Tag: Market

Bitcoin rebound faces resistance amid market uncertainty

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Bitcoin dropped nearly 11% in January, extending its losing streak to four months, the longest since 2018, amid broader market turbulence. As gold also faces a steep decline, opportunistic investors are eyeing the dip. Summary Bitcoin’s price remains below $80,000, as the crypto market continues to struggle amidst a broader market downturn. While U.S. stock markets showed modest gains, oil prices plunged and gold retreated from its all-time highs. Technical indicators and market sentiment suggest Bitcoin’s recovery could be a bull trap, with a potential further decline to $70,000 if…

Hyperliquid Announces Support for ‘Outcomes’ Prediction Market Contracts

Key Notes The HyperCore upgrade introduces fully collateralized contracts settling within fixed ranges for prediction markets. Testing phase precedes mainnet launch of canonical markets based on objective settlement sources. HYPE token surged 8% on announcement, trading at $33.68 before stabilizing around $33.00. Hyperliquid has announced an upgrade to the HyperCore engine which adds the new “HIP-4” protocol and support for “Outcomes” prediction market contracts. Per a Feb. 2 post on twitter.com from the official Hyperliquid account, Outcomes are fully collateralized contracts that settle within a fixed range. These contracts can…

While Bitcoin’s market Crashes, Theo4 Is Quietly Dominating Polymarket

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My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for…

3 Tokens Lead Gains Amid Crypto Market Drop

Key Notes The crypto market fell to extreme fear conditions again amid a market-wide bloodbath. Despite the downtrend, Stable, MYX Finance and MemeCore recorded notable gains. Four key macro events in the US will expectedly impact the financial markets this week. While the leading cryptocurrencies like Bitcoin BTC $77 615 24h volatility: 0.9% Market cap: $1.55 T Vol. 24h: $83.19 B and Ethereum ETH $2 278 24h volatility: 4.6% Market cap: $274.90 B Vol. 24h: $54.02 B brought increased selling pressure to the market, tokens like Stable (STABLE), MYX Finance…

Crypto Market to See $638M in Token Unlocks as Altcoin Market Continues Bleeding

Key Notes The market is set to see $638 million in token unlocks this week. HYPE leads in one time releases, with over $300 million worth of tokens entering circulation. The altcoin market has broken below the neckline of a weekly head and shoulders pattern. Over $638 million in token supply is scheduled to enter the crypto market over the next seven days, according to data from Tokenomist. The upcoming releases arrive as the altcoin market remains under pressure with thin liquidity and weak buyer interest. Tokenomist data shows several…

One Asset Just Added 20x The Other’s Market Value

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

Bitcoin Adds to Bear Market Worries as $49K Becomes a Target

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Bitcoin (BTC) gained sub-$50,000 ahead of Sunday’s weekly close as bulls failed to recover from ten-month lows. Key points: BTC price targets stay bearish as Bitcoin bulls lick their wounds at ten-month lows. CME futures gaps may provide some temporary relief into the new week. Bitcoin is still following the path from earlier bear markets by losing realized price support, says research. BTC price: “So far, history is repeating” Data from TradingView showed BTC price action staying below $80,000 after BTC/USD fell more than 6% the day prior. BTC/USD one-hour…

Bitcoin LTH Supply Rises Again Amid Bearish Market Dynamics

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The Bitcoin market experienced a shockingly dramatic weekend, as opposed to the typical silent price action displayed in previous weekends. On Saturday, January 31st, the world’s leading cryptocurrency seemingly led other crypto assets south of the charts, with its price falling from $84,350 to as low as $75,000 in a single swoop.  As this unfolded, an inversely correlated shift also played out underneath the charts. A recent on-chain evaluation has pointed out that Bitcoin’s Long-term Holder behavior is changing, contrary to what its short-term holders are doing. Long-Term Holders Accumulate…

Bitcoin Adjusted SOPR Shows Market At Pivotal Junction — What’s Next?

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Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…

Bitcoin Bull Market Support Band

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io It is once again time for an update to the Bitcoin bull market support band. For inquiries: Into The Cryptoverse Premium: Into The Cryptoverse Newsletter: LIFETIME OPTION: Alternative Option: Merch: Disclaimer: The information presented within this video is NOT financial advice. Telegram: Twitter: TikTok: tiktok.com/@benjamincowencrypto Instagram: Discord: Facebook: Reddit: Website: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version