Ethereum price risks dropping to $2K on ‘bear flag’ setup
[ad_1] Ethereum’s native token Ether (ETH) will extend its 30% slump this year to the lowest price level since July 2021, if a textbook technical indicator plays out. Ethereum chart paints bearish pattern ETH’s price fell to its six-month low of $2,159 on Jan. 24, 2022, only to rebound...
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BTC price falls to $34K as Bitcoin RSI reaches most ‘oversold’ since March 2020 crash
[ad_1] Bitcoin (BTC) refused to stem recent losses during Jan. 22 as predictions of a flight to $33,000 and lower looked increasingly likely to become a reality. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView. Open interest “still not flushed” Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it...
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OHM In Blood, How This OlympusDAO Whale Sank Its Price by 44%
[ad_1] In 2021, Ethereum based OlympusDAO and its native token OHM exploded as the protocol onboarded new users seeking to leverage its high annual percentage yield (APY). At its peak, the price of OHM went from $330 to an all time high of $1,639, but the asset seems to...
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Bitcoin Price Starts Corrective Decrease, Can Bulls Protect Losses
[ad_1] Bitcoin extended increase above the $44,000 level against the US Dollar. BTC is correcting losses, but it might find support near the $42,000 support zone. Bitcoin climbed further higher above $44,000 before it faced sellers. The price is trading near $42,750 and the 100 hourly simple moving average....
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Bitcoin Price Plunges below $40,000, as Global Crypto Market Sell-Off
[ad_1] On Monday January 10, Bitcoin plunged its price below $40,000 for the first time since September 2021. The negative record therefore heightened a bear trend that began six weeks ago. Today, the lowest price reached during this fall was $39,558. The dip saw more than $295 million liquidated...
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Proshares’ Bitcoin ETF sees $1B in first day volume, BTC price hits new high, and Coinbase partners with NBA and WNBA: Hodler’s Digest, Oct. 17-23
[ad_1] Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bitcoin officially hits...
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CME Bitcoin futures open interest hits 8-month high, greater than when BTC price was at $65K
[ad_1] Open interest (OI) for Bitcoin (BTC) Futures trading on the Chicago Mercantile Exchange (CME) inched toward a new record high Thursday as BTC reclaimed its five-month high of $58,550 on BitStamp. The total number of outstanding derivatives contracts on CME Group’s Bitcoin Futures market reached $3.22 billion, according...
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Bitcoin price pushes through $51K, extending bulls’ short-term target to $56K
[ad_1] The early morning momentum that pushed Bitcoin (BTC) above $50,000 on Oct. 5 continued throughout the day after bulls took control of the market and bid the price of BTC up near the $51,900. Data from Cointelegraph Markets Pro and TradingView shows that after a brief period of...
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Why Is XRP Price Holding onto Yearly Gains despite Ripple’s Legal Issues?
[ad_1] XRP as a cryptocurrency keeps catching the attention of global companies, as the firm behind the blockchain, Ripple, is broadening its business fronts within the sphere. As a digital asset, it remains in sixth place in the ranking of the largest cryptos by market capitalization, with a figure...
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Bears intend to pin Bitcoin price below $42K until Friday’s $700M expiry passes
[ad_1] Bitcoin (BTC) has been trading in a descending pattern since the strong $53,000 rejection that occurred on Sept. 7, and the $3.4 billion futures contracts liquidation along with China’s ban on crypto trading appear to have severely impacted traders’ morale. Adding to the negative sentiment, major crypto exchanges...
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