The rising trading volumes over the past couple of days show that market participants are finally coming back to the crypto market.
The global crypto market is witnessing a bullish trend a rise of 3% at 1.18T. Bitcoin, the largest crypto is bullish at $24,739 with a dominance of 40.7%. Top Altcoins are trading in Green.
The Fear and Greed index at 46.
The global crypto market is witnessing a bullish trend a rise of 3% at 1.18T. Bitcoin, the largest crypto is bullish at $24,739 with a dominance of 40.7%. Top Altcoins are trading in Green.
The Fear and Greed index at 46.
Shiba Inu (SHIB) Price Enters Bull Market - Peter Brandt
Popular Analyst Peter Brandt shared a chart, suggesting that Shiba Inu entered a bullish cycle and was on the verge of massive rally.
As per the chart, there was successful completion of the inverted H&S pattern, which is a direct signal for a reversal.
Additionally, Investors' bullishness is reflected in Shiba Inu's recent 25% jump, which indicates that they are willing to support the token's future rally if it breaks out again.
Overall, Brandt's analysis hints that Shiba Inu bottomed out and now the doge killer is all set to move north.
Popular Analyst Peter Brandt shared a chart, suggesting that Shiba Inu entered a bullish cycle and was on the verge of massive rally.
As per the chart, there was successful completion of the inverted H&S pattern, which is a direct signal for a reversal.
Additionally, Investors' bullishness is reflected in Shiba Inu's recent 25% jump, which indicates that they are willing to support the token's future rally if it breaks out again.
Overall, Brandt's analysis hints that Shiba Inu bottomed out and now the doge killer is all set to move north.
Altcoins for the Week BinanceCoin(BNB), Chainlink(LINK) & Litecoin(LTC) May Surge High
The global markets remained stable during the weekend as Bitcoin maintained its trend close to $24,000. Over the past few days, the needs underwent tremendous selling pressure as the price surged beyond $25,000.
However, since the early trading hours, the bulls appear to have gained some strength that has eased the selling pressure.
Read More - https://coinpedia.org/price-analysis/altcoins-for-the-week-binancecoinbnb-chailniklink-litecoinltc-may-surge-high/
The global markets remained stable during the weekend as Bitcoin maintained its trend close to $24,000. Over the past few days, the needs underwent tremendous selling pressure as the price surged beyond $25,000.
However, since the early trading hours, the bulls appear to have gained some strength that has eased the selling pressure.
Read More - https://coinpedia.org/price-analysis/altcoins-for-the-week-binancecoinbnb-chailniklink-litecoinltc-may-surge-high/
Do your own Research - DYOR.
A popular slang in the cryptocurrency community exhorts people to take personal responsibility for their financial choices.
Never rely on someone's opinion to sway you into investing in your favorites. Invest in projects that you personally see real-life value in by DYOR.
DYOR serves as a gentle reminder for every one of us to be in charge of our own learning.
#DYOR #DIOR #Crypto #Trading #coinpedia
A popular slang in the cryptocurrency community exhorts people to take personal responsibility for their financial choices.
Never rely on someone's opinion to sway you into investing in your favorites. Invest in projects that you personally see real-life value in by DYOR.
DYOR serves as a gentle reminder for every one of us to be in charge of our own learning.
#DYOR #DIOR #Crypto #Trading #coinpedia
Will The Mt. Gox Bitcoin Dump Affect the Crypto Market? Here’s What the Expert Has to Say
The price of bitcoin surpassed $25k on Monday, although, the same day, BTC’s price continued to decline and reached a low of $24,000. At the same time, there are interesting developments in the market.
A 2014 suspected attack at the Japanese cryptocurrency exchange Mt. Gox resulted in the loss of about 850,000 Bitcoins. According to reports, some of the stolen property will start to be given to the creditors.
