Ethereum price analysis: ETH fails to hold $2,400, set to fall lower

  2022-01-25 02:32:49

The Ethereum price analysis for Jan 25, 2022, suggests that the world’s second-biggest cryptocurrency is trying to create a support zone near $2,400, but it seems that the selling pressure will bring the prices further down. Comparing ETH to our Bitcoin price analysis for Jan 25, 2022, it seems that the bearish momentum still prevails as […]The post Ethereum price analysis: ETH fails to hold $2,400, set to fall lower appeared first on Blockchain, Crypto and Stock News.

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Bitcoin price analysis: BTC reclaims $36K as the struggle continues

  2022-01-25 02:12:10

Bitcoin price analysis for Jan 25, 2022, comes with a slightly optimistic view towards the BTC prices as the token has reclaimed the $36K support but is facing strong resistance at $40K. A breach above these levels will confirm an uptrend. The data from CoinMarketCap suggests that the world’s biggest cryptocurrency is still facing a downtrend with […]The post Bitcoin price analysis: BTC reclaims $36K as the struggle continues appeared first on Blockchain, Crypto and Stock News.

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Bitcoin: Halving Cycle Resumes, Backed By Fundamental Catalysts

  2022-01-25 01:35:41

Bitcoin's past 2 halving cycles suggest Bitcoin is technically in a bear market since May 2021.This is evident as Bitcoin followed through 3 out of 5 sequences of events in a typical bear market before being disrupted by the launch of NYSE Bitcoin Futures ETF.The recent stock market meltdown caused by inflation, tapering, and rate hikes served as a catalyst to push Bitcoin back into the bear market.The same halving cycle also suggests that Bitcoin will reach at least $100,000 in the next bull run in 2024; this technical observation is also backed by fundamental evidence.With the help of the halving cycle, we identified 3 critical support levels to dollar-cost average into Bitcoin: $30,000, $20,000 and $10,000.

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Bitcoin Miners In Kosovo Sell Mining Equipment Causing Panic After Federal Ban

  2022-01-25 00:37:35

Europe’s country Kosovo bans cryptocurrency and Bitcoin mining due to spiking energy prices and blackouts. Amid the crack-down against Bitcoin mining, miners within the country have started selling off their mining equipment. The country uses low-quality coal harvested in large quantities in Kosovo called “Lignite” to fuel over 90% of its local energy. In doing […]

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