In the midst of this week’s market turbulence, a crypto trader who is pseudonymously known as Altcoin Sherpa is expressing his view on Ethereum price and other altcoins. Avalanche (AVAX) The analyst informs his 176,300 Followers on twitter that the native currency for smart contract platform Avalanche (AXAX) may see a nice short-term trading option...Read More
The popular play-to-earn token Axie Infinity (AXS) dropped heavily after a magnificent rally of close to $30 during the last trading day. The asset reached a three-week high but eventually failed to hold the gains and corrected by more than 18.5% since the early trading hours. Moreover, it is currently posing more possibility of a...Read More
The collapse of the Terra stablecoin posed a number of challenges for stablecoin networks. While some stablecoins have been put to the test after the UST crisis, others have remained consistent. Despite a recent downturn in the market, the TRON (TRX) cryptocurrency has managed to maintain its momentum. The TRX token has risen to the...Read More
Terra 2.0 went live a couple of days before, launching a new chain with a new token LUNA, while the old token was rebranded as TerraClassic (LUNA). Despite huge criticisms, Do-Kwon, the founder of Terra went ahead with his proposed revival plan and launched a new chain. It was expected that the influx of liquidity...Read More
The Shiba Inu pricing indicates that there is a start of a bull run, yet a green candle needs to pop in for confirmation. But SHIB will receive the necessary validation if it retests the immediate barrier before a minor uptrend. While technical analysis provides part of the truth, fundamental analysis completes the picture. The...Read More
Pseudonymous trader Capo to his 323,500 twitter followers says that demand for bitcoin at $28,000 is nearly exhausted as BTC bears to continue to stack massive sell orders above $29,000. A closely tracked crypto strategist who builds a following with his bearish calls says it is almost time for leading digital asset Bitcoin (BTC) to...Read More
Bitcoin’s price fell far below $30,000 on Friday, and other cryptocurrencies were also trading in the red. Ethereum, the world’s second-largest cryptocurrency by market capitalization, has dropped more than 5%. The worldwide cryptocurrency market was down 4.46 percent over the previous day on Friday, May 27, and was at $1.19 trillion at the time of...Read More
After the lesson learnt in the past fortnight, Terra is all set to become the fully-community owned chain to empower the ecosystem. While centralized exchanges like Binance, ByBit, etc are reportedly working closely with Terra for the LUNA 2.0 airdrop. On the other hand, the South Korean exchanges strongly ignore the LUNA 2.0, which may...Read More
As BTC gets rejected from $30,000 and ETH slides below $2,000, the broader crypto market is deep in the red zone. As of now, half of the top 30 cryptocurrencies are 80% (or more) down from ATHs. Altcoins in Bloodbath After major cryptocurrencies hit ATHs last November, with Bitcoin touching the $69,000 level at one...Read More
Anchor Protocol (ANC) Anchor Protocol’s recent market bullish sentiments are rising and were intending to outperform the entire crypto space earlier. And hence currently it appears that The asset is currently up by more than 78%, while the broader markets are experiencing extreme selling pressure. Over the past couple of days, ANC price earned a...Read More
Last week, the cryptocurrency market went through one of the barbaric blood baths where except a few cryptocurrencies, almost every cryptocurrency had a fall of double-digit percentage. Like many other cryptocurrencies, even Cardano bulls have been facing pressure after the May 12th crypto crash. At the time of publication, Cardano’s ADA is trading at $0.526...Read More
As huge turbulence was hovering within the space that the Terra executive had not handled the crisis in a proper way, the founder Do Kwon came up with a relief plan. As per the relief plan, the existing ecosystem would become Terra Classic with the token named LUNC. And the newly created chain would be...Read More
In a recent update, the proposal to fork the current LUNA chain into LUNC has been strongly opposed by their own community. The proposal is said to have received huge negative reactions as they mainly intended to create a new chain without the algorithm stablecoin. On the other hand, the community believed burning LUNA tokens...Read More
Shiba Inu price research analysis shows that the altcoin is still in a downturn, as Shib-bulls struggle to build the necessary momentum for a turnaround. As a result, the altcoin is anticipated to continue the downward trend in the coming days. However, as market volatility decreases, the resistance and support levels move closer together, making...Read More
The altcoins in the recent past have manifested extreme bearish conditions due to the volatility within the crypto space. If the star crypto Bitcoin falls by 1%, the altcoins tend to drop by 10%. And hence now when Bitcoin is below its ATH by more than 60%, major altcoins are nearly 92% to 94% distinct...Read More