Read More : https://coinpedia.org/news/will-the-mt-gox-bitcoin-dump-affect-the-crypto-market-heres-what-the-expert-has-to-say/
The price of bitcoin surpassed $25k on Monday, although, the same day, BTC’s price continued to decline and reached a low of $24,000. At the same time, there are interesting developments in the market.
A 2014 suspected attack at the Japanese cryptocurrency exchange Mt. Gox resulted in the loss of about 850,000 Bitcoins. According to reports, some of the stolen property will start to be given to the creditors.
Read More : https://coinpedia.org/news/will-the-mt-gox-bitcoin-dump-affect-the-crypto-market-heres-what-the-expert-has-to-say/
#Google's parent company #Alphabet spent $1.56 billion in blockchain companies, according to a blog post by the #blockchain analysis website #Blockdata. With this, it overtakes other big organisations including #Blackrock, #MorganStanley, #Samsung, and #GoldmanSachs as the largest publicly traded firms investing in the industry.
Blackrock contributed $1.17 billion over three rounds, Morgan Stanley $1.1 billion over two rounds, while Alphabet committed $1.56 billion over four rounds. Goldman Sachs is in fifth place with $698 million, while Samsung is first with 13 fundraising rounds totaling $979 million.
While Alphabet and Blackrock are adopting a different strategy by concentrating on a smaller collection of businesses like #Fireblocks and Circles, Samsung is betting on #blockchain services, #development platforms, #NFT, and social networks.
Blackrock contributed $1.17 billion over three rounds, Morgan Stanley $1.1 billion over two rounds, while Alphabet committed $1.56 billion over four rounds. Goldman Sachs is in fifth place with $698 million, while Samsung is first with 13 fundraising rounds totaling $979 million.
While Alphabet and Blackrock are adopting a different strategy by concentrating on a smaller collection of businesses like #Fireblocks and Circles, Samsung is betting on #blockchain services, #development platforms, #NFT, and social networks.
The #cryptocurrency markets in red today.
The global #crypto market cap is $1.12T down by 4.18%. The 24H Trading volume of $68.6B #Bitcoin is currently hanging below the $24,000 mark at $23,392 with a #dominance of 39.9%.
The Fear and Greed Index grows more #fear at 30.
The global #crypto market cap is $1.12T down by 4.18%. The 24H Trading volume of $68.6B #Bitcoin is currently hanging below the $24,000 mark at $23,392 with a #dominance of 39.9%.
The Fear and Greed Index grows more #fear at 30.
#Ethereum Price To Plunge in Coming Weeks - BitMEX Founder Arthur Hayes
As per Arthur Hayes, Ethereum (#ETH) is primed for a corrective move in the coming weeks.
If The Merge Event is unsuccessful, Ethereum could witness a sharp decrease in #price, as per Hayes's recent blog post.
Hayes advised traders should either go short or choose not to own ETH if the #Merge Event is unsuccessful.
However, Hayes doesn't expect #Ethereum to drop lower than the $800-$1,000 rang
As per Arthur Hayes, Ethereum (#ETH) is primed for a corrective move in the coming weeks.
If The Merge Event is unsuccessful, Ethereum could witness a sharp decrease in #price, as per Hayes's recent blog post.
Hayes advised traders should either go short or choose not to own ETH if the #Merge Event is unsuccessful.
However, Hayes doesn't expect #Ethereum to drop lower than the $800-$1,000 rang
These Exchanges Can Enjoy Huge Benefits With Ethereum Merge Event – Predicts JP Morgan
The long-awaited Ethereum merge is finally happening next month around the 15th of September, and the blockchain will move from proof of work (PoW) to proof of stake (PoS).
With this, the biggest crypto companies are now announcing what the experience will be like for retail investors.
Read More: https://coinpedia.org/exchange-news/exchanges-can-enjoy-huge-benefits-with-ethereum-merge-event/
The long-awaited Ethereum merge is finally happening next month around the 15th of September, and the blockchain will move from proof of work (PoW) to proof of stake (PoS).
With this, the biggest crypto companies are now announcing what the experience will be like for retail investors.
