After rising to $22,000 on 8 July, Bitcoin [BTC] bulls have another reason to rejoice. The crypto king broke the $20,000 mark against all odds on 14 July.  The intraday low of Bitcoin on 14 July went to $19,613. However, the buyers stepped in with demand and BTC eventually crossed the important psychological level of $20,000. At press time, Bitcoin was at an exact price of $20,873- a 5.55% rise in the last 24 hours. Bears in disbelief? Despite the recent uptick, the indicators on the price… Source link

There’s no rest for the weary during a bear market, and the Crypto Fear and Greed index shows that investor sentiment has been stuck in a state of “extreme fear” for a record 70 consecutive days. As the market looks for a catalyst to reverse the trend, there is little on the horizon besides the Ethereum (ETH) Merge that seems capable of sparking a rally. If that is indeed the case, the market could continue to trend down or sideways until the tentative Merge date of September 19. Data from

Bitcoin (BTC) may have avoided fresh losses since falling to $17,600 last month, but the sentiment is on the floor. Now, one classic crypto market mood gauge is showing just how long and hard the average investor has suffered. 70 days of “extreme fear” While crypto market sentiment was already “comparable to funeral” before the start of 2022, the subsequent price drawdown in Bitcoin and altcoins produced cold feet like never before. This has now been quantified by the Crypto Fear & Greed Index,… Source link

Litecoin Plus (LCP) gets a neutral rating from InvestorsObserver Friday. The crypto is up 73.05% to $0.003753080319 while the broader crypto market is up 6.16%. Litecoin Plus has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Litecoin Plus! Neutral Over the last five days, Litecoin Plus has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score… Source link

Members of the Ethereum community have set their sights on a new date for the blockchain’s long-awaited Merge. Come September 19, the network is expected to merge from its current state as a proof-of-work (PoW) blockchain to an energy-efficient proof-of-stake (PoS) network. “This merge timeline isn’t final, but it’s extremely exciting to see it coming together,” tweeted Beacon Chain community manager superphiz.eth. “Please regard this as a planning timeline and look out for official… Source link

Ethereum network is nearing the merger phase of its crucial transition from proof-of-work (PoW) mining consensus to proof-of-stake (PoS). Ethereum (ETH) devs offered a perpetual merger date during a conference call on Thursday. The conference call saw core Ethereum developer Tim Beiko, who runs core protocol meetings, propose September 19 as the tentative target date for the merger. The proposed target date didn’t face any objection from the core… Source link

Ethereum (ETH) gained 12.76% over the past 24 hours, soaring past $1,200.  Ethereum’s bullish price movement can most likely be attributed to the successful testing of one of the last tests before the Merge by Ethereum core developers yesterday. The event itself is expected to happen in September. The highly anticipated upgrade will transition Ethereum from a proof-of-work (PoW) blockchain network to a proof-of-stake (PoS) network. The upgrade is expected to improve the network’s… Source link

Bitcoin (BTC) hit $21,000 for the first time in several days on July 15 as markets enjoyed what one trader called “summer relief.” BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Altcoin rebound eyed as BTC price adds 11% Data from Cointelegraph Markets Pro and TradingView showed BTC/USD grinding higher overnight to just tap the $21,000 mark on Bitstamp on the day. A noticeable change of tact had set in after initial losses on the back of forty-year highs for the United States’… Source link

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Bitcoin (BTC) investors in China plan to buy the dip despite an ongoing market correction and a nationwide crypto ban, a new survey shows. Consensus sees Bitcoin at $10K A survey of 2,200 people conducted on China-based social media platform Weibo found that 8% of would buy Bitcoin when its price hits $18,000, according to Wu Blockchain. While 26% of the respondents prefer to wait until BTC reaches $15,000. But a majority anticipated the price to fall even further with 40% saying they would buy… Source link