Price analysis 8/23: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

BTC price spikes above $43,000 as bulls look to push for $45,000 while some analysts warn about the formation of a bearish flag that could lead to a price correction. 253 Total views 19 Total shares The bullish narrative is beginning to build across the cryptocurrency ecosystem on March 22 as the price of Bitcoin…

NFT platform Magic Eden recorded an NFT trading volume of $756.5 million in March, surpassing its rival Blur.

The U.S. Treasury secretary emphasized the department’s crypto monitoring efforts at a House Financial Services Committee hearing Wednesday. 181 Total views 2 Total shares United States Treasury Secretary Janet Yellen told the House Financial Services Committee on Wednesday that her department is not seeing significant use of cryptocurrencies to evade sanctions placed on Russian oligarchs…

What is Avalanche Network (AVAX)?Launched in 2020 by Ava Labs, Avalanche is a blockchain platform that is smart contract-capable. Avalanche aims to deliver a scalable blockchain solution while maintaining decentralization and security, focusing on lower costs, fast transaction speeds, and eco-friendliness.Avalanche quickly became popular in the cryptocurrency space, with Avalanche TVL currently worth $8.41 billion…

Hong Kong-based cryptocurrency exchange Bitfinex has introduced margin trading for stablecoin Tether (USDT), according to a blog post published Dec. 21.Bitfinex has launched margin trading for the USDT/USD pair, which would purportedly lead to more efficient price discovery and enable users to hedge the exposure taken on stablecoins. Along with a dedicated lending market, USDT…

Bitcoin (BTC) showed strength on March 22, posting a 5% gain and testing the $43,000 resistance. The move liquidated over $150 million worth of leverage short positions, those betting on a declining price using futures contracts.Some Twitter analysts attribute the price improvement to the Do Kwon, the co-founder of blockchain protocol Terra. During a recent…

Bitcoin (BTC) price was fighting resistance close to $10,000 on Sept. 2 as fresh energy appeared to flow into markets. Market visualization. Source: Coin360Bitcoin price attempts to crack $10K barrierData from Coin360 showed BTC/USD 2.25% up on Monday, climbing through $9,800 to challenge a ceiling it failed to break the day before. At press time, the pair…

Bitcoin (BTC) hovered around $23,000 on Feb. 1 after sealing its best January performance in ten years.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewEnd of Bitcoin bear market is "default view"Data from Cointelegraph Markets Pro and TradingView confirmed a monthly close of around $23,100 for BTC/USD — its highest since July 2022.The largest cryptocurrency finished the…