Solana Can Depreciate Further If It Doesn’t Breach Its Immediate Target
Solana had significantly recovered from the lows it touched in November and December. Currently, the SOL price is stuck below the $26 mark, which has caused the altcoin to lose further value. Over the last 24 hours, Solana fell by 0.7%, which…
Fetch.AI (FET) Soars 20% In Under 24 Hours As AI Arms Race Hastens
Fetch.AI (FET) has set new local and 2023 highs, reaching over 30 cents per FET in a swift 20% intraday move. While some profit-taking has kicked in, the “AI arms race” heating up is causing AI-adjacent cryptocurrency tokens to spike…
Polkadot (DOT) Gains 6% In One Day As Market Sees Correction
Polkadot is rising again after slowing down on its earlier rally in January. The token is trading at $6.97, representing an increase of 5.98% in 24 hours. The token’s price has been in this range since January 20, 2023, with small increments…
Ethereum Burning Reaches New High, Is ETH Warming Up For Another Rally?
While the global cryptocurrency market continues with its ubiquitous movement, Ethereum seems to be sneaking out to break a new record. The latest achievement Ethereum obtained is setting a new high in its burning-per-day mechanism. Per a recent…
Litecoin (LTC) Tallies Over 12% Increase In Last 7 Seven Days
Litecoin has seen an increase in its value in the past seven days amid the high anticipation surrounding its upcoming halving event. LTC has shown impressive price action since January. Although it’s down a little in the past 24 hours, its price…
Why The Shiba Inu Community Is Signing A Petition For Binance To List BONE
The Shiba Inu community, popularly recognized as the ShibArmy, is calling on Binance to list the BONE token on the crypto exchange. SHIB community recently introduced a petition on Change.org, a petition platform, to sensitize crypto enthusiasts to…
This Lesser Known Altcoin Blows Up 91% In The Last Week – Find Out Here
Graphic Processing Units, more commonly known as GPUs, are an essential part of a computer to perform complex tasks like gaming or video editing. With video content playing a big part in the modern society, rendering a simple video with using a…
Shiba Inu Whale Withdraws $60 Million In SHIB From Binance, Bullish?
Data shows a Shiba Inu whale has made several withdrawals from the crypto exchange Binance in the past day. Here’s what this may mean. Shiba Inu Whale Gradually Transferred Coins Out Of Binance Today As per data from the crypto transaction…
Polygon Beefs Up Layer 2 Position, Gets The Edge In NFT Transactions Vs. Ethereum
Polygon is a Layer 2 scaling solution built on top of Ethereum. This addresses the scalability problem of the Ethereum network. The project, however, is currently outperforming the network in NFT transactions. According to WuBlockchain, a crypto…
Ethereum Bearish Signal: Profit-Taking Hits Highest Level Since Feb 2021
On-chain data shows Ethereum profit-taking has spiked to high levels not seen since February 2021, a sign that could be bearish for the asset’s price. Ethereum Profit Taking Rises As ETH Continues To Rally As per data from the on-chain…
Cardano Price Faces Make-or-Break Moment, Can Djed Propel ADA?
