Category: Cryptocurrency News

Crypto is just the tip of the iceberg, experts tell a U.S. House Financial Service subcommittee in testimony on payment systems and national security.

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Work is underway in Ukraine to update the legal act that applies to cryptocurrencies in order to align the nation’s legislation with European standards. Several government institutions in Kyiv are preparing changes to the bill “On Virtual Assets,” which was signed into law earlier this year. Ukraine to Transpose European Crypto Regulations Into National Law […]

Hello. Very simple ( noob ) question. Why i got some amount of ETHW on BINANCE? It is showing me distribution with today date. I know Merge … but why i got this and why that correct amount? If somebody knows that i will be happy for response. Have a nice day! submitted by…
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Crypto and stock markets continue to correct, but that doesn’t mean all the investment opportunities are gone.

The marketplace intends to prioritize storytelling by allowing NFT creators to design customizable drop pages, share images, videos and more.

The Litecoin blockchain has been up and running for over a decade with no downtime.

In this episode of NewsBTC’s daily technical analysis videos, we examine the total cryptocurrency market cap (TOTAL) following Ethereum Merge-related disappointments and sideways Bitcoin price action, and attempt to understand how long crypto winter might last. Take a look at the video below: VIDEO: Total Crypto Market Cap Analysis (TOTAL): September 20, 2022 Bitcoin price action continues to go mostly nowhere and Ethereum has pulled back due to Merge-related sell the news profit-taking, so in the video below we take look at these factors combined via the Total Crypto Market Cap chart.   Related Reading: WATCH: Bitcoin Bloody Monday Leads To Reversal Hammer | BTCUSD September 19, 2022 When Will The Cryptocurrency Market Bottom And What Next? Sentiment, price action, and technical indicators all are behaving similarly to the 2018 bear market bottom. If no new lows are made, taking a bars pattern fractal from the bear market bottom and fitting it over the current price action could give some clues into what to expect. Fitting the fractal perfectly involves increasing its size slightly, which results in a higher high if the similarities were to continue. The higher high would also occur at around the same trend line where the last double top formed. Connecting resistance levels and support levels could create the structure of a rising wedge or in Elliott Wave terms, an ending diagonal. Ending diagonals form when an asset’s price has climbed far too much too fast. Here is access to a FREE 1-hour course on how to spot an Elliott wave pattern on a price chart and develop a solid trading plan around it. Get The Elliott Wave Principle Applied right (normally a $99 value) right here: https://t.co/7a7sDe3SM3 pic.twitter.com/NKzIcwiuWy — Tony “The Bull” Spilotro (@tonyspilotroBTC) September 19, 2022 The fractal would provide the final wave 5 before a larger bear market in crypto. In Elliott Wave Theory, wave 5 can often match the magnitude of wave 1, which makes price and technicals behaving similarly as wave 1 that much more notable here. Although wave 3 is typically the longest in Elliott Wave Theory, there is evidence that in commodities, wave 5 is the strongest due to supply and demand. In the past, cryptocurrencies have shown impressive performance during a wave 5. Could a wave 5 in crypto still be left in the bull market? | Source: TOTAL on TradingView.com Total Market Cap More Bullish Than Bitcoin On weekly timeframes, the Total Crypto Market Cap is much more bullish than Bitcoin, having crossed bullish on the LMACD long ago, while Bitcoin waits for the signal to confirm with a weekly close. The Relative Strength Index also reached oversold conditions, which in the past has been enough to put in a bottom in crypto. Unlike BTC, the Total Crypto Market cap is clinging onto the 200-week Moving average, which in the past has also signaled the end of crypto winter. Several signals from the last crypto winter have appeared | Source: TOTAL on TradingView.com Related Reading: WATCH: Bitcoin Barely Holds Onto $20,000 Support | BTCUSD September 16, 2022 Why Crypto Winter Could Last Another Several Months Flipping to monthly timeframes, also shows that the 50-month moving average is also doing its best to keep crypto afloat. Although daily and weekly timeframes show several key similarities with the 2018 bear market bottom, the monthly timeframe’s current candlestick structure better resembles the 2014 bear market bottom, which when compared, could suggest that the crypto winter has several more months to go before prices begin to thaw out. How much longer will crypto winter last? | Source: TOTAL on TradingView.com Learn crypto technical analysis yourself with the NewsBTC Trading Course. Click here to access the free educational program. Follow @TonySpilotroBTC on Twitter or join the TonyTradesBTC Telegram for exclusive daily market insights and technical analysis education. Please note: Content is educational and should not be considered investment advice. Featured image from iStockPhoto, Charts from TradingView.com

The recent Ethereum upgrade highlights staking opportunities for institutional holders. In the short term, however, liquidity is still an issue, .