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“# Bitcoin dips to $36.4K as Ukraine move sends Russian ruble to near 6-year lows vs. dollar ” Bitcoin (BTC) fell to fresh lows on Feb. 22 as the aftermath of Russia’s expected incursion into Ukraine triggered more market woes. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Gold comes to the rescue as Bitcoin wavers…
“# On-chain metrics hint at a bearish outlook for Bitcoin ” Blockchain analytics provider Glassnode has depicted a bearish scenario for Bitcoin as on-chain metrics suggest increased selling pressure is imminent. In its weekly analytics report on Feb. 21, on-chain metrics firm Glassnode said that Bitcoin bulls “face a number of headwinds,” referring to increasingly…
“# Komodo (KMD) rallies 54% after major push to expand interoperability with AtomicDEX ” Interoperability between separate blockchain networks has become a major theme in the cryptocurrency market over the past year, but several major exploits — such as the $321 million Wormhole exploit — have highlighted the difficulties in achieving cross-chain transfers in a secure…
“# pSTAKE Finance brings liquid staking and a new airdrop to the Cosmos ecosystem ” One of the most significant transitions to occur for the cryptocurrency ecosystem since the launch of Bitcoin (BTC) has been the increasing dominance of proof-of-stake (PoS) protocols over the proof-of-work (PoW) model, primarily due to energy requirements of the PoW…
“# Price analysis 2/21: BTC, ETH, BNB, XRP, ADA, SOL, AVAX, LUNA, DOGE, DOT ” Bitcoin (BTC) dipped below $38,000 on Feb. 21 but the bulls are attempting to arrest the decline and start a recovery. The sustained weakness in 2022 seems to have toned down expectations of a strong rally. Huobi crypto exchange co-founder…
“# Solana’s weekend bounce risks turning into a bull trap — Can SOL price fall to $60 next? ” A rebound move witnessed in the Solana (SOL) market this weekend exhausted midway as its price dropped below the $90 level from a high of $96 on Feb. 21. In doing so, SOL price technicals are…
“# ‘Coin days destroyed’ spike hinting at BTC price bottom? 5 things to watch in Bitcoin this week ” Bitcoin (BTC) heads into the last week of February lower but showing signs of strength as a key support level holds. After a nervous few days on macro and crypto markets alike, BTC/USD is below $40,000,…
“# Top 5 cryptocurrencies to watch this week: BTC, LEO, MANA, KLAY, XTZ ” Russia’s massive build-up of soldiers, warplanes, equipment and extended military drills near Ukraine’s borders increased fears of a possible invasion within the next few days. That could have renewed selling in Bitcoin (BTC), which plummeted below the strong support at $39,600….
“# Can Bitcoin break out vs. tech stocks again? Nasdaq decoupling paints $100K target ” A potential decoupling scenario between Bitcoin (BTC) and the Nasdaq Composite can push BTC price to reach $100,000 within 24 months, according to Tuur Demeester, founder of Adamant Capital. Bitcoin outperforms tech stocks Demeester depicted Bitcoin’s growing market valuation against…
“# Bitcoin price dips below $38K as crypto sentiment nears ‘extreme fear’ ” Bitcoin (BTC) saw its first dive below $38,000 in over two weeks on Feb. 20 as macro triggers rattled low-volume weekend markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader on BTC: “Nothing to get excited about” Data from Cointelegraph Markets Pro…