Cryptocurrency Analysis and News Portal
Bitcoin (BTC) formed a trading pattern on Jan. 8 that is widely watched by traditional chartists for its ability to anticipate further losses.In detail, the cryptocurrency's 50-day exponential moving average (50-day EMA) fell below its 200-day exponential moving average (200-day EMA), forming a so-called "death cross." The pattern appeared as
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Bitcoin (BTC) is stuck in a narrow $550 range between the key long-term moving averages today, but may be prepping for a breakout, the technical charts suggest.With the bull/bear bias now unclear, the big problem now is trying to work out in which direction the price will go.As of writing,
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The debut lines up Polygon, an ethereum scaling solution, as Opera’s first supported layer-2 token. MATIC is the gas for Polygon’s EVM-compatible ecosystem of 3,000 decentralized applications, including trading, NFTs and lending. Being in Opera’s native wallet lineup means users will have more seamless access to that realm. Source
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Avalanche (AVAX) strengthened its case for a potential upside run towards $160 in the coming sessions as it broke out of a classic bullish pattern earlier this week.Dubbed "bull flag," the pattern emerges when the price consolidates lower/sideways between two parallel trendlines (flag) after undergoing a strong upside move (flagpole).
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Former First Lady Melania Trump bemused the Twittersphere on Thursday with the announcement that she’s launching her own NFT platform.Her debut non-fungible token (NFT) release is titled “Melania’s Vision,” and features watercolor style artwork of her own cobalt blue eyes, “providing the collector with an amulet to inspire,” according to
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If blockchain technology is going to become the backbone of a new financial infrastructure, some company will have to serve as an intelligence hub for its data – storing the world’s information and making it useful, as the old Google saying goes.With a $75 million raise backed by some of
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Cardano (ADA) may rally by nearly 30% in the coming days as it hints at forming a classic bullish reversal pattern.Sharp ADA rebound underwayDubbed "triple bottom," the pattern typically occurs at the end of a downtrend and consists of three consecutive lows printed roughly atop the same level. Meaning, triple
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Growing inflation has become a mounting concern for nations around the world, especially the United States. The U.S. has seen one of the sharpest rises in consumer inflation over the past year. Lawmakers around the globe have claimed that they didn’t see the inflation coming, but people often draw their attention
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Solana (SOL) held onto its intraday gains on Nov. 30 as Grayscale Investments, the largest cryptocurrency fund in the world, announced that it would add SOL to its product line.The digital asset class is growing, and we’re expanding our offerings along with it! Gain exposure to $SOL, the native token
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The race to build crypto-enabled internet connections is heating up with another contender, GIANT Protocol, planning to leverage telecoms’ massive footprint.Founder Suruchi Gupta, who leads GIANT (Global Internet Access Network Token), told CoinDesk her new startup is working to essentially tokenize spare bandwidth, turning cellular access into a digital asset
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