Market Analysis

Buying Pressure Builds up on Ethereum Network, Pushing Price Above $1,300 Amid Merge News
Market Analysis

Buying Pressure Builds up on Ethereum Network, Pushing Price Above $1,300 Amid Merge News

Ethereum (ETH) experienced notable momentum that drove the price above $1,300 after news of the much-anticipated merge made the airwaves.

Bitcoin Hodlers are Unwilling to Spend at Lower Prices as Most Coins Remain Untouched
Market Analysis

Bitcoin Hodlers are Unwilling to Spend at Lower Prices as Most Coins Remain Untouched

Despite the bearish momentum experienced in the Bitcoin (BTC) market, long-term hodlers remain steadfast because they are not selling.

Bitcoin's Balance on Exchanges Hits a 4-Year Low Amid Traders Becoming Overly Optimistic
Market Analysis

Bitcoin's Balance on Exchanges Hits a 4-Year Low Amid Traders Becoming Overly Optimistic

As Bitcoin (BTC) continues hovering around the $20K area, the balance on exchanges is shrinking.

Bitcoin Dipped below 100-hour MA, Triggering Further Downswing, Analyst Suggests
Market Analysis

Bitcoin Dipped below 100-hour MA, Triggering Further Downswing, Analyst Suggests

Bitcoin dipped below the 100-hour MA, triggering a continuous downswing. Analysts suggest the leading crypto might further drop to a level between $19.3K and $18.6K.

Bitcoin Looks Set to Make the Highest Weekly Surge Since March
Market Analysis

Bitcoin Looks Set to Make the Highest Weekly Surge Since March

Bitcoin (BTC) has been sluggish for the past couple of weeks, but this might change because it is on course for its highest weekly gain since March.

Following a Bullish Breakout, Will Bitcoin Touch $25K Level?
Market Analysis

Following a Bullish Breakout, Will Bitcoin Touch $25K Level?

After experiencing notable back and forth around the psychological price of $20,000, Bitcoin got a sigh of relief after pumping to mid-June levels of $22K.

Bitcoin Pumps to Mid-June Levels following Boris Johnson’s Resignation
Market Analysis

Bitcoin Pumps to Mid-June Levels following Boris Johnson’s Resignation

Bitcoin (BTC) hit the $22K level, a scenario last seen in mid-June after Boris Johnson resigned as the UK prime minister.

Bitcoin Investment Requires a Long-Term Strategy, Says Former Wall Street Stockbroker
Market Analysis

Bitcoin Investment Requires a Long-Term Strategy, Says Former Wall Street Stockbroker

Based on the back and forth experienced in the Bitcoin market, a long-term approach is suggested for investment in the leading cryptocurrency, according to Jordan Belfort, a former Wall Street stockbroker.

Bitcoin Lightning Network Hits ATH, Signalling Heightened Grounds for Adoption
Market Analysis

Bitcoin Lightning Network Hits ATH, Signalling Heightened Grounds for Adoption

The Bitcoin Lightning Network continues going through the roof by making historic highs.

NFT Sales Slide to a 12-Month Low Amid Crypto Meltdown
Market Analysis

NFT Sales Slide to a 12-Month Low Amid Crypto Meltdown

The bloodbath in the crypto market has contributed to sales in the non-fungible token (NFT) sector slipping to a 12-month low, according to crypto analytic firm Chainalysis.