Bitcoin (BTC) Price Analysis Bitcoin price is currently hovering within an uncharted area where-in both the possibilities of a rebound and a drastic plunge is making their way out. On the other hand, the volume also appears to have been equally distributed among the bulls and the bears. Therefore in case, anyone gets exhausted, the...Read More
Polygon(MATIC) Polygon (MATIC) price bounced off well from the crucial support levels and surged close to 38% from the bottoms at $0.53. The asset faced rejection a couple of times at $0.733 in the last few hours, making it mandatory to test and clear these levels. However, the bulls still appear to be in a...Read More
The Ethereum price currently has ranged beyond $1200, reentering the bullish ascending channel. After a huge fakeout, the second largest crypto is expected to maintain a firm upswing to leap beyond $1400, but a massive re-distribution phase is all set to begin shortly. This phase may drop the price hard that may keep up the...Read More
Celsius Network shook up the entire crypto space with bankruptcy filing during the early trading hours. The native token CEL also responded negatively as the asset withstood a drop of nearly 50%. However, the community led a short squeeze in an attempt to recover the loss incurred as they believed the withdrawals may not be...Read More
Cardano‘s price is constantly trading close to $0.4 levels for the past couple of days aiming to surge beyond $0.5 shortly. The stagnant trend of the asset for a long time has been a huge matter of concern which has also diminished the volatility and the volume of the asset. However, in the times when...Read More
Ethereum price is currently stumbling to re-enter the bullish pattern but progressively maintaining the lower support just above $1000. With the current pattern formation, sustaining within an ascending trend may be a little difficult at the press time. As the second-largest crypto remains gloomy as the asset is facing a couple of hurdles for nearly...Read More
A blockchain’s computational power is widely acknowledged to be its major advantage. In a sense, it prompts market participants to take advantage of the network and look for profitable possibilities. Scalable blockchains that can support more transactions have seen tremendous expansion. The exceptions are Bitcoin and Ethereum, both of which are frontrunners. However, Ripple has...Read More
Cardano price in recent times has shed off its volatility to a large extent that has compelled the price to trade within minor regions. Presently, the ADA price has broken down from the crucial support intensifying the bearish trend. The plunge has currently dragged the price close to the crucial support close to $0.4, beyond...Read More
The unwarned collapse of the cryptocurrency market caused a lot of tension among the crypto whales which made them seek refuge in the meme coins. In a shocking turn of events, despite recent developments by these meme coins, whales have been acquiring Shiba Inu (SHIB), ShibDoge, and Dogecoin (DOGE). Shiba Inu (SHIB), the second-largest holding...Read More
After losing the $1 Trillion markin June, the entire market capitalization of cryptocurrencies has just begun to climb back towards the lost milestone. According to data from CoinGecko, the market cap is $998 billion as of this writing. The largest cryptocurrency, Bitcoin, as well as numerous significant altcoins, saw significant gains. The largest cryptocurrency by...Read More
LUNC & LUNA prices along with UST prices began to tank a couple of days before which appears to have approached a crucial phase presently. LUNA price broke out from the bullish pattern, while LUNC price is on the verge to tank below $0.0001 levels very soon. While the stablecoin USTC also plunged heavily by...Read More
Even with all the volatility in the global cryptocurrency market, Shiba Inu (SHIB) token has been able to maintain its position in the largest Ethereum (ETH) whale wallets. The SHIB token has emerged as the largest token held by the top 2000 ETH whales, according to WhaleStats. According to the data, there are currently $608.6...Read More
Cardano has been steadily declining since the start of the year, dropping from a high of $1.60 in January. Although there have been a few brief improvements, the trend is still downward generally. For the past month, it has been consolidating while the other cryptocurrencies around it have fallen. Many investors are assessing Cardano, the...Read More
The LUNC price’s strong upswing that is maintained throughout the week was recently challenged by the shaky Bitcoin price actions. However, the asset has managed to resume the uptrend despite the BTC price continuing to trade below $20,000. This displays the extreme strength of the coins and their tendency to reclaim the lost positions at...Read More
The coming year will be critical for cryptocurrency, according to Charles Hoskinson, the developer of Cardano (ADA), as the government makes game-changing decisions for the sector. Hoskinson spoke to guests at the Cardano Community event how the cryptocurrency industry has substantially changed since the creation of Bitcoin (BTC). According to him, Bitcoin had no value...Read More
