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Solana tumbles 50% over the last month: Will SOL regain $30?
15.12.2022
Solana is a fast, scalable dApps and trading platform which can process up to 60K transactions per second. At the time of writing this analysis, SOL/USD has plunged 50% from its support of $30 after the FTX liquidity crisis. Now, it is trading around $14.19, forming support in the lower Bollinger...
TRON is likely to regain its previous support of $0.06
15.12.2022
At the time of writing this technical analysis, TRON is trading around $0.055, which formed the yearly low of around $0.045 last month after breaking the previous support of $0.06. It is interesting to note the volatility between November 8-11. The daily chart observed much volatility that suggests...
Shiba Inu Price Prediction – Can SHIB Reach 1 Cent?
15.12.2022
Shiba Inu price has snapped out of a short-term bullish stint that saw it tag $0.00000935. The second-largest meme coin regained the ground after revisiting support established at $0.00000840....
Read More: Shiba Inu Price Prediction – Can SHIB Reach 1 Cent?
Avalanche (AVAX) attempts to breach the $14 upper band of its consolidation!
14.12.2022
Blockchains at the current time are being used for processing multiple different types of transactions. Processing all of them throughout the main blockchain can often lead to bottlenecks and lesser TPS. Avalanche handled such situations by creating three distinct chains, namely X-Chain,...
XRP regains the support of $0.4: Should you invest now?
14.12.2022
Ripple (XRP) is a digital asset built for global payments. At the time of writing this analysis, XRP/USD is trading around $0.39, which is a crucial level because, in the last year, it worked as a resistance and support for the short term. Between May-June, it was a support, and it broke the level...
Will Bitcoin (BTC) break out of the $17K mark?
14.12.2022
Bitcoin is a leading decentralized payment protocol with the highest market cap in the crypto industry. At the time of writing this post, BTC USD is trading below $18K, and it is one such cryptocurrency that has yet to regain the previous support after the fall of the FTX liquidity crisis in...
Cardano Price Forecast – Can ADA Blast Up to $1 This Week?
14.12.2022
Cardano price is posting modest gains as investors shrug off FTX's Samuel Bankman-Fried (SBF) arrest. Investors are focusing more on the recently released United States inflation data and the Federal Open Market Committee's decision on the interest rate.
The ninth-largest cryptocurrency jumped...
Poloniex Futures Championship: Join to win a Maserati & $1,000,000 reward!
14.12.2022
Poloniex Futures has served a huge customer base for two years since its launch. However, the platform is pursuing great heights to pay back enormously to all its customers by 2023 for their long-standing support. Poloniex Futures is a rather new yet thriving platform for traders and investors...
Ethereum Classic finds support from $18 for the short term!
13.12.2022
In the war, better good vs. better, Ethereum might have taken a giant leap with its movement towards proof of stake validation. While ETH simultaneously lost just 35%, Ethereum Classic’s price slipped by over 55%. The growing difference, even after the expectations that miners will be heading...
Bullish DASH is aiming toward $60: Should you invest now?
13.12.2022
Dash is a fork of Litecoin, which itself is a fork of Bitcoin. Dash’s name comes from the two phases, ‘Digital’ and ‘Cash.’ It aims to be a better version of both Litecoin and Bitcoin. There are many other privacy-centric cryptocurrencies, but features like Masternodes, PrivateSend,...
The Graph (GRT) continues the consolidation: Ready to hit $0.1
13.12.2022
The Graph is a leading platform that allows users to buy/sell cryptocurrencies with cards and bank transfers. It is a popular choice for crypto enthusiasts. Although it formed at a 52-week low last month, it is recovering well. At the time of writing this post, GRT/USD is trading around $0.066...
Lodestar Finance loses $6.9 million to an attacker’s manipulation on GLPOrcale
13.12.2022
Lodestar Finance, one of the best Money Markets in the industry at the moment, has lost nearly $6.9 million funds to an oracle exploit. The hacker has drained all the deposits, forcing the platform to set its interest rate to zero. Negotiations are underway by the platform. Until then, the zero...
XRP Price Prediction as Cardano Founder Warns Ripple Lawsuit May Be Settled by December 15 With a 'Catastrophic Impact' – Here's What That Means for XRP
13.12.2022
The lawsuit against Ripple Labs, the company that issues XRP, filed by the US Securities and Exchange Commission (SEC), could be coming to its ultimate end after a two-year stint. Charles Hoskinson, the founder of Cardano (ADA), has weighed in on the case's likely outcome, warning that it could...
Tron’s Stablecoin USDD Deviates From the $1 Peg, Justin Sun Says Team Deployed More Capital
12.12.2022
The Tron-based stablecoin USDD has once again dropped below the $1 parity to a low of $0.969 on Monday, Dec. 12, 2022. Amid the drop in USDD’s value, Tron founder Justin Sun tweeted that his team was “deploying more capital,” and the stablecoin’s web portal usdd.io claims the project...
Polygon (MATIC) battles with $0.95: Is another drop coming?
12.12.2022
Polygon is a layer two scaling platform on Ethereum architecture. It combines the proof of stake and plasma framework to resolve the scalability issue that negatively impacts the blockchain industry. MATIC is the native coin of the Polygon network. While writing this analysis, the price of Polygon...
Balaji Srinivasan Says FTX Is a Preview of State Failure, USD Bank Accounts Could Be Frozen or Inflated to Worthlessness
12.12.2022
Angel investor Balaji Srinivasan says the collapse of crypto exchange FTX should be treated as “a preview of state failure.” He warned that one day U.S. dollar bank accounts “may be frozen or inflated to worthlessness,” emphasizing that the authorities “will show...
Coinbase Entices Users to Switch From USDT to USDC, Crypto Firm Says Recent Events ‘Put Some Stablecoins to the Test’
9.12.2022
Coinbase, one of the largest cryptocurrency firms in the industry, has published a blog post that tells users to “switch to the trusted and reputable digital dollar,” referring to the stablecoin asset usd coin. The company’s blog post specifically mentions switching...
Bitcoin Price Prediction $20 Billion Trading Volume Pushes BTC Back Above $17,000 – Here’s Where It’s Headed Next
9.12.2022
On Friday, the BTC/USD pair traded strongly bullish, rising above the $16,750 level to $17,350. However, the stronger-than-expected US PPI figures from the Bureau of Labor Statistics have triggered a minor bearish correction, causing BTC to lose nearly 1.50% in the last few hours....
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Ethereum strongly holds the support of $1200: What’s Next?
9.12.2022
Ethereum has been in the news this year because of its Merge upgrade. Crypto enthusiasts expect a rally because Ethereum has become the leading energy-efficient decentralized network that runs on a proof of stake consensus with a wide range of use cases. Only a few cryptocurrencies are less...
Metagood raises $5 million toward positive social impact
9.12.2022
Metagood announces that it has raised $5 million from inventors, including Animoca Brands, Mark Yusko, and Freddie Andrewes. The objective is to expand the social impact that the for-profit NFT startup has created. Funds raised in the pre-seed round are deployed in three major areas: community...