-
Ethereum Price Breaks $2,420 Resistance, Continues Upward Trajectory, Targeting $2,500 Next
Ethereum Price Breaks $2,420 Resistance, Continues Upward Trajectory, Targeting $2,500 NextEthereum price has continued its upward momentum after breaking through the $2,420 resistance level, currently trading close to $2,500. The price has been on a consistent upswing since overcoming the $2,320 resistance level
-
Robinhood's Q3 Earnings: Crypto Revenue Plunges, Stock Price Drops, but User Base and Assets Continue to Grow
Robinhood's Q3 Earnings: Crypto Revenue Plunges, Stock Price Drops, but User Base and Assets Continue to GrowAmerican online brokerage Robinhood (NASDAQ: HOOD) released its Q3 2021 earnings on October 27th. The report showed that Robinhood's total net revenue reached $365 million, a 35% year-over-year increase
-
The Bitcoin rebound continues, but how difficult will it be to break through $70,000?
The Bitcoin rebound continues, but how difficult will it be to break through $70,000?Last night, before the US stock market opened, the price of Bitcoin had already broken through $55,500. However, after the US stock market opened, there was a surprising drop, falling nearly $1,000 within an hour
-
Ethereum Foundation Continues Selling ETH, Can ETH Price Hold On?
Ethereum Foundation Continues Selling ETH, Can ETH Price Hold On?The Ethereum Foundation's ongoing ETH sales have intensified the decline in ETH price, triggering concerns about the future development prospects of Ethereum. Can ETH replicate the glory of Bitcoin spot ETFs? How long can the Ethereum Foundation's funds sustain, and where will Ethereums future go? This article will delve into the current challenges faced by Ethereum and its future development direction
-
Bitcoin Price Continues to Decline as Risk Aversion Intensifies: Tonight's Nonfarm Payroll Data Could Be Crucial
Bitcoin Price Continues to Decline as Risk Aversion Intensifies: Tonight's Nonfarm Payroll Data Could Be CrucialTonight's Nonfarm Payroll data will be the market's focus, potentially causing significant volatility in Bitcoin's price in the short term. If the data shows a rate cut and good unemployment rates, it will be bullish for the market, and Bitcoin's price could rebound; conversely, if there's a rate cut but poor unemployment figures, it signifies a heightened risk of recession, and Bitcoin's price may further decline
-
Bitcoin chills in September: Historical trends continue, demand remains low, future remains uncertain
Bitcoin chills in September: Historical trends continue, demand remains low, future remains uncertainSeptember has not been kind to Bitcoin (BTC) this year, continuing a trend that has been observed since 2013, making the month typically challenging for the top cryptocurrency. Bitcoin ended August on a negative note, while Google Trends data reveals a significant drop in public interest towards Bitcoin
-
Bitcoin's Weak Trading Pattern May Continue for a Month: Market Awaits Fed Rate Cut and Presidential Election Outcome
Bitcoin's Weak Trading Pattern May Continue for a Month: Market Awaits Fed Rate Cut and Presidential Election OutcomeBitcoins weak trading pattern is likely to persist for another month as crypto traders await clarity on the Federal Reserves interest rate cuts and the upcoming presidential election. August was a rough month for crypto, with Bitcoin dropping 10
-
ETH MVRV Momentum Indicator Shows Continued Downward Trend, No Signs of Reversal
ETH MVRV Momentum Indicator Shows Continued Downward Trend, No Signs of ReversalAccording to Odaily Planet Daily, on-chain analyst Ali shared Glassnode data on X, revealing that Ethereum's MVRV (Market Value to Realized Value) Momentum indicator remains in a downward trend, with no signs of a reversal yet. This suggests that Ethereum's price may continue to decline
-
Bitcoin Breaks $62,000 After Fed Chair Hints at Continued Rate Cuts, What's Next?
Bitcoin Breaks $62,000 After Fed Chair Hints at Continued Rate Cuts
-
Bitcoin Spot ETFs Continue to Attract Investment: Institutional Investors Increase Exposure, Morgan Stanley Becomes First Wall Street Bank to Recommend Them
Bitcoin Spot ETFs Continue to Attract Investment: Institutional Investors Increase Exposure, Morgan Stanley Becomes First Wall Street Bank to Recommend ThemThe second quarter of this year witnessed a surge of capital flowing into Bitcoin spot ETFs, which debuted in January, as more traditional investors embrace the asset class. This trend is evident in the latest data from regulatory filings, revealing increased participation from hedge funds, pension funds, and banks
-
Dogcoin market sees new opportunities: exchange rate breaks resistance level, prices continue to rise
Dogcoin market sees new opportunities: exchange rate breaks resistance level, prices continue to riseWith the exchange rate of dogecoin touching the resistance level of 0.105 US dollar, a new rising trend has kicked off
-
Ethereum Under Pressure: BlockTowerCapital Dumps $25 Million ETH, Whale Selling Continues, Market Concerns Grow
Ethereum Under Pressure: BlockTowerCapital Dumps $25 Million ETH, Whale Selling Continues, Market Concerns GrowInstitutional Sell-Off Fuels Market ConcernsThe cryptocurrency market has recently experienced a cold spell, with Ethereum (ETH) prices remaining persistently low. Several factors have combined to heighten market concerns