ARK Invest CEO Cathie Wood has been a long-time supporter of Bitcoin. The CEO had taken the bold step and become one of the first managers of a public fund to actually support the digital asset openly. ARK Invest had gone on to make some investments related to the cryptocurrency such as buying shares of…
OP’s price shows the first sign of bounce after seeing its price bottom at the $0.6 support zone. OP bounced off its downtrend movement as price eyes a break from its downtrend to a region of $1. The price of OP breaks out of its daily downtrend, acting as a resistance line as the price…
Software engineer Jane Manchun Wong, famous for her reports on to-be-launch tech features, claimed that Twitter would implement its own crypto wallet. Currently, the project is under development, and the team behind the feature is still working on a prototype. According to Manchun Wong, the crypto wallet will enable users to deposit and withdraw their…
In this episode of NewsBTC’s daily technical analysis videos, we use the Fisher Transform and other tools to see how close Bitcoin is to putting an end to crypto winter. Take a look at the video below: VIDEO: Bitcoin Price (BTCUSD): October 24, 2022 Crypto Winter Bitcoin continues to be boring, but the theme of…
Data shows the altcoin dominance by volume on exchanges has now risen to 50%, here’s what happened to Bitcoin the last two times the crypto market saw such a shift. Altcoins Are Now Contributing To 50% Of The Volumes On Exchanges As pointed out by an analyst in a CryptoQuant post, altcoins have started to…
Bitcoin and Ethereum remain stuck in a range with no clear direction during today’s trading session. The crypto market’s uncertainty has been smashing on long and short positions, but one sector is blooming under current conditions. At the time of writing, Bitcoin trades at $19,360 with sideways movement across the board. Ethereum is displaying similar…
Axie Infinity (AXS) is the leading play-to-earn ecosystem in the crypto space and has continued to maintain this title since its release. Its native cryptocurrency, AXS, has seen its price take a hit in the market since the bear market began alongside other digital assets in the space. However, it seems that the decline in…
SOL’s price struggle to reclaim a key support area of $30 after losing this region. SOL breaks below a descending triangle as the price looks weak despite Bitcoin (BTC) dragging market prices upwards. The price of SOL respects the resistance line as the price trades below 50 and 200 Exponential Moving Averages (EMA). The price…
Cryptocurrency whales are now investing heavily on Enjin Coin. Cryptocurrency whale tracker WhaleStats reports a total of 28,551,132 ENJ coins are in the whales’ possession. Given that one token is now trading at a market price of $0.4141, this amounts to $11.8 million. In tandem with the whale frenzy on ENJ coin, the Enjin development…
Dogechain (DC), a recently introduced cryptocurrency, is posting big numbers in terms of gains since being added to the ever-growing family of the crypto space. Dogechain trading volume spikes to over $50 million in just two weeks DC price surges to $0.0045 before experiencing correction Dogechain blockchain looks to build up Dogecoin At press time,…
