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Biggest Movers: ETC Moves Away From Multi-Month Lows, as XMR Extends Recent Gains
21.12.2022
Ethereum classic rallied for a second straight session on Wednesday, following better-than-expected U.S. consumer confidence data. The figures showed that confidence among American consumers rose to the highest level in eight months, with a reading of 108.3. Monero was also higher on the news,...
Bitcoin rebound to $18.4K? BTC price derivatives show strength at key support zone
21.12.2022
Miners are in deep trouble due to increased hash rate and energy costs, but pro traders slightly added to their longs despite the recent BTC pullback
Bitcoin, Ethereum Technical Analysis: BTC Briefly Above $17,000 Ahead of US Consumer Confidence Report
21.12.2022
Bitcoin was briefly trading above $17,000 on Wednesday, as markets prepared for the release of the upcoming U.S. consumer confidence report. Today’s figure is expected to come in at a reading of 101.00 for December, which is higher than last month’s number of 100.2. Ethereum was also...
Ethereum attempts to overcome selling: What’s next for ETH?
21.12.2022
Ethereum brings the idea of change and the change-making potential of its progressive blockchain. The movement for its blockchain cryptocurrency ETH might have taken a back seat in 2022, but the outlook compared to its competitors, such as SOL, ADA, and others, is pure gold. Transition validation...
XRP fails to end consolidation near 100 EMA repeatedly!
21.12.2022
In December 2022, someone mentioning XRP immediately thinks about the update on its SEC lawsuit. While there have been some legal complications made aware to the public, the resulting movement for XRP shouldn’t be affected by the same. XRP has been working as a decentralized ledger, but there...
Bitcoin (BTC) continues consolidation in hopes of a breakout!
21.12.2022
Bitcoin might be considered a digital gold or a broader representation of the functioning and growth of the cryptocurrency industry. In reality, the idea that something digital can hold weight is based on supply and demand dynamics. If enough people say it’s worth $100,000, it would surely...
What blockchain analysis can and can't do to find FTX's missing funds: Blockchain.com CEO
21.12.2022
Peter Smith said the hardest thing to trace was the funds that enter the banking system
Biggest Movers: LTC Snaps Extended Bear Run, as LINK Hits 4-Day High
20.12.2022
Litecoin snapped a recent bear run on Tuesday, as cryptocurrency prices moved marginally higher. The token was up by nearly 3% in today’s session, ending a six-day losing streak in the process. Chainlink was also in the green, as it rebounded from a key support point. Litecoin (LTC) Litecoin...
Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,200 as Bank of Japan Policy Decision Impacts Markets
20.12.2022
Ethereum rose back above the $1,200 level on Tuesday, as the dollar rebounded following the latest Bank of Japan (BOJ) policy decision. The bank adjusted its yield curve control, which increased its cap on the 10-year government bond, allowing moves of up to 50 basis points (bps), up from 25 bps....
Cosmos tanks close to 50%: Can ATOM end the negative action?
20.12.2022
Tendermint has been the greatest contribution of Cosmos blockchain to the cryptocurrency world which is now close to an 810 billion strong market. Even during the rainy negative season for crypto, Cosmos has been able to become a base of protocol operations for 100s of blockchains. A majority...
Compound heads towards its support of $27: Will COMP revive?
20.12.2022
The Compound was founded by economists Robert Leshner and Geoffrey Hayes and is a decentralized protocol. It is developed on a system of accessible smart contracts on the Ethereum blockchain that allows a system of borrowers and lenders. It acts as a middleman with modern technology at...
IOTA tests support of $0.15: Will MIOTA fall below April 2020 low?
20.12.2022
Even the first three letters of IOTA indicate the most utilized technology of the 21st century, the IoT or the Internet of Things. Even somebody who is unaware of this token would easily be able to associate its relevance with IoT technology. Launched in 2017 with a super returning ICO, IOTA took...
Biggest Movers: SHIB, XMR Extend Recent Gains on Monday
19.12.2022
Shiba inu rose for a third consecutive session on Monday, as the meme coin continued to move away from last week’s lows. Today’s surge comes as the global cryptocurrency market cap was largely unchanged, and is down 0.01% as of writing. Monero was another notable mover to start...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate as Markets Prepare for Christmas Break
19.12.2022
Bitcoin continued to consolidate to start the week, as market volatility remained in place ahead of the Christmas holidays. The world’s largest cryptocurrency remained below $17,000 on Monday, as price attempted to break out of a key resistance level. Ethereum was below $1,200 on Monday....
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...
Will Dogecoin (DOGE) break the long-term support of $0.05?
19.12.2022
Dogecoin is a leading meme coin that has provided good returns in the last two years, but now it is consolidating around the short-term support of $0.07. At the time of writing this post, DOGE was trading around $0.0777. In the last 24 hours, Dogecoin has been down by more than 2%, and candlesticks...
ALGO registers high selling pressure: Should you hold ALGO?
19.12.2022
At the time of writing this post, Algorand was trading around $0.18, forming a downtrend even for the short term after breaking support around $0.3. In the first week of October, ALGO reached a high of $0.45. After the FTX liquidity crisis, Algorand changed its momentum and dropped its value last...
What is crypto market capitulation and its significance
19.12.2022
Cryptocurrency market capitulation revolves around investors' fears of further losses in a seemingly never-ending downward spiral, but it's also the period of maximum opportunity
Biggest Movers: ADA Hits Fresh Record Low, BNB Down for Seventh Straight Day
17.12.2022
Cardano fell to a fresh all-time low on Saturday, as prices plunged by over 10% to start the weekend. The move saw the token drop for a third straight session, as a red wave swept through cryptocurrency markets. Binance coin also moved lower, dropping for a seventh consecutive day. Cardano (ADA)...
Bitcoin, Ethereum Technical Analysis: ETH Drops Below $1,200 to Start the Weekend
17.12.2022
Ethereum fell below $1,200 to start the weekend, as prices continued to trade close to a multi-week low. This decline comes as market sentiment remained bearish following a big week of economic data. Bitcoin also extended recent declines, as traders remained nervous following news that financial...