‘Something sure feels like it’s about to break’ — 5 things to know in Bitcoin this week

Bitcoin (BTC) starts a new week in an uncertain place facing uncertain times — is $40,000 now resistance? The largest cryptocurrency has just closed a fourth red weekly candle in a row, something that has not happened since June 2020. As cold feet over the macro market outlook continues to be the norm, there seems […]

BTC and ETH will break all-time highs in 2022 — Celsius CEO

During the recent Paris Blockchain Week Summit, Cointelegraph’s Joseph Hall sat down with Alex Mashinsky, CEO of Celsius Network, to talk about several topics, including where the Bitcoin and Ether markets are going.  According to Mashinsky, Bitcoin (BTC) received very strong support at around $30,000 to $33,000. The entrepreneur believes that Terra’s recent BTC purchase played a significant […]

Monero, Kyber Network and Tornado Cash break out as traders pile into privacy protocols

Stocks and cryptocurrencies saw a notable bounce on March 9 even though war, rising inflation and historically high oil prices have investors uncertain about the future. Bitcoin (BTC) price surged to $42,600 in the early trading hours and several altcoins followed suit with double-digit gains. Top 7 coins with the highest 24-hour price change. Source: […]

Bitcoin Set to Break $10,000 as Dollar Dips to Three-Month Lows

Bitcoin experienced a brief bull run above $10,000 on Wednesday. The cryptocurrency dipped back below $10,000 due to $14 million worth of shorts liquidations on BitMEX. Nevertheless, BTC/USD retained its upside target towards $10,000 as the Federal Reserve’s commitment to keeping interest rates near zero until 2022 drove the U.S. dollar to its three-month lows. […]

Elrond Will Pay You $60,000 to Break Its Blockchain

Can build a better blockchain by paying people to burn one down? Beniamin Mincu, Transylvanian chief executive and founder of the Elrond Network, is in the midst of a 15-day campaign to do just that. Nearly two years after first revealing his “secure proof-of-stake” sharding protocol in a technical white paper, Mincu and Elrond’s now […]

Bitcoin Struggling to Break $10,000, But Is Bearish Bias Warranted?

The price of Bitcoin (BTC) has been trying to break above the psychological barrier of $10,000. However, during the week, it failed to go through this resistance. This “fakeout” caused a significant portion of the market to shift from a bullish bias to a bearish bias. Is such a bias shift warranted in the current […]

First Mover: ECB Stimulus May Offer Market Hope After Bitcoin Fails (Again) to Break $10K

As bitcoin struggles to break out of the range it’s largely been stuck in for more than a month, some investors are looking ahead to Thursday’s European Central Bank meeting for fresh monetary stimulus that might underscore the cryptocurrency’s potential as an inflation hedge.  Prices for bitcoin shot up 8% on Monday to a three-month […]

Bitcoin’s Break Below a Key Level has Opened the Gates for a Move to $5,900

Following an extended bout of sideways trading within the $9,000 region, Bitcoin has now firmly broke below this range as it trades around $8,800 Although the crypto has ardently defended its near-term support, its technical outlook does appear to be rapidly degrading Some analysts are even noting that its latest breakdown has opened the gates […]

Ethereum Is Pushing Key Resistance Levels — and It’s Unlikely to Break Through

It’s been a tough week for all cryptocurrencies, Ethereum included. Investors at the start of this week were expecting this nascent market to push to new yearly highs, but their perspective quickly changed when most digital assets plunged by 10% over the course of two days. The dump coincided with fears that Satoshi Nakamoto — […]

Bitcoin Traders Now Eye $6-7Ks After 4 Failed Attempts to Break $10K

Since May 20 Bitcoin (BTC) price has dropped nearly 10%, shifting traders’ focus from taking out the $10K resistance to now holding above the all-important $8,800 support.  The short-term bearish trend took hold after the top-ranked crypto-asset on CoinMarketCap experienced repeated rejections near the $10K mark, which took the form of higher lows at $9,942, […]