Crypto Market Analysis: 24th August 2021
Bitcoin has broken out above $50,000 for the first time since May this year as PayPal announces crypto buying and selling in the UK. PayPal has trailed its launch of crypto buying and selling in the UK for some time but has today announced its intention to allow UK-based users to buy and sell crypto tokens from this week. Users will be able to hold a basket of four cryptoassets – bitcoin, ethereum, litecoin and bitcoin cash, but it is unclear as of yet whether the firm will allow users to make payments in said cryptos. The price of BTC has been on a rapid rebound since late July in....
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PRESS RELEASE. August 2021, leading Crypto service comparison site – Cryptowisser, compares the two cornerstones of cryptocurrency, Bitcoin and Ethereum. The latest analysis of the market focused on the pioneering cryptocurrencies Bitcoin and Ethereum. But, differing from the usual Bitcoin vs Ethereum analysis, the focus is on the benefits of both and how they work in synergy to give the industry the strong foundations it needs to grow. Bitcoin and Ethereum The article takes us on a brief journey back in time, highlighting the key stages of Bitcoins’ progression up until the....
24th August 2021, Douglas, Isle of Man—FUNToken.io has announced the launch of DPLAY.Casino as the first stand-alone casino to accept the FUNToken (FUN) and ONLY the FUNToken. As such, it’s completely anonymous, requiring only an Ethernet wallet that can accept your FUNTokens (you can use Metamask or Changelly if your wallet doesn’t support FUN yet). […]
According to a new technical analysis, Bitcoin (BTC) and the broader crypto market could be mirroring historical post-halving cycle patterns. While the market has previously rallied through July and August, historical fractals point to a potential crash in September, followed by a push into a cycle peak later in the year. Related Reading: Trump Coin Jumps 10% On Canary Capital ETF Filing: Details September Proves Risky For Bitcoin And Crypto Market A recent X social media post by crypto analyst Benjamin Cowen has highlighted a recurring pattern in Bitcoin’s price action that could have....
In this episode of NewsBTC’s all-new daily technical analysis videos, we are looking at the total crypto market cap using Elliott Wave Theory. Specifically, this episode looks at where the current corrective phase may be along with where the cryptocurrency market is in its overall bull cycle. Take a look at the video below. VIDEO: Total Crypto Market Cap Analysis (TOTAL): August 24, 2022 Looking at the total cryptocurrency weekly chart, we examine the different types of corrections the crypto market might be in according to common Elliott Wave corrective patterns. Elliott Wave Theory....
INTERNET CITY, DUBAI, Aug. 17, 2021.— LBank, a global digital asset trading platform, will list HODL on August 20, 2021. For all LBank users, the HODL/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on August 20. Decentralized finance is playing an increasingly important role in the crypto world. It is unsurprising […]