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Value Locked in Defi Climbs Higher, Polkadot TVL Spikes, Terra’s LUNA Sheds 21%
30.1.2022
On Sunday, January 30, 2022, the top smart contract protocol tokens by market capitalization is $592 billion or 32.66% of the $1.8 trillion crypto economy. Meanwhile, the total-value locked (TVL) in decentralized finance (defi) protocols is $192.42 billion up 5.28% since January 23. Defi TVL Climbs...
Technical Analysis: Flow Climbs Close to 30% to Enter Top 50
29.1.2022
Flow is trading almost 30% higher on Saturday, as the majority of the crypto top 100 are in the green. Today’s move sees flow also enter the top 50 cryptocurrencies by market cap. Biggest Gainers Following a bearish end to the working week, cryptocurrency markets are green across the board...
Bitcoin, Ethereum Technical Analysis: Bitcoin Moves Higher as Crypto Markets Rebound on Saturday
29.1.2022
Following two consecutive days of losses, bitcoin and ethereum both rebounded strongly to start the weekend. Crypto markets were trading close to 5% higher on Saturday. Bitcoin The world’s largest cryptocurrency regained some upward momentum on Saturday, as bitcoin bulls appeared to have...
Technical Analysis: Terra Luna Drops 20%, While Symbol Token Climbs on Friday
28.1.2022
Terra (Luna) was one of this week’s biggest crypto losers, falling by as much as 20% during Friday’s session. Declines in terra came as cosmos (ATOM) also had a double-digit decline. Biggest gainers Although crypto markets were mainly trading in the red, symbol (XYM) was one of...
Technical Analysis: DAI Overtakes Cosmos, as Warner Deal Sends the Sandbox Higher
27.1.2022
The price of cosmos (ATOM) continued to decline on Thursday, while sandbox rallied following its partnership with Warner Music Group. Overall, crypto prices were trading 3% lower in today’s session, after yesterday’s FOMC announcement. Biggest gainers The token sandbox (SAND) was...
Bitcoin and Ethereum Inch Higher Above Key Supports, THETA Rallies
27.1.2022
Bitcoin price started a fresh decline after it failed to stay above USD 38,000. BTC declined below USD 36,500, but it managed to stay above USD 35,000. It is currently (11:55 UTC) moving higher above USD 36,700.
Similarly, most major altcoins are trading above key support levels. ETH found...
Technical Analysis: Cosmos Decline Continues, as Polygon Surges
26.1.2022
Ahead of Wednesday’s FOMC meeting, cryptocurrency markets were once again trading higher, with polygon (MATIC) being one of today’s biggest gainers. Despite the top 20 mainly trending upward, some in this list were mainly lower during the course of the session. Biggest Gainers Polygon...
Bitcoin, Ethereum Technical Analysis: ETH Nears 10% Gain, BTC Inches Toward $40,000
26.1.2022
Days after falling to a 6-month low, bitcoin rose for a second consecutive session, as prices slowly approached its key level of $40,000. Today’s gain in BTC comes as the global crypto market cap was 4.7% higher from yesterday’s session, as of writing. Bitcoin The world’s...
Bitcoin and Ethereum Keep Moving Higher, AVAX and MATIC Jump
26.1.2022
Bitcoin price started an upside correction above the USD 36,000 resistance zone. BTC was even able to clear the USD 37,000 level. It is currently (04:15 UTC) showing positive signs near USD 37,400 but is facing a key hurdle near USD 37,500.
Similarly, most major altcoins are also moving higher....
Technical Analysis: Meme Coins, Avalanche Move Higher on Tuesday
25.1.2022
Meme coins were higher on Tuesday, as the global cryptocurrency marketplace rebounded from recent declines in price. Both DOGE and SHIB were trading close to 7% higher during the session. In addition to the meme coins, there were several other gainers on Tuesday, as both traders and long-term...
Bitcoin, Ethereum Technical Analysis: BTC Bounces Back After Monday’s Selloff
25.1.2022
Following Monday’s selloff, cryptocurrency markets mostly rebounded across the board, with bitcoin and ethereum prices rallying by as much as 10%. Overall the global crypto market cap was over 6% higher from yesterday’s session. Bitcoin Bitcoin, which fell to an intraday low...
Bitcoin and Ethereum Inch Higher, ATOM Jumps
25.1.2022
Bitcoin price found support near USD 33,000 and started an upside correction. It is currently (04:15 UTC) up 3%, is trading near USD 36,500 and facing resistance near USD 37,000.
Similarly, most major altcoins are attempting an upside correction. ETH spiked towards USD 3,150 before recovering...
Technical Analysis: Cosmos Climbs Higher, While Solana’s Fall Continues
24.1.2022
After trading lower for the majority of Monday’s session, cryptocurrency prices were slowly starting to find support, with a few markets rallying, as we headed toward the end of the day. Cosmos One such crypto was cosmos (ATOM), which was the biggest gainer in the top 20, climbing by almost...
Bitcoin’s Price Drop and the Network’s Higher Difficulty Squeezes BTC Mining Profits
23.1.2022
After Bitcoin’s mining difficulty jumped to the highest value ever at 26.64 trillion, the overall hashrate slumped a hair due to the rise in difficulty and lower bitcoin price. This weekend, Bitcoin’s hashrate is coasting along at 189 exahash per second (EH/s), after dropping to a...
Low Volumes Across Crypto Spot Markets and Derivatives Indicate Bearish Conditions
23.1.2022
Digital currency markets have slipped significantly in value during the last two weeks and the lower prices have not sparked higher trade volumes. Data shows cryptocurrency spot market volume has slipped from $1.4 trillion in November 2021, to this month’s $593 billion in volume. Bitcoin...
Bitcoin Mining Difficulty Reaches Lifetime High, It’s Now More Difficult Than Ever Before to Find a Block Reward
21.1.2022
Following the drop in value during Thursday evening’s trading sessions, Bitcoin’s mining difficulty rose to a lifetime high, reaching 26.64 trillion after jumping 9.32% at block height 719,712. The mining difficulty’s all-time high (ATH) is now higher than the ATH it reached...
Dollar Fails To Catch A Lift From Higher Yields, Bank Of Japan In Focus
18.1.2022
Bank of Japan’s meeting on January 18, 2022, has come out as a turning point for the current month. Two issues were discussed with the main emphasis on the Bank of Japan committing to fix its monetary policies. Another issue that the committee worked out in the meeting was the revision of...
Crypto Job Postings Increased 400% in 2021 According to Linkedin
18.1.2022
According to new data from Linkedin, a professional work-based social network, the number of cryptocurrency-related job postings soared in 2021. The increase was even higher than the general increase in tech-related job postings. The nature of these posts is also diversifying, with various...
15 Privacy Coins See Double-Digit Weekly Gains, Monero Jumps 13%, Secret Gains 50%
17.1.2022
Despite the fact that regulations have tightened and bureaucrats worldwide are scrutinizing cryptocurrency usage, a few privacy coins have jumped considerably higher in value over the last week. Monero jumped 13% during the last seven days, while the token secret increased 50%, and dusk spiked...
Cardano Price Surges After Metaverse Project Launch, ADA Gains More Than 30% in 7 Days
17.1.2022
The smart contract token cardano has surged in value during the last 24 hours after a metaverse project called Pavia launched. Seven-day statistics indicate that cardano’s price has spiked 30.9% over the week and took over the fifth-largest crypto market cap position on Sunday evening (EST)....