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Bitcoin Price Prediction as BTC Bounces From $16,000 – Can it Go Lower?


On November 29, the Bitcoin price prediction remained bearish under the $16,650 resistance level as the "Risk-off" sentiment continued to dominate the global financial markets. BlockFi is the latest victim of the FTX collapse, and it's a lender in the troubled cryptocurrency space that has filed...

Kiln raises $17 million in Series a funding


Kiln recently announced the conclusion of its Series A funding round. The platform collected over 17 million dollars with the help of names like Illuminate Financial, ConsenSys, Kraken Ventures, GSR, Leadblock Partners, Sparkle Ventures, etc. The news was shared through the official Twitter account...

Ethereum (ETH) tends to retest the support of $1075


Ethereum is considered a benchmark for the market movement after BTC to ascertain whether it’s a good time to enter into cryptocurrencies or not. The volatile price action in ETH charts showcases a complex road ahead in the prospects. While smart contacts and the use of blockchain are on...

Bitcoin at $16K: Will BTC turn long-term bearish?


Bitcoin is the most popular cryptocurrency with a wide range of use cases. Many crypto enthusiasts regard it as a market leader because rally shown in 2020-21. Since the beginning of this year, 2022, it has been in a downtrend, and still, it is continuing its negative sentiment even in November....

Abracadabra reaches out to SushiSwap to save $10M


The team at Abracadabra is extremely concerned at the present moment. It has earnestly reached out to SushiSwap, to effectively carry out all of the necessary alterations in terms of two of its Bento vaults. These contain an amount of $10 million, which happens to be the assets of its users....

XDAO closes $2.3 million seed round


On November 26th, XDAO announced that it had raised a $2.3 million seed round. XDAO is a Singapore-based firm that develops and manages tools for creating Decentralized Autonomous Organizations (DAOs). Investors like Hello Telos, PANONY Group, Grizzly Capital, Afford Capital, YellowRocksVC, Crypto...

Bitcoin Price and Ethereum Down 5% amid China Lockdown - Time to Buy?


The leading cryptocurrency, Bitcoin, failed to break a descending triangle pattern and fell over 3% to $16,160 amid an increased level of FUD in the market.  Likewise, the second-most valuable cryptocurrency, Ethereum, has followed Bitcoin's lead and fallen sharply by nearly 5% to $1,171.... Read...

Bitcoin Price Prediction – Was $15,500 the Bottom?


Following the rebound above $15,500, Bitcoin price prediction remains neutral during the European session. Since then, BTC has been trading in a narrow range of $16,350 to $16,750. The market's volatility is low this weekend, and thin trading keeps price action limited. Was $15,500 the bottom?...

Bitcoin Price and Ethereum Trade Sideways, Huobi Token Storms 58%


The leading cryptocurrency, Bitcoin, failed to break above the $16,800 level on November 27 and began to fall toward the 38.2% Fibonacci retracement level. Similarly, the second most valuable cryptocurrency, Ethereum, has followed Bitcoin's lead and is trading bearishly above $1,200. Major...

Proximity Labs declares a funding amount of $10 million


Proximity Labs has taken the firm decision to make a formal declaration of a funding amount of $10 million. This is coupled with other investors in the fray, such as Orderly Network, Spin, and Tonic. Primarily, this will aid in the development of decentralized orderbook solutions at the NEAR...

Bitcoin Price Prediction as BTC Holds Strongly Above $16,000 – Time to Buy?


As the market celebrates Thanksgiving, Bitcoin trades sideways on November 25, maintaining a narrow range of $16,350 to $16,700. The crypto market sentiment remains "risk-off" due to FTX-driven fear, uncertainty, and doubt (FUD). The failure of FTX, one of the largest cryptocurrency exchanges...

MakerDAO expects $1.5M bad debt after FTX’s liquidity crisis!


MakerDAO, the largest decentralized finance protocol, has announced plans to liquidate heavily leveraged vaults to prevent excessive bad debt. They tweeted:   “Due to liquidations being previously disabled on the mentioned vault types, some positions accrued interest above their collateral value...

Litecoin breaks the $65 resistance: Is LTC set to reach $100?


Litecoin is very similar to Bitcoin, which is mainly used for small transactions. LTC is the native coin and is currently in high demand. That is why it broke the previous resistance even after the fall of the FTX liquidity crisis. When many altcoins are forming yearly lows, LTC is trading close...

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