Tag: Analysis

Bitcoin must defend these price levels to avoid ‘much deeper’ fall: Analysis

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Bitcoin (BTC) may be attempting to flip $30,000 to support on May 19, but for one group of analysts, attention is focused firmly on a fresh drop. In a tweet on the day, on-chain monitoring resource Whalemap defined the support levels Bitcoin bulls must defend to avoid fresh significant losses. Whales dictate “do or die” BTC price support Bitcoin’s current “no man’s land” price behavior has commentators split on whether the next decisive move will be up or down. While some are calling for $32,000 or more next, many argue…

WARNING ETHEREUM HOLDERS (price target)!! Ethereum Price Prediction 2022 & Ethereum News Today (ETH)

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io WARNING ETHEREUM HOLDERS (price target)!! Ethereum Price Prediction 2022 & Ethereum News Today (ETH) Welcome back to the Crypto World! In this video I reveal my next Ethereum Price Targets and my Ethereum Strategy (Ethereum Technical Analysis Today)! Is Ethereum the best crypto to buy now? Comment below! And leave a LIKE and SUBSCRIBE for more videos like this! ๐ŸšจNEW: My Complete Technical Analysis Course ๐Ÿ‘‰ ๐Ÿ‘ˆ โ–บ I trade on Bybit ๐Ÿ‘‰ ๐Ÿ‘ˆ (NEW $4,100 BONUS)* ๐Ÿ”ฅ Register with my link…

Onchain Analysis Report Says Terra’s Bitcoin Reserves Were Sent to Binance and Gemini โ€“ Bitcoin News

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After the collapse of Terraโ€™s once-stable coin terrausd (UST), a number of people wondered where the Luna Foundation Guardโ€™s (LFG) bitcoin went, as the funds were supposed to be used to defend the USTโ€™s $1 parity. On Friday, the blockchain intelligence and analytics firm, Elliptic, published a blog post that summarizes where the bitcoin was sent, according to the firmโ€™s network surveillance tools. LFG Bitcoin Stash Deposited Into 2 Digital Currency Exchanges According to Ellipticโ€™s Blockchain Analytics Software While reflecting on the recent crypto market chaos and the Terra stablecoin…

How long will the crypto bear market last? Raoul Pal’s macro analysis

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Macro investor Raoul Pal is convinced that the current crypto bear market will end only once the Fed eases its hawkish monetary policy by halting interest rate hikes. That could happen in the next couple of months, according to Pal’s predictions.ย  โ€œThe Fed are unlikely to raise rates as far and as fast as people expect. My guess is they probably stop raising rates sometime in the summer and that will be it,โ€ he said in an exclusive interview with Cointelegraph. Pal sees the combination of high interest rates and…

Doge gets more love on Twitter and Ethereum gets more hate: Data analysis

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Ethereum has taken out the top spot on Twitter as the most hated of five cryptocurrencies studied, while the meme-token Dogecoin is the most liked. The findings emerged from a new report by TRG Datacenters that analyzed a year’s worth of tweets between Jan. 2021 to Jan. 2022, concerning five of the most popular cryptocurrencies to figure out which digital assets were the most emotionally stirring on Twitter. According to the analysis โ€” which looked at Bitcoin (BTC), Cardano (ADA), Dogecoin (DOGE), Ethereum (ETH) and Litecoin (LTC) โ€” Ethereum was…

Chile puts CBDC plans on hold until end of 2022 to undertake more analysis

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The Central Bank of Chile has delayed its plans for a central bank digital currency (CBDC) saying the issuance of a digital Chilean peso requires a deeper analysis of the benefits and risks, promising a new report towards the end of the year. A report from the bank published on May 11 included a preliminary evaluation of a Chilean CBDC and explored the countryโ€™s current payment system along with the benefits, risks, and principles of issuing a digital peso. The bank stated whilst the current payment system โ€œworks adequatelyโ€ and…

Price analysis 5/9: BTC, ETH, BNB, XRP, SOL, ADA, LUNA, DOGE, AVAX, DOT

BTC and many altcoins are fast approaching the โ€œcapitulation phase,โ€ which is typically followed by the market finding a bottom. Global equity markets extended their decline on May 9 and the S&P 500 fell to a new 52-week low. Bitcoin (BTC) dropped to a new year-to-date low and most major altcoins extended their decline as they tracked the weakness in the stock markets. Data from blockchain analytics firm Glassnode shows that Bitcoin inflows to centralized exchanges have risen to more than 1.7 million coins, the highest since February. This suggests…

Price analysis 5/4: BTC, ETH, BNB, SOL, XRP, LUNA, ADA, DOGE, AVAX, DOT

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Bitcoin and most altcoins could remain volatile in the short-term due to the Fedโ€™s decision, warranting caution from traders. Investors across the world are waiting for the outcome of the Federal Open Market Committee meeting on May 4. Although markets expect a 50 basis point rate hike and an announcement by the Fed to start shrinking its balance sheet from June, it is difficult to predict how the markets will react to this trigger. Billionaire investor Paul Tudor Jones in an interview with CNBC said that the U.S. was entering…

$3.6 BILLION BITCOIN HACKED (explained)!! Bitcoin News Today & Bitcoin Price Prediction after Crash

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io $3.6 BILLION BITCOIN HACKED (explained)!! Bitcoin News Today & Bitcoin Price Prediction after Crash Welcome back to the Crypto World! In this video I reveal my next Bitcoin Price Targets and my Bitcoin Strategy (Bitcoin Trading for Beginners)! Is Bitcoin the best crypto to buy now? Comment below! And leave a LIKE and SUBSCRIBE for more videos like this! ๐ŸšจNEW: My Complete Technical Analysis Course ๐Ÿ‘‰ ๐Ÿ‘ˆ โ–บ I trade on Bybit ๐Ÿ‘‰ ๐Ÿ‘ˆ (NEW $4,100 BONUS)* ๐Ÿ”ฅ Register with my link…

Price analysis 5/2: BTC, ETH, BNB, SOL, XRP, LUNA, ADA, DOGE, AVAX, DOT

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BTC and altcoins are holding at their current support levels, but this weekโ€™s comments from the Federal Reserve could be a determining factor in short-term price action. The U.S. equity markets opened on a tentative note on May 2 but a minor positive is that the crypto markets led by Bitcoin (BTC) are holding above their immediate support levels. The price action over the next few days will be dictated by the outcome of the Federal Open Markets Committee (FOMC) on May 4.ย  If the Fed springs a negative surprise,…