Looking at the formation in the daily chart, Bitcoin bulls are struggling for momentum. Despite the expansion on August 8, reversing losses of August 5, buyers didn’t follow through, meaning traders are waiting for more confirmation before diving in. The…
Amid Bitcoin’s continuous consolidation below the $61,000 price mark over the past weeks, renowned trading guru Peter Brandt, with decades of experience in the financial markets, has recently shared an update on his outlook for Bitcoin and Ethereum. His analysis…
Bitcoin (BTC) is currently trading below the crucial $60,000 level, with the market gripped by severe uncertainty and volatility. Investors are closely watching for signs of a potential breakout as BTC hovers near this critical threshold. Despite the unease, key…
Toncoin (TON), the cryptocurrency associated with the popular messaging app Telegram, is making headlines as its Masterchain achieves a record-breaking 946 active addresses per day. This achievement has driven a nearly 9% increase in Toncoin’s value, standing out in contrast…
Tether, the issuer of the USDT stablecoin, announced its collaboration with Phoenix Group and Green Acorn Investments to develop a new stablecoin pegged to the United Arab Emirates Dirham (AED). The initiative is set to “lead the way” in seeking…
On-chain data shows the Bitcoin Market Value to Realized Value (MVRV) Ratio has recently been nearing in on a death cross formation. Bitcoin 30-Day MA MVRV Ratio May Be About To Cross Under 365-Day MA As explained by an analyst…
A crypto analyst has emphasized the need to stay invested in Bitcoin (BTC), forecasting a significant breakout to the upside. Despite BTC’s previous price crash and market volatility, the analyst has remained bullish on the cryptocurrency’s future outlook. Bitcoin Bullish…
With the broader crypto market down by 3% in the past 24 hours, Celestia has been washed away by the bearish tide. According to CoinGecko, TIA, Celestia’s native toke, is down over 18% since last week, putting more pressure on…
The notorious Mt. Gox exchange has made its first major Bitcoin transaction in weeks, shifting over $700 million worth of BTC to unknown wallets. According to data tracked by Arkham Intelligence, Mt. Gox moved 12,000 BTC worth $709 million to…
As the cryptocurrency market turns optimistic, a crypto analyst has predicted that Shiba Inu (SHIB) is about to undergo a bullish breakout. However, he emphasizes that in order to validate the meme coin’s upward trajectory, it must first overcome a…