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“# Bullish ETH/BTC pair revives the Ethereum ‘flippening’ discussion ” Bitcoin and the overall cryptocurrency market saw minor losses on April 29 as the market heads into the expiry of $4.2 billion worth of (BTC) options contracts. Data from Cointelegraph Markets and TradingView shows that since reaching a high above $56,400 on April 28, the price of…
“# Bitcoin price stalls in April, but $4.2B options expiry may revive run ” What’s interesting about this particular options expiry is that the current max pain price for the expiry is $54,000, which is very close to the current trading price. The max pain price is the price at which most options are rendered…
“# Bitcoin set to close first ‘red’ April in 6 years as Ethereum keeps hitting all-time highs ” Bitcoin (BTC) may not be worrying analysts with its latest price dip, but it will likely close its first negative month of April in six years this week despite hitting a new all-time high two weeks ag….
“# County in New Jersey makes 250% profit from crypto seized in 2018 ” A county in the state of New Jersey has announced the liquidation of cryptocurrency assets seized in 2018. On Monday, the prosecutor’s office in Monmouth County announced that the confiscated crypto —initially valued at $57,000 at the time it was seized —…
“# Sub-$60K monthly close will make Bitcoin’s $3.9B options expiry a non-event ” Bitcoin’s (BTC) 2021 performance has been impressive, but traders waiting for a record-breaking monthly candle are likely to be disappointed this week. After peaking at $64,900 on April 14, a jaw-breaking 27% correction followed, causing BTC price to drop to the $46,000…
“# Price analysis 4/28: BTC, ETH, BNB, XRP, ADA, DOGE, DOT, UNI, LTC, BCH ” Bitcoin (BTC) has slowed down after its sharp relief rally over the past 48-hours, but Ether (ETH) is in no mood to rest as it continues to chase new all-time highs. The biggest altcoin by market capitalization seems to have…
“# Elon Musk boosts Dogecoin again amid fresh ‘strong interest’ in altcoins ” Dogecoin (DOGE), the meme-based cryptocurrency that is a pet favorite of Elon Musk, has a new date for its price diary — Musk’s appearance on Saturday Night Live. In a tweet on Wednesday, Musk described himself as “The Dogefather” as he prepares…
“# Bitcoin dominance drop and resistance at $55K stoke altseason hopes ” The overall cryptocurrency market saw a second day of gains on April 27 after the weekend sell-off proved to be a good buying opportunity for retail and institutional investors. Lower gas fees following the Ethereum network’s Berlin upgrade along with an increase in…
“# Waves, Celo, and Injective Protocol (INJ) breakout as DeFi reawakens ” Bitcoin (BTC) extended its relief rally on Tuesday and reclaimed a market capitalization above $1 trillion. While many traders panicked during Bitcoin’s recent fall below $47,000, fund manager Dan Tapiero said that he spotted a rare TD sequential buy signal during the low….
“# Bitcoin eyes $58K as spot-driven BTC bounce makes rally ‘look sustainable’ ” Bitcoin (BTC) is riding high on the back of a “very low and healthy” indicator, according to one market analyst, which could propel it to a key resistance level at $58,000. In a tweet on April 27, analyst Lex Moskovski noted that…