THE DAILY ENCRYPT

[date-today format='F j, Y']

imps

black electrical tower

TA: Bitcoin Faces Rejection, Why BTC is Vulnerable Below $38K

Bitcoin failed to clear the $39,500 resistance zone against the US Dollar. BTC started a fresh decline and is showing bearish signs below $38,000. Bitcoin failed to gain strength above the $39,000 level and stayed below $40,000. The price is trading below $38,500 and the 100 hourly simple moving average. There was a break below …

TA: Bitcoin Faces Rejection, Why BTC is Vulnerable Below $38K Read More »

pink and black wallpaper

Data Says Bitcoin Holds Up To Macro Turmoil Better Than Altcoins

Bitcoin has not had the best couple of things and altcoins have been subjected to the same fate too. The market has continued to succumb to pressure being mounted by various social issues, from the Canada protests to the brewing conflict between Ukraine and Russia. In all of this, however, bitcoin has mounted better resistance …

Data Says Bitcoin Holds Up To Macro Turmoil Better Than Altcoins Read More »

monitor showing Java programming

VeChain Records 7% Profits And It Could Outperform ETH, Here’s Why

VeChain has been trading in the green during the last day as the crypto market shows signs of a potential recovery. The cryptocurrency could be benefiting from positive developments around its most recent partnerships. Related Reading | VeChain (VET) Sends Bearish Signals? Analyst Points Key Levels At the time of writing VET records a 7% …

VeChain Records 7% Profits And It Could Outperform ETH, Here’s Why Read More »

photo of outer space

Fear Returns With A Vengeance Following $400B Crypto Market Crash

Crypto market sentiment has taken a dramatic turn in light of events taking place in the space. The Fear & Greed Index which tracks sentiment across a number of metrics and puts the data into four categories has shown that investor sentiment has taken another nosedive. This time, plunging the market back into the extreme …

Fear Returns With A Vengeance Following $400B Crypto Market Crash Read More »