As of June 1st, Ethereum was up 25% in the past week alone. But right on cue, the cryptocurrency market saw a harsh correction on Tuesday morning that wiped out the gains seen on Monday. Bitcoin crashed $1,500 in three minutes on BitMEX, while other cryptocurrencies such as ETH experienced losses in their own markets.…
DetailsEthereum and the aggregated crypto market bore witness to immense volatility this morning that was sparked by Bitcoin’s capitulatory decline from the $10,000 region. This decline caused major altcoins like ETH to post massive losses, with many underperforming Bitcoin as they continue struggling to garner any notable momentum against their BTC trading pairs. It now…
DetailsAccording to the latest CoinMetrics report, if Bitcoin’s current growth rate can be maintained, its current daily volume from spot markets would need less than 4 years of growth to exceed the daily volume of all U.S. equities. Latest CoinMetrics Report Analyses Bitcoin’s Fragmented Volumes With a resurgence of institutional interest in Bitcoin, cryptocurrency analytics…
DetailsAfter a relatively long stagnation phase, volatility has returned, and Bitcoin has done nothing but shoot up. Several indexes suggested that a price breakout was imminent. But nobody would have thought that the $10,000 resistance level will break so easily. The recent price action sent investors and market participants alike into “greed,” according to the…
DetailsJust ahead of last night’s daily close, Bitcoin price exploded above $10,000 in a powerful break of the asset’s most important resistance, liquidating overleveraged shorts along the way. But Sunday night’s daily price candle coming to a close also opened a new weekly price candle, which also triggered a TD 9 sell setup. It’s that…
DetailsAs difficult it may be to believe, you’ve read that headline accurately – altcoins may finally be ready to break out against Bitcoin and bring the battered and beaten asset class more in line with the recovery the number one cryptocurrency has had. The first shot fired came today with the latest Bitcoin price flash…
DetailsBitcoin has seen some immense volatility in recent times, with the benchmark cryptocurrency rallying up to $10,400 yesterday before plummeting to lows of $9,000 this morning. It has since been able to garner some support that has allowed it to climb back into the mid-$9,000 region. This recent price action has done little to offer…
DetailsBrave, a privacy-focused web browser, is celebrating its 5th anniversary with over 15 million active monthly users. The company shared some of the important milestones it achieved over the past year, which include a 50% growth in the number of overall users since November 2019, and a 255% increase in ad campaigns reported in October…
DetailsIn a shocking move, Bitcoin price just plummeted by over $600 in less than five minutes of price action. The surprise move has now erased the entire rally last night that took Bitcoin above the key level of $10,000, which it has yet again failed to hold. Bitcoin Price Fails To Hold $10,000 Yet Again…
DetailsBitcoin has been caught within the throes within immense volatility over the past day, rallying to highs of $10,400 overnight before losing its momentum and declining down towards $9,000. The overnight rally from lows of $9,400 to its recent highs left a trail of destruction in its wake, causing the crypto to see its largest…
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