Will XRP Price Defy A 50% Stock Market Crash? Analysts Weigh-In
The financial world is abuzz with speculations on the resilience of cryptocurrencies amidst potential global financial upheavals and a looming recession in
Read MoreThe financial world is abuzz with speculations on the resilience of cryptocurrencies amidst potential global financial upheavals and a looming recession in
Read MoreWith contrasting events in the industry, crypto investment products have witnessed a continuous outflow for the sixth week. Some altcoins demonstrate resilience
Read MoreIt’s been six months since Terra’s algorithmic stablecoin UST (now USTC) depegged from the U.S. dollar and the price has remained depegged from the greenback since May 9, 2022. Currently, the former stablecoin is exchanging hands for $0.02 per unit, but a number of Terra Classic supporters believe there’s a
Read MoreThe price action displayed by top altcoins in recent times has yet to be encouraging with the market’s erratic price movement after a cascading effect suffered by FTX led to many altcoins, including the price of Ethereum (ETH), battling for survival. The Domino effect of the FTX saga and other
Read MoreLINK’s price holds strong as price eyes a rally to $12 after breaking out of its long-range accumulation zone. REEF’s price continues to
Read MoreCSPR’s price remains strong despite price facing rejection from a high of $0.055 as the price holds above the key support area. TWT
Read MoreSummary: Bitcoin miners based in China now control 21.1% of BTC’s hashrate. China is now ranked second in Bitcoin’s hashrate, hinting at the existence of covert mining facilities. This is despite China’s government reiterating in May 2021 its ban on Bitcoin mining and crypto trading. Due to the ban, the dominance of Bitcoin miners
Read MoreCanada's war on Bitcoin (BTC) appears to be backfiring as the country's flagship exchange-traded fund (ETF) adds thousands of BTC.Data from on-chain monitoring resource Coinglass shows that over the two weeks to Feb. 24, the Purpose Bitcoin ETF has increased its holdings from 28,854 BTC to 32,257 BTC — 11.8%.Institutions
Read MoreLast weekend, the Bitcoin price fell below the psychologically significant support level of $50,000. Furthermore, the 50 day moving average was breached to the downside and some popular technical indicators – such as the MACD – are flashing bearish warnings. The confluence of downwards price action, bearish signals, and negative news
Read MoreEthereum has declined over the past 24 hours alongside Bitcoin and the aggregated cryptocurrency market. Despite flashing some signs of strength in recent times, this has not been enough to break its tight correlation with BTC.Analysts do believe that the cryptocurrency is now positioning itself to post a massive upwards
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