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Bitcoin Falls Back to Support; Will BTC Make a U-Shaped Recovery?
30.9.2022
Bitcoin has been reeling under massive volatile price action, with the outlook of this token seemingly negative in the short term. From a broader perspective, things look dimmer, but dip buyers are happy to add more BTC to their holdings. BTC’s previous low in June 2022 was near $18000, and...
Compound (COMP) Recovery Looks Strong for a Bull Run!
29.9.2022
A compound is a platform to borrow and lend crypto assets without a central authority. The lenders are like investors who want to generate more value, but borrowers pay interest on the amount. The crypto assets enter into a liquidity pool where a series of smart contracts match the available loans...
Zcash Price Analysis: ZEC Crypto Tries for a Recovery!
26.9.2022
Zcash gained prominence out of its features that defeated the anonymous promises of major cryptocurrencies. The ZEC token didn’t reveal its users’ identities or the amount being processed. However, there is an option for relieving this autonomous data to authorities for auditing or meeting...
LBank Donated Relief Goods to Pakistan Flood-Hit Areas for Recovery Efforts
23.9.2022
In the last few weeks, torrential monsoon rains caused devastating floods that badly damaged a few parts of Pakistan. As a result, thousands of people from Punjab, Balochistan, Sindh, and Khyber Pakhtunkhwa have migrated from their homes to shelters. The most affected area of Pakistan was Swat...
XRP Price Storms 20%, Leads Recovery in Bitcoin and Ethereum
23.9.2022
Bitcoin price managed to escape a bearish breakdown below the $18,000 support. BTC is currently (03:10 UTC) trading above $19,000. A clear move above the $19,550 and $19,600 resistance levels might start a decent increase.
Similarly, most major altcoins are moving higher. ETH gained over 5%...
Why Nasdaq’s Crypto Move Lays the Ground for a Ballistic Recovery in Digital Asset Prices
21.9.2022
Nasdaq has launched a new dedicated digital assets unit to cater to institutional investors. The move by the second-largest stock exchange by market capitalization globally could mark a ballistic price recovery point for the struggling cryptocurrency market.
In a statement to Bloomberg, Nasdaq...
XRP, Ether Lead Recovery in Crypto Majors as Markets Prepare For Outsized Fed Hike
20.9.2022
The US central bank is expected to again hike rates by 75 basis points on Wednesday
Bitcoin Price and Ethereum Consolidate, Recovery Could Be Capped
19.9.2022
Bitcoin price remained in a bearish zone below the $19,000 level. BTC is currently (11:00 UTC) consolidating near the $18,500 level. A short-term recovery wave could face resistance near the $18,865 and $19,000 levels.
Similarly, most major altcoins might face resistance if there is a recovery...
Cardano Shows No Recovery Sign; ADA on the Verge of Another Decline!
16.9.2022
The Cardano platform is approaching the Vasil hard fork upgrade, while the remaining candidates have generated 94% of the blocks. Many experts think this hard fork is the second most anticipated event in the crypto industry. As a result, the ADA price is expected to rise in the next few weeks. ...
Top Cryptocurrencies Making Gains Today 8 Sep – Best Coins for Strong Recovery
8.9.2022
With the markets still down significantly from ATHs, many are wondering which cryptocurrencies provide the best potential for returns in the coming weeks and months.
As always, there are a range of options to choose from when it comes to portfolio allocation, and some options are better than...
Bitcoin and Ethereum Consolidate Losses, Recovery Could Be Limited
7.9.2022
Bitcoin price declined heavily below the USD 19,500 support. BTC even settled below the USD 19,000 level. It is currently (11:20 UTC) consolidating losses above the USD 18,500 level, with slim chances of a recovery wave.
Similarly, most major altcoins are consolidating losses. ETH is stuck near...
Analysts Predict Massive Capitulation for Bitcoin - But How Long Before Recovery?
7.9.2022
A massive capitulation could be ahead for bitcoin (BTC) if some analysts are to be believed. But according to others, it’s just a matter of time before money printers are turned back on around the world and BTC rises in response....
Read More: Analysts Predict Massive Capitulation for Bitcoin -...
What is a seed phrase and why is it important?
27.8.2022
It’s crucial to remember your seed phrase, which is a string of random words produced by your cryptocurrency wallet when you initially set it up
Celsius bankruptcy proceedings show complexities amid declining hope of recovery
26.8.2022
Celsius Network’s bankruptcy proceedings have highlighted that the firm has misrepresented many of its assets with deep complexities in its operations
Crypto Exchange Zipmex Appoints Restructuring Firm to Forge Recovery Plan
26.8.2022
Cryptocurrency exchange Zipmex has appointed a restructuring and financial firm to assist with a recovery plan after it was forced to halt withdrawals and seek protection from creditors
Zipmex requests meetings with Thai regulators to discuss ‘recovery plan’
26.8.2022
The firm stated that its potential investors will also attend the meetings, which will include Zipmex, Thailand's SEC, and government agencies
Ether Leads Crypto Recovery on Merge Confirmation, but Traders Remain Cautious
25.8.2022
One trader said that buying ether ahead of the merge is likely an overextended play
Ethereum Classic (ETC) Heads to Cross $40 As It Records Recovery
25.8.2022
Ethereum Classic blockchain is an exact copy of the more popular Ethereum blockchain, emphasizing smart contracts and providing supporting platforms for decentralized applications. ETC price action has mostly remained trapped in a narrow zone with high volatility since several Proof-of-Work-based...
Moody’s States Inflation Is Affecting Economic Recovery in Part of Latam
25.8.2022
Moody’s, the asset quality rating agency, has warned the high rate of inflation that some countries are facing in Latam will affect the economic recovery in the region. Brazil, Chile, and Mexico are said to be the countries more affected by this phenomenon, and their recovery will depend...
Bitcoin and Ethereum Start Recovery, ETC and ATOM Rally
25.8.2022
Bitcoin price remained supported above the USD 21,000 zone. BTC started a recovery wave and climbed above the USD 21,500 zone. It is currently (04:00 UTC) showing a few positive signs and might rise towards the USD 22,000 level.
Similarly, most major altcoins are slowly moving higher. ETH was able...