Bitcoin Eyes 200-Day Moving Average Support as $2B Options Expiration Nears
Bitcoin is again experiencing moderate price turbulence while heading into the monthly options expiration. CoinDesk's Damanick Dantes discusses his assessment and outlook for bitcoin as the cryptocurrency has reversed Wednesday’s gains and exposed the widely tracked 200-day moving average (MA) line located at $46,040. Plus, his take on the explosive growth of altcoins, including Cardano (ADA) and Avalanche platform's AVAX token.
Cardano Alonzo Hard Fork: What You Need to Know
Cardano prepares to enter the decentralized application space as smart contract functionality arrives.
Market Wrap: Bitcoin Rallies Ahead of $50K Resistance
Bitcoin rallied after Coinbase announced it will add crypto to its balance sheet.
Cardano Price Hits All-Time High, Overtakes Binance Coin as Third-Most Valuable Crypto
ADA's price is up a staggering 19% on the day and has unseated BNB as third-most valuable crypto by market cap.
Cardano Nears All-Time High as Investors Await Smart Contracts
Expectations are rising for the blockchain to implement smart-contract functionality by next month.
Market Wrap: Bitcoin Expected to Hold Support Above $45K
Analysts expect bitcoin to remain above its 200-day moving average.
Bitcoin Little Changed Above $44K Despite Hack of Japan's Liquid Exchange
"We still have support at $44,000 and $42,000, which is the line in the sand for short-term momentum," one investment officer said.
Market Wrap: Bitcoin Trades Sideways as Institutional Demand Expected to Rise
Bitcoin and other cryptocurrencies are consolidating near recent highs.
State of Bitcoin: ‘Calm Before the Storm?’
As bitcoin’s short-squeeze rally takes a breather, the world’s largest cryptocurrency by market cap is stalling ahead of the $50,000 resistance level and remains stuck in a sideways range.
