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Tag: #Tech Analysis

# Record outflows from Canada’s biggest Bitcoin fund see BTC reserves drop by 50%
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# Record outflows from Canada’s biggest Bitcoin fund see BTC reserves drop by 50%

Admin5 years ago08 mins

“# Record outflows from Canada’s biggest Bitcoin fund see BTC reserves drop by 50% ” A Canada-based Bitcoin fund, operated by 3iQ Corp, has witnessed a dramatic decline in its BTC reserves since June. Literally named the Bitcoin Fund (QBTC:CN), the closed-end investment product, was holding around 24,000 BTC in its vaults in early June….

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# Ethereum bounces but ETH price in danger of turning .3K into new resistance
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# Ethereum bounces but ETH price in danger of turning $2.3K into new resistance

Admin5 years ago08 mins

“# Ethereum bounces but ETH price in danger of turning $2.3K into new resistance ” Ethereum’s native token Ether (ETH) reclaimed $2,000 in the early New York trading hours Wednesday as crypto traders assessed the Federal Reserve Chairman Jerome Powell’s prepared congressional testimony. The ETH/USD exchange rate surged 7.19% to reach its intraday high of…

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# Bitcoin sell-off continues as BTC nears K ahead of Powell’s speech
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# Bitcoin sell-off continues as BTC nears $31K ahead of Powell’s speech

Admin5 years ago09 mins

“# Bitcoin sell-off continues as BTC nears $31K ahead of Powell’s speech ” Bitcoin (BTC) price continued its downtrend Wednesday, ahead of testimony from Federal Reserve Chairman Jerome Powell. Spot BTC/USD exchange rate fell to its seventeen-day low of $31,600 following a 3.46% intraday dip. Meanwhile, CME futures tied to the pair plunged 3.41% to…

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# Ethereum price dragged down below K as US inflation hits highest level since 1991
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# Ethereum price dragged down below $2K as US inflation hits highest level since 1991

Admin5 years ago09 mins

“# Ethereum price dragged down below $2K as US inflation hits highest level since 1991 ” Ether (ETH) perhaps had the most bullish outlook entering the July session, with a key technical update dubbed EIP-1559, promising to make its native token ETH scarcer through the network’s first-ever burning mechanism. But so far into the month,…

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# Bitcoin rebounds from K-support as US dollar inflation comes back into focus
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# Bitcoin rebounds from $33K-support as US dollar inflation comes back into focus

Admin5 years ago08 mins

“# Bitcoin rebounds from $33K-support as US dollar inflation comes back into focus ” Bitcoin (BTC) prices steadied on Tuesday after closing the previous session at a 3.41% loss, supported by a weakening dollar sentiment ahead of a key United States’ inflation report due later today. Spot BTC/USD exchange rate rose by a modest 1.31%…

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# Synthetix hits one-month high as SNX rallies 25% ahead of layer 2 exchange launch
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# Synthetix hits one-month high as SNX rallies 25% ahead of layer 2 exchange launch

Admin5 years ago08 mins

“# Synthetix hits one-month high as SNX rallies 25% ahead of layer 2 exchange launch ” Synthetix (SNX) prices reached a one-month high on Monday as traders looked for alternative upside bets against a mixed cryptocurrency market. Bids for SNX/USD achieved an intraday high of $13.76 during the Asia-Pacific trading session, following an approximately 25%…

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# Strong Bitcoin accumulation spotted as BTC price refuses to fall below K
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# Strong Bitcoin accumulation spotted as BTC price refuses to fall below $30K

Admin5 years ago07 mins

“# Strong Bitcoin accumulation spotted as BTC price refuses to fall below $30K ” Bitcoin (BTC)  price remained relatively flat over the weekend, inching closer to $34,000 on July 11. Nevertheless, BTC/USD has tumbled by almost 50% from its all-time high, near $65,000 in mid-April. But the massive downside move has not deterred investors from…

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# Bitcoin price is 3-4 weeks away from new K-K range, market analyst warns
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# Bitcoin price is 3-4 weeks away from new $24K-$29K range, market analyst warns

Admin5 years ago06 mins

“# Bitcoin price is 3-4 weeks away from new $24K-$29K range, market analyst warns ” Popular cryptocurrency trader Keith Wareing warned Bitcoin (BTC) traders about a critical bearish scenario brewing in the market. The trader spotted Bitcoin inside an inverse cup and handle pattern earlier this month, a bearish structure that forms during a price wave…

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# FLOW faces 20% crash risk after intraday pump-and-dump
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# FLOW faces 20% crash risk after intraday pump-and-dump

Admin5 years ago07 mins

“# FLOW faces 20% crash risk after intraday pump-and-dump ” FLOW prices slipped on Thursday as traders unwind their bullish bets from the lately bullish digital assets. The FLOW/USDT exchange rate lost up to 15.22% New York morning, a sharp reversal from Wednesday when the pair closed at a one-month high of $16.99 following a…

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# Bitcoin price at risk of K retest following bearish triangle breakdown
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# Bitcoin price at risk of $30K retest following bearish triangle breakdown

Admin5 years ago08 mins

“# Bitcoin price at risk of $30K retest following bearish triangle breakdown ” Bitcoin’s (BTC) price looks poised to retest $30,000 as traders continued to pull back from upside bets on a spell of a bearish technical pattern. Dubbed as a Symmetrical Triangle, the structure forms when an asset fluctuates between two converging trendlines. In…

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