The cryptocurrency market, a vibrant ecosystem of digital assets, continues to captivate and intrigue investors worldwide. At the heart of this financial revolution are Bitcoin (#BTC) and Ethereum (#ETH), two pioneering cryptocurrencies…
Category: Crypto News
Daily Market Review and Thoughts: February 21
#BTC (daily timeframe). As anticipated in yesterday’s review, Bitcoin made an upward move to the $53,000 mark, where sellers took control. At the moment, the asset showed a 4.1% decrease. A bearish…
Latest Crypto Market Update: Bitcoin Consolidation and Altcoin Movements
Introduction to the Latest Cryptocurrency Market Trends The cryptocurrency market continues to evolve, with Bitcoin (#BTC) showing signs of consolidation above the $51,700 trading level. Despite this, a slight dip in the…
Daily Market Review and Thoughts: February 19
#BTC (Daily timeframe). Buyers managed to keep Bitcoin above the trading level of $51,700, which naturally led to the asset’s recovery. At the time of writing this review, the instrument is gathering…
Daily Market Overview and Thoughts: February 18th
▫️#BTC (Three-hour chart). The asset tested the upper boundary of the ascending channel, which was followed by a technical rebound of the instrument. Bitcoin approached the trading level of $51,700, surpassing which…
Daily Market Review and Thoughts: February 17
▫️#BTC (Four-hour chart). Since February 14, the movement of the asset has been confined to a narrow price range of $51,600 — $52,700. Meanwhile, the RSI lines have failed to break through…
Daily market review and thoughts: February 15
▫️#BTC (four-hour timeframe). With the asset’s pullback to the trading level of $50,900, buying of the instrument intensified again, and Bitcoin updated its local maximum at the $52,500 mark on the Binance…
Daily Review and Thoughts on the Market: February 14
▫️#BTC (daily chart). Bitcoin underwent a local correction following the publication of the Consumer Price Index (CPI) data. Inflation in the US rose to 0.3% in January from 0.2% in December, reinforcing…
Daily Market Review and Thoughts: February 13
▫️#BTC (four-hour timeframe). The Bitcoin pullback was less than expected in the latest reviews. As the price descended to the trading level of $47,700, buying activity intensified, and the asset headed towards…
Daily Review and Thoughts on the Market: February 12
▫️#BTC (Daily Chart). Bitcoin has been rising almost without retracement for seven days. Interestingly, during the same period, a significant portion of liquidity accumulated around $46,600, according to data from the analytical…
Daily Market Review and Thoughts for February 11
▫️#BTC (Two-hour timeframe). Buyers are not giving up their positions, and the asset has managed to secure itself above the VAH of the range $29,500 — $65,500. This allowed Bitcoin to closely…
Montenegro’s Court Halts Extradition of Terraform Labs’ Do Kwon Amid Legal Controversies
The Montenegrin court canceled the extradition of Terraform Labs co-founder Do Kwon to South Korea or the USA, approved by the Supreme Court in December 2023, according to its decision. The country’s…
Daily market review and thoughts: February 11
Daily market review and thoughts: February 11 ▫️#BTC (two-hour timeframe). Buyers are not giving up their positions, the asset has managed to consolidate above the VAH range of $29,500 – $65,500. This…
Daily Market Review and Thoughts for February 10th
▫️#BTC (Four-hour chart). Bitcoin continues its upward momentum. On the rising impulse, the price broke through the upper line of the Bollinger Bands indicator, indicating the strength of the buyers. At the…
Daily Market Review and Thoughts: February 7th
▫️#BTC (daily chart). The price action of the asset has been consolidating within a Symmetrical Triangle for 11 days now. I believe a breakout is imminent. At the time of writing, the…
Daily Market Review and Thoughts: February 06
▫️#BTC (four-hour timeframe). Bitcoin continues its consolidation within the Symmetrical Triangle pattern. Yesterday, the asset broke above the upper boundary of the figure; however, sellers quickly brought the instrument back within the…
Bitcoin Rebounds and Altcoins Surge: Daily Market Overview and Thoughts – February 5th
Introduction: In today’s daily market overview, we delve into the dynamic movements of the cryptocurrency market on February 5th. Bitcoin’s recent rebound, Ethereum’s recovery, and notable developments with Bitcoin ETFs from major…
Daily Market Review and Thoughts: February 4th
▫️#BTC (three-hour timeframe). Bitcoin’s attempts to overcome the upper boundary of the Symmetrical Triangle were not successful. The price dropped to an important trading level around $42,700. At the same time, the…
Daily Market Overview and Thoughts: February 3
▫️ BTC (4-hour chart): After breaking out of the descending channel, Bitcoin’s price movement is occurring within the framework of a Symmetrical Triangle. Currently, the price has again approached the upper boundary…
Monei Launches EURM Stablecoin for Secure and Innovative Transactions
Monei, a European payment provider, has recently initiated the first tests for EURM, a stablecoin pegged to the euro at a 1:1 ratio. This launch has received approval from the national sandbox…