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“# Price analysis 2/4: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX ” Bitcoin (BTC) and Ether (ETH) are attempting to build upon their recent recovery as the U.S. equity markets try to resume their relief rally, backed by strong results by Amazon. Bollinger Bands creator John Bollinger recently tweeted that Ether looked…
“# Tezos scores $27M deal with Man United, Baby Doge backs Hoffenheim ” Manchester United, one of the world’s most popular soccer (or football) teams, is reportedly set to announce a multi-year training kit sponsorship by proof-of-stake blockchain platform Tezos. First reported by The Athletic, the deal is apparently in excess of $27 million per…
“# Price analysis 2/2: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX ” Bitcoin (BTC) rose above $39,000 on Feb. 1 but the sharp fall in the shares of PayPal may have resulted in aggressive selling by the short-term traders. However, in the long-term, large investors seem to be viewing the decline as…
“# Price analysis 1/31: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX ” Bitcoin (BTC) started the 2022 on a losing note, dropping about 20% to its worst performance in January since 2018 when the price plunged 26.61%, according to on-chain analytics resource Coinglass. Now, all eyes turn to February, which has historically favored…
“# Price analysis 1/28: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX ” Bitcoin (BTC) and most major altcoins are turning down from overhead resistance levels, indicating that the sentiment remains negative and traders are selling on every available opportunity. Decentrader analyst Philip Swift said that the on-chain spent profit output ratio (SOPR)…
“# Price analysis 1/26: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX ” Bitcoin (BTC) and most major altcoins have bounced off their strong support levels but could the rally sustain to the extent that traders feel confident that a bottom in place? Bloomberg Intelligence senior commodity strategist Mike McGlone said that Bitcoin’s…
“# BTC price hits $38K as Bitcoin analysts focus on weekly close ” Bitcoin (BTC) staged new retests of $38,000 resistance on Jan. 26 as optimism increased over a potential recovery to $40,000 and higher. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Next stop a $40,000 retest? Data from Cointelegraph Markets Pro and TradingView followed BTC/USD…
“# Fading power? Weak DOGE spike after Elon Musk makes McDonald’s offer ” Erratic billionaire and Tesla CEO Elon Musk has offered to eat a kids meal from McDonald’s live on television if the fast food giant adds Dogecoin (DOGE) as an official payment method. “I will eat a Happy Meal on TV if McDonald’s…
“#Elon Musk nudges McDonald’s to accept Dogecoin” If Elon Musk gets his way, McDonald’s will become the latest company to jump onto the Dogecoin bandwagon. Musk, a noted Dogecoin fan, called Tuesday for McDonald’s to accept the meme token as a legitimate form of payment for burgers and fries. The billionaire offered to provide McDonald’s…
“# Price analysis 1/24: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX ” Bitcoin (BTC) and most major altcoins are struggling to find a bottom, indicating that traders are dumping their positions out of fear. The big question on everyone’s mind is whether the selling is over or could the decline continue? UTXO…