Bitcoin Mining Difficulty Hits All-Time High For The 4th Time In 2023: Here’s Why
Bitcoin mining difficulty continues to break records despite the struggles of BTC to surpass the $30,000 resistance mark. The leading coin has attracted the interest of miners in recent months due to the price recovery experienced since the turn of…
Chiliz Hot Streak Sees CHZ Notching 13% Rally Ahead Of Chain 2.0 Launch
Chiliz is shaking up the sports and entertainment industry with its innovative use of cutting-edge digital assets to elevate fan experiences. At the core of this revolutionary ecosystem lies CHZ, the native token that fuels popular platforms such…
In the fast-evolving world of decentralized finance (DeFi), new players are constantly emerging with innovative solutions to address the challenges of trading and liquidity provision. One platform that has been making waves in the DeFi ecosystem is…
Buckle Up! Bitcoin Bollinger Bands Signal An Impending Rollercoaster Ride
After weeks of going nowhere, Bitcoin price is gearing up for a massive move. Buckle up, because we are going to show you why, according to the Bollinger Bands, BTC is about to blow. Crypto Market Goes Calm After A Q1 2023 Comeback Bitcoin has…
DYDX Tumbles 5% As Ethereum-Based DEX Wind Down Operations
Ethereum-based decentralized finance (DeFi) protocol dYdX is closing operations in Canada. According to an official announcement, users in this country will be unable to open new accounts starting today, April 7th, at 17:00 UTC. As a result of the…
Bullish Signal? MATIC Becomes Top 3 Most Purchased Coin Among Ethereum Whales
MATIC has struggled in the market recently, even during times of recovery. The coin has been unable to clear the resistance at $1.2 in the last couple of weeks and this has seen it take a beating below $1.1 multiple times. However, times may be…
Cardano (ADA) Takes A Step Closer To Full Decentralization, Here’s How
The Liqwid liquidity market and liquid staking protocol, two large decentralized finance (DeFi) projects on Cardano, have recently announced major implications for the Cardano (ADA) ecosystem. They have announced integrating Charli3’s oracle price…
Bitcoin Korea Premium Index Turns Red, Decline Incoming?
Data shows the Bitcoin Korea Premium Index has taken a negative value recently, something that could lead to a drawdown in the asset’s price. Bitcoin Korea Premium Index Has Declined Into Negative Values Recently As pointed out by an analyst…
LDO Registers 7% Gains On Weekly Chart, More Gains Ahead?
While top cryptocurrencies are trading in the red zone, with most giving up their past week’s gains, Lido DAO (LDO) has held on to its gains. The token maintains an over 7% price increase on the weekly chart, reflecting its resilience against…
Bitcoin Loss Taking Spikes, Why This Could Be Bullish
On-chain data shows Bitcoin loss-taking transaction volume has spiked recently. Here’s why this could turn out to be bullish for the asset’s price. Bitcoin Loss-Taking Volume Has Been More Than The Profit-Taking One Recently According…
How Liquid Are Litecoin, Chainlink And XRP? Traders Need To See This Report
Operation Choke Point 2.0 has deprived the crypto industry in the United States of crucial fiat payment channels. As NewsBTC reported, the liquidity of the Bitcoin market is near historic lows, but what about altcoins such as Litecoin (LTC)…
Little-Known Crypto Beats Top 100 Rivals With 23% Rally On Good Friday
Injective Protocol’s native crypto, INJ, has been on an impressive winning streak over the past seven days, outshining every other cryptocurrency in the top 100. With an incredible surge of over 20% in just a week, INJ has caught the…
Bitcoin Price Poised To Hit $50,000, This Crypto Expert Predicts
Bitcoin price trajectory over the next few months is the subject of some bold predictions from top crypto analyst, Michaël van de Poppe. According to him, BTC is showing promising signs against the 200-week exponential moving average (EMA) and the…
ADA Records Sharp Decline Despite Cardano’s First Oracle Integration
While the rest of the crypto market might be in a bearish trend due to no significant catalyst to move it, Cardano (ADA) is currently recording a plummet, losing a few cents in the past 24 hours despite the blockchain’s first ever-Oracle…
Whale Adds 378.74 Billion Shiba Inu In 3 Days, Good Time To Buy The Dip?
