Optimism (OP) Surges 17% As Coinbase Launches L2 On OP Stack
Earlier today, digital asset exchange Coinbase announced the launch of its Ethereum L2 (Layer 2) network called ‘Base’ on the Optimism OP stack. This latest news has sent the Optimism network native token OP up nearly 18% in the last 24 hours. …
Ankr (ANKR) Rallies 60% Following Partnership With Microsoft
DeFi token Ankr (ANKR) is one of the best-performing cryptocurrencies in the market presently, gaining 60% in two days. This impressive price rally occurred following an announcement of Ankr’s innovative partnership with American technology giant…
Filecoin (FIL) Continues To Shine With 45% Gains, Can It Test $10?
According to CoinMarketCap, the cumulative crypto market capitalization surged by 1.24% over the past 24 hours. Its current value sits at $1.11 trillion. Notably, Bitcoin and Ethereum show 24-hour price trends upward. While BTC gained 0.37% at…
Chainlink (LINK) Records 7% In The Last Day As Market Recovers
The crypto market is currently recovering from the February 22 price pullbacks, so, many cryptocurrencies are trading in green today. The top two coins, Bitcoin and Ethereum, gained 1.70% and 2.06% in the last 24 hours earlier today before a slight…
Bitcoin On-Chain Data Shows Why $24,700 Is A Major Resistance For BTC
This Bitcoin on-chain indicator may suggest why the $24,750 price level is an important resistance for the cryptocurrency. Bitcoin Adjusted Realized Price Is Currently Valued At Around $24,750 The relevant indicator here is the “realized…
Stablecoins Market Cap Continues To Slump – Here’s Why
Stablecoins are cryptocurrencies built to withstand the market’s volatility as it is backed by a specific asset. In the case of most stablecoins, the US dollar backs the cryptocurrency, pegging the coin’s value to one USD. Investors use stablecoins…
Crypto Assets Starting To Become “Overbought,” Santiment Says
Data from Santiment shows that crypto market assets have now started to enter into the “overbought” territory, but they aren’t yet in the danger zone. Crypto Assets Are Slightly Overbought Right Now, According To MVRV As per data…
Bitcoin Dips Below $24,000 Again As DXY Hits 7-Week High
The Bitcoin price has fallen back below the $24,000 level, while the US Dollar Index (DXY) has reached a seven-high. After BTC managed to defend the key support of $23,867 in the 1-day chart yesterday, the bulls now need to prove their strength…
This Little-Known Altcoin Shoots Up 180% In Single Week After Series Of Updates
The price of little-known altcoin Alchemy Pay (ACH) continues to defy expectations as it grows into one of the best-performing cryptocurrencies. ACH was trading at $0.0498 at the time of writing, an increase of 181% in the previous week, data from…
Crypto Fund, Arca, Doubles Down On These Two DeFi Protocols
Arca Investment bridged 450 ETH through Arbitrum and bought Radiant Capital and Dopex DeFi tokens on February 23. Arca Scoops Radiant Capital And Dopex DeFi Tokens According to data from Arbiscan, Arca bought 422,000 RDNT, native to Radiant…
‘Relist XRP’ Trends Again As Coinbase Changes Risk Disclosure, Rally Imminent?
Coinbase has stealthily changed its risk warning, once again fueling rumors that XRP will soon be back to trading on the largest U.S. crypto exchange. The modification comes amid the release of its earnings report on Tuesday and at a time when the…
In The Bear Bitcoin Run Of 2022, Smart Money Were Not “Smart”
In the crypto winter of 2022, Bitcoin whales were, after all, not as smart as expected, on-chain data on February 23 shows. Bitcoin Whales Were Not Smart In 2022 According to data from LookIntoBitcoin, whales didn’t enter bitcoin timely in 2022…
LINK Price Prediction: Chainlink Bulls Could Aim $10 or Higher
Chainlink’s LINK price is gaining momentum above $7.80. The price could rally further if there is a clear move above the $8.00 resistance zone. Chainlink token price is showing positive signs and rising from $7.30 against the US dollar. The price…
Ethereum Price is Showing Signs of Fresh Rally, But This Resistance Is The Key
Ethereum price started a fresh increase from $1,600 against the US Dollar. ETH is rising, but it must clear $1,720 to start a fresh rally in the near term. Ethereum is now rising from the key $1,600 support zone. The price is trading just above…
Bitcoin Price Reaches Inflection Zone and 100 SMA Is The Key
Bitcoin price tested the $23,600 zone and started a decent increase. BTC must clear the $24,500 resistance and the 100 hourly SMA to move into a positive zone. Bitcoin is slowly moving higher above the $24,000 resistance zone. The price is trading…
Bears Beware: Bitcoin “Trend” Strengthens To Pre-ATH Levels
Bitcoin price is at local resistance, brushing up against the death cross of the 50 and 200-day moving average, and is exhibiting other potentially bearish signals. However, bears should beware that while price has yet to do anything dramatic, the…
Binance To Destroy $2 Billion Idle BUSD On The BNB Smart Chain (BSC)
Binance, the world’s largest cryptocurrency exchange by trading volume, will “destroy” $2 billion BUSD which idle on the BNB Smart Chain (BSC), per a tweet on Feb. 22. Burning $2 Billion Of Idle BUSD On The BSC BUSD is a stablecoin issued by Paxos
This CBDC Act Will Prevent The US Government From Surveilling Citizens’ Finances
Tom Emmer, the House Majority Whip serving as the representative for Minnesota’s 6th congressional district for the last seven years, is introducing the Central Bank Digital Currency (CBDC) Anti-Surveillance State Act to prevent the…
Bitcoin Retreats To Key Support, BTC Bears Have A Fighting Chance?
