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Avalanche correction risk rises after AVAX price soars 80% from January lows
8.2.2022
Strong network growth underpins AVAX's recent price gains, but a multi-month technical pattern continues to pose downside risks for the Avalanche token
Bitcoin rebound hits $45.5K as focus switches to future support retests
8.2.2022
It's been "up only" in recent days for Bitcoin price action, but when a retracement hits, hopes are pinned on $40,000 holding
Bitcoin and Ethereum Keep Gains Above Key Hurdles, MATIC, SHIB, and XRP Rally
8.2.2022
Bitcoin price remained in a positive zone above the USD 40,000 resistance. BTC cleared the USD 43,500 resistance level and spiked towards USD 44,500. It is currently (04:09 UTC) consolidating gains near USD 44,200.
Similarly, most major altcoins are gaining bullish momentum. ETH was able...
KPMG in Canada Makes First Direct Crypto Investment — Adds Bitcoin, Ether to Corporate Treasury
8.2.2022
KPMG in Canada has added bitcoin and ether to its corporate treasury in what the company called a “first-of-its-kind investment.” KPMG said: “This investment reflects our belief that institutional adoption of crypto assets and blockchain technology will continue to grow...
Polygon Raises $450 Million From Sequoia Capital India, Softbank, Shark Tank’s Kevin O’leary
7.2.2022
The blockchain project Polygon announced it has raised $450 million on Monday in a fundraising round led by Sequoia Capital India with participation from more than 40 venture capital firms. Polygon says that the money will allow the team to help scale Ethereum and bolster the mass adoption of Web3...
Technical Analysis: SHIB Climbs 50% Higher, as Meme Coin Hits $16 Billion Market Cap
7.2.2022
Shiba inu (SHIB) is up over 50% as of writing, with cryptocurrency markets continuing to gain momentum to start the week. The so-called ‘meme coin’ rally has seen SHIB recapture a $16 billion market capitalization. Biggest gainers On Monday, bitcoin (BTC) and ethereum (ETH) both...
Crypto Market Sentiment Improves, Bitcoin & Ethereum Gain, ATOM Drops
7.2.2022
Following a week of strong performance in the crypto market, sentiment among market participants is also improving. According to the market sentiment analysis service Omenics, the average 7-day sentiment score (sentscore) for 10 major cryptoassets reached 4.86 today, up from 4.39 a week ago....
Polygon's USD 450M Boost, Inflows in Bitcoin Grow, ETH Still Sees Outflows + More News
7.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Polygon's USD 450M Boost, Inflows in Bitcoin Grow, ETH Still Sees Outflows + More News
Bitcoin Climbs Above USD 43K, Analysts See a Bull Long-term Too
7.2.2022
While bitcoin (BTC), ethereum (ETH), and most of the broader crypto market rose higher in price today, a number of researchers and analysts are arguing that the crypto market may be bottoming out and that it could be in for a bullish ride later in the year, prompted by a number of possible...
Bitcoin, Ethereum Technical Analysis: Bitcoin Hits $43,000 After Tesla Announcement
7.2.2022
Following a strong weekend, bitcoin’s surge continued to start the week, as Tesla announced close to $2 billion worth of holdings in BTC. Overall, crypto markets were around 3% higher on Monday. Bitcoin Bitcoin, which consolidated for the majority of last week, moved closer to a three-week...
Price analysis 2/7: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX
7.2.2022
Bitcoin and several altcoins are close to strong resistance levels, which may result in a minor pullback in the short term
Bitcoin and Ethereum Consolidate Gains, XRP Surges
7.2.2022
Bitcoin price gained pace after it settled above the USD 41,200 level. BTC even cleared the USD 42,500 level but faced sellers near USD 43,000. It is currently (11:54 UTC) consolidating and the bulls might eye a fresh increase above USD 43,000.
Similarly, most major altcoins are consolidating...
Report: Chainalysis Detects ‘Significant’ Wash Trading Using NFTs
7.2.2022
Chainalysis, one of the leading blockchain and cryptocurrency auditing firms, has issued a report indicating signs of significant wash trading activity involving NFTs. In these operations, some actors effectively sell their assets to themselves, with the intention of increasing the floor price...
AssangeDAO raises $38M in donations to help free WikiLeaks founder
7.2.2022
Donations to support Julian Assange’s fight for freedom have been pouring in over the weekend
Bitcoin Nears USD 43K, Ethereum Still Above USD 3K, DOGE and SHIB Surge
7.2.2022
Bitcoin price started a strong increase and cleared the USD 40,000 resistance. BTC even surpassed the USD 42,000 resistance. It is currently (04:21 UTC) showing positive signs and is trading above USD 42,800 after increasing 3% in a day and 13% in a week.
Similarly, most major altcoins...
Top 5 cryptocurrencies to watch this week: BTC, ETH, NEAR, MANA, LEO
6.2.2022
BTC’s attempt to flip $42,000 to support could pull altcoin traders into ETH, NEAR, MANA and LEO
Ethereum Co-Founder Vitalik Buterin Discusses Proposal to Alleviate Network’s Congestion, High Fees
6.2.2022
Ethereum’s co-founder, Vitalik Buterin, and developer Tim Beiko have been discussing a proposed solution to the data transfer gas problem and current scaling issues. Buterin talked about adding a feature like “blob-carrying transactions” in a “near-future hard...
This bullish Ethereum options trade targets $3.1K ETH price with zero liquidation risk
6.2.2022
The crypto market is starting to turn around, raising opportunities for risk averse traders to use the Long Condor options strategy to long ETH
Value Locked in Defi Climbs 13% Higher Since Last Week’s Low, SOL Price Jumps 25%, AVAX TVL Spikes
5.2.2022
The total value locked (TVL) in decentralized finance (defi) has jumped back above the $200 billion range, hovering around $216.49 billion on Saturday morning (EST). The TVL in defi has increased 13.60% since tapping a low of $190.57 billion 13 days ago on January 23. The decentralized exchange...
Ethereum eyes $3.5K as ETH price reclaims pandemic-era support with 40% rebound
5.2.2022
Ethereum price is back above its 50-week exponential moving average, a credible support level from the 2020-2021 market boom