can use Bitgo’s Ordinal inscription storage system to inscribe their own inscriptions onto the Bitcoin blockchain. Bitgo’s New Solution Allows for Safe Sending of Ordinal Inscriptions Bitgo has announced a new storage solution … Read more