The collapse of the crypto exchange FTX is causing a historic event in the Bitcoin market. Yesterday, on-chain data signaled the second wave of a Bitcoin miner capitulation in one cycle. Historically, miners have had a massive impact on the BTC price. The now heralded miner capitulation will put further selling pressure on the Bitcoin…
Polkadot (DOT), the 11th largest cryptocurrency with an overall valuation of nearly $6 billion, continues to keep its losses in this prevailing crypto winter to minimal levels. On November 8, despite the negative effects of the collapse of the FTX exchange platform, the digital asset managed to briefly surpass the psychological $7 marker, peaking at…
Litecoin price started a steady increase above the $65 resistance against the US Dollar. LTC is currently rising and might rally further towards the $100 level. Litecoin started a strong increase above the $55 and $65 levels against the US Dollar. The price is now trading above $65 and the 100 simple moving average (4-hours).…
Ethereum is holding the key $1,150 support against the US Dollar. ETH is rising and might even clear the $1,250 resistance zone in the near term. Ethereum corrected lower, but the bulls were active near $1,150. The price is now trading above $1,180 and the 100 hourly simple moving average. There is a key bearish…
Bitcoin price extended its decline and tested the $16,000 support. BTC is forming a base and might soon rise above the $16,500 resistance zone. Bitcoin declined further and tested the $16,000 support zone. The price is trading below $16,500 and the 100 hourly simple moving average. There is a key bearish trend line forming with…
BNB’s price struggles as price hold above $290 to maintain the bullish sentiment BNB’s price remains strong as bulls dominate the market; the price fails to break and close above $320 with so much uncertainty in the market BNB’s price trades below get the 200 Exponential Moving Average as the price continues in bearish movement…
