Loading...

NFT: Teen sells artwork for $50 million

NFT

NFTs are still staking their claims as one of the most sought-after in the market. Despite the market-wide decline, traders in the sector are still purchasing artworks. In a recent update, a 19-year-old teen has sold his new artwork for $50 million. The teen in question, Victor Langlois, has been in the news before after […]

VeChain price analysis: Bulls recover $0.6600 level eye $0.07000 next

VeChain price analysis

TL;DR Breakdown VeChain price analysis suggests sideways movement across the short term chart The closest support level lies at $0.06500 VET faces resistance at the $0.06850 mark The VeChain price analysis shows that the asset’s price action has finally found bullish support to stop the bearish breakdown at $0.06500. Regardless, the bearish pressure still weighs […]

OpenSea’s Ethereum volume plummets 25% as global NFT interest plunges

OpenSea’s Ethereum volume plummets 25% as global NFT interest plunges

Data from Dune Analytics shows that OpenSea’s Ethereum volume in May turned out lower than the previous month, which somewhat suggests that Ethereum may be losing the steam on NFTs or a general downtrend in the market.  OpenSea records 25% volume drop According to the data from Dune Analytics, the largest NFT marketplace recorded a […]

Uniswap price analysis: UNI loses value at $6.51

Uniswap price analysis

Uniswap price analysis recently shows a continuing downtrend as prices decline below $6.51. This move comes after a brief period of consolidation that saw prices testing the $7.00 level. The recent decline has seen UNI prices find support at the $5.85 level as buyers step in to defend this key level. The overall market for […]

Chainlink price analysis: LINK recovers $7.50, eyes $8.00 resistance next

Chainlink price analysis

TL;DR Breakdown Chainlink price analysis suggests an upwards movement to $8.20 LINK faces resistance at the $7.96 mark The closest support level lies at $7.20 The ChainLink price analysis shows that LINK has initiated a swift recovery with the bulls climbing past the $7.750 mark and attempting to break past the $8.00 mark.  The broader […]

Bitcoin, Ethereum, NEM, and Arweave Daily Price Analyses – 5 June Roundup

Roundup x

The global crypto market has continued to grow in value as the gains have improved. The value of Bitcoin, which was fluctuating recently, has begun to stabilize. If we compare the gains for other coins, they have also begun to show a positive trend. The changes in the market suggest a continuing bullish trend. As […]

Avalanche price analysis: AVAX/USD pair set to break above $110

Avalanche price analysis

TL;DR Breakdown Avalanche price analysis is bullish. Resistance for AVAX is present at $103.2. Support for AVAX/USD is present at $95.4. The latest Avalanche price analysis indicates a bullish trend, with the price having risen significantly today. Yesterday, AVAX prices reached $92.7 as a limit, but today it surpassed the crucial resistance of $95.4 and […]

Tezos price analysis: XTZ/USD bearish as price slips to $1.90

Tezos price analysis

Tezos price analysis shows a bearish trend for XTZ/USD as the cryptocurrency slips to $1.90. However, support is still present at $1.83 and if the price can rebound from here, we may see it head back towards $2.22.The bulls had attempted to push prices higher but failed as the market found support at $1.83. The […]

Quick guide on where to buy LUNA 2.0 crypto

Quick guide on where to buy LUNA 2.0 crypto

About a month ago, Terra was rated among the top and fastest-growing blockchains in the cryptocurrency industry. However, the network suddenly became a shadow of itself, following the collapse of its algorithmic stablecoin TerraUSD (UST), and cryptocurrency LUNA. The value of both assets shrank by over 99%, leaving investors with a sour experience.  After several […]

Localbitcoins user docked over illegal activities

Localbitcoins user

A Localbitcoins user has been arrested by authorities in the United States after he was caught running an unlicensed crypto service. According to the report, the criminal used Localbitcoins and another exchange, Paxful to facilitate his illegal entity. This latest update is in line with the resolve by the United States DOJ to rid the […]

Do Kwon will likely evade US sanctions

Do Kwon

Do Kwon, the CEO of Terraform Labs has been the center of attention in the crypto market over the last few weeks. This is due to the mishap that occurred involving the native token of the platform, LUNA, and stablecoin, UST. In a new update, legal experts in the United States have said that the […]

Ripple price analysis: XRP slowly continues to retrace, push lower next?

