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
The Bitcoin market cycles display several unusual asymmetries. At the end of a bull market, investors tend to get overly optimistic, leading to a temporary parabolic price surge. When a bull market is nearing its end, rapid price growth poses a risk of bursting the speculative bubble, and it can be seen that the participants...Read More
The Cardano price has remained extremely bearish ever since it lost the crucial $1 mark. Moreover, the extreme market conditions compelled the price to remain drained below the $0.6 levels of the past couple of months. The bears also attempted to drag the price lower below the crucial resistance, but the asset managed to rebound...Read More
Bitcoin price is back within the range, displaying a lowered strength as its closest competitor, DXY Index is trading along the resistance. However, a minor relief may be expected in the coming days as the DXY Index may witness a slight pullback. This may uplift the BTC price beyond $20,200 but could end up being...Read More
The fluctuating price behavior of Bitcoin (BTC) continues to play havoc with traders’ and investors’ sentiments. Traders are still making predictions about what Bitcoin (BTC) will do in the upcoming month of October. According to a well-known crypto analyst, the fourth quarter of the year may see rallies in the cryptocurrency markets. The host of...Read More
The price of bitcoin (BTC) has been moving sideways for the second week in a row due to the persistence of two bearish caps and the lack of new lows being made by the price action itself. Is now the ideal moment to accumulate Bitcoin, nevertheless, given all the price drops? The historically ideal times...Read More
Even if Bitcoin ended September with a loss, previous good rallies in October may encourage bulls. Only twice since 2013 has BTC ended the month of October in the negative, according to data from coinglass: in 2014 and 2018. This makes a recovery in October more likely. Since last week, the price of BTC has...Read More
The Polkadot price has recently dropped significantly and has been trading below a previously established range for some time. The recent effort leading to the bottom reversal pattern is anticipated to result in a swift rally. The DOT price reached a high of $24.00 before beginning to decline progressively. & later fell dramatically to the...Read More
After hitting eight-month lows in mid-June amid the broader drop in cryptocurrency values, the Shiba Inu token (SHIB) is attempting to recoup its strength, but the rebound now seems to be reversing. However, a massive amount of Shiba Inu tokens have been transferred during the previous four hours. Two of these four transfers were carried...Read More
The two biggest cryptocurrencies, Bitcoin and Ethereum, both fell by almost 8%, wiping out any gains made earlier in the week. The BTC price was able to climb above the $20,000 resistance level thanks to the bulls. Near the $20,500 region, the price encountered a significant rejection and is now trading below $20,000. Overall, below...Read More
Ever since the LUNC-USTC crisis kicked off in May, the founder, Do-Kwon, is in deep water. Initially, he was accused of fraud and a scam, but presently the founder is being probed by the alleged crypto fugitive. According to some reports, the authorities have now moved forward to seize more than 3000 Bitcoin stored in...Read More
While the Federal Reserve disclosed another possible interest rate hike, one of the well-known analytic firms has come up with its study on Bitcoin (BTC). Firm, Glassnode in its latest newsletter Jan Happel and Yann Allemann, its co-founders are of the opinion that Bitcoin’s price trend below $20,000 is all due to immense pressure faced...Read More
Apart from the general market decline, which held ETH at the cycle lows, there were both positive and negative responses to the buildup to The Merge. About 4.19 million ETH worth $5.32 billion had already been sold by holders prior to the event on September 15. However, investors started purchasing ETH again immediately after The...Read More
Despite the bearish trend, few altcoins are staging a few significant rallies this week. XRP has mounted a fresh rally as it has broken above the moving average lines, signaling an uptrend. Bulls have re-established bullish momentum in the cryptocurrency after breaking through the overhead resistance at $0.41. Due to early resistance at $0.55, XRP...Read More
With a decrease in the Cardano price, the environment flipped to bearish for a week. The asset is trading at $0.4586 as the bears took control of the market at the beginning of the week. The last three days have been overwhelmingly bullish, so the bulls still have a chance. Bulls May Outperform Bears Soon ...Read More
