Text size Bitcoin and other cryptos have recently come back into focus amid the Russia-Ukraine war. Dreamstime … Source link

Bitcoin (BTC/USD) Analysis Key Highlights BTC’s price has once again declined after a minor jump above $42,000. It is still in the consolidation phase between $45,850 and $34,324 with a bullish bias. The pair is trading within the symmetric triangle and bullish sentiment will continue if it breaks $43,300 (breaking out of the triangle). Technical Analysis Intraday trend – Bullish On the daily chart, the pair is trading above Tenken-sen ($39,986), Kijun-sen ($39,828), and above Ichimoku Kumo cloud… Source link

Bitcoin (BTC) starts a new week on a tentatively stronger footing as macro cues curiously stabilize. After a calmer weekend than most recently, BTC/USD managed to seal its highest weekly close since February, casting off concerns that an imminent bout below $40,000 could enter. Instead, conditions are beginning to favor a more bullish perspective on shorter timeframes, but as ever, nothing is certain — bulls need to tackle resistance and flip it to support, beginning with levels just north… Source link

I believe at this point we are going to see a lot of back and forth on short-term charts. Monero rallied a bit on Thursday to reach the $192.50 level. The $200 level just above will offer a significant amount of resistance based upon psychology, but probably not much beyond that. If we were to break above the $200 level, then the next target will be $210, where the 200-day EMA currently sits. Advertisement On the downside, the 50-day EMA is sitting at the $180 level, an area that has been… Source link

Want to make it? Bet on what they hate I like to ponder about the market dynamic in crypto, on how the market behaves during the latest market cycle. After some time, I came up with an interesting finding. All this time, as it turned out all I needed to do was simply to bet against Ethereans. It’s kinda tricky to describe what Ethereans are. The word Ethereans has a broad description. Simply saying “maxi” or maximalists isn’t exactly it. Some people don’t like to be called maxi or… Source link

Nayib Bukele, president of El Salvador, speaks at the closing ceremony of the Latin bitcoin conference at Mizata Beach, El Salvador, last November © Marvin Recinos/AFP/Getty Government bond issuances are typically met with little fanfare — but that was not the case when El Salvador president Nayib Bukele announced plans for a $1bn bitcoin-backed bond, at a launch party last November. Through smoke, fireworks, and neon lights, a jumbotron screen flashed images of a volcano erupting and… Source link

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of… Source link

Prince Philip of Serbia and Yugoslavia says that bitcoin is freedom. Noting that “we need to take the money away from the state,” the prince stressed: “We need to have hard money again. We need to have good quality money that’s not subject to inflation.” Prince Philip of Serbia Praises Bitcoin Prince Philip of Serbia and Yugoslavia recently talked about bitcoin on a Serbian TV show hosted by Ivan Ivanović. Prince Philip, a member of the House of Karađorđević, is the… Source link

What happened Sunday wasn’t exactly a day of rest or pleasure for Ethereum ( ETH 0.29% ) and ApeCoin (CRYPTO:APE). As of mid-afternoon, over the preceding 24 hours Ethereum dipped by almost 2% and ApeCoin suffered a much steeper fall at nearly 19%. Fresh comments from a big name in the crypto world were the root cause of the drops. So what On Friday, Time magazine published a profile of Ethereum founder Vitalik Buterin, in which he delivered some choice quotes… Source link

Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE) are all trading higher in strong uptrends. An uptrend occurs when a stock consistently makes a series of higher highs and higher lows on the chart. The higher highs indicate the bulls are in control, while the intermittent higher lows indicate consolidation periods. Traders can use moving averages to help identify an uptrend, with rising lower timeframe moving averages (such as the eight-day or 21-day… Source link