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Cryptocurrency technical analysis: bears drive the crypto market movement
Cryptocurrency technical analysis: bears drive the crypto market movement
The negative sentiment continues to reign in the crypto asset market, as indicated by technical and fundamental analyzes. Thus, the drop in demand for many top altcoins caused by the bitcoin correction has already led to the fact that the bears have reached many targets located in the support area. At the same time, several interesting events took place on the crypto market over the past working week.
Cryptocurrency technical analysis: bears drive the crypto market movement
Cryptocurrency technical analysis: bears drive the crypto market movement
The negative sentiment continues to reign in the crypto asset market, as indicated by technical and fundamental analyzes. Thus, the drop in demand for many top altcoins caused by the bitcoin correction has already led to the fact that the bears have reached many targets located in the support area. At the same time, several interesting events took place on the crypto market over the past working week.
Cryptocurrency technical analysis: neutral market dynamics before a powerful movement
Cryptocurrency technical analysis: neutral market dynamics before a powerful movement
This week, most stock market assets showed a neutral movement, which did not give investors clear signals about the need to take bull or bear positions. This trend was reflected in the cryptocurrency market. So, bitcoin continues to move below the key level of $10,000 and is unlikely to overcome it in the coming days. At the same time, it is worth noting a number of positive factors for the development of the price dynamics of crypto assets. Experts from one of the largest US banks, JPMorgan, presented a review according to which in March, bitcoin successfully passed its first stress test “mostly positive”.
BlockFi is raising interest rates on bitcoin and ether
BlockFi is raising interest rates on bitcoin and ether
Cryptocurrency lender BlockFi revealed it will raise interest rates on Bitcoin and Ether, effective April 1
ConsenSys, EY team up with Microsoft to build an Ethereum-based protocol for enterprise use cases
ConsenSys, EY team up with Microsoft to build an Ethereum-based protocol for enterprise use cases
ConsenSys and Ernst & Young (EY) announced the two firms are developing a new Ethereum-based protocol, dubbed Baseline Protocol, in collaboration with Microsoft.