Escalated selling pressure over the past few days saw APE witnessing a patterned bearish break. The crypto saw slight improvements in MVRV and network growth. ApeCoin had its downward snowballing after the alternative token touched its all-time high zone in April 2022. That saw the alt denying buyers an opportunity to welcome trend-shifting rallies for…
Link2Link Forex Review Thanks to online trading, entering the financial markets has become easier than ever for people. There was a time when trading involved a lot of hassle and was time-consuming as well, but technology has changed everything and brought about a lot of convenience. With thousands of instruments available in the markets, there…
The sudden collapse of FTX cast doubt among exchange users over their fund’s security held in custodial wallets. The revelation by Bahamas authorities of FTX Group filing for bankruptcy last week caused a widespread shockwave across the virtual assets market. The aftershocks of the sudden implosion of a key player in the global crypto assets…
XRP price outlook is bearish. The next resistance stands at $0.3551. XRP/USD has support at $0.324. Ripple price exhibited losses as the remittance token plummeted toward $0.3496 today. The downward trend remained constant within the past two days, and the price followed a downside trend. Meanwhile, the trend reversals were somewhat unanticipated as bulls led…
Chainlink price paints a bearish picture. LINK’s massive resistance stance at $8.9 The alt has reliable support at $%.9 Chainlink price outlook shows the alternative token exploring bearish tendencies on 13 November 2022. Crypto suffered a massive downside amidst the ongoing turmoil in the cryptocurrency market. LINK’s price remained negative within the last few hours….
Chiliz highlighted that its new PoSA (Proof-of-Staked-Authority) chain was in the testnet phase. The latest market correction saw CHZ price rallying, putting most holders in profit. The leading entertainment and sports fan token platform, Chiliz, revealed two crucial upgrades on its ecosystem in the upcoming weeks. Moreover, it showed the announcement on November 9. The…
LTC price analysis shows upside tendencies. LTC/USD support stands near $54.75. The altcoin encounters rejection at around $63.74. The Latest Litecoin price outlook shows LTC explores bullishness today, following positive sentiment within the marketplace. Meanwhile, bulls target new highs as they explore the $62.64 mark. That cleared the path toward the $63.74 record high. The…
Cryptos exposed to Alameda Research, FTX, and Sam Bankman-Fried seem to have suffered the most. Solana witnessed its total value locked plunging by 32.4% within the past day. That came as the news of FTX callable sent a shockwave in the entire cryptocurrency market. DeFiLlama shows SOL’s TVL dropped to $423.68 million, reflecting a 32.4%…
Avalanche’s Twitter handle for ecosystem news tweeted on November 6 about the project’s weekly subnet statement. The report by AVAX Daily revealed some notable updates that the blockchain experienced. The tweet confirmed that AVAX’s subnets totaled 36, whereas the total validators stood at 1,219. Moreover, the transaction count over the previous week didn’t see a…
The latest rally in the crypto space saw Tron exploring 5-day peaks of $0.06382 as of November 5 (Coinmarketcap data). The alternative token ranked 15th by market cap. Moreover, TRX lost 1.5% over the previous day to its press time value of $0.06351. Evaluating the asset’s daily chart showed Tron buyers dominated the market on…
Bitcoins saw a rebound from its short-term EMA to display a robust bullish inclination. BTC’s development activity and social dominance formed a downtrend. Bitcoin’s current upside supported buyers to initiate a closing beyond its 20 and 50 Exponential Moving Averages on the 24hr chart. Meanwhile, buyers revived momentum after climbing beyond the longer-term trend-line support…
NBA Top Shot gained popularity in early 2021, as Dapper Labs’ digital collectibles platform helped bring Non-Fungible Tokens(NFTs) into the mainstream. However, the hype was short-lived as sales have gradually dropped over time. In October 2022, the NFT marketplace recorded the lowest monthly trading volume since December 2022. According to CryptoSlam, an NFT analytics platform,…
CleanSpark, a BTC mining firm, has purchased 3,843 crypto miners to consolidate its position within the marketplace. The company bought the Antminers Pro for $5.9M at $15.50/Terahash. Also, CleanSpark confirmed machine count purchased since the bear market arrived stands over 26,500. The deal remains critical as it emerged when most mining firms file for insolvency…
ADA price seems to gain strength for the next upside. Price has steadied beyond $0.38 before dipping into a sideways setup. Downward corrections to $0.35 might materialize if Cardano losses the floor at $0.40. Cardano’s price outlook is neither bearish nor bullish today, as the altcoin dipped into a sideways pattern near the $0.40 area….
Bitcoin has ended an exciting week experienced in a while. That’s because the asset’s October decline extended the bearish bias since mid-August. Consequently, the latest rally eased the tension amid the market downturn, translating to excitement during the previous week’s rally. However, can BTC bulls sustain the current uptrend for a while? Though BTC saw…
Hungry Baboon is among Hedera’s top-performing non-fungible tokens. The collection surpassed 10 million in volume within the last two weeks – as of October 29. The NFTs’ official Twitter handle retweeted the narrative. Hedera’s increasing social engagements and mentions could have propelled this growth. Lunar Crush, a social media analytic site, stated that Hedera’s social…
While most digital coins recorded double-digit surges within the last few days, metaverse coins didn’t see similar increases. Coinmarketcap data shows the leading metaverse crypto, ApeCoin, witnessed the most upticks within the past seven days, recording a 10% uptick. Decentraland (MANA) followed with its 4% uptick within that timeframe. Horizon Not Impressive for APE Holders…
Dogecoin saw a sudden surge within the last few days. Though the market structure remained bullish during this writing, investors should watch for this support break to highlight a bearish resurgence. Dogecoin has hovered inside the $0.67 – $0.057 range since December 2021. Meanwhile, Bitcoin has defended the support level at $19K over the last…
MANA’s critical resistance zones at $0.72 & $0.82. A bearish block restricted bullish efforts amid the latest bounce. Decentraland (MANA) boasted a $1.12 billion market capitalization during this publication, though this number might drop in the upcoming weeks. The Metaverse token has sustained massive bearishness since August. Meanwhile, MANA’s failure to sustain the $0.75 mark…
Coinbase will offer custody of MakerDAO’s USDC treasury worth about $1.59 billion. The deal allows the DAO to earn nearly 1.4% rewards on the funds. Coinbase submitted the proposal on 6th September and got approved by 70% of votes on Monday 25th October. USDC represents one-third of the treasury and allows users to deposit collateral…
