Uniswap price analysis: UNI prices plummet to $4.71 as selling activity intensifies
Uniswap price analysis shows the market has been trading in a downtrend for the last 24 hours, with the price falling from $5,0 to its current level of $4,71. The market is currently facing resistance at the $5.0 level, and a further decline is expected if this level is not broken. The overall market sentiment […]
Vechain price analysis: VET prices soar to $0.03106 after a bullish run
Vechain price analysis for today shows a bullish market with prices hitting a high of $0.0312. VET’s price is currently facing resistance at the $0.03245 mark and if prices can push through this, we could see an extension of the bullish rally to the $ 0.03400level. The price has continued to rise, and it’s now approaching […]
Cryptocurrency correlations are high, says the European Central Bank
The past few weeks and months have emphasized the correlation between cryptocurrencies and the stock market. Therefore, the European Central Bank (ECB) has warned consumers and investors of this phenomenon. The Central Bank pointed out a few instances where the correlation was at its peak. It includes stressing market conditions of March 2020, December 2021, […]
Coinbase adds Avalanche and MATIC to its wallet
Coinbase, one of the biggest crypto exchanges across the United States of America, has announced the addition of more tokens to its swap collection in its wallet. According to the exchange, the tokens will be available due to the support that the wallet will provide to the BNB Chain and Avalanche. In the statement some […]
Litecoin Mimblewimble upgradation spurred chaos in leading Korean exchanges
Similar to other cryptocurrencies, Litecoin exists in a decentralized form. It is the most widely accepted alternative for Bitcoin. In the crypto market, Litecoin is incredibly renowned as the digital silver. It has brought some modifications to the blockchain system. It does not require the involvement of a third party during the transaction. Therefore, Litecoin […]
Polkadot price analysis: DOT prices stabilize above $10.0 after a brief bullish run
Polkadot price analysis indicates DOT prices are looking to stabilize at $10.0 as bulls rule the market. The prices opened the daily trading session at $9.87 and hit a high of $10.0 in the first few hours. The prices have been on a slight downtrend since then but are currently trading around $10.28.The prices are […]
Terra admits to facing technical issues in resuming LUNA and UST transfer
Early Monday, Terraform Labs team admitted to facing roadblocks in re-enabling a transfer function for LUNA and UST, which was temporarily stopped to save users from further losses during the debacle. After the UST stablecoin lost peg, the network’s IBC (Inter-Blockchain Communication) channels were closed to prevent impermanent loss of UST and LUNA pools on […]
Hackers compromise Beeple’s Twitter to post Louis Vuitton phishing link
The cryptocurrency market has seen a lot of scams in recent times. In recent times, the cryptocurrency market has seen an increase in scams. The latest scam to hit the space is that of Beeple’s Twitter account being hacked to post a fraudulent link. These have been in the form of phishing attacks, Ponzi schemes, […]
Stellar price analysis: XLM/USD struggles to retest the $0.133 resistance
TL;DR Breakdown Stellar price analysis shows slightly bullish sentiments, but the overall market is indecisive. The market took a positive turn after yesterday’s bearish engulfing. Current support levels are set around the $0.127 mark. Stellar struggles to retest and break through the $0.1335 mark. The market could take a quick turn for the better or […]
Russian Minister hints at cryptocurrency adoption “sooner or later”
The popularity of digital assets in the global market has grown significantly, owing to the rapid rise of these assets. While some nations remain undecided regarding the legality and adoption of cryptocurrency, others are already laying the groundwork for it. In January, Bitcoin ambassador Nayib Bukele, the president of El Salvador, offered estimations about Bitcoin […]
Avalanche price analysis: Bearish momentum continues as AVAX corrects lower at $31.92
Avalanche price analysis indicates AVAX prices have been trading above $30,0 in the last few hours of the day as bears the market lower. The market has seen a general sell-off, with AVAX price declining by a significant value of 8.97 percent in the last 24 hours. Minor support was set at the $30 range […]
Grayscale Investments set to expand ETF offering in Europe
Grayscale Investments, the world’s largest cryptocurrency asset manager, said on Monday that it will establish an exchange-traded fund (ETF) in Europe made up of firms representing the “Future of Finance.” The cryptocurrency fund will be established on the London Stock Exchange, Borsa Italiana in Italy, and Deutsche Boerse Xetra in Germany. The ETF dubbed “Grayscale […]
Bitpanda’s early investor, SpeedInvest plans a new Seed Fund to counter market turbulence
Bitpanda is an Austria-based fintech company that offers services in cryptocurrencies, commodities, exchange-traded funds (ETFs), and securities trading. The organization holds incredible significance in the digital asset industry for its contributions. Many of Bitpanda’s early investors are also keen contributors to the fintech world. One such example is the SpeedInvest GmbH. It is a venture […]
Litecoin price analysis: LTC faces extreme selling pressure.Crashes to $57.61