After a tumultuous couple of weeks with bearish pressure causing the majority of cryptocurrencies to extend to the downside, Bitcoin today, May 13, has reclaimed the crucial $30,000 level. Cryptocurrencies across the board were rebounding from brutal sell-offs in this week’s crypto bloodbath. Cardano (ADA) Founder Charles Hoskinson in a recent video says, large corrections are routine...Read More
The most primitive crypto Bitcoin is yet again standing strong quashing all the FUD’s created on its way towards superiority. The asset withstood multiple external FUD’s like ban, regulation, stock market turbulence, negative mentions, etc and the very recent one of a whale dump. No doubt the asset faced extreme plunge for a while but...Read More
The Crypto crash continues for the 4th consecutive day which is constantly extracting a billion of the market cap each day. While there is an extreme fear among the traders, as they keep extracting all their investments, spiking the trading volume by more than 41.85%. Terra, being the spotlight of the crash recorded more than...Read More
Waves is one of the cryptocurrencies that has been playing-wise over the years. The cryptocurrency has focused on delivering an open forum for decentralized applications (DApps). That processes payments with a reduced carbon footprint utilizing Proof-of-Stake (PoS) consensus. The endeavour has already progressed beyond its primary purpose of offering faster, higher data rates than some...Read More
Over the past four weeks, the crypto market has witnessed one of the worst crashes as the US Federal Reserve is on the verge to increase the interest rates due to surging inflation. In the early hours today, the largest crypto by market cap had crashed hitting the $35,000 range. But now the currency has...Read More
According to the Coin Bureau, Cardano use is on the rise. Here’s What It Thinks About the Ethereum Competitor’s Future In the wake of Cardano’s recent underperformance, the presenter of the popular YouTube series Coin Bureau examines the cryptocurrency’s prospects. Guy, a pseudonymous crypto analyst , claims that Cardano is seeing a surge in adoption...Read More
After the US fed meeting yesterday, the major cryptocurrencies had surged. The main drivers for this bull run are Bitcoin, Ethereum along with other altcoins. But today the flagship currency has dropped by more than 5% in just a few hours trading below $37,000. As Bitcoin plunged so did the entire crypto market. Among many...Read More
The price of bitcoin concluded April on a bearish note, with fears that more downside pressure will persist. The Ethereum price continues to trade in a narrow range. After a sell-off in April, Bitcoin price activity picks up in May. April has historically been one of the greatest months for Bitcoin. April 2022, on the...Read More
A well-known Crypto analyst and trader, Michael van de Poppe asserts that he is bullish on Cardano(ADA), Chainlink (LINK), and Near Protocol (NEAR) as they will see huge opportunities soon Michael van de Poppe informs his 589,000 Twitter followers that Cardano may attract some bearish cycle as Cardano hits bottom on a big support level....Read More
Highlights 800 Million XRP tokens move back to the escrow wallet until the 1st of June. Marketers pin hawkish sight as XRP price shows signs of a trend reversal from bearish to bullish. The cryptosphere’s lawsuit stricken digital asset XRP has been making it to the talks in the industry. Following the 800 Million XRP...Read More
Cardano holders with a supply of 10 million or more ADA have observed a rapid increase. Within the previous two weeks, the number of addresses in this cohort has increased by 12, implying that this group of investors has now added at least 120 million ADA to its holdings. Although the number of investors owning...Read More
The global cryptocurrency economy has shrunk by more than 2% in the last 24hrs as the cryptocurrencies bleed. Over the past few days, Bitcoin bulls were struggling to push the price above $40,000. But today, it looks like the bears are stronger than bulls as the flagship currency has bottomed at the $37,000 level. On...Read More
After a brief rebound on Thursday, crypto prices continued to swing on Friday, with both bitcoin and ethereum falling into the red. During the day, bitcoin fell below $40,000 for the second time, while ethereum continued its recent trend of trading below $3,000. Bitcoin (BTC), Ethereum (ETH), and VeChain (VET) are expected to have more...Read More
XRP has had a bad week, with a 13 percent drop in the last seven days. It has found support at $0.63 and now appears to be on the verge of entering a rally that might take it all the way to major resistance at $0.70, which served as support in early April. Because it...Read More
The cryptocurrency market has seen quite a few ups and downs in just a month and this crash was led by Bitcoin after the currency started its downward journey from the $45,000 range and hit a bottom at $38,000. This price movement affected altcoins as well and among these altcoins, the FTX token (FTT) too...Read More
