Crypto Venture Capitalist Says Solana (SOL) Going Through Same Bear Phase As Ethereum (ETH) in 2018

One crypto veteran says Solana (SOL) is currently going through a similar phase to what Ethereum (ETH) experienced four years ago.

Crypto Legend Who Called 2018 Bitcoin Collapse Says One Chart Could Be the ‘Big Tell’ for BTC

Veteran trader Peter Brandt is highlighting one metric which might reveal whether Bitcoin (BTC) has what it takes to rally after months of market woes.

Trader Who Called Bitcoin 2018 Collapse Warns BTC an ‘Outstanding’ Speculative Asset That Could Be Usurped

The veteran trader who nailed Bitcoin’s 2018 bear market collapse says Bitcoin (BTC) serves a wholly different purpose than what’s advertised.

Could Binance's fee-free Bitcoin trading update just be the beginning?

Binance.US, following in the footsteps of Robinhood, which launched no-commission cryptocurrency trading in 2018, has eliminated trading costs for Bitcoin spot market deals. According to Brian ShroThe post Could Binance's fee-free Bitcoin trading update just be the beginning? appeared first on AMBCrypto.

Coinbase to shut down Coinbase Pro to merge trading services

Launched in 2018, Coinbase Pro is designed to feature unlimited trading volumes, supporting more than 250 cryptocurrencies. Coinbase’s professional trading platform Coinbase Pro will cease to exist as the cryptocurrency exchange is restructuring services to bring them all into one platform.The United States-based crypto trading firm Coinbase officially announced on June 22 that it will start sunsetting Coinbase Pro to migrate all advanced trading services into one unified Coinbase account.

Bitcoin Hasn’t Bottomed Yet if Compared to 2018’s Bear Market: Analysis

Bitcoin's bottom might not be in yet, at least if comparing the current price action to that of the bear market of 2018.

EBay Snaps Up NFT Marketplace KnownOrigin

One of the first NFT marketplaces, KnownOrigin has generated almost $8 million since launching in 2018.

Trader Who Called 2018 Bear Market Bottom Says One Altcoin Already Gearing Up for Next Bull Market

The crypto strategist who accurately called the bottom of the 2018 bear market says he’s one altcoin looks strong during the current correction.

Veteran Trader Who Predicted Bitcoin (BTC) 2018 Collapse Unveils Massive Downside Target for Ethereum (ETH)

The seasoned trader who nailed Bitcoin’s more than 80% drop during the 2018 bear market is warning Ethereum investors that ETH could see a massive 70% devaluation from current prices.

Bitcoin heads for dismal weekly close as BTC price rejects at $20K

It feels like 2018 all over again as Bitcoin's old multi-year resistance level comes back with a vengeance. Bitcoin (BTC) attempted to reclaim $20,000 as support on June 19 as bulls faced a $7,000 weekly red candle.BTC/USD 1-hour candle chart (Bitstamp).

Ethereum risks another 60% drop after breaking below $1K to 18-month lows

A 2018-like bearish cycle could have Ether drop toward $420 in the coming weeks. The price of Ethereum's native token, Ether (ETH), careened below $1,000 on June 18 as the ongoing sell-off in the crypto market continued despite the weekend.Ether reached $975, its lowest level since January 2021, losing 80% of its value from its record high in November 2021.

Crypto lender Babel Finance halts withdrawals due to liquidity pressures

Hong Kong-based asset manager Babel Finance is the latest crypto lending firm to signal the growing crisis of the cryptocurrency lending industry amid the bear market. Hong Kong-based asset manager Babel Finance is the latest cryptocurrency lending firm experiencing some serious issues amid the ongoing market downturn.Babel Finance officially announced June 17 a temporary suspension of redemptions and withdrawals from its products, citing “unusual liquidity pressures.”“Recently, the crypto market has seen major fluctuations, and some institutions in the industry have experienced conductive risk events,” the statement on Babel Finance's website reads.The firm said that it’s in close communication with “all related parties” on the matter and is doing its best in order to best protect its customers.Founded in 2018, Babel Finance is a major cryptocurrency financial services provider, offering crypto lending, asset management and financing services to institutional investors.

Bitcoin trading: Momentum strategies with different moving averages

The 20-Day moving average strategy provided good returns in 2018 and 2019, while the 50-Day MA strategy did better in 2021 and 2022. One of the simplest strategies for trading cryptocurrencies involves the application of moving averages (MA).

Biggest Bitcoin exchange inflows since 2018 put potential $20K bottom at risk

Traders are nervous, data suggests, and a further drop could spark a chain reaction as exchange users rush to liquidate their BTC holdings. Bitcoin (BTC) could be on the verge of a retail major sell-off as exchange inflows spike to almost three-and-a-half-year highs.Data from on-chain analytics platform CryptoQuant shows users of 21 major exchanges sending coins to their wallets en masse on June 14.Major exchanges finish up 83,000 BTC in a single dayAs BTC/USD fell to lows of $20,800, panic appeared to set in among traders, and despite a reversal that at one point topped $23,000, few seemed willing to trust that the worst was over.Since then, spot price action has returned to near $21,000, while 24-hour exchange inflows reached 59,376 BTC.According to CryptoQuant data, this is the largest daily inflow since November 30, 2018.

