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“# London is live and Ethereum bulls control Friday’s $357M ETH options expiry ” Ether (ETH) price rallied 50% leading in the London hardfork because many investors expect the upgrade to solve the issue of high transaction fees and make the altcoin a deflationary asset. Pantera Capital CEO Dan Morehead has predicted that the upcoming…
“# Fresh Bitcoin ETF hopes back BTC’s swift rally above $40,000 ” Crypto investors are seeing gains in Ether (ETH) and Bitcoin (BTC) today after the successful launch of Ethereum’s London hard fork and a series of new Bitcoin ETF filings resulted in a rally that propelled BTC price 9% higher and Ether gained 11.75% which brings…
“# Ethereum approaches $3K resistance as Bitcoin price rebounds toward $40K ” Ethereum’s Ether token (ETH) enjoyed a “massive” rebound towards $3,000 on Aug. 5 as optimism flowed in after its London hard fork went live. ETH/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView showed ETH/USD climbing swiftly to local…
“# Robinhood stock outruns Bitcoin in intraday crash, down over 10% in pre-market ” The cost to purchase one Robinhood share (HOOD) dropped massively in the pre-market session on Thursday, beating even so-called volatile cryptocurrencies like Bitcoin in terms of intraday losses. In detail, HOOD was down 10.2% to $63.25 as of 8:00 am EDT…
“# Aave price hits two-month high on Wall Street’s DeFi adoption hopes ” Demand for Aave (AAVE) boomed dramatically in the previous 24 hours as traders assessed its involvement in Bitwise Investment’s upcoming institutionally-focused investment vehicle. The San Francisco-based asset management firm announced Wednesday that it would invest directly in AAVE to back its “Bitwise…
“# Ethereum eyes 3-week winning streak vs. Bitcoin as BTC price drifts below $39K ” Bitcoin (BTC) headed lower on Thursday after an attempt to reclaim $40,000 failed to garner buyer support. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Accumulation recalls October 2020 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping to local lows…
“# This key Bitcoin price indicator shows pro traders buying each dip ” Bitcoin (BTC) might have failed to sustain the $42,000 support, and for many, this is a slightly bearish sign. Interestingly, the downward move occurred shortly after Saudi Aramco, KSA’s largest oil exporter, denied claiming to start mining Bitcoin. Top traders at exchanges…
“# VGX, PERP and LUNA rally while Bitcoin price struggles to hold $38K ” Last week’s momentum in Bitcoin has all but faded as (BTC) price is once again below the $39,000 level with bears and bulls locked in a heated battle for market dominance. Data from Cointelegraph Markets Pro and TradingView shows that while Bitcoin price falters,…
“# 3 reasons why Bitcoin can suddenly explode to a new $50K-$65K range ” A combination of multiple indicators tracking Bitcoin (BTC) blockchain would continue the benchmark cryptocurrency’s price rally further into 2021, popular on-chain analyst Willy Woo anticipates. In his recent newsletter, the market researcher wrote that he expects Bitcoin prices to reach the…
“# More like ‘shock-to-flow’ — BTC price hits bull trigger as mystery buyers scoops up supply ” Bitcoin (BTC) is due for a fresh price surge if one classic price model repeats historical behavior — and buyers are still supporting it. In a tweet on Aug. 3, analyst William Clemente noted that BTC/USD has reached…