Crypto news

Ethereum has been facing significant resistance at the $2.8K level, which marks the lower boundary of a multi-month wedge pattern. The price action suggests that it might be completing a pullback, potentially driving the price down toward the $2.1K threshold. By Shayan The Daily Chart Ethereum has been grappling with the multi-month wedge’s lower boundary at $2.8K for several weeks, suggesting a possible pullback completion. After retracing toward this key resistance level,...

Bitcoin’s price has been holding strong around the $60K level following the significant crash a few weeks ago. Investors are now optimistic that the market will soon rally to new all-time highs. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, the price has been consolidating during the last couple of weeks after recovering from the $50K mark. Yet, the 200-day moving average, located around $63K, is yet to be broken to the upside. A bullish breakout...

It’s been an exciting seven days in the cryptocurrency market, which gained over $100 billion throughout the period. In what seems like a breath of fresh air, we are finally seeing some meaningful signs of recovery following weeks of turmoil and depressing price action. The total capitalization is currently hovering slightly below $2.3 trillion, and it comes on the back of predominantly positive performance on behalf of the majority of cryptocurrencies. Bitcoin’s price, for...

Federal Reserve chairman Jerome Powell promised to start cutting interest rates during his speech at the annual 2024 Jackson Hole Economic Symposium on Friday. This will mark the central bank’s first rate cut since 2020, and is already proving bullish for Bitcoin’s price. The Fed Pivot Is Confirmed “The time has come for policy to adjust,” Powell told the crowd. “The direction of travel is clear, and the timing and pace of rate cuts will depend on incoming data, the evolving...

After the 60% run from August 12th, AAVE holders have booked their profit at around $135. Avalanche (AVAX) investors are also selling some of their holdings in the bounce as another coin; DTX is available at a good valuation from fundamental and technical perspectives.  DTX Exchange (DTX) is the first hybrid exchange aiming to revolutionize the exchange industry with blockchain technology and innovative thinking. AAVE Burst Out With High Volume  AAVE’s breakout from the descending...

Polymarket Polymarket ist eine Plattform, auf der Nutzer Vorhersagen über zukünftige Ereignisse treffen und handeln können. Diese Ereignisse können aus verschiedenen Bereichen stammen, wie Politik, Wirtschaft, Sport oder Unterhaltung. Nutzer können auf bestimmte Ergebnisse wetten und gewinnen, wenn ihre Vorhersage eintrifft. Interessant...

Bitcoin-Preis bald auf 62'000? Seit wenigen Stunden tut sich wieder etwas in Sachen Bitcoin-Preis: Und es geht wieder einmal aufwärts. Steigt der Bitcoin-Preis auf den grossen Bitcoin-Börsen der Welt bald wieder über 62’000 US-Dollar? Herbstliches Bitcoin-Hoch: Warum der Preis im Herbst oft steigt Der Herbst hat sich in der...

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