Bitcoin (BTC) bounced at the pivotal $58,400 during Nov. 17 as the day continued choppy price action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst: This isn’t the “real” bear marketData from Cointelegraph Markets Pro and TradingView showed BTC/USD abruptly reversing after its fourth wick below $59,000 in 24 hours.The $58,400 level had been pronounced as a … [Read more...] about Bitcoin toys with $60K as crucial price support level sees multiple retests
Crucial
Ethereum (ETH) jumps, then dumps, ahead of crucial EIP-1559 upgrade
Ethereum, the world’s most-used blockchain, jumped to over $2,700 ahead of the EIP-1559 set for later today, data from multiple sources shows.EIP-1559 is one of the most important changes to ever happen to Ethereum. Tomorrow brings incredible progress, and we can't wait.London's calling!— Lido (@LidoFinance) August 4, 2021Termed ‘London,’ the upgrade is expected to take place … [Read more...] about Ethereum (ETH) jumps, then dumps, ahead of crucial EIP-1559 upgrade
Bitcoin price dips below crucial $33K support as Bitfinex shorts jump by over 5,000 BTC
Bitcoin (BTC) fell below $33,000 support on Thursday as a trusted trading range risked getting invalidated.BTC/USD 1-minute candle chart (Bitstamp). Source: TradingViewTrader: $31,000 retest next for BTCData from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping into the $32,000 range during trading on Thursday.The move followed an overnight retracement from … [Read more...] about Bitcoin price dips below crucial $33K support as Bitfinex shorts jump by over 5,000 BTC
This crucial Bitcoin metric reached a high. But traders don’t seem to care
Bitcoin spot exchanges outflow transaction count hit a year high, data from CryptoQuant, a popular on-chain data analysis tool for Bitcoin and other cryptocurrencies, showed.$BTC spot exchanges outflow transaction count hits a year highView chart?https://t.co/GMN0Qjtjqy pic.twitter.com/pBXnnngBaQ— CryptoQuant.com (@cryptoquant_com) July 6, 2021As the network re-adjusted its … [Read more...] about This crucial Bitcoin metric reached a high. But traders don’t seem to care
ETH ‘supply shock’? Devs signal crucial Ethereum update in August
Ethereum developer Tim Beiko has signaled an early August launch for the protocol’s ‘London’ upgrade, an official proposal on GitHub shows. “This pull request proposes block 12965000 for the mainnet activation of the London network upgrade. The ETA for this block should be between 13:00 UTC and 17:00 UTC on August 4, 2021,” Beiko wrote, adding: “If we can roughly hit that … [Read more...] about ETH ‘supply shock’? Devs signal crucial Ethereum update in August