U.S. Economic Data Foils Bitcoin Bulls’ Rally Attempt To Retake $17,000
Bitcoin is retracing and might be at the end of the short-term bullish momentum; the macroeconomic data might have shifted once again against it. The cryptocurrency saw profits after weeks of trending to the downside, but the rally is losing…
Terra Classic Surges By 17%; Korean Prosecutors Seek Arrest of Co-Founder
With the implosion of the LUNA coin, the Terra ecosystem was devastatingly hit within a few days in May 2022. The successor, Luna Classic (LUNC), currently once again surged in price. LUNC briefly rose to $0.00019439, registering a 20% price…
Will Bitcoin (BTC) See A Christmas Rally? Here’s What To Watch
After the recent speech by US Federal Reserve chairman Jerome Powell, there was a price firework on the stock market, from which Bitcoin also benefited. As a result, the BTC price has climbed to over $17,000. At press time, Bitcoin was trading at…
Chainlink May Rise 25% This Week As Bulls Work To Reclaim Its Pre-Crash Value
The use of the native token of Chainlink is seeing a decent rise. Today alone, the price of LINK has increased by 2.0% in the last 24 hours, as measured by statistics from CoinGecko. Though not a big deal in terms of massive increases, it pumps up…
Tron Adds 1.75 Million New Addresses In Last 7 Days As TRX Regains Previous Losses
TRON (TRX) took a heavy hit during the first half of November following unfortunate events such as the implosion of FTX, an exchange that was once considered the third largest in the world. According to data provided by Coingecko, from its $0.064…
Huobi Token Breaches $7 Marker Following Update On This Planned Coin Unveiling
Huobi Token (HT), a cryptocurrency trading exchange asset with an overall valuation of $868 million, recorded a significant uptick in its price after an announcement made by Justin Sun, the founder of the Tron blokchain. According to data from…
Ethereum Price Holds Strong at $1,250: A Strengthening Case for Upside
Ethereum spiked above the $1,300 resistance zone against the US Dollar. ETH is correcting gains, but it remains supported near $1,250 and $1,230. Ethereum gained pace for a move above $1,300 before the bears appeared. The price is now trading above…
Bitcoin Price Starts Technical Correction, Here’s Key Support To Watch
Bitcoin price traded above the $17,000 resistance. BTC is correcting gains and might decline towards the $16,650 support zone in the near term. Bitcoin gained pace and cleared the $17,000 and $17,200 resistance levels. The price is trading above…
Bitcoin Hits $17,000, But Is It Too Early To Call The All Clear On The Bear Market?
Bitcoin is retracing its recent week losses, and it’s about to reclaim the support lost during the FTX debacle. The number one crypto by market capitalization is displaying some short-term strength as macroeconomic conditions continue to improve. …
Bitcoin Could Usher In December Near $18,000 If It Moves Past This Resistance
Bitcoin’s price increases have brought some sunshine to the cryptocurrency sector. Each of CoinGecko’s three timeframes—daily, weekly, and biweekly—showed BTC in a positive light. This is fantastic news for the cryptocurrency market as…
CAKE Not Looking Delectable For Investors Despite PancakeSwap’s Progress
As of late, PancakeSwap has been working with Hashflow to offer HFT payouts on its staking platform. The Tweet implies that this will make it possible for someone to utilize PancakeSwap to “farm” HFT tokens for profit. For a decision to…
Chainlink (LINK) Is About To Launch Staking – These Are The Next Target Zones
While Chainlink staking v0.1 will go live on the mainnet on December 6, the LINK price has shown a strong performance over the past week. At press time, LINK was trading at $7.58, and thus up 13.5% over the last week. Still, Chainlink has been…
US Institutional Investors Flocking Back To Bitcoin – Is The Bottom In?
The Bitcoin price has seen a minor rally after yesterday’s speech by US Federal Reserve chairman Jerome Powell. The price rose above $17,000, driven by the statement that smaller rate hikes are likely imminent and could begin in December…
ApeCoin Falls Below $4 Again As Its Treasury Sells Its Own Token Holdings
ApeCoin (APE) seems to be ignoring the push that the broader crypto market is making that enabled many cryptocurrencies record significant price increases during the previous 24 hours. In fact, the digital currency that currently ranks 35th in…
Polygon Surges 12%, Edging Bitcoin And Ethereum, In Last 24 Hours
Polygon (MATIC) posted the highest 24-hour gains today and surpassed Bitcoin and Ethereum in that department as the altcoin mounts a bounce back following the crashing effects of the FTX implosion. MATIC is nursing a 12% intraday increase The…
MATIC Price Prediction: Bulls Aim Fresh Rally To $1.12
MATIC price started a fresh increase from the $0.765 support zone. Polygon bulls are now aiming a fresh increase above the $1.00 resistance zone. MATIC price started a decent increase above the $0.90 resistance against the US dollar. The price is…
Ethereum Price Gearing For Lift-Off to $1,400, Key Support In Place
Ethereum gained pace above the $1,250 resistance zone against the US Dollar. ETH even spiked above $1,300 and is currently correcting gains. Ethereum remained well supported and even cleared the $1,280 resistance zone. The price is now trading…
Solana Price Attempts To Bounce Back But Will It Breach $15?
