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Ethereum price analysis: ETH swiftly continues to rally, test of $2,000 next?

Ethereum Price analysis 2022 05 30

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 […]

LBRY charged with sale of unregistered securities by SEC

LBRY

TL;DR Breakdown LBRY charged by SEC.   The defendant says it has done no wrong. They appeal to Americans to help save the cryptocurrencies. SEC moves against LBRY The US regulatory agency, the Securities and Exchange Commission (SEC) has charged LBRY, for violating securities. SEC stated on its website that LBRY did not submit a […]

Solana price analysis: Price rejoins $46.71 high as bullish momentum recharges

Solana Price analysis

Solana price analysis shows a bullish trend as prices move to reclaim the $47.13 resistance level. However, the bulls may encounter selling pressure at this level. If they do, a retracement to around $42.49 is likely. The bulls need to push prices above the $47.13 resistance to resume the uptrend. Solana prices have seen a […]

PayPal now allows US customers to checkout with cryptocurrency

paypal

TL;DR Breakdown PayPal now allows US customers to checkout using cryptocurrency, in addition to other payment options. This comes as part of the company’s effort to drive up the adoption of cryptocurrencies.  Last year, the American payment giant PayPal launched its cryptocurrency service, allowing customers in the United States to invest in popular digital currencies, […]

YouTuber urges traders to continue hodling

YouTuber

YouTuber, Nuseir Yassin has urged crypto traders worldwide to continue hodling amid the bearish performances posted by the market. The famous YouTube sensation who goes by NasDaily has over 50 million followers across major social media platforms. According to NasDaily, he made a massive investment of $500,000 in Bitcoin before the market went bust. He […]

Tim Draper believes women can drive BTC to $250,000

Tim Draper

A renowned billionaire and crypto figure, Tim Draper, has made a case for women pushing Bitcoin towards his predicted $250,000 price mark. According to the billionaire, all hope is not lost concerning that mark as the top digital asset is well placed to touch it. Notably, the CEO has been making this case for the […]

Terra Price Analysis: LUNA/USD bullish for the next 24 hours

Terra Price Analysis

TL;DR Breakdown Terra price analysis is bullish today. Price dropped more than 6 percent to move as low as $78.75 LUNA/USD is currently at $76.76. After yesterday’s upward move to $88.31, the price of LUNA dropped over 6 percent today, with sell-offs following the announcement of a significant acquisition. Price appeared to be approaching the […]

Avalanche price analysis: Can the bulls break past $28.00?

Avalanche price analysis

TL;DR Breakdown Avalanche price analysis suggests a downwards movement to $26.00 AVAX faces resistance at the $28.00 The closest support level lies at $27.00 The Avalanche price analysis shows that AVAX was unable to break above the $31.0 mark and retraced to the $21.00 key support level. While AVAX has recovered to above the $26.00 […]

Bitcoin birthday celebrations kick off all over the world

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Bitcoin birthday celebrations commence all over the world to commemorate the 12 years since the release of the Bitcoin whitepaper. Bitcoins official birthday is tomorrow, but celebrities like Charlie Sheen, David Hasselhoff and Gilbert Gottfried are among the list already celebrating its birthday. Halborn, a blockchain cybersecurity firm released a video to say happy birthday […]

Polkadot price analysis: DOT/USD pair set to break above $10 resistance

POlkadot price analysis

Polkadot price analysis is bearish in the short term. DOT price has been on a downtrend over the past few days as it corrected lower from the $10.50 highs. The coin found support at $9.0 and bounced higher, but there was not enough buying pressure to push DOT above $10. Polkadot’s (DOT) price is bearish […]

Uniswap price analysis: UNI/USD regains bullish momentum, spikes above $5.35

Uniswap price analysis

Uniswap price analysis shows UNI opened the daily market trading session at $5.35, as the bulls kept pushing higher after yesterday’s close at $5.15. The market was mostly Bearish over the past two weeks, as the UNI/USD pair fell from $8.40 to a low of $4.60 on March 26th. The bulls have been defending the […]

Congressman Madison Cawthorn violates the Federal STOCK Act

Madison Cawthorn

Disclosing assets and managing finances is a complicated matter in the United States. The country’s lawmakers are required to report their investments within 45 days, according to the Federal STOCK Act. A failure in abiding by the rule asks for action against the individual. However, it was recently found out that GOP Representative, Madison Cawthorn […]

CBDC adoption: US, EU financial regulators meet to discuss stablecoins and CBDCs

cbdc

TL;DR Breakdown Top officials of the US-EU financial regulatory agencies held a virtual meeting last week. Delegates discussed about the COVID-19 pandemic stimulus package, stablecoins and CBDC. Janet Yellen says CBDCs could help unbanked Americans but is wary of Bitcoin. Officials of financial regulatory agencies from the EU and the US on the 24th and […]

LUNA 2.0 suffers 80% decline after listing

LUNA 2.0

LUNA 2.0 has gotten off to a bearish start in the crypto market after the freshly minted tokens saw a massive decline of around 80% after the launch. Terraform Labs announced yesterday that the new blockchain that houses the LUNA 2.0 tokens was already working. The token, after mining, soared as high as $19.5 before […]

TRON price analysis: TRX down to $0.067 after the latest bearish strike

TRON price analysis TRX down to after the latest bearish strike

TL;DR Breakdown TRON price analysis is bearish. Price has lowered up to $0.068 today. Support for TRX/USD is present at $0.067. The latest Tron price analysis is bearish for today as it is showing signs of a downtrend, as the price has been following a decreasing movement today. Although the cryptocurrency was under the bullish […]

