Bitcoin (BTC) fell over 5% over the last day to retreat back under $30,000, wiping off most of its recent gains. The leading cryptocurrency gave investors a touch of hope at the start of the week after staging a mini-rally to first reclaim the $30,000 level on Monday before briefly surpassing $32,000 the following day. It was the first time in three weeks that Bitcoin had traded at those levels; however, it failed to keep the upward momentum, plunging to an intraday low of $29,501 on… Source link

In a May 30 tweet, Ethereum (ETH) core developer Tim Beiko confirmed that the much-anticipated Ropsten testnet trial of the Merge from proof-of-work to proof-of-stake can be expected “around June 8 or so.” Interestingly, Ether’s price action is relatively unchanged despite the unexpected bullish announcement. There was a +10% spike on May 30, but those gains were given back between May 31 and June 2. It is very likely that the Merge — currently anticipated in August — has yet to be… Source link

ETH Price at the time of writing – $1,935.00 Whale sent $45,241,142 worth of Ethereum off Bitfinex 17.18% of the total supply remains liquid across all centralized exchanges An Ethereum (CRYPTO: ETH) whale sent $45,241,142 worth of Ethereum off Bitfinex. The ETH address related with this exchange has been recognized as: 0xd41cdb2a35a666e8e1f9f53054e85091b67e13af Whales ordinarily send cryptographic money from trades while wanting to hold their speculations for a drawn-out timeframe. Putting… Source link

At a business conference Wednesday, JPMorgan Chase CEO, and crypto skeptic, Jamie Dimon told investors and analysts the bank would be conservative with its balance sheet, and to prepare for rough economic times. Dimon said he was worried about central bank quantitative tightening and the continued fallout from Russia’s invasion of Ukraine. “Right now, it’s kind of sunny, things are doing fine, everyone thinks the [U.S. Federal Reserve] can handle this,” Dimon said. “That hurricane is… Source link

If you’ve been on Crypto Twitter lately, you might be asking yourself: WTF are all these goblin NFTs clogging up my feed? We had the Kevin spinoffs from Pixelmon, the CryptoDickButts, the MFers … and now this? But if you’ve been lucky enough to avoid much of the meme-laden JPG fodder, let Decrypt introduce you to the one—and only—Goblintown. Goblintown isn’t a real place. It’s a state of mind that involves groaning, moaning, memes, and an undying obsession with urine and fecal… Source link

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Monero receives a strong long-term technical score of 91 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the coin’s consistency, volatility, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity. Currently, XMR holds a superior long-term technical analysis score than 91% of… Source link

This week’s Bitcoin (BTC) chart leaves little doubt that the symmetrical triangle pattern is breaking to the upside after constricting the price for nearly 20 days. However, derivatives metrics tell a completely different story because professional traders are unwilling to add leveraged positions and are overcharging for downside protection. BTC-USD 12-hour price at Kraken. Source: TradingView Will BTC reverse course even as macroeconomic conditions crumble? Whether BTC turns the $30,000 to… Source link

Bitcoin (BTC) lost bullish momentum at the June 1 Wall Street open as United States equities faced another day of retracement. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Zooming out, “nothing” has changed Data from Cointelegraph Markets Pro and TradingView captured a sharp U-turn for BTC/USD at the start of trading, $1,600 in three hours. At the time of writing, the pair traded at around $30,400, giving back the past days’ gains. For Cointelegraph contributor Michaël van de… Source link

Following yesterday’s gains, both bitcoin and ethereum consolidated on Wednesday, as bullish momentum eased. After rallying above $32,000, BTC moved marginally lower during the hump-day session, while ETH once again fell below $2,000. Bitcoin BTC was trading lower on hump-day, as bullish sentiment slightly faded, following yesterday’s price surge. Following a move to a nearly three-week peak of $32,249.86 on Tuesday, BTC/USD dropped to a bottom of $31,286.15 earlier today. This… Source link