On-chain data shows Polygon whales have continued to accumulate recently, adding a total of 55 million MATIC during the past month. Polygon Whales Have Added Another 55 Million MATIC To Their Holdings As pointed out by an analyst on Twitter…
South Korea Plans A Key Arrest Relating To Terra (LUNA) Crisis
The implosion of Terra (LUNA) was one of the devastating events in the crypto space last year. Investors lost most of their funds worth billions of dollars, and other crypto asset prices plunged drastically. Subsequently, South Korean prosecutors…
The Bitcoin bulls are back for good. The BTC price has risen by about 11% in the last 24 hours. At one point, Bitcoin reached a price of $24,789 and took a breather just before the August 15, 2022 high at $25,195. The rally is likely to have caught…
MATIC price started a fresh increase from the $1.12 support zone. Polygon bulls seem to be aiming more gains towards the $1.50 resistance zone. MATIC price started a fresh rally above the $1.25 resistance against the US dollar. The price is trading…
Ethereum Price Revisits $1,700, Why ETH Could Surge To $2,000
Ethereum price broke the key $1,600 resistance against the US Dollar. ETH could rally further if it clears the $1,700 resistance zone in the near term. Ethereum is up over 10% and cleared the $1,600 resistance. The price is now trading above $1,600…
Bitcoin Price Surges To $25K, Dips Turn Attractive In Medium-term
Bitcoin price surged over 10% and cleared the $24,000 resistance. BTC traded close to $25,000 and remains supported for more gains in the near term. Bitcoin is gaining pace above the $23,500 and $24,000 resistance levels. The price is trading above…
Floki Inu Soars 58.43% After Posting Elon Musk’s Tweet
Floki Inu, a popular meme cryptocurrency, surged 45% following a tweet posted by Elon Musk, CEO of Tesla, Twitter, and SpaceX, on Wednesday. Related Reading: Meme Coin Wars – Floki Inu Vs. Dogecoin And Shiba Inu – Who Wins? Meme tokens such as…
Data Shows Stablecoin War Heating Up Amid Regulatory Crackdown
The Securities Exchange Commission (SEC) continues to pursue its regulatory policy toward the crypto industry. In the process, the regulator contributed to the so-called stablecoin war, which intensified. Paxos’ decision to stop minting new…
Is The Biden Administration Behind Attack On Crypto?
The attack on crypto projects is sanctioned from the very top of the Biden administration, a source who didn’t want to be named has said. The Biden Administration Sanctioned The Attack On Crypto Talking to crypto podcaster Tony Edwards, host of…
Here Are 3 Factors That Could Drive Bitcoin Higher Than Ethereum
Bitcoin has been rallying over the past week on the back of a decline in inflation and an apparent improvement in macroeconomic conditions. According to a recent report, the cryptocurrency has been on an uptrend since the beginning of 2022 and…
Cardano (ADA) Leads Gains Among Top Coins, Rises 8% In One Day
The global cryptocurrency market cap gained 3.37% today, February 15, reaching above $1 trillion after being down for days. Cardano (ADA) has joined the top-gaining coins today, leading with over 8% gains after being in the red zone for two days. …
Ethereum Tightens Grip On $1,500 As ETH Drops 7% In The Last Week
The crypto market has been shaken to the core once again as major cryptocurrencies plummet to crucial support levels. Ethereum, the prized altcoin of the crypto industry, has recently gained nearly 7% in the daily time frame. This is the coin’s…
The UK Tax Reform Council, a non-profit organization, recently opposed the Bank of England’s move to create CBDCs. According to the council, this move will not profit the masses, as the government will get more rights over individuals’…
CRV Daily Volume Peaks To Over $1 Billion In Past 24 Hours
Curve Finance and the adoption of its native token CRV have seen some resistance in the past couple of months. Nevertheless, CRV daily volume is seen to have peaked above the $1 billion mark in the past 24 hours, equating to an increase of as much…
Quant Explains How Bitcoin Derivatives Data Can Be Used For Trading
A quant has explained how the data of the Bitcoin derivatives indicators like open interest and liquidations can be leveraged as a short-term trading tool. Bitcoin Derivatives Market Data As A Short-Term Trading Tool As explained by an analyst in a…
Fantom (FTM) Sees Intriguing Network Activity, Bears Or Bulls Winning?