The Cardano price is experiencing a strong year-to-date (YTD) increase of around 62%. Nevertheless, ADA is facing a crucial make-or-break moment in the 1-day chart, which could decide the long-term trend. At press time, the ADA price was at $0.40…
Polkadot’s DOT started a fresh increase from the $6.00 support against the US Dollar. It is consolidating gains and might start a fresh rally above $6.80. DOT is holding the ground above the $6.00 and $6.20 levels against the US dollar. The price…
Ethereum Price Looks Ready For Another Leg Higher Over $1,700
Ethereum is correcting gains from the $1,700 resistance against the US Dollar. ETH could again unless there is a downside break below the $1,600 support zone. Ethereum spiked above the $1,700 resistance zone before it corrected lower. The price is…
Bitcoin Price Just Saw Key Technical Correction, But 100 SMA Is Still Strong
Bitcoin price is correcting gains below the $24,000 zone. BTC is holding the $23,250 support and might attempt another increase in the near term. Bitcoin is correcting gains from the $24,250 resistance zone. The price is trading above $23,250 and…
The crypto industry has seen a lot of hype at the beginning of 2023, and the VeChain Foundation is trying to keep up. The sector is attracting attention around non-fungible tokens (NFTs), the Metaverse, Web3, and, more recently, artificial…
Twitter Scraps Free API Access, Crypto Developers Must Pay
From February 9, anyone who wishes to use the Twitter application programming interface (API) will have to pay. Twitter Scraps Free API Access In an announcement on February 2, Twitter, one of the world’s largest social media platforms, said they…
Binance Integrates Binance-Pegged BUSD On Optimism Network
Binance, a leading cryptocurrency exchange by client count and trading volumes, has integrated Binance-Pegged BUSD on the Ethereum layer-2 platform, the Optimism Network. Binance Integrates The Optimism Network In a press release on February 2…
SOL Surges Nearly 7% As Team Preaches A Better Future For Solana
After Solana’s unfortunate connection with the FTX crash last year, sending SOL below $10, the crypto asset has been thriving to rebound with the team’s help. The Solana co-founders, in a blog post published earlier this week, commented…
Bitcoin Short-Term Holder Profit Taking Reaches Levels Not Seen Since Nov. 2021
On-chain data shows the Bitcoin short-term holder profit-taking has reached high levels not seen since the November of 2021. Bitcoin Short-Term Holder SOPR Has Shot Up Recently As pointed out by an analyst in a CryptoQuant post, a near-term top…
Crypto Market Still Reeling As Bitcoin’s Break Above $24,000 Triggers Liquidations
On Wednesday, the crypto market received favorable news in form of the FOMC announcement and the price of Bitcoin eventually broke above $24,000. With the Fed turning dovish after being hawkish all through 2022, it has been a beacon for the crypto…
Shiba Inu’s Price Surge Is In Jeopardy Due To This SHIB Whale
The upcoming launch of Shibarium is raising high hopes in the Shiba Inu community that the SHIB price will rise due to an expanded use case beyond a meme coin. However, a known SHIB whale could derail the hoped-for price rally. As one of the…
AVAX Jumps 22% As Avalanche Records Another Win For Institutional Adoption
Avalanche (AVAX) seems to be reaping the benefits of recent partnerships its network sealed with Amazon and finance platform Intain. In fact, despite experiencing severe price drops together with the rest of the broader crypto market during the…
Coinbase Wallet Introduces “Transaction Preview” For Better Security
Coinbase Wallet, a non-custodial multi-currency wallet, is adding a new security feature, “Transaction Preview,” to give its community “greater peace of mind during dApp transactions.” Transaction Preview Feature The new…
BNB Price is Surging as The Gates To $400 Are Now Open
BNB price (Binance coin) found support near $300 against the US Dollar. BNB rallied above $320 and might aim more upsides towards the $400 level. Binance coin price started a steady increase from the $300 support against the US Dollar. The price is…
Ethereum Price Hits $1,700 and ETH Is Poised For More Upsides
Ethereum is up over 5% and trading above $1,650 against the US Dollar. ETH could rise further if it clears the $1,700 resistance zone. Ethereum gained pace and rallied above the $1,660 resistance zone. The price is now trading above $1,650 and the…
Bitcoin Price Rally Post Fed Rate Hike Could Gather Momentum, Here’s Why
Bitcoin price is rising and gaining pace above the $23,500 resistance. BTC climbed to a new yearly high after the fed increased rates by 25bps. Bitcoin is up over 3% and there was a clear move above the $23,800 resistance. The price is trading…
MATIC May Take The Crypto Market By Surprise, Here’s Why
MATIC made a 180-degree turn at the beginning of the year, following Bitcoin’s lead. The token, used to govern and secure the Polygon Network, had consolidated since mid-July, with some erratic price action recorded in November. At the time…
Are Nigerians Really Buying Bitcoin For As High As $34,000?
Over the last couple of weeks, reports have emerged that crypto users in Nigeria have been buying bitcoin (BTC) for a pretty hefty premium. On the surface, it may seem that these reports are accurate, but they are essentially wrong, and this report…
FED To Put Off Interest Rate Hikes, Bitcoin Rallies: Here’s Why
Bitcoin is shaking off sellers of January 30, price action on late February 1 shows. The FED Raises Interest Rates The spark in BTC demand is because of Federal Reserve (FED) Chair Jerome Powell’s comments on the general economy and the central…
Litecoin (LTC) recently saw an impressive 80% rally after the first ten days of November 2022. According to Santiment, a crypto analytics firm, this remarkable increase results from two key factors. Reasons Behind Litecoin’s Bullish Trend…
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