Market updates

Bitcoin, Ethereum Technical Analysis: ETH on the Cusp of $1,200 Following Breakout of Key Resistance Level

Coins Legend June 24, 2022 0

Bitcoin edged marginally higher on the last Friday of the month, breaking out of its recent resistance of $21,100 in the process. ETH was also in the green during today’s session, climbing by nearly 5% to move past a price ceiling of its own. Bitcoin Following a turbulent week of trading, BTC

Market updates

Bitcoin, Ethereum Technical Analysis: Bullish Sentiment Returns to BTC Following Yesterday’s Sell-off

Coins Legend June 23, 2022 0

Following yesterday’s drop in price, bitcoin stabilized during Thursday’s session, as prices hovered marginally below $21,000. Bulls are attempting to take BTC back towards this resistance level, which was broken as a result of Wednesday’s sell-off. Bitcoin BTC was trading marginally below $21,000 on Thursday, as prices slightly rebounded following declines on hump day.

Mining

Following BTC’s Price Drop, Bitcoin Miners Benefit From a 2.35% Difficulty Reduction

Coins Legend June 22, 2022 0

During the past week, Bitcoin’s hashrate has dropped a few percentages after reaching 288 exahash per second (EH/s) on June 8, 2022. Bitcoin miners, however, got a break on Wednesday, June 22, as the mining difficulty dropped by 2.35% making it easier for miners to find blocks. The 2.35% drop brings the difficulty down to […]

News

Bitcoin․com Exchange Market Insights Report for June 2022

Coins Legend June 22, 2022 0

This is the June 2022 monthly market insights report by Bitcoin.com Exchange. In this and subsequent reports, expect to find a summary of crypto market performance, a macro recap, market structure analysis, and more. Crypto Market Performance Crypto markets continued on a downtrend as BTC and ETH were down 30% and 44% respectively over the […]

News

Central African Republic President on BTC Volatility: ‘Mathematics Don’t Account for Human Emotions’

Coins Legend June 22, 2022 0

In an apparent message to critics of the Central African Republic’s bitcoin decision, the country’s president, Faustin-Archange Touadéra, recently argued that understanding the crypto’s disruptive power is crucial and that “mathematics don’t account for human emotions.” According to Touadéra, the country’s future generations are likely to applaud his government for

Market updates

Bitcoin, Ethereum Technical Analysis: ETH, BTC Climb for Back-to-Back Sessions for First Time in Nearly 2 Weeks

Coins Legend June 21, 2022 0

Bitcoin was trading higher for a second consecutive session on Tuesday, which is the first time it’s seen back-to-back gains in over two weeks. ETH also climbed in today’s session, as bulls continued to re-enter the market. Bitcoin BTC was trading higher for a second consecutive session on Tuesday, as markets continued to move away […]

Market updates

Bitcoin, Ethereum Technical Analysis: BTC Back Above $20,000 as Cryptos Rebound

Coins Legend June 20, 2022 0

Following a weekend trading below $20,000, bitcoin rallied by over 10% on Monday to recapture this level. Cryptocurrencies were mainly in the green to start the week, as bulls seemingly bought the weekend’s dip. ETH was almost 15% higher in today’s session. Bitcoin Bitcoin rebounded from recent drops to start the week, as prices were […]

Market updates

Salvadoran President to Bitcoin Investors: Your BTC Investment Is Safe, Will Immensely Grow After Bear Market

Coins Legend June 19, 2022 0

The president of El Salvador has some advice for bitcoin investors. He believes investments in the largest cryptocurrency are safe and will “immensely grow” after the bear market. El Salvador’s President on Bitcoin Investments The president of El Salvador, Nayib Bukele, has spoken up about bitcoin investments amid BTC’s heavy sell-off. El Salvador has purchased […]

News

$100K BTC Predictions, Peter Schiff on Recession and Bitcoin, Bill Gates Slams NFTs — Bitcoin.com News Week in Review

Coins Legend June 19, 2022 0

It’s been a week of polarizing opinion in crypto news. Whether it’s cryptocurrency fund managers predicting $100K bitcoin by the end of the year, Peter Schiff saying things “will only get worse as the recession deepens,” or Bill Gates slamming crypto and NFTs, citing the Greater Fool Theory, there’s been no shortage of spicy debate […]

Market updates

Bitcoin, Ethereum Technical Analysis: BTC Below $20,000, ETH Slips Under $1,000

Coins Legend June 18, 2022 0

Bitcoin fell below $20,000 on Saturday, as the sell-off in cryptocurrency markets continued to start the weekend. ETH was also trading below a key level, as prices fell below $1,000 for the first time in over 18 months. Bitcoin Bitcoin fell below $20,000 on Saturday, as bearish momentum extended entering the weekend. Despite the best […]