Avalanche’s native cryptocurrency, AVAX, experienced a significant breakthrough when it successfully surpassed a crucial barrier at $13. This obstacle had proven to be a significant challenge for AVAX bulls in the previous weeks, hindering their upward momentum. However, drawing inspiration from Bitcoin’s impressive surge past the $30,000 mark, AVAX followed suit and decisively shattered this […]
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Shiba Inu lead developer Shytoshi Kusama recently published a new blog post about the latest developments in the SHIB ecosystem. However, while the focus of Kusama’s blog post was on Shibacals, there was a more hidden news: Shibarium’s partnership with AI meme token project Bad Idea.AI. The project’s official Twitter account also drew attention to […]
Dogecoin (DOGE) has recently experienced a rollercoaster ride. For over a week, its price struggled to break through the $0.063 resistance level, leaving investors uncertain about its future. However, there is a glimmer of hope as DOGE has managed to rebound from the support trendline of a channel pattern, sparking renewed interest and increasing accumulation […]
MATIC price is recovering from the $0.55 support zone. Polygon might rise further toward the $0.725 and $0.750 resistance levels. MATIC price is attempting a recovery wave above the $0.60 resistance against the US dollar. The price is trading above $0.64 and the 100 simple moving average (4 hours). There was a break above a […]
Ethereum price is rallying above $1,850 against the US Dollar. ETH is clearly following Bitcoin’s rally and might soon test the $2,000 resistance zone. Ethereum is moving higher above the $1,850 and $1,880 resistance levels. The price is trading above $1,850 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming […]
Bitcoin price is surging above $30,000. BTC is up over 10% and it seems like the bulls are not done yet and might be aiming for a move to $32,000. Bitcoin is gaining pace above the $30,000 resistance. The price is trading above $29,500 and the 100 hourly Simple moving average. There is a key […]
Dogecoin emerged as a highly popular cryptocurrency, originating from the world of internet memes. Despite its initially modest beginnings and relatively low value, it has amassed a large and enthusiastic community of followers. Dogecoin has gained significant popularity and a passionate community of supporters. The value of Dogecoin has been influenced by celebrity endorsements and […]
Fantom (FTM) has been underperforming in the past few months, shedding virtually all the profits gained at the beginning of the year. However, the bulls seem to be back in control, as the cryptocurrency price indicates increased buying pressure. Related Reading: Bitcoin Price Breaks Above $30,000: Is The Bull Run Back On? Fantom Price Jumps […]
Core Scientific, a prominent Bitcoin mining company, has recently made headlines as it filed for Chapter 11 bankruptcy protection. The move comes as the crypto industry grapples with the enduring effects of the ongoing crypto winter, impacting various firms in the sector. Core Scientific’s decision to seek bankruptcy protection is part of its strategy to […]
Bitcoin (BTC), the largest cryptocurrency in the market, has demonstrated a strong shift in investor sentiment. Over the past 24 hours, BTC has surged by an impressive 9%, currently trading at $29,300. However, Bitcoin still faces significant hurdles, with a resistance line placed at $29,500, as well as a key psychological level at $30,000 that […]
Bitcoin is finally showing some green over the past week as the cryptocurrency rose from the mid-area of its current levels. The number one crypto by market cap seems poised to extend its rally, can it finally break from its current range? As of this writing, Bitcoin (BTC) trades at $29,000 with an 8% profit […]
At present, the price of Solana (SOL) is showing signs of recovery from a corrective phase. However, to sustain the momentum, it is crucial for SOL to surpass a significant resistance level. In the past 24 hours, SOL has experienced a 4% increase in value. Over the course of the past week, the altcoin has […]
On-chain data shows that derivative exchanges have observed elevated activity as Bitcoin has rallied towards the $29,000 level. Bitcoin Spot Vs Derivative Trading Volume Ratio Has Been Quite Low Recently As pointed out by an analyst in a CryptoQuant post, the latest price increase is mainly driven by the derivatives. The indicator of interest here […]
The crypto market is currently on a rebound, with several assets recording little gains in the last few hours. Conflux (CFX), one of the trendiest assets of 2023, has gained by 20.17% in the last 24 hours, emerging as the second biggest daily gainer, according to CoinMarketCap data. Prior to its price boost yesterday, Conflux […]
The crypto market entered an upward trajectory in the past 24 hours, with most coins, including Bitcoin Cash (BCH), making notable price moves. Speculations and anticipation around BlackRock’s spot BTC application, and the recent WisdomTree and Invesco filing, could be driving the surge. Also, the just-launched Wall Street-backed crypto exchange EDX must have contributed, to […]
Several United States asset managers have sought the US Securities and Exchange Commission’s (SEC) blessing to start a spot Bitcoin exchange-traded fund (ETF). However, companies like WisdomTree, Grayscale, and One River Asset Management only received the SEC’s rejection. However, the SEC’s denial didn’t deter WisdomTree as a June 21 Bloomberg report revealed that the asset […]
Bitcoin price is back above $30,000 for the second time in 2023, with bulls hoping it not only holds this time, but leads to renewed confidence in the crypto market. Is this a sign the bear market is over and the bull run is back on? Or is this just a bear market rally that […]
The price of MATIC has experienced an increase in recent trading sessions, surpassing its important support level. In the past 24 hours, the MATIC price has risen by approximately 6%. However, when considering the weekly chart, the altcoin has not shown significant value growth. The technical outlook for MATIC remains bearish, indicating negative sentiment. Both […]
Data shows the Bitcoin investor sentiment has turned to greed for the first time since May as the asset’s price has shot up towards the $29,000 level. Bitcoin Fear & Greed Index Is Pointing At “Greed” Now The “Fear & Greed Index” is an indicator that tells us about the general sentiment among the investors […]
The crypto market has been thrown into a euphoric state over the last 24 hours as the price of Bitcoin has surged once more. In its latest run, the digital asset was able to retest the $29,000 resistance before being rejected but continues to hold up nicely above $28,000. This time around, dominance from US […]