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“# Price analysis 8/30: BTC, ETH, ADA, BNB, XRP, DOGE, SOL, DOT, UNI, LUNA ” There is an old proverb which says that history does not always repeat, but it tends to rhyme. If that holds true for Bitcoin (BTC), then a strong up-move may not happen in the month of September. Bybit data shows…
“# CELO, Fantom and Keep3rV1 rally after liquidity mining programs launch ” The cryptocurrency market once again finds itself waiting for some form of catalyst to get the prices moving and this week commenced with the market moving sideways as Bitcoin struggles to find its footing near $48,000. Several altcoins have managed to break free…
“# Betting on a Bitcoin bull run? Not in September, BTC price data says ” Bitcoin (BTC) may score a new all-time high in 2021, but the odds are that it won’t happen next month. Historical price data confirms that September tends to see BTC price losses — and its best-ever returns are still single figures….
“# Bitcoin whales join ‘small fish’ in buying BTC as price holds above $47K ” Rich crypto investors are turning their attention back to Bitcoin (BTC) as its price continues to eye a breakout move above $50,000. Crypto-focused newsletter Ecoinometrics reported positive changes in Bitcoin holdings for addresses controlling 1,000-10,000 BTC. So, based on their…
“# Is the time right for $50K BTC? 5 things to watch in Bitcoin this week ” Bitcoin (BTC) is keeping everyone guessing this week as another Monday starts below $50,000. After rangebound movements over the weekend, bulls are still waiting for a decisive attack on the $50,000 mark — could it happen now? Despite…
“# SOL burn? Solana price hits $100 for the first time after mysterious ‘Ignition’ event revealed ” Solana (SOL) prices rose on Aug. 30 as traders speculated on what appeared to be a key but mysterious feature launch later this week. The SOL/USD exchange rate climbed to a new record high of $103.06 following a…
“# XinFin (XDC) hits a new ATH after fresh partnerships and exchange listings ” Enterprise adoption of blockchain technology is an important long-term goal of the cryptocurrency community because the integration of digital currencies with daily business activities will bring new users into the ecosystem and provide a boost to on-chain activity. One protocol that…
“# Top 5 cryptocurrencies to watch this week: BTC, ADA, LUNA, VET, XTZ ” On Aug. 27, U.S. Federal Reserve Chair Jerome Powell said that the central bank will start tapering its $120 billion monthly bond purchases by the end of the year, but the interest rate hikes would have to wait until the job…
“# Bitcoin weekly outlook: Why a $50K-retest is likely ahead of Friday’s US jobs data ” The heavy selling in the U.S. dollar market at the end of last week assisted Bitcoin (BTC) to climb above $49,000. However, BTC struggled to extend its climb above $50,000, a psychological resistance level, as investors remained cautious about…
“# Bitcoin’s key momentum metric just flashed bearish with BTC price pinned under $50K ” The run-up in the Bitcoin (BTC) price toward $50,000 last week risks exhaustion due to a mismatch between the cryptocurrency’s price and momentum trends. So it appears the Bitcoin’s price and relative strength index (RSI) have been moving in the…