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“# Exchange reserves plunge to pre-$61K lows: 5 things to watch in Bitcoin this week ” Bitcoin (BTC) sees a cautious start to the week as macro markets dither and Turkey’s currency loses 15% of its value overnight. After a disappointing weekend that featured a rejection at $60,000, Bitcoin has yet to impress traders, who…
“# Top 5 cryptocurrencies to watch this week: BTC, UNI, LUNA, THETA, FIL ” Bitcoin (BTC) has been facing stiff resistance near the $60,000 level for the past few days. This suggests that market participants are cautious at these levels and a positive trigger may be needed to drive the price higher and start the…
“# SelfKey (KEY) gains 450% after DeFi pivot and data management upgrades ” Data has become one of the most valuable resources on the planet and its analysis, collection and monetization have helped companies like Google and Facebook achieve blue-chip status in the eyes of investors. With monetization comes risk and privacy protection is one…
“# Bitcoin price slides 5% after failing to break $60K — Here’s why ” The price of Bitcoin (BTC) dipped below $56,000 on March 21 after repeated rejections by the $60,000 resistance level throughout the past four days. BTC/USD 1-hour candle chart. Source: Tradingview Despite getting closer to cleanly breaching past the key technical level,…
“# PundiX (NPXS) surges 130% in two days: What’s driving the rally? ” NPXS, the native token of PundiX, a cryptocurrency point of sale (PoS) solution provider, has seen a massive surge in price over the past 48 hours. In merely two days, the price of NPXS rose by more than 130% on Binance, outperforming…
“# Price analysis 3/19: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LTC, LINK, BCH ” A report by Deutsche Bank Research said that Bitcoin (BTC) has become “too important to ignore” and may attract regulation by the end of 2021. Deutsche Bank analysts expect Bitcoin to reach a turning point in about “two or three…
“# Bullishness for Bitcoin continues despite its struggle to reclaim $60,000 ” Bitcoin (BTC) continued to face strong resistance at the $60,000 level on March 19 as bulls spent the day climbing back from an early morning drop which briefly pushed BTC into the sub-$56,500 range. Data from Cointelegraph Markets and TradingView shows that after…
“# Ethereum bulls may reemerge after March $1.15B ETH options expiry ” Over the past two months, the open interest on Ether (ETH) options increased by 50% to reach $3.1 billion, with ETH price gaining 44% in that time period. Ether’s price appreciation and the rising options open interest has resulted in a potentially historic $1.15…
“# Balancer (BAL) hits an all-time high as DeFi projects trial new solutions ” Decentralized finance (DeFi) was the driving force behind the growth in the cryptocurrency market in early 2021 but lately, the sector has taken a back seat to nonfungible tokens as famous artists and legacy auction houses have been jumping into the…
“# Key Bitcoin price metric shows pro traders increased their BTC longs ” Bitcoin (BTC) might have been ranging from $57,000 to $59,500 over the last couple of days, but the top traders at major exchanges have increased their long positions. A similar move also happened in the monthly futures contracts, as the basis rate…