Cryptos news Archives - Page 234 of 253

August 08, 2021

Bitcoin to Climb to $53,200 to Address Market Imbalance: Willy Woo

On Sunday, popular on-chain analyst Willy Woo tweeted that the Bitcoin (BTC) price could climb higher because of the current “demand/supply imbalance in the market,” noting that: “#Bitcoin price would need to move to $53k to address the demand/supply imbalance in the market.” Woo asserted tha...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #Technical Analysis

August 07, 2021

Compound (COMPUSD) Approaches Potential Reversal Zone

Market Analysis – COMPUSD Could Execute a Potential Reversal at The $505.0 Zone A potential reversal zone is being approached by COMPUSD. Its bullish break out from its consolidation zone at $440.0 might be false. Before the break out above the $440.0 level, which happened on the 4th of Augus...

#Compound #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #Market Prospect #Price Action

August 06, 2021

Ripple vs. SEC: Court Grants Ripple Access to Crucial Binance Documents

Ripple (XRP) recently filed for the release of crucial documents from Binance to disprove some claims by the SEC in the ongoing legal battle. New reports show that US Magistrate Judge Sarah Netburn has approved this request. Through its lawyers, Ripple CEO Brad Garlinghouse filed a motion in the So...

#CRYPTOCURRENCY #NEWS #RIPPLE #SEC #Technical Analysis

August 06, 2021

Bancor (BNTUSD) Breaks and Retests $3.50

Market Analysis – BNTUSD Continues Bullishness; Breaks and Retests Key Level BNTUSD breaks and retests the $3.50 resistance level as an indication that price is set to continue its bullish run. The break happened on 30th July 2021 after three days of staying in a ranging market condition. Wha...

#Bancor #Crypto Analysis #Daily Chart #Market Anticipation #Price Action

August 05, 2021

Bitcoin ETF: French-based Asset Management Company Launches ETF

According to recent reports by the Financial Times, a French asset management firm (Melanion Capital) is set to launch an EU-regulated Bitcoin ETF. Dubbed the Melanion ETF, this Bitcoin (BTC) derivative would become one of the first of its kind in the European market. The proposed ETF will track ab...

#BITCOIN #BTC #CRYPTOCURRENCY #Technical Analysis

August 04, 2021

Band Protocol (BANDUSD) Fails to Break $7.000 Despite Decent Run

Market Analysis – BANDUSD Decent Run Has Failed to Break $7.000 Despite BANDUSD decent run in the preceding days leading up to now, the coin has failed to break through the $7.000 price mark. A level that has proven to be vital to the bears on the chart. BANDUSD started its decent run on the ...

#BAND #Crypto #Crypto Analysis #CRYPTOCURRENCY #Daily Chart #Price Action

August 04, 2021

Ethereum London Hard Fork: Exchanges Place Precautionary Measures to Forestall Volatility

With the Ethereum (ETH) blockchain preparing to launch the London hard fork, crypto exchanges are taking precautionary measures to ensure that customers’ funds are secure during the transition. The hard fork should go live at block height 12,965,000, which should occur tomorrow (August 5). The hard...

#CRYPTOCURRENCY #ETH #Ethereum #Hard Fork #NEWS

August 04, 2021

Synthetix (SNXUSD) Bullish Run Challenged

Market Analysis – SNXUSD Impressive Bullish Run Challenged at $10.450 SNXUSD bullish run began on the 20th of July 2021, when price bounced off the resistance price point at $7.500. The bulls took over the market and drove price to $10.450, an impressive 40% price gain in just six days. Howev...

#Crypto Analysis #CRYPTOCURRENCY #Daily Chart #Price Action #SNXUSD #Synthetix

August 03, 2021

Bitcoin Slumps from 11-Week High as Crypto Market Goes Into Correction

After peaking at a new 11-week high at $42,600 on Sunday, Bitcoin (BTC) appears to be in a sharp correction mode as the cryptocurrency falls to the mid-38k area. As expected, the rest of the crypto market acted similarly, which dragged the valuation of the total crypto market lower. The benchmark c...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS #Technical Analysis