Ripple Inc. and XRPL’s native token, XRP is on the watchlist of many crypto investors globally. The seventh most valuable digital asset by market capitalization traded around $0.358, down 5.3 percent on Monday. With 50,298,735,565 in circulating supply out of the possible 100 billion, the persistent question remains of why Ripple pre-mined all the remaining...Read More
The crypto space is undergoing a roller coaster ride ever since the markets tumbled in H1 of 2022. Undoubtedly, the bulls attempted at each level to hold back the price, but the bears were pre-determined to restrict the price rally under the pivotal levels. Dogecoin price also underwent a significant upswing recently which uplifted the...Read More
After the FTX collapse, the markets took up the prevailing situation and underwent a notable recovery during the previous day’s trade. The crypto market cap also almost reached the $900 billion mark and in the time when a breakout was close to being accomplished, the rounds of FTX being hacked circulated within the space. The...Read More
The bloodbath on the crypto streets continues as the short-term bounces are expected to get recked very soon. Despite a small recovery above $16,500, Bitcoin price is still speculated to drop below $15,000 with th next of the capitulation phase, which has just begun. In the meantime, the Maker (MKR) price maintains its strength and...Read More
The year 2022 is not lesser than a roller coaster ride which was experienced by most crypto assets. Additionally, the advancement of the Ripple vs SEC lawsuit also is agonising for the XRPArmy, as the agency is trying numerous ways to drag the case longer. Meanwhile, the possibility of Ripple losing the case is emerging,...Read More
Due to Elon Musk’s acquisition of Twitter, the price of Dogecoin increased by 126% in a single week. On social media, the “Dogefather,” as he refers to himself, has regularly shown his support for Dogecoin. When the CEO of Tesla completed the acquisition of Twitter last week, he added yet another titan to his collection...Read More
As the overall crypto market steps into recovery mode, so do the Dogecoin competitor, Shiba Inu which has gained more than 10% in the last day and more than 16% in the last seven days. In the past days the dog themed currency has majorly been bearish. At the time of publication, Shiba Inu is...Read More
This month has brought less volatility for Bitcoin as it trades in a consolidated range between $18,500 and $19,600. However, the CPI data plunged Bitcoin hard to $18,190 on 13 October, but it quickly recovered from the bottom range and traded in a stabilized zone. According to Bitcoin’s market dominance, BTC formed a double bottom...Read More
It’s been observed that the meme king, Dogecoin has declined faster than the two largest cryptocurrency Bitcoin and Ethereum. Since its all-time high of $0.731 which was hit in May 2021, Dogecoin has lost nearly 92% from its current price. At the time writing, Dogecoin is selling at $0.0593 after a surge of 2.57% in...Read More
Ethereum is failing to find an upward way to make a bullish momentum as it suddenly made a bearish reversal from $1,341 on 18 October. It seems that ETH’s whale investors are playing a pump-and-dump game to maximize their profits amid the market crash. Ethereum was expected to be the crypto community’s favorite after the...Read More
Binance has burned an extra 2.5B Terra Classic (LUNC) tokens in its third round of weekly off-chain burns despite the low trade volume that Binance had announced to implement a Terra classic (LUNC) burn mechanism to burn all trading fees for Terra Luna Classic (LUNC) tokens. In keeping with its commitment to the Terra community,...Read More
The crypto market continually provides a glimmer of hope to participants, only to crash it brutally a while later. Just a day ago, the overall cryptocurrency market had turned green, but the bulls couldn’t hold on for long. Today, once again, the market opened on a bearish note. Currently, the global crypto market has dropped...Read More
The year 2022 demonstrated the diverse features of the crypto space as well as market participants such as short-term holders, long-term holders, whales, as well as strong and weak hands. While the strong hands continued to amass wealth, the weak hands continued to extract profit at every turn. At the beginning of the year 2022,...Read More
While most of the cryptocurrencies have dumped, the Dogecoin killer, Shiba Inu price has increased more than 2%. However, before the rise, SHIB had plunged near 12% dropping below $0.00001 level. Also this wasn’t the first time that the currency was testing this threshold because even in July the currency was on the same run....Read More
As investors become cautious ahead of Thursday’s release of the most recent US inflation statistics, Cardano, like Bitcoin, is at the head of the pack of cryptocurrencies that are decreasing in value. This morning’s crypto market plunged amid rumors that the US’s core inflation statistics may have increased. The US Federal Reserve is predicted to...Read More
