Ethereum’s price has plateaued for a week with reduced volatility and volume. Ever since the Merger, the ETH price has been trading within a descending trend, forming constant lower highs and lows. The Merge has however failed to induce the required momentum due to which the XRP price remained largely bearish. However, in the meantime,...Read More
Ripple vs SEC is one of the most talked stories within the crypto space which appear to be approaching its destiny. Hence the investor’s interest is also swelling as they are constantly accumulating a huge number of tokens in recent times. This indicates that the majority of investors continue to believe in the potential of...Read More
The Chainlink price after undergoing a giant downswing after facing rejection from the levels just below $10, smashed the lower support below $6 within a couple of days. Meanwhile, the LINK price rebounded finely, but woefully the upper cap was restricted at $7.92 as bears slashed the price further. But what went wrong with the...Read More
The Bitcoin (BTC) price appears to be on the brink of consolidation & expected to face a minor rejection in the short term. The rejection may enable the price to form new lows for the current bearish cycle which may further trigger a massive rebound. That said, the possibility of closing the yearly trade on...Read More
XRP price had maintained a notable upswing since the beginning of the current trading month. However, the mounting bearish pressure over the asset dragged the price lower and also compelled it to drop below the bullish pattern. Besides, the Ripple vs SEC case is also appearing to find closure at the earliest, but the impact...Read More
The king cryptocurrency, Bitcoin, finally crossed the important $17,000 resistance level on December 5 and is currently marching towards $17,600. Due to the uncertainties surrounding the FTX collapse, the leading cryptocurrency fell to a yearly low of $15,700 in November 2022. The price of bitcoin has dropped nearly 74% since reaching an all-time high of...Read More
In a recent update, Ripple has filed its redacted reply to the SEC’s opposition in court to the motion for summary judgment. The SEC continues to believe that XRP is a security and has tried to extend the case many times. But with the recent development, the closure of the case appears to be on...Read More
Bitcoin price after being rejected at $17,000 at the beginning of the month has been attempting very hard to reclaim the levels at the earliest. Meanwhile, some analysts believe that, presently, there is no room for BTC to form the bottom. Therefore, the possibility of a rebound may be predetermined as the crypto space appears...Read More
Bitcoin is displaying some stability, as the prices have remained within a sustainable range of around $17,000. As the trend remains largely incremental, the token is believed to maintain a steep upswing to regain levels above $20,000 very soon. Popular crypto trader Jason Pizzino believes that star crypto may continue testing the upper resistance from...Read More
Bitcoin price has endured a choppy 2022, with market strategists struggling to point out the bottom. Furthermore, Bitcoin’s price has continued to trend downward since May’s capitulation, fueled by the Terra Luna implosion. With the FTX and Alameda collapse, Bitcoin price may continue downward before forming a bottom According to our latest crypto price oracles,...Read More
The Bitcoin (BTC) price raised beyond $16,800 and is unable to clear $17,000 despite notable buying pressure had mounted up. Meanwhile, some of the altcoins which are presently trading within the consolidated range are expected to gear up any moment from now. Polkadot (DOT) Source: Tradingview The DOT price is trading within a falling wedge...Read More
The crypto space has been pretty uncertain for quite a long time, with constant price variations led by multiple external factors. While the BTC price has been maintaining a minor upswing, the other altcoins are also gearing up to reach immediate resistance. A well-known analyst, anonymously called Altcoin Sherpa, predicts the upcoming price actions of...Read More
Ripple’s XRP token fell substantially on Monday amid risk-averse macroeconomic inflows. According to CoinMarketCap, XRP/USD was last trading at $0.39, down 3.4% in 24 hours, marking a 7.0% reduction in the cryptocurrency’s market capitalization since last Friday. The sell-off combined with the unfavorable macro factors was too much for the other altcoins to withstand, and...Read More
Bitcoin has been playing it relatively safe in the face of widespread investor skepticism, volatile markets, and other minor disturbances. The asset recently formed a double top as it consolidated below $16,800- an extremely bearish reversal formation, thus causing heightened stress and panic amid the trading community. From $16,791 it has been declining gradually below...Read More