With the recent hike in the FED rates, the crypto markets have been impacted slightly as the DXY index witnessed a slight drop but continues to hover within the crucial zones. With this, the Bitcoin price underwent a notable drop below $19,000. But the raising market sentiments around the upcoming Cardano’s Vasil Hard Fork could...Read More
The most popular altcoins, Cardano & Ripple, are trading with a huge bullish momentum since the pre-trading session and are aiming to close the day’s trade on a bullish note. Both the altcoins have been stagnant for a prolonged period and due to this, the investors also lost their focus on the assets. However, now...Read More
Cronos’s price has been dropping hard since the asset underwent a rejection at $1.5, a few days back. Despite a huge selling pressure, the price managed to hold the lower support at $1, aiming to rebound & recover at the earliest. Currently trading at $0.1046 Cronos increased by 0.75% in the last 24 hours. Prices...Read More
Bitcoin price is currently trading at $19,400.89 with a slight rise of nearly 4% in the past 24 hours. Rekt Capital, a well-known cryptocurrency expert, forecasts that in the worst-case scenario, the price of a bitcoin might fall below $11,500, below the previous low of $13,900. The historical evidence suggests that the price of bitcoin...Read More
On Monday, most cryptocurrencies continued to experience losses, as Bitcoin started to fall once more against the US dollar below the $20,000 support level. BTC just dropped below $19,000 and is still at risk of falling as low as $18,000. The news of Ethereum falling below $1,300 may be more important than the decline in...Read More
Terra Classic (LUNC) seems to have been on a steady price recovery path during the past few days. The price of Terra Classic (LUNC) plummeted significantly after Do Kwon, the founder of Terraform Labs, received an arrest warrant. After billions were lost and regulators started to swarm, the development and control were turned over to...Read More
The upcoming Vasil upgrade presents a fresh challenge for Cardano. Based on existing patterns and estimates, analysts and experts have bearish predictions for the coin. The cryptocurrency dropped out of the top five by market value, but it was still able to hold onto some of its recent gains, outperforming Ethereum and other coins. In...Read More
The Ethereum Merge has done no good for the crypto bulls as the stocks continue to trend low and add to already intensified market pressure. On September 16, as the most recent cross-crypto slump grew stronger, Bitcoin (BTC) sought to breach local lows. At press time, BTC/USD reached $19,600 with support from buyers to avoid...Read More
A week ago, the markets were playing out well for Bitcoin as it had seen some upward momentum and had reclaimed the $22,000 area. In just seven days, the currency registered 7% gains. However, the flagship currency couldn’t hold on to the rally for long and it started its downward journey with the release of...Read More
The US CPI numbers have shown the Federal Reserve’s intention to raise interest rates further in order to reduce inflationary pressures brought on the increased government spending during the epidemic in the previous two years. There is outflow of funds in Bitcoin and the rest of the cryptocurrency market. Since then, more than half of...Read More
Till yesterday, the crypto market was displaying all signs of recovering well after a few disastrous months. However, the release of the Consumer Price Index (CPI) flipped the scenario, and the bears have regained dominance. It’s just not crypto, even the large tech stock, NASDAQ 100, ended the day in red, something which has not...Read More
At the time of publication, Shiba Inu is selling at $0.000013 after a pullback of 1.23% over the last 24hrs. As the currency is making such a move, there could be an opportunity for shorting if the price drops. If that happens, Shiba Inu’s price might see a fall of 27% and drop to $0.0000093....Read More
Bitcoin price is slowly gaining its dominance as the asset has been holding the lower support finely from the past few hours. The bulls appear to be well-positioned and hence the price may be on its way to reaching the immediate resistance just below $23,000. However, the volume has been bullish for the past week...Read More
The past week has seen significant gains for both Bitcoin and Ethereum, with regulatory news and ETH network update playing major roles. Over the last seven days, BTC has increased by more than 12%. Since then, the top cryptocurrency has recovered the $22,000 level as of publication, a level not seen since August. It’s interesting...Read More
When Bitcoin’s dominance decreases, it means that altcoins are performing relatively well and that the total cryptocurrency market capitalization is increasing. This usually leads to an increase in BTC price as well, since more money is flowing into the cryptocurrency market as a whole. As of now, Bitcoin is trading near the $22K price range,...Read More
