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Price analysis 8/24: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, MATIC

Crypto traders expect a range expansion once the Jackson Hole symposium is complete and the Fed’s perspectives on inflation, interest rate hikes and the health of the economy are made…

Continue ReadingPrice analysis 8/24: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, MATIC

A bullish Bitcoin trend reversal is a far-fetched idea, but this metric is screaming ‘buy’

Non crypto-related factors continue to weigh on BTC price, but a key on-chain metric that called previous market bottoms suggests Bitcoin is severely undervalued.

Continue ReadingA bullish Bitcoin trend reversal is a far-fetched idea, but this metric is screaming ‘buy’

Terra’s 2 Classic Coins Mysteriously Spike in Value, USTC Climbs 42% Higher in 24 Hours

During the last 24 hours, crypto asset prices have improved as the global cryptocurrency market capitalization today has risen 1.9% to $1.07 trillion. Interestingly, the two so-called ‘defeated’ Terra blockchain…

Continue ReadingTerra’s 2 Classic Coins Mysteriously Spike in Value, USTC Climbs 42% Higher in 24 Hours

What crashed the crypto relief rally? | Find out now on The Market Report

On this week’s episode of “The Market Report,” Cointelegraph’s resident experts discuss what factors lead to the collapse of the bear market rally.

Continue ReadingWhat crashed the crypto relief rally? | Find out now on The Market Report

Canaan exec says opportunity outweighs crisis as Bitcoin miners struggle with shrinking profits

This bear market is proving to be especially tough for Bitcoin miners, but Canaan senior vice president Edward Lu says the industry is “evolving toward a positive long term.”

Continue ReadingCanaan exec says opportunity outweighs crisis as Bitcoin miners struggle with shrinking profits