Ethereum nosedived and broke the $400 support zone against the US Dollar. ETH price could correct higher, but the previous support near $400 is likely to act as a major hurdle. Ethereum is down over 10% and it broke the $420 and $400 support levels. The price even traded below the $385 support and settled…
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Bitcoin price declined over 10% and it traded close to the $10,000 support against the US Dollar. BTC might correct higher, but upsides are likely to remain capped near $10,800. Bitcoin started a strong decline and it weakened over $1,000 in the past three sessions. The price is down over 10%, and it broke the…
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It has been a rough day for Bitcoin. The benchmark digital asset has shed a significant amount of its value, with its price plunging from the lower-$11,000 region to lows of $10,400 earlier today. In the time since, it has shown some signs of stabilizing as buyers attempt to regain control of its near-term price…
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Bitcoin’s halving is now in the past, and stock-to-flow formulas predict that the asset is ready to rocket out from current lows. But that’s yet to happen, and the crypto market is even crashing currently. Here’s how this bull market is shaping up to have much “different” momentum this time around, according to one pseudonymous…
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Earlier this week, Bitcoin surmounted $12,000 as global markets surged as the U.S. dollar saw a notable collapse. The world’s reserve currency, though, has since reversed, dragging down global markets with it. Like the stock market and precious metals, BTC has recently sustained a heavy correction. The cryptocurrency has plunged around 12% in the past…
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Ethereum has seen some rocky price action over the past few days, with sellers gaining clear control over its price action today after pushing it down over 20% from its multi-day highs. This selling pressure has come about in tandem by that seen by both Bitcoin and the rest of the crypto market, with this…
DetailsThe global crypto exchange and derivatives platform OKEx has started the month of September on a good note by adding three new tokens to its growing list of DeFi projects. With the addition of SushiSwap (SUSHI), YFValue (YFV) and PowerPool (CVP), the total number of DeFi tokens available on OKEx now stands at 32. Spot…
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Barron’s, an American finance publication operated by Dow Jones & Company, has given a rare suggestion to its audience to hedge their stock portfolios ahead of the upcoming election. The risk hanging over the market could also be responsible for the recent collapse in Bitcoin. Given the recommendation, how should crypto investors consider hedging their…
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The entire cryptocurrency market has seen some turbulence over the past 24-hours, with Bitcoin’s decline to lows $10,400 creating a headwind for the market. Despite its macro strength, Chainlink was not able to avoid the losses that came about as a result of this BTC movement. Analysts are now noting that Chainlink is trading at…
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Ethereum has been a stand out star in the crypto market in 2020. Even with the recent over 15% collapse, the top-ranked altcoin is up over 200% year to date and 350% from the Black Thursday bottom. Since then, though, Ethereum has taken on a completely new life, it seems, driven by DeFi and escalated…
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