The deep correction in the crypto market, led by the collapse of the Bitcoin price, has pushed the Shiba Inu (SHIB) price back into bearish territory. From a technical point of view, new bull moves are far away at the moment; before that, an…
What’s Behind The Recent Bitcoin Drop? Here’s What On-Chain Data Says
Bitcoin on-chain data hints that selling from the miners may have been behind the latest plunge in the asset’s price below the $28,000 mark. Bitcoin Miners Have Shown Signs Of Selling Recently As pointed out by an analyst in a CryptoQuant…
These Top 5 Cryptos Open The Week With Big Losses – Will They Drop Lower?
After weeks of gains, the crypto market finally succumbed to the bears. According to CoinMarketCap, the total market cap of cryptos is at $1.12 trillion, a measly 0.22% increase from yesterday. Since the start of the week, the metric has gone down…
Bitcoin Market Update: Is $27,000 The Local Bottom?
Bitcoin price has written a red candle in the 1-week chart for the first time after five consecutive weeks. As NewsBTC reported, the price is in a critical zone in the 1-day chart to maintain the long-term uptrend. Therefore, the next few days…
Loopring (LRC) Slides 20% In 5 Days Despite NFT Red Packet 2.0 Launch
Loopring (LRC) prices remain under pressure, dropping roughly 20% days after announcing the launch of non-fungible token (NFT) Red Packet 2.0. Loopring Announces Red Packet 2.0 Loopring, a layer-2 decentralized exchange using zkRollups on Ethereum…
ADA Price (Cardano) Close Below $0.38 Could Spark Larger Degree Correction
Cardano’s price started a fresh decline from the $0.460 resistance. ADA could decline further if there is a clear move below the $0.38 support. ADA price declined heavily from the $0.460 resistance against the US dollar. The price is trading below…
MATIC had been consolidating between $1.4 and $1.8 until it faced bearish pressure and declined. Over the last week, it depreciated nearly 16%, with a 6% dip on the daily chart. The technical outlook indicated bearish price action, with a drop in…
Ethereum Price Vulnerable To More Losses If It Stays Below $1,920
Ethereum price extended its decline below $1,920 against the US Dollar. ETH could continue to move down if it breaks the $1,820 support zone. Ethereum traded further lower below the $1,920 support. The price is trading below $1,920 and the…
Bitcoin Price Could Resume Increase But 100 SMA Is The Key
Bitcoin price is attempting a fresh increase from the $27,200 support. BTC must clear $28,000 to start a decent increase in the near term. Bitcoin extended its decline below the $28,000 support zone. The price is trading below $28,000 and the 100…
Avalanche Struggles Under $18 – More Losses Seem Likely
Over the last few days, Avalanche has experienced significant losses, plunging by almost 20%. On a weekly timeframe, AVAX has lost 10% of its market value. Although the daily timeframe indicates that AVAX has made a slight upward movement on its…
What’s Next For Ethereum Price As It Drops Below $2,000?
The price of Ethereum has fallen below $1,900, dropping from the $2,000 mark that was previously held by bulls. This has led to another sell-off and the bearish influence remains strong despite attempts at recovery. In the last 24 hours, Ethereum…
PepeCoin (PEPE) Rallies By 42% As Interest In Memecoins Rises
PepeCoin (PEPE), a newly launched memecoin, has been a focal point of investors’ interest in the last few days due to its massive market gains. In a crypto market that is generally bleeding red, PepeCoin, along with a host of other memecoins…
Shiba Inu Price Holds Above $0.00001 – Is It Time For A Rally?
Following its disappointing market dip last week, the price of Shiba Inu (SHIB) seems to be in recovery at the moment. In fact, some analysts are backing the meme-inspired token to embark on an impressive bullish run anytime from now. Over the past…
Solana (SOL) Plunges Over 13% – Will It Bounce Back?
Solana is facing its share of the bearish sentiment in the cryptocurrency market today. SOL has held above $20 since it jumped from $18 to $24 on January 14. However, the coin has seen a drop of 12.54% in price in the last seven days. Now…
Polkadot (DOT) Price Slumps Below $6 – Any Chances For Reversal?
