Over 27 Million Shiba Inu Tokens Destroyed, Will The Price Fair?
The Shiba Inu community has been committed to controlling the total supply of SHIB in the market to prevent oversaturation and they have continued to burn large amounts of SHIB tokens. A recent burn saw over 27 million SHIB tokens burned in the…
Cardano Has To Trade Above This Level To Breach The $0.40 Mark
Cardano price has been gaining over the past couple of days. Over the last 24 hours, ADA rose about 0.3%. The coin has traded laterally in the past few sessions but maintained its bullish streak. In the last week, Cardano appreciated by close to…
Litecoin Surges 13% In Last 24 Hours, Flips Shiba Inu In Market Cap
Litecoin has flipped Shiba Inu in market cap today as the cryptocurrency has shown a strong performance of 13% gains during the last 24 hours. Litecoin Has Shown A Sharp Uptrend During The Past Day Most of the cryptocurrency market has struggled…
Tron (TRX), Huobi Token (HT) Plummet Nearly 10% In A Day, Here’s Why
While the global crypto market appears to have plummeted due to federal reserve chairman Jerome Powell’s recent announcement on the spike in interest rates, Tron blockchain native token (TRX) and Houbi exchange native token (HT) seem to have…
Arbitrum (ARB) Airdrop Is Around The Corner, How To Trade It
Today, March 23 at 1:00 pm EST, Arbitrum (ARB) will start trading on Binance. The launch of the airdrop is likely the biggest DeFi event since the Uniswap airdrop three years ago. Around 635,000 wallets qualified for the airdrop and could initially…
Team VESA attended the annual world leading AI and Blockchain AIBC conference this past week and the collaboration that was initially sparked in 2018 received its It was such a great moment to be awarded the NFT Artist of the Year award in front of…
Bitcoin Back Above $27,600 As US Banking Crisis Is Far From Over
Yesterday’s interest rate decision by the U.S. Federal Reserve (Fed) and the subsequent press conference by chairman Jerome Powell were met with a very bearish reaction from traditional financial markets, as well as Bitcoin and crypto. The…
AVAX Price Prediction: Avalanche Bulls Aim $20 or Higher
AVAX price is holding the key $16.00 support zone. The price might start a major increase if there is a clear move above the $17.80 resistance zone. AVAX price is showing a few positive signs above the $16 level against the US dollar. The price is…
SEC Hands Coinbase A ‘Wells Notice;’ Coinbase Rebukes
Flagship cryptocurrency exchange Coinbase has stood the test of time through bear and bull markets alike. Like it or not, Coinbase lives on a short list of exchanges that have been around for over a decade. This week, the exchange revealed that…
Ethereum Price Just Saw Key Technical Correction But Key Support Intact
Ethereum price started a downside correction from the $1,840 zone against the US Dollar. ETH is still holding the $1,700 support and might attempt a fresh increase. Ethereum reacted to the downside from the key $1,840 resistance zone. The price is…
Bitcoin Price Corrects But Uptrend Is Still Intact and BTC Could Rally Again
Bitcoin price started a downside correction from the $28,500 resistance zone. BTC found support near $26,600 and is currently attempting a fresh increase. Bitcoin is moving higher above the $27,000 resistance. The price is trading below $27,800 and…
Bitcoin Price Retests $27K Following Fed Rate Decision
Bitcoin price is at the time of this writing slightly above $27K per BTC, after losing $28K almost immediately following the Federal Reserves rate hike decision. The rate increase was less than originally anticipated, but cryptocurrencies and the…
Quant Points Out Curious Relationship Between USDT Inflows & Bitcoin Price
A quant has explained using on-chain data that an interesting relationship may exist between the USDT exchange inflows and Bitcoin price. USDT Derivative Exchange Inflows May Be Influencing Bitcoin Price As pointed out by an analyst in a…
Bitcoin Rally Driven By Record Open Interest In Derivatives Market
Bitcoin (BTC), the largest cryptocurrency in the market, had been trading within a narrow range of $27,800 and $28,300. However, it has now broken out of this range and is regaining strength, even as investors await the outcome of the Federal Open…
ALGO Token Scores 5% In A Day While Major Coins Turned Red
Algorand (ALGO) is breaking ground with an over 5% price increase in 24 hours. ALGO has claimed the second position among top-gaining coins today after Ripple’s XRP. Today’s rally comes after a 6.8% price gain recorded yesterday, March 21…
XRP Bulls in Control: What’s Driving The Recent Price Surge?
