Markets

Nachdem zu Beginn der Woche die Nutzeraktivität sank, folgte auch der Kurs. Bei 20K fand der BTC seinen Support. Nun gibt es widersprüchliche Signale, die es schwer machen vorherzusagen, ob der Markt eine Trendwende erleben oder doch weiter in einer Bärenphase bleiben wird. Bitcoin News: Bitcoin Hashrate steigt, doch Nutzeraktivität bleibt niedrigDie Nutzeraktivität bleibt niedrig und erholte sich im bisherigen Wochenverlauf nicht, was ein klarer Indikator für einen Bärenmarkt ist....

Sygnum granted capital markets services (CMS) licence for asset management in Singapore Sygnum kündigt die Eröffnung des ersten Metaverse-Hubs einer Schweizer Bank im virtuellen Äquivalent des New Yorker Times Square an. Der Decentraland-Hub ist Sygnum’s Web3-Portal zur aufstrebenden USD 5 Billionen Metaverse-Wirtschaft und verfügt über einen CryptoPunk-Rezeptionisten, eine interaktive NFT-Galerie und einen Veranstaltungsraum. Sygnum eröffnet den...

Mature and established investors know what defines a bull and a bear market. For those less experienced in the market terminology or jargon, it would be helpful to have a basic understanding of what bull and bear mean in trading terms. The financial market comprises stocks, bonds, and commodities influenced by consumer confidence. Essentially, a bull market occurs when securities are on the rise whilst a bear market occurs when securities fall for a sustained period. In...

EOS price started a fresh decline from the $1.95 resistance against the US Dollar. The price is now trading below $1.55 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.40 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $1.30 and $1.26 support levels. EOS price is declining below $1.55 against the US Dollar, similar to bitcoin....

Litecoin started a fresh decline from well above the $60 zone against the US Dollar. LTC price is now trading below $60 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $55 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could recover, but upsides might be limited above the $58 and $60 levels. Litecoin price is struggling below $58 against the US Dollar, similar to bitcoin. LTC price...

Bitcoin’s hash rate is recovering fast – and it has the mining difficulty to prove it. The network’s latest difficulty adjustment rose the mathematical bar for mining a block by 9.26% – the largest increase since January. That’s the third adjustment in a row during which network difficulty has risen, despite a bear market that inflicted serious pain on the mining industry.  Bitcoin Remains Secure According to data from BTC.com, Bitcoin’s difficulty recovered to 30.98 trillion...

Ripple has increased by 4% as the crypto market began to recover over the last two days. One explanation for this can be found in the DXY index reaching a stiff resistance. However, the sentiment across risk-on markets continues to be bearish. Technical Analysis By Grizzly The Weekly Chart The trend structure became bearish after the formation of a lower high and lower low on the daily chart. After failing to push the price above the horizontal resistance at $0.39 (in red),...

The Bitcoin bear market appears to be far from over as the price has dropped to the bulls’ last line of defense before another massive leg down. The short-term and even mid-term price action of Bitcoin could be determined in the next few days. Technical Analysis By: Edris The Daily Chart Looking at the daily chart, the recent downtrend was initiated after the price was rejected from the $24K static resistance level. Moreover, it was rejected from the 100-day moving average at...

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Could the worst of the crypto bear market be over? According to former White House communications director and crypto bull Anthony Scaramucci, the price of bitcoin has officially bottomed out. Investors will not see things get worse from here, and he thinks BTC is fairly valued at around $40K. Scaramucci Thinks the Worst Is Over In a recent interview, Scaramucci stated: We believe that the leverage has been blown out of the system. I don’t think it’s going below the low...