Ethereum started an upside correction above the $1,850 resistance against the US Dollar. ETH price is likely to continue higher if there is a close above the $2,000 resistance. Ethereum started a decent upward move above the $1,850 and $1,950 resistance levels. The price is now trading well above $1,900 and the 100 hourly simple…
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Bitcoin price started a strong upward move from the $29,250 support zone against the US Dollar. BTC must settle above $32,000 and $32,500 for more upsides in the near term. Bitcoin started a strong increase above the $30,000 and $31,000 resistance levels. The price is now trading well above $31,000 and the 100 hourly simple…
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Bitcoin’s seven-day average trading volumes have continued to remain low, as the seven-day average trading volumes only reaching $3 billion. This comes on the heels of the digital asset seeing declining volatility in the market. The bitcoin trading market had seen a marked shift in trends as the average trading volumes remain at yearly lows.…
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Bitcoin has seen some gains in the past 24 hours as bulls seem to be making a stronger push. However, funding rates across exchange platforms remain negative indicating a high bearish sentiment, at least, in the derivatives sector. At the time of writing, BTC trades at $32,236 with an 8.4% profit daily and a 2.7%…
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Bitcoin on-chain data shows that miners have transferred a huge amount of coins to cryptocurrency exchanges. On-chain Data Suggests Miners Transferred 11,816 BTC To Exchanges As pointed out by a CryptoQuant post, 20 July saw a huge outflow from Bitcoin miners. The total outflow from that day is around 12k. Here is a chart that…
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Ark Invest has now bought another $10.8 million worth of shares in Grayscale’s Bitcoin Trust. The investment firm bought another 2.14 million shares in the Grayscale Bitcoin Trust, bringing its total shares in the trust to a little over 7 million shares. The firm had been steadily increasing its stake in the Bitcoin trust which…
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At the end of 2020 and the beginning of 2021, crypto exchanges crackdown on privacy coins. This resulted in Monero, Zcash, Dash, and others being de-listed from these platforms. Regulators from around the world exerted pressure on these entities to “reduce the risk” and “protect” consumers from the alleged dangers of these cryptocurrencies. This is…
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Ethereum has not been left out of the onslaught currently happening in the market. The coin has lost over 2.4% in the last 24 hours and is now trading in the $1,700 territory as of the time of writing this article. The digital asset continues to dip as the crypto market continues to experience massive…
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BitYard, the world’s leading cryptocurrency derivative exchange based in Singapore, announced a refreshed corporate visual identity: a new logo highlighting ‘B’ & ‘Y’, a fresh slogan, and a vivid color palette. While ‘B’ conveys the strong belief on an inevitable trend of Bitcoin and other crypto evolving into currencies in global usage, the letter ‘Y’…
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Ethereum started an upside correction from the $1,720 zone against the US Dollar. ETH price could correct further higher, but upsides might be capped near $1,850. Ethereum formed a base above the $1,720 support zone before starting an upside correction. The price is still trading well below the $1,850 resistance and the 100 hourly simple…
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