Hooked Protocol price analysis: HOOK drops below $1.80. Will the bulls make up lost ground?
Today, the Hooked Protocol price analysis is bearish. Today, the price of the HOOK/USD pair fell below $1.80 as bears pushed the trend downward. HOOK followed the general market trend throughout yesterday’s gloomy cryptocurrency market, when all the main cryptocurrencies were tumbling. However, at the moment, when cryptocurrencies are beginning to recoup some of their […]
Uniswap price analysis: UNI finds support at $5.30, as buyers once again enter the market
There are currently positive indicators in the Uniswap price analysis. The bulls successfully diverted the price function, quickly moving the price from $5.30 to $5.33, and today’s price is now covering the range higher. Given the recent two days’ steep corrections brought on by selling pressure, yesterday’s price function was also downward. There will likely […]
Dogecoin price analysis: Bearish collision eventuates price reduction up to $0.0780
According to the most recent Dogecoin price analysis, the price is once again falling as the market’s adverse influence grows. The price rose last week as the coin recovered from a significant selloff, but it is now falling once more as the bears attempt to stage a comeback. During the day, the price fell to […]
Aptos price analysis: APT corrects to $10.00, a downside to follow?
The latest Aptos price analysis shows a negative trend for the APT token, which has declined from its peak of $10.67 to its current level of 10.00. The bearish move was preceded by an increase in volume and selling pressure on the market, suggesting that downward momentum could be sustained in the near term. The […]
Filecoin price analysis: FIL/USD drops to $5.27 after a protracted period of decline.
Filecoin price analysis shows that the digital asset is currently in a downtrend as it has failed to break out of the $5.53 resistance level. The price has also been trading in a range between $5.27 and $5.33 for the past few weeks, with no signs of a strong breakout. The bears have continued to […]
SEC fines popular exchange for selling unregistered securities in ICO
The US Securities and Exchange Commission (SEC) has imposed fines of nearly $4 million on crypto exchange Coinme for allegedly offering unregistered securities and making misleading statements about its crypto token UpToken (UP). According to the SEC, Coinme, its subsidiary Up Global SEZC, and the CEO of both firms, Neil Bergquist, settled charges related to […]
Chainlink price analysis: LINK slips to $6.92 as bearish trend persists
The Chainlink price analysis shows that the token is trading in bears today. The selling pressure is strong as the token has fallen to $6.92 from its opening today’s price trading in bearish territory. The current trend line on the chart shows that LINK is moving in a downward pattern and the bears are dominating […]
Ethereum Price Analysis: ETH Price slips Below $1,900 as Bears Exert Control
Ethereum price analysis shows a negative trend in today’s session and the bears seem to be in full control of the market. The downtrend has been quite constant since earlier today and this has resulted in a daily low of $1,829 which is currently acting as a support level for the coin. At the time […]
Uniswap price analysis: UNI plummets to $5.38 as bearish trend continues
The latest Uniswap price analysis shows a significant bearish trend as sellers predominated the market over the day. The price of the coin has once again fallen to $5.38, but when the price hit a low, support appeared, and the bulls are now aiming to drive the price levels up once more. The price is […]
Bitcoin Price Analysis: BTC Breaks Below $29,000 After a Bearish Strike
The Bitcoin price analysis reveals that the token has been on a downward trajectory after breaching the resistance level of $29,952. The token has been facing rejection at this level for some time now. The bearish pressure is intensifying, as the Bitcoin price has slipped below the $29,000 level, which was a major support line. […]
Polkadot price analysis: As selling pressure continues, the DOT adjusts to $5.85
The Polkadot price analysis reveals a further decrease in price levels given that the current price is $5.85. The trend has been bearish, as the price levels have been dropping since yesterday. The upward trend that had been in place abruptly changed on April 19, 2023, and the price began to oscillate downward. This caused […]
Litecoin Price Analysis: Bears dominate as LTC drop below $90.00
The most recent Litecoin price analysis shows that the cryptocurrency’s bears have completely taken control of the market. As a result, LTC has dropped below the $90.00 mark and is currently trading at around $87.48. This drop was mainly caused by weak buying pressure from investors as well as bearish sentiment in the wider cryptocurrency […]
Liquity price analysis: LQTY at $1.80 as the token rushes once more in a positive rise
The Liquity price analysis is positive right now. Since it is currently trading at $1.80, the token price has significantly recovered, but how long the recovery will last will depend on the hours to come. The support present at $1.36 is pretty strong, On the other hand, the resistance present at $1.91 is also critical. […]
Chainlink price analysis: LINK trades above $7.26 as bullish momentum builds up.
