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
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
Ripple’s XRP price is trending in uncharted markets as the global macroeconomic aspects fall into play. At the top list, the XRP international online community fear that the Ripple vs SEC case May go the same route as LBRY Inc’s story. Nonetheless, the entire cryptocurrency market has been trending downwards for the better part of...Read More
Bitcoin prices were deeply impacted by the resurgence of the bearish market trend that caused the price to plunge by more than 3.6% from the monthly highs. Meanwhile, the ongoing tussle between Binance CEO, Changpeng Zhao (CZ) and FTX CEO Sam Bankman Fried (SBF) has led the bearish wave within the crypto space. While some...Read More
After trading in a consolidated range for two weeks, XRP has successfully geared up its price rally. The Fed’s recent interest hike of 75 basis points on November 2 kept XRP in a range-bound area as it has brought negative sentiments to the crypto market. However, the native token of Ripple Labs is witnessing bullish...Read More
While the majority of crypto assets are preparing to reclaim the positions they held prior to the May 2022 crash, Cardano (ADA) is making new lows every day. Market trends and sentiments have only had a minor impact on the price, which remains bearish. After being rejected by the local resistance, the ADA price appears...Read More
Terra luna classic is now trading at 0.00023 with a 3% decrease in price over the past 24 hours. A severe downswing appears to be largely imminent as the bears appear to have tightened their grasp and try to tear LUNC price down. Since yesterday, the price has moved in a downward direction and has...Read More
The recent acquisition of Twitter by Tesla CEO Elon Musk is sparking surges in his favourite cryptocurrency Dogecoin. According to CoinMarketCap, Dogecoin has become highly traded in the crypto market as it gained over 70% in its value in the last few days and nearly 30% in the last 24 hours. Starting as a joke,...Read More
The world’s largest cryptocurrency by market cap has always been a risk-on asset since its inception. The currency has lost nearly 70% from its all-time high of $69,000 in November 2021. Currently, the King currency is struggling for a massive bull run. At the time of publication, Bitcoin is selling at $19,290 with a fall...Read More
XRP, the native token of Ripple Labs, seems to bring some bullish vibes to Ripple’s community as it prepares for a fresh upward rally to $0.5. Payment giant Ripple is also on the verge of winning the lawsuit against the US regulator Securities and Exchange Commission (SEC) as Stuart Alderoty, Ripple’s advocate, confirmed that the...Read More
The Cardano price previously flashed the possibility of a notable plunge below the crucial support at around $0.3. However, the asset has made an interim bounce to ignite a ‘u-shape- recovery to reclaim the levels around $0.385 before the end of the monthly trade. However, the ADA price may rise finely but a massive bearish...Read More
At the time of publication, Bitcoin is changing hands at $19,181 after a plunge of 0.50% over the last 24hrs and this bearish movement has been observed for more than two months now. A few days back, the flagship currency surged above $19,500, but the bulls couldn’t maintain the pace. Bitcoin started its downward journey...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
The following trade appears to be extremely bearish for the Bitcoin(BTC) price, as the trade setup and on-chain fractals point to a massive drop for the token that is rapidly approaching. The bottom is formed 300 to 400 days after the cycle’s highs, according to the pattern followed by the asset since its inception. In...Read More
Bitcoin started attracting buyers after it began to float around the $18,000 price level. BTC quickly climbed the chart two weeks later. However, the coin’s technical outlook suggested that the bears hadn’t given up just yet. BTC may surpass the $20,000 price level if the bulls are able to maintain their momentum during the coming...Read More
As the Ripple vs SEC lawsuit is approaching its climax, the market sentiments have become more positive, which is in turn impacting the XRP price. Therefore, one can expect a notable upswing in the coming days as the short-term and long-term fractals display a bullish breakout fast approaching! Ripple (XRP) Price Analysis-Short Term Ripple has...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
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
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
