Bitcoin’s price has recently crashed, losing nearly $5,000 in one day. On the daily timeframe, the price has been rejected from the $30K resistance level multiple times in recent months, leading to a significant drop below the critical 200-day moving average around the $28K mark. The $25K support currently holds the price, preventing it from […]
Crypto data platform Santiment is offering insight into the signals that could indicate the right time to accumulate Bitcoin (BTC) and altcoins. According to Santiment’s marketing director Brian Quinlivan, buying opportunities for crypto assets have historically presented themselves when trader sentiment is neither pessimistic nor optimistic across major social media platforms such as Reddit and […]
Vultor, a crypto payments company, announced the launch of the presale for its native token, VLT. Through the presale, the crypto project aims to increase the popularity of its main product and allow presale participants to be part of a transformative journey. The price of 1 VLT token is $0.16, and it will not change […]
Ripple’s XRP has seen a major decline against the US Dollar in the past few days, dropping below the $0.680 and $0.650 support levels. The price has tested the key support at $0.412, but the bulls have been active above this level.A crucial bullish trend line is forming with support near $0.490 on the daily […]
In the latest episode of Cointelegraph’s The Market Report, analyst Marcel Pechman discussed Bitcoin’s recent drop to $26,000. Derivatives market analysis showed that options and futures metrics lacked signs of professional traders going bearish, and while this doesn’t guarantee a quick return to $29,000 support, it reduces the chances of an extended correction.Pechman presented a […]
The FBI has recently drawn attention to a significant sum of Bitcoin, amounting to approximately $40 million, that is believed to be linked to North Korean cyber activities. Several of the identified bitcoin addresses are thought to be connected to the DPRK-affiliated group known as TraderTraitor, Lazarus Group and APT38, and are reported to hold […]
Dogecoin ($DOGE) has seen a sharp drop in its value over the past ten days, with the coin’s price now 25% lower than its July high. Technical analysis from ChatGPT suggests that the coin could drop further, potentially to $0.046 in the near term. Other meme coins, such as Wall Street Memes ($WSM) and Sonik […]
Bitcoin prices dropped significantly last week due to a deleveraging event, causing a large number of short-term holders to take a serious toll. According to Glassnode, the short-term holder cost basis has historically offered support during uptrends, but recent data suggests that a significant portion of the supply is currently being held at an unrealized […]
Nvidia (NVDA) is set to release its earnings after the market close on Wednesday, and Fed Chair Jerome Powell will give a speech on Friday morning. Meanwhile, five stocks have experienced a significant dip in shareholder value today. SOS Ltd. (NYSE: SOS), a leading provider of data mining and analysis services in the People’s Republic […]
Bitcoin’s market volatility has been on the rise, and according to Deribit, a cryptocurrency derivatives exchange, this has been accompanied by an increase in demand for Bitcoin put options. Put options are a type of financial instrument that gives the holder the right, but not the obligation, to sell an asset at a predetermined price […]
