Bitcoin Cash Closes 2022 With A Year-Low – Will 2023 Be Better?
It is no surprise for Bitcoin Cash to perform this poorly when the entire crypto market fell deeper in the bear market due to various negative factors, including the much-publicized collapse of crypto exchange FTX. According to CoinGecko, the token…
Cardano Enters 2023 With A Bang, But ADA Still Bearish In The Short Term
Cardano (ADA) started 2023 with an upward trend that retested the $0.2522 resistance level but has since failed to gather any meaningful momentum to sustain the run. As of writing, Coingecko notes an increase of a measly 0.2%. This might be small…
SOL Jumps 15% In 24 Hours As Solana Receives Support From Ethereum Founder
Solana (SOL) has been completely engulfed in FUD since the FTX crash. This invariably resulted in the price of the token declining much faster than the rest of the market, and last week, SOL touched single-digit values for the first time in almost…
Polygon has been stuck in its current sideways movement since the later half of 2022. Since then, the ecosystem’s native token MATIC has not left its current support of $0.7550. This spot has left MATIC in a very delicate situation even as Polygon…
Bitcoin Taker Buy/Sell Ratio Can’t Give Any Clear Signals As Demand Remains Low
On-chain data shows the Bitcoin taker buy/sell ratio has been unable to give any real signal recently as the demand has remained low in the market. Bitcoin Taker Buy/Sell Ratio Hasn’t Been Able To Catch Any Momentum Recently As pointed out by…
Litecoin Surges 7% In Strong 2023 Start, Jumps To 12th On Market Cap List
Litecoin has kicked off 2023 to a bright start as the crypto has surged 7% in the last 24 hours and has climbed to 12th on the market cap list. Litecoin Starts 2023 On A Positive Note 2022 was a terrible year for the entire cryptocurrency sector as…
Billion-Dollar Hedge Fund Is Betting Against Bitcoin And Grayscale, Not Just USDT
The pressure continues to mount on Grayscale with its Bitcoin Trust (GBTC) and parent company Digital Currency Group. And as Ram Ahluwalia, CEO and co-founder of crypto-native investment advisor Lumida, pointed out in a recent thread, two new…
Avalanche Exits 2022 With 10% Decline – Will AVAX Recoup That Loss This Week?
Avalanche recorded a number of significant developments, which was encouraging for AVAX since it enhanced the network’s value. Before 2022 came to a close, the network revealed that it had partnered with Dua.com, a SocialFi that had picked…
XRP Price Suddenly Plummets By 12% – Here’s What’s Going On
The XRP price has experienced a harsh downward movement in the early morning hours of the Asian market (9 am in Tokyo). Within 45 minutes, the price dropped from $0.3394 to $0.2998, meaning that XRP experienced a drop of a whopping 12%. Remarkably…
Ethereum Price Faces Hurdles, Why ETH Is Vulnerable Below $1,250
Ethereum is trading in a range below $1,250 against the US Dollar. ETH could continue to move down below if it stays below the $1,220 resistance. Ethereum is still trading in a range below the $1,200 and $1,220 resistance levels. The price is now…
Bitcoin Price Consolidates In Key Range, What Could Trigger Next Move
Bitcoin price is still facing resistance below $17,000. BTC could decline heavily if there is a clear move below the $16,000 support zone. Bitcoin is still showing bearish signs below the $16,800 and $17,000 resistance levels. The price is trading…
A Crypto Holiday Special: Past, Present, And Future With Tony Spilotro
2022 is coming to an end, and our staff at NewsBTC decided to launch this Crypto Holiday Special to provide some perspective on the crypto industry. We will talk with multiple guests to understand this year’s highs and lows for crypto. In the…
Decentraland (MANA), the cryptocurrency launched in 2020 by Ariel Meilich and Esteban Ordano, failed to take advantage of some of the positive developments that happened within its ecosystem this year as it closes 2022 in a “beaten” state. Over the…
Solana Continues Its Freefall – Will The FUD Ever Stop?
Solana has been on a freefall since the collapse of FTX and has not been able to move upwards because of the FUD (fear, uncertainty and doubt) surrounding the ecosystem and its connections with the former crypto exchange. According to recent news…
A Crypto Holiday Special: Past, Present, And Future With Material Indicators
2022 is coming to an end, and our staff at NewsBTC decided to launch this Crypto Holiday Special to provide some perspective on the crypto industry. We will talk with multiple guests to understand this year’s highs and lows for crypto. In the…
Is Polkadot (DOT) A Must-Have For Your 2023 Portfolio?
