Market Analysis

Bitcoin (BTC) pulled off an impressive double-digit rally this year, but the digital asset has been struggling to break the $45,000 resistance lately. This level does not hold any historical importance because it has been easily breached multiple times. The same can be said for Bitcoin’s $850 billion capitalization, which isn’t anywhere close to silver’s

The price of Solana (SOL) may rise by over 45% in the coming weeks as the cryptocurrency intends to complete a double-bottom chart pattern against the U.S. dollar. A $150 SOL ahead? Double-bottoms typically appear at the end of a downtrend when the price falls to a low, rebounds, and returns to the level near

Bullish optimism returned to the cryptocurrency market on March 1after a majority of tokens turned green and Bitcoin bulls telegraphed their intention to hold the $40,000 level as support going forward. Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin (BTC) has surged 20% from a low of $37,409 on Feb.

Bitcoin (BTC) checked its latest gains at the Wall Street open on Mar. 1 as bulls sought to defend $44,000 highs.  BTC weekly gains hit 17% Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it declined from its local peak of $44,980 on Bitstamp at the opening bell. The second day of trading with

Bitcoin (BTC) got a boost from the start of Wall Street trading Feb. 28 as U.S. stocks opened to a defining week for markets amid geopolitical tensions. Traders eye BTC exit beyound $40,000 Data from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking to $40,560 on Bitstamp after the opening bell Monday. The move concluded what

Bitcoin (BTC) rallied above $41,000 on Feb. 28 in a new sign of buying sentiment returning after last week’s brutal selloff across the risk-on markets, including the S&P 500. BTC’s price jumped by over 9% to reach $41,300 in part as traders reacted to the ongoing development in the Russia-Ukraine crisis. In doing so, the

Bitcoin (BTC) and altcoin trading volumes have surged at a major Ukraine cryptocurrency exchange in the aftermath of Russia’s invasion, data shows. According to monitoring resource CoinGecko, on Feb. 24, volume at Kuna almost trippled to over $4 million. Crypto on the radar of Ukrainians As the armed conflict with Russia began, the impact on

Buyers returned to the Bitcoin (BTC) market, locating interim upside opportunities as the price rebounded to nearly $40,000 on Feb. 25, gaining 16% in less than 24 hours.  Investors bulk up Bitcoin holdings The number of Bitcoin addresses with a balance greater than 0.01 BTC (~$400) reached a record high of 9.51 million, the latest

A rebound rally in the Terra (LUNA) market this week risks exhaustion as the price retests a key trendline for a potential pullback. Descending channel risks LUNA decline LUNA has been trending lower inside a falling channel—made up of two parallel descending trendlines—since December 2021. In doing so, the Terra token typically tests the lower

Global financial markets and crypto markets were pummeled over the past 24-hours as the invasion of Ukraine by Russian forces sent investors scrambling and sell-offs took place across most asset classes. Data from Cointelegraph Markets Pro and TradingView shows that the price of Bitcoin (BTC) hit a low of $34,333 in the early trading hours

Robert Gryn is a serial entrepreneur who has built a high-tech Metaverse scanner which he hopes will act as a portal from our physical reality into the Metaverse. It is no secret that the physical world is beginning to merge with the digital, and that blockchain is serving as the arbiter of reality in many

There has been a lot of focus on the performance of the stock and cryptocurrency markets over the past year or two as the trillions of dollars that have been printed into existence since the start of the Covid pandemic have driven new all-time highs, but analysts are now increasingly sounding the alarm over warning

Bitcoin (BTC) checked its latest advance on Feb. 23’s Wall Street open as Russia repercussions continued to play out.  Stocks sour crypto recovery Data from Cointelegraph Markets Pro and TradingView showed BTC/USD falling back towards the $38,000 mark during Feb. 23, having earlier reached $39,200 highs. Pressure from the Russia-Ukraine conflict remained an ever-present threat to

The ongoing tensions between Russia and Ukraine continue to be the dominant news story on Feb. 22 as Bitcoin (BTC) and the wider global financial tremble under the pressure as the world awaits some form of resolution to the matter.  Data from Cointelegraph Markets Pro and TradingView shows that the price of BTC has traded

Bitcoin (BTC) recovered to $38,000 as Wall Street opened on Feb. 22 amid a tense atmosphere over geopolitical instability.  Bitcoin tiptoes around macro cues Data from Cointelegraph Markets Pro and TradingView showed an eerily calm start to the first Wall Street session of the week for both stocks and crypto. Fears had been high of a

One of the most significant transitions to occur for the cryptocurrency ecosystem since the launch of Bitcoin (BTC) has been the increasing dominance of proof-of-stake (PoS) protocols over the proof-of-work (PoW) model, primarily due to energy requirements of the PoW model and growing concern over its environmental impact.  As more projects launch or transition to