Market Analysis

Bitcoin (BTC) has hit a new all-time high in United States dollars as a long-awaited surge pushes BTC/USD into price discovery. Bitcoin back in price discovery Data from Cointelegraph Markets Pro and TradingView showed Bitcoin breaching the $64,900 ceiling in place since April. On the second day of trading for the hugely popular ProShares Bitcoin

Ethereum’s native token Ether (ETH) is likely to hit its own record high in the short term as ETH has broken above $4,000, a crucial resistance level. Ethereum breaks $4,000, nearing new all-time high ETH price rallied on Oct. 20 by over 5% to approach $4,100 on the Coinbase exchange for the first time since

Cardano (ADA) has formed a deadly “death cross” on its daily chart against Bitcoin (BTC) — a market signal that’s generally seen as a warning of more downside in the near term. The ominously-titled indicator kicks in when an asset’s short-term moving average closes below its long-term moving average. In doing so, it calls for

Bitcoin (BTC) hit $63,000 on Oct. 19 as the debut of the first regulated Bitcoin exchange-traded fund (ETF) saw solid uptake. ETF launch sparks six-month BTC highs Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting its highest levels since April 16 as the ProShares Bitcoin Strategy ETF began trading under the ticker BITO on

The growth of layer-two protocols has been one of the major stories of 2021 as the rising popularity of decentralized finance (DeFi) and nonfungible tokens (NFT) have driven transaction costs higher on the Ethereum (ETH) network effectively pricing out many participants.  Earlier this year the Polygon network, formerly known as MATIC, emerged as one of

Bitcoin (BTC) simply refuses to die this week as a dip below $60,000 barely lasts an hour and bears are burned yet again. After a fairly calm weekend, Sunday saw a typical drawdown before a dramatic resurgence took place for BTC/USD just an hour later. With that, Bitcoin has preserved not only its bullish trajectory

Bitcoin (BTC) is now free to surge not only to existing all-time highs but beyond, analysts have said. Analyzing orderbook data on Oct. 15, monitoring resource Whalemap revealed that Bitcoin had already beaten all major resistance levels. Bitcoin is already moving in thin air  With $60,000 hitting for the first time since April, the odds

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Binance to launch $1B fund to develop BSC ecosystem Binance,

The United States Securities and Exchange Commission, or SEC, is expected to rule on Oct. 18 whether to approve an application from asset manager ProShare Capital Management for a Bitcoin exchange-traded fund (ETF).  As previously reported by Cointelegraph, SEC Chairman Gary Gensler recently suggested that the regulator is more inclined to approve indirect-exposure Bitcoin futures

Traders and the market are showing extreme optimism on Oct. 15 after rumors and an assortment of documents suggest that the path toward a Bitcoin ETF approval has fewer obstacles lying ahead. Following the positive news, the price of Bitcoin (BTC) rallied to nearly $63,000 for the first time since April and multiple altcoins saw their

Bitcoin (BTC) may have hit highs of $60,000, but calculations suggest that the price level will matter much more to bears, not bulls. In a tweet on Oct. 14, popular Twitter account TechDev again highlighted historical data which has so far accurately tracked Bitcoin’s highs and lows. How about an 80% BTC price crash to…

On Oct. 14, bulls flexed their muscles and showed their intent to push the price of Bitcoin (BTC) closer to its $65,900 all-time high. One reason for the move is the steady chatter about the possibility of a Bitcoin exchange-traded fund (ETF) being approved by the end of October.  Data from Cointelegraph Markets Pro and TradingView

Bitcoin (BTC) challenged brand-new support levels on Oct. 14 after overnight successes took the market past $58,000  Bitcoin “dips” to near $57,000 Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it reversed towards $57,000 after hitting highs of $58,540 on Bitstamp. The moves mimicked the first time Bitcoin had attacked $58,000 in February —

Everyone is talking about a six-figure Bitcoin (BTC) price now that the digital asset has broken out of its multi-month downtrend and confirmed that a bullish trend is in play.  If Bitcoin happens to enter a parabolic move toward $110,000, that would finally match PlanB’s Stock-to-Flow model prediction. According to the pseudonymous analyst, the scarcity

Bitcoin (BTC) saw a widely anticipated pullback on Oct. 13 as bulls struggled with February’s old all-time highs. Analysts unfazed by BTC’s price pullback Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reversing from five-month highs to briefly wick below $54,000 on Bitstamp. After recovering to around $55,000, the pair looked choppy on Wednesday with

Bitcoin (BTC) liquidity is changing — and it could mean that hodlers will get a fresh “buy the dip” opportunity. As noted by on-chain analyst Material Scientist on Oct. 12, orderbook movements are now repeating behavior from August. Orderbook data boosts bull case What was Bitcoin’s initial “renaissance” month after hitting mid-cycle lows of $29,000,