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Dogecoin is on the rise: Will DOGE reach $1 in 2023?
31.1.2023
Dogecoin is a popular meme coin backed by Tesla CEO Elon Musk, who regarded it as a ‘People’s Coin.’ At the time of writing, DOGE was up more than 5% in 24 hours, and the candlesticks are forming in the upper Bollinger Bands from the second week of January 2023, which suggests a short-term...
Ethereum Price Prediction as ETH Rallies Above $1,600 – Can ETH Reach $10,000 in 2023?
30.1.2023
The value of the largest smart contracts platform, Ethereum continues to gain strength against the US dollar, especially with its recent move above $1,600. Recovery is expected to continue after the Federal Open Market Committee (FOMC) meeting and decision on the interest rate hike in...
Bitcoin Difficulty Surges 4.68%, Taps New All-Time High; Metric Set to Surpass 40 Trillion
29.1.2023
The Bitcoin blockchain recorded another difficulty increase on Sunday, Jan. 29, 2023, at block height 774,144. The network’s difficulty increased by 4.68%, from 37.59 trillion to an all-time high of 39.35 trillion. Bitcoin Difficulty Reaches New All-Time High as Mining Gets Tougher...
Stablecoin Economy Sheds Another $3 Billion in 44 Days
28.1.2023
The stablecoin economy continues to deplete as more than $3 billion has been erased from the stablecoin market ecosystem over the last 44 days. While statistics show that tether’s market valuation has risen by 2% over the last 30 days, usd coin’s market cap slid by 2.9%, BUSD...
Terra Luna Classic Price Prediction – Can LUNC Hit $3 in 2023?
28.1.2023
LUNC, a token worth roughly over $1 billion on the Terra Classic protocol, is edging closer to a 17.54% move that could propel it to $0.00021. Meanwhile, the 50th largest cryptocurrency’s value increased by 6.5% in 24 hours and is trading at $0.0001775 at the time of writing.
Investors...
Shiba Inu Price Prediction as $300 Million Trading Volume Comes In – Are Whales Buying SHIB?
27.1.2023
Shiba Inu price is up a colossal 50% from December lows of $0.00000774, although the meme token’s recovery reached January highs of $0.00001292 last week. Investors appear to be shifting their attention to the second-largest meme coin, which has in 24 hours witnessed a spike in trading volume...
Bitcoin Difficulty Set to Rise 3.82% to All-Time High of 39 Trillion Following Recent Increase
27.1.2023
The Bitcoin network is set to record another meaningful difficulty increase on Sunday, Jan. 29, 2023, as current estimates expect it to rise 3.82% higher. The change follows the last difficulty retarget, which advanced by 10.26% to the current all-time high of 37.59 trillion. Block Time Breakdown:...
Cardano Price Forecast as ADA Pumps Up 50% From Bottom – ADA to $10 Soon?
27.1.2023
Carrano price bulls have slowed down an aggressive four-week push that saw the token’s value grow by 45.5% in 30 days. The eighth-largest cryptocurrency, boasting $13.2 billion in market capitalization, holds slightly in the green backed by a 0.9% increase in 24 hours. The 50% pump from the bottom...
Polygon (MATIC) crosses $1: what is the next target?
27.1.2023
Polygon is a layer-two scaling solution that runs alongside Ethereum blockchain. Last month Polygon provided a good return to its investors, but overall, MATIC’s price has been under a downtrend. At the time of writing this analysis, MATIC/USD is trading around $1.1, suggesting a resistance...
Binance stablecoin BUSD sees a sharp market cap drop amid solvency and mismanagement worries
26.1.2023
Persistent worries about Binance’s solvency, increased regulation of the crypto sector and questionable use cases are chipping away at BUSD’s market capitalization
Algorithmic stablecoin market share dropped by 10x from ATH: Report
26.1.2023
The stablecoin market in general is going through hard times, though it's the algorithmic coins that suffered the most
Binance USD Stablecoin Sees $2B Reduction in a Month Amid Token Mismanagement
25.1.2023
BUSD’s circulating supply fell to $15.4 billion on Wednesday, paring down $1 billion over the past week and $2 billion in a month, according to cryptocurrency price tracker CoinGecko
Ethereum vs. Bitcoin: ETH price risks 20% drop if key support level breaks
24.1.2023
ETH price has repeatedly failed to break above a key trendline resistance and now Ethereum risks losing a strong technical support as well
Solana Price Prediction as SOL Jumps Up 68% in Just Two Weeks – How High Can SOL Go in 2023?
24.1.2023
Solana price has upheld support above $20.00 against all odds and on the backdrop of the implosion of FTX, which threatened the survival of the ecosystem. The first meme coin on Solana, BONK Inu (BONK) had everything to do with SOL’s initial rally that kicked off in late December. Solana price...
Cathie Wood: Ark dumps 500K GBTC shares, adds Coinbase stock as Bitcoin recovers 40%
23.1.2023
Ark's GBTC weight in the portfolio actually increased despite the fund selling 500,000 shares in the past month
Ethereum continues the uptrend: Is it an open road for $2K?
23.1.2023
Ethereum is the leading cryptocurrency in the industry, and it became even more popular after the Merge upgrade in 2022. Ethereum is a sustainable and eco-friendly cryptocurrency. That is why many investors are curious about the future potential of ETH. At the time of writing this post, ETH...
Binance Banking Partner to Ban Crypto Trading Transfers Under $100K
22.1.2023
Clients of one of the banks facilitating fiat operations with Binance will not be able to trade crypto through SWIFT transfers of less than $100,000. The transaction minimum, aimed at reducing exposure to digital assets, will be introduced by the financial institution in February. Bank Working With...
Binance's SWIFT banking partner set to ban USD transfers below $100K
22.1.2023
Binance stressed that credit and debit card payments will continue to be accepted and that non-USD bank transfers would still be processed through the SWIFT payment system
XRP faces tough resistance as prices consolidate below $0.40!
20.1.2023
Ripple (XRP) is a digital asset and blockchain platform that is designed for use in the global financial system. The tokenomics of XRP centers around its use as a means of facilitating cross-border payments and providing liquidity for financial institutions. One key feature of XRP is its capability...
Will Solana (SOL) hit the $50 mark in 2023 beginning?
20.1.2023
Solana is a leading cryptocurrency in the industry, and it will regain the pre-FTX level within a few months. At the time of writing this post, SOL was trading around $21.55, forming a short correction on the upper Bollinger Bands that may come to the level of $17. It would be an ideal time...