Cryptocurrency Analysis and News Portal
The leading cryptocurrency changed hands near $42,700 at press time, a gain of about 4% on the day. A drop to $41,000 after Powell's comments was short-lived, and the prices rose to $43,350 early today. Futures tied to the S&P 500 are pointing to a 0.32% gain. The index was
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It appears the root cause of concern is the potential
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XRP price risks dropping by more than 25% in the coming weeks due to a multi-month bearish setup and fears surrounding excessive XRP supply.XRP descending triangleXRP has been consolidating inside a descending triangle pattern since topping out at its second-highest level to date — near $1.98 — in April 2021. In doing so,
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Bitcoin (BTC) plunged to below $38,000 on Monday, giving up all the gains it had made last week, which saw BTC/USD rally over $45,000.BTC back below $40K as oil soarsThe losses appeared primarily in part due to selloffs across the risk-on markets, led by the 18% rise in international oil
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Development never stops in the blockchain sector and projects that continuously evolve are the ones that stay at the forefront and survive over the long-term. One project attempting to stay on top of the innovation wave is Waves, a multi-purpose blockchain protocol designed to support a variety of use cases, including
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Bitcoin (BTC) extended its gains, hitting nearly $45 thousand on March 1 as interest rate speculators reduced their bets on aggressive rate hikes in 2022 and the number of whale addresses spiked amid speculations that BTC is proving itself as an apolitical safe-haven.Traders reduce half-point bets for MarchBTC's price surged
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Ethereum (ETH) and decentralized finance (DeFi) are undergoing a seismic shift as the transition to Eth2 and a proof-of-stake consensus mechanism is helping to increase the value proposition for the network which has historically has been plagued with scaling issues and high transaction costs. Alongside this transition has been the introduction
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The cryptocurrency market has had a less than stellar start to the year and it appears that the downtrend that began after the November 2021 market peak has been extended thanks to a multitude of negative developments, including the expectation of rising interest rates and the threat of a war
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It seems crypto winter is upon us and during times like these, projects that continue to forge ahead by focusing on development and expansion are often rewarded by traders who are looking to set up long positions where strong fundamentals trump the absence of short-term gains.One project that has weathered
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NFT Metaverses became by far the hottest trend in the gaming universe in 2021. The explosive success of games like Axie Infinity, which has sold over $3 billion in NFTs, looks like the beginning of a new era where gaming meets crypto – and gamers can finally reap extraordinary rewards
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