Tag: Rally

Bitcoin Price Could Possibly Rally Provided These Levels Are Crossed

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Bitcoin price has been defeated by the bears after it traded around the $20,000 mark for quite some time. Over the last 24 hours, the coin fell by 2.1% and in the past week Bitcoin price lost close to 5% of its value. At the current moment, the coin was trading at the $19,000 price level. The price of the asset has been directly tied to the U.S Federal Reserve hiking the interest rates. Bitcoin similarly continued to face selling pressure on its chart. The technical outlook continued to demonstrate…

Cardano (ADA) eyes 15% rally despite Charles Hoskinson’s fear over ‘macro factors’

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Cardano (ADA) will undergo a major network update called “Vasil” on Sept. 22, potentially making its blockchain more scalable and cheaper. Nonetheless, the news has failed to spark any decisive upside momentum in ADA’s market. Macro factors weigh on ADA’s best upside scenario In detail, ADA’s price has risen approximately 3.5% to $0.51 since the Vasil launch announcement, including a circa 14% rally followed by its near-perfect wipeout. In other words, traders initially bought the Vasil hype but were quick to exit markets, as illustrated by the price action below.…

BEST 3 CRYPTO INVESTMENTS (BIG GAIN POTENTIAL)! Cathie Wood & Snoop Dogg Crypto Investment ADVICE!

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Ark Invest CEO Cathie Wood & Music Icon Snoop Dogg on Why They Are So BULLISH on Bitcoin, Ethereum, NFTs, Crypto, & Web3! Hit Like, Share, and Subscribe for more daily cryptocurrency news Altcoin Daily, the best cryptocurrency news media online! What question should we ask Michael Saylor? 👇 Follow us on Twitter: Timestamps: 0:00 – Cathie Wood (Ark Invest) Investing in These 3 Crypto Verticals 0:45 – Cathie Wood is investing in Bitcoin 1:09 – Cathie Wood is investing in ethereum…

Bitcoin price hits 10-week low amid ‘painful’ US dollar rally warning

Bitcoin (BTC) provided a long awaited breakout into Sept. 7 as BTC price action dashed bulls’ hopes of a recovery. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $23,000 relief bounce “still likely” says trader Data from Cryptox Markets Pro and TradingView captured snap losses for BTC/USD later on Sept. 6, with overnight lows coming in at $18,540 on Bitstamp. The pair put in its lowest levels since June 30, taking liquidity from the July floor and only marginally recovering on the day. BTC/USD 1-day candle chart (Bitstamp). Source: TradingView Downside…

Top Exchanges Mark Readiness For Vasil, Can Cardano Rally To $1?

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The Cardano Vasil hard fork is currently the second most anticipated upgrade in the crypto space, right behind the Ethereum Merge. This hard fork is just as important to the Cardano network as it not only improves the experience of developing on the network, it also strengthens the security of the blockchain. September has now been set as the month of the hard fork, and the most recent announcement from IOG shows that the network is almost there. Top Exchanges Getting Ready For Vasil Previously, IOG, the developer behind the…

Ethereum Classic books 12% rally as mining support for ETC gains pace

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Ethereum Classic (ETC) price rallied on Sept. 5 on back-to-back positive reports concerning its adoption among crypto miners. Top mining pool supports Ethereum Classic On the daily chart, ETC’s price surged 14.5% to nearly $37.25 per token. Its massive gains came days after BTC.com, a blockchain explorer and crypto mining pool, launched a specialized Ethereum Classic pool with “zero-fee” mining for three months. ETC/USD daily price chart. Source: TradingView The announcement appeared after “the Merge,” a long-awaited network update that would switch Ethereum’s energy-intensive proof-of-work (PoW) protocol to a “cost-efficient” and…

Ethereum Nears Another Milestone Ahead Of Merge, Rally Incoming?

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Ethereum has been hitting different milestones in the last year. However, with the announcement of a set date for the move to proof of stake, aka the ‘Merge,’ there has been a flurry of activity on the network, pushing it towards even more impressive records. This time around, the milestone has come in the form of the total number of unique active addresses on the network.  Nearing 205 Million The rate at which new unique and distinct Ethereum addresses are being added to the network has seen an incredible push.…

Bitcoin Whales Sold August Rally, Will BTC Price Trend Lower?

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Bitcoin is trending sideways into the long U.S. weekend with the price of BTC compressing around $19,500 and $20,500. The support around the lower zone of this range might be tested as the number one cryptocurrency struggles to preserve its current levels. At the time of writing, Bitcoin (BTC) trades at $19,900 with a 1.4% profit over the past 7 days and sideways price action in the last 24 hours. BTC’s price is heavily underperforming other cryptocurrencies as Ethereum (11%), Cardano (14%), and Polkadot (10%), recorded significant profits over the…