Cryptocurrency Analysis and News Portal
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Cryptocurrencies are known for their volatility and continually transforming environment. While certain digital assets undergo rapid ascents and descents, others remain relatively static, leading investors to question their prospects for growth. Quant serves as a prime
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The Bitcoin mining industry has aroused controversial debates globally due to its energy rate consumption.The Bitcoin mining difficulty has scaled to a new all-time high, 36.84 trillion, after recording a spike of 3.44 percent in the previous adjustment. The current Bitcoin hash rate stands at 257.77 EHs. The rise in
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Since the Terra stablecoin fiasco in May, the top stablecoins by market capitalization dropped 10.66% from $171.37 billion to today’s $153.09 billion. During the last two months, the top stablecoins by market capitalization have seen little growth remaining at $153 billion since mid-July. For More Than 2 Months Stablecoin Market
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Since hitting an all-time high of $69,000 in November 2021, the price of Bitcoin has been declining. The current decline resulted in a low of $17,622 in June. A long lower wick was produced by the subsequent bounce. The bounce confirmed the $19,200 horizontal area’s worth of support. The region had
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It’s the calm before the storm. What to do when the Fear and Greed index turns grey? Warren Buffett already told us to be greedy when others are fearful. We already know that we should be fearful when others are greedy. What should we do when the market it’s at
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Cardano’s ADA was among the best performers in the cryptocurrency market this week as traders assessed its bullish prospects against a stagnating top rival Bitcoin and an ongoing craze for non-fungible tokens, or NFTs. The blockchain asset jumped to the third rank after undergoing a 19 percent price rally. As of
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Ethereum is in the midst of rocketing higher despite stagnation in the Bitcoin price. Just minutes ago, the
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From a macro perspective, Bitcoin has basically flatlined. If you’ve followed the cryptocurrency market over the past few weeks, you probably know this. But BTC’s boring price action is a point worth repeating.Just look at the image below shared by a cryptocurrency technician and trader. It shows that the three-day
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After posting solid gains in January, a key measure of competition among bitcoin miners has stagnated in the past two weeks as the coronavirus outbreak disrupts economic activity in China.The slowdown in the growth of so-called mining difficulty signals that miners have had to pause upgrading equipment after the epidemic
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Around three weeks back, altcoins suddenly started to rip higher; Ethereum gained 10% in a single day, Litecoin rocketed up by 8%, XRP gained some 20-30% in three days’ time, and so on and so forth.But since then, this odd trend in the crypto market, which has been dominated by
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