Cryptocurrency Analysis and News Portal
Bitcoin is showing positive signs above the $20,500 zone against the US Dollar. BTC could rally if there is a clear move above the $21,250 resistance zone. Bitcoin remains well supported above the $20,000 and $20,500 levels. The price is now above the $20,500 level and the 100 hourly simple moving average. There
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XRP was consolidating between $0.24 and $0.33 for the last one week. The altcoin registered an upside over the last 24 hours. XRP registered demand which caused the coin to witness recovery on its chart. The cryptocurrency market also registered an overall rise in prices as buyers were slowly re-entering the
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The rapid surge in share of stablecoins like Tether (USDT) in the cryptocurrency market may point to an upcoming crypto upside, according to analysts at the American investment bank JPMorgan Chase.The percentage of stablecoins in the total crypto market value has been on the rise, reaching new historical highs in
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The crypto crash can be unnerving, but the crypto community sustains its bullish position for the Ethereum (ETH) price by June 30, 2002. They are projecting it to soar by 78% at the end of the month. The CoinMarketCap community has predicted ETH will trade at $3,140 at the end of
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Prices were at $30,272 late Sunday, after falling as low as $28,700 earlier in the week. Bitcoin last saw a positive week of gains in mid-March as prices jumped from $41,000 to $46,000. It has slid every week since then, falling nearly 60% from November highs of just over $69,000. Original
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LUNA has been on the decline since the crash of the UST rocked the crypto space earlier this month. What had been one of the most successful cryptocurrencies in the market had quickly turned sour. The digital asset had fallen from trading around the $100 level to trading a couple
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Bitcoin extended its recovery above the $41,400 against the US Dollar. BTC could rally further if there is a clear close above the $41,500 and $41,800. Bitcoin started a decent recovery wave above the $41,000 and $41,400 levels. The price is now trading above $41,000 and the 100 hourly simple moving average. There
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JPMorgan Chase & Co. has warned that any upside for crypto markets from here would likely be more limited. Basing their prediction on the relationship between stablecoins and the rest of the crypto market, the bank’s analyst explained that stablecoins’ share of the total crypto market cap “no longer looks
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The Fantom Foundation announced an extension of its Incentive Program. The initiative was successful, it received 100 applications to support the ecosystem and disbursed 35 million FTM. Thus, the organization is ready to increase it by ten-fold. Related Reading | Why Fantom Fell 22% Following Key Personnel Exit This extension will disburse
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Cardano was pushed down in the crypto top 10 by market cap as LUNA and XRP took over its former place. However, ADA’s price has been surging in the last month and could reclaim previous highs as the general sentiment turns bullish. Related Reading | Cardano Soars 13% On Rumors Of
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