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Bitcoin (BTC) is likely forming support above the $40,000 level en route to breaking the six-figure mark, according to Bloomberg commodities analysts. In its latest “Crypto Outlook” report, Bloomberg says that traders thinking that Bitcoin is trading between a range of $30,000 and $60,000 may be caught off guard as BTC’s price action progresses. “Bitcoin

Bitcoin’s (BTC) price inched higher over the weekend as bulls try to enforce a trend change while bears attempt to stall the relief rally. On-chain monitoring resource Whalemap highlighted that $38,000 is the critical zone for the whales during any correction as whales had accumulated in this zone last week. On the upside, trader Pentoshi

A decentralized autonomous organization (DAO) set up to support the liberation of WikiLeaks founder Julian Assange from prison has raised 12,569 ETH or around $38.8 million at current prices. Assange is currently fighting extradition to the United States following a court ruling in December that overruled a British court ruling barring extradition. He is currently

This week the total crypto market capitalization rallied 10% to $1.68 trillion, which is a 25% recovery from the Jan. 24 bottom. It’s too early to suggest that the market has found a bottom but two key indicators — The Tether/CNY premium and CME futures basis — have recently flipped bullish, signaling that positive investor

BTC’s attempt to flip $42,000 to support could pull altcoin traders into ETH, NEAR, MANA and LEO.

Bitcoin (BTC) zoned in on a multi-week high for the weekly close on Feb. 6 as a calm weekend helped fragile sentiment. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin should flip $41,000 to support  Data from Cointelegraph Markets Pro and TradingView followed a mercifully non-volatile weekend for BTC/USD, which continued to test $42,000 resistance while

Nonfungible tokens (NFT) have taken the world by storm, resulting in mainstream interest and greater adoption of cryptocurrency. According to blockchain analysis firm Chainalysis, NFT popularity skyrocketed in 2021. Chainalysis’ “NFT Market Report” shows a minimum of $44.2 billion worth of cryptocurrency sent to Ethereum smart contracts associated with NFT marketplaces and collections last year.