What Changed in Crypto Markets While You Were Sleeping — April 7

2021-4-7 12:00

BeInCrypto presents our daily morning roundup of crypto news and market changes that you might have missed while you were asleep.

Bitcoin update

BTC has been moving downwards since getting rejected by the $59,500 resistance area on April 6.

The decrease has been gradual, but technical indicators are still bearish. 

The MACD has crossed into negative territory and the RSI is at risk of falling below 50. 

The next closest support levels are found at $56,500 and $55,300.

BTC/USD Chart By TradingView Altcoin movers

Altcoins have been on a roller coaster ride of price movements in the past 24 hours.

After an 80% gain over the past two days, XRP has jumped back into the fourth spot in terms of market cap. It’s currently trading for $0.97 with a $1.5 billion lead over the #5-ranked Tether (USDT).

Bitcoin Gold (BTG) has been the biggest altcoin gainer in the top-100. It’s trading at $106 after a 71% gain in the past 24 hours. BTG is up a grand total of 163% in the past week alone.

Although it was yesterday’s top gainer, Stacks (STX) is down 30% in the past 24 hours. It’s dropped back to the #67 position and is trading for $1.63.

In other crypto news Arthur Hayes, co-founder and former CEO of the BitMEX exchange, has surrendered and will face charges relating to the failure to implement money laundering measures. A resident of Singapore, Hayes turned himself over to U.S. authorities. Following his surrender, he appeared in court in Honolulu, Hawaii. Less than a week after its launch, the controversial Fei Protocol has already found a vulnerability in its code. The team was quick with a fix but it did not prevent the stablecoin from losing 20% off its peg. The latest decentralized finance protocol to launch its own token is crypto wallet provider Instadapp. The project is also one step closer to its next big upgrade to Layer 2.

The post What Changed in Crypto Markets While You Were Sleeping — April 7 appeared first on BeInCrypto.

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Источник: beincrypto.com

april still → Результатов: 126


Фото:

Bitcoin (BTC) price analysis for April

Bitcoin (BTC) price is still trading below the $60,000 mark as buyers take a step back to allow for consolidation to take place.  Fundamental analysis: Kevin O’Leary says he will not buy “blood” Bitcoin mined in China Canadian businessman and investor Kevin O’Leary said he will only purchase Bitcoin mined in countries that use clean […] The post Bitcoin (BTC) price analysis for April appeared first on Invezz.

2021-4-7 11:12


Фото:

Bitcoin Price Predictions Continue Outlandish Trend: We Measured Them In Cars.

Bitcoin price predictions are turning into a cottage industry. Since the ‘Bitcoin boom‘ in early April, Fundstradt’s Tom Lee –  the Tiresias of the modern age – has told anyone who’ll still listen that prices will exceed $10,000 this year (equivalent to this 2011 Toyota Avalon with $133k miles), while Bobby Lee (no relation) suggests […] The post Bitcoin Price Predictions Continue Outlandish Trend: We Measured Them In Cars. appeared first on Crypto Briefing.

2019-5-24 14:59


ETH / USD Price Analysis: Bearish Inertia

Ethereum has a neutral short-term trading bias, with the ETH / USD pair testing back towards its 200-period moving average on the four-hour time frame ETH still retains its bullish medium-term trading bias Buyers now need to move price above the April trading high or ETH / USD could come under downside pressure Ethereum / […] The post ETH / USD Price Analysis: Bearish Inertia appeared first on Crypto Briefing.

2019-5-6 16:49


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