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Timmy Broadwell
The cryptocurrency market witnessed a rally following the Federal’s move to execute the expected 75 basis point rate hike. Bitcoin price surged more than 9% within the past day to surpass $23.2K. That triggered uptrends in the altcoin market, with Ethereum gaining more than 13% over the previous day to topple $1.6K. However, The Macro … Read more
Ethereum has seen a somewhat challenging journey during July sessions. The leading alt explored the lows of $1,040 before climbing towards $1,640 within three weeks. This price change of more than 58% is unusual normalcy for leading chains like Bitcoin and Ethereum. However, the recent sluggish start of the week triggered some worry. Moreover, traders … Read more
The global crypto market capitalization dropped over 4% within 24 hours to hover lower at $966.86 billion. On the other hand, total crypto trading volume gained approximately 18% to $75.16 billion. The crypto space extended downward tendencies on Tuesday as investors await the upcoming policy meeting by the Fed Reserve. Market players have started countdowns … Read more
Briefly Verizon Communications announced its Q2 outcomes on Friday. Verizon updates the 2022 financial year’s guidance. The steady support area stands at $40. Verizon Communications announced its second-quarter earnings on Friday and revised its guidance for the financial year 2022. Its stock trades under NYSE: VZ ticker. Meanwhile, Verizon shared deteriorated to $43.77 from $51.22 … Read more
Polygon buyers finally accumulated enough strength to catalyze a bullish overturn on the Exponential Moving Average ribbons last week. A steady buying spree saw The alternative token float beyond the 38.2% FIB mark. Bulls overpowered the previous FIB levels following ascending triangle breakouts. Sustained bullish efforts might support bulls in triggering the 50% FIB retest … Read more
Briefly – Tesla sold 75% of its BTC holdings. The global carmaker purchased Bitcoin worth $1.5 billion in Feb 2021. The company revealed BTC investment negatively affected its Y/Y operating income. Tesla published its second-quarter results on 20 July, and the electric car manufacturer highlighted its Bitcoin (BTC) holdings. Data shows Tesla sold 75% of … Read more
July has proven a lucrative month for the crypto after 2022’s first six months dragged most digital coins to abysmal depths. July 18 saw the world’s leading crypto, Bitcoin, breaking past $22,500 before stretching higher during intraday sessions. That triggered massive leg-ups in the alt market, with Ethereum climbing beyond $1,600 to explore price levels … Read more
Briefly – The Wise share price gained over 10% on Tuesday. The company announced its users increased to 2.7%. Its revenue surged to more than 185M pounds during the quarter. Wise (LON: WISE) share witnessed its price gaining over 10% during Tuesday’s early sessions. The leg up emerged after the firm announced massive quarterly earnings. … Read more
Briefly – BOJ is about to reveal its financial decision. USD-JPY exhibits bullishness while beyond the 0-2 trend line. Elliot Waves suggests actions towards 147. This week remains a special one for financial market enthusiasts. The ECB (European Central Bank) will meet on Thursday. And that could be the trading week’s highlight, but market players … Read more
The global crypto market capitalization is close to $1 trillion, as Bitcoin explores weekly highs and Ethereum Classic explodes by 33%. Bitcoin extended its upside following yesterday’s brief decline and climbed beyond $21.5K to print a weekly high. The alternative tokens joined green, with Ethereum hitting monthly highs, whereas Solana, BNB, MATIC, and Polkadot recorded … Read more
Polkadot’s DOT formed a support level around the $6.40 mark after bottoming in June. The altcoin retested this foothold several times within the past few weeks. Another retest appeared this week, but the support presented weakness signals this time. July 12 sessions saw DOT dipping towards the $6.26 lows after breaching a support line. That … Read more
Early June sessions saw the leading altcoin falling below the demand zone of $1,700, and Ethereum has no immediate recovery plans. ETH has held the support band of $1,000 within the previous month, whereas it failed to overcome the resistance zone at $1,300. ETH Ranges Between $1K and $1.2K Though Ethereum appeared to form a … Read more