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US stocks rallied last week after the Senate passed a bipartisan deal to extend the $31.4 trillion debt ceiling. At the same time, the US Bureau of Labor and Statistics job report for...
Both Bitcoin and Ethereum tested their resistances last week However, bulls failed to gather necessary momentum for a breakout Both cryptos should look for a new test of the resistances this...
A look at the major recent Bitcoin developments over the last few weeks.Over the past month, Bitcoin has been consolidating within a tight range amid record-low volatility. The flagship cryptocurrency...
Global markets continue to face headwinds as developed economies grapple with persistent inflation, remaining above the desired 2% level.Notably, Germany, the economic powerhouse of Europe, has...
Today there is a lot of focus on the US data, especially the US ADP number, which is expected to print a solid reading, which would mean that the US dollar index may pick up more strength. Bitcoin...
Last week, Bitcoin held onto support at $26,500 Meanwhile, Ethereum broke its downtrend, surging above $1,900 Both cryptos recently bounced off the support area, now eyeing critical resistance...
Cryptocurrency markets remain in a tight range as US default risk looms Bitcoin, Ethereum have traded on significantly low volumes Ethereum faces selling pressure below $1,850 as Bitcoin moves into...
Decentralized Finance (DeFi) yields have been on a free fall since the crypto market peaked in November 2021. But with the bull market hype cooling down, innovators in the DeFi space are pivoting to a...
Selling in the cryptocurrency market carried into the new week, with Bitcoin and Ethereum under pressure. Bitcoin's rally from last week was halted while Ethereum tested a key support level after...
The latest trigger for Bitcoin’s rally comes from the First Republic Bank (NYSE:FRC) earnings report and rumors of federal seizure.For a long time, after Bitcoin launched, it was commonplace to...
Two weeks ago, see here, we found for Bitcoin (BTC) “According to the Elliott Wave Principle (EWP) count, our preferred weapon of choice in assessing where the price goes most likely next, BTC...
Gold In the commodity market, gold has started to lose its mojo, and the main reason behind it is its strength is the dollar index. The commodity report by CompareBroker indicates that demand has...
Bitcoin and Ethereum took a tumble recently. Bitcoin dropped over 5% to $28,500, while Ethereum fell 8% to $1,920. To confirm a rebound, Bitcoin needs to stay above $28,750, and Ethereum needs to stay...
A new report from crypto research firm K33 Research suggests that Bitcoin could hit the $45,000 mark by May. The report argues that BTC’s current drawdown and recovery cycle is very similar to...
Ether did not face significant selling pressure following its latest blockchain upgrade.Ethereum finalized its transition to the proof-of-stake (PoS) mechanism after completing the...