Bitcoin rallies to $104.7K after Fed FOMC ‘nothing burger’ lines up with market expectations
Bitcoin futures traders liquidated shorts after today’s Fed FOMC comments aligned with the market consensus.
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Price analysis 6/17: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, AVAX
The sharp fall in cryptocurrencies has pulled the total crypto market capitalization below $900 billion. According to CoinGoLive, 72 out of the top-100 tokens have declined in excess of 90% from their all-time highs. In comparison, the top-10 coins have outperformed during the fall, dropping an average of 79% from their all-time high. Bitcoin (BTC) is…

1inch Network expands to Avalanche and Gnosis Chain
The decentralized exchange aggregator said it hopes to offer users more options for low-costs, high-speed transactions. 615 Total views 27 Total shares The 1inch Network announced on Wednesday its plans to deploy the 1inch Aggregation Protocol on Avalanche and the 1inch Limit Order Protocol on Gnosis Chain, formerly known as the xDai Chain. In a statement…

Gaming crypto GALA rallies nearly 350% in November — Correction ahead?
Gala Games' in-house currency GALA rallied by nearly 350% in November, ignoring corrections across the top cryptocurrencies, including Bitcoin (BTC). Notably, GALA price surged from $0.088 to $0.42 between Nov. 1 and Nov. 22.GALA/USD four-hour price chart. Source: TradingViewGALA's gains primarily came in the wake of a price rally across a majority of gaming and metaverse…

Diversification into Bitcoin a ‘prudent move,’ says Bloomberg strategist
Bitcoin (BTC) price has retreated by more than 40% after topping out near $65,000 in mid-April. But that is not enough to derail the flagship cryptocurrency's long-term bull trend, especially as global markets grapple with declining national currencies and the prospect of a commodity market crash.So believes Mike McGlone, the senior commodity strategist at Bloomberg…

Bitcoin on the way to ‘bearadise?’ $20K is back as a BTC price target
Bitcoin (BTC) hovered above $26,000 into the Aug. 20 weekly close as doomsday BTC price targets kept coming.BTC/USD 1-hour chart. Source: TradingViewAnalysis: Bitcoin may see new "generational buying opportunity"Data from Cointelegraph Markets Pro and TradingView showed an eerie calm covering BTC/USD over the weekend, with the market down 11% in seven days.Rattled market observers remained…

CME Bitcoin trading volume surpasses Bybit, but is it impacting BTC price?
The Chicago Mercantile Exchange (CME) introduced its Bitcoin (BTC) futures contract in December 2017. This was around the same time that BTC had reached an all-time high of $19,800, but by late 2018 the price had dropped to $3,100. Investors in cryptocurrencies quickly learned that CME derivative contracts allowed them to make bullish bets with

Bitcoin at $25K: Discount or disaster?
This week, The Market Report discusses Bitcoin’s recent dip below $25,000 and what it means for the near future. Was it a discount or a disaster? 494 Total views 8 Total shares In the latest episode of The Market Report, Cointelegraph analyst Marcel Pechman delves into Bitcoin’s (BTC) latest bounce at $25,000, which some analysts

Does the Ethereum Merge offer a new destination for institutional investors?
Last week’s Merge was the “most significant development in the history of the Ethereum network,” according to Fidelity Digital. And from a purely technical standpoint, the blockchain network’s transition from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism was a marvel. Widely compared to changing a jet engine mid-flight, the software upgrade proceeded with nary…