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OKB’s (CRYPTO:OKB) price has increased 9.09% over the past 24 hours to $27.77, which is in the opposite direction of its trend over the past week, where it has experienced a 0.0% loss, moving from $27.52 to its current price. As it stands right now, the coin’s all-time high is $44.01.

The chart below compares the price movement and volatility for OKB over the past 24 hours (left) to its price movement over the past week (right). The gray bands are bollinger bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has increased 26.0% over the past week, while the overall circulating supply of the coin has decreased 0.06%. The current market cap ranking for OKB is #30 at 7.34 billion.

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If you are interested in purchasing OKB or want to learn more about it, follow this link to Benzinga Money. Our Benzinga Money team has in-depth educational content that not only explains the details of the coin itself but also how and where you can purchase it.

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CryptocurrencyMarketsMoversTrading IdeasLicenseRelated Articles Want To Buy Crypto? Check Out The Top Movers For Today According to Benzinga Pro, the following are the crypto gainers and losers at the time of publication: read more Cryptocurrency Uniswap Up More Than 4% In 24 hours Over the past 24 hours, Uniswap's (CRYPTO: UNI) price rose 4.6% to $22.32. This continues its positive trend over the past week where it has experienced a 5.0% gain, moving from $21.52 to its current price. As it stands right now, the coin's all-time high is $44.92. read more Cryptocurrency VeChain Down More Than 6% Within 24 hours VeChain's (CRYPTO: VET) price has decreased 6.31% over the past 24 hours to $0.12, continuing its downward trend over the past week of -10.0%, moving from $0.13 to its current price. read more Cryptocurrency Litecoin Falls More Than 4% In 24 hours Over the past 24 hours, Litecoin's (CRYPTO: LTC) price has fallen 4.45% to $206.61. This continues its negative trend over the past week where it has experienced a 11.0% loss, moving from $228.64 to its current price. read more

1- XTB

XTB, is the leading broker in Spain and Latin America in trading indices, currencies, commodities, CFDs on shares, and now also offers the possibility of trading in cryptocurrencies.

XTB offers CFDs on Bitcoin, Ethereum, Ripple, and Litecoin. The broker stands out mainly for its transparency, the quality of execution of its xStation platform (in Demo and Real version) and for the training provided to its clients.

Capital can be deposited, depending on the country, by bank transfer, credit card, Neteller, or Skrill and no minimum deposit is required.

The XTB Group is regulated in all the countries where it has a presence. Visit official site

2- SimpleFX

SimpleFX It is one of the brokers that offers the most cryptocurrencies to invest, the main advantage being that it does not have a minimum deposit, and the opening of the account takes only one minute.

Deposits can be made through Bitcoin, Litecoin, Skrill, Neteller among many other forms of payment.

Bitcoin, Litecoin, Ethereum and Ethereum Classic can be traded. Visit official site

3- PrimeXBT

PrimeXBT is a broker that has a large number of CFDs to invest in the main markets of the world: Forex, indices, Cryptocurrencies and more.

One of the great advantages of PrimeXBT is that you can make deposits in cryptocurrencies, among which stand out: Bitcoin, Ethereum and Tether.

In addition, it has a Copy Trading module, which allows you to generate additional profits. Another of its novelties is that it has its own Utility Token (COV).

In less than a minute you can register and start trading with PrimeXBT. Visit official site

4- Libertex

Libertex It is one of the oldest brokers in the market, with 24 years of experience. A trading account can be opened for as little as $ 10.

The broker is regulated by CySEC.

Deposits can be made by credit card, Skrill and Neteller.

The main cryptocurrencies can be traded: Bitcoin, Ethereum and Binance. In addition, it has the possibility of investing in various altcoins. Visit official site

5- Plus500 Ltd

Plus500 Ltd is a state-of-the-art broker for investing in CFDs. You can open a trading account with just US $ 100, or the equivalent in local currency.

Plus500 Ltd is listed on the main market of the London Stock Exchange.

It does not have the possibility of making deposits with cryptocurrencies, but money can be entered by Skrill, credit card, bank transfer, among other forms of payments.

Different cryptocurrencies can be traded, among which Bitcoin, Ethereum, Litecoin, among others, stand out. Visit official site

“The information presented here about Plus500CY Ltd. and its services is merely generic and derived from reliable sources publicly available or received from Plus500CY Ltd. (entity authorized to operate in Spain through the passport regime, reg. 3848)”.

Notice of risk involved: Trading in CFDs, options and futures requires constant monitoring of the position, as they are high-risk investments.

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BTC and ETH could reach new all-time highs in the near future.

XRP and OKB have broken out from descending resistance lines.

LIT and GRT have moved above horizontal resistance areas.

The Trust Project is an international consortium of news organizations building standards of transparency.

A look at seven cryptocurrencies that have positive developments in regards to their price movement, led by OKB (OKB) which has increased by 50% over the past two days.

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Bitcoin (BTC) has been increasing at an accelerated rate since breaking out from the $57,200 area on Oct 14.

The breakout was important, since this was the final resistance area prior to a new all-time high. Furthermore, it was the 0.786 Fib retracement resistance level. The area is now expected to act as support, in case a pullback occurs.

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While a short-term decrease could occur, BTC is expected to eventually break out and reach a new all-time high.

ETH

Ethereum (ETH) has been moving upwards since reaching a low on Sept 21. So far, it has done so by 47.50%. 

The token is very close to the $3,960 resistance level, created by the May highs. ETH was rejected by the area on Oct 16 but has regained its footing and is currently making another attempt at breaking out.

Similarly to BTC, ETH is expected to reach a new all-time high price soon.

 XRP

XRP (XRP) had been following a descending resistance line since Sept 8. This is a sign of a bearish trend. However, the token reversed trend on Sept 21 and broke out from the resistance line on Oct 9. This indicated that the previous downward movement had come to an end.

Afterwards, it was rejected by the 0.618 Fib retracement level at $1.20. Despite the rejection, it managed to find support above a confluence of support levels. The support is created by the $1.08 horizontal area and the aforementioned descending resistance line, which is now expected to act as support. 

Currently, XRP is moving towards the $1.20 resistance area. A breakout above it could trigger an acceleration of the upward movement.

OKB (OKB) has been moving upwards since bouncing at the $10 support area on Sept 26. This created a very long lower wick, a strong sign of buying pressure. 

The rate of increase accelerated on Oct 13, after the token created a higher low. Since then, OKB has increased by 50%.

On Oct 20, OKB broke out from a descending resistance line, confirming that the previous downward movement had come to an end. It is currently making an attempt at moving above the horizontal $24 resistance area. Doing so would greatly accelerate the rate of increase further, due to there being no resistance above it.

GRT

On Oct 1, The Graph (GRT) broke out from a descending resistance line. This was a sign that the previous downward movement had come to an end. 

Afterwards, the breakout above the $0.76 horizontal area on Oct 15 further confirmed this possibility. The area afterwards turned to support, as evidenced by the bounce on Oct 19 (green icon). 

GRT is currently moving towards the $0.90 resistance area, which is created by the 0.618 Fib retracement resistance level. This is the Fib level which most commonly acts as resistance. 

If successful in moving above it, the next resistance would be at the Sept highs near $1.05.

LIT

Lition (LIT) has been moving upwards since Sept 29. On Oct 4, it moved above the $3.65 horizontal area, and returned to validate it as support on Oct 12 (green icon). 

It has been moving upwards at an accelerated rate since. 

Currently, it is trying to break out from a descending resistance line that has been in place since the Aug 15 high. If it is successful in doing so, there would be no more resistance left until $6.

ZIL

Ziliqa (ZIL) has been moving upwards since breaking out from a descending wedge on Oct 1. However, after breaking out, it was twice rejected by the $0.102 resistance area. It has been moving downwards since. 

However, ZIL has bounced at the 0.618 Fib retracement support level and has been increasing since. 

If it moved above the $0.102 area, the rate of increase would be expected to accelerate, since there is no further resistance until $0.135.

For BeInCrypto’s latest Bitcoin (BTC) analysis, click here.

Disclaimer All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk. SponsoredShare ArticleRelated topicsBTC PriceEthereum (ETH)GRT/USDTOKB (OKB)technical analysisXRP/BTCZilliqa Price Valdrin Tahiri

Valdrin discovered cryptocurrencies while he was getting his MSc in Financial Markets from the Barcelona graduate school of Economics. Shortly after graduating, he began writing for several different cryptocurrency related websites as a freelancer before eventually taking on the role of BeInCrypto's Senior Analyst.

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In this article, BeIn crypto takes a look at the seven altcoins that increased the most last week, more specifically from Nov 26 to Dec 3.

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These altcoins are:

Terra (LUNA) : 71.46%Reserve Rights (RSR) : 45.04%Stacks (STX) : 35.98%Polygon (MATIC) : 35.39%Ocean Protocol (OCEAN) :34.73%OKB (OKB) : 23.61%Solana (SOL) : 23.11%LUNA

On Nov 16, LUNA broke down from an ascending wedge. However, it found support at $38.70 and initiated another upward movement on Nov 28. 

