Bitcoin recently flashed some key bullish indicators, but low volume suggests that big traders are still cautious. Bitcoin is finally showing some bullish signs. On Thursday, April 18, Scott Melker, known as The Wolf Of All Streets to his many followers, pointed out that Bitcoin (BTC) closed above the 50-day simple moving average with a…
Chainlink price could be on the verge of a bullish breakout after testing a crucial resistance, forming a bullish divergence, and as its exchange outflows rise. Chainlink (LINK) was trading at a crucial resistance point at $12.60 on Friday, up from this month’s low of $10.15. A potential catalyst for LINK is that its exchange…
Ethereum’s price was in a tight range this week as crypto investors remained on the sidelines and exchange-traded fund outflows rose. Ethereum (ETH) was trading at $1,580 on Friday, where it has remained throughout the week. It has risen by 14% from its lowest point this month. Ethereum continues to face many challenges, especially the…
Solana price held steady this week as the number of active addresses, transactions, fees, and decentralized exchange volume rose. Solana (SOL) rose to $135 on Friday, up over 40% from its lowest level this month, pushing its valuation to nearly $70 billion. The volume of assets traded by Solana’s DEX protocols has continued rising this…
Bitcoin price has dropped into a bear market this year after falling by 23% from its highest point in January. Bitcoin (BTC) was trading at $84,555 on Good Friday, up by 13% from its lowest point this year, giving it a valuation of over $1.68 trillion. It has dropped by 10% this year, outperforming the…
What happens when a longtime Ethereum insider calls the ecosystem a “religion” that’s lost touch with reality? A critical look at Soleimani’s thread — and why it struck a nerve. Ethereum gets called out “again” On Apr. 17, Ameen Soleimani posted a detailed thread on X that sharply critiqued what he sees as Ethereum’s (ETH)…
Analysts say that an altcoin season is unlikely anytime soon, citing factors such as a lack of dovish Fed policy, macroeconomic uncertainty, and insufficient liquidity drivers. According to Matrixport analysts, Ethereum’s (ETH) dominance has plunged nearly 50% since the launch of the U.S. Ethereum spot ETF, which failed to reignite sustained interest in the altcoin…
Bitcoin is consolidating at a key resistance within a descending channel. With volume declining and price nearing a pivotal area, traders are watching closely for either a strong rejection or a volume-backed breakout. This move could define the short-term trend going into next week. Bitcoin (BTC) has spent most of the week consolidating at a…
Market turbulence has left many in loss, but long-term Bitcoin holders remain largely unaffected, analysts at Glassnode say. Bitcoin’s (BTC) long-term holders are still in a strong position despite ongoing market uncertainty, according to a new report from on-chain analytics firm Glassnode. Although many new investors are currently facing the “largest unrealized losses on record,”…
Spar, an international grocery chain, has begun accepting Bitcoin in a Swiss store, potentially paving the way for wider crypto adoption across its global retail network. In its April 17 LinkedIn post, DFX Swiss, a company which offers crypto-to-cash solutions, announced that the Spar location in the Swedish city of Zug has officially gone live…
