Despite attempts by bears to drive prices down, Ethereum (ETH) managed to hold its head above water on Wednesday, topping $1,200 for the most of the session. Coingecko records indicate that as the time of writing, ETH is trading at $1,129.50, a decrease of 0.5% over the past week and still slightly down from the previous…
Bitcoin further sank to about $17,750 for the first time since December 2020 Saturday afternoon, as the selloff in the crypto market intensifies. Bitcoin’s price is still falling steadily and is currently testing the 2017 all-time high range of $17,000 to $20,000. However, the descent shows no indication of abating, and analysts are are not quite…
According to Huobi co-founder Jun Du, Bitcoin is unlikely to experience a strong bull run until 2025. His analysis is based on certain crypto specialists’ assumption that the coin’s current run is coming to an end. Surprisingly, Du has always aligned with Bitcoin’s bull run history. The asset’s value reached as high as $69,000 during…
The crypto market just shed 3.49% over the day to $1,6 trillion. With concerns over Russia and Ukraine and rate increases by the Federal Reserve in the U.S, cryptocurrencies are tumbling. Many investors fear a crypto winter, but whether it is here or not, diversification is still vital. James Wang, Head of Tokens at Amun,…
Ethereum blockchain co-founder and prominent leader in cryptocurrency Vitalik Buterin said that investors might be experiencing a “crypto winter,” but it’s not all bad news for them. He went on to say this could lead up into another digital asset universe as prices are currently low enough, which would give opportunities with significant gains potential…
It’s been a challenging few months for crypto investors since Bitcoin fell from its all time high of 69k; on top of that, many coins have followed in BTC’s price action footsteps. The entire crypto market has shed more than $1 trillion in value since, and many experts believe more is to come and that…
Price predictions using technical analysis can produce a wide range of results for a crypto asset. One analyst has predicted an Ethereum capitulation into double digits if the current trend continues.ETH Death Imminent?Ethereum and its crypto brethren have bounced back today but the overall trend is still heavily bearish. From an intraday low below $120…
The downtrend continues for Bitcoin price, as the leading crypto asset by market cap reached $6,600 today, showing that bears remain in complete control over the current state of the crypto market.Will bulls finally step in and bring a much-needed relief rally, or will Bitcoin continue to fall back towards its bear market bottom and…
On-chain metrics can offer valuable insights into Bitcoin market movements and the latest data is showing that unrealized losses are mounting up. This could lead to a larger selloff as those that bought the dip in late 2018 fear for loss of profits now.Bitcoin Selloff ResumesFollowing the weekend’s push to close in on $8k, there…
The big crypto boom of late 2017 is a long distant memory today. Pretty much every altcoin out there was surging by ridiculous proportions as the wave of FOMO swept the scene. Today the majority of crypto currencies are melting down and many simply will not survive another winter. Crypto Assets on Death Row Total…