Waves price analysis: WAVES/USD depreciates to $8.85 after strong bearish momentum
Waves price analysis is showing bearishness as the token has depreciated to $8.85 after losing momentum. WAVES/USD is currently trading inside a descending triangle pattern and is expected to further decline. The next support lies at $7.78, while the resistance lies at $9.29. Waves price analysis for today shows that the token has lost momentum […]
Neo price analysis: NEO/USD attains bullish momentum at $11.76
Neo price analysis is showing bullish momentum at $11.76 as the price is bouncing off the support. The next resistance is seen at $12.17 and a break out of this level could lead to a rally towards $13 levels. However, the major resistance for NEO/USD lies at $14.50 and a break above this level is […]
Filecoin price analysis: FIIL/USD shows bullish potential at $8.17
Filecoin price analysis shows a bullish trend in the FIL/USD market. The prices are currently trading at $8.17, and they have shown an increase of over 4% in the last 24-hours. The market is trading above the $8.00 level, which is a key support area. The prices are facing resistance at the $8.34 level, which […]
LUNA Airdrop: Traders complain about a flaw in the process
The LUNA airdrop has encountered a slight issue after users complained about the total amount of tokens that the developers sent to their wallets. The developers of the token have been carrying out the airdrop as a means to cushion the effect of the crash on traders. LUNA (which has since been renamed LUNA Classic) […]
Ripple lawsuit: Ripple wants documents concealed
TL;DR Breakdown Ripple asks the magistrate judge to keep some of its documents sealed. The company claims it has produced 30,300 documents amid lawsuit. As the legal battle between Ripple Labs and the SEC continues to heat up, the case becomes more interesting. During the last hearing, Judge Sarah Netburn made some comments which fans […]
Binance announces crypto awareness tour in Africa
Binance has announced an upcoming crypto awareness tour with the set location inside Africa. Africa has seen a massive spike in the volume of digital assets exchanged in the last two years, putting it close to 1,200%. This shows that the crypto market in the region has undergone massive adoption. With that, companies and firms […]
New York Times’ Keven Roose sells NFT article for over $560,000
TL;DR Breakdown New York Times columnist Keven Roose has sold a digital article as NFT for $560,000. The proceeds will be donated to charities supported by the company. The NFT frenzy has continued to grow stronger with every proceeding day, as different contents are being tested and auctioned-off on blockchain as non-fungible tokens. On Thursday, […]
$1 billion crypto Ponzi scheme operators sentenced in China
Chinese law court has passed a final verdict, sentencing crypto Ponzi scheme operators in jail. The masterminds gained over $1 billion from their WoToken pyramid scheme. Ponzi schemes are one other strategy used by fraudsters to defraud unsuspecting investors of their hard-earn money. Most recently, a group of four persons was sentenced by a Chinese […]
The Mining Break Through: Unlocking Nvidia’s LHR – NiceHash CEO Martin Škorjanc 
Nvidia, the worlds largest provider of GPU (desktop graphics cards – used for crypto mining) launched its LHR (Lite Hash Rate) technology in May 2021. Designed to combat the issue of shortages of GPUs for gamers due to the increase in crypto mining throughout 2021, Nvidia’s LHR anti-mining software ensured that strict mining limits were […]
Bitcoin Cash price analysis: BCH/USD pair set to dip further in the next 24 hours
TL;DR Breakdown Bitcoin Cash price analysis is bearish. Price has been reduced up to $266.5. Support for BCH/USD is present at $259. The Bitcoin cash price analysis is firmly bearish. The market has been reduced to the $266.5 level, and it is likely that we will see more downside soon. The support for BCH/USD is currently at […]
Tezos price analysis: XTZ falls below $2.10 as bears take over
TL;DR Breakdown Tezos price analysis suggests a downwards movement to $2.00 The closest support level lies at $2.06 LUNA faces resistance at the $2.22 mark. The Tezos price analysis shows that XTZ was rejected at the $22.00 mark and now moves downwards as the bulls show exhaustion while the bears take over. Currently, the price […]
Bitcoin, Ethereum, Chiliz, and Stacks Daily Price Analyses – 31 May Roundup
The global crypto market changed its direction soon after and speeded up its gains. Analysts expected that the ongoing bullish wave for Bitcoin and other coins in the market would continue unaffected. But it couldn’t stand the pressure and has begun losing intensity. Thus, the changes have been negative in the market as the momentum […]
Ardor Price Prediction 2022-2030: Is ARDR a Good Investment?
