MATIC Seen Breaking Present Support With Sustained Momentum
MATIC has shown rapid accumulation or increase in the supply since the final days of November. More so, there was also an increased demand seen in the derivatives market which could be the outcome of positive Binance Funding Rate on the MATIC/USDT…
Ethereum Price Key Trend is Forming and Swift Recovery Could Occur
Ethereum is attempting an upside break above the $1,230 resistance against the US Dollar. ETH could start a strong increase if it settles above the $1,230 and $1,250 resistance levels. Ethereum tested the $1,180 level and climbed higher sharply…
Bitcoin Price Shows Signs of Life and Could Soon Clear This Hurdle
Bitcoin price is attempting an upside break above $16,800. BTC could start a decent increase if it clears the $16,800 and $17,000 resistance levels. Bitcoin is still facing a strong resistance near $17,000 and $17,200. The price is trading above…
Ethereum Classic Hashrate Dumps Almost 50% In 3 Months, What About ETC?
Ethereum Classic saw its hashrate balloon when Ethereum finally moved to a proof of stake mechanism. The miners who were being kicked out of the network and could no longer use their machines had switched to others such as Ethereum Classic and…
Bitcoin Volatility Will Spike By End 2022, Which Way Will It Push BTC?
Bitcoin is stuck at its current levels, but the market might begin moving again before 2023 makes its entry. The key factors shaping global markets are changing, and cryptocurrencies are bound to follow the general trend into the new year. As of…
Bottom Signal: This Bitcoin Ratio Declines To Four-Year Low
On-chain data shows a Bitcoin ratio has hit the lowest value since February 2019, something that may suggest the bottom could be near for the current cycle. Bitcoin SOPR Ratio Hits Lows Not Seen Since 4 Years Ago As pointed out by an analyst in a…
Bitcoin Santa Claus Rally: How Often Does The Christmas Miracle Occur In Crypto?
With Christmas almost here, hopes for a Santa Claus rally in Bitcoin and the rest of crypto are fading fast. But what exactly is the phenomenon, and how often has the Christmas miracle occurred in the past? What’s A Santa Claus Rally? The…
Exchange Inflows, Outflows At A Stalemate As Bitcoin Refuses To Budge
Bitcoin is still struggling below $17,000 and centralized exchange inflows and inflows seem to be mirroring the trend of the digital asset. Over the last 24 hours, the net flows from exchanges have been seeing a near balance between inflows and…
Terra Luna Classic Up 6% On Rumor That Coinbase Is Buying LUNC
The collapse of Terra Luna and algorithmic stablecoin TerraUSD in May was one of the biggest setbacks for the broader crypto market this year. The previously thriving Terra ecosystem was completely wiped out in a matter of days, except for the…
On-chain data shows the Bitcoin MVRV Ratio Triple Ribbon is approaching a bearish cross, a sign that a correction could be coming soon for the crypto’s price. Bitcoin MVRV Ratio Triple Ribbon Is Close To Bearish Crossover As pointed out by an…
Tron Shows Bullish Energy And Attracts Investors To Buy TRX
TRON has been on an uptrend and looking bullish for the past 12 hours. The technical indicators all imply an increased demand on the asset and a steady streak. Here’s a quick glance of how the crypto has been performing of late: TRX price up…
Crypto Exchange Binance Dispels FUD Of A ‘Financial Black Box’
In addition to the macroeconomic headwinds, the Binance rumors and the uncertainty surrounding Grayscale/DCG are clouding the sentiment in the Bitcoin market. In a renewed attempt to dispel the “FUD,” Binance released a detailed report…
VeChain Jumps By 4% As VET Investors Look To Profit Before Christmas
VeChain has seen a price pump of 4% or currently trading at $0.0161 in the last 24 hours, triggered by the increase in VET demand, data from Coingecko shows. With this scenario, if the buying pressure persists, VET could sprint towards its…
Ripple is consolidating below the $0.35 resistance zone against the US Dollar. XRP price could extend its decline if there is no recovery wave above the $0.35 barrier. Ripple is currently consolidating below the $0.35 and $0.365 levels against the…
Ethereum Price Consolidates Below $1,250: What Could Trigger A Fresh Rally?