Chainlink’s price analysis for today shows a bullish recovery after a minimal pullback earlier. The market for LINK opened at $7.1776 with a massive surge that reached a high of $7.26, an increase of 1.02 percent. Currently, LINK is trading at around $7.26, and it looks like the bulls are still in control. There is […]
Ethereum Price Analysis: Bulls Reign Over ETH Market as the Coin Continues to Surge
The Ethereum price analysis is bullish for today as an increase in price has been observed. The market has followed the bullish trend since early today, and the coin has gained significant value since then, as bulls continue their surge. The token is currently trading at $1,927, with a 24-hour surge of 1.69 per cent, […]
Bitcoin Price Analysis: BTC Spikes to $29,799 After Bullish Breakout
The Bitcoin price analysis reveals bulls are taking full control of the BTC market. After breaking past the $29,088 level today, Bitcoin rallied to a high of $29,799 and is up by 1.49 percent, with bulls pushing higher every step of the way. The increase in buying pressure indicates that bulls have taken charge of […]
Litecoin Price Analysis: Bulls push LTC back to $90.71 as bears persist
Litecoin price analysis indicates that the digital asset has been on a downward trajectory in most part of today’s session with the bears pushing the price to the $90.00 level. Currently, bulls have overthrown the bears which have been in control since as of press time, LTC/USD pair is trading at around $90.71, up with […]
Weekly Crypto Price Analysis: BTC, ETH, XRP, BNB, DOGE, and ADA
On April 26, the cryptocurrency market experienced significant volatility due to rumours about large amounts of Bitcoin being transferred from wallets linked to the no longer functioning Mt. Gox exchange and the US government. However, it was slightly positive that Bitcoin and certain alternative cryptocurrencies maintained their support levels. Traders may be looking to take […]
Filecoin price analysis: FIL/USD face strong resistance at the $5.60 level
The latest Filecoin price analysis shows an uptrend in the price action for the FIL/USD pair, with prices rising from around $5.45 all the way up to the $5.66 level. FIL opened its trading session at the $5.64 level before the bears took control pushing the price down to the current level of $5.52 showing […]
Lightning Labs unveils new features with its latest update
Bitcoin technology startup Lightning Labs, a key developer of the Lightning Network, has released an update to its Litd node management tool that is intended to make Bitcoin and Lightning easier to use. This update aims to improve user experience and help onboard new users, regardless of their level of expertise. Lightning Labs wants to […]
FDIC levels fraud accusations against Cross River bank
Cross River Bank, a leading financial institution that provides services to fintech and crypto firms, has been ordered by the Federal Deposit Insurance Corporation (FDIC) to address weaknesses in its lending activities and promptly self-correct any violations of fair lending laws. The FDIC issued a consent order on March 8, alleging that the bank engaged […]
Brazil’s president drums support for new trade currency creation
Brazilian President Luiz Inacio Lula da Silva has drummed his support for creating a currency for trading between BRICS countries. The BRICS group comprises Brazil, Russia, India, and some others. Lula made his latest remarks during a speech in Spain, without providing further details. The Brazilian President wants to eliminate the reliance on the US […]
Uniswap price analysis: UNI value upgrades to $5.62 after a bullish market
Uniswap price analysis shows bullishness today as the market witnessed a considerable improvement in price levels. The bulls led a rally that elevated the price levels to the $5.62 range, indicating an uptrend in the market. This indicates bullish sentiment in the market, as the bulls are pushing up the price. The support for Uniswap […]
Arbitrum price analysis: ARB corrects down to $1.36, as bears regulate the market
As the price of the cryptocurrency continues to decline, the Arbitrum price analysis is bearish today. Since April 28, 2023, when the coin encountered rejection at $1.42, ARB has once again been on a downward trend. The trend has persisted for the past two days as the price has dropped to the $1.36 range, and […]
Dogecoin price analysis: As selling pressure builds, bears lower the price to $0.0814.