Ripple Price analysis 2022 06 05

Ripple price analysis is bearish today as we expect another lower high to soon be set and push lower to follow. Therefore, XRP/USD should start next week bearish and move to break the $0.38 previous major support. The market has moved in the green as steady retracement continued overnight. The leader, Bitcoin, gained 0.38 percent, […]

Bitcoin price rally slows as BTC whales transfer wealth to new investors

Bitcoin price

TL;DR Breakdown Glassnode says late stage of Bitcoin bullish run is setting in. Other experts and speculators say same. Bitcoin price could drop to $25,000. Bitcoin price bull run coming to an end? According to Glassnode, the late stages of the BTC bullish run may be setting in slowly. On the 22nd of March, Glassnode […]

ChainLink price analysis: LINK/USD regains bullish momentum, spikes above $7.29

Chainlink price analysis

Chainlink price analysis shows that LINK/USD has regained its bullish momentum, spiking above $7.29. The bulls are looking to take the price past $7.45 while the bears will be hoping to defend $6.78 and push the price lower. Chainlink’s price has been on a strong uptrend over the past few days as it surged from […]

OKEx Korea to shutdown amid regulatory and business challenges

the blowup OfPf u c unsplash

TL;DR Breakdown OKEx Korea is planning to stop operations entirely on April 7. One of the officials cited regulatory and business difficulties. The South Korean branch of the leading Malta-based cryptocurrency exchange, OKEx, has announced plans to close operations in the coming months. An official from the exchange being more specific, cited regulatory and business […]

Waves price analysis: WAVES/USD loses value at $8.45 after a bearish run

Waves price analysis

Waves price analysis shows that the market has bearish momentum and is now facing a tough resistance near the $9.49 level. If WAVES/USD breaks below this level, it might retest the $8.01 support level. The Waves cryptocurrency has been on a strong uptrend since last week as it surged from around $4 to its all-time […]

Binance Coin price analysis: BNB holds above $415 amid BTC’s retreat to $40,140

Binance Coin Price analysis

TL;DR Breakdown Binance Coin price analysis shows a positive market sentiment BNB is facing resistance at the $420.34 level The key support level lies at $406.64 The Binance coin price analysis shows a positive market trend as bulls defend the key support level at $406.64.The prices have been escalating since the market found support at […]

Bitcoin, Ethereum, Polygon, and Stellar Daily Price Analyses – 4 June Roundup

Roundup x

The global crypto market has seen an increasing influx of capital, resulting in consistent growth. The data for Bitcoin, Ethereum, and other major coins confirms that the growth has benefitted the market. The changes have been evident as the market has grown significantly, leaving few coins bearish. The impact of this change on the overall […]

Terra price analysis: LUNA bulls rally as the price flashes at $85

Terra price analysis

TL;DR Breakdown Terra price analysis is bullish. Resistance for LUNA is present at $87.7. Support for LUNA is present at $81.2. Terra price analysis is bullish, with the market witnessing a significant boost in price levels. The bulls took charge of a rally that pushed prices up to the $85 range. The value of the […]

Neo price analysis: Bullish trend to continue as NEO prices touch $11.2

Neo price analysis: NEO gains bearish momentum at $11.11

Neo price analysis indicates NEO prices have been on a bullish trend for the last 24 hours. The prices have seen a price surge of 2.27 percent as the prices trade in a range-bound of between $10.92 to $11.30. The 24-hour trading volume registered is $69,519,469.02, and the market capitalization is at $787,600,454.40. The intraday […]

Polkadot price analysis: Bullish clouds gather as DOT steps to the $9.35 mark

Polkadot price analysis

Polkadot price analysis shows that the bulls have taken control of the market in the short term as DOT steps closer to the $9.35 mark. The coin is facing resistance at $9.48, but if it can break above this level, we could see further upside potential towards $9.90 and possibly even $10. The Polkadot price […]

RoboApe could be valued over Dogecoin and other crypto-memes.

