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Market Wrap: Bitcoin Rises to $32K, Outperforming Altcoins
31.5.2022
Cryptos advanced with bitcoin (BTC) in the lead. Although, Cardano's ADA and Axie Infinity's AXS token rallied on Tuesday. Some analysts are skeptical despite the current short squeeze in crypto
Fresh Gains Push Bitcoin Back Into the World’s Top 10 Most Valuable Assets
31.5.2022
While bitcoin has lost more than 16% in value against the U.S. dollar during the past 30 days, the cryptocurrency’s market capitalization is still the tenth-largest asset by market valuation. With $603 billion in market value, bitcoin is above Meta’s (formally Facebook) capitalization...
Bitcoin price rallies to $32.3K, but three factors could limit its recovery
31.5.2022
BTC bulls pressed the price to $33,300, but significant tailwinds in traditional markets could continue to weigh on Bitcoin price
Biggest Movers: WAVES Nearly 60% Higher, as AXS Surges Close to 25% in Today’s Session
31.5.2022
WAVES prices surged by almost 60% on Tuesday, leading gainers in crypto markets during today’s session. This move took prices to a 20-day high, and came as AXS also rallied, climbing by over 25% earlier in the day. WAVES WAVES was one of Tuesday’s biggest gainers, as prices rose...
How does The Fed impact crypto? | Find out on The Market Report
31.5.2022
How do the decisions of the United States Federal Reserve affect Bitcoin and the broader crypto markets?
Bitcoin drops 1.5% on US market open amid warning miners may 'capitulate' in months
31.5.2022
Miners are still accumulating BTC so far, but depressed prices continuing may upend the status quo this summer, new analysis says
Crypto Fear and Greed Index Shows ‘Extreme Fear’ and Shaky Sentiment Persist
31.5.2022
For a few weeks now, bitcoin sentiment stemming from the Crypto Fear and Greed Index (CFGI) has been in the “extreme fear” range. While bitcoin gathered some gains on Monday, the CFGI is still in the “extreme fear” position with a ranking score of 16 out of 100. Crypto...
Bitcoin, Ethereum Technical Analysis: ETH Back Above $2,000 as Crypto Rally Extends
31.5.2022
ETH briefly rose above $2,000 on Tuesday, as crypto bulls were once again present in today’s market session. BTC was also higher, with the world’s largest cryptocurrency climbing to its highest point in nearly three weeks. Bitcoin Bitcoin rose to its highest level in nearly three...
WAVES Skyrockets as Details of DeFi Revival Plan Unveiled, Still Down 85% from ATH
31.5.2022
The native token of the blockchain platform Waves (WAVES) has risen sharply in price this week, as a new master plan to bring back confidence in decentralized finance (DeFi) on the network has been unveiled.
At 11:08 UTC on Tuesday, WAVES stood at USD 9.2, up 63% over the past 24 hours and...
Bitcoin and Ethereum Consolidate Gains, ADA Outperforms
31.5.2022
Bitcoin price surged above the USD 31,200 resistance level and tested the USD 32,000 level before the bears emerged. It is currently (11:50 UTC) consolidating gains near USD 31,800 and is up almost 4% in a day and 9% in a week.
Similarly, most major altcoins remain in a positive zone. ETH...
Old Fashion Research Launches $100 Million Latam and Emerging Markets Crypto Metaverse Fund
31.5.2022
A VC company founded by former Binance employees, Old Fashion Research, has announced the launch of a new crypto fund in the midst of the current downturn the market is facing. The fund, which will have $100 million at its disposal, will focus resources on metaverse investments and in carrying...
LUNA Rallies as Binance Airdrops Token to Users
31.5.2022
The price of the new Terra chain’s native token LUNA rose in the market on Tuesday, as the major exchange Binance airdropped it to users and listed it for trading earlier in the morning.
At the time of writing (09:37 UTC), LUNA traded at USD 8.54, up a massive 43.1% in the past...
Friendly Market to Receive Price Feeds From DotOracle
31.5.2022
DotOracle became the first cross-chain bridge on Casper Network thanks to the partnership signed with Friendly Market on May 30. The Oracle solution will help bring secure price feeds and liquidity bridges to the network. It is also believed that the Dot support would be integral for the growth...
Report: Lebanese Pound Exchange Rate Against Dollar Plunges to All-Time Low
31.5.2022
After relative calm for a few months, the Lebanese pound has plunged to an all-time low of 35,600 per dollar, a report has said. The currency’s latest slide is expected to worsen Lebanon’s economic challenges. Pound Depreciation In a sign that Lebanon’s ongoing economic crisis...
Bitcoin Nears USD 32K, Ethereum Tests USD 2K, ADA Rallies, WAVES Doubles
31.5.2022
Bitcoin price gained bullish momentum after a clear break above USD 30,500 and even cleared USD 32,000. It is currently (04:08 UTC) consolidating gains near USD 31,800 and is up almost 5% in a day and 9% in a week.
Similarly, most major altcoins gained bullish momentum. ETH broke the USD 1,920...
Ethereum price moves toward $2,000, but analysts say it’s just another ‘relief rally’
30.5.2022
ETH price bounced off a major support level, and while $2,000 could be a short-term target, most analysts say it’s just a “relief rally.”
Ethereum sell-off fears rise as crypto hedge fund moves $60M ETH to an exchange
30.5.2022
Ether risks turning overbought on shorter timeframes, amounting to sell-offs also as it retests a critical resistance level
Biggest Movers: ADA Hits 1-Week High, HNT Nearly 20% Higher on Monday
30.5.2022
Cardano was nearly 15% higher on Monday, as crypto markets were mainly in the green to start the week. Despite gains from ADA, HNT was one of the biggest movers today, as it rose by over 20%, hitting its highest point in over a week. Cardano (ADA) ADA rallied on Monday, as it rose by […]
Bitcoin Funds See Weekly Inflows as Analysts Debate ‘Bounce’
30.5.2022
Investment funds backed by bitcoin (BTC) and crypto once again saw inflows last week, as BTC extended a now 9-week-long losing streak. At the same time, some analysts are turning positive on the near-term outlook for bitcoin in particular, predicting a “bounce” to the upside in June.
According...
Bitcoin, Ethereum Technical Analysis: BTC up to $30,000 to Start the Week
30.5.2022
Bitcoin rose above $30,000 to start the week, with bearish sentiment marginally fading as we head into June. ETH also rallied on Monday, however the world’s second largest cryptocurrency continued to hover below $1,900. Bitcoin Following almost five days trading below $30,000, BTC finally...