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Biggest Movers: XRP Rises 7%, While LUNA Falls by the Same Amount
12.3.2022
Although cryptocurrency markets started the weekend lower, XRP was able to avoid the red wave, rising by as much as 7% in the process. LUNA on the other hand was lower, with ANC also down close to 10%. Ripple (XRP) XRP rose to its highest level in almost one month on Saturday, as the world’s...
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...
Immutable X (IMX) gains 50% following the close of a $200M fundraising round
12.3.2022
IMX price rallied by 50% after the successful completion of a $200 million Series C funding round and the influx of new projects planning to launch on the layer-2 NFT solution
Altcoin Roundup: DeFi token prices are down, but utility is on the rise
11.3.2022
DeFi token prices leave a lot to be desired, but the sector’s real benefit is the lending and liquid staking options, not the price of useless governance tokens
Polychain, Arca Propose Anchor Protocol Yield Cut
11.3.2022
Backed by industry heavyweights, a governance proposal for Anchor aims to make the largest DeFi protocol on Terra more sustainable
Bitcoin derivatives metrics reflect traders’ neutral sentiment, but anything can happen
11.3.2022
BTC price is caught in the middle of a game of tug-o-war, as evidenced by the fact that pro traders are equally pricing upside and downside risk instruments
Market Wrap: Cryptos Mixed Amid Global Uncertainty
11.3.2022
Bitcoin (BTC) reversed earlier gains as geopolitical tensions escalated on Friday. Ether (ETH) continues to underperform, similar to what occurred in the 2018 crypto bear market. Still, stocks and crypto could see a relief rally if/when war conditions ease
Price analysis 3/11: BTC, ETH, BNB, XRP, LUNA, SOL, ADA, AVAX, DOT, DOGE
11.3.2022
The sharp pullback in BTC and large-cap altcoins indicates that bears have yet to capitulate and that traders continue to sell the top of each breakout
Bitcoin Weighed Down by Resistance; Support at $35K-$37K
11.3.2022
Bitcoin (BTC) continues to struggle within a choppy trading range. Downtrend resistance is strong around the $45,000 price level, which could cap upside moves. A short-squeeze is possible, albeit with limited upside
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...
Haven Protocol (XHV) shows strong signs of bottoming out after crashing 90%
11.3.2022
The Monero blockchain fork has surged by nearly 100% in the past five days against a rising appetite for privacy-focused cryptocurrencies
Ukraine War and the Financial Markets: the Winners and Losers So Far
11.3.2022
Gabriella Legrenzi, Senior Lecturer in Economics, Keele University; Reinhold Heinlein, Senior Lecturer in Economics, the University of the West of England, and Scott Mahadeo, Senior Lecturer in Macroeconomics, the University of Portsmouth.______ ...
Read More: Ukraine War and the Financial...
Demand for UST Keeps Rising, Luna Foundation Guard to Burn 4.2 Million LUNA From Treasury
11.3.2022
The Luna Foundation Guard (LFG), a nonprofit organization, has announced new measures to keep the supply of UST, the flagship stablecoin of the Terra ecosystem, liquid in secondary markets. The protocol has already reached the max issuance of UST per day, but demand is strong enough that...
Fed's Powell Set to Remove Punch Bowl That Lubricated Crypto Party
11.3.2022
The Fed appears set to raise interest rates next week for the first time since 2018. With inflation now at nettlesome levels and still climbing, the so-called "Fed put" is out of action, one economist said
Hedge Fund Fir Tree Makes ‘Big Short’ Bet Against Tether: Bloomberg
11.3.2022
The asymmetric bet limits the downside, but promises big profits if correct, say clients of the firm
Here’s how traders were alerted to RUNE’s, FUN’s, WAVES’ and KNC’s big rallies last week
11.3.2022
Trading volume pumps can act as early signs of dramatic price action, and there are ways to spot them early
Bitcoin Jumps to $40K as Putin Sees Positive Shift in Ukraine Talks
11.3.2022
Europe equity benchmarks and the U.S. index futures extended gains while crypto majors jumped as much as 7.6%
CoinFLEX CEO Mark Lamb Explains How flexUSD Stacks up to Other Stablecoins
11.3.2022
CoinFLEX creates innovative solutions to bring investors and crypto markets together through intuitive yield products such as flexUSD, the world’s first interest-earning stablecoin, and AMM+, the most-capital efficient automated market maker in the world. CoinFLEX is backed by crypto...
$40K Bitcoin price is in reach, but analysts warn that a sweep of recent lows is likely
11.3.2022
Sky high inflation, fear over the Fed’s expected rate hike and exploding commodity prices are all possible reasons for BTC’s recent dip below $40,000
First Mover Asia: India Loses Foreign Investment, Chinese Indices Continue a Downward Trend; Cryptos Suffer an Off Day
11.3.2022
The world's second-largest country by population has watched foreign investors flee for the last two weeks; bitcoin settles below $40,000