Monday, May 23, 2022

Ethereum Holds $4,000 and the Trendline: Chart of the Day

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Ethereum has been pulling back since mid-November, potentially creating opportunities for traders. The first pattern on today’s chart is the trendline starting on July 20...

What’s Going On With Cryptocurrencies After Bitcoin’s Selloff This Week?

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Bitcoin is having its worst week in almost two months. Is this the end of the rally, or just a dip along the...

This Week’s Altair Upgrade Moves Ethereum Closer to Proof of Stake and Supply Scarcity

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Ethereum is taking a step this week toward the elusive "proof of stake" model, which promises faster processing times and greater scarcity. The so-called Altair...

Bitcoin Popularity Explodes as ETF Launches and Investors Shed U.S. Treasury Bonds

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Bitcoin's popularity is surging as a long-awaited exchange-traded fund launches. Preliminary analysis from Google Trends showed Bitcoin's popularity jumping to its highest level in at...

Stocks Rebound as Inflation Drives Investors Back to Energy and Value Plays

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Stocks rebounded last week as the U.S. skirted a debt crisis and investors returned to value stocks like energy and financials. The S&P 500 rose...

Big Fish ‘Hodling,’ Brazilian Interest, ETF In the Works? Why Bitcoin Jumped Today

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Bitcoin flew back above $55,000 today on renewed hopes of the digital asset becoming a mainstream store of value. No single event triggered the move....
Bitcoin, Ethereum, Cryptocurrencies

Crypto Bulls Cite Mounting Positives as Gloom Plagues the Market

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Cryptocurrencies like Bitcoin and Ethereum pulled back in September. Now analysts may be seeing potentially bullish trends, even with bearishness plaguing the market. One emerging...

Bitcoin: The Correction that Never Was?

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"What if they gave a war and nobody came?" was a popular saying with protestors in the 1960s. Something similar could be asked of...

Chart of the Day: Ethereum Is Holding $3,000

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Sometimes there's a lot to be said about nice round numbers. This might be one of those times with Ethereum holding $3,000. The level has...

Ethereum’s Supply Is Getting Squeezed as Fee Burning Kicks In

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One week ago, Ethereum implemented an upgrade to control fees and limit supply. It's already having an effect. About 3 Ethereum are getting "burned" each...
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