Cryptocurrency Analysis and News Portal
Instagram's parent company, Meta, announced Wednesday that it will begin testing NFTs on Instagram Stories using its augmented reality platform Spark AR.CEO Mark Zuckerberg said of the news, “We're expanding our test so more creators around the world can display their NFTs on Instagram.” The company also stated in an announcement, “Creators and
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Ethereum struggled to gain pace above the $2,000 resistance against the US Dollar. ETH is correcting lower, but dips might be limited below the $1,900 zone. Ethereum started a downside correction from the $2,000 resistance zone. The price is still trading above $1,900 and the 100 hourly simple moving average. There is
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Bitcoin (BTC) upended buy trends through May 10 as BTC/USD sank below $30,000 for the first time since July 2021.Data from on-chain analytics firm CryptoQuant showed exchange reserves start increasing as panic gripped crypto markets.BTC flows back to exchangesAfter seeing a sustained downtrend, the amount of BTC on major exchanges
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Sentiment in the cryptocurrency market is on the upswing after small gains from Bitcoin (BTC) and altcoins hint that the market could be in the process of a bullish breakout.A handful of altcoins are also finding momentum and a round of fresh partnership announcements appear to back the 40% gains
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Bitcoin started a steady increase above the $42,000 resistance against the US Dollar. BTC tested the $43,400 zone and recently corrected lower. Bitcoin started a downside correction after a test of $43,400. The price is trading above $42,000 and the 100 hourly simple moving average. There is a key bullish trend line forming
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Ethereum failed to surpass $2,780 and corrected lower against the US Dollar. ETH price must stay above $2,570 to start a fresh increase in the near term. Ethereum struggled to clear the $2,780 zone and corrected gains. The price is now trading below $2,650 and the 100 hourly simple moving average. There was
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Financial research firm FSInsight predicts in a new report that Bitcoin could reach $222,000, and Ether could reach $12,000, by the end of 2022.At current prices of BTC ($43,350) and ETH ($3,080), that would mean a nearly five-time and four-time increase in price for each coin respectively.The Digital Assets In
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Ethereum failed to clear $2,800 and corrected gains against the US Dollar. ETH price must stay above the $2,600 support to avoid more downsides. Ethereum started a downside correction after it failed to surpass the $2,800 resistance. The price is now trading near $2,650 and the 100 hourly simple moving average. There is
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Ethereum gained pace above the $2,700 resistance against the US Dollar. ETH price could extend gains if there is a clear move above the $2,800 resistance. Ethereum gained pace above the $2,650 and $2,750 resistance levels. The price is now trading above $2,700 and the 100 hourly simple moving average. There is a
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Bitcoin found support near $35,550 and started a fresh increase against the US Dollar. BTC must clear $38,000 for additional upsides in the near term. Bitcoin corrected lower but the bulls were active near the $35,550 zone. The price is now trading above $37,000 and the 100 hourly simple moving average. There was
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