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

28.11.2022
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

28.11.2022
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

28.11.2022
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?

28.11.2022
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?

27.11.2022
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%

27.11.2022
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

25.11.2022
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?

25.11.2022
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!

25.11.2022
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?

25.11.2022
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...

Cosmos-based DeFi protocol Onomy gets $10M funding

25.11.2022
Onomy Protocol, a Cosmos-based DeFi protocol, has been able to successfully get a funding of $10 million for itself. For the uninitiated, the protocol is also a decentralized protocol for financial transactions. This enormous success was made possible by the participation of many investors who each...

Cardano continues bearish movement: Will ADA break the $0.29 level?

24.11.2022
Cardano is a leading cryptocurrency that offers interchangeability between different blockchains. ADA is a native coin that has a fixed supply. However, during this downtrend, the price of Cardano is forming a new yearly low of around $0.29, and the current price is just above the yearly low....

BNB makes a strong comeback from the $250 level!

24.11.2022
BNB holds the 4th spot in terms of market capitalization and is perhaps the best new-age cryptocurrency that dominates as a crypto exchange. Despite its 80% circulating supply, BNB is frequently auto-burnt to maintain a degree of decentralization. The abundance of tokens available and listed on...

Bitcoin Price Prediction as FOMC Minutes to Blast BTC Into Bullish Territory

23.11.2022
Bitcoin failed to maintain its upward trend on November 23 and fell below $16,650. However, following the release of dovish FOMC meeting minutes, Bitcoin is gaining bullish momentum.   According to FOMC minutes, Fed officials' "Substantial Majority" see rate hikes slowing "soon." Most Open Market...

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