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“# Altcoins spike to new highs while Bitcoin bulls aim to recapture $57K ” Bitcoin (BTC) price continues to recover from its sub-$55,000 correction and at the time of writing, traders are attempting to recapture the $57,000 level as a support. Data from Cointelegraph Markets and TradingView shows that a wave of early morning selling…
“# Polkadot integration sparks rallies in REN, OCEAN and CELR price ” Polkadot (DOT) has emerged as one of the top-choice blockchain networks over the past year thanks to its focus on facilitating interoperability between separate networks, especially Ethereum (ETH). As a result of Polkadot’s rise to prominence, projects that have embraced the concept of…
“# Ethereum bulls enticed by $1,750 support and lack of ETH liquidations ” As Bitcoin price dropped below $55,000 on March 15, Ether (ETH) pulled back to confirm the $1,750 level as support. This signals optimism from professional traders despite the 12% drop that occurred after Ether price peaked at $1,950 on March 13. While…
“# Bitcoin whale clusters pinpoint 3 levels in the short term to keep the bull trend intact ” The price of Bitcoin (BTC) is consolidating between $55,000 and $56,000 following the rejection at $61,000. Whale clusters suggest that one key level has to be defended to prevent a drop to the mid-$40,000 region. According to…
“# Bulls favored ahead of record $6.1B Bitcoin options expiry on March 26 ” Over the past two months, the open interest on Bitcoin options increased by 60% to reach $13.5 billion as the BTC price rose to a new all-time high. The result of Bitcoin’s price appreciation and the rising options open interest resulted…
“# Bullish case for Ethereum strengthens as exchange ETH outflows outpace Bitcoin ” Ether (ETH) reserves on exchanges are continuing to decline despite being at historic lows. This trend indicates a supply shortage of ETH across major trading platforms following the release of an Ethereum 2.0 deposit wallet for staking. As Cointelegraph previously reported, staking…
“# Bitcoin is now worth more than Visa and Mastercard combined ” Bitcoin (BTC) did more than hit $60,000 per coin last week — it also became worth more than the world’s three biggest banks combined. According to publicly available data, the largest cryptocurrency surpassed the three highest-valued global banking giants by market capItalization. Bitcoin…
“# ‘Inhospitable to capitalism’ US can target those ditching dollar for Bitcoin — Ray Dalio ” The United States and other countries could “impose prohibitions” on Bitcoin (BTC) as part of “shocking” tax changes, investor Ray Dalio has warned. In his latest article on LinkedIn, Dalio, a recent convert to Bitcoin as an investment opportunity,…
“# Bitcoin bulls take a breather while BTC price slips below $55,000 ” Bitcoin price sold off on March 15 as bears pushed the price back into the mid-$50,000 range a few days after (BTC) hit a new all-time high above $61,000. Data from Cointelegraph Markets and TradingView shows that Bitcoin price dropped as low as $54,600…
“# Gas tokens gain 300% as the quest for Ethereum network alternatives expands ” Network congestion and high transaction costs on the Ethereum (ETH) network have been a persistent issue for investors and developers for the past year and this has shone a spotlight on blockchain projects that offer a solution to these issues. One…