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Selling in the cryptocurrency market carried into the new week, with Bitcoin and Ethereum under pressure. Bitcoin's rally from last week was halted while Ethereum tested a key support level after...
Could Bitcoin Benefit From Banking Crises? The price of Bitcoin is extremely volatile. On Wednesday, the market saw one of the biggest intraday price swings in the cryptocurrency market in...
Cryptocurrency adoption in the U.S. increased amid fears of a full-blown banking crisis, a new poll finds. According to Morning Consult, 22% of Americans, over one in five, said they owned at least...
Venture capital (VC) has played a crucial role in the growth of the digital asset industry over the past two years.According to data from Pitchbook, VC investments in crypto skyrocketed in 2021,...
The latest trigger for Bitcoin’s rally comes from the First Republic Bank (NYSE:FRC) earnings report and rumors of federal seizure.For a long time, after Bitcoin launched, it was commonplace to...
Two weeks ago, see here, we found for Bitcoin (BTC) “According to the Elliott Wave Principle (EWP) count, our preferred weapon of choice in assessing where the price goes most likely next, BTC...
Bitcoin at April lows but the depicted internal trendline is offering some weak support going into weekend. Still too early to call this a buy-the-dip opportunity. Original Post
Bitcoin achieved primary extension targets and seems to be rolling over from 30k. Original Post
Last week’s big breakouts in Bitcoin and Ethereum are being tested with dips today. Bitcoin has at least 4 long-term bullish catalysts. Ethereum’s successful “Shapella” upgrade...
Two weeks ago, when Ethereum (ETH) was trading in the $1860s (see here), our primary expectation based on the Elliott Wave Principle (EWP) was,"Thus, the green W-1, 2; grey W-i, ii setups we have been...
A new report from crypto research firm K33 Research suggests that Bitcoin could hit the $45,000 mark by May. The report argues that BTC’s current drawdown and recovery cycle is very similar to...
In the first quarter of 2023, Bitcoin recorded an outstanding performance with a growth of 73%.To explain the reason for the growth of Bitcoin it is important to refer to its genesis and the...
On the cryptocurrency front, the majority of attention is being directed on Ethereum, which is the second biggest cryptocurrency as measured by market capitalization.The long-awaited upgrade was...
Ether did not face significant selling pressure following its latest blockchain upgrade.Ethereum finalized its transition to the proof-of-stake (PoS) mechanism after completing the...
Global markets acted relatively calm during the shorter week of Good Friday and Easter.However, on Wednesday this week, the markets experienced a renewed sense of excitement following the release of...