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Ether’s price is back on the path to a new high, but this key ETH derivatives metric signals that pro traders are exercising caution. The price of Ether (ETH) fell by 19.6% on April 18, resulting in the quick liquidation of $1 billion in long futures contracts. Despite the size of this record liquidation and […]
The bulls are trying to stabilize Bitcoin price and if they succeed, VET, SOL, EOS and FTT could quickly bounce back to their local highs. Bitcoin (BTC) price witnessed a sharp dump to $50,900 on April 18, which some analysts attribute to a drop in hash rate and rumors of possible action by United States regulators against […]
U.S. dollar weakness is painting a bullish short term outlook for Bitcoin in April, the Cointelegraph writes. The U.S. dollar is starting to weaken once again as sellers are pushing the U.S. Dollar Index (DXY) downward, which could strengthen the momentum of Bitcoin (BTC) in the near term. Alternative assets like Bitcoin and gold are […]
The price of Ether broke out against Bitcoin for the first time in almost a month as its technical momentum strengthens, the Cointelegraph writes. Ether’s (ETH) price has broken out for the first time in 23 days in its Bitcoin (BTC) pair. It follows a high-profile announcement from Visa to use USDC, a stablecoin based on the […]
Following the Cardano 360 event, the platform developer Input Output Hong Kong (IOHK) has published a summary of the key points. In addition to showing a demo of a decentralized exchange like Uniswap running on Plutus, IOHK confirmed the date for “D-Day”. Slated for March 31, Cardano’s developer announced that on this date they will […]
Up to $1.15 billion worth of Ether options are set to expire on March 26, and data suggests bullish traders may make a show of force after the expiry, the Cointelegraph reported on March, 20. Over the past two months, the open interest on Ether (ETH) options increased by 50% to reach $3.1 billion, with ETH […]
It’s often a bullish indicator when the the 50-week moving average crosses above the 100-week, but traders can get trapped on the wrong side of the market, the CoinDesk writes. XRP, the digital token used in Ripple Labs’ payments network, was outperforming bitcoin and other major cryptocurrencies on Tuesday, with a longer-duration technical indicator flashing a bullish signal. […]
Bitcoin (BTC) trading around $55,736.37 as of 20:00 UTC (4 p.m. ET). Sliding 1.73% over the previous 24 hours. Bitcoin’s 24-hour range: $53,350.37-$56,988.34 (CoinDesk 20) BTC trades between its 10-hour and 50-hour averages on the hourly chart, a sideways signal for market technicians. Bitcoin traded in a narrowed range as Monday’s sell-off appeared to subside and […]
As Bitcoin price skyrocketed to a new all-time high above $61,800, altcoins like Decentraland rallied more than 90%, the Cointelegraph reported. On March 13 bulls took full control of the crypto market as Bitcoin (BTC) price vaulted to a new all-time high at $61,844 after a high volume surge pushed the price through overhead resistance near $58,000. […]
Ethereum is holding gains above $1,750 against the US Dollar. ETH price is likely setting up for a crucial upside break above the $1,850 and $1,880 resistance levels, the NewsBTC predicts. Ethereum is showing a few positive signs and it is trading nicely above $1,750. The price is now well above $1,750 and the 100 […]