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Cronos traps under selling pressure: Can CRO recover?
15.11.2022
Cronos is compatible with both Ethereum virtual machines and cosmos-based ecosystems that allow easy porting of smart contracts and decentralized applications. It was launched in 2021 that runs parallel to the Crypto.org blockchain and powers the pay features of this platform. Crypto.com is...
XRP price recovers today: Can it overcome weekly losses?
15.11.2022
Crypto enthusiasts were worried about the negative sentiment developed after the FTX liquidity crisis. Many investors were selling out of panic because the situation directly questioned the sustainability of cryptocurrencies over the long term. Binance announced the acquisition of FTX to solve...
Dogecoin close to its previous lows: Was DOGE surge temporary?
15.11.2022
The movement of Dogecoin depends on market sentiment. When the market corrected over the news of the FTX liquidity crisis, Dogecoin did not lose its value like many other leading cryptocurrencies. Moreover, it recovered from the lower level sooner than other cryptos. It suggests positive momentum...
Bitcoin, Ethereum Technical Analysis: BTC Climbs to $17,000 as Weaker USD Overshadows SBF’s Cryptic Tweets
15.11.2022
Bitcoin was trading marginally higher on Nov. 15, as the U.S. dollar continued to weaken, dropping to multi-month lows versus several G7 currencies. The decline of the dollar overshadowed tweets from FTX’s Sam Bankman-Fried, who cryptically tweeted “What happened” to his...
BTC losses get real as Bitcoin SOPR metric hits lowest since March 2020
15.11.2022
Sale price versus price paid diverges the most in over two years — since the last Bitcoin "black swan" event
Renewed Bitcoin Market Swoon Has Put Price Support At $13K in Crosshairs: Technical Analysis
15.11.2022
Bitcoin has broken below $18,000, which was an area of support in recent weeks. The next levels to watch are $13,500 and $12,500, analysts at Morgan Stanley said
Biggest Movers: CRO Rebounds as CEO Kris Marszalek Admits ‘Trust Was Damaged’
14.11.2022
On Nov. 14, cronos rebounded, as Crypto.com CEO Kris Marszalek held an “Ask me Anything” (AMA) session, while speculation grew on the company’s level of solvency. The concerns came after it was revealed that a transfer of $400 million was made to gate.io in recent weeks. Polygon also...
Bitcoin, Ethereum Technical Analysis: BTC Rebounds Following Bullish Comments From Elon Musk
14.11.2022
Bitcoin started the week trading below $17,000, as volatility in the cryptocurrency space continued to intensify. Following last week’s collapse of FTX, account withdrawals have increased, with several customers opting to remove their tokens from exchanges. However, strong comments from...
Zilliqa continues bearish momentum: Should you buy ZIL in 2022?
14.11.2022
Many experts are bullish about the crypto markets, but no one expects it to recover in the short term. The FTX liquidity crisis became a major issue of the downfall when the crypto market started to recover from its yearly low. Before the end of this year, most cryptos formed a yearly low after...
Can Ethereum (ETH) recover before the end of this year?
14.11.2022
FTX, the third leading crypto exchange, faced a liquidity crisis. Since then, cryptocurrencies have been in a bloodbath because many retail investors are seeking an emergency exit due to the lack of sustainability of cryptocurrencies in the long term. After the news, Binance announced taking...
Solana losses more than half its value: What’s next for SOL?
14.11.2022
The FTX liquidity crisis hit the crypto industries, and retail investors are seeking an emergency exit by selling their stakes and investing in safer government bonds because central authorities do not back decentralized cryptocurrencies. If this liquidity crisis persists for a long time, then...
Biggest Movers: DOGE Surges Following Elon Musk Comments on the Meme Coin
12.11.2022
Dogecoin was one of the only crypto tokens to trade higher on Saturday, as comments from Elon Musk boosted prices. Speaking in a Twitter Spaces centered around the FTX collapse, Musk was heard saying: “Doge to the moon.” Solana on the other hand extended its declines, falling by over 15%....
Bitcoin will shrug off FTX 'black swan' just like Mt. Gox — analysis
12.11.2022
There might not be much new to worry about when it comes to the FTX aftermath and Bitcoin resilience
Bitcoin, Ethereum Technical Analysis: BTC Heads Lower on Saturday, as FTX Saga Continues
12.11.2022
In a week of turbulence, cryptocurrencies maintain this sentiment into the weekend, with both bitcoin and ethereum moving lower. Bitcoin once again slipped below $17,000 on Saturday, as it was reported that a hack on FTX had taken place. Ethereum also moved lower today, as the token remained below...
FTX crisis likely to spark a domino effect, macro analyst explains
11.11.2022
The collapse of Sam Bankman-Fried's crypto empire is likely to have ripercussions beyond the crypto markets, according to senior commodity strategist at Bloomberg, Mike McGlone
Biggest Movers: SOL Gives Up 20% Gains, as FTX Declares Bankruptcy
11.11.2022
Solana was up by as much as 20% on Friday, as the token rebounded following recent declines. The token which dropped by over 50% earlier in the week, surged today, as traders seemingly bought the dip earlier in the day. However, sentiment has since shifted following the news that FTX has declared...
Bitcoin, Ethereum Technical Analysis: ETH Moves Higher as Markets Continue to React to US Inflation Report
11.11.2022
Ethereum was trading higher on Friday, as cryptocurrency markets continued to rebound, following yesterday’s U.S. inflation report. The better-than-expected 7.7% CPI (consumer price index) figure for October boosted prices, following recent bearish sentiment. Bitcoin briefly climbed back...
Polygon stands tall in the sell-off market: Will MATIC reach $2?
11.11.2022
In the long-term, Polygon has been in an uptrend, but it faced a sudden bearish momentum when FTX announced the liquidity crisis on their exchange. As a third popular crypto exchange, FTX is facing a liquidity challenge that leads to selling pressure in crypto markets. Binance came to the rescue...
Ethereum Classic (ETC) consolidates amidst the FTX liquidity crisis!
11.11.2022
Ethereum Classic is the fork version of Ethereum with ETC as a native coin that is used to pay gas fees on the network. Many investors treat it as an asset for the long term, but the ETC price has been consolidating in the last six months. After the news of the FTX liquidity crisis, …
Avalanche fails to sustain the support: Is it time to sell AVAX?
11.11.2022
Avalanche’s native token, AVAX, was down in the last few days when FTX announced its liquidity crisis, and Binance came to acquire FTX. However, Binance officials announced Wednesday that they would not buy FTX because the situation is beyond their control. That follows a negative sentiment...