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Hedera (HBAR) rises more than 10% in just a single day!
12.10.2022
Hedera is an innovative distributed ledger technology known as Hashgraph. It is a consensus algorithm where a community of users completes transactions. First, you have to understand the difference between blockchain and this Hashgraph consensus. On a blockchain transaction, single blocks create...
Biggest Movers: ETC, NEAR at 3-Month Lows on Tuesday
11.10.2022
Ethereum classic remained close to a three-month low in today’s session, as the token continued to extend recent declines. The token is now trading almost 15% lower in the last seven days. Near protocol was also lower, with it also falling to its lowest point since July. Ethereum Classic...
$25K or $15K BTC — CPI and US inflation data coming out on Thursday: Watch The Market Report
11.10.2022
On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss the new CPI data and U.S. inflation rate to be announced on Thursday, Oct. 13
Bitcoin, Ethereum Technical Analysis: ETH Falls to 9-Day Low Below $1,300
11.10.2022
Ethereum fell to a nine-day low during Tuesday’s session, as the U.S. dollar rose to a two-week high. The decline comes ahead of this week’s U.S. inflation report, which is expected to show consumer prices falling by 0.2% month-on-month. Bitcoin was also in the red during...
Dash Plays Close to Its May 2022 Lows! Technical in the Red Zone!
11.10.2022
The expectation from Dash offers a close resemblance to Bitcoin in some technological advancements. Dash was created to improve the features and abilities of Bitcoin. Its faster transactions and privacy feature might be an advantage, but the broader acceptance of Bitcoin miners offer a much higher...
VeChain Fails to Overcome Its Negative Momentum of the Past Year
11.10.2022
VeChain was developed as a revolutionary product that met the new-age demand for enterprise-grade smart contracts. VeChain network combines the strengths of distributed networks and IOT to resolve the hurdles posed by globalized industries. The features offered by VeChain make this blockchain...
Elrond (EGLD) Buyers Pushes the Price Towards the Resistance!
11.10.2022
Elrond is a security-focused public blockchain that runs on Secure Proof of Stake consensus to create a decentralized network for traditional financial services. EGLD is a native coin of this network that helps to run the ecosystem with a streamlined and improved experience. With its Adaptive State...
Crypto's downturn is about more than the macro environment
11.10.2022
The global economic downturn should not have a long-term negative effect on cryptocurrency prices, even if it is influencing crypto in the short term
Bitcoin Price Outlook for October — Strong Dollar and Fed Rate Hike Gives Bears the Advantage
10.10.2022
Ten days into October, and ahead of this Wednesday’s U.S. inflation report, bitcoin prices fell to a one-week low. Prices of the world’s leading crypto asset were mostly in the red during September, trading below $20,000 for the majority of the month. As of writing, bitcoin continues...
Price analysis 10/10: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB
10.10.2022
Legacy markets continue to negatively impact Bitcoin price, but a positive sign is that the bulls have not allowed BTC to retest its June low
Biggest Movers: TRX Hits 4-Week High, MKR Remains Close to 2-Month Peak
10.10.2022
Tron rose to a one-month high in today’s session, hitting a key resistance point in the process. The surge in price comes despite cryptocurrency markets trading mostly lower on Monday. Another exception to this decline was maker, which remained close to an eight-week high. Tron (TRX) Tron...
Quant (QNT) Reaches Its Strong Resistance Level of 2022!
10.10.2022
Quant project is a blockchain space that aims to solve interoperability issues by creating a specific operating system. It uses distributed ledger technology to bridge the connectivity gap between various blockchain networks. Hence, the foundation for this entire network is the operating system...
XRP Price Rises to $0.5 Due to the Hope of Ripple Win!
10.10.2022
Ripple is a decentralized cryptocurrency created by the US-based company Ripple Labs. It aims to become a decentralized digital asset for global payments. Banks charge higher fees for global payments, but users can send money easily at a lower cost using the Ripple platform. However, banks take...
Maker (MKR) Surpasses 200 EMA and Faces Profit Booking!
10.10.2022
Maker token is the utility cum governance token of MakerDAO and Maker Protocol, based on the Ethereum blockchain to control and manage DAI stablecoin. DAI stablecoin closely monitors the US dollar, which in turn maintains the confluence of all the stablecoins and cryptocurrencies. Since the Maker...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Fall to 1-Week Lows, as Markets Prepare for Big Week of Data
10.10.2022
Bitcoin was trading near a key support point on Monday as markets prepared for a big week of economic data. The headline release will be Wednesday’s U.S. inflation report, which is forecasted to come in at 8.1% for September, which is lower than August’s rate of 8.3%. Ethereum...
AUD/USD and Consumer Price Index: a Technical Analysis
10.10.2022
The Asian-Pacific trade market is on a down roll at the moment. Wall Street and S&P 500 signaled a bearish trend at the end of the previous week. Opening the current week could be difficult unless the market has the key to open the gates for a bull. Wall Street indicated that the market would...
USD Index Starts Inching Toward Highs Again, Société Générale Economists Say Rebound Towards 114.8 Peak ‘Is Not Ruled Out’
9.10.2022
In 2022, the U.S. dollar has been very strong, despite the global economy’s downturn and the rising inflation worldwide. 12 days ago, the U.S. Dollar Index (DXY) rallied to a high of 114.8 and since then, the index has pulled pack and a recent analysis from economists at Société...
Crypto traders shift their focus to altcoins while Bitcoin price consolidates
9.10.2022
Traders shift their focus to XRP, UNI, QNT and EGLD while Bitcoin continues to consolidate around the $20,000 level
Biggest Movers: XRP Nears 5-Month High to Start the Weekend
8.10.2022
Xrp, the token formerly known as ripple, rose close to a five-month high on Saturday, despite the current red wave sweeping through markets. The token was trading marginally above a ceiling of $0.525, as bulls attempted to recapture recent highs. Cosmos was also higher, nearing a breakout of a...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Recent Declines on Saturday
8.10.2022
Bitcoin was trading lower on Saturday, as cryptocurrency prices continued to trade in the red following the latest U.S. nonfarm payrolls (NFP) report. The token dropped for a fourth consecutive day, moving closer to a key support point in the process. Ethereum was also in the red, hitting...