Cardano registered a strong surge over the past few days, but the market’s bulls seemed to be exhausted by the time of writing. ADA’s reaction at important levels would indicate whether buyers or sellers were in control of the market. Filecoin had a few quiet trading sessions over the past few hours and could see...Read More
Ethereum avoided a drop beneath $370 over the past week, and its charts highlighted two critical, imminent zones of support and resistance that could decide the direction of the market in the coming weeks. Filecoin was in a phase of consolidation just above support, while Ontology continued its downtrend. Ethereum [ETH] Source: ETH/USD on TradingView...Read More
Cardano continued to record losses as it fell below crucial support levels. While Filecoin remained neutral after it recorded low volatility on its charts. Further, Ethereum Classic too was seen entering a bearish setup, with its technical indicators also depicting strong sell sentiment on the trading charts. Cardano [ADA] Source: ADA/USD on TradingView At the...Read More
Bitcoin defended $13,200 and was trading at $13,486 at the time of writing. The situation for altcoins was decidedly less bullish as most of the rest of the market saw losses and could have further downward to go. Bitcoin SV did not drop below $160 and could hint at recovery if it continued to hold...Read More
Bitcoin broke convincingly past $11,500 to touch $11,800 as it continued to set higher lows. Unfortunately for the altcoin markets, Bitcoin Dominance was on the rise as well. It stood at 60.73 at press time, and indicated that capital in the crypto sphere was flowing into BTC to follow any further gains the king could...Read More
Multiple mining groups in China have announced that they will fork Filecoin’s blockchain as they claimed to be dissatisfied with mining rewards, according to a report in Sohu.com, a Chinese media company. Moreover, the announcement has come just weeks before Filecoin’s mainnet launch in October. With regard to the fork announcement, Weiping Han, Chairman of MIX...Read More
