Information Archive

$17.6K wasn’t BTC’s bottom?

Bitcoin (BTC) has been trying to break out of a descending trend for the past week and the first attempt on June 16 failed to break the $22,600 resistance. The second attempt at $21,400 on June 21 was followed by an 8% price correction. After two failed breakouts, the price currently trades below $20,000 and …

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News Commentary #1,702 – RoboticsOnline | Africa, Crypto, Binance

RoboticsOnline (reviewed here) platform shared news about Binance, world-known exchanger, and its plans in African digital asset market and Africa as a whole, as one of the places with fast crypto penetration growth. Here’s the details: Exchange giant Binance targets Africa in new awareness tour Binance is planning to launch a crypto awareness tour in Africa The …

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Elon Musk’s Twitter Deal, Bitcoin Adoption Alliance, Delayed Cardano’s Upgrade + More News

Investments news Social media company Twitter’s board of directors urged shareholders to approve the proposed USD 44bn sale of the company to Elon Musk, according to Axios. However, at the Qatar Economic Forum in Doha, Musk said that there are still a few “unresolved matters” about the deal. Digital asset investment firm CoinShares added two …

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News Commentary #1,701 – Breezen | Daily Payouts Despite Crypto Crash + New Payment Method

Breezen ( reviewed here ) has recently announced short but important update for the clients and potential investors who are yet to join the platform or those who are at the moment of choice which coin to use for deposit. *yesterday the website was offline for a short period of time, now everything seems to …

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Price Analysis: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, AVAX

The crypto markets have been in a strong bear phase for the past several months but JPMorgan Chase analysts expect that to change and they have projected a significant upside from the current levels. The analysts cited the rising share of all stablecoins in the total crypto market for their bullish outlook. Unperturbed by the current …

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Bitcoin critics say BTC price is going to $0 this time, but these 3 signals suggest otherwise

Like clockwork, the onset of a crypto bear market has brought out the “Bitcoin is dead” crowd who gleefully proclaim the end of the largest cryptocurrency by market capitalization. If #Bitcoin can collapse by 70% from $69,000 to under $21,000, it can just as easily fall another 70% down to $6,000. Given the excessive leverage in …

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Bitcoin whale support lines up | trader says $14K ‘most bearish’ BTC price target

Bitcoin (BTC) survived another night without breaking $20,000 on June 17 as $14,000 cemented itself as a likely bottom level. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader plans to go “all in” on BTC at $14,000 Data TradingView showed BTC/USD dipping to $20,220 on Bitstamp overnight before rebounding up to $1,200 higher. The pair remained …

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News Commentary #1,700 – RoboticsOnline | ANZ and NAB Banks Will Not Support Crypto Trading

More crypto news from the worldwide were brought to you by RoboticsOnline (reviewed here). This time they are connected with retail crypto traders and two rather big banking giants in Australia. I remind you that RoboticsOnline has being monitored by EN for 343 days already and the whole time on market is already more than 957 days.  Here’s the news: …

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Bitcoin traders expect a ‘long consolidation’ phase now that BTC trades below $21K

Crypto traders had a brief opportunity to pause and take stock of where things are on June 16 as the relentless selling that has hammered Bitcoin (BTC) and the wider market over the past week began to relent despite an ongoing sell-off in the traditional markets. Data shows that after climbing to a high of …

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Bitcoin Bounces 8% from lows amid Warning BTC Price Bottom ‘shouldn’t be like that’

Bitcoin (BTC) spared hodlers the pain of losing $20,000 on June 15 after BTC/USD came dangerously close to last cycle’s high. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin “bottom” fools nobody Data showed BTC/USD surging higher after reaching $20,079 on Bitstamp. In a pause from its sell-off, the pair followed United States equities higher …

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These Stocks Have Fallen More Than Bitcoin Year-to-Date

This year has undeniably been horrible for bitcoin (BTC) investors. But if it’s any comfort, some in the stock market have suffered even more. While BTC is down about 52% year-to-date, a number of companies in the important S&P 500 stock index are in fact down significantly more over the same time period. In descending …

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News Commentary #1,699 – Axil | Chat For Community..?!

Several days ago Axil – the “TRIAL” listing platform announced the launch of internal (working on the website) chat for current clients and new visitors who come there for the first time in order to check the plans and details before any investments. Below you will be able to read this short news update: Community …

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Bitcoin price falls below its ‘realized price’ but is it time to buy the dip?

On June 13, cryptocurrency prices plunged deeper into bear market territory after Bitcoin (BTC) sliced through its current trading range and briefly touched $22,600, its lowest level se since December 2020. According to BTC historical data, the market has now reached valuation metrics that show the price is severely oversold and perhaps near a bottom. …

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