Markets

Bitcoin’s price is currently testing a key area, and its reaction could determine the mid-term price action of the market. Therefore, it would be beneficial to analyze the possible scenarios thoroughly. Technical Analysis By Edris The Daily Chart On the daily timeframe, the price has been testing the 50-day moving average, located around the $26,500 level, over the last few days. In the event of a bullish breakout, Bitcoin is likely to move towards the $27,500 resistance...

CZ confirmed that Binance did encourage CommEX to have a similar design and technical features to Binance. Changpeng Zhao (CZ) has denied claims that he may be the owner of CommEX, a company whose identity continues to raise suspicion. CZ issued the disclaimer on Thursday in line with the growing speculations around the ownership of the mysterious company. Recall that earlier this week, CZ announced that Binance was leaving Russia. In the announcement, he stated that the decision has to do...

EOS price started a downside correction from the $0.588 zone against the US Dollar. The price is now trading below $0.575 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.580 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $0.575 and $0.588 resistance levels. EOS price is declining below $0.575 against the US Dollar, like...

Litecoin started a downside correction from the $68.40 zone against the US Dollar. LTC price is now trading below $65 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $65.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $61.75 support. Litecoin price is correcting gains from $68.40 against the US Dollar, like Bitcoin. LTC...

According to the blockchain data platform Glassnode, the total number of Bitcoin addresses owning 1,000 BTC or more has plunged to its 2019 levels. The entity revealed that currently, there are just 1,997 addresses holding over $26.4 million worth of the primary cryptocurrency (calculated at current prices). 📉 #Bitcoin $BTC Number of Addresses Holding 1k+ Coins just reached a 4-year low of 1,997 View metric:https://t.co/cjV0krRVgK pic.twitter.com/rTK0gzZ90E — glassnode...

While the Bitcoin market remained relatively stable in the latter part of Q3 as discussions about spot ETFs subsided, the hash rate exhibited consistent growth throughout the quarter. It recently reached a fresh milestone, surging from 250 EH/s at the start of 2023 to more than 400 EH/s this month. Bitcoin mining difficulty is also showing no signs of stopping as it set a new all-time high of 57.11 T. While hash price conditions remain challenging, the new Coin Metrics report...

The popular cryptocurrency analyst, going by the X (Twitter) handle EGRAG CRYPTO, presented an XRP chart, according to which the asset could spike to a 5-year high of $2. In the lines below, we will outline the details of the analysis and summarize other predictions from different experts. ‘Brace Yourself for the $2 Range’ EGRAG CRYPTO’s chart depicts five “strategic and profound takeaways” that could help individuals better understand the XRP journey so far. They spoke about...

Crypto markets remain down around 65%, or $2 trillion in total market capitalization, from their peak in November 2021. The industry has been battered by a barrage of attacks from regulators and politicians, especially in the United States. Moreover, the wave of hacks and exploits has continued unrelenting. Nevertheless, there is a silver lining, and that is growth and adoption across the sector. On Sept. 26, DeFi researcher Thor Hartvigsen shared four charts showing that the...

[Press Release – London, United Kingdom, September 27th, 2023] In the ever-evolving world of cryptocurrency and online gambling, CryptoCasinos.Casino emerges as a game-changer, providing a comprehensive platform for crypto casino enthusiasts to make informed decisions. The team is thrilled to announce the launch of CryptoCasinos.Casino, a website dedicated to reviewing and comparing the best crypto casinos in the market. Cryptocurrency has disrupted traditional finance, and...

The global crypto exchange has been facing intense regulatory scrutiny. Most of its regulatory issues are in Europe Binance has urged customers in France to convert their fiat currency on the exchange to crypto. This comes on the heels of the crypto exchange losing its euro banking partner Paysafe. As part of the partnership, Paysafe provided Binance France with infrastructure for euro deposits and withdrawals via SEPA bank transfers. The companies announced the drawing end of their...