Buy Signal? Bitcoin Investor Sentiment Falls To Lowest Level In Two Months
Bitcoin and the broader crypto market took a hit over the last day, leading to bitcoin falling below $20,000 for the first time in two months. This decline was followed by a tremendous plunge in investor sentiment. The sharp decline saw sentiment…
BNB Price Grinds Lower, Here’s Next Bearish Target Traders Should Watch
BNB price (Binance coin) is moving lower below $290 against the US Dollar. It could continue to move down if there is a drop below $270. Binance coin price is showing bearish signs below the $300 level against the US Dollar. The price is now…
Ethereum Price Nosedives and Signals A Larger Degree Decline
Ethereum price is down over 8% and trading below $1,450 against the US Dollar. ETH remains at risk of a larger decline towards $1,350 in the near term. Ethereum started a major decline from the $1,565 resistance zone. The price is trading below…
Cardano Sheds 23% In Value As ADA Woes Pile Up – Here’s Why
Cardano has found itself on rough terrain anew in the past few weeks, and barely able to hit its target, thus giving proponents and investors in the crypto some headaches. As a result of recent profit taking by intermediate-term investors, its…
Bitcoin Price Crashes To 20K, Why Upsides Turned Attractive To Sellers
Bitcoin price declined over 8% and tested the $20,000 support. BTC might correct higher, but upsides might be limited above the $21,200 zone. Bitcoin down over 8% and there was a spike below the $20,000 support. The price is trading below $21,000…
Bitcoin Retests $20,000 In Violent Selloff: Will The Key Support Hold?
Today, Bitcoin price lost over 6% of its value in mere hours as the top cryptocurrency by market retested the key level of $20,000 per coin. Why is this level especially critical? And more importantly, will this symbolistic line in the sand drawn…
Cardano Might Turn Around If It Moves Above These Two Levels
Cardano’s price remained bearish at the time of writing. The altcoin has been on a downtrend for quite some time now. Over the last 24 hours, ADA fell by 3%, and in the past week, it depreciated in double digits. The 11% decline on the weekly…
KAVA Token Ignores Market Downtrends With Over 10% Daily Gains
Amid the bearish crypto market, the KAVA token emerged as the top daily gainer with a 10.29% over the past 24 hours. The crypto market is currently dancing to tunes played by the bears as depressing sentiments push coin prices toward bottoms. But…
This Hedera Network Service Is Under Attack, TVL Drops by 65%
The Hedera Network services are experiencing a critical moment with an ongoing exploit that compromises the network’s tokens after discovering irregularities affecting various Hedera dApps, Liquidity Pool (LP) tokens, wrapped tokens, and…
Cardano (ADA) Down By 11% Despite Entry Into The Sandbox
The last few weeks of the crypto market have been marked by steady losses, with most assets experiencing a decline in value. ADA, the native token of the Cardano blockchain and the 7th biggest cryptocurrency, has been one of those tokens suffering…
Altcoins At Underbought Levels Not Seen Since Early January: Santiment
On-chain data from Santiment shows altcoins are currently the most underbought that they have been since early January. Altcoins Are Currently Underbought According To MVRV As per data from the on-chain analytics firm Santiment, altcoins are…
Toncoin (TON) Sees Positive Moves While Top Coins Land In Red
With the bears controlling the crypto market, many coin prices have gone south, trading at values far below their previous weeks’ prices. The downtrend could be due to increased bearish sentiments and fear among investors in the market…
Bitcoin Miner Reserve Plunges, Bearish Sign For Price?
On-chain data shows the Bitcoin miner reserve has observed a decline recently, a sign that may be bearish for the price of the cryptocurrency. Bitcoin Miner Reserve Has Been Going Down In Recent Days As pointed out by an analyst in a CryptoQuant…
Bitcoin Dealt Another Round Of Blows, Is The Bear Market Back?