The price of Polkadot (DOT) has been gradually moving south over the past few days. The price decline cuts across the entire crypto market, with strong signs of bears. The cumulative market cap has dropped by 2.58% to sit at $1.25 trillion in 24…
BONE Surges 8.3% As OKX Amasses 1.71 Million BONE Tokens In Single Day
While the crypto market appears to be in decline, Bone Shibaswap (BONE), the Shibaswap ecosystem’s governance token, has been on the rise. As of this writing, the price of Bone Shibaswap has ballooned to an impressive 8.3% in the past 24…
Celer Network (CELR) Soars 11% Amidst General Bearish Trend
Celer Network (CELR) is currently experiencing a market pump amidst a general crypto fall. In a week in which several assets have bled with significant losses, CELR has repaid investors’ confidence gaining 10.8% in the last seven days…
Bitcoin Price Analysis: Is A Retracement To $25,000 Likely?
Despite the relative performance of altcoins in 2023, Bitcoin has seen a significant 75% bullish rally since the beginning of the year. However, Bitcoin’s price has been unable to surpass the resistance level of $30,000 for a week, and this…
Ethereum (ETH) Drops 11%, Sheds All Gains From Shanghai Rally
Ethereum, the world’s second-largest cryptocurrency, has seen its recent rally come to a screeching halt as Ethereum (ETH) has erased all of its gains in the wake of the highly anticipated Shanghai upgrade. While many had high hopes for this…
China Is Fast Losing Money: Their Bitcoin Stash Just Fell By $388 Million
When Bitcoin prices fell from $31,000 to below $29,000, the total value of BTC held by China fell by over $388 million to around $5,4 billion. China’s Bitcoin Stash Fell By $388 Million Bitcoin is trading below $28,500 and looks likely to edge…
XRP Correction Continues: Elliott Waves Theory Predicts Wave 2 At $0.38
Since reaching its yearly high of $0.5842 on March 29th, XRP has experienced a significant price drop. The token has lost its bullish momentum and failed to breach higher levels, disappointing investors who were optimistic about the uptrend of one…
Time To Pay Attention: Bitcoin Reaches “Logical” Level
Bitcoin price is experiencing one of its more significant corrections since the trend began to change directions. According to the creator of the Bollinger Bands, it’s once again “time to pay attention” — this time because BTCUSD has pulled back
Tornado Cash Suffers 13% Bear Hit, Will Parole Save Price?
Tornado Cash token (TORN) is trading on a negative 13% in today’s trade session, canceling its previous day’s gains and rally, which saw the token rise close to the $12 mark. Coinmarketcap data reveals the token to be trading at $8.77…
Is The Final Shakeout Moment Coming For Bitcoin? Expert Weighs In
In January of this year, Bitcoin broke above its 200-day MA for the first time since the end of 2021. This was a significant milestone for the cryptocurrency, as it had not seen such a signal in over a year. This breakout was a clear indication of…
Shiba Inu Whales On Buying Spree, Add 311 Billion Tokens During Price Dip
Whales have resumed their Shiba Inu buying spree as the meme coin price declined alongside the global crypto market. According to the WhaleStats report, a top ETH whale picked up $3.22 million worth of SHIB tokens over the past 24 hours. The…
Zilliqa (ZIL) Price Soars As Network Unveils Impressive Performance
Amid the bearish trend that suppressed several coin prices, including Bitcoin, the Zilliqa token emerged among the gainers. Zilliqa secured first place among top-gaining coins in the bearish cryptocurrency market with a 9% uptrend over the past 24…
Casinos not on Gamstop: Find the Best Non-Gamstop UK Casino 2023
Many gambling sites are registered on Gamstop, but finding secure and reliable casinos not on Gamstop can be a little more challenging. If you’re at the point where you want to find reputable non-Gamstop casinos, then you’ve come to the…
Bitcoin At $25,000 Or $30,000? Crypto Analyst Weighs In
Bitcoin has experienced a hard couple of days after climbing above $30,000 last week. The coin reaching a new 9-month high triggered euphoria in the market. However, it has begun to wear off as Bitcoin has now returned to $28,000 once more. The…
On-chain data shows the Bitcoin exchange outflows have seen a significant spike during the past day, a sign that may be bullish for the price. Bitcoin Exchange Outflows Have Observed A Large Spike Today As pointed out by an analyst in a CryptoQuant…
Cardano (ADA) Outlook Looks Bullish Despite Recent Drop, Here’s Why
The crypto market-wide correction has also left its mark on the Cardano price. Nevertheless, ADA is holding up better than other altcoins. While Ethereum fell by 9.1% in the last seven days, Polygon (MATIC) by 11.1%, Cardano “only” fell…
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