The cryptocurrency market and its leading market players are fighting to break out of a narrow consolidation zone. However, given the current state of the market, investors are left awaiting the impending market rally. The crypto winter stuck with the market longer than expected and with the FTX collapse, things got worse. Amid all the...Read More
The crypto space has been within the bullish trend after suffering extreme losses led by the collapse of the popular exchange. Meanwhile, the recent relief from the bearish captivity has induced a notable bullish momentum within the markets which may further push the altcoins higher. A well-known analyst, Altcoin Sherpa, lists out potential altcoins which...Read More
In this blog post, we will be analyzing the potential of three popular cryptocurrencies – Chiliz(CHZ), VeChain(VET) & Toon Finance(TFT). We will be looking at their price performance in the past, their technology and use cases, as well as their potential growth in the future. Based on our analysis, we believe that all three cryptocurrencies...Read More
Solana’s price continues to look bearish as the participants remain vigilant and the markets continue to remain uncertain. Amid the bearish clouds, the SOL price recorded a notable bounce from the key support levels, which are also the rare supports that may hold the tokens within the 2-digit levels. However, with the fresh sell-off, the...Read More
Ethereum’s price is about to complete a ‘V-shape’ recovery that began after rebounding from the bottom around $1079. Meanwhile, the bears are also very active, attempting to drive down prices. However, the bulls and whales appear to be well positioned, with plans to propel the prices higher very soon. Alongside, the on-chain data flashes bullish...Read More
Bitcoin (BTC) began the month’s trade on a negative note. However, the prices have since retreated as usual profit-taking set in, and the focus shifted to the minutes from the Federal Reserve’s most recent monetary policy meeting. It’s difficult to say in which direction Bitcoin’s price will go in with any sudden change. Some investors...Read More
The world’s largest crypto, Bitcoin, has yet again been surrounded by massive selling pressure as the price marked new lows below $15,500. The FTX collapse has impacted the entire crypto space as the crypto lenders have been facing difficulties in meeting demand post-fallout from FTX. While BlockFi has filed for bankruptcy, another crypto pioneer, Genesis,...Read More
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 last two weeks have been a nightmare for the entire crypto space as crypto investors were forced to liquidate their massive holdings in FUD after Sam Bankman-Fried’s FTX collapsed. The FTX meltdown has raised concerns regarding Bitcoin-tied assets and ETFs as institutional investors continue to dump their positions. Holdings of Grayscale’s Bitcoin Trust (GBTC)...Read More
Despite the continuous turbulence in the cryptocurrency market, Bitcoin is largely unaltered and has been consolidating between $15,800 and $17,200 on Friday. Bitcoin Trades Marginally as It Facing Rejection at $17K Since its price declined on November 9, when it was around $17K. At present, the immediate resistance is found at the $16,950 level. On...Read More
The crash of the popular crypto exchange FTX has become an embarrassment for the entire crypto space as it failed to build trust among users and provide properly secured infrastructure. FTX’s demise has undoubtedly thrashed several investors with a loss of billions of dollars and forced miners to give up their mining journey as their...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 market’s leading cryptocurrency hit two-year lows due to FTX collapse and Sam Bankman-Fried dramatic fall, cryptocurrency analyst Tone Vays is outlining the long-term bull case for Bitcoin (BTC). Vays has said that even if Bitcoin drops to about $11,000, it might still achieve a new all-time high of $100,000 next year. The trader...Read More
Cryptocurrencies retain the bearish mood into the weekend after a turbulent week, with both Bitcoin and Ethereum slumping. On Saturday, Bitcoin fell beneath $17,000 once more after another development of the troubled FTX surfaced online. Today’s decline in Ethereum’s price kept the currency below $1,300. . Following a carnage week, the markets were given a...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
Popular crypto exchange FTX’s collapse is crushing and brutally killing the crypto market as the industry continues to flash red. Moreover, FTX’s recent chapter 11 bankruptcy filing may bring more downside spirals and hit the market harder than ever. Multiple cryptocurrencies have lost more than 40% of their value due to the impact that plummeted...Read More