OnlyFans founder starts issuing NFT influencer trading cards

NFTs

The entertainment industry and non-fungible tokens (NFTs) are closely linked to each other. Both of these industries can complement and benefit each other. Therefore, several entertainment platforms and organizations are integrating NFTs in their working models to offer unique products to their consumers. A similar initiative is now taken by Tim Stokely, the founder of […]

Litecoin price analysis: Bearish clouds fade as LTC/USD prices near $63.32

Litecoin price analysis

Litecoin price analysis shows that the coin is in a bearish trend as it has been trading below the $64 mark for the past few days. However, prices have found some support at $62.11 and are currently trading around $63.32. The coin is facing resistance at $63.85, and a break above this level is needed […]

Solana price analysis: Price up again as bullish momentum inflates to $42.78

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Solana price analysis is showing a bullish trend for the coin. Prices have managed to push higher, with trading currently above the $42.78 level. There is some resistance around the $44.66 area, which could cap any further upside potential in the short term. However, if prices can break above this level, they could test higher […]

Paraguay okays new crypto regulation bill

Paraguay

Paraguay has become the next country making moves towards a complete acceptance of digital assets after a recent update. The country has been seen as one of the most sought-after locations for miners across different digital assets. This has put it in pole position to become the next El Salvador or the Central African Republic, […]

Aave price analysis: AAVE prepares to break out after a brief consolidation at $94

Aave price analysis AAVE retests as resistance after the desired bullish push

Aave price analysis shows the prices have been trading at $94 for the last few hours. The current price is $94.63 after a 2.33 percent increase in the last 24 hours. The market capitalization is currently $1.352 billion, and the 24-hour trading volume is $127,640,350.98.The bulls have been defending the key support of $91.0 over […]

Filecoin price analysis: FIL/USD gains bullish momentum at $7.40

Filecoin price analysis: FIL expected to break below support at $13.6

Filecoin price analysis shows a bullish trend. Filecoin has seen a price hike of over 5% in the last 24 hours as the market sentiment turns bullish. The FIL/USD pair is currently trading at $7.46 and looks to break past the $7.50 resistance level. The cryptocurrency market has been seeing a lot of positive momentum […]

Bitcoin, Ethereum, EOS, and Maker Daily Price Analyses – 28 May Roundup

Roundup x

The global crypto market has changed direction as new gains have helped it secure its value. The changes in the market are encouraging as the previous bullish wave had taken it lower than the previous lows, crossing the $1.20T threshold level, causing an alarm. Though Bitcoin has remained in the previous range, other coins underwent […]

Tezos price analysis: XTZ/USD shows bullish potential at $1.93

Tezos price analysis XTZ faces trouble amid a recovery at

Tezos price analysis for today shows that the XTZ/USD pair has recovered from a low of $1.77 and is currently fluctuating at around $1.94. The market had a bullish run yesterday which saw the price go up to $2.02 but it has since pulled back. The bulls are currently facing resistance at the $1.95 level […]

Goldman Sachs planning to offer Bitcoin to its private wealth clients in Q2 2022

Goldman Sachs

TL;DR Breakdown Goldman Sachs to offer crypto mid-2021. Banks are changing their stance on crypto. Goldman Sachs, the American investment banking behemoth, is planning to provide cryptocurrencies to its private wealth clients by mid-2021. Goldman Sachs to offer crypto soon Mary Rich, the newly appointed Head of Digital Assets at Goldman Sachs, while speaking with […]

Terra price analysis: LUNA rejected at $70, as selling continues

Terra price analysis

TL:DR Breakdown Terra price analysis suggests downwards movement to $65 The closest support level lies at $66.00 LUNA faces resistance at the $70.00 mark The Terra price analysis shows that despite the strong bearish activity, the bulls are able to fight back and have recovered from the lows of $56 to the current level above […]

Chainlink price analysis: LINK/USD bearish as price slips to $6.47

Chainlink price analysis: LINK steps down to the $7.1 level after the bearish takeover

Chainlink price analysis, the decentralized oracle network, is currently trading at $6.47 after a slight price dip of around 1 percent over the past 24 hours. The coin had earlier surged to as high as $6.65 but lost momentum and fell back below the $6.47-level. Support for Chainlink is present at $6.24, and the resistance […]

Sex workers in the US use Bitcoin and other cryptocurrencies to evade federal laws

Sex workers

Amid a financial catastrophe that overshadows the world, the cryptocurrency market has become part of the solutions many entrepreneurs take. On this occasion, sex workers in the US take Bitcoin as a refuge to protect their funds and feel economic autonomy. According to reports, crypto trading has increased its adoption rate despite Bitcoin and other […]

Ava Labs proposes relocating the Otherside Metaverse to its ecosystem

Ava Labs

Recently the web platform dedicated to smart contracts for Blockchain, Ava Labs, was present in one of the new Metaverse projects launched by Yuga Labs. According to reports, the agency had recommended the Otherside metaverse manager to work from AVAX. The Metaverse has been a topic of discussion recently due to the increased participation among […]

Dapper Labs raises $305 million to scale its NFT platform, Top Shot

money

TL;DR Breakdown Dapper Labs is now valued at $2.6 billion following a recent $305 million fundraise.  The new capital will be used to scale its NBA NFT platform, Top Shot. Dapper Labs, the company behind Flow blockchain, has been able to secure about $305 million in the latest funding round, aimed at expanding its NBA […]

Bitcoin price analysis: BTC rejects downside again, another push from $29,000 next?

Bitcoin Price analysis 2022 05 28

Bitcoin price analysis is bearish today as we have seen more consolidation below the $29,000 as the downside was rejected overnight. Therefore, BTC/USD should soon continue even lower towards the $27,500 support. The market has traded with low momentum over the last 24 hours as a clear direction is yet to be decided. The leader, […]

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