When you think about Ardor in 2022, remember to think about native support for NFTs. The DeFi team is planning to roll out a support system for NFTs, that will be hosted on a parent-child chain architecture. The Frenchies collection, or “Frencies” as artistically misspelled at creation time by TheWireMaster, will be a collection of […]
Tezos price analysis: Bullish wave surpasses $3.89 hurdle after recent upturn
TL;DR Breakdown Coin value is standing at $3.89. Tezos price analysis shows uptrend. Support is strong at $2.563. The latest Tezos price analysis supports the buyers as the price covered an upward movement in the last 24-hours. This is being further indicated by the one-day price chart, where the price just crossed the resistance present […]
Bitcoin price analysis: BTC continues higher, tests $32,500
Bitcoin price analysis is bearish today as we expect bulls to be exhausted after a strong break higher and test the $32,500 mark. The $31,000 resistance will likely be retested as support before further upside can follow later this week. The market has turned increasingly bullish over the last 24 hours. The leader, Bitcoin, gained […]
Litecoin price analysis: LTC/USD breaks out at $68.14 as bullish succession continues
Litecoin price analysis is bullish today, with prices rising above $68.14 The cryptocurrency had found support at $65.90 yesterday and is now seeking to continue its bullish momentum. Litecoin price analysis reveals that the cryptocurrency has been on a tear over the past few days as it looks to continue its bullish trend. After finding […]
Polygon price analysis: Bullish run continues as the coin hits $0.6637
Polygon price analysis shows the market opened the daily trading session trading at lows of $0.6147 and currently trading at highs of$0.6685. The market has been on a bullish run as it looks to continue its uptrend. Resistance for the coin is present at the $0.67 level while support is at the $0.6147 level. The […]
Optimism postpones its public mainnet launch to July
TL;DR Breakdown Optimism has postponed its mainnet launch to July. The team noted that the mainnet would be launched with support from the community. The development team behind Optimism, another Ethereum Layer 2 scaling solution, disclosed on Friday that it’s public mainnet will no longer be released later this month. The team is targeting the […]
Ethereum price analysis: ETH pivots at $2,000, swift drop incoming?
Ethereum price analysis is bearish today as we expect decline to follow after a strong rally to the $2,000 major resistance. ETH/USD will likely look to drop even further as another swing lower high has been set. The market still trades in the green over the last 24 hours. The leader, Bitcoin, gained 2.71 percent, […]
Old Fashion Research create an ambitious crypto project in Latin America
Recently the company Old Fashion Research, affiliated with the Binance crypto exchange, spoke about the launch of its crypto fund. These market advances come during the crypto catastrophe, where many tokens, including Bitcoin, have lost around 10 percent of their value in recent weeks. According to reports, the company based on Blockchain technology would be […]
Bitcoin, Binance Coin, Uniswap, and Stellar Daily Price Analyses – 31 May Morning Price Prediction
The global crypto market has remained blooming as it was affected by any negative changes. The performance of Bitcoin and other leading coins remains unaffected as the influx continues. The mentioned changes have helped these coins gain considerable value compared to other days. The changes this time have been different as the losses have remained […]
Crypto market is about to explode, says Celsius CEO
Celsius Network CEO Alex Mashinsky believes that the crypto markets will bounce back. Furthermore, Alex thinks that inflation is not a long-term problem. Bitcoin (BTC) has seen a slight uptick in price over several days. So far, the flagship digital currency approaches the $32,000 barrier. There’s a mixed signal of red and green if you […]
Axie Infinity price analysis: Bullish rally drives AXS/USD prices to $24.81
Axie infinity price analysis shows that the market is currently in a bullish trend. The cryptocurrency has been on an upward trend for the past few days and is currently trading at $24.81. The resistance for AXS is present at the $27.82 level, and support for the cryptocurrency is at $19.68. The market is expected […]
Coinbase Bitcoin balance decreased by over 150k BTC
Many Bitcoin investors are becoming long-term holders or are playing by the rule “not your key, not your coin.” Data shared from Glassnode, a digital currency analytics platform, showed that a significant number of Bitcoin has been leaving Coinbase, a leading US-based cryptocurrency exchange, since the beginning of the year. Less Bitcoin balance on all […]
Algorand price analysis: Can ALGO recover to $1.00 key level?
