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“# Bitcoin retests $37K support, gold and stocks drop lower over Fed comments ” Bitcoin (BTC) price dropped another notch to $37,365 today after a failed attempt by bulls to retake the $40,000 level. The renewed slump comes as the stock market and commodities also pulled back as a result of Federal Reserve Chair Jerome Powell’s…
“# Not sure if the bulls are back? Here’s how the golden cross spots trend reversals ” The most important aspect in trading is to correctly identify the long-term trend. Once this is done, the rest of the steps are not very difficult because all a trader needs to do is look for buying opportunities…
“# “Bitcoin maximalists? They can’t stop innovation”, says Mati Greenspan ” In an exclusive interview with Cointelegraph during Bitcoin 2021 in Miami, Greenspan criticized a segment of Bitcoin maximalists for being “small-minded and insecure”, pointing out that they don’t have control over the main cryptocurrency. “They cannot stop any kind of innovation from happening. So…
“# Mirror Protocol silently rallies 30% overnight despite crypto market slump ” Mirror Protocol (MIR) emerged as one of the best performing tokens in the cryptocurrency market on May 17, even as its top trading rivals Bitcoin (BTC) and Ether (ETH) struggled to find direction after a depressive previous daily session. The MIR/USD exchange rate…
“# Faster than the speed of news: What a 41 minute head start means to crypto traders ” When exchange listing news hits the crypto market, there’s often a spike in trading volume and a rapid (if often short-lived) appreciation in the price of the crypto asset. The degree of movement depends on the exchange…
“# Flexa AMP cryptocurrency hits new highs on Coinbase listing — Up 1,700% in 2021 ” The in-house token of cryptocurrency payments app Flexa, AMP, has hit new all-time highs after being listed on major exchange Coinbase. Data from Cointelegraph Markets Pro and TradingView showed AMP/USD reaching $0.11 per coin for the first time on June…
“# SynFutures raises $14M for derivatives DEX supporting ‘anything with a price feed’ ” Forthcoming decentralized derivatives exchange SynFutures has closed an oversubscribed $14 million Series A funding round led by Polychain Capital. The automated market maker’s funding round also saw participation from other heavyweight crypto investors including Pantera Capital, Framework, and Wintermute. Including the…
“# Bitcoin price falls after Fed shifts interest rate hikes forward amid inflation fears ” Bitcoin dropped closer to a key support level and the Dow and the S&P 500 pulled back after the Federal Reserve moved forward its plan for 2 interest rate hikes in 2023. Bitcoin (BTC) price extended its losses shortly after…
“# Price analysis 6/16: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, LTC, BCH ” Bitcoin’s price (BTC) turned down from just above the $41,000 mark on June 15, suggesting that traders are halting their purchases at higher levels. Traders seem to be hesitant to take large bets until the U.S. Federal Reserve releases its…
“# Dip-buyers anticipate further downside after Bitcoin price falls to $38K ” The cryptocurrency market is in the midst of another lackluster day as Bitcoin (BTC) price dipped below $40,000 ahead of the Federal Open Market Committee (FOMC) meeting where officials intend to discuss whether interest rates should be raised or kept near zero. While…