The dangers posed by stablecoins to the traditional market cannot be dismissed due to Tether’s exposure to the U.S. credit system.
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Category: Market Analysis
Analysts flag Bitcoin price levels to watch after LFG sells 80K BTC
$20,000 or $32,000? Both feature in the outlook for Bitcoin price action going forward.
Bitcoin stays under $30K as LUNA gains 600% during ‘insane volatility’
Traders’ risk appetite seems untainted as speculation around LUNA runs wild once again.
3 reasons why Cardano can sink further despite ADA price bouncing 58%
A mix of fundamental and technical indicators suggests more pain for Cardano bulls ahead.
Ethereum in danger of 25% crash as ETH price forms classic bearish technical pattern
ETH’s price risks declining further despite rebounding over 20% in the last three days.
Analysts say Ether price must hold this key level to avoid a capitulation-like move
Traders identify key support and resistance levels that Ethereum must hold as ETH price trades at levels not seen since July 2021.
Canadian Bitcoin ETF adds 6.9K BTC in one day as GBTC discount hits record low
It’s a polarizing world in institutional Bitcoin offerings this week as Grayscale’s CEO remains convinced demand will return.
BitKwonnect? ‘Luna Brothers’ moment sees Terra inflate token supply 3,500% overnight
There is now 6.9 trillion LUNA in circulation, while the coin’s value is practically zero in U.S. dollar terms.
Look out below! Ethereum derivatives data hints at further downside from ETH
ETH options pricing and the top traders’ long-to-short ratio signal a lack of confidence in the $1,700 support.
Bitcoin price could bounce to $35K, but analysts say don’t expect a ‘V-shaped recovery’
Daily closes above $30,000 could be a sign that BTC price is ready to consolidate, but traders warn against “generational bottoms” and “V-shaped” recoveries.