Price analysis: BTC, ETH, BNB

Redakcja
Bitcoin’s (BTC) tough recovery and move towards the psychological level at $50,000 has become better and has improved the overall sentiment in the crypto sector. This has increased the total crypto market capitalization to over $1.9 trillion.

Ethereum supply changes to deflation due to gas fees increase

Redakcja
A sudden increase in gas fees and ETH burn rates has led to almost 800 deflationary blocks so far. The aspects of Ethereum’s deflation were witnessed at London upgrade last week on the Blockchain with almost 800 “deflationary blocks” made.

Price analysis: BTC, ETH, BNB

Redakcja
Bitcoin’s (BTC) retrieved from $29,482.61 on July 21 has gone on to transcended one resistance after another. Bitcoin went higher above the 200-day simple moving average this is to see whether or not the institutional investors will consider the asset is bullish or bearish.

Ethereum price increased above $3k into ‘red zone’

Redakcja
Ethereum’s local asset Ether (ETH) increased higher than $3,000 in a long upside rally on Aug 7. Reaching a three-month high. Nonetheless, the cryptocurrency’s exceptional move upside increased its chances of going through a bearish backlash.

Ethereum might turn over bitcoin

Redakcja
Bitcoin’s (BTC) market capitalization went higher than $800 billion after a 13% rise in two days. This is the highest value that has reached in the last 79 days. During this time, Ether (ETH) gained a 45% profit in two weeks-time by putting the network’s market capitalization at $340 billion.

Price analysis: BTC, ETH, BNB

Redakcja
Bitcoin and majority of altcoins are almost in an overhead resistance level proving that the downtrend is near to an ending. Bitcoin (BTC) has arranged a smart recovery in the last few days and the interest related to the Crypto sector seems to be getting ahead. JPMorgan Chase has included access to a new Bitcoin Fund built by New York Digital Investment Group (NYDIG) for its own private banking clients. 

Ethereum network burns $395K per hour

Redakcja
The present burn rates, 2.3 ETH per minute, or $6,600 is going down. To be exact 2.3 ETH is being burned every now and then due to the new transaction fee mechanism brought in by Ethereum’s London upgrade on August 5.

Price analysis: BTC, ETH, BNB, ADA

Redakcja
Bitcoin’s defense of the $38,000 level and prolonged interest from institutional investors could prove to be a sign that the bull trend is coming back. Bitcoin (BTC) and the major altcoins are trying to break their specific overhead resistance levels pointing out the return of the bulls.

Price analysis: BTC, ETH, BNB, ADA

Redakcja
Bitcoin price is decreasing rapidly, dragging altcoins to critical support levels and testing the resolve of traders who are searching for a bullish reversal.

Important cryptocurrencies to look out for this week

Redakcja
p.p1 {margin: 0.0px 0.0px 8.0px 0.0px; font: 11.0px 'Times New Roman'; color: #000000} span.s1 {font-kerning: none} There are rumors that Bitcoin could pick up the pace in the coming days and select altcoins like ETH, UNI, ICP and also AAVE among them. But now we are going to discuss about the recent survey conducted by CNBC about a group of portfolio managers and equity strategists with only 6% of defendants expect Bitcoin (BTC) which would reach at least $60,000 in 2021.

Another Cryptocurrency Exchange Hacked. This Time Upbit!

Marzena Karpiak
The CEO of Upbit, one of the largest cryptocurrency exchanges in the world, confirmed that it has been hacked and robbed for nearly $51 million in Ethereum cryptocurrency. All transactions on the exchange have been suspended.
ethereum-price-may-fall-below-200

Ethereum price may fall below $200

Agata Hofman
This weekend was not easy for crypto assets, for sure. More specifically, almost all cryptocurrencies recorded significant losses in just 48 hours.