In another shocking twist that has dealt a severe blow to the price of bitcoin, crypto-friendly bank Silvergate announced that it would be winding down operations as the contagion from the FTX collapse spreads. Naturally, this led to a swift…
Lido (LDO) Plummets Over 20% In Past Week, Here’s Why
Putting the global crypto market’s ubiquitous downward trend aside, Lido Finance (LDO) token has been moving in a bearish direction over the past week. While the universal bearish trend could have contributed to LDO’s downward trend in the…
Ripple is moving higher above the $0.3850 resistance zone against the US Dollar. XRP price now eyes a clear move above the $0.400 resistance zone. Ripple is currently moving higher from the $0.3700 zone against the US dollar. The price is now…
Why This Crypto Bill Advancing In Illinois is Worrying For DeFi, NFTs, Gaming, and Blockchain
A bill, HB3479, sponsored by Representative Mark L. Walker, has advanced in Illinois and should be a concern for what the proposal lays out for crypto, blockchain, and decentralized finance (DeFi). The Bill In Illinois On March 8, the bill was…
Ethereum Price is Plunging, But It’s Too Early to Say Bulls Have Given Up
Ethereum price is moving lower below $1,600 against the US Dollar. ETH must stay above the $1,500 support zone to start a recovery wave. Ethereum is eyeing an upside break above the $1,560 and $1,580 resistance levels. The price is trading below…
Crypto Based Derivatives Trading Soars In CME – A Sign Of Sentiment Revival?
The year 2022 has been an extremely hard period for investors and traders who wanted to join the crypto bandwagon. Last year saw high profile crypto companies collapsing completely, sending waves across the market and wiping off billions of dollars…
Stacks (STX) Down 36%, Leads Losers In Top 100 Crypto Roster After Weeks Of Rally
Stacks (STX) is now painted in red following weeks of impressive performance, outranking other cryptocurrencies in the top 100 list of crypto market trackers CoinMarketCap and Coingecko. At the time of writing, STX was trading at $0.6589, down…
Bitcoin Price Bears Keep Pushing, Why Drop To $20K Is Still Possible
Bitcoin price broke the key $22,000 support zone. BTC is showing bearish signs and might decline further towards $20,500 or even $20,000 in the near term. Bitcoin is gaining bearish momentum below the $22,000 support zone. The price is trading…
Why The Crypto Market Cycle Could Be In “Disbelief” Phase
All markets are cyclical, but few show such recurring cyclical performance like the crypto market. Bitcoin, for example, rallies every four years like clockwork revolving around the halving event — an event which slashes the new flow of supply in…
Silvergate Bites The Dust, Down 35% As Crypto-Friendly Bank Ceases Operations
Silvergate Capital Corporation, the holding company for crypto-friendly Silvergate Bank, announced on Wednesday its decision to cease operations and voluntarily liquidate its bank. Shares of Silvergate (SI) have taken a significant hit, trading…
MATIC Price Crashes Again, How Soon Can We Expect A Rebound?
At the time of writing, the price of MATIC is falling. The altcoin had secured considerable gains in February, most of which were reversed due to its depreciation. Over the last 24 hours, the coin fell by 3%, and MATIC dipped by almost 9% in the…
MakerDAO Is Raking Big Money, But Why Is It Under Fire?
MakerDAO, one of the first and largest DeFi protocols on Ethereum, is raking in millions of dollars. Even as it remains successful, the decentralized money market is under immense pressure from its community. MakerDAO Makes $2.1 Million On March 8…
XRP Outperforms The Market As It Roses By 5%, Breakout Imminent?
XRP has outperformed all major cryptocurrencies on the market after a tumultuous week. The token has risen more than 5% since Monday, breaking its downtrend since late February from above $0.4137. XRP is trading at $0.3963, making it the only…
Bitcoin Miners Appear Not To Sell Or Care About Price, Is This Bullish?
Data from CryptoQuant suggests that Bitcoin miners might, after all, not care about price and all the fear, uncertainty, and doubt (FUD) in recent days. Bitcoin Miners Are Not Selling According to CryptoQuant’s Miners’ Position Index…
Cardano Investors Suffer As Vast Majority Of ADA Holders Nurse Losses
With the crypto market down, Cardano investors have been subject to disappointing performances from its native cryptocurrency ADA. These holders are among the worst hit in the industry, recording the world profitability margin out of the largest…
Bitcoin MVRV Approaches Crucial Retest, Here’s What Can Happen Next
On-chain data shows Bitcoin MVRV is approaching a crucial retest currently. Here’s what a successful liftoff could mean for the crypto’s price. Bitcoin MVRV Ratio Is Nearing Its 100-Day EMA Line As pointed out by an analyst in a…
Polygon (MATIC) At Risk Of Dropping To $1 Despite Mercedes Benz Deepening Partnership
The Polygon (MATIC) price has come under heavy pressure in the last two weeks after showing an extremely bullish performance until mid-February. However, the sentiment in the broader crypto market, a supposed downtime of the Polygon blockchain and…
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