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On Dec 3, the token reached a new all-time high price o $69.66.

The next closest resistance area is between $80 and $83. It is created by both the short- and the long-term 2.61 external Fib retracement levels.

RSR

On Nov 29, RSR broke out from a descending resistance line, that had previously been in place since Aug 25. This confirmed that the short-term correction was complete. 

Afterwards, it reached a high of $0.059 on Dec 2. However, it failed to break out above the $0.057 resistance area (red icon) and has been moving downwards since. RSR is potentially looking to validate the previous descending resistance line as support.

Once RSR breaks out from the $0.059 area, the rate of increase is expected to accelerate.

STX

On Nov 30, STX broke out from a descending resistance line that had been in place since April 5. It proceeded to reach a new all-time high price of $3.25 the next day.

While it fell afterwards, it is attempting to hold on above the $2.60 horizontal support area and validate the previous descending resistance line as support. If successful, it is likely to move toward new highs.

MATIC

MATIC has been increasing alongside an ascending support line since July 20. After a brief correction on Oct 29 – Nov 18, it began another upward movement on Nov 18.

It is currently approaching the horizontal resistance area at $2.45. This is the final resistance area prior to a new all-time high price.

OCEAN

Similarly to MATIC, OCEAN has been following an ascending support line since Nov 18 (green icon). So far, it has reached a high of $1.44, doing so on Dec 1. 

Currently, it is attempting to break out from the 0.618 Fib retracement resistance level at $1.33. Doing so would likely take OCEAN towards a new all-time high price.

OKB is also following an ascending support line, doing so since Sept 16. More recently, it bounced on it on Nov 28 (green icon). 

Afterwards, it broke out from a descending resistance line (dashed). It is currently approaching the Nov highs at $33. The rate of increase is likely to accelerate once OKB is successful in breaking out.

SOL

SOL broke out from a descending resistance line on Nov 30. Two days later, it reclaimed the $230 resistance, which is both a horizontal resistance area and the 0.618 Fib retracement resistance level. 

The next resistance is at the all-time highs at $260, and then at $308 afterwards.

For BeInCrypto’s latest Bitcoin (BTC) analysis, click here.

Disclaimer All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk. SponsoredShare ArticleRelated topicsOcean ProtocolOKB (OKB)Polygon (MATIC)RSR PriceSolana (SOL)Stacks (STX)Terra (LUNA) Valdrin Tahiri

Valdrin discovered cryptocurrencies while he was getting his MSc in Financial Markets from the Barcelona graduate school of Economics. Shortly after graduating, he began writing for several different cryptocurrency related websites as a freelancer before eventually taking on the role of BeInCrypto's Senior Analyst.

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After last month’s crypto and NFT boom, cryptocurrency markets continue to show bullish momentum. With the global cryptocurrency market cap at $2.6 trillion, it’s clear that crypto is here to stay. In this article, we take a look at the top 5 cryptocurrencies that gained the most price this week, ordered by 7-day price gain, lowest to highest.5. OKEx (OKB) – $29.40 (+22.23%)

OKB is the cryptocurrency released by OKEx, a major cryptocurrency exchange. OKB is the exchange’s utility token that allows users access to some of the exchange’s unique features.

OKB is similar to KuCoin’s KCS, Binance’s BNB, and Crypto.com’s CRO. It’s a common trend for exchanges to release their token, which acts as a stock for the company. The more volume and users the exchange has, the higher the total valuation of its coin usually is.

OKEx has been around since 2017 and is considered a trusted exchange. At the time of writing, OKEx boasts over $19 billion in 24-hour trading volume, speaking to the sheer scale of the platform.

OKB was a top performer this week, gaining over 9% in the past 24 hours and over 22.2% in the past week. At the time of writing, OKB is trading at $29.40, with a market cap of $1.7 billion. You can purchase OKB on OKEx, Gate.io, MEXC, LBank, and more.

Solana describes itself as a decentralized blockchain built to enable scalable, user-friendly apps for the world. It’s one of the leading platforms for launching tokens and NFTs, directly competing with Ethereum.

According to Solana’s official website, it’s the fastest-growing ecosystem in the world:

“Solana is the fastest blockchain in the world and the fastest-growing ecosystem in crypto, with over 400 projects spanning DeFi, NFTs, Web3, and more.”

At the time of writing, Solana has over 500 different dApps on its platform, everything ranging from exchanges, NFTs, Games, and more.

With a growing ecosystem comes bullish momentum, and Solana has been a top performer this week. Currently, SOL is trading at $236.71, up 4% in the past 24 hours and up over 25% in the past seven days.

Solana has a market cap of $72 billion, with a 24-hour trading volume of $3.69 billion. You can purchase Solana on Binance, Coinbase Exchange, FTX, Huobi Global, and more.

Polygon describes itself as “Ethereum’s Internet of Blockchains.” According to its official website:

“Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. Aggregating scalable solutions on Ethereum supporting a multi-chain Ethereum ecosystem.”

Polygon’s platform is with the developer in mind, making it easy to deploy blockchain-based applications. Polygon solves a significant issue regarding high gas fees and slow speeds, providing a scalable solution without sacrificing security.

Polygon is a multi-chain system similar to Polkadot, Cosmos, and Avalanche. However, the upside with Polygon is that it’s inherently more secure, more powerful, and can fully benefit from Ethereum’s network effects.

At the time of writing, Polygon is trading at $2.31, up 14.6% in the past 24 hours and up over 40% in the past week. MATIC has a market cap of $16.1 billion, with a 24-hour trading volume of $3.4 billion. You can purchase MATIC on Binance, Coinbase Exchange, Huobi Global, KuCoin, Crypto.com, Kraken, and more.

Stacks’ slogan is “Unleash Bitcoin’s full potential.” Stacks is a platform that enables DeFi, NFTs, apps, and smart contracts for Bitcoin.

At the time of writing, Stacks features dozens of apps, ranging from Wallets, DeFi Platforms, Tokens, Stackins Pools, NFT Marketplaces, Social platforms, and more.

STX uses a mechanism called Proof of Transfer, which is the consensus algorithm that connects Stacks and Bitcoin. With PoT, Stacks can bring NFTs and DeFi to the legacy Bitcoin blockchain.

Similar to how Polygon allows you to build apps to harness Ethereum’s security, Stacks enables you to create powerful apps secured by Bitcoin.

At the time of writing, Stacks is trading at $2.62, up over 48.38% in the past seven days. STX has a market cap of $3.4 billion, with a 24-hour trading volume of $214 million. You can purchase STX on Binance, KuCoin, Gate.io, Crypto.com, OKEx, and more.

This week, the top gainer is none other than Terra, a public blockchain protocol bringing DeFi to the masses. Terra’s slogan is “Programmable Money For The Internet.”

Terra has a vibrant ecosystem including hundreds of dApps, ranging from Betting, NFTs, ETFs, DeFi, Real Estate, DEX, Launchpad, and much more.

What makes the Terra blockchain unique is that it’s able to host multiple algorithmic stablecoins on its network. The Terra protocol consists of two tokens, Terra and Luna. Terra is the stablecoin that tracks the price of fiat currencies, and Luna is the protocol’s native staking going that absorbs the price volatility of Terra.

LUNA is currently trading at $66.99, up 5% in the past 24 hours and up over 68.73% in the past seven days. At the time of writing, Terra has a market cap of $26 billion, with a 24-hour trading volume of $2.3 billion. You can purchase Terra on Binance, KuCoin, Huobi Global, Gate.io, Bitfinex, Crypto.com, and more.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency.

Also Read:

Follow us on Twitter @thevrsoldier to stay up to date with the latest cryptocurrency news, and subscribe to our daily newsletter to never miss another story!

Bitcoin price remained well bid above the USD 61,200 support zone. BTC is currently (11:59 UTC) trading above USD 62,000 and it might aim for a clear upside break. A close above USD 63,000 might spark a stronger increase.

Besides, most major altcoins are stuck below important hurdles. ETH is facing resistance near USD 3,850 and USD 3,880. XRP could gain pace if there is a clear break above USD 1.12 and USD 1.15. ADA is trading well below the USD 2.20 resistance.

Total market capitalization

Bitcoin price

In the past two sessions, bitcoin price remained well bid above the USD 61,200 pivot level. BTC climbed back above USD 62,000, but it is facing a few key hurdles. An immediate resistance is near the USD 62,800 level. The next major resistance is near USD 63,200 and USD 63,500. A break above USD 63,500 might push the price towards the USD 65,000 level.

On the downside, an initial support is near USD 61,800. The first major support is near USD 61,200, below which the price might test the USD 60,500 level.

Ethereum price

Ethereum price struggled to clear the USD 3,850 and USD 3,880 resistance levels. A clear break above USD 3,880 could set the pace for a steady increase. The next major stop for the bulls may be USD 4,000. An intermediate resistance could be USD 3,950.

On the downside, an initial support is near the USD 3,750 level. The next major support is near USD 3,650, below which there is a risk of a larger downside correction.

