Ethereum Forms Bullish Pattern, Why Close Above $1,850 Is Critical
Ethereum is holding gains above $1,750 against the US Dollar. ETH price is likely setting up for a crucial upside break above the $1,850 and $1,880 resistance levels. Ethereum corrected further lower below the $1,750 support zone, whereas bitcoin extended its rise. However, ETH remained well bid above $1,720 and $1,700 levels.
Bitcoin Price Prediction: BTC is gearing up for correction to $50,000 if the $58,000 hurdle remains unshaken
Bitcoin fails to enter a new price discovery mode due to a rejection suffered marginally above $58,000. BTC risks breaking down massively amid the formation of two bearish patterns. Support is anticipated at $56,000, 54,000 and $52,000 to halt the declines before reaching $50,000.
Crypto bank BlockFi reaches $3 billion valuations after $350m raise
Crypto lender BlockFi has raised over $350 million in a Series D round and is now valued at over $3 billion, the firm said in a release today. The firm is one of the few reputed ‘CeFi’ firms that allow people to earn a yield on their cryptocurrencies—6% on Bitcoin and over 8.6% on stable coins.
Zilliqa blockchain establishes investment and business entity to grow the ecosystem
Through a network of strategic investments, Zilliqa Capital looks to nurture entrepreneurs and developers to further cement Zilliqa’s position as the blockchain platform of choice across Southeast Asia and India, all while enhancing its impact globally.
Popular Crypto Trader Predicts Massive Altcoin Rally This Month
Popular crypto trader Capo is predicting a deep pullback for bitcoin in the coming month, leading to the ignition of an altcoin rally. In a recent series of tweets, Capo said bitcoin’s dominance index is waning, giving an indication that altcoins are about to experience a rally.
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