With the bear cycle cracking below the support trendline, the sellers plan a downfall below the $70 mark. Moreover, the retest of the bearish breakout brings an entry point for sellers. However, will the AVAX buyers step in at the horizontal level, or a clean bearish cut will continue the downfall. Thus, should you keep holding to surpass the downfall, or is it a time to sell?
South Korean investors have been betting on a number of cryptoassets beyond the top two by market capitalization – Bitcoin ($BTC) and Ethereum ($ETH) – as their top holdings asl include Cardano ($ADA), $XRP, and the meme-inspired cryptocurrency Dogecoin ($DOGE). According to a study conducted by various leading...
Bitcoin mining difficulty is expected to jump 4.51% to hit a record high of 29.50 T in the next few hours as adoption increases. The current difficulty on the entire Bitcoin network is 28.23 T and the hashrate is 219.65 EH/s. The last time Bitcoin mining difficulty reached ATH was on March 31, when the BTC price was trading near $48k levels. The Bitcoin price is currently trading in the 39k-40k range as the supply is to get impacted in...
Horacio Rodríguez Larreta, who is the mayor of Buenos Aires, says he wants residents of Argentina’s capital to be able to pay municipal taxes using cryptoassets. According to a report by CoinDesk, on Monday (Apr 25), the 56-year-old economist and politician, who has been the mayor of the City...
Bitcoin (BTC) slumped on Wednesday, sinking below a key support level and triggering mass liquidations across the crypto market. The token’s latest slump appears to be directly tied to a drop in major U.S. technology stocks. BTC sank over 5% in the past 24 hours, and is trading around $38,500 as of writing. In comparison, the Nasdaq 100 index slumped nearly 4% on Tuesday as investors feared an economic slowdown that could hurt earnings.
Bitcoin and the broader cryptocurrency market have once again entered a sharp correction after a brutal sell-off on Wall Street on Tuesday, April 26. The world’s largest cryptocurrency has failed to hold above $40,000 and is currently down 5.30% trading at a price of $38,403 with a market cap of $730 billion. However, BTC could be seen taking support at these levels as per popular crypto analyst Lark Davis. Interesting place for #bitcoin to bounce! pic.twitter.com/QLctvUTJTW — Lark Davis (@TheCryptoLark)...
Cardano ($ADA) developer Input Output has proposed increasing the network’s block size by 10% from 80 KB to 88 KB per block as the network load has been holding above the 80% mark in a bid to “increase throughput and DApp performance.” According to a series of tweets...
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