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Biggest Movers: DOGE up on Twitter News, WAVES Deep in the Red
25.4.2022
DOGE rallied on Monday, as traders reacted to the news that Elon Musk was possibly nearing a takeover of Twitter. While DOGE surged, AXS and WAVES were also big movers, however they were mainly in the red, as recent losses extended. Dogecoin (DOGE) DOGE was trading higher to start the week,...
Bitcoin’s Hashrate Surges Reaching a Lifetime High, Difficulty Expected to Jump Next Week
24.4.2022
Bitcoin’s hashrate tapped a lifetime high this weekend reaching 271.19 exahash per second (EH/s) on Saturday, April 23 at block height 733,197. Currently, the computational power is coasting along at 233.81 EH/s with a network difficulty change expected three days from now on April...
Metrics Show Decentralized Exchange Volumes Continue to Slide This Year
22.4.2022
Decentralized exchange (dex) volumes have been dropping since December 2021 according to current statistics. However, last month dex trade volumes spiked 2.37% higher than the volumes recorded in February. Despite the brief spike and with only eight days left in April, metrics show this...
Upcoming airdrop and boosted staking rewards send Origin Protocol (OGN) price higher
21.4.2022
OGN booked a 140% rally as increased staking rewards, the launch of a governance token and new NFT launches excite investors
Bitcoin, Ethereum Technical Analysis: BTC up to $42,550 Ceiling, as Bullish Momentum Continues
21.4.2022
BTC was once again trading higher, as bullish momentum extended during today’s market session. Bitcoin rose to its highest level in eleven days, breaking resistance of $42,500 in the process. ETH was also up, hitting a ten-day high. Bitcoin BTC climbed higher for a fourth consecutive...
Bitcoin and Ethereum Inch Higher, CAKE and THETA Accelerate
21.4.2022
Bitcoin price remained well bid above the USD 41,200 level and managed to break the USD 42,000 resistance level. It is currently (11:55 UTC) showing positive signs near USD 42,500 and is now up 1% in a day and 3% in a week.
Similarly, most major altcoins might start a fresh increase. ETH could...
Bitcoin Holding Support With Higher Price Lows; Resistance at $46K
20.4.2022
Bitcoin (BTC) buyers have been active at support over the past few months, forming a series of higher price lows on the charts. That coincides with a loss of downside momentum, which is a near-term positive for price
Fed’s Bostic Cautious About Rate Hikes as President Biden Blames Higher Prices on Covid-19 and Putin
20.4.2022
As inflation continues to wreak havoc on the lives of ordinary American citizens, all eyes are focused on the U.S. Federal Reserve’s plans to fix the situation. Meanwhile, as the St. Louis Fed president James Bullard wants to aggressively hike the benchmark bank interest rate, Atlanta...
Bitcoin, Ethereum Technical Analysis: ETH Breaks Resistance to Hit 9-Day High
20.4.2022
Bitcoin and ETH both rose to nine-day highs on Wednesday, as bulls continued to push prices higher following yesterday’s rebound. BTC moved into the $42,000 level after breaking a key resistance point, while ETH also climbed beyond its own ceiling of $3,150. Bitcoin BTC rose for a third...
Bitcoin and Ethereum Keep Inching Higher, SOL and LUNA Accelerate
20.4.2022
Bitcoin price gained pace for a move above USD 41,500 and is currently (11:47 UTC) testing the USD 42,000 level. BTC is up over 3% in a day and 4% in a week.
Similarly, most major altcoins are also moving higher. ETH surpassed the USD 3,120 resistance zone and is now up almost 3% in a day and...
Bitcoin and Ethereum Move Higher, LUNA and GMT Rally
19.4.2022
After bitcoin extended losses below the USD 38,800 level, the bulls appeared near the USD 38,500 zone. BTC is currently (04:10 UTC) recovering near USD 41,700 and is up 2% in a day and almost 3% in a week.
Similarly, most major altcoins are also recovering. ETH neared USD 3,040 and is now...
Economist Predicts the Fed’s Response to Inflation Will Push Crypto Higher
19.4.2022
Allianz Chief Economic Advisor Mohamed El-Erian says that the Federal Reserve’s response to inflation will cause the prices of cryptocurrencies, like bitcoin, to “go higher.” He noted: “That’s what you get when you’ve waited too long to recognize what...
Biggest Movers: WAVES, GMT, and EOS Among Big Gainers on Easter Weekend
16.4.2022
Following recent declines in price, WAVES climbed higher to start the weekend, as crypto markets moved marginally higher. Some of the biggest contributors to the gains were EOS and GMT, which both rose by over 6%. EOS EOS rose for a second consecutive session to start the weekend, as prices raced...
Biggest Movers: RUNE, ZIL Rebound Following Recent Losses, Trading Nearly 20% Higher
14.4.2022
ZIL was up by more than 20% in Thursday’s session, as prices rebounded following a string of recent drops. RUNE was also up by over 15% today, as it hit its highest point so far this week. Overall, the global crypto market cap is up 2.08% as of writing. Zilliqa (ZIL) Following almost...
Algorand Looks to Prove Why Algoracle Is Needed in the Contemporary Blockchain and Crypto Sector
14.4.2022
PRESS RELEASE. As the complexity of current dApps (decentralized applications) on Algorand grows, so must the infrastructure, notably oracles, to enable significantly higher and better feature sets. In the Algorand ecosystem, Algoracle’s opinions on off-chain computing are therefore worth...
Bitcoin and Ethereum Inch Higher, LUNA and AVAX Outperform
14.4.2022
Bitcoin price formed a base above the USD 39,500 zone. As a result, BTC started a steady upward move above the USD 40,500 resistance. It is currently (03:39 UTC) showing positive signs above USD 41,300 and might eye a move above the USD 42,000 resistance zone. BTC is up 3% in a day, trimming...
Biggest Movers: WAVES Falls to 1-Month Low, BCH Over 10% Higher on Wednesday
13.4.2022
WAVES fell to a one-month low during Wednesday’s trading session, as prices dropped for a second consecutive session. This came as BCH rallied by over 10% on hump-day, hitting a five-day high in the process. Overall, the crypto market cap is 1.17% higher as of writing. Bitcoin Cash (BCH)...
Biggest Movers: SHIB up Almost 20% Following Robinhood Listing, Near Also Higher
12.4.2022
Shiba inu (SHIB) was one of the biggest gainers in crypto markets on Tuesday, as Robinhood added the meme coin to its list of crypto offerings. This came as the trading app also added a host of others, including SOL which also gained following recent losses. Shiba Inu (SHIB) Shiba inu (SHIB)...
US Inflation Hits 8.5%, Slightly Higher Than Expected
12.4.2022
US headline inflation for March came in at 8.5%, slightly above analysts’ expectations. The number is up markedly from February’s reading of 7.9%. (This is a developing story and is being updated as new details and reactions emerge.)...
Read More: US Inflation Hits 8.5%, Slightly Higher Than...
This Week’s NFT Sales Dropped by 13%, Ronin Markets Rebound, Clonex Climbs Higher
10.4.2022
Non-fungible token (NFT) sales have been lackluster this past week, as the aggregate sales volume during the last seven days has dropped 13.75% since last week. The largest number of sales stemmed from Ronin this week as 45,875 buyers increase Ronin-based NFT sales by more than 72%. The...