Cardano Stablecoin Unveiling Is Just Around The Corner – Will This Boost ADA Price?
You can call it Djed, but the game is stablecoin. According to reports, Cardano’s stablecoin, Djed, will be released on the Cardano mainnet in the first month of 2023. They call this type of stablecoin “algorithmic,” which means…
Bitcoin (BTC) Reclaims $16,500 But Not In Safe Zone; Here Is Why
BTC’s price shows strength as price bounces off from a weekly low of $15,500 to trend higher, giving bulls some relief. BTC’s price continues to look strong as bearish sentiment for the market lingers, with things looking uncertain for…
BNB Price Prediction: Indicators Suggest Strong Case For Rally To $320
BNB price (Binance coin) found support near $250 against the US Dollar. BNB is rising and might gain pace if it clears the $300 resistance zone. Binance coin price started a recovery wave from the $250 support against the US Dollar. The price is…
Ethereum Price Scores Bullish Moves, Can ETH Sustain This Recovery?
Ethereum found support near $1,070 and recovered above $1,150 against the US Dollar. ETH could rise further, but upsides might face hurdles near $1,200 and $1,230. Ethereum started an upside correction from the $1,070 and $1,080 support levels. The…
Bitcoin Price Recovery Remains Capped, Why 100 SMA Is The Key
Bitcoin price started an upside correction from $15,500. BTC is now facing a strong resistance near the $16,300 zone and the 100 hourly SMA. Bitcoin found support near $15,500 and started an upside correction. The price is trading below $16,300 and…
Polygon Poised For A Major Advance Next Year If MATIC Stays On This Course
Even as the FTX-induced downward market continues, Polygon (MATIC) is closely following in the footsteps of its older relative ETH. Despite the bears’ dominance this year, many in the cryptocurrency industry see 2023 as the final chapter…
Quant (QNT) Struggles Above Key Support Of $100; Here Are Levels To Watch
QNT’s price continues to hold strong as the bull refuses to give in to the FTX fiasco as price trends are above $100. QNT’s price continues to look weak as bearish market sentiments increase, with things looking uncertain for most…
Bitcoin At $1M By 2030: Why Cathie Wood Remains Confident In Bold Bet
Following news that Ark Invest has made investments into Grayscale’s heavily discounted Bitcoin fund, CEO Cathie Wood is doubling down on a bold bet that the top cryptocurrency will reach $1M per coin by 2030. Is such a lofty price prediction…
Binance Coin Loses $270 Support As Bears Eye $200; Will Bears Push Harder?
BNB’s price continues to hold strong as the bull refuses to give in to the FTX fiasco as price trends are above $260. BNB’s price continues to look weak as bearish market sentiments increase, with things looking uncertain for most…
Ethereum Bullish Signal: Whales Add $1B More To Their Holdings
On-chain data shows Ethereum whales have added $1 billion more to their holdings recently, something that could be bullish for the crypto’s price. Ethereum Whales Now Hold 947,940 ETH More In Their Wallets As per data from the analytics firm…
Crypto Market Loses $60B In Two Days As Bitcoin Price Plunges
The past few days in the Bitcoin and crypto market have had a forceful impact from the bears. The prices of most of the crypto assets have been tolling to the south beyond expectation. In addition, the entire market is experiencing a decline due to…
The Open Network has enjoyed massive media recognition in the last few weeks, resulting in impressive gains. The blockchain’s native token, TON, is currently among the top cryptos leading the market in weekly gains. As of the time of writing…
Bitcoin “Diamond Hands” Have Dumped 84.5k BTC Since FTX Collapse
Data shows the so-called Bitcoin “diamond hands” have shed 84.5k BTC from their holdings since the collapse of crypto exchange FTX. Bitcoin Long-Term Holder Supply Has Sharply Declined Recently According to the latest weekly report from…
What Exchange Absorbed FTX’s Trading Volume? Report Answers
In the wake of the FTX collapse, formerly the second-largest exchange in the world, its competitors are taking over its trading volume and market share. The nascent sector is still suffering the consequences of recent events; many crypto companies…
Latest Findings Show Bitcoin Holders Under Fire As Price Continues To Sink
The situation in the Bitcoin and crypto market has continued to follow a downward trend. Prices of most crypto assets are maintaining a southward movement over the past weeks. The collapse of FTX is still spinning the wheels negatively as the…
Litecoin (LTC) Defends $60 As Altcoins Suffer; Here Are Levels To Watch
LTC’s price continues to hold strong as the bull refuses to give in to the FTX fiasco as price trends are above $60. LTC’s price continues to look strong despite bearish market sentiments, as things look uncertain for most traders…
FTX Contagion Creates Fear Among Whales And Old Hands, On-Chain-Data Reveals
While the contagion effects of FTX’s collapse still cannot be fully assessed, Bitcoin whales and OGs seem to be playing it safe. Most notably, the insolvency fate of Genesis Trading, DCG and Grayscale is hovering over the Bitcoin market like…
World Cup 2022: Chiliz Slides 15% As Sports Spectacle Unfurls – Can CHZ Make A Goal?
