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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...
Bitcoin Price Outlook for November — FTX Crisis Fuels Bearish Momentum
10.11.2022
It’s fair to say that the first ten days of November have been nothing short of historic in cryptocurrency markets. The turmoil surrounding FTX, and its all-but-confirmed collapse, seems to have eclipsed both Luna and Celsius, who also capitulated earlier this year. The impact of this...
Biggest Movers: LUNC 13% Higher, as US CPI Boosts Crypto Markets
10.11.2022
Terra classic has been one of Thursday’s biggest gainers, as crypto markets found light in the form of the latest U.S. inflation (CPI) report, which came in at 7.7%. The token was up by nearly 14% in today’s session, as founder Do Kwon ironically gave his best wishes to FTX chief Sam Bankman-Fried....
Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Declines Following FTX Saga, Markets Now Look Towards US Inflation Report
10.11.2022
Cryptocurrencies continued to crash on Thursday, as market sentiment surrounding the FTX saga remained on the minds of traders. Bitcoin fell below $16,000 late on Wednesday, with prices remaining close to two-year lows today. Ethereum slipped below $1,100, with attention now focused...
Bitcoin Losses Continue after Binance Quits FTX Deal
10.11.2022
After a sudden turmoil in the FTX exchange, crypto enthusiasts thought Binance would come to the rescue, but Binance officials have announced that it is beyond their control. Binance exchange can’t support FTX customers to provide liquidity on the platform. As a result, the crypto market has been...
Ethereum price plunges 23%: Can ETH revive this fall?
10.11.2022
Even after the Merge upgrade, investors were optimistic for an uptrend, but the external factors such as US Fed regular rate hikes, supply chain issues, inflation, and now FTX ‘liquidity crunch’ has reduced the market cap of Ethereum, at least for the short term. Indeed, ETH is a popular coin,...
Tron's stablecoin USDD loses dollar peg on suspected selloff by Alameda Research
10.11.2022
Wallets associated with Sam Bankman-Fried's Alameda Research could be behind the dollar de-peg, alleges Tron founder Justin Sun
Biggest Movers: FTT Fire Sale Sends Token Over 70% Lower, SOL Also Falls Significantly
9.11.2022
FTX Token plunged by over 70% in today’s session, as sentiment surrounding Binance’s potential buyout of FTX continued to raise market eyebrows. Following speculation that FTX could be insolvent, Binance’s Changpeng “CZ” Zhao moved to acquire the firm, pending due diligence. Solana...
Bitcoin, Ethereum Technical Analysis: BTC at 2-Year Low, ETH Down 20% as FTX Turmoil Leads to Crypto Bloodbath
9.11.2022
Bitcoin plunged to a two-year low on Wednesday, as the FTX token sell-off continued to weigh on cryptocurrency markets. After an initial 30% slide, FTX token fell by as much as 80%, as Binance confirmed its intention to absorb the failing exchange. Ethereum was also lower, dropping below $1,200....
Cardano (ADA) falls short of buyers and fails to reach $0.45!
9.11.2022
Cardano is down these days! However, it may be an opportunity to buy for the long term because of the following three reasons. It is one of the top ten cryptocurrencies by market capitalization, so it has less risk than other altcoins. The best part is that Cardano has a public road map for...
BNB becomes a victim of extreme selling: Can it revive?
9.11.2022
Binance, the world’s largest crypto exchange platform, has signed a letter to compete in buying another major crypto exchange platform, FTX. The Binance community members are excited because FTX is the third-largest exchange by volume. As a result, the BNB price will surge in the future...
Shiba Inu (SHIB) loses charm again due to selling pressure!
9.11.2022
Shiba Inu is a meme coin and decentralized digital cryptocurrency named after a Japanese dog breed. No one knows who created this coin, but there was an individual known as ‘Ryoshi’ who brought the new cryptocurrencies to the world in August 2020, especially after the rise of Dogecoin. The logo...
Messari Releases Q3 2022 State of TRON and State of USDD Reports
8.11.2022
Geneva, Switzerland / November 8, 2022 / – Messari, the leading provider of crypto market intelligence, released two quarterly analysis reports related to the TRON ecosystem – State of TRON Q3 2022 and State of USDD Q3 2022. Both reports indicated positive conclusions about the stable...
Chainlink plunges from three-month high as LINK price eyes another 50% correction
8.11.2022
LINK could drop to nearly $4 by December 2022 given its failure to close above a key resistance level despite strong whale accumulation