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cryptocurrency

cryptocurrency June 18, 2022

Advertisements A 2018-like bearish cycle could have Ether drop toward $420 in the coming weeks. The price of Ethereum’s native token, Ether (ETH), careened below $1,000 on June 18 as the ongoing sell-off in the crypto market continued despite the weekend. Ether reached $975, its lowest level since January 2021, losing 80% of its value […]

cryptocurrency June 18, 2022

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Advertisements USDT Dominance is a metric that measures the market cap of the stablecoin Tether as a percentage of the total market cap. This metric has risen from 5.7% to 8.13% in just over […]

cryptocurrency June 17, 2022

Advertisements Summary: Arthur Hayes has penned a new blog post in which he hopes Bitcoin and Ethereum will not drop any further in the crypto markets. Mr. Hayes also admits his $27k to $25k Bitcoin floor and Ethereum’s $1.7k to $1.8k were obliterated by the ongoing sell-off. He also offers insights into several shitcoins worth […]

cryptocurrency June 17, 2022

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Advertisements Over the last five days, Ethereum [ETH] broke into a high volatility phase after its two-week squeeze near the $1,700 level. The ongoing pullbacks have substantially impaired the buying ability in the current […]

cryptocurrency June 17, 2022

Ethereum failed to clear the $1,250 resistance against the US Dollar. ETH is declining and remains at a risk of more downsides below the $1,000 support. Advertisements Ethereum started a fresh decline after it failed to surpass the $1,250 zone. The price is now trading below $1,200 and the 100 hourly simple moving average. There […]

cryptocurrency June 16, 2022

Advertisements Summary: The team at Deribit has confirmed that Three Arrows Capital is a shareholder at the exchange. Deribit also hinted that its accounts possibly linked to Three Arrows Capital are in debt. However, the team at Deribit quelled fears of insolvency by stating that the exchange will remain financially healthy if the above-stated debts […]

cryptocurrency June 16, 2022

Advertisements Ether price is forming a bear pennant pattern whose profit target comes to be near $850. Ethereum’s native token Ether (ETH) slumped on June 16, suggesting that its relief rally coinciding with the Federal Reserve announcing it will hike the benchmark rate by 0.75%, is at risk. Ether bulls trapped? Ether’s price slipped by 9.2% to […]

cryptocurrency June 16, 2022

The global crypto market cap has dropped by $369 billion in the past week. Ethereum [ETH], as it stands, took the biggest hit during the past week among the top 10 cryptocurrencies. But the question is- What conspired against ETH as it plunged to new lows on 15 June? Advertisements Welcome to the carnage For […]

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