It’s been a week that the lead cryptocurrency, Bitcoin, is maintaining its price trend above $19,000 area and bulls are striving to regain its long lost $20,000 level. At the moment, Bitcoin is trading at $19,557 with a surge of 0.52% over the last 24hrs. The immediate hurdle lies at $19,600 while the support is...Read More
Binance has burned an extra 2.5B Terra Classic (LUNC) tokens in its third round of weekly off-chain burns despite the low trade volume that Binance had announced to implement a Terra classic (LUNC) burn mechanism to burn all trading fees for Terra Luna Classic (LUNC) tokens. In keeping with its commitment to the Terra community,...Read More
Last week the world’s first cryptocurrency, Bitcoin, was too close to losing $18,000 area due to an increased inflation data. However, the lead cryptocurrency has managed to open the week on a positive note. However, the global crypto market cap is still under $1 trillion. Currently, Bitcoin is trading at $19,510 after a surge of...Read More
The following trade appears to be extremely bearish for the Bitcoin(BTC) price, as the trade setup and on-chain fractals point to a massive drop for the token that is rapidly approaching. The bottom is formed 300 to 400 days after the cycle’s highs, according to the pattern followed by the asset since its inception. In...Read More
Bitcoin started attracting buyers after it began to float around the $18,000 price level. BTC quickly climbed the chart two weeks later. However, the coin’s technical outlook suggested that the bears hadn’t given up just yet. BTC may surpass the $20,000 price level if the bulls are able to maintain their momentum during the coming...Read More
The creator of BitMEX, Arthur Hayes, explains how he chooses the altcoins that he believes will perform best in the upcoming crypto cycle. In his recent interview with Real Vision, Hayes stated that he searches the market for initiatives that seem to have sufficient adoption and credibility to last over time. “I assume you have...Read More
As the Ripple vs SEC lawsuit is approaching its climax, the market sentiments have become more positive, which is in turn impacting the XRP price. Therefore, one can expect a notable upswing in the coming days as the short-term and long-term fractals display a bullish breakout fast approaching! Ripple (XRP) Price Analysis-Short Term Ripple has...Read More
The crypto market continually provides a glimmer of hope to participants, only to crash it brutally a while later. Just a day ago, the overall cryptocurrency market had turned green, but the bulls couldn’t hold on for long. Today, once again, the market opened on a bearish note. Currently, the global crypto market has dropped...Read More
The year 2022 demonstrated the diverse features of the crypto space as well as market participants such as short-term holders, long-term holders, whales, as well as strong and weak hands. While the strong hands continued to amass wealth, the weak hands continued to extract profit at every turn. At the beginning of the year 2022,...Read More
As investors become cautious ahead of Thursday’s release of the most recent US inflation statistics, Cardano, like Bitcoin, is at the head of the pack of cryptocurrencies that are decreasing in value. This morning’s crypto market plunged amid rumors that the US’s core inflation statistics may have increased. The US Federal Reserve is predicted to...Read More
The miner’s profitability could be harmed by the rising cost of mining blocks. Since the price of Bitcoin has been falling over the course of the year, from $46,000 to roughly $19,300, analysts estimated that the difficulty hike would reduce the miners’ profits by about 20%. Leading analytics company Glassnode issues a dire warning about...Read More
In a press statement on Tuesday, Bank of New York Mellon (BK), the oldest lender in the United States and the largest custodian bank in the world, announced the addition of cryptocurrencies to its custody services, as reported by The Wall Street Journal. BNY Mellon, is the oldest bank in the United States, with a...Read More
The crypto market is known for its volatility and market participants tend to trade and invest despite this, although they are continually engulfed with fear. To overcome this volatility issue, stablecoins were created, which aim to mirror traditional currencies with blockchain technology. Stablecoin derives its value from getting pegged against the dollar. The stablecoins such...Read More
Last week’s performance of Bitcoin (BTC) was quite impressive as Bitcoin finally succeeded in breaking beyond the $20,000 barrier. But the BTC began to decline as the weekend approached. As of the time of writing, BTC had fallen to $19k. Even if the market turns bearish during the next several days, it is anticipated that...Read More
According to former Goldman Sachs executive Raoul Pal, one competitor to Ethereum (ETH) is poised to overshadow the rest of the market. He predicts that during the next bull cycle Solana (SOL) will outperform major Altcoins. Pal: Decoding the Altcoin which may drive the bulls The analyst has pointed out that Solana (SOL) blockchain has...Read More