The most recent Dogecoin price analysis reveals that the cryptocurrency is correcting after a successful bullish lead. The bears are in effect today as a slight decrease in price is being observed. As of right now, the price has fallen to $0.0814, but the deficit is small. Because despite the bears’ continuous presence over the […]
Researchers unveil new framework in recent tax study
Researchers from two universities in the United States have released a study examining the current state of cryptocurrency tax law in the country. The paper, titled “Crypto Losses,” offers recommendations for the Internal Revenue Service (IRS) to consider when regulating the tax treatment of cryptocurrency losses. The researchers explain their framework Cryptocurrency losses are currently […]
Liquity price analysis: LQTY consolidates above $1.83, with bulls and bears jostling for control
Liquity price analysis reveals that the token is consolidating between $1.83 and $2.00, forming a tight range in which both bulls and bears are jostling for control. The current social media activity surrounding Liquity reflects these trends, as seen by the increased number of mentions over the last day, despite its average sentiment score of […]
Avalanche price analysis: AVAX price retreats to $17.54 as bears take control
Avalanche price analysis is showing signs of a downtrend, as the price has been following a decreasing movement for the last 24 hours. The bears have been in control of the market, pushing the price down from $17.60 to a current low of $17.54. The resistance level at $17.72 has caused some bearish pressure, making […]
Litecoin price analysis: After the intended bullish push, LTC retests the $91 resistance level
Since the bulls are currently in control, the Litecoin price analysis is bullish today. Cryptocurrency has been able to fully recover from the severe losses it suffered on April 26, 2023. The price level has returned to $90.45 as bulls today demonstrated strong vigor. The price is getting close to the $91 resistance as the […]
Ethereum Price Analysis: ETH Slowly Recovers Above $1,905, Bulls Aim for $2,000
The most recent Ethereum price analysis shows a rise in price for the leading cryptocurrency. ETH/USD is up by more than 0.70 percent in the past 24-hour period and is showing bullish signs. The bulls are looking to push the Ethereum price analysis even further, as they aim for a new all-time high of $2,000. […]
Bitcoin Price Analysis: BTC Breaks Above $29,400, Further Upside Incoming?
The latest Bitcoin price analysis shows a bullish trend today as the coin is recovering under high market pressure. BTC/USD can be expected to close at a lower high above the resistance level of $25,452. However bearish pressure is still there as the upwards price movement is slow. The market is currently trading in a […]
Bitfarms announces expansion as hashrate touches new high
Bitfarms, a leading Bitcoin mining company, has achieved a significant milestone in its operations by hitting a new hashrate high of 5 exahash per second (EH/s), equivalent to 5 quintillion hashes per second. This new all-time high was made possible by the expansion of production at the company’s mining farm in Rio Cuarto, Argentina, which […]
Uniswap price analysis: UNI races to $5.58 after bullish revival
The recent Uniswap price analysis reveals that the digital asset has seen an increase in momentum as it seeks to recover from its recent dip which saw the price dip touching the $5.20 level. UNI opened its trading session at the $5.50 level and the bulls have been steadily pushing the price higher to hit […]
Polkadot price analysis: DOT price inflates to $5.97 after a bullish impulse
Polkadot price analysis suggests a strong bullish trend for today, as the coin has raced higher after crashing down at the start of the trading session. A considerable rise in coin value was detected throughout the day, and the bullish momentum has placed DOT as one of the early recoverers from today’s market crash. The […]
Chainlink price analysis: LINK/USD is bearish in the next 24 hours
The Chainlink price analysis reveals that the bears have returned to the price chart after finding their way to gain control over the price function. Although the price had been traveling high for the past few days, today’s trend has not been very supportive. The bulls were unable to take the price across the $7.18 […]
Dogecoin price analysis: DOGE hits $0.08076 as bullish momentum continues.
The Dogecoin price is bullish today after the price broke the $0.0807 barrier and rose to $0.08076 over the past 24 hours. The price levels had been trending downward yesterday, but the momentum has reversed, and traders seem bullish on the upcoming market movements. The price of Dogecoin is currently at $0.08076, having gained nearly […]
Aave price analysis: Price moves above $72 indicating a bullish trend
The most recent Aave price analysis confirms an increasing trend for cryptocurrency as the coin value has increased today. Earlier, as a correction appeared to dominate the market for a few hours yesterday, the market value of cryptocurrency fell, but it soon recovered. The price function moved in a bullish direction from the beginning of […]
PancakeSwap price analysis: CAKE gains strength as the price approaches $2.74
The Pancakeswap price analysis shows that the cryptocurrency is following a bullish trend after a period of crashing declines. As a result of the price increase, the coin value has increased to $2.74. The price has been steadily on the rise since yesterday, as the bulls got the driving seat back. The bullish momentum was […]
Uniswap price analysis: UNI takes a downtrend at $5.51 after a bearish drift
The recent Uniswap price analysis shows a bearish drift after a brief period of consolidation, as the price dropped from around $5.59 to its current level of $5.51. Bullish efforts observed during this time were weak and could not sustain the bearish pressure. The selling pressure is mainly attributed to the bears that are driven […]
Chainlink price analysis: LINK remains bearish as price slips to $7.04
Chainlink price analysis shows a downtrend in the past 24 hours as LINK made an intraday low of $7.00 from the $7.20 mark which was observed in the early hours of today’s trading session. LINK has been trading downward since the beginning of today’s session and has lost over 2 percent. Currently, LINK is trading […]