Cryptocurrency Analysis and News Portal
Elsewhere, Ahmed Ismail, CEO of liquidity aggregator Fluid said that while the current positive sentiment in the market was largely due to the Ethereum news, the broader sentiment in crypto markets was “strongly linked” to the global macro-economic climate, “which is currently not very optimistic.” Source
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Since failing to close above the $2,000 mark, Ether (ETH) price has faced a steep 16.8% correction, but this was not enough to give bears an edge in the August $1.27 billion monthly options expiry.Ether USD price index, 12-hour chart. Source: TradingViewCurrently, there are mixed feelings about the network’s upcoming
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Uniswap price displayed almost no movement over the last 24 hours as the coin registered 0.8% downward movement on its chart. UNI was hovering around the $7 price level and was unable to break past its closest price ceiling. If the coin does not manage to move past the resistance
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The crypto community is patiently waiting for the highly anticipated Ethereum network upgrade from proof-of-work (PoW) to proof-of-stake (PoS) as The Merge is expected to happen 27 days from now. After Ethereum transitions from PoW to PoS, only two crypto assets in the top ten market cap rankings will be
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Within the past few years, cryptocurrency adoption and acceptance have dramatically increased. As a result, many developers and other participants joined the digital asset train to boost the expansion of the industry. Then came the float of several decentralized protocols, NFT projects, applications, exchanges, and other products that distinguish the
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Recent news reported the constant increase of developers in some renowned digital currencies, especially Ethereum. The effect has increased the Web3 community strength and is looking to maintain this course in the long run. The news cited that the growth is a function of the participation of developers in the major
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On-chain data shows the Bitcoin whale exchange inflows have remained down after hitting a local peak a while back, a sign that could prove to be bullish for the price of the crypto. Bitcoin Whales Aren’t Sending Many Coins To Exchanges Right Now As pointed out by an analyst in a CryptoQuant
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“It misses the significant diversity within retail, underestimating the power of simplicity,” said Brendler in a note to clients. "Despite below-consensus expectations for Q2 and beyond, we're sticking with Coinbase as we believe the 2022 ‘crypto winter’ will ultimately work to its advantage.” He has a buy rating and $90
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Talk of a lengthy “crypto winter” has many investors fretting, so the bullishness among professionals with much at stake stands out. As with conventional markets such as stocks, though, crypto’s path does probably hinge on whatever the Federal Reserve does with U.S. interest rates. And, indeed, Cumberland’s clients took that
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Bitcoin maximalist Michael Saylor has announced that he will step down as the chief executive officer of MicroStrategy, the business intelligence firm he helped co-found in 1989.In a Tuesday notice on its second quarter earnings for 2022, MicroStrategy said Saylor would be assuming the new role of executive chair at
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