ETH and BTC Support Lines Under Stress Amid Federal Interest Rate Declaration

BTC has managed to revive above 23,000 dollars after dropping that level below the beginning of the week due to long investors who witnessed their position change. However, the benchmark digital asset remains highly volatile, with bearish and bullish markets struggling to control the 23,000 dollar value point. According to the Binance chart o the … Read more

January 23 Forex Signals Brief – Economic Data to Catalyze Choppy Price Action

Yesterday’s Market Outlook The initial two weeks of 2023 have seen the market adopting the stance it maintained during most of 2022’s fourth quarter. Meantime, the United States dollar re-launched its retreat as risk assets exhibit a bullish strength. That came after economic data and inflation confirmed further slowdowns. Nonetheless, the previous week saw mixed … Read more

Ethereum (ETH) Price Forecast: Odds Against Bears’ Revival, But Can We Anticipate $2K Retest?

Ethereum price presents a 37% YTD increase, nearly equal to Bitcoin’s. ETH’s upside might stretch toward $1,820, though a continued deterioration in the momentum metric would make this a top sign. Flipping $1,820 into reliable support and a higher high from the Relative Strength Index would see ETH canceling the bearish tale. Ethereum (ETH) has … Read more

Bitcoin (BTC) Climbs Past $18K, and Bulls Could Be Targeting $19K

BTC stretched its surges past the $17.5K and $18K resistance marks. Bitcoin trades beyond $18K and the 100 1hr Simple Moving Average. The 1hr chart shows a notable bullish trend emerging with footing near $17.4K (Kraken stats). BTC/USD might continue uptrends toward the resistance of $19K. Bitcoin price continued its upside strides and climbed past … Read more

Ethereum (ETH): Bulls to Capitalize on Shanghai Hardfork Chatter to Eye $1.4K

Ethereum recorded bullish moves on Tuesday as Bitcoin revisited $17.5K for the initial time since 16 December. Market attitude toward United States inflation and expectations of soft economic landing backed riskier assets. Nevertheless, Ethereum witnessed red today as investors locked in profits following three optimistic sessions. Tuesday’s optimistic moves saw ETH gaining 1.21% to extend … Read more

Crypto Weekly Outlook – Huobi & Celsius Drama and More

Cryptocurrency companies continue to struggle in 2023’s first week, with businesses announcing notable layoffs and bankruptcy. So let us check what the year has had for the crypto space within the past seven days. Bitcoin (BTC) The distressing Texas winter storm in December last year forced BTC miners to return nearly 1.5K megawatts of power … Read more

December 7 Top Crypto Gainers – APE, XRP, and AXS Witness Impressive Jumps

The cryptocurrency market saw a slight recovery today, with the global market capitalization gaining 0.08% to $854.54 billion during this publication. Meanwhile, the past 24hrs had the cryptocurrency market volume at $35.30 billion, indicating a 7.14% decline. Meantime, the world’s leading digital coins, Bitcoin and Ethereum, noted slight gains of 0.13% & 0.14% to $17,033 … Read more

Why Your Presumptions About FTX’s Debacle Could Be Wrong?

The leading crypto exchange FTX & its sister trading company Alameda Research filed for bankruptcy on 11 November. That came a week (7 November) after the founder of these companies, Sam Bankman-Fried, tweeted that FTX and investor assets were unbothered. Meanwhile, experts are still uncovering how the renowned exchange and its sister cryptocurrency firm fell. … Read more

Matter Labs Gets $200m For Its Ethereum Optimization Team

Matter Labs, the innovation company driving the zkSync Ether amplification mechanism, has recently received an additional $200 million. The Pre-seed Team The Pre-seed investment is co-led by Blockchain Ventures and Dragonfly with participation from other big partners. Earlier in The month, the startup received money from major investors a16z, who led Matter Labs’ Round B. … Read more

BIT Gets Dumped As Alameda Moves To Sell-Off holdings

One of the world’s largest DAOs (Decentralized Autonomous Organizations), Bybit group, has recorded a massive dumping of its token in three hours. Crypto community users dumped BITDAO following a sell-off move made by one of its largest holders, Almeda Research. Almeda Research Breaches Agreement With BITBY During the early hours of today, Bybit CEO Ben … Read more

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