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The SEC is targeting lawsuits against major digital currency exchanges Cryptocurrencies have been under pressure recently as a result Meanwhile, Bitcoin is testing a key technical area Last week, the...
Crypto market analysis of June 14th, 2023:Bitcoin continues to fluctuate sideways after the U.S. CPI reading for the month of May gave markets a mixed impression. Even though the headline CPI...
The crypto market is again under pressure ahead of a critical week Bitcoin, Ethereum need to hold onto support levels Or else, selloff risks will continue to persist Cryptocurrency markets are...
US stocks rallied last week after the Senate passed a bipartisan deal to extend the $31.4 trillion debt ceiling. At the same time, the US Bureau of Labor and Statistics job report for...
Both Bitcoin and Ethereum tested their resistances last week However, bulls failed to gather necessary momentum for a breakout Both cryptos should look for a new test of the resistances this...
A look at the major recent Bitcoin developments over the last few weeks.Over the past month, Bitcoin has been consolidating within a tight range amid record-low volatility. The flagship cryptocurrency...
Today there is a lot of focus on the US data, especially the US ADP number, which is expected to print a solid reading, which would mean that the US dollar index may pick up more strength. Bitcoin...
Last week, Bitcoin held onto support at $26,500 Meanwhile, Ethereum broke its downtrend, surging above $1,900 Both cryptos recently bounced off the support area, now eyeing critical resistance...
Cryptocurrency markets remain in a tight range as US default risk looms Bitcoin, Ethereum have traded on significantly low volumes Ethereum faces selling pressure below $1,850 as Bitcoin moves into...
Decentralized Finance (DeFi) yields have been on a free fall since the crypto market peaked in November 2021. But with the bull market hype cooling down, innovators in the DeFi space are pivoting to a...
At the end of April, we found for Bitcoin: “For now, and in either case, we are looking for marginal lower prices for the short term, then a bounce back to resistance followed by -at least-...
Selling in the cryptocurrency market carried into the new week, with Bitcoin and Ethereum under pressure. Bitcoin's rally from last week was halted while Ethereum tested a key support level after...
The latest trigger for Bitcoin’s rally comes from the First Republic Bank (NYSE:FRC) earnings report and rumors of federal seizure.For a long time, after Bitcoin launched, it was commonplace to...
Two weeks ago, see here, we found for Bitcoin (BTC) “According to the Elliott Wave Principle (EWP) count, our preferred weapon of choice in assessing where the price goes most likely next, BTC...
Gold In the commodity market, gold has started to lose its mojo, and the main reason behind it is its strength is the dollar index. The commodity report by CompareBroker indicates that demand has...