Cryptocurrency News
Two years have passed since El Salvador became the first nation in the world to recognize Bitcoin as legal tender. It’s unclear how the decision will ultimately affect the nation, which was received with both excitement and cynicism. The adoption of Bitcoin has been a rocky road thus far. Bitcoin’s […]
The new digital asset class known as cryptocurrency has the potential to significantly alter several industries all over the world. While its effects are already being felt in rich countries, the adoption of cryptocurrencies in developing nations has the potential to result in a number of important advantages. Cryptocurrencies have […]
After witnessing some recovery in the past week, Bitcoin topped out at resistance and initiated a heavy drop below the previous low. It lost 6% in the dip and has shown no sign of stopping at the moment. More bloodbath lies ahead. Following a bounce from the 4-hour channel’s lower […]
The FUD surrounding Bitcoin lately is very much intact, but its recent sideways trend appeared to have kept traders in suspense of the next major movement. However, the price has increased by 2.5% earlier in 24 hours. After initiating a drop from $29,800, Bitcoin declined steadily for a week and […]
Bitcoin went through a correction in April and later managed to recover but the $30k level has become a critical resistance to reclaim. It fell around that resistance yesterday and remained indecisive at press time. The primary cryptocurrency has changed levels, adding roughly $2k to its price since the start […]
In the middle of the storm, Bitcoin dropped below $28k in the past hour, looking for support to hold pressure. It may suffer more losses in the hands of the bears. But if solid support is located, a major recovery will start in no time. Bitcoin retested the $30k level […]
After losing several levels in the past week, Bitcoin found temporal support and traded calmy around the $27k level since the start of the week. More reds could be painted. Just after BTC failed to recover above the $28k level yesterday, the price retraced and started to form another swing […]
Bitcoin and Ethereum have been two of the most prominent and valuable cryptocurrencies in the market since their inception. In recent months (since 2023), their prices have experienced significant increases, with periods of high growth. Despite this volatility, both cryptocurrencies have continued to attract investors and enthusiasts, with many speculating […]
Bitcoin finally resumed bullish after moving sideways over the past weeks. It saw a 7% surge overnight and reached a new milestone after ten months of trading. The price is still surging at the moment. After accumulating around the $28k zone for weeks, Bitcoin started surging yesterday and broke through […]
Bitcoin and Litecoin are some of the top popular cryptocurrencies in the world, and their prices are influenced by a variety of factors, including supply and demand. One significant event that can affect the price of these digital assets is the halving event, which occurs roughly every four years. In […]
The cryptocurrency and blockchain space has grown and thrived despite the opposition from particularly the U.S. government and regulatory agencies like the Securities and Exchange Commission (SEC). Cryptocurrencies, just like Bitcoin and Ethereum, are decentralized digital currencies that allow for peer-to-peer transactions without the need for intermediaries like banks. The […]
BTC dominance rises to 45.9% following a roughly $50 billion increase in the global market volume. It found a solid level above $27k this week and has shown signs of strength. A quick recap from last month saw Bitcoin through a massive recovery from $19.6k to a local peak of […]
After two-week of meltdowns, Bitcoin found solid support and started to show strength. The price has recovered fully over the past days as it resumes trading above $26k. Bitcoin started to recover last week following a quick bounce from $19.6k, which happened to be its lowest price in two months. […]
This month came with a retracement after weeks of positive momentum. Bitcoin later found support and bounced back with about 18% gains but failed to extend bullishly. It is now following a negative sentiment. Bitcoin has started to show signs of weakness again after losing grip above the critical $25k […]
After registering a 40% rally in the past month, Bitcoin retraced earlier this month and found support this week. It bounced back strongly and broke through the previous resistance level with a heavy surge. BTC now trades well above the $24k level after bouncing back above $22k and reclaimed several […]
After Bitcoin rallied by over 50% in the past month, it took a break and made a significant downturn. The price plunged sharply to a key support level this week. It bounced slightly and now looking for a retest. Bitcoin recently rejected $24.3k after experiencing a consistent increase throughout the […]
Bitcoin seems to have reached an exhaustion point following a series of rejections in the past few days. It has lost 4% in a week, with dominance at 41.5%. However, it still looks bullish but is currently weak. After Bitcoin formed a bullish pattern in the past months, it increased […]
After the recent crash, Bitcoin recovered slowly with a higher high and higher low pattern and paused the rally beneath $17,500 for a while. It later broke through this week following a continuous increase in its dominance. As expected, Bitcoin just made an important retest at the crucial break level […]