Price Analysis

The Ethereum blockchain is currently in the middle of a significant transition as its developers are looking to bring the dawn of Ethereum 2.0. This transition will achieve a great deal, including making Ethereum proof of stake (PoS) blockchain. ETH 2.0 has built a lot of enthusiasm around it. Furthermore, the excitement grows as several of its competitors have made similar moves. But, what could this transition mean for Ethereum - and Ether, the coin? A Background to Ethereum 2.0…

Bitcoin has been the subject of a great deal of scrutiny recently, as has been the entire crypto market. Analysts are looking to see the BTC price break at least the $50,000 mark. Also, they hope that it would eventually get enough momentum to hit its all-time high and make bigger plays. Considering that $50,000 is indeed in play, many have been looking towards the possibility of Bitcoin hitting $100,000. The asset is still going through a bit of a…

According to analysts from Santiment, there's fear and uncertainty among crypto enthusiasts. They noted that investors are somewhat skeptical about buying BTC in its recent dip status.  Moreover, the analysis showed high FUD levels, and HODLers and Traders hold fearful positions. Contrary to the norm, none of the latter or former is quite active in the buying bitcoin front. Why Not Buy the Dip? Analysts from Santiment mentioned how faint-hearted the 'buy the dip' crowd is during the recent BTC price…

Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $2,120 trillion. Bitcoin is up by nearly 4% in comparison with last Sunday. Ethereum lost 2% in value over the week. XRP is down by roughly 4% after a troublesome week. Most altcoins, except Avalanche, have traded in the red for most of the week. The DeFi sector gained almost $1.4 billion from the…

Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $2,066 trillion. Bitcoin is down by nearly 9% despite becoming legal tender in El Salvador. Ethereum lost 13% in value over the week. XRP is down by roughly 14% in comparison with last Sunday. Most altcoins, except Solana, have traded in the red for most of the week. The DeFi sector lost almost $10…

The crypto market faced one of the most volatile days in history as a severe flash crash took the market by surprise on El Salvador's "Bitcoin Day." Investors expected the world's leading crypto to shine as El Salvador officially adopted BTC as legal tender on September 7. The announcement should have been a fundamentally bullish moment for the king coin. Many market participants touted the historical development as a landmark event that would have massive implications on crypto adoption globally.  …

Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $2,295 trillion. Bitcoin is up by more than 3% as it trades again above $50k. Ethereum closes in on the $4,000 level with a 23% increase over the week. XRP is up by roughly 12% in comparison to last Sunday Solana, Dogecoin, and Polkadot end the week with significant value boosts. The DeFi sector…

BTC has been on fire since the start of the new month. The price finally surmounted the stubborn $49K resistance zone and climbed to its highest level in three months. The BTC/USD pair cruised past $50K. This happened as stocks slid following a report from US officials that revealed underwhelming US job gains. The dampened outlook for the US economy pushed the dollar and S&P 500 index lower while boosting interest in hedging assets like Bitcoin and gold. As the…

Bitcoin staged a major rally on Wednesday night, soaring from a swing low of $46,533 to hit highs above $49,678. The BTC/USD pair accelerated higher into a positive zone after forming a strong support base in the $46,500 zone. The night of bullish action sparked speculations that the king coin could mount a renewed attack on $50K.  Despite predictions to the contrary, the number 1 cryptocurrency is so far seeing an incredible start to September. Market participants are excited about the prospects…