In a thought-provoking display, Crypto Assets Guy, a well-known XRP community influencer, has presented a visualization that highlights the potential value of XRP investments if the cryptocurrency regains its all-time high (ATH) of $3.70. The visualization demonstrates potential returns for different XRP holding levels, ranging from 5,000 XRP to 300,000 XRP, using a consistent rate...Read More
While Ethereum has been in a bear market for the past 30 days, there are chances that it will soon bottom out. One well-known crypto analyst has voiced concern over Ethereum’s (ETH) performance compared to Bitcoin’s (BTC), speculating that a major event could cause a large drop. What’s behind this bearish outlook, and what should...Read More
Delisting digital tokens is becoming a hot topic in the crypto world, especially due to unclear regulations. The CEO of Coinbase, a major U.S. cryptocurrency exchange, believes that removing 13 tokens including Cardano (ADA) without clear justification is unfair. However, this situation arises from a legal battle with the U.S. Securities and Exchange Commission (SEC),...Read More
Intense fear gripped Curve Finance users in the past few days, causing temporary relief during the early Asian market on Wednesday as the CRV price gained about 15 percent, trading around $0.578. The DeFi token has been on a downward trend in recent weeks, but the rate of decline escalated on Monday following reports of...Read More
Maintaining a declining trend in the daily chart, DOT Coin price forms a descending triangle pattern. After struggling to exceed the $7.55 resistance level, DOT prices currently trade at a 33% discount from the previous swing high. Moreover, the price action forms a consolidation phase between $5 and $5.53 Over the past month and traps...Read More
Ripple’s recent victory in the SEC lawsuit has created a ripple effect in the crypto world with curiosity about XRP’s future price trajectory. What is more enticing is that Google Bard, an AI chatbot, has stepped in to offer intriguing predictions for XRP’s price at the end of 2023, 2025, and 2030. Here is the...Read More
Santiment, a prominent cryptocurrency analytics platform, reported that as the highly anticipated Litecoin halving event approaches on Wednesday, key traders who hold positions ranging from $9.5k to $950k worth of LTC are engaging in aggressive accumulation. As history suggests, this reduction in supply and the potential increase in demand could have logical implications. According to...Read More
Altcoins are indeed making waves in the crypto market, and the recent activities of Litecoin (LTC), Ripple-affiliated XRP, and Solana (SOL) are clear indicators of this trend. In the past 24 hours, all three have experienced notable gains, signaling a potential shift in the crypto landscape. As Bitcoin’s (BTC) dominance begins to waver, the spotlight...Read More
Bitcoin has been trading within the $28k to $32k range for nearly four months. Historically, the crowd has been known to get very polarized when a top crypto asset goes for an extended period of time in a tight price range. Investors now have the option of thousands of other assets when they become restless...Read More
The previous week witnessed a downturn in the altcoin market, with top altcoins experiencing significant declines after failing to sustain higher levels. Despite the initial bullish sentiment and buying opportunities brought by Ripple’s victory, it appears that the majority of traders have now pivoted towards bearish positions. As a result, prominent altcoins, including Ripple’s XRP,...Read More
As the crypto market swiftly turned bearish from yesterday’s scarcely bullish outlook, top coins have found new support zones. Interestingly, amidst this downturn, MakerDao’s MKR stands strong as it recorded massive gains. Today, MKR soared higher with massive gains, adding nearly 20% to its value. Despite this impressive rally, MKR’s price has recently experienced a...Read More
The cryptocurrency market has been witnessing a significant bullish trend, particularly in the altcoin sector, following Ripple’s partial victory against the U.S. Securities and Exchange Commission (SEC). This legal triumph has not only boosted Ripple’s XRP but also ignited a renewed bullish wave in the altcoin market, with Stellar (XLM) and Bitcoin Cash (BCH) leading...Read More
Celsius, the renowned crypto lending platform, has reportedly transferred a staggering $59 million worth of altcoins to an exchange. This significant move has sparked widespread speculation and intrigue, with many wondering if this could be a prelude to a massive conversion into Bitcoin (BTC) and Ethereum (ETH). Celsius Continues Its Selling Activity Celsius Network, a...Read More
Only a few weeks ago, Bitcoin’s market dominance had finally surpassed 50% after a two-year lull, thanks to a wave of applications for spot Bitcoin exchange-traded funds from leading financial institutions. However, following Ripple’s partial win against the SEC, Bitcoin’s dominance has experienced a setback. A sudden increase in altcoin prices led to a temporary...Read More
A while ago, very unexpected US CPI rates were announced, wherein the rates were lowered to 3% from the previous 4%. The drop in CPI rates is considered a huge bullish indicator for the crypto space. However, the Bitcoin price continues to stick around $30,500, while some of the altcoins remain largely stagnant. The Ethereum...Read More
