Cryptocurrency Analysis and News Portal
On-chain data shows the number of stablecoin transactions going into spot exchanges have risen recently, something that could help fuel a Christmas Bitcoin rally. Stablecoin Deposits To Spot Exchanges Have Shown Increasing Demand Recently As pointed out by an analyst in a CryptoQuant post, there has been an increasing demand on spot
Read More
The Trump Digital Trading Cards lead the Polygon POS NFT collections with a 24-hour trading volume of approximately 449.01 ETH.While denying fundraising for the 2024 presidential campaigns, former United States president Donald J Trump has unveiled a limited edition collection of his non-fungible tokens selling at $99 each. The limited
Read More
Bitcoin and the broader crypto market rapidly reversed course in response to the U.S. Federal Reserve’s announcement of a 50-basis-point increase in interest rates, erasing any gains made before the disclosure. The Federal Reserve has been steadily raising interest rates in an effort to ease the economy and rein in inflation,
Read More
Place/Date: - December 9th, 2022 at 2:30 pm UTC · 3 min read Source: Cryptoons Photo: CryptoonsMany things about the ecosystem were unknown during the coin market’s early days. As the coin market has grown extensively over the past decade, many people
Read More
Cardano (ADA) exited the month of November with its total market capitalization and its blockchain’s total value locked (TVL) taking a heavy hit from the FTX collapse that dragged down the entire crypto market. According to data from CoinMarketCap, when last month ended, ADA’s overall valuation was at $10.7 billion, 23%
Read More
After the recent speech by US Federal Reserve chairman Jerome Powell, there was a price firework on the stock market, from which Bitcoin also benefited. As a result, the BTC price has climbed to over $17,000. At press time, Bitcoin was trading at $16,982. However, the joy could not last long.
Read More
The wish of owning cryptocurrencies this Christmas came true for a 12-year-old schoolkid with an intelligence quotient (IQ) higher than Albert Einstein. Barnaby Swinburn, a resident of Bristol, England had asked for two Christmas presents, a Mensa test for testing his IQ and a cryptocurrency portfolio. According to BristolLive, Swinburn scored
Read More
Bitcoin (BTC) held $50,000 into Dec. 25 as BTC bulls avoided an unwelcome Christmas Day surprise. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView"Bears become bulls" short term?Data from Cointelegraph Markets Pro and TradingView showed BTC/USD maintaining $50,000 support into the weekend, having ranged after local highs above $51,500.The pair was calm
Read More
'Twas the night before Christmas, when all thro' the TwittersphereNot a troll was stirring, not even a financier;The crypto was HODLed in cold storage with care,In hopes that Satoshi would soon reappear;The newbies avoided FUD and slept in their beds,While visions of lambos danc'd in their heads. And Pomp being
Read More
Such RSI levels were previously seen early November when, bitcoin traded at its previous high around $67,000. Prices fell to under $59,000 the following week. However, Friday’s reading doesn’t necessarily mean a price drop will occur, as asset prices are dependent on several market dynamics. Original Source
Read More