Bitcoin (BTC) Reclaims $16,500 But Not In Safe Zone; Here Is Why

BTC’s price shows strength as price bounces off from a weekly low of $15,500 to trend higher, giving bulls some relief.  BTC’s price continues to look strong as bearish sentiment for the market lingers, with things looking uncertain for most traders and investors.  BTC’s price bounces from a low of $15,500 on the daily timeframe … Read more

Ethereum Reclaims Demand Zone As Market Turmoil Heats Up; Is $500 Possible?

 ETH’s price loses its $1,200 demand zone in the early hours as Binance rejects FTX takeover, with the price responding with a bounce from its daily low.   ETH’s price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors.  ETH’s price bounces from a low of $1,100 … Read more

Bitcoin Reclaims $20,500; Here Are The Levels You Should Pay Attention To

BTC’s price shows strength as it bounces from a downtrend range price rallied to a high of $20,800 with eyes set on $21,600.  BTC could rally more as the price creates more bullish bias as the price builds more bullish momentum above $20,300. BTC’s price remains strong on the daily timeframe above the 50 Exponential … Read more

Bitcoin Reclaims $19k As Dollar Falls, Will BTC See More Upside?

Bitcoin has displayed some strength during today’s trading session after re-visiting the bottom of an important trendline. The benchmark crypto has been trading in a tight range, between $18,600 and $19,500, but the monthly close might support a spike in volatility as bulls and bears fight for this candle. At the time of writing, Bitcoin … Read more

U.S. crude oil reclaims $80 after stockpile data, Gulf of Mexico outages (NYSEARCA:XLE)

SlavkoSereda/iStock via Getty Images The energy sector (NYSEARCA:XLE) rises to the top of Wednesday’s S&P leaderboard, with U.S. prices regaining the $80/bbl level after domestic crude oil stockpiles rose less than expected during the past week, outweighing continued strength in the U.S. dollar. Gasoline and distillate inventories fell by 2.4M and 2.9M barrels, respectively, as … Read more

BTC Reclaims Its 20K Spot After A Couple Of Red Weeks

After plummeting to significant lows in July, bitcoin has been locked in a sideways trading action angling towards higher prices. Still, investors are anxious to see what’s going to happen next.  Last week, the Federal Reserve’s decision to squeeze more US Dollars out of circulation with another interest rate hike sent BTC tumbling. After finding … Read more

Saudi Arabia’s triumphant week reclaims the West’s embrace

Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Aya Batrawy Foreign Minister of Saudi Arabia Prince Faisal bin Farhan Al Saud addresses the 77th session of the United Nations General Assembly, at U.N. headquarters, Saturday, Sept. 24, 2022. Photo by Jason Decrow /THE ASSOCIATED PRESS Article content NEW YORK (AP) — … Read more

Bitcoin Reclaims The $20,000 Throne While Ethereum Rises On The Chart

The volatility of cryptocurrency and Bitcoin has continued to be a strong force determining its profitability and investment attraction. The severe crypto winter in the first half of 2022 several crippled tokens and crypto-related products and services. Also, the collapse of the Terra-LUNA ecosystem intensified the devastating impact. Though the second half of the year … Read more