Cryptocurrency Analysis and News Portal
The S&P 500 Index soared 5.85% last week, its best performance since November 2022. A large part of the gains were fuelled by expectations that the Federal Reserve will not hike rates anymore. In comparison, Bitcoin (BTC) had a much muted performance with a rise of approximately 2%. However, a positive
Read More
Initially, Apple store users across Latin America and Asia in countries including Argentina, Colombia, Peru, Mexico, Venezuela, Indonesia, Malaysia and Vietnam will have access to the card-based game called Axie Infinity. The game already has 1.5 million installations across all platforms. Sky Mavis, the creator of the play-to-earn project, plans
Read More
Unlocks are widely considered bearish catalysts. That's because holders benefiting from the unlock have the new ability to sell their coins, potentially adding to the supply in the market. It's common for early stage projects to lock tokens to prevent big holders, typically early investors or project team members, from
Read More
Place/Date: - January 25th, 2023 at 5:16 am UTC · 4 min read Source: Orbeon Protocol A few cryptocurrencies recently gained momentum, and gathered the interest of investors. Among them, the current trends are focused on the increasing popularity of Gala (GALA),
Read More
Some observers have long argued that the impact of unlocks accentuate the prevailing market trend. "Large unlocks of tokens are a complex event that interface with market psychology. Simply put, large unlocks can be bullish catalysts in bulls, and bearish catalysts in bears. They unlock liquidity to continue the prevailing
Read More
Place/Date: - January 12th, 2023 at 7:17 am UTC · 4 min read Source: Orbeon Protocol Cryptocurrency projects are turning into one of the fastest-growing markets in the world. The current space is expected to grow at a staggering rate in future.
Read More
The relief rally in the United States equities markets took a breather this week as all major averages closed in the red. Traders seem to have booked profits before the busy economic calendar next week.The S&P 500 index dropped 3.37%, but a minor positive for the cryptocurrency markets is that
Read More
With a favorable environment for alternative cryptocurrencies far away, a rise in open interest in AXS futures implies traders shorting the rally, one trader said. Source
Read More
The Axie Infinity price has skyrocketed in the past week; the altcoin has secured close to 40% appreciation. On the daily chart, AXS registered a 4.8% spike. This positive price sentiment can be tied to the recent developments within the AXS ecosystem. Axie Infinity’s community made its first move into developing
Read More
Axie Infinity (AXS), a cryptocurrency with an overall valuation of $964.02 million, is in the midst of a bullish run that enabled it to tally an impressive 22% jump in the last 24 hours. At the time of writing, according to tracking from Coingecko, the digital asset is changing hands at
Read More