ADA, LTC, DOGE, and XRP price

Cardano (ADA) is facing an uphill task near the USD 2.18 and USD 2.20 levels. A close above USD 2.20 may possibly spark a stronger increase. The next major resistance is near USD 2.32. If not, the price might test the USD 2.00 support zone.

Litecoin (LTC) spiked above the USD 188 resistance. It is now facing hurdle near USD 192. A follow up move above USD 192 could set the pace for a larger increase. On the downside, the price might find support near the USD 182 and USD 180 levels.

Dogecoin (DOGE) trimmed gains and traded below the USD 0.250 level. An immediate support is near the USD 0.232 level. Any more losses might call for a test of USD 0.220. On the upside, the USD 0.265 level is a major hurdle before a move towards the USD 0.280 resistance.

XRP price is struggling to clear the USD 1.12 resistance level. The USD 1.15 level is also a key barrier ahead of USD 1.20. If there is a bearish reaction, the bulls might struggle to keep the price above the USD 1.00 support zone.

Other altcoins market today

A few altcoins gained over 5%, including OKB, FTM, ONE, KSM, ZEC, NEXO, ZEN, ATOM, DCR, SHIB, and WAVES. Out of these, OKB rallied almost 19% and broke the USD 19 level.

To sum up, bitcoin price is facing resistance near USD 63,000. If BTC settles above USD 63,000, it could start a steady increase towards the USD 65,000 level in the near term.

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Bitcoin price remained well supported above the USD 62,000 level. BTC broke many hurdles near USD 63,500 and USD 64,000. It is currently (04:25 UTC) rising and it could test the USD 65,000 resistance zone in the near term.

Most major altcoins are struggling to follow bitcoin. ETH is still well below the USD 3,950 and USD 4,000 resistance levels, while XRP is still around USD 1.10. ADA is trading below the USD 2.18 and USD 2.20 resistance levels.

Total market capitalization

Bitcoin price

After a close above USD 62,000, bitcoin price was able to extend gains. The price was able to clear the USD 63,500 and USD 63,800 resistance levels. It is now facing resistance near the USD 64,000 level. The next major resistance is near USD 64,200, above which the price could rise towards the USD 65,000 level.

On the downside, an initial support is near USD 63,500. The first major support is near USD 63,200, below which the price might test the USD 62,000 support.

Ethereum price

Ethereum price seems to be consolidating above the USD 3,750 support zone. The price is now trading above USD 3,800 and it could rise towards the USD 3,880 level. A clear break above USD 3,880 could set the pace for a larger increase towards USD 4,000 in the near term.

If there is no upside break above USD 3,880, the price might correct lower. The first key support is now forming near the USD 3,780 level.

ADA, LTC, DOGE, and XRP price

Cardano (ADA) is consolidating above the USD 2.05 and USD 2.08 support levels. The main resistance is still near the USD 2.18 and USD 2.20 levels. A clear break above USD 2.20 may perhaps rise towards the USD 2.40 level. An intermediate resistance is near USD 2.32.

Litecoin (LTC) is trading above the USD 180 support level. An immediate hurdle is near USD 188, followed by USD 192. A clear break above USD 200 could open the doors for a move towards the USD 220 and USD 225 levels in the coming sessions.

Dogecoin (DOGE) is down almost 4% and is consolidating below the USD 0.250 resistance. A fresh increase above USD 0.250 could lift the price towards USD 0.265. The next major resistance is near USD 0.280. On the downside, the USD 0.232 is a major support. The next key support is near the USD 0.220 level.

XRP price is stuck below the USD 1.12 and USD 1.15 resistance levels. The main resistance is near USD 1.20. A close above USD 1.20 could clear the path for a larger increase. If not, the price might decline towards the USD 1.05 support zone. The main support is at USD 1.00.

Other altcoins market today

Many altcoins are up over 5%, including OKB, KCS, XDC, NEAR, AR, HT, HBAR, ATOM, FTM, ONE, LUNA, and MANA. Out of these, OKB gained 26% and surpassed the USD 20 level, increasing its weekly gains to almost 29%.

Overall, bitcoin price is rising and trading above USD 63,500. If BTC clears USD 64,200, there could be a move towards USD 65,000 or even USD 65,500 in the near term.

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Bitcoin price formed a base above the USD 62,000 level and started a fresh increase. BTC surged above the USD 65,000 and USD 66,000 levels before correcting below USD 65,000. It is currently (04:27 UTC) back above this level, while new dips might remain limited below USD 63,500 in the near term.

Besides, most major altcoins started a fresh surge. ETH gained almost 9% and it broke the USD 4,000 resistance. XRP surpassed USD 1.12, but it is struggling to gain pace above USD 1.15. ADA surged above the USD 2.20 resistance zone.

Total market capitalization

Bitcoin price

After a minor drop, bitcoin price started a fresh rally above USD 63,000. BTC surged above the USD 65,000 and USD 66,000 levels. A new all-time high was formed above USD 67,000 (per Coingecko) before there was a downside correction. On the downside, an initial support is near USD 64,200. The first major support is near USD 63,500, below which the price could test the USD 62,500 support.

If there is a fresh increase, the price might face resistance near USD 65,500. The next major resistance is near USD 66,000, above which the price may possibly revisit the USD 67,000 level.

Ethereum price

Ethereum price started a fresh rally above the USD 3,880 resistance. ETH broke the USD 4,000 resistance and extended its increase. The price even cleared the USD 4,200 level. If there is a close above USD 4,200, the price could rise towards USD 4,320 in the near term.

On the downside, an initial support is near the USD 4,120 level. The first key support is now forming near the USD 4,050 level, below which the price might test USD 4,000.

ADA, LTC, DOGE, and XRP price

Cardano (ADA) broke the main resistance at the USD 2.20 level, which could push the price towards the USD 2.40 level. An intermediate resistance is near USD 2.32.

Litecoin (LTC) gained pace for a move above the USD 192 resistance. As a result, the price surged above the USD 200 level. It is up almost 12% and trading above USD 207. An immediate resistance is near USD 212, above which the price could rise towards the USD 220 and USD 225 levels.

Dogecoin (DOGE) is back above the USD 0.250 level. An initial hurdle is near the USD 0.265 level. The next major resistance is near USD 0.280, above which the price might test USD 0.300. On the downside, the USD 0.250 is a short-term support. The next key support is near the USD 0.232 level.

XRP price was able to clear the USD 1.12 resistance and it is now facing resistance near USD 1.15. A break above USD 1.15 might push the price towards the USD 1.20 resistance. If not, the price might correct lower towards the USD 1.10 level. The next major support is near USD 1.05.

Other altcoins market today

Many altcoins are up over 10%, including OKB, NEXO, SOL, FLOW, ENJ, REN, XEC, HT, RUNE, CELO, and QTUM. Out of these, OKB gained 21% and surpassed the USD 25 level.

Overall, bitcoin price is trying to recover above USD 65,000. In case of more dips, the bulls might remain active near the USD 63,500 and USD 63,000 levels in the near term.

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Did you Know?

In September, 2021 El Salvador became the first country in the world to make Bitcoin a legal tender

View Details » Bulls made it large as Bitcoin skyrocketed to the new all-time high of $66,999. The asset gave a breakout above the ‘Descending Triangle Pattern’ on October 1 and has surged almost by 55 per cent within a month. However, post this move BTC faced stiff resistance around the $67,000 mark and witnessed some profit booking. The asset corrected almost by 14 per cent making the weekly low of $57,653. To rally further, BTC needs to break and close above $67,000. Ethereum Ethereum (ETH) has seen a significant rally over the past 2 weeks, currently trading around $4,350, after it broke through the stiff resistance it faced at $4,000. It also set a new all-time high of $4,401 last week. ETH is up by approximately 25 per cent over the past month. ETH's dominance too has improved, currently close to 19 per cent, as the second largest asset currently has a market capitalization of $520 billion. On-chain metrics haven’t been showing any rally specific trends either. This means that the network is under-utilised, and the on-chain activity would have to catch up with price performance in order to sustain the market. The reason for this is the continued avoidance of ETH but buying of SOL and other such non ETH L1 assets among retail aggregators. ETH, post giving a breakout above ‘Descending Triangle’, has witnessed a massive rally and last week the bulls pushed the price above the long held resistance of $4,370 and made the high of $4,456. The asset has surged almost by 50% within a month. Currently, the asset is consolidating and trading in a range between $4,250 to $4,400. ETH is trading in an uptrend and the rising moving averages and the relative strength index (RSI) in the positive territory indicate that buyers have the upper hand. However, to further rally, the asset needs to close above $4,456. Other Altcoins Our trading desk believes that Polygon (MATIC) could hit the $3 mark by the end of this year as it charts a pattern that’s starting to resemble a bull flag. A surge in the Polygon market appeared after Upbit, one of the largest South Korean crypto exchanges by volume, added MATIC pairs to its trading platform. Over the last two weeks, Polygon has surged by about 35 per cent, and volumes have witnessed significant growth too. Inflows into the asset have been on the rise, and institutional interests have peaked too. Similarly, BAT has been gaining significant traction in the crypto community too. The Brave browser, which acts as the backbone for BAT, has seen a mammoth rise in this user base, among both retail users and publishers alike. The program has also incorporated new features, which solve some fundamental issues in the digital browsing space. This has significantly contributed to the asset’s appreciation of late, coupled with the fact that it remains a cheap asset to acquire at current price levels. It does seem attractive as it currently trades at $1.25. If BAT continues to convincingly trade above $1, it could hit new all-time highs soon. Crypto Cart: Quick Glance Top gainers for the week Decentraland (MANA): 353.60% Dogelon Mars (ELON): 295.16% The Sandbox (SAND): 155.82% Shiba Inu (SHIB): 73.12% Basic Attention Token (BAT): 68.99% Top losers for the week OKB (OKB): -21.23% Stacks (STX) -18.39% Revain (REV): -14.29% XDC Network (XDC): -13.47% DeCred (DCR): -11.87% (Source: coinmarketcap.com, data as of 12.00hours, IST on October 31, 2021. Analysis includes the top 100 cryptocurrencies only) (The author is Chief Revenue Officer for ZebPay. Views are his own) (Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of www.economictimes.com.)

