Bitcoin saw its prices sliding by more than 10% within the last seven days. Meanwhile, data shows massive selling strength from Bitcoin miners triggered the downside price movements beneath the critical price zone of $19,000. Bitcoin Miners’ Sell-off Soars A senior CryptoQuant analyst Julio Moreno has claimed that the crypto space hovers in the BTC … Read more
Several variables might affect the efficiency of BTC mining, and these variables have just begun to exert pressure on mining profitability. To make money, miners have to do more work, and the valuation of the cryptocurrency keeps going up, so they don’t make much money from it. Miners need to think about the future from … Read more
Many experts say that the $40K price level for BTC is a good place for it to be. For much of February 2022, BTC was trading above the indicated level; however, new selling pressure from retail traders has dropped Bitcoin to its weakest level in almost two weeks. BTC fell below $40K on Friday, February … Read more
Briefly – SHIB broke out of its descending triangle pattern. The meme token attempts to break past its range high to restart its upswing actions. Shiba Inu has near-term support of around $0.00000760. Yesterday Shiba Inu approached the range high that it traded since 2021 May. If the asset overpowers this zone, it might experience … Read more
The total crypto market cap slumps $120 billion in one day as most digital tokens struggle in the red. After consolidating at the $46,000 level for some days, Bitcoin registers southward moves and plunged below $45K. Most alternative tokens followed the flagship crypto with plummets. However, there are few exceptions. For instance, LUNA gained by … Read more
Solana (SOL) has registered historic bullish moves over the past sessions. The token managed to flip Ripple’s XRP in the crypto ranking amid a bloodbath week for most cryptos. As we approach the weekend, most crypto enthusiasts hope that the bearishness that dominated the cryptocurrency space over the past few days will fade. The total … Read more
Chainlink maintains its uptrends on Tuesday, attaining the 12th position by market cap. That follows the asset’s 40% uptick since last week. While publishing this content, LINK/USD trades around the $35.06 mark. Altcoins have seen massive upticks as the overall crypto market shows positive sentiments. Bitcoin trades beyond the $52,000 level as it indicates enough … Read more
The world’s favorite meme crypto, DOGE, recovers towards the $0.31 levels. David Gokhshtein, an influencer, emphasizes that the recent DOGE upticks are in no way related to Elon Musk. Dogecoin, ranked 8th by market cap and the most favored meme digital coin by the crypto community, has reclaimed the $0.31 price level. While writing this … Read more
As DeFi and NFT use soars, Solana continues to rise through the ranks, dethroning the leading canine-themed coin. Briefly- Solana managed to be the 7th largest crypto by market cap, taking Dogecoin’s spot. SOL has risen meteorically over the past weeks, staying 300% high in one month. SOL is the native token by the Solana … Read more
Bitcoin sees bullishness today as the crypto managed to revisit the psychological price level at $50,000. Conquering the 23.6% Fibonacci will have BTC bulls exploring the $53,000 price levels. The overall crypto market appears to extend Wednesday’s bullishness today. That had Bitcoin and most alts trading higher on Thursday. While writing this content, BTC-USD gained … Read more
