Markets

After a weekend with wild swings and liquidations, BTC bulls managed to push the price higher, making the first weekly close above the 21-week and 200-day moving average. Technical analysts consider this a major buy signal, as it has led to significant rallies for bitcoin. Chart by TradingViewThe last time this occurred was April 2020, right after the March COVID-19 crash that sent all risk assets plummeting. After reclaiming the 21-week and 200-day moving average, BTC...

Stellar lumen price started a decent increase above the $0.3000 resistance against the US Dollar. XLM price is now trading above $0.3500 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.3700 on the 4-hours chart (data feed via Kraken). The pair is likely to continue higher above the $0.4000 and $0.4050 resistance levels. Stellar lumen price is showing positive signs above $0.3500 against the US Dollar, similar...

Ripple price gained traction and it rallied above $1.00 against the US dollar. The price is now trading well above the $1.10 resistance and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $1.32 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to rise as long as it is above the $1.10 support zone. Ripple price is trading in a positive zone above $1.10 against the US...

At the time of writing, bitcoin – the world’s number one digital currency by market cap – has taken a small dive. Over the past couple of days, the currency has been trading in the $45,000 – $46,000 range, and many thought the asset was making its way clear to $50K. However, it looks like once again bitcoin moved a little too quickly for its own good. The asset has since fallen back a bit into the low $44,000 range, and many analysts are hoping BTC can take a breather....

Shortly after reaching a new three-month high of over $48,000, bitcoin retraced rapidly and lost over $2,000 in hours. Most altcoins are also in the red, with the apparent exception of Ripple. XRP has surged by 60% in a week to a record of its own at $1.3. Red Among Alts, But Not XRP The alternative coins enjoyed the past several days with impressive gains. Ethereum led the charge by surging past $3,300. Thus, ETH nearly doubled its value since the July 20th dump. However,...

Well, whoever thought that the bearish sentiment was going to kill Bitcoin was wrong, very wrong. What’s more, one statistic suggests that Bitcoin could be more valuable today than ever before for the ecosystem – including its ATH days. Bitcoin’s total “realized” market cap today surpassed the numbers registered in April 2021 when its price had topped out. Bitcoin Realized Cap. Image: GlassnodeThe statistic was shared a few hours ago by the blockchain data provider Glassnode...

Following the latest developments in the cryptocurrency markets in which BTC’s price skyrocketed by double-digit percentages in a matter of weeks, the general sentiment has changed significantly. The popular Bitcoin fear and greed index has gone into an “extreme greed” territory for the first time in nearly three months. Extreme Greed Is Back Again The Bitcoin fear and greed index estimates the general feelings in regards to the primary cryptocurrency by following several...

Vor ungefähr einem Monat stoppten Partnerbanken ihre Zusammenarbeit mit Binance. Unter anderem Barcleys, Santander und Clear Junction sorgten bisher dafür, dass Nutzer Euro und British Pounds auf die größte Cryptobörse der Welt einzuzahlen konnten. Über das SEPA-Verfahren wurde diese Möglichkeit komplett ausgesetzt – temporär, so heißt es allerdings immer noch auf Binance. Crypto News: Binance mit weiteren regulatorischen MaßnahmenBinance selbst trifft jedoch keine Schuld. Die Banken wurden...

The US multinational corporation Intel Corp. has disclosed purchasing shares of America’s largest cryptocurrency exchange – Coinbase. The tech company, headquartered in Santa Clara, California, currently owns just a little over 3,000 COIN stocks. Founded in 1968, Intel Corporation is among the largest tech companies with revenue nearing $80 billion as of last year. According to recent reports, the behemoth has received exposure to the cryptocurrency space by buying shares of...

Bitcoin continued with its decisive move upwards, and the latest leg up drove the asset to nearly $48,000. The alternative coins have performed even more impressively, with ETH topping $3,300 and ADA exploding by another 10%. Bitcoin’s Impressive Run A lot can change in the cryptocurrency markets in a month or even less sometimes. The primary cryptocurrency is a prime example as it had dumped to a low of $29,200 on July 20th. As the bearish sentiment was taking over, though,...