Ethereum is facing resistance above $1,250 against the US Dollar. ETH could gain bullish momentum if it clears the $1,230 and $1,250 resistance levels. Ethereum attempted a recovery wave and climbed above the $1,200 level. The price is now trading…
Bitcoin Price Recovery Could Soon Fade If BTC Fails To Surpass $17.2K
Bitcoin price is still struggling below $17,000. BTC remains at a risk of a fresh decline unless there is a clear move above the $17,200 resistance zone. Bitcoin is facing a strong resistance near $17,000 and $17,200. The price is trading above…
Bitcoin Retail Investors Now Hold 17% Of Total BTC Supply, But Is It Good News?
Bitcoin retail investor numbers are on the rise. These smaller investors have less purchasing power but with so many new entrants into the market following the 2020-2021 bull market, their collective purchasing power has grown alongside the total…
SAND Experiences Increased Selling, But Traders Should Short At This Level
SAND, the SandBox, has been free-falling since the month of August. The coin has registered a severe decline in demand, which has caused the crypto to lose further value. The asset has pierced through various support levels over the past few…
50% Of Bitcoin Holders At A Loss, Why This Number Is Positive For BTC
Bitcoin is back to its crab-like price action as macroeconomic forces fight with new developments in the crypto industry. The number one crypto by market cap has seen one of its bloodiest years, but it maintains a positive outlook for 2023. As of…
MicroStrategy Bought Bitcoin To Avoid Liquidation, Peter Schiff Reveals
Bitcoin detractor and economist Peter Schiff has taken another swipe at the digital asset and MicroStrategy, a public company that is heavily invested in the digital asset. Schiff has always been vocal about his disdain for bitcoin and has now…
Chainlink Turns Bearish As Price Dips To 8-Month Low
The Chainlink price has dropped to an eight-month low as the coin fell from the $6.30 price level. Since the Chainlink price has touched a multi-monthly low, the chances of the price turning around remain extremely likely. As Bitcoin slipped on its…
XRP Accumulation: Key Sharks And Whales Group Hits All-Time High Holdings
On-chain data shows a key XRP sharks and whales group has been accumulating recently, a sign that could be positive for the asset’s price. XRP Whales And Sharks With 1M-10M Tokens Now Hold All-Time High Supply As per data from the analytics…
Breaking: One Of The Largest P2P Crypto Exchanges Removes Ethereum Due To ‘Integrity’
Ray Youssef, CEO and co-founder of Paxful, has put his plan to remove Ethereum (ETH) from the exchange, which he revealed a week ago, into action today. The exchange is one of the largest peer-to-peer crypto trading platforms in the world, and…
Altcoin Indexes Take Beating As Investors Flip Alts For Bitcoin
Data shows the different Altcoin Indexes in the crypto market have taken a beating during the past week as investors have been flipping alts for Bitcoin. Bitcoin And Stablecoins Dominance Rises As Altcoins Struggle As per the latest weekly report…
Ethereum (ETH) Will Overtake Bitcoin, At Least Temporarily: Analysts Predict
While the bear market is still in full swing, several experts are currently discussing when the “flippening” will happen. Flippening is described as the scenario where another cryptocurrency overtakes Bitcoin (BTC) in terms of market…
No Santa For Cryptos This Year: Large Cap Coins Touch December Lows
As Bitcoin hits new lows at year-end, other large-cap altcoins have followed suit. There seems to be no love for crypto this year-end, as Santa has refused to show up. General Crypto Market Cap Plunges As it stands, crypto traders and investors…
Bitcoin Drops To Monthly Low As Year-End Approaches, More Impulsive Decline?
Bitcoin moved closer to the $17,000 level on Tuesday. The digital currency dropped to $16,400, its lowest level in the last three weeks. As year-end approaches, BTC could face high volatility and low liquidity. Bitcoin Hit A Brief Surge Bitcoin…
Cardano (ADA) Price Prediction: Downtrend Far From Over, $0.22 Still In Play
Cardano’s price started a fresh decline after it failed to surpass $0.32. ADA remains at a risk of more losses below $0.25 and $0.245 in the near term. ADA price is gaining bearish momentum below the $0.280 support against the US dollar. The price…
Ethereum Price Bearish Signal: ETH Below 100 SMA Could Trigger Downside
Ethereum is facing resistance above $1,220 against the US Dollar. ETH could start another decline if it fails to stay above $1,200 and the 100 hourly SMA. Ethereum started an upside correction above the $1,180 resistance zone. The price is now…
Bitcoin Price Signals Rejection and Poised To Start Another Decline
Bitcoin price is facing resistance near $17,000. BTC could start another decline unless there is a strong move above the $17,000 resistance zone. Bitcoin recovered higher above the $16,800 resistance zone. The price is trading above $16,800 and the…
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