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XRP, Dogecoin Outperform as Crypto Markets Continue Slide
15.4.2022
XRP’s rise came amid positive sentiment for the payments tokens as Ripple founder Brad Garlinghouse said his company's ongoing defense against the SEC's lawsuit was going “much better than expected.”
Spread of Sanctions Makes Privacy Tokens the Hot Bet in Crypto Markets
13.4.2022
Crypto analysts are pointing to the Ukraine war and related financial sanctions as the reason that privacy tokens like MASK and Monero's XMR and are trading up over the past 30 days
Biggest Movers: SHIB up Almost 20% Following Robinhood Listing, Near Also Higher
12.4.2022
Shiba inu (SHIB) was one of the biggest gainers in crypto markets on Tuesday, as Robinhood added the meme coin to its list of crypto offerings. This came as the trading app also added a host of others, including SOL which also gained following recent losses. Shiba Inu (SHIB) Shiba inu (SHIB)...
White House in Damage Control Mode as Crypto Markets Brace for 8%-Plus Inflation
12.4.2022
White House blames Russia's war on Ukraine for the extraordinary elevated inflation to be revealed by Tuesday's data from the Labor Department. Will markets agree?
Bitcoin, Ethereum Technical Analysis: BTC, ETH Both Start the Week Around 3-Week Lows
11.4.2022
Bitcoin and ETH both fell to their lowest level in over three weeks on Monday, as a red wave passed through crypto markets. As of writing, BTC and ETH are trading between 2% and 5% lower, while the overall crypto market cap is down 3.75%. Bitcoin Bitcoin extended its recent decline on Monday,...
Biggest Movers: SOL Slips Over 10%, as RUNE, WAVES Down Nearly 20%
6.4.2022
Global crypto markets were trading nearly 6% lower as of writing this, with SOL one of the biggest crypto’s to fall during the session. While falling by over 12% on the day, RUNE and WAVES fell by as much as 20% on Thursday. WAVES WAVES was easily one of the biggest gainers in March,...
Bitcoin, Ethereum Technical Analysis: BTC Falls Below $45,000 Ahead of FOMC Minutes, ETH Extends Recent Losses
6.4.2022
Bitcoin fell below the $45,000 level on Wednesday, as the selloff in crypto markets extended, following strong gains last week. ETH was also down in the session, slipping to a five-day low in the process. Overall, the global crypto market cap fell by 4% as of writing. Bitcoin BTC fell below $45,000...
FTX Takes Stake in Stock Exchange IEX to Strengthen Crypto Markets
5.4.2022
The size of FTX’s investment was not revealed, but an FTX spokesperson said it will become a “significant” shareholder in IEX
Bitcoin, Ethereum Technical Analysis: ETH Falls Below $3,500, While BTC Continues to Consolidate
4.4.2022
Following recent multi-month highs, BTC continued to consolidate on Monday, as markets marginally fell to start the week. In addition to bitcoin, the current uncertainty in crypto markets also pushed ETH lower, falling below its $3,500 level as a result. Bitcoin BTC was trading in the red to start...
JPMorgan Sees Limited Upside for Crypto Markets
4.4.2022
JPMorgan Chase & Co. has warned that any upside for crypto markets from here would likely be more limited. Basing their prediction on the relationship between stablecoins and the rest of the crypto market, the bank’s analyst explained that stablecoins’ share of the total crypto...
Biggest Movers: Near Surges 22% on Saturday, as SOL, AXS Move Higher
2.4.2022
NEAR has risen by over 20% during today’s session, pushing prices to their highest level since late January. AXS also rebounded on Saturday, following a $640 million hack, which sent its price down this week. NEAR Protocol (NEAR) NEAR was undoubtedly one of the biggest gainers in crypto...
CFTC Chief Says FTX Plan Could Make Crypto Markets 'More Efficient'
31.3.2022
CFTC Chair Rostin Behnam told House lawmakers Thursday his agency was giving a FTX.US proposal on directly clearing customers' derivatives trades serious consideration. He suggested the FTX idea could improve market efficiency, though he said he didn't yet support the proposal. Behnam repeatedly...
Biggest Movers: CVX Nearly 14% Higher, as RUNE Extends Friday’s Gains
26.3.2022
CVX was trading nearly 14% higher to start the weekend, as RUNE extended yesterday’s gains, climbing by over 13% on Saturday. CVX is now up by nearly 35% this week, rising to multi-week highs in the process. Thorchain (RUNE) RUNE was one of the biggest gainers in crypto markets for a second...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Begin Weekend Close to Key Resistance Levels
26.3.2022
Bitcoin and ethereum began the weekend trading close to key resistance levels, as crypto markets continued to sustain recent gains. Overall, the global cryptocurrency market cap was marginally higher on Saturday, as traders prepared for this weekend’s session. Bitcoin BTC is currently...
Biggest Movers: BCH up 30% in the Last Week, ADA, HNT Higher on Tuesday
22.3.2022
BCH has been one of the biggest gainers in the last week, and that momentum continued during Tuesday’s session. As of writing this, ADA and HNT were also trading by over 10% higher, as bullish pressure remained within crypto markets. Bitcoin Cash (BCH) BCH was undoubtedly one of the biggest...
Biggest Movers: AVAX Almost 20% Higher, as RUNE and ZEC Near 15% Gains on Saturday
19.3.2022
Crypto markets were mainly in the green on Saturday, with AVAX, RUNE and ZEC being some of the notable gainers. Apecoin traded lower during its third session, falling by as much as 13%, following back-to-back gains. Avalanche (AVAX) LUNA, WAVES, and FTM were all trading over 10% on Saturday...
EU Parliament Committee Votes Against Proof-of-Work Ban, Supports Alternative Amendment on Crypto Assets
14.3.2022
European Parliament’s economic and monetary affairs committee has voted against banning proof-of-work-based assets for companies in the European Union. An alternative proposal on crypto assets by European Parliament member Stefan Berger receives support instead. Committee Rejects...
MiCA Amendments Proposed Last Minute Revive Threat of EU Ban on Bitcoin, Report Reveals
14.3.2022
Changes to the EU’s MiCA proposal to regulate crypto markets, suggested shortly before a vote on the package, indicate a bitcoin ban is still a possibility. Despite recently removing wording that would have prohibited coins with energy-intensive mining, some members of the European...
Bitcoin, Ethereum Technical Analysis: ETH Remains Close to Support of $2,550 to Start the Weekend
12.3.2022
Ethereum was once again trading close to its support of $2,550 on Saturday, as crypto markets continue to consolidate. Following strong gains on Tuesday, BTC and ETH have both mainly traded sideways, as price uncertainty grips markets. Bitcoin Bitcoin is down just over 1% as of writing, as...
Biggest Movers: RUNE Rallies on Friday, With KDA Climbing Over 10%
11.3.2022
Despite mainly being in the red, there were a few notable big movers in crypto markets on Friday. Initially, STX was one of them, climbing by as much as 36%, before giving up all of these gains. However, RUNE and KDA managed to sustain gains. Thorchain (RUNE) Thorchain (RUNE) rose for the second...