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“# Bitcoin extends slide below $43K as Binance’s BTC stash grows to May-crash levels ” Despite Bitcoin (BTC) dropping below the $43,000 mark on Monday, the outflow of BTC from exchanges has continued in a multi-month trend, particularly on Coinbase Pro. BTC/USD 4-hour candle chart, Coinbase. Source: TradingView Over the past month, the amount of…
“# Here’s why Bitcoin might be safe from a global stock market crisis ” One of the reasons behind Bitcoin’s (BTC) volatility, the substantial price oscillations that occur regularly, is the discrepancy of its use cases. Some pundits deem it “digital gold,” a truly scarce and perfect store of value (SoV). Others consider Bitcoin a…
“# Bitcoin ‘heavy breakout’ fractal suggests BTC price can hit $250-$350K in 2021 ” Bitcoin (BTC) has the potential to push its prices to between $250,000 and $350,000 by the end of 2021, a long-standing fractal suggests. First spotted by pseudonymous analyst Bit Harington, the bullish setup drew its inspirations from Bitcoin’s secular bull runs…
“# Bitcoin jumps toward $49K amid fears 5%-plus inflation is here to stay ” Bitcoin (BTC) inched higher on Sept. 18 as the focus shifted to the Federal Open Market Committee’s (FOMC) policy meeting in the wake of lower inflation numbers last Tuesday. The BTC/USD exchange rate approached $49,000 on the Coinbase exchange, hitting $48,825…
“# Evolve or die: How smart contracts are shifting the crypto sector’s balance of power ” One of the familiar themes seen in previous crypto market cycles is the shifting market caps, popularity and ranking of the top 10 projects that see significant gains during bull phases, only to fade into obscurity during the bear…
“# Solana chart ‘bull flag’ eyes $250 despite SOL price down 40% since last week ” Solana (SOL) price extended its slide on Sept. 17 as a major network outage over the past week — pointing to heightened security risks — hit traders’ confidence. The SOL/USD exchange rate fell up to 13.27% to its intraday…
“# Here’s how traders knew LUNA and RAY were on the verge of a bullish breakout ” Online information flows have a tremendous influence on the prices of crypto assets. Just this week, investors witnessed how even fake news can sometimes make the market value of a token explode, even if for just an hour….
“# Shiba Inu (SHIB) jumps 40% on Elon Musk’s cryptic endorsement, Coinbase listing ” Shiba Inu (SHIB) crept up Friday as traders assessed its addition on Coinbase, one of the world’s leading crypto exchanges. The SHIB/USDT exchange rate jumped up to 16.42% to $0.00000950 for the first time since June 29, 2021. The latest move…
“# Avalanche (AVAX) just hit a new ATH, but what’s really behind the price surge? ” On Sept.16 Avalanche (AVAX) price hit a new all-time high at $68.89 and over the last few months the project has risen to challenge the Ethereum (ETH) network’s dominance among smart contract platforms. According to the project’s website, the…
“# Ethereum options data suggests the battle for $4K ETH is at least a week away ” For the past 40 days, Ether (ETH) traded in a modest uptrend, respecting a narrow channel most of the time. The absolute leader of the smart contracts sector enjoyed a brief rally toward $4,000 in the first week…