Markets

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Why have I been blocked? This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.

Bitcoin’s recent declines may signal a deeper downturn due to US economic concerns Recent price rally halted by weak ISM index and Fed’s dovish outlook. The cryptocurrency research group 10X Research predicts that the recent declines in the price of Bitcoin could be the start of a more serious decline, citing an upcoming economic storm and the asset’s separation from the stock market. Despite a strong start to the week marked by interest in Bitcoin ETFs from three major US pension funds and...

Crypto.com’s trading volume surpassed that boasted by Coinbase on August 1, rising to $3.6 billion compared to the latter’s $2.12 billion. Data on crypto market intelligence firm Messari reflected the same. The 23% increase boasted by Crypto.com comes from the robust institutional adoption crypto has been witnessing, with the exchange becoming a go-to for numerous institutional players. The launch of spot ETH ETFs in the US is also a massive factor in dominance displayed by Crypto.com...

The largest cryptocurrency, bitcoin, dropped to price levels below $61,000 from highs of over $65,000 within 24 hours. The asset also nearly peaked past $70,000 earlier in the week. This drop comes despite a US jobs report showing that only 144,000 jobs were added in the past month, a factor that should have caused the asset’s price to rise. News like that often pushes risk assets like stocks and crypto into the green territory. Massive tech stocks also observed losses on Friday, regardless...

Bitcoin’s price experienced a significant drop yesterday following the breakdown of the $64K support level. The price is now in a key area that could determine the crypto market’s mid-term fate. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been dropping since creating a double top pattern at the $68K resistance level. The $64K level has also been broken down to the downside, and the cryptocurrency is testing the 200-day moving average....

Crypto investors are going crazy for WienerAI, the AI-powered meme coin taking the market by storm. This token has raised over $9 million in its presale, and with just three days left before it hits exchanges, everyone’s rushing to get their hands on WienerAI (WAI) before it potentially explodes. Last Call for WienerAI as Countdown to Exchange Listings Begins Time’s running out for investors to snag WienerAI tokens before they hit the open market. With just three days left,...

Bitcoin (BTC) could be seeing less selling pressure from miners in the near term due to an increase in the profitability of this cohort of market participants and the recovery of their hashrate following the cryptocurrency’s rally to the $69,000 range. According to a CryptoQuant report, the Bitcoin network hashrate recovered while BTC had its latest rally. The metric’s drawdown from its all-time high is now 3%, compared to 8% on July 9. Bitcoin Network Hashrate Recovers On...

Ethereum’s price has been going through a frustrating consolidation period over the past few months following the price’s failure to break above the $4,000 resistance level. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has recently rebounded from the $2,800 mark and rallied toward the $3,500 resistance level. However, the latter has rejected the price to the downside. The market has also dropped below the 200-day moving average, located...