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Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) traded flat Thursday evening as the global cryptocurrency market cap decreased 0.64% to $2.61 trillion. 

What Happened: The apex coin fell 0.61% over 24 hours to $56,766.74. For the week, BTC has declined 3.99%.

ETH prices were 0.73% lower over 24 hours at $4,545.18. Over a seven-day trailing period, it has risen 0.44%.

Dogecoin (CRYPTO: DOGE) rose 1.42% to $0.21 over 24 hours. Over the last seven days, it has fallen 4.23%.

Shiba Inu was down 1.99% at $0.00004193 over 24 hours. In a seven-day period, it has risen 1.72%.

The top gainer over 24 hours was Cardano, which spiked 10.01% to $1.70 over 24 hours. For the week, the Charles Hoskinson-created coin has risen 1.09%.

Other notable 24 hour gainers, as per CoinMarketCap data, were IOTA, OKB, and Cosmos. 

IOTA rose 8.84% to $1.50, OKB was up 7.96% at $27.31, and Cosmos appreciated 7.61% to $28.40 in the period.

See Also: How To Buy Cardano (ADA)

Why It Matters: Bitcoin continues to trade below the psychologically important $60,000 mark prompting bullish exuberance from some experts. Others appear to have adopted a more cautious outlook.

Cryptocurrency investor Lark Davis said Thursday that the current cycle “will pump harder and longer” beating investor expectations. He did not expect a BTC top well into 2022.

This cycle will pump longer and harder than most of you are prepared for! IMO no top until well into 2022! #crypto

— Lark Davis (@TheCryptoLark) December 2, 2021

CryptoQuant’s BaroVirtual said in an online post that whales are accumulating BTC at a slower pace and are exercising caution.

Chart Depicting Whale Flow Mean — Courtesy CryptoQuant

OANDA Senior Analyst Edward Moya pointed out that BTC has been stuck in the $54,000-$60,000 trading range and it may stay rangebound for a while longer.

“Bitcoin is lower as many crypto investors see some rough waters ahead as profit-taking could settle in even further if risky assets are dealt a blow on rising Fed rate hike expectations,” wrote Moya in an emailed note.

On the other hand, both BTC and ETH exchange balances have been on the decline since April 2021 and these are now at a three-year low, said Delphi Digital, an independent research boutique.

Delphi attributed this to the rise of Decentralized Finance or DeFi, which allows users to garner yields instead of keeping funds “dormant on an exchange.”

This means exchange balances may not be as strong of an indicator as it was before of cyclical tops and bottoms.

BTC and ETH Exchange Balance Chart — Courtesy Delphi Digital

Meanwhile, Tesla Inc (NASDAQ:TSLA) CEO Elon Musk responded “Dooooge” to CoinDesk tweet touching on Ethereum’s high transaction fee and how it has made DeFi inaccessible to small investors.

Dooooge

— Elon Musk (@elonmusk) December 2, 2021

Read Next: Another One Bites The Dust: SEC Rejects WisdomTree's Bitcoin ETF Application

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Click here, or sign up for our newsletter to explore more of Benzinga's Cryptocurrency market coverage, in-depth coin analysis, data, and reporting.

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CryptocurrencyLong IdeasNewsMarketsMoversTrading IdeasLicenseRelated Articles Cathie Wood Trims Another $49.4M From Coinbase Stake And Buys More Square Shares Amid Crypto Enthusiasm Cathie Wood’s money managing firm Ark Invest further lowered its exposure in Coinbase Global Inc (NASDAQ: COIN) on Thursday but topped up more shares in Square Inc (NYSE: read more El Salvador May Be Pushing For Retail Transactions In Bitcoin But Michael Saylor Doesn't See It As A Good Idea El Salvador has been pushing businesses in the country to accept Bitcoin (CRYPTO: BTC) as it became the world’s first nation to adopt the apex cryptocurrency as legal tender earlier this year, but one apex coin bull thinks that this sort of approach may not be ideal. read more Why Is Cardano On The Rise Today Even As Bitcoin, Ethereum Trade Lower? Cardano (CRYPTO: ADA) traded 7.39% higher over 24 hours at $1.66 leading up to Thursday night.What’s Moving? The Charles Hoskinson-created cryptocurrency has risen 0.94% over a seven-day trailing period. read more Another One Bites The Dust: SEC Rejects WisdomTree's Bitcoin ETF Application The U.S. Securities and Exchange Commission (SEC) has denied yet another Bitcoin (CRYPTO: BTC) spot market exchange-traded fund (ETF) application, after approving multiple Bitcoin futures-based ETF applications. read more

Bitcoin price remained well bid above the USD 55,000 level. BTC started a fresh increase and traded above the USD 57,000 level before correcting lower. It is currently (11:54 UTC) rising and it might revisit USD 57,000 again.

Besides, most major altcoins are also moving higher. ETH could attempt a fresh increase above the USD 4,700 level. XRP might gain traction if there is a clear break above USD 1.00. ADA is outperforming and there could be more gains above USD 1.68.

Total market capitalization  

Bitcoin price

After forming a base above USD 55,500, bitcoin price started a recovery wave. BTC climbed above the USD 56,000 and USD 56,500 levels. The price is now rising and it might revisit the USD 57,800 level. On the upside, the price is facing resistance near the USD 58,000 level. The next major resistance is near the USD 58,500 level, above which the price could revisit USD 60,000.

If there is a fresh decline, the price might find support near USD 56,200. The main support is near USD 55,500, below which the bears may perhaps gain strength.

Ethereum price

Ethereum price started rising above the USD 4,550 level. ETH even surpassed the USD 4,600 level before correcting lower again. The first key resistance is now forming near the USD 4,650 level, above which the bulls might test USD 4,800. 

On the downside, there is a strong support forming near the USD 4,500 and USD 4,450 levels. Any more losses could send the price towards USD 4,200. 

ADA, BNB, SOL, SHIB, and XRP price

Cardano (ADA) gained pace above the USD 1.65 level. It is up 5% and there could be a move above the USD 1.68 level. The next key resistance is near USD 1.70, above which the price might rise towards USD 1.75.

Binance coin (BNB) is stuck near the USD 625 level. An immediate resistance is near the USD 632 level. If there is a clear break above USD 632, the price could revisit the main USD 650 resistance zone.

Solana (SOL) is gaining pace above the 232 level. An immediate resistance is near USD 240, above which the price could test USD 250. Any more gains may possibly open the doors for a move towards the USD 265 level.

SHIB is moving higher and trading near the USD 0.000042 level. The first key resistance is near the USD 0.0000435 level. A clear break above the USD 0.0000435 level might clear the path for a steady increase.

XRP price is consolidating above the USD 0.950 level. The main barrier is near the USD 1.0 level. A close above USD 1.0 could start a steady increase. The next major resistance is near USD 1.05.

Other altcoins market today

Many altcoins are up over 5%, including ATOM, MATIC, XLM, RVN, LUNA, OKB, LEO, QNT, and ONE. Out of these, ATOM gained 18% and broke the USD 31 level.

To sum up, bitcoin price is trying to recover and trading near USD 57,000. A clear move above USD 57,800 and USD 58,000 may possibly send the price towards the USD 60,000 level.

Bitcoin (CRYPTO: BTC) hovered near all-time high levels on Tuesday as the global cryptocurrency market capitalization rose 1.94% to $2.53 trillion.

What Happened: The apex cryptocurrency touched an intraday high of $64,434.53, just 0.66% shy of the $64,863.10 all-time high it achieved in April.

At press time, BTC traded 3.48% higher over 24 hours at $64,116.55. Over a seven-day period, it has run up 13.59%.

Ethereum (CRYPTO: ETH) rose 3.16% over 24 hours to $3,869.77. For the week, ETH has risen 9.98%.

Shiba Inu-themed cryptocurrency Dogecoin (CRYPTO: DOGE) was down 0.18% at $0.24. Over the last seven days, DOGE has gained 6.79%.

