Ethereum (ETH) has experienced notable price movements recently, currently trading at $ 3,037. The intraday range has fluctuated between $ 2,803 and $ 3,096, with a market capitalization standing at $ 364 billion. Ethereum The 1-hour ETH/USD chart reveals a recent uptrend beginning at $ 2,803, marked by a significant …
Bitcoin Technical Analysis: First Drawdown of Over 25% in 14 Months
Bitcoin Market in Flux: Glassnode Analysis Highlights Key Insights
Despite Bitcoin’s sideways price action, market profitability remains strong, according to a recent report by onchain analysis firm Glassnode. The report highlights significant trends in investor behavior and market conditions that may signal future volatility. Amid Market Fear, Bitcoin Investors Hold Substantial Gains As Bitcoin trades in the $ 60,000 range, Glassnode noted a …
Bitcoin Technical Analysis: BTC Slips Below $60K Closing CME Gap
Orbital Analysis: Emerging Markets Overwhelmingly Embrace USDT Payments on TRON
Orbital, a provider of blockchain-based payments, has published a blog post highlighting the importance of USDT payments on TRON in emerging markets. The company processes millions of on-chain transactions each year, valued in the billions of dollars. The post explains that while developed markets have little motivation to adopt crypto payments, the situation is different […]
Meme Coin Price Analysis for July: Pepe, Brett, PlayDoge
Bitcoin Technical Analysis: BTC Bulls Test Upper Resistance
Bitcoin’s price on July 1, 2024, stands at $ 62,769, with a 24-hour intraday price range of $ 61,261 to $ 63,694. The cryptocurrency’s market capitalization is $ 1.23 trillion, and the 24-hour trade volume is $ 21.98 billion. Bitcoin Bitcoin’s hourly chart presents a strong upward trend starting from …
Ethereum Technical Analysis: ETH Faces Mixed Signals Amid Short-Term Downtrend
Bitcoin Technical Analysis: BTC Faces Downward Pressure Amid Market Uncertainty
Bitcoin’s price on June 14, 2024, stands at $ 67,046, with intraday prices ranging from $ 66,425 to $ 68,506. The leading crypto asset’s market capitalization is $ 1.31 trillion, and the 24-hour trading volume is $ 23.92 billion. Technical analysis across multiple time frames indicates a prevailing downtrend, highlighting …
Bitwise Analysis: AI and Crypto Fusion Poised to Elevate Global Economy by $20 Trillion
Bitwise’s Senior Crypto Research Analyst, Juan Leon, predicts a transformative impact on the global economy as artificial intelligence (AI) and cryptocurrency converge, potentially adding $ 20 trillion to the global Gross Domestic Product (GDP) by 2030. AI and Crypto — The Trillion-Dollar Synergy Leon’s bold forecast was emphasized at the recent Consensus conference in …
Ethereum Technical Analysis: ETH Faces Tight Trading Range Under Resistance
Ethereum (ETH) continues to showcase its volatility and potential for strategic trading. As of June 10, 2024, ethereum’s price stands at $ 3,677, reflecting a daily range of $ 3,654 to $ 3,714. Ethereum Ethereum’s 1-hour chart reveals short-term volatility, with ether’s price testing lower levels around $ 3,642 and struggling …
Bitcoin Technical Analysis: BTC Holds Steady Amidst Consolidation Phase
Bitcoin’s price stands at $ 69,352, within a 24-hour intraday range of $ 69,213 to $ 69,840. The leading crypto asset’s market capitalization is $ 1.36 trillion, with a 24-hour trade volume of $ 14.83 billion. Bitcoin The hourly chart for bitcoin (BTC) indicates a phase of consolidation with minor …
Hedge Funds Adopt Net Short Positions on BTC and ETH Futures, Kaiko Analysis Reveals
In a recent analysis by Kaiko, it has been found that hedge funds are currently holding net short positions on bitcoin (BTC) and ether (ETH) futures. This strategic move reflects a cautious stance amid fluctuating market dynamics and speculative trading activities. Study Shows Hedge Funds’ Net Short Positions in Bitcoin and Ether Futures Amid Market […]