Bitcoin and Ethereum Consolidate, ADA, APE, and Multiple Altcoins Rally

Bitcoin price climbed above the USD 30,000 resistance level and is currently (11:45 UTC) consolidating gains above USD 30,500. BTC jumped almost 7% in a day, trimming its weekly losses to less than 17%.

Timeline of Cardano, Bitcoin, Ethereum

The cryptocurrency market tumble has just halted for a while as the major tokens register some recovery. The market crash has left the largest cryptocurrency, Bitcoin (BTC) to fall by 50% from its all time high (ATH).

Widely-followed crypto analyst Benjamin Cowen says the dot-com bubble in the late 1990s is giving a glimpse of what the bottom could look like for the crypto market. In a new video, Cowen tells his 738,000 YouTube subscribers the possible worst-case scenario for crypto amid the current dip that saw Bitcoin (BTC) dropping by more The post Here's the Worst-Case Scenario for Crypto Markets Amid Bitcoin (BTC) Crash, According to Analyst Benjamin Cowen appeared first on The Daily Hodl.

Amidst the downtrend in the cryptocurrency market, the world's largest international airline, Emirates, announced Friday it's planning to embrace Bitcoin (BTC) and other digital solutions like metaverse, NFTs, and blockchain, to seamlessly connect with customers.  Adel Ahmed Al-Redha, the Chief Operating Officer of Emirates, stated that the airline would use Bitcoin as a payment method.

Yesterday, the price of Ethereum (ETH) plunged to a low of $1,763 as bulls bought the dips. Today, the largest altcoin is in an upward correction with the market reaching a high of $2,148. For the uptrend to continue, the bulls need to break above resistance at $2,201.

David Marcus, former Meta executive and co-creator of Facebook's now sold Diem project, has moved his focus to Bitcoin (BTC), unveiling a new company, Lightspark, established with the aim to explore, build and extend BTC's capabilities and utility.

Exclusive Interview: Blockchain.News invites Marie Tatibouet, the Chief Marketing Officer, at Gate.io cryptocurrency exchange, to discuss the pros and cons of Bitcoin adoption in the Central African Republic and propose a way how crypto can be adopted in the region.

Japanese investment bank Nomura began trading cryptocurrency derivative contracts this week, joining rivals including Goldman Sachs and JPMorgan in giving clients a way to access the crypto market.

Dubai's step-up to become the crypto capital of the world has now added one more event to the list. bitcoin as the payment is now accepted by Emirates Airline of UAE. UAE flag carrier Emirates has planned to embrace advanced digital solutions such as blockchain, metaverse, and cryptocurrency to connect with the customers in a …

Bitcoin (BTC) has broken out from a short-term pattern after bouncing at a confluence of Fibonacci support levels. The post Bitcoin (BTC) Reclaims $30,000 After Flash Crash to $25,900 appeared first on BeInCrypto.

After Bitcoin was swayed away with a bearish roar for more than a week, the flagship currency is now entering a recovery phase. Yesterday, on May 12th, the cryptocurrency market had one of the worst bearish cycles of 2022 as the world's first crypto by market cap, dropped around $26,000. However, today the Bitcoin price …