The top gainer over 24 hours, as per CoinMarketCap, was OKB. The coin soared 21.56% over the period to $19.87. Over the last seven days, it has risen 23.92%.

The coin linked with the Maltese cryptocurrency exchange OKEx gained 17.96% and 18.31% against BTC and ETH respectively.

See Also: How To Buy Bitcoin (BTC)

Why It Matters: Bitcoin’s rise on Tuesday came after the first Bitcoin exchange-traded fund was launched in the United States.

The ProShares Bitcoin Strategy ETF (NYSE:BITO), which is backed by BTC futures, opened just under $40. On Tuesday, the ETF closed 4.85% higher at $41.94 and rose 0.24% in the after-hours trading to $42.04.

The ETF’s trading volume exceeded $1 billion, with most of the trading coming from retail investors, reported CoinDesk. 

This would put ProShares Bitcoin among one of the top two or three ever, as per Dave Nadig, chief investment officer and director of research at ETF Trends, as per CoinDesk.

Bitcoin reacted positively to the development recording its highest candle close in history, as per cryptocurrency investor Lark Davis.

#bitcoin highest daily candle close in history!!! pic.twitter.com/8aRSBLT1uY

— Lark Davis (@TheCryptoLark) October 20, 2021

Meanwhile, cryptocurrency’s mainstream adoption got another boost Tuesday after Coinbase Global Inc (NASDAQ:COIN) announced a partnership with the National Basketball Association to launch the “official crypto platform” of the NBA, WNBA, NBA2KLeague, and USA Basketball.

As Bitcoin approaches all-time highs, there is an increased possibility of long-time holders resorting to profit-taking, as per CryptoQuant, which pointed to metrics such as spot reserves, derivate reserves, funding rates as indicators.

Metrics Indicating Possible Profit-Taking, Courtesy CryptoQuant

“Nothing more than a normal shakeout. DO NOT PANIC,” wrote the analytics platform in a note on Tuesday. 

Read Next: Why Industry Experts Think Bitcoin Is Headed For $80,000

Join ZINGERNATION and earn ZING, an ERC-20 smart contract token we launched aimed to reward members as we build a community to find and share great trading and investing opportunities. Download the mobile app now, available on iOS and Android.

Click here, or sign up for our newsletter to explore more of Benzinga's Cryptocurrency market coverage, in-depth coin analysis, data, and reporting.

For the latest in financial news, exclusive stories, memes follow Benzinga on Twitter, Facebook & Instagram. For the best interviews, stock market talk & videos, subscribe to Benzinga Podcasts and our YouTube channel.

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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CryptocurrencyNewsMarketsMoversTrading IdeasLicenseRelated Articles Bitcoin, Ethereum Lead Crypto Lower After All-Time Highs, Dogecoin, Shiba Inu Tumble — Could Sky-High Inflation Numbers Spark Another Rally? Major coins traded in the red on Wednesday as the global cryptocurrency market cap fell 3.69% to $2.79 trillion, with Bitcoin (CRYPTO: BTC) down 3.23% at $64,676.43 over 24 hours.What Happened: For the week, the apex cryptocurrency has risen 2.93%.  read more Electronics Retail Outlet MediaMarkt Hit by Ransomware Demand For $50M In Bitcoin A Hive ransomware attack with demands has hit electronics retail giant MediaMarkt with a demand to pay $50 million in Bitcoin (CRYPTO: BTC). read more Why Dogecoin Looks Ready For A Breakout — Crypto Breakdown, November 10, 2021 Start The Day With The Best Daily Overview Of The Crypto Space read more Coinbase Flouts Possibility Its NFT Business Could Be 'Bigger' Than Current Crypto Offerings Like Bitcoin And Dogecoin Coinbase Global Inc (NASDAQ: COIN) CEO Brian Armstrong said Tuesday that there is a likelihood that the company’s non fungible token segment could grow as big or even bigger than fungible tokens. read more

The Shiba Inu buyers are back. Meme coin sensation SHIB has bounced, along with a host of other top altcoins as the crypto market looks to stabilise after bitcoin fell to as low as $55,919.

The coin named after the breed of dog that inspired the launch of Dogecoin, has been on a tear over the past couple of months, but is now 46% off its all time high of $0.0000875.

Shiba Inu is currently priced at $0.0000490. The Shiba Inu price is up around 14% over the past 24 hours.

Despite showing signs of being overbought judging by the relative strength index indicator (see chart below), and having been on a downward trajectory since 28 October, the price may be about to break out of its bearish channel.

SHIB is up around 400% from the cycle low of 0.000000590 registered on 8 September and is 497% higher over the past three months, providing traders with a gigantic return on investment.

Buy SHIB Now

Your capital is at risk

Meme coins showing staying power?

Although the rise of meme coins has been met by sneers from old crypto hands who fear that the coins’ frivolous roots and low utility value risk turning the whole industry into something of a joke, the coins are showing a degree of staying power so far.

Shiba Inu’s launch followed in the wake of Dogecoin’s success and now in its turn Shiba Inu has given birth to a gaggle of imitators.

Coinmarketcap lists a minimum of 100 coins with the name “Shiba” in their name.

However, despite the lack of utility, brand power in itself provides some value, with SHIB’s visibility leading to movie theatre chain AMC planning to accept the token for payment.

As with Dogecoin, Shiba Inu could begin to attract the sort of developer interest that could begin to add greater functionality to the coin.

ETH whales can’t get enough of Shiba Inu

But success breeds success (see what we did there) and this may explain why Shiba Inu is the most popular ERC20 token held by ETH whales. ERC20 tokens enable new tokens to be launched on the Ethereum blockchain.

Data shared by WhaleStats shows that among the 1,000 wallet addresses holding the largest amount of ETH, the most popular ERC20 token was SHIB, accounting for 15% of total holdings, valued at $2.4 billion, flipping CRO, OKB and BEST.

Volatility in the crypto market has spiked over recent hours so we may be in for a rocky weekend so traders may look to sell Shiba Inu to lock in some short-term profits from today’s action.

How to buy Shiba Inu (SHIB)

You can now buy SHIB on most major crypto exchanges, although Robinhood is still a hold out.

The two busiest exchanges for trading SHIB are Binance ($1.25 billion transaction volume) and Coinbase ($532 million tx volume), according to data compiled by Messari.

If you are looking for a hassle-free way to buy SHIB, global investment platform eToro is worth a look. Read our of the best trading platforms for a review of eToro to find out more about the pioneer on social trading.

There are no trading fees, with the platform making its money in the spread between the bid and ask price. The minimum trade size for crypto assets is $25.

Looking to buy or trade Shiba Inu (SHIB) now? Invest at eToro!

Buy SHIB Now

Your capital is at risk

Read more:

How to buy Shiba Inu cryptocurrencyHow to buy Ethereum cryptocurrencyBeginners guide to cryptocurrencyHow to buy Floki Inu cryptocurrencyGary McFarlanePRO INVESTORadministrator

Gary is the editor of insidebitcoins.com. He is also the former crypto analyst at interactive investor, the UK's second-largest investment platform. He has been in active in the digital asset space since 2013, when he initiated coverage of bitcoin at respected investment monthly magazine Money Observer.

View all posts by Gary McFarlane 5 DEX Coins to Buy for High Profits – November 2021 Week 3Jimmy Aki&bulletUpdated: Updated:&bulletUpdated:

Decentralized exchanges (DEX) have boomed since the mainstreaming of decentralized finance (DeFi). This has ...

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Bitcoin price formed a base above the USD 62,500 level. BTC started a fresh increase above the USD 64,000 and USD 65,000 resistance levels. It is currently (04:37 UTC) consolidating gains and it could extend its rally above USD 65,500.

Besides, most major altcoins are also gaining momentum. ETH broke the USD 4,700 level and traded to a new all-time high. XRP is up over 10% and it spiked above the USD 1.26 level. ADA is consolidating above the USD 2.00 level.

Total market capitalization

Bitcoin price

After testing a major support, bitcoin price started a fresh increase above the USD 63,500 resistance. BTC broke the USD 64,000 and USD 65,000 resistance levels. It even spiked above USD 65,500 before starting a consolidation phase. On the downside, an initial support is near the USD 64,500 level. The next key support is near the USD 64,000 level, below which the price might extend losses towards the weekly support at USD 63,500.

An immediate resistance is near the USD 65,500 level. The next key resistance is near USD 66,000, above which the price might rise towards the USD 68,000 level.

Ethereum price

Ethereum price also followed bitcoin and surpassed the USD 4,500 resistance level. ETH even broke the USD 4,700 level and traded to a new all-time high. It is now consolidating gains, with an initial support near the USD 4,650 level. The next key support is near USD 4,600 below which the price might test USD 4,500.

On the upside, an immediate hurdle is near the USD 4,750 level. A clear break above USD 4,750 might even push the price towards the USD 4,920 level in the near term.

