Tag Archives: Bitcoin

Bitcoin, Ethereum Technical Analysis: BTC Below $19,000 as Sentiment in Crypto Remains Bearish

By | September 26, 2022

Bitcoin started the week trading below $19,000, as recent economic pressures continued to weigh on cryptocurrency markets. The token fell lower in today’s session, as market sentiment remained bearish following last week’s rate hikes by the U.S. Federal Reserve. Ethereum was also lower, falling below $1,300. Bitcoin Bitcoin (BTC ) slipped below $19,000 to start… Read More »

Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate Following Week of Intense Volatility

By | September 24, 2022

Following what has been a turbulent week of trading, bitcoin prices consolidated to start the weekend. The token rose marginally above the $19,000 level on Saturday, hovering near a three-month low in recent days. Ethereum was also consolidating in today’s session, as prices moved back above $1,300. Bitcoin Bitcoin (BTC ) rose marginally above $19,000… Read More »

Bitcoin, Ethereum Technical Analysis: BTC Back Above $19,000 Ahead of FOMC Meeting

By | September 20, 2022

Bitcoin was trading marginally higher ahead of Wednesday’s United States FOMC meeting, where it is expected that the Federal Reserve will increase interest rates. As inflation continues to remain at elevated levels, many anticipate the Fed will raise rates by over 75 basis points. Ethereum was also up, after briefly falling below $1,300 on Monday.… Read More »

Bitcoin, Ethereum Technical Analysis: ETH Hits 3-Week Low as Bearish Momentum Increases Following The Merge

By | September 16, 2022

Ethereum moved to a three-week low on Friday, as market sentiment remained bearish following the completion of The Merge. The world’s second largest cryptocurrency dropped below $1,500 today, less than 24 hours after the historic migration from proof-of-work (PoW), to a proof-of-stake (PoS) system. Bitcoin also neared a multi-week low. Bitcoin Bitcoin (BTC ) fell… Read More »

Bitcoin, Ethereum Technical Analysis: BTC Drops by Over $2,000 in the Last 24 Hours

By | September 14, 2022

Cryptocurrency prices plunged in today’s session, as markets reacted to the latest U.S. inflation report. Bitcoin fell by over $2,000 in the last 24 hours, as consumer prices fell by less than expected in the United States. Ethereum was also in the red, as the token dropped below $1,600. Bitcoin Bitcoin (BTC ) was trading… Read More »

Bitcoin, Ethereum Technical Analysis: BTC Extends Gains, ETH Consolidates Ahead of The Merge

By | September 12, 2022

After rising to a multi-week high over the weekend, ethereum consolidated on Monday, as market uncertainty increased ahead of tomorrow’s Merge. The token, which continues to trade above $1,700, fell from Sunday’s high, as bulls likely liquidated previous positions. Bitcoin remained higher, rising for a sixth straight session. Bitcoin Bitcoin (BTC ) rose for a… Read More »

Bitcoin, Ethereum Technical Analysis: ETH Bulls Targeting $1,800 This Weekend

By | September 10, 2022

Ethereum rallied to a fresh three-week high to start Saturday’s session, however gains eased as the day progressed. The token continues to trade above $1,700, as market sentiment remains bullish. Bitcoin experienced a similar day, with the token slowly losing steam, after a failed breakout of a key resistance level. Bitcoin Bitcoin (BTC ) continued… Read More »

Bitcoin, Ethereum Technical Analysis: ETH Above $1,600 as ‘Bellatrix’ Hard Fork Commences

By | September 6, 2022

Ethereum rallied on Tuesday, as founder Vitalik Buterin confirmed a part of the “Merge” event was commencing today. In a tweet he stated: “What’s happening today is the Bellatrix hard fork, which prepares the chain for the merge.” Bitcoin was also higher, as it traded near $20,000. Bitcoin Bitcoin (BTC ) briefly rose above $20,000… Read More »

New Study Says Number of Cryptocurrencies Now at 10,000 — Five Coins Account for 75% of Total Market Cap

By | August 31, 2022

The number of known cryptocurrencies surged from 6,000 in July 2021 to 10,400 in February 2022 before dropping to around 10,000 by August. Only five cryptocurrencies currently account for over 75% of the entire crypto industry market capitalization. A Thousand Cryptocurrencies Added Every Month According to the data from Augusta Free Press, the number of… Read More »

Argentinian Province Mendoza Starts Accepting Tax Payments in Crypto

By | August 29, 2022

Mendoza, an Argentinian province, has implemented a system that allows taxpayers to pay their taxes fully with cryptocurrencies. The system, which was launched this week, is part of a strategic push for the modernization and digitalization of payments carried by the tax authority of Mendoza and uses the services of a third party to process… Read More »