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Biggest Movers: MATIC Extends Bull Run, SHIB Falls for 5th Straight Day
28.8.2023
Polygon climbed higher for a third straight session on Monday, as the token continued to move away from a recent support point. After a mostly bearish weekend, crypto markets eased back into the green to start the week. Shiba inu was a notable exception, as it extended a recent downtrend. Polygon...
Amid Gold’s Recent Slide, Experts Predict a Shining Future with Potential Highs Beyond $2,500 by 2024
13.8.2023
In recent times, gold and silver have faced a downtrend, with gold losing over 2% of its value in the past month and silver tumbling more than 5% against the U.S. dollar. Even amid gold’s rather uninspiring performance this last month, David Neuhauser, the founder of the investment company...
Ordinals Reach 20 Million Milestone, But Bitcoin-Based NFT Sales Slide
30.7.2023
This week marked a milestone as the number of Ordinal inscriptions minted on the Bitcoin blockchain crossed the impressive 20 million threshold. But despite this achievement, Bitcoin-based non-fungible token (NFT) or Ordinal marketplace sales have witnessed a downturn since mid-July. Once...
Golteum (GLTM) and Toncoin (TON) Are Cryptocurrencies Resisting Market Downtrend
29.6.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
The crypto industry has been particularly volatile this year due to a number of issues, including failing projects and liquidity exits, which were made worse by the abrupt crash of FTX late last...
Net Bitcoin ATMs record an increase after 4 months of global downtrend
3.6.2023
In the first four months of 2023, the net crypto ATMs worldwide declined by 5,850. In May, however, 1,397 machines were added back to the global crypto ATM network
Bitcoin Price Prediction: BTC's Downtrend Threatens Break Below $26,800, Targeting $26,000
24.5.2023
Bitcoin's price is currently facing a significant challenge as its downtrend threatens to breach the key support level at $26,800, with a potential target of $26,000.
The recent price action suggests a bearish momentum in the market, raising concerns among investors and traders.
The critical...
Bitcoin Price Prediction: Nearly 3% Drop Raises Concerns of Additional Downtrend
8.5.2023
With the recent dip in Bitcoin prices, there are concerns among investors about a further downtrend. The popular cryptocurrency saw a nearly 3% drop, leading some to believe that the market is entering a bearish phase.
This latest development has left many wondering about the future of Bitcoin...
BNB Chain on-chain activity bucks bear market downtrend in Q4: Messari
6.2.2023
Average daily addresses on the Binance blockchain network grew by 30% year-on-year in Q4
Market Strategist Predicts Gold Will Be the Top Performer in 2023 Over Cryptocurrencies and Equities
5.2.2023
Gareth Soloway, president and chief market strategist at inthemoneystocks.com, predicts that gold will outperform cryptocurrencies and equity performances in 2023. In an interview published Thursday, Soloway emphasized his belief that “gold will be the best performer” this year...
Zcash recovers marginally: Is it an end of the ZEC downtrend?
4.1.2023
Zcash is very similar to Bitcoin and Litecoin, but it offers users enhanced security, anonymity, and zero knowledge transfer facilities. At the beginning of 2022, ZEC was trading around $150 but has reduced its value, and now it is trading around $41, which suggests extreme bearish pressure in...
Zilliqa continues its downtrend rally: Time to sell ZIL?
19.12.2022
Lately, major cryptocurrencies are being redlined and delisted for fear of a possible scam. Despite its downtrend movement, Zilliqa continues to be listed across the major exchanges. With market capitalization ranking from $4 billion to under $300 million hostile, price action will not recede...
Biggest Movers: ADA Hits All-Time Low on Friday, MATIC Extends Recent Downtrend
16.12.2022
Cardano fell to an all-time low on Friday, as sentiment in crypto markets remained bearish in today’s session. The token fell for a third consecutive day, with prices moving below a key price floor in the process. Polygon also extended recent declines, hitting a multi-week low as a result....
ADA price analysis: Cardano is continuing the downtrend
16.12.2022
Cardano is a strong competitor of Ethereum with more flexibility, sustainability, and scalability for running smart contracts for decentralized finance apps, gaming, tokens, and more. At the time of writing this post, ADA/USD is trading around $0.3, which broke the previous support level of $0.45...
Bitcoin Price and Ethereum Halt Downtrend; Can BTC Rally to $17,500 Today?
7.12.2022
Bitcoin, the leading cryptocurrency, finally found support near the $16,900 level on December 7, which is being extended by an upward trendline. The second-most valuable cryptocurrency, Ethereum, is also supported above $1,240, a level that is extended by a double-bottom pattern visible in...
Bitcoin is trapped in a downtrend, but a ‘trifecta of positives’ scream ‘deep value’
19.9.2022
In a recent Twitter Spaces, Capriole Fund founder Charles Edwards told Cointelegraph that BTC could go lower, but currently reflects “incredible deep value” based on multiple price metrics
Bitcoin and Ethereum Resume Downtrend, Altcoins Turn Red
29.8.2022
Bitcoin price failed to stay in a positive zone above USD 21,000. BTC started a fresh decline and traded below USD 20,000. It is currently (04:00 UTC) trading well below USD 20,000 with a bearish angle.
Similarly, most major altcoins are trading in the red zone. ETH traded below the USD 1,550...
Dogecoin Is on a Long-Term Downtrend; Can Doge Begin the Recovery?
14.7.2022
Dogecoin, the meme token king, supported by Elon Musk, is now beaten badly in terms of market capitalization but holds the 10th position. Its $7,990,935,861 market cap is based on above 95% of its net token supply in active circulation. With volumes taking a decent jump daily, investors expect...
Build business: An outlook on the Web3 industry during the downtrend
9.7.2022
With the crypto market’s downturn, it’s essential to focus on what the blockchain technology industry has always suggested: build
Don’t Fear the Reaper: Why the Market Downtrend Is Good for Crypto
26.6.2022
Sergey Vasylchuk is the Co-founder & CEO of the staking provider Everstake.______
As bitcoin (BTC) sunk below the USD 20,000 mark, the panicking voices filled with eschatological fervor seemed to come from around the community. The same USD 20,000 mark that five years ago looked like a pinnacle...
Gnox: One of the Few Ways to Make Money During Bear Market. Will Bitcoin & Ethereum Continue Their Downtrend?
24.6.2022
Investors are scrambling to find sound investments to help them navigate the bear market. So far, 2022 has been brutal for markets, with a global economic recession driven by rising interest rates, soaring inflation, and ever-increasing oil and energy prices due to the war in Ukraine. This article...