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“# Small-cap altcoins push higher as Bitcoin bulls fight to hold $40,000 ” Bitcoin’s (BTC) recent surge above $40,000 injected a healthy dose of bullish optimism into the crypto market and further proof of this comes from the Crypto Fear and Greed index which has decreased from ‘extreme’ to ‘neutral’. Data from Cointelegraph Markets Pro…
“# Ethereum pares gains, Bitcoin pushed under $40K as Fed set to reveal tapering plans ” Ether (ETH) and Bitcoin (BTC) pulled back on July 28 as investors awaited fresh guidance from the Federal Reserve. ETH price slipped by 0.57% to $2,857, while the BTC/USD prices were up 0.68%, changing hands at $39,739 at around…
“# Bitcoin fails to flip $40K with traders eyeing $36K or lower for support ” Bitcoin (BTC) saw tough resistance after nearing $41,000 on July 28 amid calls for consolidation of recent gains. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $40,000 yet to stick as new support Data from Cointelegraph Markets Pro and TradingView showed…
“# XRP price skyrockets by 17% as double bottom chart pattern takes shape ” XRP price swung higher on July 28 as its parent company, Ripple, entered an agreement with SBI Remit to back a remittance corridor from Japan to the Philippines. Positive news boosts XRP price The Ripple blockchain’s native cryptocurrency, also ranked as…
“# Bitcoin price is returning to $40K — But will shorts have their revenge? ” Bitcoin (BTC) returned to $40,000 on July 28 as bulls and bears waged a tug-of-war for hard-won higher ground. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “A lot can happen” from current BTC price levels Data from Cointelegraph Markets Pro…
“# Traders anticipate ‘DeFi Summer 2.0’ after TVL and token prices rise ” Decentralized finance (DeFi) was one of the main factors that pushed the crypto market higher throughout 2021 and to date, platforms like Uniswap (UNI), SushiSwap (SUSHI) and Aave (AAVE) form the bedrock of the sector. Similar to altcoins, DeFi tokens took a…
“# Here’s why DinoSwap’s (DINO) TVL rose above $330M a week after launch ” Decentralized finance (DeFi) remains one of the fastest-growing subsectors of the cryptocurrency ecosystem and newly launched platforms looking to grow their userbase and attract liquidity typically offer high-interest staking pools for the first few weeks after launching. One new project that has…
“# October 2020 Déjà vu? Bitcoin pullback at $38K has traders at odds over next move ” The wider cryptocurrency market entered a period of consolidation on July 27 following Bitcoin’s (BTC) brief spike above $40,000 the day before that helped ignite a rally across the market and brought a renewed sense of optimism to…
“# GBTC premium matches Bitcoin price crash levels as unlocking fear fades ” The Grayscale Bitcoin Trust (GBTC) is echoing bullish sentiment in Bitcoin (BTC) as its premium over spot price rises to its highest since May. Data from analytics resource Bybt shows that on Tuesday, the so-called Grayscale premium stood at -5.88%. The last…
“# Bitcoin price seeks higher low as trader forecasts $45K breakout within weeks ” Bitcoin (BTC) traded steady on July 27 after a surge above $40,000 resulted in higher levels broadly holding. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView All eyes on Bitcoin higher lows Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering near…