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Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,200, as Federal Reserve Set to Pivot Policy
24.11.2022
Ethereum moved back above $1,200 on Thursday, as markets continued to react to the latest Federal Open Market Committee (FOMC) minutes. Yesterday’s report hinted that the U.S. Federal Reserve could pivot to smaller interest rate increases “soon.” Bitcoin was largely unchanged...
Cardano continues bearish movement: Will ADA break the $0.29 level?
24.11.2022
Cardano is a leading cryptocurrency that offers interchangeability between different blockchains. ADA is a native coin that has a fixed supply. However, during this downtrend, the price of Cardano is forming a new yearly low of around $0.29, and the current price is just above the yearly low....
BNB makes a strong comeback from the $250 level!
24.11.2022
BNB holds the 4th spot in terms of market capitalization and is perhaps the best new-age cryptocurrency that dominates as a crypto exchange. Despite its 80% circulating supply, BNB is frequently auto-burnt to maintain a degree of decentralization. The abundance of tokens available and listed on...
Avalanche resistances look strong: What’s Next for AVAX?
24.11.2022
Being a relatively new-generation blockchain ecosystem, Avalanche has made multiple improvements to its transaction capabilities adding numbers as high as 6500 TPS. Since this blockchain offered similar scalability offered by Ethereum, the outlook of AVAX exploded in terms of market position...
Biggest Movers: LTC Moves to 6-Month High, SOL up Nearly 20%
23.11.2022
Litecoin extended recent gains on Nov. 23, with the token climbing to its highest point since May. The move saw prices climb by nearly 20% in today’s session, and comes ahead of this afternoon’s Federal Open Market Committee (FOMC) minutes. Solana also surged on Wednesday, moving...
Bitcoin, Ethereum Technical Analysis: Bitcoin Rebounds, Coinbase Confirms Holding 2 Million BTC
23.11.2022
Bitcoin moved back above $16,000 on Nov. 23, as markets continued to react to the news that Coinbase holds 2 million bitcoin worth $39.9 billion. Centralized exchanges continue to face scrutiny following the collapse of FTX, with many moving to showcase their proof of reserves. Ethereum was also...
Polygon (MATIC) takes support from its 200 EMA curve!
23.11.2022
MATIC cryptocurrency is a positively biased token of the Polygon network that offers higher scalability. Using the Ethereum blockchain as the core object for expansion, Polygon has enabled a new method for scaling and governance by issuing MATIC tokens. As a layer two solution, this crypto network...
Crypto awakening: Researcher explains ETH exodus from exchanges
23.11.2022
On-chain analytics show that ETH and stablecoins have been flowing out of centralized exchanges in the aftermath of FTX’s collapse
Ethereum loses 30% this month: Has ETH crashed?
23.11.2022
Ethereum managed to woo holders by showcasing a growing ecosystem after its shift to Proof of Stake, but in reality, this step just hindered the 100% decentralized ecosystem of ETH and made it more controllable. With higher stakers under control, the price and even hash rate for ETH can...
Bitcoin regains the $16k mark: Will BTC continue the recovery?
23.11.2022
Bitcoin is a leading cryptocurrency that runs on a Proof of Work consensus. After the FTX liquidity crisis, investors started questioning the sustainability of decentralized crypto networks, especially small and mid-caps, because it is not regulated by any central authority. Loss of value means...
Bitcoin may need $1B more on-chain losses before new BTC price bottom
23.11.2022
BTC price losses are not yet bad enough to rival previous Bitcoin bear market troughs, data suggests
Onchain Research Shows FTX’s Falling BTC, ETH, Stablecoin Balances ‘Suggest Cracks Had Formed as Far Back as June’
22.11.2022
While the analytics firm Nansen published a report that points to the Terra collapse igniting the flames of FTX’s and Alameda Research’s financial problems, onchain data from the intelligence and research firm Glassnode suggests FTX’s “cracks had formed as far back...
Could a Grayscale Bitcoin Trust collapse be the next black swan event? Watch The Market Report
22.11.2022
On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss the potential collapse of the Grayscale Bitcoin Trust and its implications on the market
Biggest Movers: LTC up 12%, Hitting a 3-Week High
22.11.2022
Litecoin rallied to a three-week high on Nov. 22, despite the global cryptocurrency market cap mostly residing in the red. As of writing, the crypto market is down 1.11%, however, litecoin is up by over 12%. Another notable gainer has been chainlink, which rose for a second straight session....
Bitcoin, Ethereum Technical Analysis: ETH Slips Below $1,100 Ahead of FOMC Minutes Report
22.11.2022
Ethereum fell below $1,100 on Nov. 22, ahead of tomorrow’s much anticipated United States Federal Open Market Committee (FOMC) minutes release. Many are looking toward this report for hints from the U.S. Federal Reserve, in terms of when it could pivot from current policy. Bitcoin was also...
TRON (TRX) falls back to the ultra-strong level of $0.048!
22.11.2022
TRON blockchain has showcased immense uptrend possibilities in previous years, but even since the dark clouds emerged on cryptocurrencies, it has failed to make a comeback. Just as BTC and other tokens are facing rejection, so has this token succumbed to the intense selling pressure. Operating...
Litecoin (LTC) eyes for a significant up move in the future!
22.11.2022
Litecoin is one of the few cryptocurrencies that has regained the previous support level after the recent fall. When many other cryptocurrencies are forming new yearly lows, LTC is trading much above the support of $52, which suggests positive momentum for the short term. At the time of writing...
IOTA is trading around the yearly low: Will MIOTA revive?
22.11.2022
The FTX liquidity crisis stirred the market last week, and IOTA has formed a yearly low of around $0.195. It has formed a triangle pattern in the last five months with support around $0.25. However, it has broken that support after the announcement of FTX’s bankruptcy. The U.S. Congress...
South Korea, Singapore, Japan Top Countries Most Impacted by FTX Collapse: Report
22.11.2022
A new analysis shows that the countries most impacted by the collapse of cryptocurrency exchange FTX are South Korea, Singapore, and Japan. Moreover, Russia, Germany, Turkey, Taiwan, India, Egypt, and Brazil also made the top 10 list of countries most affected by the FTX meltdown. Countries Most...
Lido fundamentals shine even as the wider crypto market struggles to regain traction
21.11.2022
Lido protocol boasts $1 million in daily fee revenue for nearly a month, highlighting its growth in daily active users and Ethereum stakers