Since last week, Bitcoin has lost the critical support that kept the price above $24,000. BTC bears may find their chance to delay what was supposed to be the “end of the bear market” and the taw of the crypto winter, according to…
DOT In Red Despite Polkadot Increase In Developer Activity
While the rest of the crypto asset blockchain has recorded few added developers, Polkadot has proved to be more vigorous. According to the market intelligence platform, Santiment, Polkadot has seen a surge in developer activity emerging as the…
Dogecoin Holders’ Profit Margin Remains High As Most Opt To Hold For Longer
Dogecoin, just like the broader market, has seen a slowdown in price in recent times. However, the meme coin remains one of the most profitable for investors given its high profitability. This could be related to the fact that the larger majority…
Bitcoin Rally Fueled By USD Coin (USDC) Rotating Into BTC: Santiment
On-chain data from Santiment suggests the latest Bitcoin rally may have been fueled by USD Coin (USDC) shifting into the cryptocurrency. USD Coin Shark And Whale Addresses Have Declined Recently According to data from the on-chain analytics firm…
LEO Token Posts Positive Moves When Majority Of Coins Land In The Red
The broader cryptocurrency market isn’t performing as expected today, with many assets recording massive price corrections. The LEO Token price is also down at $3.34 now. The token recorded a 0.4% price decline on Sunday, February 20, and a…
Bitcoin Layer-2 Stacks (STX) Resumes Rally With 15% In 24 Hours, Here’s Why
Besides Ankr (ANKR), which is seeing a massive price increase due to its partnerships with Microsoft and Tencent, the Bitcoin layer-2 network Stacks is currently the hottest topic on the altcoin market. STX is up a whopping 132% in the last seven…
Polkadot (DOT) Holds 15% Gains On Weekly Chart As Top Coins Plunge Heavily
The general crypto market is trading in the red today, which may be due to the FOMC minutes being released today. The anticipation has dulled investors’ interest bringing even the largest cryptocurrency, BTC, down by 2.38% in 24 hours. The minutes…
Small Cap Altcoins Still Crypto Market Kings, Massively Outperform Bitcoin
Small cap altcoins have continued to perform the best out of all the indexes recently, while Bitcoin has accumulated the least returns. All Altcoin Indexes Managed To Outperform Bitcoin Recently According to the latest weekly report from Arcane…
Real Vision CEO Predicts Growth For Top-Tier NFTs During Crypto Boom Cycles
Non-fungible tokens (NFTs) have now become a household name in the crypto space. Many individuals and businesses currently own and use NFTs to promote their businesses and as investment products. While the tokens majorly serve as proof of…
Bitcoin Dips Below $24,000, Bulls Need To Defend This Price Level
After Bitcoin failed to break through the key resistance at $25,200 over the past week, the price is currently on a downward slide. At press time, BTC broke through the $24,000 level to the downside and initially found support at $23,867. After a…
DOT Price (Polkadot) Prediction: Another Increase Possible If This Support Holds
Polkadot’s DOT started a fresh increase above the $6.50 resistance against the US Dollar. The price is now correcting gains, but dips might be limited below $6.80. DOT is correcting gains from the $7.85 resistance zone against the US dollar. The…
As Chainlink Adoption Grows, Will It Strengthen LINK Price?
Chainlink (LINK) is making all the right noises, boasting its nine new integrations on varied platforms including Solana, Polygon, and Ethereum. Apart from the serial adoptions across chains, LINK price is also seen to soar in the past week, but…
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