Bitcoin Struggles To Break Past $19,500 As New Twist Surfaces, Here’s What To...
BTC’s price shows strength but has struggled to break past $19,500 as the price continues to move in circles. BTC bounced from a low of $18,200 after the price rallied toward $19,800 but was rejected by sellers. The price of BTC continues to trade below 50 and 200 Exponential Moving Averages (EMA) ahead of the weekly close. The price movement of Bitcoin (BTC) has shown some great price action lately as the price garnered momentum to bounce from a low of $18,200 to $19,800d against tether (USDT). Despite the strength shown by the price of Bitcoin (BTC), it has struggled to reclaim....
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For the first time since 2020, MakeDAO has crashed in its quarterly net income. The DAO is the autonomous community that governs the Maker Protocol. The project is based on the Ethereum blockchain and supports the lending and borrowing of crypto assets without a third party. MakerDAO has just witnessed a drastic drop in its 2022 third quarterly revenue. The decline in its income is linked to a plunge in loan demand and some liquidations. However, despite the pathetic situation, the community has high expenses within the quarter under review. Related Reading: Bitcoin Struggles To Break Past....
Solana (SOL) struggles to break key resistance after it suffers a huge loss on a hot wallet hack, losing over $5M creating so much panic in the heart of many faithful. The price of SOL looked strong in the early part of the week, trading above $40, trying to break the resistance before having an attack on some wallets drained more than $8 million from Solana users. It now struggles to break above the 50 exponential moving average (EMA) on the one-hour (1H) chart. SOL Daily Chart Analysis The daily chart for SOL shows it is trading at $38.7 below the 50 & 200 exponential moving average....
The Bitcoin price has struggled to break free of its horrid run of performances over the past few days, continuing to move below the $110,000 mark. While the flagship cryptocurrency appears to be relatively more stable in the past day, concerns are still swirling around about the coin’s struggles beneath critical levels. According to a […]
Welcome to the CryptoCoinsNews weekly altcoin news update, where we examine important altcoin stories that have gone under-the-radar. This week's article examines Litecoin's recent price struggles, Darkcoin's recent progress toward anonymity, and QuarkBar's introduction of adaptive coin creation. Litecoin Price Struggles. Since its release in 2011, Litecoin has consistently remained cryptocurrency's silver standard. However, hundreds of new altcoins have followed in Litecoin's shadow over the past several years. While most of these altcoins are essentially worthless, more and more are....
Bitcoin is once again under pressure as it struggles to break above $114,000 while failing to close decisively below $110,000, creating a tight range that reflects uncertainty in the market. Bulls are losing ground as momentum shifts, and fear is beginning to spread among traders and investors. The inability to reclaim higher levels highlights the […]