Neverending Nightmare Fear Cycle In Crypto Breaks, What Happens Now?
The crypto market pushes upwards as Bitcoin, Ethereum, and other larger cryptocurrencies are turning critical resistance points into support. ETH’s price currently leads the market recovery as it records a 40% profit in the past seven days trading at $1,500. Related Reading | Solana Adds 70% More Shine – Can SOL Keep The Light Coming? On the other hand, BTC’s price is more conservative but has begun recording important gains. At the time of writing, BTC trades at $22,800 with a 14% profit over the same period and is on track to securing further gains. As a result of the bullish....
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The year 2022 so far has seen the crypto market spend most of its time in the fear territory, with a large chunk of it being especially deep into extreme fear. Crypto Fear And Greed Index Continues To Point At “Extreme Fear” According to the latest weekly report from Arcane Research, the market has continued to be fearful without any breaks for 178 days now. The “fear and greed index” is an indicator that tells us about the general sentiment among investors in the crypto sector. The metric uses a numeric scale that runs from zero to hundred for representing this....
Shark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, has warned that the U.S. Securities and Exchange Commission (SEC) will come up with rules for token registration that will be “the nightmare that’s waiting for the crypto industry.”
Mark Cuban Foresees SEC Coming Up With ‘Nightmare’ Crypto Regulation
Billionaire Mark Cuban, the Shark Tank star who owns the NBA team Dallas Mavericks, warned in a tweet Saturday about how the SEC will regulate crypto tokens.
His warning was in response to a tweet by U.S. Senator....
Bitcoin has once again recovered from what looked to be the beginnings of another bear market. The crashes had left the price of the digital asset struggling in the market, putting the bears ahead. With the recent rebound above $44,000, the bulls have obviously wasted no time in taking back control of the market. Wednesday’s fall below $40,000 now looks to be nothing but a blip on the radar. Fear & Greed Index Breaks Out Of Extreme Fear The beginning of the week has seen bitcoin suffer an onslaught of price dips. Dropping the value of the digital asset into one-month lows. This....
The cryptocurrency market roared back to life on Friday, August 22, after a positive speech from US Federal Reserve Chairman Jerome Powell, with the Ethereum price leading the top 10 largest assets in terms of performance. According to data from CoinGecko, the price of ETH increased by more than 14% on the day. After its initial struggles during the week, the Ethereum price finished by reclaiming and surpassing its former all-time high of $4,878, reached as far back as 2021. Interestingly, a prominent crypto founder has put forward an audacious prediction for the price of Ethereum over....
The crypto market is in full fledged fear for the longest phase in more than a year, coinciding with a massive Bitcoin drop of more than 50%. The once trending cryptocurrency has yet to recover, leaving the market and participants in a state of extreme fear. But past data shows, fear is often a good […]