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Bitcoin and Ethereum Try to Recover Losses, WAVES and ZIL Trim Gains
1.4.2022
After bitcoin started a fresh decline from the USD 48,000 resistance zone and spiked below the USD 45,000 support zone, it managed to return above this level and is currently (11:31 UTC) trading near USD 45,200 again. BTC is down 4% in a day.
Similarly, most major altcoins are trying to recover...
Bitcoin and Ethereum U-Turned, Altcoins Slide
1.4.2022
Bitcoin price failed to clear the USD 48,000 resistance zone and traded below USD 45,000. It is currently (04:29 UTC) down 5% and trading near USD 44,700.
Similarly, most major altcoins are gaining bearish momentum. ETH is down 4% and there was a move below the USD 3,250 support. XRP...
Circle Chooses BNY Mellon to Custody USDC Reserves
1.4.2022
Boston-based Circle Internet Financial has announced the company has selected BNY Mellon to custody the firm’s usd coin (USDC) reserves. The company’s dollar-pegged crypto asset is currently the second-largest stablecoin with a current market capitalization of $51.6 billion....
Citi Predicts Metaverse Could Be $13 Trillion Opportunity With 5 Billion Users
1.4.2022
Citi has predicted that the total market for the metaverse economy could grow to between $8 trillion and $13 trillion by 2030. In addition, the global bank expects that the number of metaverse users could be as many as five billion. The Metaverse Is Potentially an $8 Trillion to $13 Trillion...
SEC Names Crypto an Exam Priority This Year
1.4.2022
The Securities and Exchange Commission (SEC) has listed crypto assets as an examination priority for market participants this year. “In this time of heightened market volatility, our priorities are tailored to focus on emerging issues, such as crypto assets,” said an official with...
Analysts debate Bitcoin’s next step after today’s $45.5K retest
1.4.2022
BTC finally hit the projected $45,000 support zone, but analysts have mixed views on whether continuation or consolidation will be the next step
Market Wrap: Cryptos Slide Amid Higher Volatility; Returns Typically Strong in April
31.3.2022
Bitcoin (BTC) and other cryptos declined on Thursday as bullish sentiment began to fade. In March, altcoins outperformed bitcoin, which typically occurs in a rising market. Seasonal data points to higher returns in April and May for both cryptos and stocks
IOST, SKALE Network and CELR gain 30% as traders call for an altseason
31.3.2022
CELR, IOST and SKALE secured double-digit gains, thanks to a handful of protocol upgrades and announcements related to cross-chain ability
Biggest Movers: ZIL Rallies to 11-Month High, as SOL and WAVES Extend Recent Gains
31.3.2022
Solana extended recent gains, as it continued to cement its place as the world’s sixth-largest cryptocurrency. ZIL also rose on Thursday, following yesterday’s 50% increase in its value. All of this came as WAVES jumped by as much as 15% during the session. Zilliqa (ZIL) Although...
Bitcoin, Ethereum Technical Analysis: ETH Remains Above $3,400 Despite Bullish Momentum Slowing
31.3.2022
Ethereum was trading above the $3,400 level for a third consecutive session, however bullish momentum has somewhat eased, as market uncertainty has gradually risen. With prices trading near resistance levels, bulls have pulled back, giving way to bears looking at re-entering the market. Bitcoin...
Zilliqa Token Rises Further as New NFT Gaming Partnership Announced
31.3.2022
The metaverse-focused Layer 1 blockchain Zilliqa’s native token ZIL once again rose sharply in price today, after new partnerships were announced and the progress in the roll-out of decentralized finance (DeFi) protocol was revealed....
Read More: Zilliqa Token Rises Further as New NFT Gaming...
Bitcoin and Ethereum Still Range-Bound, SOL Inches Higher, ZIL Trims Gains
31.3.2022
Bitcoin price is still consolidating above the USD 47,000 level and is currently (11:48 UTC) trading near USD 47,100. It’s almost unchanged in a day.
Meanwhile, ETH is stuck near USD 3,400, while XRP is still below the USD 0.90 resistance. ADA is trying to reach the USD 1.245 resistance.
Total...
Shiba Inu Unveils its Metaverse Project, But Investors Do Not Seem Excited
31.3.2022
The team behind the popular meme coin shiba inu (SHIB) has unveiled their anticipated metaverse project dubbed "SHIB: The Metaverse," a virtual world that would contain more than 100,000 land plots. However, investors are ostensibly not excited by the announcement as SHIB has seen a relatively...
Bank of Spain Warns About Risk of Extended Use of Unregulated Cryptocurrencies in the Country
31.3.2022
The deputy governor of the Bank of Spain, Margarita Delgado, gave her opinion about cryptocurrencies and how they are increasing the risks in today’s economy. At an event hosted by PWC called “A climate of change,” Delgado explained that the continued and extended use...
Bitcoin and Ethereum on Pause, SOL and ZIL Surge
31.3.2022
Bitcoin price is consolidating below the USD 48,000 resistance zone. BTC bulls seem to be protecting losses below USD 46,500. It is currently (04:24 UTC) consolidating just above USD 47,000 and is almost unchanged in a day.
Meanwhile, ETH must clear USD 3,450 to gain bullish momentum. XRP...
Billionaire Mike Novogratz Says ‘People Have Realized Crypto Is Really Popular’ — Expects Softer Stance From Lawmakers
31.3.2022
Billionaire Mike Novogratz says he is much more optimistic about the crypto market now than he was a month ago. He explained that bond sell-offs and increased crypto adoption have boosted the prices of cryptocurrencies, particularly bitcoin. “I think you are going to see the Democrats taking...
DeFi sector TVL rises as investors return to a bullish crypto market
30.3.2022
Decentralized finance token prices have begun to trend higher and the rise in the total value locked across protocols and increasing dApp revenue hint at a potential DeFi revival
Market Wrap: Crypto Sentiment Improves, Though Risk Remains as Russia Plays Down Peace Talks
30.3.2022
Bitcoin (BTC) traded in a tight range on Wednesday as geopolitical risks weighed on markets. Altcoins, however, continue to outperform BTC, which means traders are still comfortable with risk
Aave v3 launch triggers 50% rally from long-term descending channel pattern
30.3.2022
AAVE price broke from its long-term downtrend after the launch of Aave v3 added support for six different blockchain networks in the DeFi space
Biggest Movers: AXS Falls Lower Following Hacks, While ZIL Climbs by Over 50%
30.3.2022
AXS was trading lower on Wednesday, after it was reported that the Axie Infinity network Ronin suffered a breach, leading to hackers stealing over $620 million from the blockchain-based trading and battling game. This came as ZIL was trading by over 50% higher during the session. Zilliqa (ZIL)...