Read More: https://coinpedia.org/exchange-news/exchanges-can-enjoy-huge-benefits-with-ethereum-merge-event/
Solana (SOL) Price To Surge 2x While ETH Prepares For The Merge, Per Analyst
In the midst of Crypto bloodbath, a popular crypto analysts and traders is predicting a bullish outcome for one of the well-known Ethereum (ETH) competitors.
An anonymous trader who is known as Guy, a host at Coin Bureau informs his 2.09 million Youtube followers that he is of the opinion that Solana (SOL), a layer-1 protocol will soon double its trading price if the altcoin keeps surging.
Read More: https://coinpedia.org/altcoin/this-ethereum-competitor-to-surge-2x-while-eth-prepares-for-the-merge-per-analyst/
In the midst of Crypto bloodbath, a popular crypto analysts and traders is predicting a bullish outcome for one of the well-known Ethereum (ETH) competitors.
An anonymous trader who is known as Guy, a host at Coin Bureau informs his 2.09 million Youtube followers that he is of the opinion that Solana (SOL), a layer-1 protocol will soon double its trading price if the altcoin keeps surging.
Read More: https://coinpedia.org/altcoin/this-ethereum-competitor-to-surge-2x-while-eth-prepares-for-the-merge-per-analyst/
You need a proven strategy to consistently make money in the cryptocurrency market.
Having a strategy allows you to keep your focus amidst the constant flow of news, economic data, and market events that can interfere with your analysis.
So, what is a crypto trading strategy, and which trading strategy is best for you?
To know check the link : https://www.instagram.com/p/Che3LDOppl8/
Having a strategy allows you to keep your focus amidst the constant flow of news, economic data, and market events that can interfere with your analysis.
So, what is a crypto trading strategy, and which trading strategy is best for you?
To know check the link : https://www.instagram.com/p/Che3LDOppl8/
Ethereum To Face Brutal Crash by 2022 End - Justin Bennett
As per Crypto analyst Justin Bennett, any price recovery might be a bull trap, as the crypto markets have more chances to plunge.
Bennett warned investors predicting bad days might be ahead for Ethereum.
Analyst Justin Bennett believes that Ethereum could face a brutal crash by the end of 2022.
According to him, ETH could reach a low of $300, as various global factors could pull the price of cryptocurrencies down. He tweeted "Unpopular opinion: The $ETH bottom is probably closer to $300 than $1,000 "
The analyst warned that a recession could be official this year and ETH’s price might see a major bearish trend.
As per Crypto analyst Justin Bennett, any price recovery might be a bull trap, as the crypto markets have more chances to plunge.
Bennett warned investors predicting bad days might be ahead for Ethereum.
Analyst Justin Bennett believes that Ethereum could face a brutal crash by the end of 2022.
According to him, ETH could reach a low of $300, as various global factors could pull the price of cryptocurrencies down. He tweeted "Unpopular opinion: The $ETH bottom is probably closer to $300 than $1,000 "
The analyst warned that a recession could be official this year and ETH’s price might see a major bearish trend.
The global #cryptocurrency market cap today was almost flat in the last 24 hours
#Bitcoin price today slipped as the world's largest and most popular #crypto was trading nearly a percent lower at $21,299. The #global crypto market cap today was above the $1 trillion mark, even as it was almost flat in the last 24 hours at $1.02 #trillion.
#Bitcoin price today slipped as the world's largest and most popular #crypto was trading nearly a percent lower at $21,299. The #global crypto market cap today was above the $1 trillion mark, even as it was almost flat in the last 24 hours at $1.02 #trillion.
Dogecoin Ethereum Bridge To Go Live in 2022!
Blue Pepper, the organization behind Dogecoin-Ethereum Bridge has shared a few new updates in its recent medium post.
As per the blog post, A Dogecoin- Ethereum bridge would allow users to move Doge to the Ethereum blockchain and vice versa.
