ADA countered bearish predictions over the past 24=hours and climbed to the fourth position in the crypto rankings on the back of buying pressure. Tezos might need an external boost to surpass its $3.5 local high while DOGE climbed to another record level. Cardano [ADA] Source: ADA/USD, TradingView Cardano invalidated any bearish indications to its...Read More
Amid an extremely bullish crypto market, Binance coin [BNB] has hit a new all-time high at $77.9 according to the price charts. The cryptocurrency has been seeing its value spike since the beginning of the year. BNB was in the uncharted territory like many other altcoins, however, rising selling pressure could push it to the...Read More
LINK moved within a descending channel and the direction of a potential breakout was not clear at the time of writing. ATOM projected more upside moving forward as the indicators flashed bullish signals while ZEC moved within a fixed channel and awaited further cues from the broader market. Chainlink [LINK] Source: LINK/USD, TradingView Chainlink lost...Read More
With a market cap of $18.29 billion, Polkadot was inching closer to flip XRP in terms of market cap. XRP has already slipped to the fifth position in the crypto market as Cardano [ADA] overtook its market cap, and it appeared that Polkadot could be the next project to push through XRP’s market cap. Meanwhile,...Read More
The explosive growth of DeFi assets was for all to witness back in Summer 2020, and the narrative is picking traction yet again. Back in 2020, Yearn Finance or YFI was leading the rally but now other assets are picking up popularity points as well. However, the trend might be shifting towards a collective exposure...Read More
Litecoin’s price recovered after a minor correction but a break above $158 was doubtful as trading volumes were on the lower side. FTT moved southbound from its all-time high but flashed bullish signals that could see the price rise to record levels once again. ALGO moved above $0.84 resistance but some additional bullish impetus would...Read More
More institutional investors are betting big on bitcoin as the digital currency rallied. From gaining acceptance by corporations as a primary reserve asset, the cryptocurrency is now making its way to the portfolio of some of the world’s largest hedge funds. Last month, Bridgewater Associates founder and Ray Dalio called bitcoin an “amazing accomplishment” and...Read More