After a period of sluggish price action, the price of Solana has finally made a significant recovery on the chart. In the last week, the coin has surged over 9%. Although SOL might be moving up slowly, from a technical standpoint, the altcoin has…
Bitcoin Price Clears $17K, Why Dips Turn Attractive In Short-Term
Bitcoin price was able to clear the $17,000 resistance. BTC is consolidating gains and might remain supported above the $16,750 level. Bitcoin gained pace and cleared the $16,800 and $17,000 resistance levels. The price is trading above $16,800 and…
Litecoin Whale Withdraws $65.5M In LTC From Binance, Bullish Sign?
Data shows a Litecoin whale has withdrawn $65.5 million in LTC from the crypto exchange Binance, a sign that may prove to be bullish for the price of the coin. A Litecoin Whale Has Taken Out 835.8k LTC From Binance As per data from the crypto…
Where Is The Ethereum Price Headed Next After Clearing This Resistance
The Ethereum price has finally been able to break above the $1,233 resistance mark. Over the last 24 hours, the coin has registered substantial gains. With the price moving above the $1,233 resistance level, Ethereum price has pictured a positive…
Coinbase Drops XRP & Other Tokens, Cites Low Activity
As the FTX saga continues, all eyes are on crypto exchanges: Coinbase, Crypto.com, Binance and the like all have hefty sets of eyes on their next moves. There is plenty to be said for the state of crypto exchanges today, but Coinbase’s…
Bitcoin Bearish Signal: NVT Golden Cross Enters Sell Zone
On-chain data shows the Bitcoin NVT golden cross has now entered into the “sell” zone, something that could be bearish for the price of the crypto. Bitcoin NVT Golden Cross Surges, Now Has A Value Of 2.44 As pointed out by an analyst in…
Ethereum Whales Front Run A Major Price Move, On-Chain Data Suggests
The Ethereum price is up 4.3% in the last 24 hours, following the general market sentiment of the crypto market. In anticipation of today’s speech by US Federal Reserve chairman Jerome Powell at the Brookings Institution, crypto bulls seem to…
Bitcoin and other cryptocurrencies are feeling the effects of the negative trends occurring in the market. The crypto winter predicted to wind up in early November by some experts is still in full swing. Crypto critics like Warren Buffet still…
Binance Market Share Allegedly Hits 77%; Criticism Grows As Even Jack Dorsey Speaks Out
It is no secret that Binance benefits from FTX’s insolvency. After the second largest exchange in the world went belly up, other exchanges had to divide FTX’s market share among themselves. And that Binance is one of the biggest winners…
Litecoin (LTC) Continues To Impress With 25% Rally In Last Seven Days
Litecoin (LTC) continues to prove its doubters wrong as it weathers the ongoing crypto winter in an impressive way, painting its charts in green and posting significant price increases during the last few days. At the time of this writing, the 13th…
NEAR Strong Rebound Seen As Crypto Registers 8% Spike In Last 24 Hours
NEAR, the native token of the public proof-of-stake (PoS) blockchain Near Protocol, dumped more than 50% of its current monthly high of $3.42 that it achieved on November 6. It seemed like a recurring theme for the digital asset which, in the…
XRP Price Prediction: Smashing This Resistance Might Trigger Rally
Ripple is showing positive signs above the $0.365 support against the US Dollar. XRP price seems to be eyeing a fresh rally towards the $0.48 level. Ripple is slowly moving higher and trading above $0.35 against the US dollar. The price is now…
Solana Asset Volatility Balloons To 260% As ROI Nosedives – Here’s Why
The Solana ecosphere, unsurprisingly, is also suffering as a result of the current market contagion. SOL fell to its lowest performance in recent weeks. CoinGecko reports that its native token SOL has dropped in value by 58.3 percent over the…
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