TL;DR Breakdown Algorand price analysis suggests sideways movement below $1.00. The closest support level lies at $0.9018. ALGO faces resistance at the $0.9565 mark The Algorand price analysis shows that the asset’s volatility has plummeted significantly since crashing to the $0.800 mark. Moreover, while the asset swiftly recovered the $0.900 mark, it is unlikely to […]
Wrapped Bitcoin market cap exceeds $1.5B, now sixth-largest on Ethereum
Wrapped Bitcoin has surpassed a market cap of $1.5 billion Currently, the tokenized Bitcoin is ranked the sixth-largest token on Ethereum. The largest cryptocurrency by market capitalization, Bitcoin (BTC), recorded immense price growth in the past few days. Just recently, the crypto broke past the $13,700 price level, making a new yearly high. Amidst Bitcoin’s […]
Avalanche price analysis: AVAX declines below $30 as the market bearish momentum continues
Avalanche price analysis reveals a prevailing downtrend as AVAX prices set to lows of $26.85 in the early hours of the day. The market has seen a general sell-off, with AVAX price declining by a significant value of 23.50 percent in the last 24 hours. Minor support was set at the $30 range but it […]
Tezos price analysis: Bullish sentiment mounts as XTZ/USD prices near $2.0
Tezos price analysis reveals XTZ prices are up by 3.14 percent in the last 24 hours. The digital asset is currently trading at $1.95 after opening the day at $1.87.The digital asset is currently dominating 0.15 percent of the entire cryptocurrency market while it ranks at position 35.XTZ prices have been trading in a range […]
Uniswap price analysis: Bulls charge as UNI/USD spikes by 10.36%
Uniswap price analysis indicates UNI opened the daily trading session trading at intraday highs of $4.89 as bulls looked to continue the UNI/USD pair’s recent journey north. The first few hours of the session were very much in favor of the bulls as prices climbed higher and higher, reaching an intraday high of $5.39 before […]
Solana price analysis: SOL returns to $47, eyes $50 resistance next
The Solana price analysis shows that SOL has initiated a bullish recovery as the price recovered past the $45.00 mark edging close to the $50.00 key level. However, the $48.00 resistance needs to be overcome before SOL can return to $50. The broader cryptocurrency market observes a bullish market sentiment over the last 24-hours as […]
Bitcoin, Ethereum, Zcash, and EOS Daily Price Analyses – 30 May Roundup
The global crypto market has retained the influx of gains as the amount of gains added to it increased in value. The gains for Bitcoin and other major coins have continued, helping them revive after the long bearish trend. The positive changes in the market have helped these coins regain value, attracting further investments. The […]
Tezos price analysis: Bullish momentum revives XTZ/USD value up to the $2.13 mark
Tezos price analysis is bullish, with the XTZ/USD pair rising to the $2.13 level. However, the digital asset is facing resistance at this point and may pull back to test support at $1.96. The price action recently created a bullish engulfing candlestick pattern, which indicates that the bears are losing control. Currently, the price is […]
Waves price analysis: Cryptocurrency value upgrades to $9.66 as bulls exhibit control
TL;DR Breakdown Price has leveled up to $9.66. Waves price analysis predicts uptrend. Support is quite stable at $6.78. The one-day and four-hour Waves price analysis shows signs of an uptrend today as the buying momentum is seemingly intensifying. The price covered an increasing movement during the day, as more buyers are investing in cryptocurrency. […]
Grayscale Bitcoin Trust Outperforms Tesla
TL;DR Breakdown Grayscale Bitcoin Trust (GBTC) has outperformed Tesla, reveals Bloomberg’s Mike McGlone. He credited GBTC price growth to the increasing interest in Bitcoin ETF in the U.S. Last week, the leading Bitcoin Fund manager, Grayscale launched five new crypto investment products for individuals and institutional investors. According to Bloomberg’s chief commodity strategist, Mike McGlone, […]
Bitcoin price analysis: BTC gains further 6 percent, tests $31,000 resistance
Bitcoin price analysis is bearish today as we have seen a strong rally to the $31,000 major resistance, which previously could not be broken after several attempts. Therefore, BTC/USD should reverse and head back lower to set a higher low. The market has traded in the green over the last 24 hours. The leader, Bitcoin, […]
Polygon price analysis: MATIC rebalances above $1.74 as bullish momentum revives
TL;DR Breakdown The Polygon price analysis is bullish. Price is now standing on $1.74 level. Support for MATIC is present at $1.69. The Polygon price analysis is bullish for today as the bullish momentum has taken over the market, and the price has been elevated up to $1.74 today. The bulls have been performing quite […]
Uniswap price analysis: UNI/USD rises to $5.31 after a massive bullish run
Uniswap price analysis shows a bullish trend. UNI/USD prices are facing support at $4.85, and a break below this level could see the price fall to $4.50. On the other hand, a break above the resistance at $5.47 could see the price rise to $6.00.The prices have been moving between a range of $5.47 and […]
Ethereum price analysis: ETH swiftly continues to rally, test of $2,000 next?
Ethereum price analysis is bullish today as we have seen a strong reversal and push towards the $1,900 previous support. Therefore, if the current momentum continues, we expect ETh/USD to reach the $2,000 mark next. Cryptocurrency heat map. Source: Coin360 The market has continued moving higher over the last 24 hours. The leader, Bitcoin, gained […]
Filecoin price analysis: FIL/USDmoves upwards to $8.44 after a strong bullish run
Filecoin price analysis shows that the FIL/USD pair is currently in a strong bullish run as it makes its way upwards to $8.44 after hitting support at $8.19. The price is facing some resistance at $8.56 but if it can break past this, it is likely to continue moving up towards $9.00. Filecoin price analysis […]
Bitcoin, Binance Coin, Quant, and Neo Daily Price Analyses – 30 May Morning Price Prediction
The global crypto market has utilized the strengthened rally. The bullish wave has helped various coins gain higher value than the previous days. Bitcoin is performing better compared to the previous days as it crossed the previous lows and entered a new phase of bullishness. The changes for the market will be lasting if the […]
