Market Analysis

Bitcoin (BTC), and many other altcoins, have retreated from their high support levels. But could this rally continue to the point that traders are confident that there is a bottom?  Bloomberg Intelligence senior commodity strategist Mike McGlone said that Bitcoin’s price is “about 30% below its 20-week moving average,” roughly at the same position, which
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Since 2022, the pain trade is an unsightly sight on the cryptocurrency market. In the last 24 days, Bitcoin (BTC), altcoins prices have dropped. This has led some analysts to believe that there may be a bearish market. Despite traders being concerned that another prolonged crypto winter may be coming, investors can take advantage of
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Bitcoin (BTC), as well as most other altcoins, continues to be a bloodbath. On Jan. 21, there was a $200 billion drop in market capitalization.  A new report by Huobi Research, in collaboration with Blockchain Association Singapore, forecast Bitcoin to enter a bear market in 2022. The U.S. Federal Reserve, other central banks around the world,
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Every Saturday Hodler’s DigestThis will allow you to keep track of every important news story from 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 of the Week NFT-focused Animoca Brands valued At $5B after $358M Raised
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Are future prices written in stars? Maren Altman is a presciently named cryptocurrency expert who blends astrology with day trading crypto to create a winning combination. Princeton University professor Burton Malkiel published the book “Burt Malkiel’s Book” in 1973. Random Walk down Wall Street in which he famously states that a “blindfolded monkey throwing darts
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Bitcoin’s (BTC) volatility has been shrinking in the past few days. The Bitcoin Volatility Index calculates the standard deviation of daily Bitcoin returns over the past 30 and 60 days. This is the lowest volatility it has been since November 2020. In general, price expansions follow tight ranges. In 2020, the November low volatility was
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The popularity of nonfungible tokens has skyrocketed over the past 2021, as more people became interested in projects like CryptoPunks or Bored Ape Yacht Club. But these digital images are just a small part of the amazing NFT technology that is possible.  Propy is a project that aims to expand the functionality of NFTs beyond
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Coming each Saturday, Hodler’s Digest will enable you to observe each single essential information story that occurred this week. The most effective (and worst) quotes, adoption and regulation highlights, main cash, predictions and far more — every week on Cointelegraph in a single hyperlink. Prime Tales This Week Binance CEO CZ is the richest crypto
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An ex-member from the Tongan parliament is behind a proposal that Bitcoin (BTC), will be legal tender in Tonga, a tiny Pacific nation. It follows El Salvador’s footsteps. It’s due for a vote in Parliament in May and the early signs are encouraging. Mataʻiʻulua ʻi Fonuamotu, Lord Fusitu’a told Cointelegraph that plans are in motion
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Crypto traders were once more affected by market volatility on January 13. The excitement surrounding Bitcoin (BTC), which reached its highest level in one week, was quickly dampened by a correction that pushed the cryptocurrency back to the mid-$45,000 mark.  Data from Cointelegraph Markets Pro and TradingView shows that after reaching an intraday high of
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Bitcoin (BTC), as well as most other altcoins, seem to have begun a relief rally. According to Glassnode data, Bitcoin addresses that have a balance above zero have increased to 40 million. This indicates increasing adoption by retail traders. Ric Edelman, founder of Edelman Financial Engines, stated that Bitcoin ownership could increase from 24% to
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