Bitcoin (BTC) saw its first dive below $38,000 in over two weeks on Feb. 20 as macro triggers rattled low-volume weekend markets. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader on BTC: “Nothing to get excited about” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD losing ground Sunday, following threats of fresh sanctions on Russia over its alleged plans to invade neighboring Ukraine. After a quiet Saturday, crypto began to move downhill after comments from… Source link

Ethereum price is retesting the $2,608 to $2,812 daily demand zone, hoping for a reversal. A bounce off this barrier is likely to revisit the lower limit of the daily supply zone, ranging from $3,188 to $3,393. A daily candlestick close below $2608 will invalidate the short-term bullish thesis. Ethereum price faced rejection from a stiff resistance barrier twice, resulting in a double-digit correction. The resulting downswing is currently bouncing off a stable… Source link

Veteran trader Peter Brandt has warned that bitcoin’s price corrections have taken many months in the past and it may take some time for the price of the cryptocurrency to hit another all-time high. He criticized bitcoin’s proponents for constantly hyping the crypto regardless of the price. Peter Brandt Warns It May Take Some Time for Another Bitcoin Peak Veteran trader Peter Brandt cautioned investors Thursday that it could take some time for the price of bitcoin to reach another… Source link

Kevin O’Leary, aka Mr. Wonderful, has shared what he thinks the price of bitcoin will be in the coming years. He said when institutions get the go-ahead from their compliance departments to invest in bitcoin, the price of the cryptocurrency “is going to appreciate dramatically.” Kevin O’Leary’s Bitcoin Prediction Shark Tank star Kevin O’Leary shared his prediction of the price of bitcoin in an interview with Stansberry Research last week. He explained that many… Source link

This week in coins. Illustration by Mitchell Preffer for Decrypt. A brief crash dropped the price of Bitcoin to $39,638 on Friday, according to CoinMarketCap. The world’s favorite cryptocurrency, as of this writing, was trading near $39,975.50, an overnight drop of 1.21%—about 5% cheaper overall than last weekend.  Ethereum, the second-largest cryptocurrency, was trading at $2,733—about 5% lower than a day ago, 6% lower than a week ago. Most of the top 30 cryptocurrencies declined… Source link

Bitcoin (BTC) may be struggling at $40,000 but fresh data is reinforcing the fact that hardly anyone is interested in selling. Data from on-chain analytics firm Glassnode shows that despite price volatility, over 60% of the BTC supply has not left its wallet in a year or more. Strong hands have rarely been stronger Stubborn hodling by long-term investors is a characteristic that differentiates the current Bitcoin market climate from most other downtrends. With spot price action passing 50%… Source link

Ethereum was trading below $2,800 to start the weekend, as crypto bears extended recent market sentiment. Bitcoin was also under $40,000, as the global cryptocurrency market cap dropped by nearly 3% as of writing. Bitcoin For a fourth consecutive session, prices of the world’s largest cryptocurrency traded lower, as market pressure continued to keep bulls away. Following a high of $40,827.13 on Friday, BTC/USD is down 1.3% as of writing, and is trading close to its lowest level… Source link

Ethereum Code is a cryptocurrency trading platform that automates the full process of purchasing and selling Ethereum-based assets. Once you’ve signed up for the app, you can let the program take care of the rest. Ethereum Code program is created with the purpose of making it useable by anybody, regardless of their expertise or experience in the disciplines of finance or technology. History of Ethereum Code It was in 2017 that a group of seasoned brokers came together to develop the… Source link

OpenSea, one of the most popular nonfungible token (NFT) marketplace, has rolled out an upgrade to its smart contract, a proactive measure to weed out inactive listings on the platform. As a part of the planned upgrade, all OpenSea users will need to migrate their NFT listings — currently hosted over the Ethereum (ETH) blockchain — to the new smart contract. The new contract is live! Start migrating your listings now: https://t.co/W1w9ciCK2D — OpenSea (@opensea) February 18, 2022 Source link

Bitcoin (BTC) and Ether (ETH) price are still being hard hit by the current wave of volatility and this is leading traders to go back to the drawing board and readjust their short-term expectations. On Feb.17, Bitcoin price briefly dipped below $40,000 and Ether failed to hold support at $2,900, raises the chance of a drop to $2,500.  Data from Cointelegraph Markets Pro and TradingView shows that after hovering near the $2,900 support level through the morning trading hours, Ether was hit… Source link