The World Cup just kicked off and the native token of the sports-themed cryptocurrency ecosystem, Chiliz, has dropped 15% in value over the past 24 hours. This is not the kind of news traders and investors want to read about. The long-awaited World…
Ethereum (ETH) Bulls And Bears Tussle At $1,000; Will Bears Come Top?
ETH’s price lost its demand zone of $1,200 as the price struggled to hold above $1,000. ETH’s price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors. …
These Bitcoin Metrics Signal A Capitulation Event Is Near
Several metrics currently suggest that the Bitcoin price is finally finding its bottom after another capitulation event, possibly triggered by the Genesis/ DCG/ Grayscale saga. This final miner capitulation may be imminent as miners are selling…
XRP Price Holds Ground While BTC and ETH Slide, Here’s Breakout Zone
Ripple failed to clear $0.40 and corrected lower against the US Dollar. XRP price could start a decent increase if it stays above the $0.345 support zone. Ripple started a fresh decline from the $0.40 resistance zone against the US dollar. The…
Ethereum Price Plunges, Why ETH Could Soon Dive Below $1,000
Ethereum traded below the $1,150 support against the US Dollar. ETH is gaining bearish momentum and might dive below the $1,000 support zone. Ethereum remained in a bearish zone below the $1,150 and $1,120 support levels. The price is now trading…
Chainlink Rally In Social Activity Hits ATH Of 44,173 – Will LINK Price Climb As Well?
There has been an expected uptick in the Chainlink protocol’s optimism recently. This is due to the fact that the BUILD program is a part of Chainlink’s next protocol upgrade, Chainlink Economics 2.0. The initial 10 BUILD program…
Bitcoin price extended losses and retested the $15,800 support. BTC could continue to move down towards the $15,000 and $14,000 levels. Bitcoin started a fresh decline below the $16,000 and $15,800 levels. The price is trading below $16,400 and the…
Solana (SOL) Struggles As Single-digit Price Knocks; Will Bulls Buy Below $10?
SOL’s price lost its demand zone of $20 as the price struggled to hold above $10. SOL’s price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors. SOL’s…
Ethereum has been seeing some significant downside coming out of the weekend. This was triggered by the FTX hacker, who currently holds hundreds of thousands of ETH, dumping some of those coins for Bitcoin over the weekend. After dumping around…
Polygon Faces Decision Time As Price Sits On Key Support; Will $0.7 Hold Sell-off?
MATIC’s price lost its demand zone as the price struggled to hold above $0.7. MATIC’s price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors. MATIC’s…
XRP Holds Gains While Crypto Market Plummets Badly
XRP, the native token of the Ripple ecosystem, continues to hold gains despite the market downturn. The token saw an inter-week surge of up to 14.2% from $0.345 to $0.394. While it has dropped from that high, it still holds up to 2.08%. However, it…
Why The Bitcoin Price Has A High Chance Of Resting At $16,000
The Bitcoin price is trending to the downside and seems on track to retest its yearly lows at $15,550. The nascent asset class is facing the fallout of the FTX’s collapse. Once the world’s second-largest crypto trading platform, the…
Bitcoin Holders Selling At Large Losses, Is Final Capitulation Here?
On-chain data shows Bitcoin holders have been selling at large losses on the level of previous bottoms, suggesting that the final capitulation for the cycle may be here. Bitcoin 7-Day MA aSOPR Has Sharply Gone Down Recently As pointed out by an…
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