CryptoCurrency News
Thorchain Shows A Glimpse Of Hope, Are The Green Days Near?
RUNE price could be ready to break out from the downtrend as price gears up for a short-term recovery creating more bullish sentiment. RUNE looks strong on the low timeframe. The price of RUNE attempts to break and hold above 8 and 20 EMA on the daily timeframe. Thorchain (RUNE)…
Read More »Uniswap Rally Could Be In Jeopardy, Despite UNI’s Solid Social Engagement
Uniswap (UNI) started with a bearish stride in 2022 along with Ripple and most other cryptocurrencies but it has been gaining some impressive price action as seen in the past few weeks. UNI’s social engagement up by 53.62% Supply of unique wallet addresses surged since September 12 UNI price looking…
Read More »Ethereum Registers Massive Inflows Even Though It Shows Subtlety
The second largest cryptocurrency is making a new wave in space in inflows, Ethereum and its related products recorded massive inflows for a second week consecutively. CoinShares’ weekly fund flow report data indicated a total inflow of $5.6 million for Ethereum and its related products. Data for the overall investment…
Read More »Bitcoin Price Starts Uptober With Record Open Interest Increase, BTC Rally Will Be Short lived?
The Bitcoin price is once again trading above $20,000, its 2017 all-time high, with bullish momentum on low timeframes. The cryptocurrency has been in a similar situation since losing this level early in 2022, leaving many traders to wonder if the bulls will be able to sustain the current price…
Read More »Ethereum Marks Three Consecutive Red Weekly Closes, Will Uptober Change Its Trajectory?
Ethereum has been one of the cryptocurrencies that have received major support from the crypto community regardless of how the price performs in the market. Since the Ethereum Merge was completed, though, the digital asset has not performed as well as expected. ETH’s price has continuously bled out, which has…
Read More »Landshare brings the first Tokenized House Flip to the Blockchain
Despite economic uncertainties, the real estate market continues to present abundant opportunities for investors. According to Zillow, home values in the US are up 18.2% year over year. Compare this to the S&P 500 and NASDAQ Composite – which are down 16.7% and 25% respectively – and it becomes clear…
Read More »What Does Puell Multiple Say About Current Bitcoin Bear?
Puell multiple is an indicator that has historically given hints about previous Bitcoin cycles, here’s what it says about the current bear market. Bitcoin Puell Multiple Has Been Going Up During The Last Couple Of Months According to the latest weekly report from Glassnode, miners are currently raking in just…
Read More »Ren Protocol Breaks Out, Is This Be A Relief Bounce?
REN price could be ready to break out from the downtrend as price gears up for a short-term recovery creating more bullish sentiment. REN looks strong on both low and high timeframes. The price of REN breaks out on the daily timeframe after forming an descending triangle. Ren Protocol (REN)…
Read More »Dogecoin On Fire, Rallies After Elon Musk-Twitter Deal Confirmation
Dogecoin has been rallying over today’s trading session, following the general sentiment in the market and receiving support from its biggest advocate Elon Musk. The entrepreneur and CEO of Tesla and SpaceX confirmed a deal to purchase social media Twitter (TWTR) Related Reading: Uniswap Rally Could Be In Jeopardy, Despite…
Read More »Bitcoin Bounce Coincides With Possible Macro Reversal | BTCUSD Analysis October 4, 2022
In this episode of NewsBTC’s daily technical analysis videos, we compare Bitcoin price with the S&P 500, WTI Crude Oil, Gold, and the almighty dollar through the DXY. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): October 4, 2022 Bitcoin price is back over $20,000 and you…
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