RoboApe

The crypto market is renewed, and this time, it focuses on developing new crypto-memes. RoboApe, a cryptocurrency that promises to be the Dogecoin, Shiba Inu, and other similar tokens renewal, was recently announced. DOGE, like the original crypto-meme, was born as a joke toward Bitcoin. Still, its fame was so high that the token gained […]

Dubai real estate firm DAMAC announces first cryptocurrency sale

Dubai

Recently one of the most predominant real estate companies in Dubai, DAMAC, announced that successfully selling a property with cryptos was completed. According to its executive director, the property was sold for about $50M in virtual currencies. However, the CEO acknowledges that the company has had difficulty getting involved in crypto trading, Metaverse, and NFTs, […]

Avalanche Price Analysis: AVAX/USD bullish for the next 24 hours

Avalanche price analysis

Avalance price analysis is bullish today as the market gears up for a breakout from the descending triangle pattern. The AVAX/USD pair is currently trading at $22.94 and is facing resistance at $23.36. If the price breaks out of this resistance, it can rally to $24.00 in the next 24 hours. AVAX/USD found support at […]

Filecoin price analysis: FIL loses value, trades at $7.37 after bearish run

Filecoin price analysis

Filecoin price analysis reveals that FIL/USD is currently in a bearish trend after a brief period of price consolidation. The crypto asset has lost over 3% value in the last 24-hours and is trading at $7.37. Support for the coin is at $7.24 while the strongest resistance lies at $7.47.The market cap of Filecoin stands […]

Bitcoin price analysis: BTC continues to respect $29,500, reversal to follow?

Bitcoin Price analysis 2022 06 04

Bitcoin price analysis is bullish today as we have seen another rejection for downside yesterday and steady consolidation since. Therefore, BTC/USD should soon start to reverse and look to move back above the $31,000 major resistance. The market has traded mostly in the green over the last 24 hours, despite Bitcoin experiencing a slight decline […]

Over $846M Bitcoin options set to expire on Friday

bitcoin

About 62K Bitcoin options are ready for expiry on Friday. The dropping of this massive Bitcoin might can BTC to become volatile. In recent days, the king cryptocurrency Bitcoin (BTC) began displaying bullish moves in price, to the extent it made another all-time high for this year at about $13,700. Many Bitcoiners, traders, and crypto […]

Solana price analysis: Bearish clouds fade as SOL/USD prices near $37.68

Solana Price analysis

Solana price analysis shows a bearish trend for the past 24-hours as prices retrace from highs near $39.95. The cryptocurrency is now trading at $37.68 and is facing immediate resistance at $39.95. A break above this level could see SOL prices continue higher towards $41. On the downside, support lies at $36.04 which if breached […]

RBI official backs CBDC to “destroy” crypto

RBI official

An RBI official has said that he is giving CBDCs the much-needed backing to destroy private digital assets like Bitcoin and Ethereum. The official in question is the Deputy Governor of the Bank, Rabi Sankar. He gave his opinion on digital assets and central bank digital currencies at a recent event held yesterday. The event […]

BitMEX ex-CEO backs ETH to hit $10,000

BitMEX ex-CEO

BitMEX ex-CEO Arthur Hayes has made a case for Ethereum ending the year trading at $10,000. However, the former exchange boss mentioned that things could go ugly by the middle of the year. According to Hayes, the digital asset has the biggest potential in the market due to specific positives. He also talked about the […]

Cryptopolitan
Subscribe to CryptoPolitan