While Ripple is battling the SEC in court, the XRP token displays incredible performance with an over 20% price increase over the past 24 hours. XRP moved forward to grab the first position among the top-gaining cryptocurrencies. Aside from the…
Bitcoin Climbs Above $28,500, Fed Decision Will Fuel The Rally?
The Bitcoin price continues to record new yearly highs as the cryptocurrency goes on a bullish rampage. There is no resistance level capable of containing BTC bulls, while macroeconomic uncertainty and a banking crisis fuel the fire. As of this…
XRP, ADA Lead Market Rally With Double-Digit Gains, More Upside To Come?
There was a bit of an uptick in the crypto market causing Bitcoin to reclaim $28,000, but coins like XRP and ADA have taken it a step further by cornering the market with double-digit gains. Both coins have emerged as two of the best performers…
Will QE Drive Bitcoin And Crypto To New All-Time Highs? Fidelity Exec Is Cautious
In the Bitcoin and crypto community, there has been plenty of talk in recent days that the US Federal Reserve (Fed) has fired up its money printer again with the Bank Term Funding Program (BTFP) and swap lines for five other central banks around…
Bitcoin Whale Activity Reaches Highest Weekly Levels Of 2023
On-chain data shows the Bitcoin whales have continued to be active recently, with the last week being their 2023 week with the highest average activity. Bitcoin Whales Are Displaying Highest Activity In 16 Weeks As per data from the on-chain…
Bitcoin To $1 Million? Why Hyperinflation Is Unlikely In The US
Balaji Srinivasan, former CTO of Coinbase, grabbed a lot of attention last week with his bet that Bitcoin will reach $1 million within the next 90 days, and also received a lot of criticism for his “unrealistic” prediction. Saifedean…
XRP Price Prediction: 25% Surge Could Be Just Start of A Larger Trend
Ripple rallied above the $0.400 and $0.450 resistance levels against the US Dollar. XRP price is up over 25% and there could be more upsides in the near term. Ripple is gaining pace above the $0.450 resistance against the US dollar. The price is…
Ethereum Price Could Stage Strong Rally If It Closes Above This Resistance
Ethereum price is still holding gains above $1,750 against the US Dollar. ETH could start a major rally if there is a close above the $1,850 resistance zone. Ethereum is slowly moving higher towards the $1,840 resistance zone. The price is trading…
Bitcoin Price Looks Ready For Another Leg Higher Over $28.5K
Bitcoin price is attempting an upside break above the $28,500 resistance zone. BTC could rally if there is a close above the $28,500 resistance zone. Bitcoin is gaining pace above the $28,000 resistance. The price is trading above $27,500 and the…
The Rise of XRP: 5 Reasons Why It’s Bull Run Is Far From Over
The price of the sixth largest cryptocurrency in the market, XRP, has been on an uptrend since Monday, likely driven by Bitcoin’s price action and the overall bullish market trend. As a result, XRP’s market capitalization has also…
$1 Million For 1 Bitcoin Possible Says This Report, Here’s Why
Bitcoin continues its upward trend as the global banking sector faces a crisis; the cryptocurrency has seen its best performance year to date. The BTC price has been pushing up due to a strengthening in the narratives and could see further upside…
$28.7k Could Be Next Level To Break For Bitcoin, Here’s Why
On-chain data suggests the $28,700 mark, which Bitcoin has yet to hit since the LUNA collapse, could be the next major obstacle to clear for the asset. Bitcoin Has Been Under The $28,700 Level For 310 Days Now According to data from the on-chain…
FOMC Decision Will Push Bitcoin Up Or Down? The $30,000 Question
As the next Federal Open Market Committee (FOMC) meeting approaches on March 22, Bitcoin (BTC) trades at $28,000, just below its nearest resistance level. The cryptocurrency is consolidating at a critical zone, indicating the potential for…
This Bullish Bitcoin Technical Signal Suggests The Bottom Is In
Bitcoin price is currently trading at $28,000 only a week after retesting below $20,000 – potentially leaving that price range behind forever. The powerful, more than 30% one-week rally has brought the top cryptocurrency to a bullish technical…
Here’s What John Lennon’s Son Thinks About Bitcoin
Many people now see crypto, especially bitcoin, as an option to protect investors’ money during times of uncertainties in the traditional banking system. The recent banking crisis in the United States has made investors aware of the flaws in…
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