What happened Following a day of sell-offs on Friday, the cryptocurrency market is posting some recovery momentum on Saturday. As of 10 a.m. ET, Bitcoin (CRYPTO:BTC) was up roughly 3.3% from the stock market’s closing bell on Friday. Meanwhile, Ethereum (CRYPTO:ETH) and Dogecoin‘s (CRYPTO:DOGE) tokens were up roughly 6.4% and 6%, respectively, over the same period. Crypto prices began soaring in October and continued to gain ground until momentum… Source link

A technical sell signal is about to appear on the Bitcoin (BTC) daily chart. On Dec. 18, the BTC price will experience a death cross, a market indicator that occurs when a short-term moving average slips below a long-term moving average. In this case, Bitcoin’s 20-day exponential moving average (20-day EMA) will close below its 200-day exponential moving average (200-day EMA). The indicator may end up alerting traders and investors about a potential selloff in the coming sessions, given its… Source link

Bitcoin (BTC) bears will probably be too “stoneless” to keep prices down much longer, fresh BTC price analysis argues. In a Twitter series published Dec. 18, popular account Light summarized the events which led to Bitcoin’s recent 39% correction. Sheep in bear’s clothing A combination of macro factors and smart action from big players left retail investors holding the bags in both Bitcoin and altcoins, Light explained. This was apparent before the comedown from $69,000 accelerated into… Source link

What happened Today, three of the five largest cryptocurrencies by market capitalization, Bitcoin (CRYPTO:BTC), Ethereum (CRYPTO:ETH) and Solana (CRYPTO:SOL), saw substantial declines, bringing their weekly returns into the red. Over the past 24 hours, these tokens have sunk 5.5%, 7.3%, and 8.3%, respectively, as of 10:30 a.m. ET. These returns generally paced the overall crypto market, which is unsurprising given that these three tokens account… Source link

Whether you’re dipping your toes into crypto for the first time or you’re a seasoned investor in digital currencies, it’s hard to ignore Ethereum (CRYPTO:ETH). The world’s second most-valuable cryptocurrency has come a long way in a short time, but in many ways it’s just getting started. It’s not too late to grab a piece of Ethereum. Let’s go over three reasons that now could be a good time for risk-tolerant investors to consider putting some money to… Source link

Litecoin achieves a low risk analysis based on InvestorsObserver research. The proprietary system gauges how much a coin can be manipulated by analyzing much money it took to shift its price over the last 24 hour period along with analysis of recent changes in volume and market cap. The gauge is between 0 and 100 with lower scores equating to higher risk while higher values represent lower risk. InvestorsObserver is giving Litecoin a low… Source link

Litecoin cemented itself as one of the major crypto assets in the world. Especially by placing itself in the top 20 spots. But there are still some doubts when it comes to a solid rise. Well, maybe it could be coming soon. There is hope for Litecoin  As an asset, Litecoin is not in the best place right now. All indicators are pointing in the negative direction presently. At the same time, their indications are actually leading towards a positive recovery. Even though SAR is still… Source link

Investors will return to crypto markets when the appetite for risk picks up, he said. “With interest rates increased, investors would tend to be more favorable to traditional investments ahead of crypto, however, with the higher ROI [return on investment] that digital currencies and DeFi offers, the nascent asset class may win in the long run.” Source link

Bitcoin (BTC) may be flagging below $50,000, but its bull market is actually three years old this month. Data from Cointelegraph Markets Pro and TradingView confirms that Bitcoin bulls have at least something to celebrate as 2021 draws to a close. Three years, 2,125% upside Despite disappointing when it comes to end-of-year price expectations, BTC/USD remains an order of magnitude higher than where it was even 18 months ago. March 2020 marked a brief return to near cycle lows in what had… Source link

Yesterday in the wake of the FOMC meeting, the Federal Reserve signaled a hawkish turn. Asset purchases will be tapered at twice the speed, and the Fed is now anticipating three rate hikes next year. So why, in the wake of all that, are risk assets going up, and five-year inflation expectations climbing? Source link