Author: CoinsCap

Bitcoin Price Rebounds, But Weak Momentum Caps Further Gains

Bitcoin price started a recovery wave above $67,000. BTC is now consolidating below $68,500 and might struggle to continue higher. Bitcoin started a recovery wave above $67,000 and $67,500. The price is trading above $67,500 and the 100 hourly simple moving average. There was a break above a bearish trend line with resistance at $67,350…

Dogecoin Still Trapped In Triangle—29% Move Brewing?

A crypto analyst has pointed out how Dogecoin has remained stuck in a Descending Triangle recently, decompression from which could potentially trigger a notable move. Dogecoin Has Continued To Coil Inside A Descending Triangle In a new Descending Triangle is a triangular consolidation channel from technical analysis (TA) that forms when an asset travels between…

US Labor Department Eyes 401(k) Crypto Access, Bitcoin Considered In New Rule

The US Labor Department published a proposed regulation on Monday intended to give 401(k) participants access to alternative investments, including crypto assets such as Bitcoin (BTC).  The Employee Benefits Security Administration (EBSA) framed the rule as “historic,” saying it lays out a clear, process-driven framework that plan fiduciaries can follow when evaluating non-traditional assets for…

Analyst Shares A Good Way To Know When Ethereum Has Hit A Bottom

With the Ethereum price struggling around the $2,000 support, the question of when the digital asset will hit a bottom has continued to linger among investors. Naturally, a bottom is largely based on the Bitcoin price, setting the tone for the entire market. However, a crypto analyst has also suggested things to look out for…

Is XRP Quietly Being Accumulated? Data Suggest Bulls May Be Positioning

XRP may be showing one of the cleaner accumulation signals in an otherwise weak altcoin market, according to CryptoQuant analyst Darkfost, who pointed to a pickup in Binance outflow transactions as the token continues to trade inside a narrow multi-month range. XRP Flashes This Bullish Signal The setup matters because XRP has held between roughly…