Bitcoin (BTC) worth millions of dollars is suddenly being purchased by a crypto whale.In early Q4, 2022, Bitcoin, like all the other major cryptocurrencies, failed to end its recession. Some whales, though, are certain that dips are for purchase and the statistics of an unusual address on the Bitcoin network were revealed by anonymous Bitcoin...Read More
The native coin of Ripple, XRP, has become the top gainer among the major cryptocurrencies. This positive change in investors’ perception of XRP, has contributed to this extraordinary increase despite the bearish market conditions. This encouraging investor interest is emerging from the conflicted US SEC v. Ripple lawsuit. The price of XRP has increased by...Read More
The Bitcoin market cycles display several unusual asymmetries. At the end of a bull market, investors tend to get overly optimistic, leading to a temporary parabolic price surge. When a bull market is nearing its end, rapid price growth poses a risk of bursting the speculative bubble, and it can be seen that the participants...Read More
Today, a $536 million BNB whale began behaving erratically and the wallet quickly began lending and borrowing tokens from several ecosystems, giving observers the impression that it had been hacked. The blockchain for BNB Chain was stopped because of “irregular activity.” However, the team has now said that. “All systems are now contained, and we...Read More
Yoo Mo, the head of general business operations of Terraform Labs, had an arrest warrant issued for him, but the Seoul Southern District Court judge in South Korea dropped it because it wasn’t necessary to keep him in custody. Do Kwon the terra co founder who is wanted by the interpol and more than 194...Read More
After experiencing a descending pattern for weeks, the world’s first cryptocurrency, Bitcoin price has found some relief as BTC reclaimed $20,000 level. The past couple of days have been favorable to most of the cryptocurrencies as they have seen some decent gains. The overall sentiment around Bitcoin appears to be positive where the market participants...Read More
Many people lost money when stablecoins LUNA and UST fell and traded close to zero, after which Terraform Labs and Kwon were blamed for the incident that swept billions from the market. In no time, the matter became a trending topic and it received a lot of attention in South Korea. According to a report...Read More
There are a lot of obstacles on the future road of the crypto space. Some prominent names consider the space a digital money bank, while some don’t even consider cryptocurrency money. Today, a court in South Korea has made it clear that any legal interest limit that applies to traditional money loans does not apply...Read More
The Cardano price has remained extremely bearish ever since it lost the crucial $1 mark. Moreover, the extreme market conditions compelled the price to remain drained below the $0.6 levels of the past couple of months. The bears also attempted to drag the price lower below the crucial resistance, but the asset managed to rebound...Read More
Bitcoin price is back within the range, displaying a lowered strength as its closest competitor, DXY Index is trading along the resistance. However, a minor relief may be expected in the coming days as the DXY Index may witness a slight pullback. This may uplift the BTC price beyond $20,200 but could end up being...Read More
The fluctuating price behavior of Bitcoin (BTC) continues to play havoc with traders’ and investors’ sentiments. Traders are still making predictions about what Bitcoin (BTC) will do in the upcoming month of October. According to a well-known crypto analyst, the fourth quarter of the year may see rallies in the cryptocurrency markets. The host of...Read More
The price of bitcoin (BTC) has been moving sideways for the second week in a row due to the persistence of two bearish caps and the lack of new lows being made by the price action itself. Is now the ideal moment to accumulate Bitcoin, nevertheless, given all the price drops? The historically ideal times...Read More
Even if Bitcoin ended September with a loss, previous good rallies in October may encourage bulls. Only twice since 2013 has BTC ended the month of October in the negative, according to data from coinglass: in 2014 and 2018. This makes a recovery in October more likely. Since last week, the price of BTC has...Read More
The Polkadot price has recently dropped significantly and has been trading below a previously established range for some time. The recent effort leading to the bottom reversal pattern is anticipated to result in a swift rally. The DOT price reached a high of $24.00 before beginning to decline progressively. & later fell dramatically to the...Read More
The long running Ripple vs SEC or the US Securities and Exchange Commission finally seems to find its end after SEC filed for summary judgment. The way the developments are happening around the XRP lawsuit are pointing towards Ripple win. Last week the United States federal district court rejected the Securities and Exchange Commission’s several...Read More