Crypto Trader Who Nailed 2018 Bear Market Bottom Says Bitcoin and Ethereum Very Close To Pivotal Moment

The crypto strategist who accurately called the bottom during the 2018 bear market says Bitcoin (BTC) and Ethereum (ETH) are close to printing this cycle’s lows.

Ethereum crashed by 94% in 2018 — Will history repeat with ETH price bottoming at $375?

ETH's latest plunge could bring more pain despite expectations that $1,200 should hold. Ethereum's native token Ether (ETH) is showing signs of bottoming out as ETH price bounced off a key support zone. Notably, ETH price is now holding above the key support level of the 200-week simple moving average (SMA) near $1,196. The 200-week SMA support seems purely psychological, partly due to its ability to serve as bottom levels in the previous Bitcoin bear markets.

Trader Who Nailed Epic Bitcoin 2018 Collapse Says Extreme BTC Correction Looming – Here’s His Target

The veteran trader who accurately called Bitcoin’s 2018 meltdown is issuing a fresh warning that a severe correction could be looming for BTC.

Cardano Price Analysis: ADA Crashes 13% Daily as Bears Target 2018 ATH Levels Next

ADA could not sustain its relief rally and was quickly rejected at $0.66.

Ethereum Capitulation Imminent As ETH Follows 2018 Market Structure: Crypto Analyst Kevin Svenson

A closely tracked crypto analyst is predicting the imminent collapse of Ethereum as he says ETH appears to be closely mirroring its 2018 market structure.

Ethereum price enters 'oversold' zone for the first time since November 2018

Ether's price rebounded by nearly 400% after its RSI turned oversold the last time.

Crypto Markets Lost Another $100B: ETH Dumps to 2018 ATH

In Case You Missed It: The Top Trending Crypto News.

Bloomberg Terminal supersizes its crypto coverage: 40 more coins

Bloomberg Terminal has increased its coverage to 50 crypto assets to give its institutional investor client base better data about movements within the market. Financial and technical information platform Bloomberg has vastly expanded its coverage of crypto markets after a decision to include data on the top 50 crypto assets to the Bloomberg Terminal.Product manager for cryptocurrencies at Bloomberg Alex Wenham suggested that as “the global institutional investor” community’s interest in digital assets continues to grow, they will need a way to “seamlessly incorporate digital assets into their workflows.”Bloomberg already had 10 cryptocurrencies in its terminal as of 2018, including BTC, ETH, and XRP.

Longer-term Bitcoin holder losses hit two year lows

Bitcoin’s long-term holders are beginning to suffer losses matching those from previous bear markets, and Glassnode believes the pain may continue, and even get worse. Long-term Bitcoin holders are sitting on their largest losses since the March 2020 capitulation and the 2018-2019 bear market but may have to keep waiting for relief.Calculated by measuring the value of coins deposited to exchanges, aggregated realized losses from long-term holders (LTH) of Bitcoin (BTC) exceeded 0.006% of the market capitalization by May 29 according to Glassnode’s The Week Onchain report from June 6.Long-term holders are suffering their worst losses since March 2020.However, the dramatic losses may continue for some time if historic loss patterns from previous bear markets are to be repeated.

Trader Who Accurately Called Epic Bitcoin Crash Issues New Warning for Ethereum Investors

A veteran trader who became a legend in crypto circles after nailing Bitcoin’s (BTC) collapse in 2018 is sounding the alarm on leading smart contract platform Ethereum (ETH).

China Targets Xinjiang’s Development Park for Introducing Bitcoin Mining in 2018

The Chinese central government has lashed out at Xinjiang province’s Zhundong development park for introducing six cryptocurrency mining companies four years ago.

Bitcoin may hit $14K in 2022 but buying BTC now ‘as good as it gets’ — analyst

Bitcoin right now is a no-brainer investment for willing buyers, argues CryptoQuant contributor. Bitcoin (BTC) faces a “cycle bottom” this year in which it could drop over 50% from current levels, research claims.In a Twitter thread on June 1, Venturefounder, a contributor at on-chain analytics platform CryptoQuant, forecast 2022 as Bitcoin’s year to “capitulate.”Bitcoin now has "best 3-year ROI ever"Based on historical patterns involving Bitcoin’s halving cycles, this year should be the bearish black sheep of the current four-year cycle, Venturefounder wrote.Just like 2018 and its bear market, BTC/USD should find itself a macro floor at some point in 2022, and calculating previous dips from all-time highs, this could be anywhere between $14,000 and $21,000.“670 days until the next Bitcoin halving, we are on time to BTC performance comparing to past cycles,” one tweet explained.