Tag: High

ATOM Hits 4-Month High, NEAR up 10% on Thursday – Market Updates Bitcoin News

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Cosmos moved to a four-month high in today’s session, as crypto markets rebounded following Wednesday’s sell-off. Prices of the token broke out of a key resistance point this afternoon, reaching the milestone. Near protocol was another notable mover, as it hit a three-week high. Cosmos (ATOM) Cosmos (ATOM) raced to a four-month high this afternoon, as prices of the token broke out of a key price point. Following a low of $11.98 on Wednesday, ATOM/USD rose by nearly $2.00 in today’s session, hitting a high of $13.92 in the process.…

Ethereum Sets New 2022 High Against Bitcoin

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The Ethereum Merge is fast approaching, and the anticipation around the upgrade has led to some interesting happenings in the crypto sector. It has propelled the price of the digital assets to new highs, even with the downtrend, holding its value better than most of the market. Ethereum has now marked another new high ahead of its long-awaited Merge. This time around, it is a win against the largest cryptocurrency, Bitcoin. ETHBTC Touch New Highs Ethereum versus Bitcoin is a never-ending contest that has put the two communities at odds.…

How high transaction fees are being tackled in the blockchain ecosystem

High transaction fees have been a long recurring issue for users on popular blockchain networks like Ethereum and Bitcoin during periods of increased demand. However, there are protocols, platforms and methods that help users to reduce costs. What are transaction fees? Transaction fees are fees that users pay to send a transaction or interact with a smart contract on a blockchain network. While gas fees can refer to transaction fees on any blockchain, the term is mainly used to describe the Ethereum network transaction fees. Transaction fees are paid in…

Bitcoin ‘bear flag’ breakdown targets $15K as US dollar hits 20-year high

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On Sept. 6, Bitcoin (BTC) price crumbled below $20,000 and the asset looks ready to undergo further decline in September due to a strong U.S. dollar and an ominous technical analysis pattern. Bitcoin eyes $15,000 next From a technical perspective, Bitcoin risks dropping to $15,000 or below in the coming weeks after breaking out of its prevailing “bear flag” pattern. For the unversed, bear flags form when the price consolidates higher inside a parallel, ascending range after a strong downtrend. They typically resolve after the price breaks below the lower…

Ethereum Classic Hashrate Taps All-Time High Nearing 50 TH/s Ahead of The Merge – Mining Bitcoin News

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Ethereum Classic’s hashrate surpassed the 40 terahash per second (TH/s) region last Wednesday and four days later, the network’s hashpower reached an all-time high (ATH) at 48.82 TH/s on September 4. Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS) is expected to take place eight days from now, and a great deal of hashrate has left the crypto asset’s network during the last few days. Ethereum Classic’s Hashrate Runs Hot Skyrocketing Toward 50 Terahash The sibling blockchain of Ethereum, known as Ethereum Classic, has been reaping the benefits of Ethereum’s…

ADA Rebounds, While FIL Hits 2-Week High on Saturday – Market Updates Bitcoin News

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Despite a largely volatile session, there have been a few tokens which managed to evade the red wave. Cardano rose to its highest level in over a week to start the weekend, as prices moved toward a key resistance level. Filecoin was another notable gainer, climbing by over 12% on Saturday Cardano (ADA) Cardano (ADA) was back in the green on Saturday, as the token rallied following recent declines in price. Following a low of $0.4499 on Friday, ADA/USD surged to an intraday high of $0.4769 to start the weekend.…

Lido DAO Continues With Strong Bullish Bias, How High Can Price Go?

The price of Lido DAO (LDO) has shown so much strength despite the downtrend across the market, with Lido DAO (LDO) eyeing a rally to its all-time high of $4. Bitcoin’s (BTC) price has shown a little strength bouncing off from key support, leading to most crypto assets popping out from their shell. (Data from Binance) Lido DAO (LDO) Price Analysis On The Daily Chart  LDO token price has shown so much strength creating a higher high after hitting a daily low of $1.6; the price bounced off from this…

MATIC Moves to 2-Week High, as Market Volatility Eases – Market Updates Bitcoin News

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Polygon was a notable mover on Friday as the token surged to a two-week high, while volatility in crypto markets eased. Traders have been tense this week ahead of the payrolls report, however following the release of the data, bulls returned to action. Chainlink also rose, hitting a ten-day high in the process. Polygon (MATIC) Polygon (MATIC) was one of Friday’s big gainers, as the token rallied by as much as 7% in today’s session. Following a low of $0.8342 on Thursday, MATIC/USD moved closer to $1.00 today, as prices…

Bitcoin hits new September high on US payrolls, G7 Russian energy cap

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Bitcoin (BTC) passed $20,400 for the first time this month on Sept. 2 as United States economic data outperformed expectations. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Declining dollar accompanies BTC price rebound Data from Cointelegraph Markets Pro and TradingView showed BTC/USD approaching $20,500 after the Wall Street open, marking new highs for September. The pair had responded well to U.S. non-farm payroll data, which in August showed inflows dropping less than expected. A further boost came from news that the G7 had agreed to implement a price cap on…

Bear Market Who? Data Shows High Conviction In BTC And ETH

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This is the weirdest bear market to date. It seems like most people were prepared for it, even though the death spirals and Chapter 11 bankruptcies that started it came out of nowhere. In any case, every coin is in the red. The market should be in a state of fear, uncertainty, and doubt. That is certainly not the case for the two leading cryptocurrencies. The circumstances might be different for each one, but both markets show signs of unwavering conviction.  Long-time holders of bitcoin and ethereum seem to be…