Recently, the market has seen a strong correction due to the Bitcoin price bull run of the past several days. On December 7, 2020, the price hit a low of $19,030.09, which is considered to be a new all-time low. However, the appearance of a double bottom pattern has led to an optimistic outlook on…
Notable crypto market analyst Willy Woo has just issued an appraisal on Bitcoin’s performance in the coming months or maybe year. His analysis shows that the coin has not bottomed out yet. On Twitter, he said: “In terms of max pain, the market has not felt the same pain as prior bottoms. We can see…
The largest crypto exchange in Eastern Europe, Zonda, announces its expansion to Denmark, enabling users to trade, buy and hold over 60+ crypto assets on the exchanges. One of the largest trading cryptocurrency platforms in Eastern and Central Europe, Zonda announced its expansion to Denmark, as it continues its vision of conquering the continent. The…
Bitcoin settled below the $21,000 support zone against the US Dollar. BTC is showing bearish signs and remains at a risk of a major breakdown below $20,000. Bitcoin struggled to correct higher and stayed below the $21,000 resistance zone. The price is now trading below $20,750 and the 100 hourly simple moving average. There is…
Bitcoin price plunged close to 8% over the past day owing to the high Consumer Price Index report. The prices of most altcoins fell on their respective charts after the CPI showed a 0.1% increase in August, which has now taken the unadjusted value to 8.3%. The annual increase was expected to be 8.1%. Over…
KCC, KuCoin Community Chain, together with KuCoin Wallet and Windvane, announced that they would be holding the first Web3 major event – KCC Beowulf, a 7-week interacting activity. KCC Beowulf will be officially launched during the 5th anniversary of KuCoin. More than 20 projects deployed on KCC, including decentralized exchanges (DEX), lending protocols, wallets, cross-chain…
Dave the Wave, the analyst who accurately foretold the collapse of Bitcoin in 2021, is back with another market forecast. The prominent crypto trader shared some charts on a Twitter Thread this Monday. Dave claims that the world’s foremost cryptocurrency is about to flip bullish, judging from previous cycles. The pseudonymous crypto analyst took to…
Cosmos’ native crypto continues its bullish run up to a 40% bullish gain while other cryptos ebb and flow; NEAR follows with a multi-week high. The native coin of Cosmos protocol, ATOM continues to move upward, hitting new highs every day. At the time of writing, the crypto is trading at $14 after briefly hitting…
The outflows from bitcoin ETFs in the last couple of months suggested strong bearish sentiment among institutional investors. However, there seemed to be a change in the tide last week when a remarkable inflow trend was recorded over a three-day period. These inflows into the BTC ETFs that provide long exposure showed that investors were…
The meme coin currently under the spotlight for its token-burning campaign hit a new burn rate high this Monday. Shiba Inu, the dog crypto, burned close to 200 million coins within the last 24 hours. According to SHIB Burn data, the burn rate of Shib tokens has spiked by about 3000% in the space of…