ADA, BNB, SOL, SHIB, and XRP price

Cardano (ADA) regained strength for a move above the USD 2.00 level. It is now facing resistance near the USD 2.05 level. The first major barrier is near USD 2.12, above which the price could rise towards the USD 2.25 level.

Binance coin (BNB) extended its rally above the USD 600 level. It even spiked above USD 650 and is currently consolidating gains. An immediate support is near USD 625, below which the price could decline towards the USD 600 weekly support.

Solana (SOL) is consolidating near the USD 250 resistance. SOL could start a fresh increase if there is a close above USD 250. The next stop for the bulls is near the USD 275 level.

SHIB spiked below the USD 0.0000500 level. The price is recovering and trading above the USD 0.000052 support level. The next key resistance is near the USD 0.000055 level, above which the bulls could test the USD 0.000060 level.

XRP price outperformed with a strong move above the USD 1.25 level. It even spiked above USD 1.262 before correcting lower. If the bulls remain in action, the price could rise towards the USD 1.28 level.

Other altcoins market today

Many altcoins are up over 8%, including LRC, KCS, STX, HNT, OKB, KSM, BTG, ICP, HBAR, AVAX, and YFI. Out of these, LRC gained almost 23% and it broke the USD 1.55 level, before moving lower. Meanwhile, ENJ and OMG are down by 6%-7%.

Overall, bitcoin price is consolidating near the USD 65,000 support level. If BTC starts a fresh increase, it could clear the USD 66,000 resistance.

Shiba Inu has emerged as a favorite of Ethereum whales, according to data from Whale Stats. Analysts have predicted that SHIB is likely to start the second leg of the bull run in the ongoing cycle. 

Top 1000 Ethereum whale wallets hold $2.3 billion worth of SHIB tokens

Based on data from Whale Stats, SHIB accounts for over 17.4% of the top 1000 Ethereum wallets ERC20 holdings. The meme coin currently ranks 11th with a market capitalization of $23.6 billion. 

#ShibArmy Congrats! The King is coming back! #SHIB flipped #BEST, #OKB and #CRO to become biggest ERC-20 hodling (17.44%) among the top 1000 ETH wallets with total value of $2,371,207,191 Source: https://t.co/jGSeQ3uXfo pic.twitter.com/WVGOpmcYjf

— WhaleStats - the top 1000 Ethereum richlist (@WhaleStats) November 17, 2021

The Shiba Inu community (SHIB army) has actively created petitions to list SHIB on Robinhood to get it accepted as a payment method at AMC Theatres and McDonald's. AMC Theatres have accepted SHIB Army's request and announced that SHIB could be used to make payments across its theatre chain outlets through BitPay. 

Adam Aron, CEO of AMC Theatres, recently tweeted:

Attention #SHIBArmy: Our friends @Bitpay decided to support Shiba Inu specifically because I asked, so AMC can take Shiba Inu for online payments of movie tickets and concessions. @AMCTheatres to be the first @bitpay client to accept Shiba Inu. Timing 60-120 days. This is a WOW! pic.twitter.com/F54i22hHDv

— Adam Aron (@CEOAdam) November 15, 2021

The analytics firm Santiment recently referred to SHIB as a "blue chip" among Ethereum powered altcoins. Santiment listed SHIB, Yearn Finance (YFI), Uniswap (UNI), AAVE and Chainlink (LINK) as the five blue-chip ETH altcoins. 

@venturefounder, a cryptocurrency analyst, believes that meme coins Shiba Inu and Dogecoin rallied ahead of a Bitcoin bull run. The analyst considers that the next time SHIB price rallies, it is a sign of the crypto market getting overheated. 

#memecoin rallying = top indicator? Be more cautious next time you see $DOGE and $SHIB at their ATH again, it's a sign that the market is getting overheated and complacent. Interesting how this time #memecoins actually rallied first, ahead of #BTC and #ETH. pic.twitter.com/BW5EkklPNi

— venturefoundΞr (@venturefounder) November 18, 2021

Shiba Inu's utility has hit a peak, with over 500 merchants accepting SHIB as a form of payment. A mysterious new SHIB whale has purchased 170 billion Shiba Inu tokens worth $8.1 million during a dip. 

The whale converted ETH to buy SHIB; proponents consider it a bullish sign for Shiba Inu price. 

FXStreet analysts have evaluated SHIB price and identified a triple bottom pattern to catapult Shiba Inu to $0.000088.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

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Cryptos feed-->  Latest Crypto News Latest Crypto News & Analysis Editors’ PicksDogecoin price remains under bearish pressure as DOGE bulls await lower entry levels

Dogecoin (DOGE) has not exactly been in a sweet spot lately, as price action fades further to the downside. Bears are continuing to penetrate important support levels and flipping them into resistance. Bulls, meanwhile, are awaiting the right moment for headwinds to fade before engaging in building a long position in DOGE price action.

More Dogecoin NewsXRP price could bounce before Ripple establishes directional bias

XRP price is in an ambiguous technical formation that is close to a breakout. Investors can expect a bullish uptick in Ripple’s market value before a breakout.

More Ripple NewsBitcoin whales enjoy the price crash to buy over $180 billion worth of BTC

Whales started accumulating BTC through the dip below $60,000. Based on data from IntoTheBlock, the number of BTC addresses holding Bitcoin for over a year has hit an all-time high. 

More Bitcoin News IOTA remains stuck in tight consolidation, must breakout above $1.56 to resume uptrend

A brief technical and on-chain analysis on MIOTA price. Here, FXStreet's analysts evaluate how IOTA could be about to resolve its ambiguous outlook.

More IOTA NewsBEST CRYPTO BROKERS/EXCHANGESMore infoMore infoMore infoMore infoBitcoin Weekly Forecast: Markets revert to mean, but BTC price remains indecisive

Bitcoin price shows considerable strength after springing from the recent crashes. Still, it is uncertain whether the current bullish impulse will morph into a new uptrend or lead to a more profound decline.

Read the weekly forecast BTC ETH XRP Crypto partners in your location

A lot has happened in the crypto space over the last seven days. As per the report from Coinfomania, the first Bitcoin Futures EFT launched on Tuesday. The report came a day before stating that fund manager ProShares will launch an exchange-traded fund tracking bitcoin futures on the New York Stock Exchange. The final prospectus submitted to the Securities and Exchange Commission (SEC) did not meet any opposition, paving the way for trading to begin on Tuesday.

Buoyed by this news BTC recorded all-time news The new ATH of the most valued coin is $67,016. The crypto industry also recorded a big win as the Sindh High Court finally ruled that the ban be lifted by the government and cryptocurrencies be accepted in the country. For the first time since 2018, Pakistanis will soon be able to buy cryptocurrencies.

Unfortunately, the crypto market hasn’t seen a lot of improvements in market cap. The week started with the global cryptocurrency market cap at $2.50 trillion. The current market as of this time is $2.55 trillion – not up to a 5% increase. The industry peaked at a high of $2.67 trillion and saw a low of $2.3 trillion.

We noticed that some exchange tokens have had a tremendous run since the start of the week. One such is OKB, as it increased by 67% during this time, with Huobi token rising by more than 20%. Other cryptos also increased in value including SHIB, gaining 32%, SOL gained 22%, ONE gained more than 10% and many more. Having passed through the week, let’s see what the charts say.

BTC/USD

The most valued coin suffered a major setback in prices after its ATH. Many traders started taking profit from the market resulting in massive sellers congestion. BTC value per unit dipped to as low as $59k before rebounding off the support.

Bitcoin as of the time of writing is recovering and holding on to the $60,000 support. Since the drop to $59,633, the largest crypto by market cap has not risen past $62,000. The King coin performance over the last seven days is not up to par as it may close the week in loss.

With the $60k support continuously flipped over the last three days, BTC did not drop below $59k – making it a support to watch. In a case of an intense price dip, we may expect the buyers to hold the most valued coin at $56,000. The bulls will aim for a return to $65k but may face a tough time at $63,000.

ETH/USD

The second-largest coin had a tremendous week as it is about to close the week with an increase of 5.37% as of this time. The largest alt saw a low of $3,675 and a high of $4,375. Ether will be closing in on gains for the fourth week in a row.

ETH rose past $4,000 for the first time in 30-days on Wednesday. The coin has been hitting the mark since its first crossing till the time of writing. The $3,800 support held out over the last three days. Ether will look to flip the $4,500 resistance soon.

BNB/USD

BNB is barely up by 1% after having a very volatile week. The Binance coin hit a high of $514 and a low of $444. The cryptocurrency is down by 2% in the last 24 hours as it’s being rocked by a lot of sell-off.

The predicted death cross is about to take place as we notice that a crossing may happen on the Moving Average Convergence Divergence (MACD). The chart above shows the fast line dipping in response to price movements as we this indicator may hint at impending selloff.

The exchange token was unable to cross $520 this week. With the death cross in view, we may expect a dip lower than the previous. The $400 support may be the strongest as Binance coin flipped the $450 mark twice this week.

ADA/USD

Kraken users were thrilled to get Cardano at a discounted price of $1.8 per unit. On average, the fifth largest coin by market cap hit a low of $2.1 on other exchanges and a high of 2.3.