Dogecoins on the Ethereum blockchain could be used in Turing-complete smart contracts, DeFi protocols, NFT marketplaces, wallets with fancy features, etc.
The genesis members of the decentralized autonomous organization (DAO) include The Dogecoin Foundation, Blue Pepper, MyDoge, and BitGo. They will be responsible for governing the protocol.
Blue Pepper, the organization behind Dogecoin-Ethereum Bridge has shared a few new updates in its recent medium post.
As per the blog post, A Dogecoin- Ethereum bridge would allow users to move Doge to the Ethereum blockchain and vice versa.
Dogecoins on the Ethereum blockchain could be used in Turing-complete smart contracts, DeFi protocols, NFT marketplaces, wallets with fancy features, etc.
The genesis members of the decentralized autonomous organization (DAO) include The Dogecoin Foundation, Blue Pepper, MyDoge, and BitGo. They will be responsible for governing the protocol.
Will Bitcoin Bearish Trend Continue For Long? Here’s What Technicals Hint
Today, Wednesday, the Bitcoin and the cryptocurrency market are mostly stable. Although, the majority of coins have experienced a minor drop. The market capitalization of all cryptocurrencies increased by 0.6% to $1.02 trillion. The current challenge is getting the cryptocurrency market cap to $1.10 trillion.
Further, there is a long-term negative consolidation in the price of bitcoin. The price has been moving upward over the last few hours and is aiming for $21,750. In order to further reduce the price, the vendor searches for new participants.
Read More: https://coinpedia.org/bitcoin/will-bitcoin-bearish-trend-continue-for-long-heres-what-technicals-hint/
Today, Wednesday, the Bitcoin and the cryptocurrency market are mostly stable. Although, the majority of coins have experienced a minor drop. The market capitalization of all cryptocurrencies increased by 0.6% to $1.02 trillion. The current challenge is getting the cryptocurrency market cap to $1.10 trillion.
Further, there is a long-term negative consolidation in the price of bitcoin. The price has been moving upward over the last few hours and is aiming for $21,750. In order to further reduce the price, the vendor searches for new participants.
Read More: https://coinpedia.org/bitcoin/will-bitcoin-bearish-trend-continue-for-long-heres-what-technicals-hint/
Coinpedia Fintech News
Will Bitcoin Bearish Trend Continue For Long? Here's What Technicals Hint
Today, Wednesday, the Bitcoin and the cryptocurrency market are mostly stable. Although, the majority of coins have experienced a minor drop. The market capital
#Bitcoin price continued to be stable as the usually volatile token has gotten stuck #trading within a narrow range. The world's largest and most popular #cryptocurrency was trading nearly a per cent up at $21,331. The global #crypto market cap today was above the $1 trillion mark, even as it was almost flat in the last 24 hours at $1.03 trillion,
On the other hand, #Ethereum, the coin linked to the ethereum #blockchain and the second largest cryptocurrency, up about a per cent to $1,622.
On the other hand, #Ethereum, the coin linked to the ethereum #blockchain and the second largest cryptocurrency, up about a per cent to $1,622.
Ethereum (ETH) Price Rally Depends On These Macro Conditions!
The Ethereum (ETH) price has ramped up significantly and increased by more than 5% since the early trading hours as the Ethereum Merge inches closer.
However, it wasn’t able to keep up the momentum for long, as the price was dragged by bearish pressure from the daily highs near $1637 to its starting point. Though still far below the necessary levels, the buying volume is gradually increasing.
Read More:https://coinpedia.org/ethereum/why-coinbase-might-be-a-problem-for-ethereum-merger/
The Ethereum (ETH) price has ramped up significantly and increased by more than 5% since the early trading hours as the Ethereum Merge inches closer.
However, it wasn’t able to keep up the momentum for long, as the price was dragged by bearish pressure from the daily highs near $1637 to its starting point. Though still far below the necessary levels, the buying volume is gradually increasing.
Read More:https://coinpedia.org/ethereum/why-coinbase-might-be-a-problem-for-ethereum-merger/