TL;DR Breakdown Litecoin price analysis shows that the bears have bled out more than 25 percent of the asset’s price action and the sell-off shows no sign of stopping anytime soon. The overall digital assets are in a severe blood bath as most of the altcoins are declining alongside the major coins Bitcoin and Ethereum. Litecoin is […]
Avalanche price analysis: AVAX nosedives to new lows of $30.04
Avalanche price analysis indicates AVAX closed the week in a bearish trend and is now trading around $30.The prices have declined by 15.08 percent in the last 24 hours and are likely to plummet further. The digital currency has been on a downtrend for the entire week and today it hit the lowest point of […]
Terraform Labs Founder Do Kwon proposes a Terra Rescue Plan
Terra has been at the receiving end of one of the most disastrous downfalls in the history of crypto and blockchain. Terra’s stablecoin project, UST, and its native token, LUNA, crashed in the past few days. LUNA lost almost 99% of its value, whereas the UST lost its peg with the $1. Due to these […]
Galaxy Digital suffers a loss of $300 million in this quarter
Galaxy Digital lost money in the first quarter due to falling cryptocurrency prices, which led the company to incur unrealized trading losses. The recent events in the crypto space have led to some severe outcomes for investors and even crypto-related firms. The downfall of several cryptocurrency tokens has caused frustrating conditions. Moreover, the 99% crash […]
Polkadot price analysis: DOT/USD is up by 10 percent in the last 24 hours
Polkadot price analysis shows that the prices are currently in an uptrend and are expected to continue rising in the near-term. However, prices are facing some resistance at $10.0. Looking at the 4-hour chart, we can see that prices have been on an uptrend since mid-March. Prices reached a high of $8.85 on April 5 […]
Major crypto exchanges delist LUNA as price tanked 100%
After nearly 90% loss within a week, several crypto exchanges have begun to delist Terra (LUNA). Binance and Bybit have delisted LUNA trading pairs, and now top Indian exchanges, WazirX and CoinDCX, are beginning to follow suit. LUNA delisted from Indian crypto exchanges Luna, which was trading at around $80 per token as recently as […]
Shiba Inu price analysis: Set to break above the $0.00002764 resistance
Shiba Inu price analysis for today is bearish as the market has failed to break out of the descending triangle pattern. The $0.00002764 resistance is still in play and if the market fails to break out of it, we could see a further decline towards the $0.00000917 support. Looking at the daily chart, we can see […]
Nearly 400,000 traders lost $1.2 billion after Bitcoin dropped below $27,000
The value of cryptocurrencies lost in the past 24 hours as a result of liquidation skyrocketed to more than $1.2 billion, following the extending downtrend in Bitcoin and the cryptocurrency market in general. Crypto traders lost $1.2B in liquidation Traders are liquidated when over-leveraged and cannot meet margin call requirements due to insufficient balance. Data […]
Korean exchanges warn users against trading LUNA amid price slump
Since this year, Terra (LUNA) has drawn worldwide attention for its status as one of the most powerful cryptocurrencies globally, with its market capitalization growing to become the world’s seventh-largest in March. However, following the crypto’s present downtrend, several of South Korea’s major exchanges have issued cautions about trading LUNA. LUNA’s fall spooks Korean crypto […]
Investors report scams from crypto ads on Facebook
Investors have continued to report scams as criminals have continued to front their malicious platforms using the image of Martin Lewis. According to several reports, the scam ads, mainly from Facebook, saw traders lose more than $700 million last year. This recent report is coming off an earlier one that happened years ago. The same […]
Cardano price analysis: ADA/USD set to dip further below $ 0.6021
TL;DR Breakdown Cardano price analysis shows a bearish trend ADA/USD is currently trading at $0.66 Cardno resistance is present at $0.7 Cardano price analysis is currently undergoing a slight correction after yesterday’s price hike. The market had seen a massive bullish run that lasted for almost two weeks prior to the retracement. ADA has observed […]
Delayed ETFs are coming to Australia soon
Australia has announced the launching of its first cryptocurrency exchange-traded funds (ETFs). It will begin trading on Thursday, May 12. After a delay of two weeks, these ETFs will be up for trading on Australia’s Cboe Exchange. As per the announcement made by the Cboe Exchange, ETFs now have the desired green signal to enter […]
Talo raises $150 million in Series B funding; a start of the new reign of institutions
Talo recently has bagged the title of crypto unicorn that exhibits its success symbol. Talo successfully raised $150 million in the cryptocurrency market to reach a global worth of $1.3 billion. It aims its extension and diversification as an institutional digital asset platform. General Atlantic predominantly led this funding that has attracted new investors as well. […]
Shiba Inu (SHIB) attracts thousands of new holders despite price losses
The number of holders and overall Interest in Shiba Inu (SHIB) has been soaring lately, despite the cryptocurrency market being dragged into a bearish trend this week, with all of the major assets falling. Data from Coinmarketcap showed that SHIB holders have increased over 1.39% over the past 30 days. As of 10th April, the […]
Helium price analysis: Helium rallies high to ATH at $34, correction ahead?