We saw a change in the ADA trend this week as it showed that the ADA/USD pair showed hit a high that was not attained last week. The coin was presumed to have finally joined the bullish market after more than two weeks with retracements.

Unfortunately, the buyers could not sustain the uptrend and the sellers’ congestion resumed. Cardano is down by 2.45% over the last seven days. If the dip continues, the pair may drop as low as $1.9.

SOL/USD

Solana is about to end another week in profit as it is up by 18.96% in the past seven days. The coin hit a new all-time high this week as it rose as high as $222 as opposed to $220. The current sixth coin by market cap reclaimed this spot during the time under consideration – unseating XRP.

The coin is facing retracements as of the time of writing as it is trading at $189 per unit. If the downtrend continues, we may expect a rebound at $140. A resumption of the uptrend may result in the SOL/USD pair reclaiming $200.

XRP/USD

Ripple coin is trading more than 3% lower than the price it started the week. The coin is on its way to recording its second week of losses as it failed to surge higher. XRP saw a high a high of $1.16 and low of $1.06.

The XRP/USD pair came crashing after hitting a weekly high as of failed to hold on to underlying supports. The Moving Average Convergence Divergence (MACD) shade more light as to why the seventh-largest crypto-asset keeps dipping. The chart above shows a bearish cross on the indicator under consideration.

DOT/USD

Polkadot has lost more than 4% over the last 24 hours. The body of candle on the weekly chart is a doji as the body is thinning as a result of the intraday trading activities. The coin hit a high of $46.3 and a low of $40.

The price dip is bringing the interception of MACD fast and slow lines after they both surged considerably for more than half the current month. A cross will mean more drop in value per unit. The first line of defense against further retracements is $39.

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OKEx, the popular crypto derivatives exchange, today announced the launch of OKB’s first OKB/EUR market on Bitlocus, a Europe-based cryptocurrency exchange startup.

Launched in 2019, Bitlocus is a crypto marketplace offering both crypto-to-fiat and crypto-to-crypto trading services. It aims to become one of the world’s major Euro fiat-to-crypto trading platforms.

Recently, OKB was listed on Indodax, the largest crypto exchange in Indonesia. As of now, OKB can be traded against multiple fiat currencies, including the US dollar, the South Korean won, the Vietnamese dong, the Indonesian rupiah, and now the euro.

Holders of OKB are provided exclusive privileges, including greater trading fee discounts and a higher subscription limit in OKEx Jumpstart token sales.

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Bitcoin officially hits new all-time high above $65K

Bitcoin (BTC) surged to new all-time highs this week, breaking the former ceiling of $64,900 from April as the asset went into price discovery mode before topping out around $67,000.

The bullish momentum coincided with the successful launch of ProShares’ Bitcoin futures-based exchange-traded fund (ETF). Many onlookers are expecting the price to increase in the coming weeks and months, with the more optimistically inclined even suggesting that up to $300,000 is possible in the near future. 

With Bitcoin’s market capitalization dominance at its highest since mid-May, many popular traders have stressed that now is the time to put a focus on digital gold and put the altcoin market on the back burner for the moment.

ProShares achieved a major milestone for the crypto sector this week after the firm debuted its Bitcoin futures-based ETF (BITO) on the New York Stock Exchange (NYSE) on Tuesday. 

ProShares’ Bitcoin Strategy ETF saw around $1 billion in volume on its opening day, with Bloomberg analysts stating that it was arguably the largest first-day volume for an ETF in terms of “natural” or “grassroots interest.” 

After two days on the NYSE, Proshares’ ETF became the fastest fund ever to reach $1 billion in assets under management. Following Proshares’ ETF, many onlookers are waiting to see how the next in line performs. At the time of writing on Friday, Valkyrie just launched its Bitcoin futures ETF on the NYSE.

Top crypto exchange Coinbase has penned a deal with the NBA, WNBA, NBA G League, NBA 2K League and USA Basketball as part of a multiyear sponsorship deal. As part of the deal, Coinbase will work to educate basketball fans on crypto.

According to the NBA, Coinbase will create “unique content, innovations, activations and experiences” to help basketball fans to learn about the crypto space. The firm’s branding will also appear during the televised games.

The move could be a real “slam dunk” for the industry in terms of mainstream adoption, with data from Statista showing that an average of 1.6 million people watched NBA regular-season games across major networks during the 2019–2020 season.

Mariah Carey, the pop icon behind the divisive Christmas song “All I Want For Christmas Is You,” has partnered with the Winklevoss twins’ crypto exchange Gemini to promote Bitcoin adoption and support girls of color in their pursuit of STEM degrees — a broad education category that refers to science, technology, engineering and mathematics. 

In a video to her 10.2 million Instagram followers, Carey said she’s a Bitcoin investor and offered her fans a referral code to redeem a whopping $20 in free BTC. 

Her promo deal is linked to charitable causes, as users who sign up through the referral link and trade digital assets on Gemini will be contributing directly to Black Girls Code, a nonprofit organization that provides technology education for African-American girls.

A four-year-old hodler from Brazil has earned more than 6,500% in profit on her first Bitcoin. The girl’s father, João Canhada, gifted 1 BTC to his newborn in 2017 when the asset was priced at around $915. 

Canhada is the founder of Brazilian crypto exchange Foxbit, and stated that he bought his daughter Bitcoin not just as a gift, but as a “way of investing” in the emerging crypto sector. It appears that he was at the right place at the right time, as the price of Bitcoin went on to surge to $20,000 at the tail end of 2017.

While there have been many bumps along the road, Bitcoin was worth around $61,000 at the end of the week, suggesting her profit now sits at roughly 6,560%.

At the end of the week, Bitcoin (BTC) is at $60,658, Ether (ETH) at $3,963 and XRP at $1.09. The total market cap is at $2.51 trillion, according to CoinMarketCap.

Among the biggest 100 cryptocurrencies, the top three altcoin gainers of the week are OKB at 71.25%, Nexo (NEXO) at 33.80% and Huobi Token (HT) at 33.70%.

The top three altcoin losers of the week are Flow (FLOW) AT -21.20%, Celsius (CEL) at 14.00% and Perpetual Protocol (PERP) at -13.14%.

For more info on crypto prices, make sure to read Cointelegraph’s market analysis.

“If left unchecked, these digital assets and payments systems could harm the efficacy of our sanctions.”

U.S. Department of the Treasury

“We’ve got a lot of smart guys working at Icahn & Company, and we just don’t understand Bitcoin. I’m not saying it’s bad or good, I’m just saying we don’t understand it. We’re not going to invest in something we don’t get. […] The jury is really out on whether Bitcoin has intrinsic value or acts as a store of value. If inflation gets rampant, I guess it does have value. There are so many variables, it is a very difficult thing to invest in.”

Carl Icahn, founder of Icahn Enterprises 

“There’s a lot of history here. We think it’ll track quite well and, most importantly, we think that a combination of a regulated futures market and a 40-act ETF will really open up the opportunity to conveniently get Bitcoin exposure to a lot of folks who may have been waiting on the sidelines.”

Simeon Hyman, head of investment strategy at ProShares

“To protect consumers and reduce costs, we encourage the streamlining of state-level regulatory frameworks for stablecoins and the issuance of special-purpose charters by federal banking regulators for stablecoin companies seeking to operate nationally.”

The Chamber of Digital Commerce

“DAOs do not clearly fall within any of Australia’s existing company structures. […] This regulatory uncertainty is preventing the establishment of projects of significant scale in Australia.”

The Senate Committee on Australia as a Technology and Financial Center (ATFC)

“Diem is not Facebook. We are an independent organization, and Facebook’s Novi is just one of more than two dozen members of the Diem Association. Novi’s pilot with Paxos is unrelated to Diem.”

Diem

“We’ve made a lot of noise in the last few months about getting hyperactive in cryptocurrency.”

Adam Aron, CEO of AMC

“AI, especially the sort of low-tech, surveillance form, is essentially communist.”

Peter Thiel, co-founder of PayPal

Bitcoin’s price favored north this week. According to Cointelegraph’s BTC price index, the asset broke its previous all-time high just shy of $65,000, going on to reach $67,000 amid a week filled with Bitcoin ETF headlines. Bitcoin cooled off following its surge, however, dropping back down to the low $60,000s. 

Several people weighed in on potential upcoming price action for Bitcoin. The Twitter account for E-Club Trading, an investment analysis organization, mentioned a level around $58,000 as one potential landing zone if Bitcoin loses the $62,000 level. 

BTC could also possibly ride right up to $80,000, or it could visit $58,000 or $53,000 first prior to pushing for $80,000, ExoAlpha chief investment officer David Lifchitz noted.

New York Governor Kathy Hochul received a letter this week urging her to deny permits enabling the conversion of the city’s old fossil-fuel power plants into crypto mining centers. The power plants in question are the Greenidge Generating Station and Fortistar North Tonawanda Facility, which now are the target of ambitions to mine and hodl at full throttle.   