The year 2023 is said to be huge for Polkadot (DOT) as it is one of the cryptocurrencies to watch out for. Many crypto experts are very optimistic about Polkadot, and they’re saying that traders should keep an eye on the coin because its…
Bitcoin Investor Sentiment Remains Steady As BTC Stalls At $16,000
Bitcoin investor sentiment has reached a standstill amid struggling prices in the market. While the digital asset continues to hold the $16,000 level, investors have backed off from the market, ensuring no significant movements either up or down…
Bitcoin Price Remains Stagnated, How Soon Can You Expect A Rebound?
It has been a rough year for Bitcoin and most major altcoins. Over the last 24 hours, Bitcoin lost 1% of its value, which points towards consolidated price action. BTC has not made much progress over the past week either, as the coin only lost 1.6%…
Polygon (MATIC) Depicts Further Downtrend, This Could Be The Next Support Level
The Polygon (MATIC) price has been on a downward spiral for the last couple of weeks. Over the last 24 hours, MATIC lost 4% of its value. The altcoin has also lost about 6% in the last week. Earlier in November, MATIC touched the $1.20 price mark…
Ethereum Finishes 2022 With ATH Correlation To Bitcoin, Despite The Merge
Data shows Ethereum’s year of high correlation with Bitcoin is coming to an end with the metric hitting ATH values. Ethereum Ends 2022 With All-Time High Correlation To Bitcoin According to the year-end report from Arcane Research, the global…
A Crypto Holiday Special: Past, Present, And Future With Ex-Binance CFO Wei Zhou
2022 is coming to an end, and our staff at NewsBTC decided to launch this Crypto Holiday Special to provide some perspective on the crypto industry. We will talk with multiple guests to understand this year’s highs and lows for crypto. In the…
Santiment: Bitcoin Will Trend Lower Because Whales Are Still Selling
The impact of bitcoin whales and their activities has always been felt in the general market. This goes from buying to selling, and just the way they move their coins. Once again, these whales still hold sway in the market and their activity could…
Most Public Crypto Firms Underperformed Bitcoin In 2022, Miners Hit Worst
Data shows almost all the big public crypto companies have underperformed Bitcoin this year, with the mining firms taking an especially hard hit. Most Public Mining Companies Saw Drawdowns Of 90% Or More In 2022 As per the year-end report from…
The year 2022 has not been kind to the NFT market and the crypto industry as a whole. However, Hedera’s partnership with LG Art Lab might somehow bring a new wave of enthusiasm for digital art. NFT Interest On The Rise Again? A recent interview…
These Are The Bitcoin Predictions For 2023 By Arcane Research
Historically, 2022 could end up being the second-worst year for Bitcoin since 2011. At the current price, BTC has a year-to-date (YTD) performance of -65%, topped only by 2018 when the price lost -73% in one year. As Arcane Research notes in its…
Dogecoin Price Tumbles Below Support, Why This Could Be Strong Bearish
Dogecoin extended its decline below the $0.070 support against the US Dollar. DOGE could continue to move down towards the $0.0620 support zone. DOGE gained pace and traded below the $0.072 support against the US dollar. The price is trading below…
Solana Prediction For 2023: SOL Is Not Dead Yet, Analyst Says
Solana is undoubtedly one of the biggest losers of 2022. With a price drop of 96.2% from its all-time high, investors had to cope with a harsh price correction. One of the main reasons for the crash can be seen in the insolvency of FTX. Since Sam…
Ethereum Price Signals Bearish Moves, Test of $1,100 Seems Possible
Ethereum is still showing bearish signs below the $1,200 zone against the US Dollar. ETH could continue to move down below the $1,180 support zone. Ethereum is attempting a minor upside correction towards the $1,200 barrier. The price is now…
Bitcoin Price Could End The Year Further Lower, Key Resistance Intact
Bitcoin price is struggling to clear the $17,000 resistance. BTC remains at a risk of more downsides below the $16,000 support zone before the year end. Bitcoin is showing bearish signs below the $17,000 and $17,200 resistance levels. The price is…
Chainlink Nears Crucial $6 Level As LINK Ushers In The New Year
Chainlink (LINK) has recently announced its new tie-up with Blueberry, which is set to automate and enhance the build and LP strategies of the network. With this collaboration, Blueberry is developed to provide incentives and network fees. LINK…
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