Cointelegraph By Jordan Finneseth
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Bitcoin price surges to $21.8K, but analysts warn that the move could be a fakeout
Cointelegraph By Jordan Finneseth - 0
Hope springs eternal for many crypto investors after the market saw positive price movement on July 7, alongside gains in the traditional market. With Bitcoin now back below its 200-week MA for only the fourth time in its history, speculation has begun to mount about how long it will...
P2E gaming is in a rut, but Axie Infinity (AXS) could rebound for 3 key reasons
Cointelegraph By Jordan Finneseth - 0
Play-to-earn gaming was one of the breakout sectors of the cryptocurrency market in 2021 and the trend was led by Axie Infinity (AXS), a mobile, blockchain-based game where users collect, breed, raise and battle nonfungible tokens (NFTs) called Axies for monetary rewards. As the market topped and then entered...
Bitcoin price holds $20K, but analysts say ‘expect 6 months of sideways’ price action
Cointelegraph By Jordan Finneseth - 0
Trading across the cryptocurrency market was relatively subdued on July 5 as the ecosystem continues to digest the fallout from the Three Arrows Capital scandal and Voyager Digital announcing that it has filed for Chapter 11 bankruptcy protection. Data from Cointelegraph Markets Pro and TradingView shows that the price...
Bitcoin exchange outflows surge as ‘not your keys, not your crypto’ comes back into fashion
Cointelegraph By Jordan Finneseth - 0
Bear markets in cryptocurrency are known to be painful, but the month of June was especially trying for the crypto faithful as a confluence of factors resulted in the price of Bitcoin (BTC) falling 37.9%, its worst monthly performance since 2011.Even with crypto in a bear market, several...
Bitcoin price swings 7.5% during intraday trading as US recession concerns mount
Cointelegraph By Jordan Finneseth - 0
The cryptocurrency market along with the tech-heavy Nasdaq saw a bit of positive price action on July 5 amid a backdrop of rising recession concerns in the United States. Data from Cointelegraph Markets Pro and TradingView shows that an early morning onslaught by bears managed to drop Bitcoin (BTC)...
Bitcoin trader says expect more chop, downside, then sideways price action for BTC this summer
Cointelegraph By Jordan Finneseth - 0
Discussion of the state of the crypto market has been a dominant headline over the past few weeks as non-crypto native media excoriate Bitcoin (BTC) and DeFi investors for investing in assets with no fundamental value. At the same time, crypto-savvy analysts and traders have been pouring over charts,...
The cryptocurrency market has had a rough go this year and the collapse of multiple projects and funds sparked a contagion effect that has affected just about everyone in the space. The dust has yet to settle, but a steady flow of details is allowing investors to piece together...
Traders debate whether Solana (SOL) is a buy now that it’s down 87% from its all-time high
Cointelegraph By Jordan Finneseth - 0
The crypto sector is caught in a deep correction and recent reporting shows that a majority of altcoins are more than 70% down from their 2021 highs. Solana is among that list and investors are on the fence about whether the token has strong enough fundamentals to warrant...
Stratis (STRAX) gains 200%+ after Sky Dream Mall metaverse and stablecoin announcement
Cointelegraph By Jordan Finneseth - 0
Bear markets can be incredibly harsh for projects that have little adoption or lack an applicable use case, but projects that dedicate to building regardless of market sentiment tend to succeed in the next market cycle.One project that has seen a noticeable boost in volume, despite the wider-market...
Key Bitcoin price metrics say BTC bottomed, but traders still fear a drop to $10K
Cointelegraph By Jordan Finneseth - 0
The crypto market is currently going through a period of heightened volatility as global economic conditions continue to worsen amid a backdrop of rising inflation and interest rates. As the headwinds impacting global financial markets beat down all traces of bullish sentiment, many crypto investors are predicting that Bitcoin...