TL;DR Breakdown Helium price analysis is highly bullish today. The HNT/USD is at an all-time high of $34.6. A correction might be awaiting to loom in the coming hours. The Helium price analysis shows the cryptocurrency is in bullish mode today, as the price shows an increase today as well. Helium is on the upward […]
UST falls to $0.65: Luna’s market capitalization plummets 44%
In less than 48 hours, the USD stablecoin TerraUSD (UST) has lost its dollar peg for the second time. The market price for TerraUSD fell to as low as $0.65 on Monday, losing $0.35. The price of LUNA, its sister token, has fallen by 44% in the past 24 hours, ending at $35. The UST, […]
Ripple price analysis: XRP/USD set to break above $0.70
Ripple price analysis is bearish today as the price of XRP/USD is down by 1 percent in the last 24 hours. The pair is trading at $0.69 at press time and looks set to break below the $0.70 resistance. The 4-hour chart shows that the pair has formed a descending triangle pattern and is currently […]
Stellar price analysis: Bullish momentum pushes XLM past $0.37 barrier
TL;DR Breakdown Green candlesticks are dominating the charts in today’s analysis. Stellar price analysis shows a resistance of $0.38. Considerable amount of support is detected at $0.317. As per the latest Stellar price analysis, the bullish uptrend is ruling the market, with a greater number of green candlesticks seen on the chart. Although the past […]
Chainlink price analysis: LINK loses value at $10.06
Chainlink price analysis shows a strong bearish market sentiment as prices lose value to touch $10.06. There is a lot of selling pressure in the market as LINK prices are down by 4.97 percent in the last 24 hours. The market seems to be losing steam and a further downtrend can be expected in the […]
Axie Infinity Price Analysis: AXS/USD to spike to $150 next
TL;DR Breakdown AXS/USD value is now at $142.26. Axie Infinity price analysis is bullish today. Support is sufficient at $121.92. The price is swiftly increasing, as seen by the one-day and four-hour Axie Infinity price analysis. The bullish momentum appears to be gaining strength, and a sufficient increase in AXS/USD value can already be noticed. […]
Solana Price Analysis: SOL/USD to break below $185 in the next 24 hours
TL;DR Breakdown Solana price analysis is slightly bearish today. SOL/USD is currently trading at $200. Bullish momentum returned this morning. Today on the price charts, Solana appears to be bearish. We anticipate that the current bull run will not last long, so we expect another low peak to be soon established. Then, after breaking past […]
Chainlink price analysis: LINK prepares to resume uptrend as it corrects at $11.23
Chainlink price analysis for today is bearish as LINK prices have sought support at the $10.8 level after a sharp decline from the $12 high. Prices are now facing resistance at the $11.5 and $12 levels, where a breakout could see prices resume their uptrend. However, if prices fail to break out above these levels, […]
Aave price analysis: AAVE crashes down to the $160 range as bears show strong resistance
Aave price analysis reveals a strong bearish trend, as a steady decrease in price has been detected today. The most recent technical analysis shows that the cryptocurrency is covering the range downwards at a fast pace as coin value is decreasing against the buyers’ will. The past few hours have observed a continuous degradation in the […]
Sushiswap price analysis: Sushiswap breaks $6.50, swift move to $5 ahead?
TL;DR Breakdown SUSHI moved sideways over the past 24 hours. Support around $6.5 broke after several retests. Next target at the $5 mark. Sushiswap price analysis is bearish for the next 24 hours as the market broke below the $6.5 support earlier today. Therefore, we can expect SUSHI/USD to move towards the $5 mark over […]
XEC Price Analysis: XEC/USD is bearish for the next 24 hours
TL;DR Breakdown XEC price analysis is bearish today. The price of eCash started today at $0.00025635, the lowest price being $0.00024588. XEC/USDT trading pair will remain bearish if Bitcoin doesn’t regain support levels at $43K. XEC price prediction today will depend on many factors that influence the coin price. As represented by the data on Coinmarketcap, […]
Ripple price analysis: Bullish reversal expected in the next 24 hours as XRP hovers near $0.56
Ripple price analysis is bearish today. XRP/USD pair opened the daily chart with sellers in control of the market. The market is currently trading below the $0.5882 level with a bearish bias. The 4-hour chart shows that the XRP/USD pair is in a bearish trend. The market is below the moving averages, and the momentum […]
Quant price analysis: Quant gears up to rise past $258 again
TL;DR Breakdown Quant price analysis is bearish today. The bulls are struggling to gain control. The bears might lose their momentum soon. Quant trades between $258.37 and $252.33 in the last 24 hours. It might be a suitable time to invest as the Quant market is gearing up to recover. Today, Quant price analysis is […]
