Tag: Market Analysis

news-29102024-171620

New Title: Key Resistance Levels to Watch Above $73.7k All-Time High

After nine months of trading within consistent price channels, Bitcoin is threatening to break out above a new all-time high of $73.7k and enter true price discovery. My price channels have been noted for...
news-14102024-193957

Bitcoin Price Surges Past $65K, Analyzing Growth Compared to Previous U.S. Election Cycles

Bitcoin has surged past the $65,000 mark, experiencing a 4% increase in just 24 hours. This rise is attributed to positive movements in the S&P 500 and expectations of stimulus in China. The trading...
news-09082024-165445

XRP’s 7.8% Decline Impacts CoinDesk 20 Performance Update

CoinDesk, an esteemed media outlet covering the cryptocurrency industry, recently experienced a 7.8% decline in XRP's performance, impacting the overall CoinDesk 20 update. This update comes amidst recent changes to their privacy policy, terms...
news-05082024-130640

Bitcoin price plummets to six-month low amid macroeconomic uncertainty

Bitcoin's price has taken a significant hit, dropping to a six-month low of under $50,000 as investors flee from riskier assets in the face of macroeconomic uncertainty. This sudden plunge has sparked panic in...
news-03082024-160837

Bitcoin’s Correlation with Gold Strengthening During Economic Downturns

During times of economic uncertainty, investors often look for safe-haven assets to protect their wealth. In recent years, both Bitcoin and gold have emerged as popular options for investors seeking to hedge against market...
news-03082024-111113

AVAX Price Analysis: $21.73 Support Level in Focus – What’s Next?

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...
news-02082024-220632

Polymarket Surpasses DeFi Giants in Traffic Amid Trump-Harris Election Betting Craze

Polymarket, a prediction market platform, has experienced a surge in website traffic, surpassing other DeFi giants like Uniswap, dYdX, Compound, and GMX. This increase in traffic is mainly due to the growing interest in...
news-01082024-220301

Coinbase Reports Strong Q2 Revenue of $1.45 Billion Despite Transaction Decline

Coinbase recently announced their strong second-quarter revenue of $1.45 billion, surpassing market expectations despite a decline in transaction revenue. This is a significant improvement compared to the same period last year when their total...
news-01082024-121612

Crypto Market Update: Bitcoin Price Drops to $62k Alongside Stock Market Decline

Bitcoin's price took a hit on August 1, dropping to nearly $62,000, its lowest level since mid-July. This decline was part of a broader trend in the cryptocurrency market, with the global market cap...
news-31072024-191711

Polymarket Hits $1B in Bet Trading Volume During US Election Betting Surge

Polymarket, a popular crypto betting platform, has reached a major milestone by surpassing $1 billion in trading volume. This achievement has been fueled by the high interest in the upcoming US presidential election, with...