The market participants—bulls, whales, big institutions, and all the crypto enthusiasts—are waiting for the next bull run. Moreover, the traders have begun to accumulate BTC with the expectation of incurring huge profits in the long term. Besides, the developers have also aggressively worked during the bear market, which may attract the masses towards the next...Read More
As the sun rose on the global crypto market, Ethereum, the world’s second-largest cryptocurrency by market capitalization, found itself in an upward correction mode. After a period of bearish rally, Ethereum has begun a correction phase, with its price inching towards the $1,900 mark. As Ethereum faces a market correction, the focus is on the...Read More
Over the last week, the crypto market witnessed surprising price movements as Bitcoin significantly declined from a high of $31.5K. The latest US ADP data has hinted at an upcoming interest rate hike, adding another layer of uncertainty to the financial and crypto landscape. However, even in these turbulent times, certain altcoins are showing potential...Read More
The crypto markets continue to consolidate as the global crypto market cap settles around $1.18 trillion, with a minor drop of 0.2%. Besides, the star crypto, Bitcoin, continues to trade within a narrow region as its dominance continues to rise. Amid the hustle among the major tokens, Solana is leading its own way towards higher...Read More
After a significant rise, the bulls appear to have relaxed a bit as the prices of the majority of the tokens have been facing extreme consolidation. The star crypto, Bitcoin, witnessed a significant upswing and rose above $31,000. Besides, the Lite version of Bitcoin, Litecoin, displayed an iconic rally in the past few days and...Read More
Blackrock’s application to the SEC for a Bitcoin ETF has caused Bitcoin’s volatility to return. After months of low trading, the recent rally pushed Bitcoin above $30,000. While Ethereum is still experiencing rejection from a significant resistance level, Bitcoin is forming a new pattern that could potentially lead to a breakout. According to a new...Read More
As the Bitcoin price continued to soar beyond the major resistance of around $28,800, the altcoins remained largely inactive, recording minor swings. Further, these altcoins began displaying big moves ever since the star crypto remained stuck at $30,000. Currently, Bitcoin’s sluggish behaviour is expected to persist for as long as the altcoins are closer to...Read More
During a week characterized by a plethora of enticing news, the cryptocurrency market experienced significant volatility, with Bitcoin’s price persistently oscillating around the $30K mark. The recent rally in Bitcoin has resulted in reestablishing its 50% market dominance. Consequently, investors have shifted their attention to other digital assets that may potentially participate in this rally....Read More
Renowned analyst Bluntz, known for his accurate predictions, recently shared some intriguing insights with his 223,000 Twitter followers regarding the potential growth of Solana (SOL), a prominent rival to Ethereum. Bluntz suggests that SOL could experience a significant surge, potentially doubling in value. Additionally, the analyst identifies a bullish signal for Bitcoin. According to Bluntz’s...Read More
The Bitcoin (BTC) market continued with the bear market relief rally in the last few days after a blast off towards $30k. The impressive rally has been described as whale-induced as institutional investors move quickly to absorb as many coins as possible before next year’s Bitcoin halving. From a technical standpoint, Bitcoin price on the...Read More
Ethereum has navigated a turbulent path in recent weeks, with its price exhibiting considerable volatility. ETH has seen its value both skyrocket to unprecedented levels and plummet in reaction to market dynamics and investor mood. With Bitcoin currently stealing the spotlight by surpassing the $27K mark, it’s prompting ETH holders to seize the opportunity to...Read More
Amid the altcoin crash, the price of Cardano (ADA) has been a hot topic of discussion among investors and traders. The digital asset has seen some significant volatility, and market participants are eagerly watching for signs of a recovery rally. The recent market trends have seen Cardano’s price experiencing a downward trajectory. However, before any...Read More
Cryptocurrency expert Nicholas Merton of Data Dash offered a sobering perspective on the current state of the crypto market in a recent video. He addressed the question on every crypto investor’s mind – when will it be time to buy Bitcoin and other altcoins? Liquidity: The Fundamental Driver of Price Action Merton’s theory hinges on...Read More
In the fast-paced world of cryptocurrencies, a remarkable opportunity is emerging for Altcoins. Bitcoin, the undisputed leader of the crypto market, is showing signs of a breakthrough. If successful, the breakout could have a domino effect, leading to a substantial recovery for Altcoins and presenting traders and investors with the potential for impressive gains ranging...Read More
The global crypto market cap surges above $1.06 trillion as the assets mark a decent recovery since the last trading day. Bitcoin price made an effort to rise above $26,500 that inducing bullish momentum within the crypto space. However, Chainlink continues to trade under beamish influence despite the technicals having turned in bullish favor. The...Read More
