Although most prices in the cryptocurrency market have shown high levels of stagnation in the past week, there were still several notable developments on different fronts.
Starting with US regulations, this week saw discussions for a few separate bills, including the Financial Innovation and Technology for the 21st Century Act, which Democrats claimed still “reeks” of Sam Bankman-Fried – the disgraced former FTX exec who wa...
Bitcoin remained relatively calm after the US Fed’s latest interest rate hike, but the past 24 hours brought a minor retracement that pushed the asset back down to just over $29,000.
Most altcoins have also lost some steam today, with DOGE and MATIC losing the most value from the larger caps.
BTC Struggles at $29K
Bitcoin’s week started on a negative tone as the asset failed during its Sunday conquest at $30,300. The subseq...
The BNB price continues to fluctuate in a range between $220 and $260.
BNB price long-term forecast: fluctuation range
The BNB price has moved and retested between the lower and upper price levels over the past month. It is unlikely that th...
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Chainlink jumped ahead of altcoins in top 30 cryptocurrencies in July with large volume transactions by whales.
Whales holding between 1,000,000 and 10 million LINK tokens are rapidly accumulating the altcoin.
Gains in LINK price over the past two weeks are likely powered by a large volume of transactions of more tha...
Bitcoin’s price is yet to recover above the $30K level after falling below a few days ago. However, the price is currently being supported at around $29,000.
Technical Analysis
By: Edris
The Daily Chart:
On the daily timeframe, the price has been consolidating in a very tight range below the $30K level. The 50-day moving average is around the $29K mark at the moment. If it gets broken to the downside, the 200-day moving ave...
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Cardano price is up 40% since the June 10 low of $0.22, sustaining above an uptrend line with prospects for more gains.
Santiment analytics attributes the rally to growing development activity on the network, with ADA beating Ethereum in third place.
As the token fills a triangle, a breakout with the directional bias p...
All eyes were on the US Federal Reserve yesterday, but the expected interest rate hike didn’t result in any substantial volatility for bitcoin, which remains stuck between $29,000 and $30,000.
The altcoins are slightly in the green, with ETH nearing $1,900 and XRP reclaiming $0.7.
BTC Still Stuck Despite Fed’s Hike
Bitcoin spiked above $30,300 on Sunday after several calm days, but the bears were quick to intercept the move...
Coinidol.com cryptocurrency market analysis. The price of Polygon (MATIC) has reached a new low of $0.72.
Polygon Price Long Term Forecast: Bearish
Polygon price has now fallen to a low of $0.70. Further declines are unlikely as MATIC is trap...
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US House Financial Services Committee has taken measures to reclaim apex position with clear crypto regulatory frameworks.
The move comes as UK, EU, Singapore, and Australia jurisdictions threaten to dethrone the US with more sector clarity.
The HFSC challenges Howey Test’s statutes, seeking to allow digital assets, no...
Bitcoin dipped below $29,000 recently to chart a monthly low but has managed to bounce off and currently sits above that level.
The altcoins also experienced price declines in the past few days, but some, such as DOGE and XRP, have charted some minor gains today.
BTC Maintains $29K
Last week was a rather calm one, which the primary cryptocurrency spent in a tight range of around $30,000. The weekend was similar, and it wasn...
