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“# Bitcoin rises above $51K as the dollar flexes muscles against the euro ” Bitcoin (BTC) regained its bullish strength after reclaiming $50,000 last week and continued to hold the psychological level as support on Dec. 27. Meanwhile, its rival for the top safe-haven spot, the U.S. dollar, also bounced off a critical price floor,…
“# Terra (LUNA) hits record $20B TVL, surpassing Binance Smart Chain ” Terra (LUNA), an open-source stablecoin network, hit an all-time high of $20.05 billion in total value locked, or TVL, across its 13 product offerings, according to industry data. On Dec. 1, Terra’s TVL was at $11.9 billion, signifying a 68% increase in less…
“# Bored Ape Yacht Club NFTs catch up to CryptoPunks, flips floor price ” The price of the cheapest Bored Ape NFT for sale is now 53.9 Ether (ETH), or $215,067, while the minimum asking price for a CryptoPunk is 52.69 ETH, which is currently worth $210,239, according to OpenSea. All month long there has…
“# Bitcoin ‘death cross’ that pushed BTC price to $28.8K reappears ” A technical sell signal is about to appear on the Bitcoin (BTC) daily chart. On Dec. 18, the BTC price will experience a death cross, a market indicator that occurs when a short-term moving average slips below a long-term moving average. In this…
“# YFI, HXRO and AR post gains even as Bitcoin price dips to $45.5K ” Bitcoin (BTC) bulls took another beating on Dec. 17 as a midday onslaught dropped the price to $45,500. The price did manage a quick bounce back to $47,000 but sweeping a new daily low could be a sign that additional…
“# Fish food? Data shows retail investors are buying Bitcoin, whales are selling ” Bitcoin (BTC) staged an impressive recovery after dropping to its three-month low of $42,333 on Dec. 4, rising to as high as $51,000 since. The BTC price retracement primarily surfaced due to increased buying activity among addresses that hold less than…
“# ECOMI, Aragon and Ramp breakout after Bitcoin price pushes above $49K ” Cryptocurrency prices and investor sentiment reversed course on Dec. 15 after Federal Reserve chairman Jerome Powell confirmed the bank’s plan to hike interest rates in 2022 and slow down the bond purchasing program that had been in play since the emergence of…
“# Analysts expect Bitcoin trend change after Fed lays out its 2022 roadmap ” The year-long calls for a $100,000 Bitcoin (BTC) price have fallen to the wayside since the asset struck a new all-time high at $69,000, but traders are not completely dismayed. At the moment, most analysts view the current price range as…
“# Look out below! Analysts eye $40K Bitcoin price after today’s dip to $45.7K ” On Monday, Bitcoin’s short-term outlook worsened after the price fell to an intra-day low at $45,672, a far cry from the weekend’s promising rally above the $50,000 level. With the year nearly complete, and all-time highs nearly 33% away, traders…
“# Bitcoin price slips below $47K as stocks, crypto prepare for this week’s FOMC meeting ” Bitcoin (BTC) bulls are once again on the defensive foot after the breakout momentum that put the price above $50,000 on the weekend evaporated and pulled the price under $47,000. Analysts say the slight pullback in equities markets and…