While Shiba Inu continues to fail to break the key resistance level of $0.00001152 on the 1-day chart, one of the largest SHIB whales is taking the opportunity to buy the dip. As reported by crypto tracking service WhaleStats, the unknown grand…
XRP Price Prediction: Ripple Near Make-or-Break Levels, $0.5 Is The Key
Ripple started a downside correction below the $0.5350 level against the US Dollar. XRP price must stay above $0.50 and $0.482 to start a fresh increase in the near term. Ripple started a downside correction from the $0.5850 resistance against the…
Ethereum Price Hints At Potential Fresh Increase But 100 SMA Is The Key
Ethereum price corrected gains and traded below $1,880 against the US Dollar. ETH is holding the $1,850 support and might aim for a fresh increase. Ethereum started a downside correction from the $1,925 resistance zone. The price is trading above…
Bitcoin Price Extends Consolidation, Why Upsides Could be Contained
Bitcoin price started a consolidation phase below the $28,800 resistance. BTC is struggling and might face heavy selling interest above $28,500 and $28,800. Bitcoin is slowly moving lower and trading well below the $28,800 resistance zone. The…
Grayscale Discount Continues To Recover, Good News For Bitcoin?
The Grayscale Bitcoin Trust (GBTC), the largest Bitcoin trust in the world, saw a rocky end to the year 2022 after its sister company Genesis Trading filed for bankruptcy. However, it has seen a better start to the year 2023 as it continues to…
Solana’s New Innovation Paves The Way For Affordable NFTs
Solana, a highly scalable blockchain network, has been making waves in the crypto world as an “Ethereum-killer.” However, recent failures have put a dent in its reputation. Despite these setbacks, Solana has announced a major innovation with a new…
Woes For Bitcoin And Ethereum As Price Weakens, Which Direction Will Prevail?
The two largest cryptocurrencies by market capitalization, Bitcoin and Ethereum, are slowing down after weeks of trending to the upside. The market seems on the verge of a major move as prices consolidate and move sideways, but what can operate as…
Over the past few days, the Chainlink price gained momentum. At the time of writing, however, it encountered selling pressure. The coin lost 0.7% of its value in the last 24 hours, indicating consolidation on the chart and erasing most of its gains…
XRP, the digital currency associated with Ripple, started off strong on Wednesday with a promising gain of nearly 2%, holding steady above the safe $0.50 mark. However, early Thursday morning, XRP tumbled to $0.49 levels, signaling a choppy and…
Ethereum Shapella Upgrade Expected To Boost Liquid Staking Protocols
In decentralized finance (DeFi), Ethereum (ETH) liquid staking has become a significant market valued at over $15 billion. This market is set to see a significant boost with the upcoming Shapella upgrade, which is expected to unlock the entire…
LUNC: Unveiling The Terra Classic NFTs That Could Spark A Price Resurgence
Terra Classic is a community-run revival of the Terra Luna ecosystem that collapsed in a spectacular fashion in 2022. Since then, LUNC, the ecosystem’s native token, has been subjected to burns to reduce the supply and drive the price upwards…
BNB Remains Under Pressure As Regulators Crack Down On Binance
BNB, the native currency of the Binance ecosystem, remains under pressure as regulators continue questioning the exchange’s operations and compliance with local laws. BNB Falls 10% From March 2023 High After rising nearly 60% from December to…
Can Dogecoin Rally Further? Here’s What On-Chain-Data Says
The Dogecoin (DOGE) price experienced a whopping rally of over 35% at the beginning of the week after Twitter CEO Elon Musk replaced the Twitter logo with the Dogecoin mascot, a Shiba Inu. Initially without comment, the image changed until Musk…
ARB Plummets 5% As Arbitrum Presents Draft Of New Governance Proposal
After surviving a frightening weekend that saw its value plummet, ARB has begun another round of bearish trends following the Arbitrum Foundation’s latest presented governance proposal. This proposal focuses on the improvement of the Arbitrum…
Dogecoin Dominates Top 10 Crypto Roster With 20% Rally In Last 7 Days
Dogecoin had a wild week, reaching a high of $0.105 on April 3 after Elon Musk changed his Twitter logo to a Shiba Inu dog. The move caused a stir around the meme coin community, leading to a surge of over 30%. Although the price has fallen since…
Ethereum Stretches Gains Versus Bitcoin, Adds 10% Ahead Of Shanghai
Trading at around $1,900, Ethereum is one of the top-performing cryptocurrencies, only trailing Dogecoin, CoinMarketCap data on April 6 shows. Ethereum Outperforming Bitcoin When writing, Ethereum is also relatively firm against Bitcoin. While…
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