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Price analysis 12/9: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI
9.12.2022
Bitcoin and most major altcoins remain stuck inside a range as traders keep a close eye on next week’s macroeconomic events
Biggest Movers: MATIC, QNT Move Higher on Friday, as Cryptos Rebound
9.12.2022
Polygon was a notable gainer on Friday, as cryptocurrencies moved higher following a turbulent week of trading. The global crypto market cap is 2.28% higher as of writing, as markets prepared for the release of U.S. consumer sentiment data. Quant was another big mover, as prices surged for a second...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Rebound on Friday, Following Volatile Week of Trading
9.12.2022
Bitcoin was back in the green on Friday, with prices once again moving above the $17,000 level. Cryptocurrencies were mostly higher in today’s session, as prices rebounded from recent losses. Ethereum also surged earlier in the day, climbing closer to the $1,300 level. Bitcoin Bitcoin (BTC)...
BNB is facing consolidation near the 100 EMA curve!
9.12.2022
BNB currently ranks 4th in the market capitalization of $46 billion, with 80% of BNB tokens entered into the circulation supply. Being the first token network to apply the deflationary scheme of burning tokens at repeated intervals. By December 2022, Binance has already burnt close to 20% of...
Ethereum strongly holds the support of $1200: What’s Next?
9.12.2022
Ethereum has been in the news this year because of its Merge upgrade. Crypto enthusiasts expect a rally because Ethereum has become the leading energy-efficient decentralized network that runs on a proof of stake consensus with a wide range of use cases. Only a few cryptocurrencies are less...
NFTs could help solve diamond certification fraud
9.12.2022
Non-fungible tokens are being used to serve as digital GIA diamond certificates to ensure immutability, transparency and proof-of-ownership
Bitcoin is short-term bullish: What should you do now?
9.12.2022
Bitcoin is the leading crypto coin in the world, which has slipped almost 75% from its all-time high. At the time of writing this post, Bitcoin is trading around $17,222, which is just above the 52-week low of $15,500. After the news of the FTX liquidity crisis in November, Bitcoin broke...
Bitcoin price targets stretch to $19K as BTC jumps 4% from daily lows
9.12.2022
Bitcoin retains $17,200 after an overnight squeeze takes BTC price action to within reach of one-month highs
Biggest Movers: LTC, ATOM Extend Declines, Hitting 10-Day Lows
8.12.2022
Litecoin fell for a third consecutive session on Thursday, as the token continued to move away from recent highs. Cryptocurrencies have been mostly lower in recent days, as traders continue to fear a global recession. Cosmos also remained in the red during today’s session. Litecoin (LTC)...
Bitcoin, Ethereum Technical Analysis: BTC Nears 10-Day Low, as Bears Regain Market Sentiment
8.12.2022
Bitcoin continued to slip on Thursday, with the coin remaining close to its lowest level since the end of November. Momentum in cryptocurrency markets has shifted in recent days, with sentiment currently bearish. Ethereum was also lower, with the token dropping towards $1,200. Bitcoin Bitcoin (BTC)...
Cardano (ADA): The inspiration behind ETH’s PoS transition!
8.12.2022
Cardano was the first blockchain in the top 10 cryptocurrencies to utilize the power of proof of stake. While the principles and novel idea of implying proof of stake have differed in the past, the outlook for the token has remained under the Ouroboros protocol. The claimed energy efficiency isn’t...
Litecoin lacks a buying spree; Support remains relatively stronger
8.12.2022
Litecoin has been one of the most trending and user-application blockchains sourced from the Bitcoin code. LTC carries a rich history of development and growth that has allowed it to rank amongst the market leaders of 2022. Ranking at the 13th spot, LTC carries a relatively high market...
TRON (TRX) price plunge may be on the horizon
8.12.2022
TRON is an open-source, decentralized protocol with a proof-of-stake consensus algorithm. TRX is a leading altcoin offering the TRON network convenience and flexibility. At the time of writing this post, TRX/USD is trading around $0.053. Candlesticks are forming in the baseline of the Bollinger...
ETH Price to Fall to $922 by December 10, Coincodex Predicts
8.12.2022
The U.S. dollar price of ether, which presently hovers around $1,200, is expected to fall to $922.66 by Dec. 10, a Coincodex prediction chart has shown. Ethereum is nonetheless projected to close the following day trading above $1,000. According to the Coincodex analysis, there are presently...
FTX hires forensics team to find lost customers’ billions: Report
8.12.2022
Lawyers have claimed FTX assets are either stolen or missing and now a team of financial forensic experts is attempting to trace the money trail
Price analysis 12/7: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, UNI
7.12.2022
The current weakness in BTC and major altcoins shows that investor sentiment remains negative and that bears are active at higher levels
Biggest Movers: DOGE, LINK Fall to 10-Day Lows on Wednesday
7.12.2022
Dogecoin fell to a ten-day low on Dec. 7, as the meme coin extended a recent decline, falling for a third consecutive session. Overall, cryptocurrency markets have been mostly bearish in today’s session, and are down 1.07% as of writing. Chainlink was another notable token to fall, and is currently...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Continue to Consolidate as USD Strengthens
7.12.2022
Bitcoin was consolidating on Wednesday, as the U.S. dollar continued to strengthen versus several G7 currencies. A strong dollar means demand for cryptocurrencies typically plummets, with the global market cap trading in the red as of writing. Ethereum was also lower today, falling as it remained...
Avalanche attempts to cross its long-term support of $13.35!
7.12.2022
Avalanche blockchain architecture and its use of X-Chain, P-Chain, and C-Chain has not only reduced unnecessary loads on each blockchain but resulted in a positive turnaround of the returns. The capability of processing 6500 transactions per second cannot be easily rivaled by any of the smart...
XRP faces resistance from 100 EMA; Outlook turns positive!
7.12.2022
XRP slips to the seventh spot as three stablecoins dominate the top 6 spots. Having declined 55% in the last year, even months’ movement has moved negatively. XRP has been a dominant force in applying its decentralized ledger technology, XRP ledger, for microtransactions, DeFi, and even...