The miner’s profitability could be harmed by the rising cost of mining blocks. Since the price of Bitcoin has been falling over the course of the year, from $46,000 to roughly $19,300, analysts estimated that the difficulty hike would reduce the miners’ profits by about 20%. Leading analytics company Glassnode issues a dire warning about...Read More
According to former Goldman Sachs executive Raoul Pal, one competitor to Ethereum (ETH) is poised to overshadow the rest of the market. He predicts that during the next bull cycle Solana (SOL) will outperform major Altcoins. Pal: Decoding the Altcoin which may drive the bulls The analyst has pointed out that Solana (SOL) blockchain has...Read More
Bitcoin (BTC) worth millions of dollars is suddenly being purchased by a crypto whale.In early Q4, 2022, Bitcoin, like all the other major cryptocurrencies, failed to end its recession. Some whales, though, are certain that dips are for purchase and the statistics of an unusual address on the Bitcoin network were revealed by anonymous Bitcoin...Read More
The native coin of Ripple, XRP, has become the top gainer among the major cryptocurrencies. This positive change in investors’ perception of XRP, has contributed to this extraordinary increase despite the bearish market conditions. This encouraging investor interest is emerging from the conflicted US SEC v. Ripple lawsuit. The price of XRP has increased by...Read More
The Cardano price has remained extremely bearish ever since it lost the crucial $1 mark. Moreover, the extreme market conditions compelled the price to remain drained below the $0.6 levels of the past couple of months. The bears also attempted to drag the price lower below the crucial resistance, but the asset managed to rebound...Read More
The price of bitcoin (BTC) has been moving sideways for the second week in a row due to the persistence of two bearish caps and the lack of new lows being made by the price action itself. Is now the ideal moment to accumulate Bitcoin, nevertheless, given all the price drops? The historically ideal times...Read More
Even if Bitcoin ended September with a loss, previous good rallies in October may encourage bulls. Only twice since 2013 has BTC ended the month of October in the negative, according to data from coinglass: in 2014 and 2018. This makes a recovery in October more likely. Since last week, the price of BTC has...Read More
The Polkadot price has recently dropped significantly and has been trading below a previously established range for some time. The recent effort leading to the bottom reversal pattern is anticipated to result in a swift rally. The DOT price reached a high of $24.00 before beginning to decline progressively. & later fell dramatically to the...Read More
After hitting eight-month lows in mid-June amid the broader drop in cryptocurrency values, the Shiba Inu token (SHIB) is attempting to recoup its strength, but the rebound now seems to be reversing. However, a massive amount of Shiba Inu tokens have been transferred during the previous four hours. Two of these four transfers were carried...Read More
The price of Polygon (MATIC) has been range-bound as bulls worry about a potential breach of the crucial support area preventing a downward rally. Many investors and traders were surprised by the price movement of MATIC, which rose from a weekly low of $0.3 to a high of $1. This movement occurred during a bear...Read More
Along with Bitcoin, altcoins too have been the prey of extreme volatility since a while now. Just a couple of days before the market appeared to be recovering but that couldn’t hold on for long as the currencies dropped. While the currencies struggle for a bull run, one of the known analysts is predicting more...Read More
On September 22, Cardano, a smart contract platform, experienced its much awaited Vasil hardfork which aims to boost up the network’s performance and capability. Just before the launch of the Vasil hardfork there were speculations that it will turn out to be one like Ethereum merge where ETH dropped after the Merge. However, Cardano’s native...Read More
Ever since the LUNC-USTC crisis kicked off in May, the founder, Do-Kwon, is in deep water. Initially, he was accused of fraud and a scam, but presently the founder is being probed by the alleged crypto fugitive. According to some reports, the authorities have now moved forward to seize more than 3000 Bitcoin stored in...Read More
Apart from the general market decline, which held ETH at the cycle lows, there were both positive and negative responses to the buildup to The Merge. About 4.19 million ETH worth $5.32 billion had already been sold by holders prior to the event on September 15. However, investors started purchasing ETH again immediately after The...Read More
Despite the bearish trend, few altcoins are staging a few significant rallies this week. XRP has mounted a fresh rally as it has broken above the moving average lines, signaling an uptrend. Bulls have re-established bullish momentum in the cryptocurrency after breaking through the overhead resistance at $0.41. Due to early resistance at $0.55, XRP...Read More
