Bitcoin price started a fresh decline after it failed to stay above USD 38,000. BTC declined below USD 36,500, but it managed to stay above USD 35,000. It is currently (11:55 UTC) moving higher above USD 36,700. Similarly, most major altcoins are trading above key support levels. ETH found support near USD 2,350 and recovered above USD 2,400.
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Bitcoin price attempted a close above the USD 38,000 resistance zone. BTC failed to gain strength after the Fed statements, resulting in a fresh decline below the USD 37,000 level. It is currently (04:17 UTC) trading below USD 36,000 and showing bearish signs. Similarly, most major altcoins started a fresh decline.
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________…Read More: Five Star Bank Goes Bitcoin, Picasso NFTs, Binance Unfreezes SEPA Deposits + More News…
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Bitcoin price is showing a few positive signs above the USD 37,000. BTC even climbed above USD 37,500 and is currently (11:30 UTC) eyeing an upside break. A close above USD 38,000 might start a wave towards the USD 40,000 level. Similarly, most major altcoins are slowly rising. ETH was able to clear the USD 2,500 resistance level.
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Bitcoin price started an upside correction above the USD 36,000 resistance zone. BTC was even able to clear the USD 37,000 level. It is currently (04:15 UTC) showing positive signs near USD 37,400 but is facing a key hurdle near USD 37,500. Similarly, most major altcoins are also moving higher. ETH is facing resistance near the USD 2,500 level.
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________…Read More: YouTube NFTs, MicroStrategy to Keep Buying Bitcoin + More News…
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Three of the Central Asian countries — Kazakhstan, Uzbekistan, and Kyrgyzstan — have been hit by a power blackout after Kazakhstan’s North-South power line was disconnected due to “emergency imbalances.” However, Kazakhstan has blocked companies mining cryptoassets from Jan. 24 to Jan. 31, a spokeswoman for state-run grid operator KEGOC said, per Bloomberg.
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Bitcoin price formed a base and started a decent increase above USD 35,000. BTC was able to clear the USD 36,000 resistance. It is currently (11:55 UTC) up 8% but there is a major hurdle waiting near USD 37,000. Similarly, most major altcoins are approaching key barriers. ETH must clear USD 2,500 for a stronger recovery.
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Ethereum.org will stop using the conventional “ETH1” and “ETH2” terms when referring to the phases of Ethereum (ETH)’s development – instead adopting the use of “execution layer” and “consensus layer.”…Read More: Ethereum.org Shifting from ‘ETH 1’ and ‘ETH 2’ to ‘Execution Layer’ and ‘Consensus Layer’…
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Bitcoin price found support near USD 33,000 and started an upside correction. It is currently (04:15 UTC) up 3%, is trading near USD 36,500 and facing resistance near USD 37,000. Similarly, most major altcoins are attempting an upside correction. ETH spiked towards USD 3,150 before recovering higher. XRP is consolidating near the USD 0.
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