BTC’s fall below $26,000 is poised to be the worst weekly decline since the collapse of FTX. Absence of a decision in the closely followed Grayscale vs. SEC lawsuit didn’t support the recovery. Market observers are divided on whether the correction is over. Bitcoin (BTC) is poised to endure its worst weekly decline since the … Read more
Bitcoin (BTC) and ether (ETH) traded flat on Monday after a relatively uneventful weekend for crypto majors in the absence of a strong catalyst that could help add buying pressure to a dim market. Bitcoin traded just over $29,300 while ether flirted around the $1,850 mark. Both assets have returned slightly over 1% for investors … Read more
332 million SAND tokens will be unlocked Monday, worth $133 million. SAND’s 24-hour trading volume at press time stands at $74.9 million, per CoinGecko. 60 million SAND tokens were transferred out of the multisig Sandbox Genesis smart contract one week ago, according to block explorer Etherscan, a sign that the unlock had already begun. Metaverse … Read more
Crypto-services provider Matrixport’s proprietary Bitcoin Greed & Fear Index, which has a solid track record of marking trend reversals, is signaling a bull revival in bitcoin (BTC) The Greed & Fear Index measures investor sentiment. Readings above 90% signal greed or excess optimism, and readings below 10% represent extreme fear or pessimism. Such indicators are … Read more
Shiba Inu (SHIB) tokens have been among the top-performing cryptocurrencies over the past week amid low volatility conditions for bitcoin (BTC). The tokens have risen 20% over the past week, compared with nominal gains for bitcoin and ether (ETH). Among alternative currencies, higher returns were generated only by rollbit (RLB) and unibot (UNIBOT). Trading volumes … Read more
The market cap of altcoins is forming a bullish inverse head-and-shoulders pattern. A potential completion of the pattern would mark the beginning of alt season, according to one trader. A bullish inverse head-and-shoulders price pattern is building in the combined market capitalization of altcoins. The term “altcoin” is short for “alternative coin” and refers to … Read more