This week, Bitcoin had made history when it recorded its eighth consecutive red weekly close. This first-of-its-kind streak had cemented the digital asset on one of the worst bearish trends that have ...
Tag: Weekly
Following a 7% Weekly Drop, SHIB’s Momentum Dissipates
Shiba Inu has not found any direction in the past week, with price moving sideways. Key Support level: $0.000010 Key Resistance level: $0.000014, $0.000017 Due to the low volatility in the market, SHI...
Bitcoin is forming its 9th straight weekly red candle; Is a reversal imminent?
On May 23, Bitcoin (BTC) formed its eighth straight red weekly candle for the first time in the flagship digital assets history. The current situation in the cryptocurrency market remains bearish, and...
Bitcoin price returns to weekly lows under $29K as Nasdaq leads fresh US stocks dive
Bitcoin (BTC) fell on the May 24 Wall Street open as weakness in stocks saw sell-side pressure return. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Equities give crypto no respite Data ...
Bitcoin Registers 8 Consecutive Weekly Candle in Red
Despite reclaiming the $30,000 mark late last night, bitcoin still closed the weekly candle in the red. Thus, the cryptocurrency extended its negative streak to eight consecutive weeks. 8 in a Row in ...
Bitcoin Closes Eighth Bearish Weekly Candle First Time in History
Bitcoin (BTC) is trading around the $30,000 level. Last week between May 16 and 22, it generated its eighth consecutive bearish weekly candle. Such a situation has never happened before in the history...
8 Consecutive Red Candles on Weekly Timescale for BTC
Bitcoin Analysis Bitcoin’s bulls outbidded bearish traders on Sunday to paint a green daily candle [+$844] yet bears still won the weekly candle and painted a red candle for the 8th consecutive week....
Tether and USDC to Publish Assurance Reports Weekly – Coinpedia – Fintech & Cryptocurreny News Media
The failure of algorithmic stablecoin TerraUSD earlier this month prompted investors to seek refuge in other crypto assets that try to maintain a one-to-one peg with the US dollar. Tether’s USDT brief...
Circle to Issue Weekly USDC Reserve Reports — Tether Publishes May 2022 Assurance Report – Altcoins Bitcoin News
The co-founder and CEO of Circle, Jeremy Allaire, has announced the cryptocurrency firm that issues the stablecoin usd coin plans to provide the public with weekly stablecoin reserve reports. Addition...
Crypto Weekly Roundup: CEO Still Trusts BTC, Cloudflare Takes On New Challenge, Terra Starts Revival Plan, And More
The market is still reeling from the dramatic plunge of the UST stablecoin and the Terra ecosystem. In the meantime, different industry leaders have been chiming in with their take on the Bitcoin ques...
Musk and Goldman Sachs’ Blankfein Weigh In; Galaxy Digital’s CEO Talks on Terra Collapse — Bitcoin.com News Week in Review – The Weekly Bitcoin News
This week, both Goldman Sachs’ Lloyd Blankfein and Tesla boss Elon Musk weighed in on the issue of an impending recession in the U.S., issuing sobering estimations. In the wake of Terra’s epic implosi...
Bitcoin targets record 8th weekly red candle while BTC price limits weekend losses
Bitcoin (BTC) gave bears little joy over the weekend as the May 22 weekly close looked set to revolve around $30,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Waiting for Bitcoin to...
GBP/USD Weekly Price Forecast – The British Pound Slams Into Resistance
British Pound vs US Dollar Weekly Technical Analysis The British pound has turned around to show signs of strength, perhaps trying to recover the oversold condition. The candlestick is rather impressi...
Gold Price Prediction – Gold prices hit their first weekly gains since mid-April amid a softer dollar
Key Insights Gold prices traded flat but began to capitalize on falling yields. Investors fear recession among weaker economic data. Treasury yields continued to face downward pressure. Gold prices ma...
Stocks end volatile session flat but log longest weekly losing streak since 2001
U.S. stocks ended a volatile session little changed on Friday, but still logged steep weekly losses. The S&P 500 posted its longest weekly losing streak since the dot-com bubble burst, as concerns...
This Week [In] Crypto – NFTs Highest Weekly Sales Overview (May 20)
NFTs continue to reach new milestones with top 10 projects featuring strongly in weekly sales, despite overall negative crypto market sentiment. Bored Ape Yacht Club (BAYC) Yuga Labs’ Bored Ape Yacht ...
Gold, Stocks, and Bitcoin: Weekly Overview — May 19
Be[In]Crypto brings you this week’s price movements for gold, stocks, and Bitcoin (BTC) – our stock pick this week is Coinbase. BTC As badly as Bitcoin (BTC) has performed recently, the pa...
Weekly mortgage demand from homebuyers tumbles 12%
A sign of a home for sale is pictured in Alhambra, California on May 4, 2022. Frederic J. Brown | AFP | Getty Images Mortgage rates actually fell slightly last week, but the damage has already been do...
This Weekly Chart Pattern Might Suggest That Shiba Inu Price Remains on Track
Shiba Inu continues to trade in a triangle pattern with support near $0.0000087, according to its weekly chart. While the price is looking set for incoming price movement within the triangle formation...
Crypto Investors Buy Market Dip, Weekly Inflows Hit Record High
The crypto market has plunged to its lowest level in approximately 12 months. However, the negative market sentiment has not affected institutional investors. The weekly digital asset fund flows repor...
Bitcoin closes 7th red weekly candle for first time ever
Disclaimer: This article contains technical analysis, which is a methodology for forecasting the direction of prices through the study of past market data, primarily price and volume. The content pres...
Crypto Weekly Roundup: Terra’s Debacle, Market Crash, SBF’s Robinhood Acquisition, Azuki Founder’s Shady Past, Germany’s Crypto Tax, And More
The crypto space has had a difficult week, with the UST crumbling and LUNA’s value dropping to zero, resulting in possibly the worst week the crypto space has endured since the March 2020 crash, drawi...
Terra’s Big Backers, Shanghai Court Declares Bitcoin Property, BTC Obituaries, and Triple Top Hopes — Bitcoin.com News Week in Review – The Weekly Bitcoin News
With the nightmare nosedive of Terra’s LUNA and UST, the Shanghai High People’s Court declaring that bitcoin is virtual property protected by Chinese law, a surge in Bitcoin Obituaries, and some hopin...
GBP/USD Weekly Price Forecast – The British Pound Continues to Meltdown
British Pound vs US Dollar Weekly Technical Analysis The British pound initially tried to rally during the trading week, but then fell apart as it looks like we are going to continue to see a massive ...
Ripple Sits at a Long-Term Support Following 30% Weekly Crash, Rebound In Sight? (XRP Technical Analysis)
The market is still in shock due to the deep collapse in recent days. Investors are skeptical, and it remains to be seen when the bulls will return to the market. Technical Analysis By Grizzly The Dai...
Crypto Market Rout Pulls the Floor out From Blue-Chip NFTs, Weekly Sales Down 64% – Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a ...
Nasdaq jumps 3.8% as US stocks pare weekly losses
US stocks rallied Friday to close higher and see the major indexes pare weekly losses after a brutal sell-off. As investors head into the weekend, a market analyst has told CNBC that the coming week ...