The letter was co-signed by a long list of local organizations, businesses and labor groups, who banded together to voice their concerns over the energy-intensive poof-of-work crypto mining model. 

“Proof-of-Work cryptocurrency mining use enormous amounts of energy to power the computers needed to conduct business — should this activity expand in New York, it could drastically undermine New York’s climate goals established under the Climate Leadership and Community Protection Act,” the letter read.

Speaking of New York, the state’s attorney general’s office went after five local crypto firms on Monday, ordering two unnamed companies to shut down operations, while launching investigations into the other three. 

The attorney general’s office alleged that the two firms engaged in unlawful activities, and requested details on the other firm’s lending products, policies, procedures, clients in the state and other relevant information.

One of the three crypto lending firms under investigation is Celsius Network, with the firm confirming the news in a blog post on Tuesday. Celsius said it is “working on providing regulators in New York” with info regarding its business.

In what may or may not be FUD depending on one’s views towards Facebook, the social media giant was urged by five U.S. senators to halt its crypto wallet just hours after its pilot program went live this week. 

Facebook’s Novi wallet launched a pilot in the United States and Guatemala on Tuesday in partnership with Coinbase, but the group of senators, which included crypto skeptic Elizabeth Warren, weren’t having it. In a letter sent to Facebook CEO and meat-smoking enthusiast Mark Zuckerberg, the senators voiced their “strongest opposition to Facebook’s revived effort to launch a cryptocurrency and digital wallet.”

“Facebook cannot be trusted to manage a payment system or digital currency when its existing ability to manage risks and keep consumers safe has proven wholly insufficient,” the letter read.

Sadly, there are several reasons why the blockchain community has fallen short in making privacy a tier-one priority, and that must be changed.

“Generally, when I’ve got things successful, it’s just through a bit of skullduggery.”

With a Bitcoin futures exchange-traded fund, getting exposure to the world’s largest cryptocurrency will be easier than ever.

Tags: BitcoinBitcoin ETFCameron WinklevossCoinbaseexchangesGeminiTyler Winklevoss ShareTweetShareShareSend Editorial Staff

Cointelegraph Magazine writers and reporters contributed to this article.

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Bakkt stock goes parabolic, GBTC outpaces BITO ETF and Tom Brady offers 1 BTC for 600th touchdown ball: Hodler’s Digest, Oct. 24-30by Editorial Staff October 30, 2021

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With holding strong at $7,500 and poised nicely for its third block halving scheduled for early next month, the altcoins are looking for a way out. Litecoin and the ‘Ethereum competitor’ Tron are looking for a squeeze-out while OKB, the native token of the digital assets exchange OKEx, is still struggling. Litecoin [LTC] Source: via TradingView The seventh-largest cryptocurrency in the market has been trading steadily upwards, mounting a strong recovery since the collective fallout of the previous month. After dropping to a low of $29.85, LTC bounced off its support and began trending in a rising wedge. , priced at $43.95 at the time of writing, is still over $20 short of its price at the beginning of March. The resistance levels for the coin lay at $53.72 and $57.96, respectively. The Bollinger Bands for the altcoin pointed to a gradual decline in volatility as the bands were moving closer, while the average line was observed to be still below the price. The recent rumors around North Korean dictator Kim Jong-un’s health have caused cryptocurrency investors to fear a sell-off. The hermit kingdom is to have $670 million in foreign and cryptocurrencies. In fact, a by Recorded Future suggests that North Korea, in addition to mining Bitcoin, has mined two altcoins – Monero and Litecoin. Tron [TRX]  Source: via Trading View The sixteenth-largest cryptocurrency on the market, like Litecoin, has been trading in a rising wedge, although with a larger incline. After bouncing off its support at $0.0085, the cryptocurrency broke another long-term support at $0.012 and was heading up at the time of writing, as per the charts. On the eve of the March crash, TRX was trading at over $0.016. If the aforementioned trend continues, it will break the same in the coming weeks. However, a move out of this wedge and the price could trickle downwards. The MACD line for the moved over the signal line back in late-March, at a time when the recovery began. The same was over 0, at press time. Tron was in the news recently after on 27 April, Samsung announced its support for decentralized applications or DApps developed on the network. OKB  Source: via Trading View The native token of the cryptocurrency exchange has been trading in a tighter spot, when compared to the aforementioned altcoins. OKB has been stuck since 22 April in a descending triangle, with the price declining from a high of over $5. had its immediate support at $4.83, a level which forms the base while a trendline can be seen from as low as $4.76, which the coin crossed on 24 April. The squeeze, however, will look to manifest next week, based on the altcoin’s price trajectory. The Relative Strength Index for the coin has been declining since 24 April, a time when it was over 70. At press time, the RSI had dropped to its press time value of 46.34. OKB’s parent exchange, OKEx, was in the news after it overtook BitMEX in terms of Open Interest on Futures exchanges, with the exchange now accounting for the largest percentage Open Interest among all top derivatives exchanges in the market. Related Topics: Aakash is a full-time cryptocurrency journalist at AMBCrypto covering primarily the US market. A graduate in Finance and Economics, his writing is centered around regulation and institutional investment within the cryptocurrency space. He is also an aspiring triathlete.

articles liés Babylon Project issues immutable Certificate of Participation to all 2020 Hackathon participants La Juventus lance sa propre crypto-monnaie QRC Sponsors PAS 19668 Security Token Specification with BSI Bitfinex Launches Tether Tokens (USDt), Euro Trading Pair Libra devient Diem Launched in 2019, Bitlocus is an up-and-coming crypto marketplace offering both crypto-to-fiat and crypto-to-crypto trading services. Currently, it has become one of the world's major Euro fiat-to-crypto trading platforms. Recently, OKB was listed on Indodax, the largest crypto exchange in Indonesia. As of now, OKB can be traded against multiple fiat currencies, including the US dollar, the South Korean won, the Vietnamese dong, the Indonesian rupiah and Euro. The addition of the new Euro trading market marks another strategic milestone in OKEx's international expansion. "OKB is entering the third year in maturing its ecosystem. Listed on Bitlocus, such collaboration has unlocked our achievement to introduce OKB to European market. Moving forward, we will work our best to expand the OKB ecosystem and continue to build further. We believe the future of OKB could be beyond your imagination," said Jay Hao, CEO of OKEx. In recent months, the OKB ecosystem has been taking shape fast into a global token economy. Currently, OKEx has partnered with 25 partners worldwide to enable users to redeem with OKB a plethora of products and services, for example, hotel booking, online shopping, mobile top-up, cybersecurity services, and decentralized finance (DeFi) services, to name a few. OKEx also offers a range of OKB-exclusive privileges for OKB holders, including greater trading fee discounts and higher subscription limit in OKEx Jumpstart token sales. On the other hand, the 6th OKB buy-back and burn was carried out to offsetting its inflation and consolidating its value. This time, 5,945,273.91 OKB was burnt while 13,978,364.45 OKB has been bought-back and burnt since May 4, 2019, which is 4.7% of the total circulating amount. Thanks to the above actions, OKB has been going strong in the secondary market. According to AMBCrypto, OKB achieved the highest ROI of 386% in 2019, compared to 147% of Binance's BNB and 180% of Huobi's HT. About OKEx OKEx is a world-leading digital asset exchange headquartered in Malta, offering comprehensive digital assets trading services including token trading, futures trading, perpetual swap trading and index tracker to global traders with blockchain technology. Currently, the exchange offers over 400 token and futures trading pairs enabling users to optimize their strategies. okex.com SOURCE OKEx Finyear & Chaineum Lisez gratuitement le quotidien Finyear & sa newsletter quotidienne. Recevez chaque matin par mail la newsletter Finyear, une sélection quotidienne des meilleures infos et expertises en finance digitale, corporate finance & crypto finance. Read for free The daily newspaper Finyear & its daily newsletter. Receive the Finyear's newsletter every morning by email, a daily snapshot of the best news and expertise in digital finance, corporate finance & crypto finance. ------------------------ Chaineum : Fondée en 2015, Chaineum est une boutique ICO & STO offrant une expertise de premier plan en matière d’ICO et STO, avec une vision stratégique orientée tant vers le métier de ses clients que sur la technologie blockchain. A ce titre, Chaineum a participé à la mise en œuvre de bonnes pratiques dans le secteur (ICO Charter, Security Token Network). La division services blockchain de Chaineum, développe la technologie Chaineum Segment, une blockchain privée orientée objets. About Chaineum: Founded in 2015, Chaineum is a ICO & STO Boutique with a strong expertise in ICO and STO, and a strategic focus on both its clients' business and blockchain technology. As such, Chaineum paved the way in the implementation of certain best practices in this sector (ICO Charter, Security Token Network). Chaineum's blockchain services division, is developing Chaineum Segment technology, an object-oriented private blockchain. ------------------------- No Offer, Solicitation, Investment Advice, or Recommendations This website is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, nor does it constitute an offer to provide investment advisory or other services by FINYEAR. No reference to any specific security constitutes a recommendation to buy, sell or hold that security or any other security. 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