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“# The US Federal Reserve is making some analysts bullish on Bitcoin again ” Signs of a steady Bitcoin (BTC) price recovery emerged earlier this week as investors shifted away from the U.S. dollar on weaker-than-expected economic data. In detail, Bitcoin’s drop last week to below $33,000 met with a healthy buying sentiment that pushed…
“# Why did WazirX token WRX jump 30% after India announced its big crypto tax? ” WazirX exchange’s native token WRX benefited the most from India’s latest u-turn on crypto this week. WRX price jumps on India tax news WRX price surged nearly 30% to over $1, hitting a three-week high after the Indian government…
“# Can Ethereum price reach $4K after a triple-support bounce? ” Ethereum’s native token Ether (ETH) looks ready to continue its ongoing rebound move toward $4,000, according to a technical setup shared by independent market analyst Wolf. Classic bullish reversal pattern in the works? The pseudonymous chart analyst discussed the role of at least three support…
“# Bottom ahead? Solana paints its first ‘death cross’ as SOL losses 50% in January ” Solana (SOL) looks poised to paint its first “death cross” this week, raising fears that its ongoing selloff would continue further into February. Real selloff threat Notably, the SOL price’s 50-day exponential moving average (50-day EMA; the red wave)…
“# Ethereum price risks dropping to $2K on ‘bear flag’ setup ” Ethereum’s native token Ether (ETH) will extend its 30% slump this year to the lowest price level since July 2021, if a textbook technical indicator plays out. Ethereum chart paints bearish pattern ETH’s price fell to its six-month low of $2,159 on Jan….
“# What is Etherscan, and how does it work? ” Etherscan is the most trusted tool for navigating through all the public data on the Ethereum blockchain and is sometimes called “Ethplorer.” This data includes transaction data, wallet addresses, smart contracts and much more. The application is self-contained and is neither sponsored nor administered by…
“# The Sandbox (SAND) metaverse token gains 40% after Snoop Dogg, Warner Music partnership ” Sandbox (SAND) refused to go down despite broader negative market sentiment in the past 24 hours. Instead, the altcoin logged a breakaway recovery as traders assessed its recent high-profile partnerships as a sign that the project has strong fundamentals. SAND rose 10.23%…
“# Defying the bear market, this automated strategy is up 15% so far in 2022 ” Let’s be blunt: Being in a bear market sucks profoundly as a crypto trader. Most strategies that work when everything is green lead to losses. Growing the value of a portfolio takes twice as much work for half as…
“# What is the best marketplace to buy NFTs? | Find out now on The Market Report ” “The Market Report” with Cointelegraph is live right now! On this week’s show, Cointelegraph’s resident experts discuss which nonfungible token (NFT) marketplace has the most to offer its customers. But first, market expert Marcel Pechman carefully examines…
“# Thai regulators team up to issue guidelines on digital assets payments ” The Bank of Thailand (BOT), the Securities and Exchange Commission (SEC) and the Ministry of Finance (MOF) have come together to review and issue guidelines on the use of digital; assets as a payment tool. In a joint press release on Tuesday,…