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“# Top 5 cryptocurrencies to watch this week: BTC, MATIC, NEAR, ATOM, HNT ” After staying above $50,000 on Christmas day, Bitcoin (BTC) faced selling pressure on Dec. 26. One of the reasons for the possible dip in Bitcoin’s price is the increase in inflows to the Binance exchange. Data analysis account Material Scientist said…
“# Analysts say 2022 will be ‘defined by agility and cost-efficiency’ instead of ‘blockchain purity’ ” The entire crypto market took great strides toward mass adoption in 2021 and now that the year is nearly complete, analysts are setting their price targets for 2022. Many analysts supported calls for a $100,000 (BTC) price before the…
“# Bitcoin slips under $50K amid warning ‘new player’ Binance whale is pressuring BTC price ” Bitcoin (BTC) lost $50,000 for the first time in several days on Dec. 26 as exchange inflows caught up with the cautiously optimistic mood. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “New player” beefs up $50,000 sell wall Data…
“# Top crypto winners and losers of 2021 ” The year 2021 has undoubtedly been a bull market with Bitcoin (BTC) raising the all-time high price bar several times this year. But not all crypto assets have performed equally. There have been a number of losers in addition to the majority of winners in terms…
“# Bitcoin battles bears ‘on offense’ as Christmas delivers a $50K BTC gift ” Bitcoin (BTC) held $50,000 into Dec. 25 as BTC bulls avoided an unwelcome Christmas Day surprise. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Bears become bulls” short term? Data from Cointelegraph Markets Pro and TradingView showed BTC/USD maintaining $50,000 support into the…
“# Price analysis 12/24: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE ” Bitcoin (BTC) bounced back above the psychological level at $50,000 and the S&P 500 hit a new all-time closing high on Dec. 23, suggesting that the panic selling caused due to the omicron variant is subsiding and the much-awaited “Santa…
“# Bitcoin ‘Santa rally’ pauses at $51.5K as funds bet on a sub-$60K BTC price for January 2022 ” Bitcoin (BTC) lost momentum at $51,500 on Dec. 24 as traders weighed the odds of a “Santa rally” coming true for Christmas. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC sees potent long-term retest Data from…
“# Bitcoin needs to clear $51K to reduce the chance of new sell-off from BTC whales ” Bitcoin (BTC) whales are the center of attention again this week as large transactions flow back to exchanges. Data from on-chain analytics platform CryptoQuant on Dec. 24 shows that relatively, whales are increasing their presence as potential sellers….
“# What cryptocurrencies should you watch in 2022? | Find out live on The Market Report ” Join Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Marcel Pechman as they discuss some of their top cryptocurrency picks for 2022. Marcel kicks things off by tackling the question on everyone’s mind:…
“# Bitcoin hash rate nears record 200EH/s as 100K BTC turns ‘illiquid’ every month ” Bitcoin (BTC) is about to hit a new all-time high in one essential area — and major mining pools have likely already clinched the title. Data from monitoring resource MiningPoolStats shows that, as of Dec. 20, the Bitcoin network hash…