Bitcoin price stumbles amid investors’ aversion to risk assets, but there is a silver lining
The U.S. stock market is approaching a crucial turning point as uncertainty over inflation rises after hotter-than-expected economic data released in February. Despite mounting investor...
3 BTC price hurdles Bitcoin bulls are failing to clear in 2023
Bitcoin (BTC) is up 42% since the start of 2023, but short term, the outlook may now favor the bears.The latest data paints a problematic...
Ethereum eyes 25% correction in March, but ETH price bulls have a silver lining
The price of Ethereum’s native token, Ether (ETH), shows a growing conflict among traders about the market direction for March. This uncertainty has resulted in...
Ethereum price resistance at $1,750 could reflect traders’ anxiety over the Shanghai upgrade
The price of Ether (ETH) declined 9.8% between Feb. 19 and Feb. 25 after the price resistance at $1,725 proved stronger than expected. Still, the...
Here’s why STX, CFX, SSV, AGIX and GRT are the top performing assets in February
The month of February was filled with investors’ hope that an earlier-than-expected Federal Reserve policy pivot would occur, but this sentiment faded as the inflation...
Derivatives data highlights crypto traders’ positive sentiment and belief in further upside
The recent weakness in the crypto market has not invalidated the six-week-long ascending trend, even after a failed test of the channel's upper band on...
Bitcoin would make a new high for the year if the S&P 500 index bounces from the lows.
Bitcoin and the S&P 500 move in a direct correlation The recent corrections look like an Elliott Waves a-b-c If stocks make a new high...
Blur runs after OpenSea market share, but its success depends on upcoming governance proposals
The nonfungible token (NFT) marketplace Blur has seen its trading volumes and total sell-side liquidity skyrocket since conducting an airdrop on Feb. 14. The reason...
Is the SEC’s action against BUSD more about Binance than stablecoins?
Binance branded stablecoin, Binance USD (BUSD), is a dollar-backed stablecoin issued by blockchain infrastructure platform Paxos Trust Company, and is the third largest stablecoin after...
THETA, LIDO, KLAY and EGLD flash bullish signs as Bitcoin recaptures $23K
The cryptocurrency markets and the United States equities markets witnessed profit-booking this week as the macroeconomic data hinted toward continued rate hikes by the Federal...