Fantom (FTM) is currently one of the shooting stars alongside AI tokens on the crypto market. Since the beginning of the year, FTM has gained a whopping 164%. After trading at under $0.20 on January 1, Fantom was trading at $0.5181 as of press…
Matrixport Executive Thinks BUSD Crackdown Won’t Spread To All Stablecoins
Matrixport’s executives believe the regulatory enforcement on BUSD will not impact all stablecoins. Moreover, according to the executive, other issues surround the crackdown. The United States regulators are striking hard on some crypto…
Bitget (BGB) Soars 83% As Top 100 Cryptos Hemorrhage – Here’s Why
A number of crypto and trading platforms, despite the fact that 2022 was unquestionably a bear market, did an excellent job of demonstrating that the performance of exchange tokens is tightly related to the capability of the platforms they embody…
Cardano (ADA) Price Surges 10%, Why Rally Isn’t Over Yet
Cardano’s price started a fresh increase above the $0.37 resistance. ADA rise further if it clears the $0.392 resistance zone. ADA price is gaining bullish momentum above the $0.380 support against the US dollar. The price is trading above $0.380…
Ethereum Price Breaks Higher, Why The Bears Are Not Done Yet
Ethereum price is attempting an upside correction above $1,500 against the US Dollar. ETH could start another decline if there is no increase above $1,600. Ethereum is slowly moving higher above the $1,500 resistance. The price is now trading above…
Bitcoin Price Gearing For Lift-Off to $23K But This Level Is The Key
Bitcoin price is attempting an upside correction above the $22,000 resistance. BTC must clear $22,350 and $22,400 to continue higher in the near term. Bitcoin is slowly moving higher above the $21,800 and $22,000 levels. The price is trading above…
Forget The Moon: Bitcoin Could Target The “Cloud” At $40K
Bitcoin bulls are hoping the bottom is in and heads off onto another moon mission toward new all-time highs. But before it gets there, if the bottom is indeed in, the top cryptocurrency by market cap could target the top of the weekly BTCUSD…
Is Bitcoin Entering Into A New Bull Run? Pantera Capital Weighs In
After the recently released inflation data, Bitcoin has reacted positively to the upside. Market participants expected an inflation rate of 6.2%, but the US government reported an inflation rate of 6.4%. Pantera Capital looks at Bitcoin’s…
Ethereum Exchange Supply Has Fallen 37% Post Merge: Santiment
On-chain data from Santiment shows the Ethereum supply on exchanges has dropped by 37% since the Merge in September last year. Ethereum Supply On Exchanges Has Continued To Decline Recently As per the on-chain analytics firm Santiment, ETH…
Tron (TRX) Records Positive Moves While Major Cryptos Bleed
The past few days haven’t been encouraging for investors, given the price action of many digital assets, but TRON seems like the exception. Some of the top shots in the crypto list include Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), XRP, and…
Over the past week, the crypto market has seen a downturn that has dragged down the prices of most digital assets in the space. However, despite this decline in prices, investors seem to not be reacting either negatively or positively as sentiment…
Hedera (HBAR) Token Shines With 10% Weekly Gains When Market Suffers Downtrend
Hedera’s native token, HBAR, is currently in the green, while its counterparts in the crypto market are flat or recording losses on high timeframes. On-chain data shows the coin has been witnessing impressive performance this year. Now…
Here’s What’s Needed For The Bitcoin Rally To Resume
Here’s what the current Bitcoin rally might require for a resumption based on the trend that a similar rally back in April 2019 followed. Bitcoin Accumulation Trend Score Has Declined Recently As per the latest weekly report from Glassnode…
Blockchain Association Files Amicus Brief, Wants To Stem SEC’s ‘Regulation By Enforcement’ Trend
Blockchain Association, an organization that advocates for peer-to-peer technology that hands back power to creators and users, has filed an amicus brief in the ongoing SEC v. Wahi federal case. The SEC v. Wahi Case Posting on Twitter and updating…
Binance’s BUSD Reserves Steady At $13 Billion, Represents 18% Of All Assets
BUSD, a stablecoin issued by Paxos, a blockchain infrastructure platform in New York, is still one of the most dominant assets on Binance, the world’s largest cryptocurrency exchange by client count and trading volume. BUSD Remains Dominant…
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