Regardless of the fact that the entire cryptocurrency market is in the red zone today, the failing USTC stablecoin (UST Classic) from the controversial Terra program is up 90%. USTC lost its peg to the US dollar in the month of May and went beneath the level of one dollar. However, through its quick development,...Read More
Cardano‘s price is pretty down in the weekly chart for almost half a year being unimpacted by the bullish market trends. No doubt, ADA price did attempt to pull a massive leg up multiple times but eventually failed to hold above the gained levels. However, amidst the bearish cartel being outspread within the space, Cardano...Read More
Solana price gained a huge bullish momentum ever since the co-founder announced the plans of rolling out an SMS platform & Android phone. The price which had broken the falling wedge had broken out of the descending consolidation and rose high a week ago. However, the recent positive announcements did give the asset a larger...Read More
Ethereum‘s price recently showcased some strength and recorded some short-term bounce that uplifted the price above $1100. However, the false weekend jump that recovered nearly 25% of the losses could all go in vain as the asset is about to drop hard marking new lows very soon. Interestingly, the buyers and the sellers are in...Read More
The coin market has been sailing through treacherous conditions and torrential woes. While most cryptocurrencies have faced the wrath of turbulence. Stablecoins seem to have performed better and are proving to be an ideal choice during market calamities. However, not everything is fine with this category either. Marketers, hoping for a quick rebound, are wishful of...Read More
It is a known fact that the crypto space is now in the middle of a notable bear market which is yet to find its bottom. The star crypto, Bitcoin, currently appears struggling to restore the last line of defence above $20,000. In such a case, the crypto market tumbles down heavily and at the...Read More
The adverse price developments in the cryptocurrency space only intensified in the past 24 hours, with new weekly, monthly, and even yearly lows registered from many altcoins. With double-digit drops evident across many charts, it’s no wonder that the daily liquidations have shot up above $500 million. It’s safe to say that the crypto market...Read More
The Crypto bear market is currently dealing with a bunch of uncertainties in the price. One of the Crypto analysts has made his outlook for Solana (SOL), Avalanche (AVAX), Chainlink (LINK), and ApeCoin (APE) aiming at all the uncertainties the market is dealing with. Solana Price The Pseudonymous crypto trader Altcoin Sherpa told his 176,500...Read More
Following the $60 billion Terra ecosystem’s catastrophic downfall in early May, Tron has risen to become the third-largest blockchain in the decentralized finance industry (behind only Ethereum and BNB Chain). Justin Sun, the founder of Tron, recently informed Bloomberg that the USDD (USDD) stablecoin would be modified to avoid a Terra-style collapse. Overcollaterization of the...Read More
Despite all of the turmoil surrounding stablecoins over the previous month, Tron’s USDD has made substantial progress. The stablecoin has hit some significant milestones since its introduction exactly one month ago. USDD has been promoted to the ‘first over-collateralized decentralized stablecoin,’ according to the TRON DAO Reserve. The currency has a total circulating supply of...Read More
The crypto space, ever since the beginning of 2022 trade, displayed its misty behavior and due to which many traders still remain aloof. Just after a minor spike, most of the assets experience a drastic dip, whipping out the gains of the past couple of days. Therefore, now that the bears appear to have become...Read More
While the South Korean government intensifies its inquiry into Do Kwon and the Terra crash, a closer examination of legal issues reveals some surprising insights. Do Kwon and Terraform Labs are the focus of lawsuits, and tax evasion allegations have been issuing against them. Do Kwon Under Legal Scrutiny The government of the country also...Read More
In the midst of this week’s market turbulence, a crypto trader who is pseudonymously known as Altcoin Sherpa is expressing his view on Ethereum price and other altcoins. Avalanche (AVAX) The analyst informs his 176,300 Followers on twitter that the native currency for smart contract platform Avalanche (AXAX) may see a nice short-term trading option...Read More
The popular play-to-earn token Axie Infinity (AXS) dropped heavily after a magnificent rally of close to $30 during the last trading day. The asset reached a three-week high but eventually failed to hold the gains and corrected by more than 18.5% since the early trading hours. Moreover, it is currently posing more possibility of a...Read More
The collapse of the Terra stablecoin posed a number of challenges for stablecoin networks. While some stablecoins have been put to the test after the UST crisis, others have remained consistent. Despite a recent downturn in the market, the TRON (TRX) cryptocurrency has managed to maintain its momentum. The TRX token has risen to the...Read More
