Bitcoin gained pace above the $47,000 resistance against the US Dollar. BTC is showing positive signs and might rally towards the $50,000 resistance zone. Bitcoin saw a major technical breakout above the $45,500 resistance zone. The price is trading above $46,500 and the 100 hourly simple moving average. There is a crucial bullish trend line…
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As the bulls regained strength over the past few days, major cryptocurrencies witnessed considerable respite. Following impressive gains, Dogecoin has soared a substantial 8% over the last 24 hours. The coin was changing hands at $0.151 at the time of writing. Market movers were seen trading in the green, as a reason altcoins also jumped…
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Ethereum has now cemented its position above the hard-won $3,000 level. This signals another bull rally for the digital asset given how the market has responded to its recent surge. More money is coming into the digital asset daily as investors clamor to take part in the gains. This is evidenced by the exchange inflows…
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On-chain data shows the top 10 Bitcoin whale inflows are forming a historic bear signal right now, something that could spell trouble for the new rally. Bitcoin Top 10 Exchange Inflows (Whales) Form A Peak Recently As pointed out by an analyst in a CryptoQuant post, the BTC top ten exchange inflows have showed a…
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Bitcoin approaches the high area around its current levels, for the first time since the start of 2022. The cryptocurrency has seen some relief from the macro factors putting selling pressure on its price action, and a new narrative has revigorated the bulls: BTC as pristine collateral. Related Reading | Malice Or Ignorance? The New…
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Across the proof-of-stake (PoS) industry, a vast number of users and protocols have been long reaping the benefits of the PoS consensus mechanism. It is not only an easy and practical way to secure blockchain networks but also a fool-proof way for users to earn high APYs in exchange for their participation via staking. However,…
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Bitcoin price has shattered $47,000 and has left in its wake the bloodbath that is short liquidations. These short traders that obviously expected the previous market trend of low momentum to continue have now incurred hundreds of millions of dollars in losses in the crypto market, and in a very short time too. The bloodbath…
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Whether it is Bitcoin or another asset, bottoms can be hard to spot until much later in hindsight. That is unless you are Peter Brandt, career commodities trader with nearly 50 years of market experience. In a new comparison, Brandt compares the crypto bear market bottom he predicted a year in advance, with the current…
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Ethereum might still be the number one blockchain for smart contracts, but dozens of competing networks have been gaining ground. Lots of these alternative chains have been quite vocal about their status as an “Ethereum killer”, while others have stayed quiet, keeping their heads down and focusing on growth rather than media attention. One of…
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Do you know what Warren Buffet teaches his children to be rich for generations? “If you don’t find a way to make money while you sleep, you will work until you die.” We named it “passive income”. Whereas active income comes from your day job, passive income is the cash you receive while you’re doing…
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