Bitcoin, Binance Coin, Avalanche, and Polygon MATIC Daily Price Analyses – 20 May Morning Price Prediction
The global crypto market continues to gain value as the bullishness continues for the second consecutive day. The current flow of funds to the market seems to improve the market as it couldn’t retain bearishness for more than a day. The change in this pattern has strengthened Bitcoin and other coins that were emaciated due […]
New Cardano addresses increased by 2,000 daily amidst market turmoil
Since experiencing a significant update in September 2021, the Cardano (ADA) blockchain ecosystem has continued to grow significantly. This progress can be described in terms of new and fresh features, improvements, and buyer interest, with over 2,000 new holders joining every day in the last 30 days. Data shows there were 3,268,890 ADA holders on […]
Vitalik Buterin reveals when Ethereum merge could happen
During the Eth Shanghai Summit, the co-founder of Ethereum, Vitalik Buterin said the long-awaited Ethereum merge (POW to POS) is likely to happen in the summer of August. At the event which was hosted by Ethereum Shanghai and Mask Network, Vitalik Buterin discussed the future of the network and revealed The Merge’s specifics. Ethereum Merge […]
Goldman Sachs: crypto crash has little effect on the US economy
Goldman Sachs has pointed out that the recent crash in the crypto market will have little effect on the United States economy in the long run. The country is working tirelessly to evade recession as inflation has taken the reins amid the deceleration of growth in the economy. Meanwhile, the crypto market has been a […]
Commonwealth bank halts crypto pilot program
The Commonwealth Bank has announced the suspension of the crypto-based testing currently going on inside its app. According to the statement, the Australian bank was in the process of a second pilot test to test crypto services inside its application. This test is coming after its success in the first pilot test. However, this new […]
Aave price analysis: Bullish run on the play as AAVE hits $92.05
Aave price analysis shows the bulls have set a firm uptrend as prices spike by 9.56 percent in the last 24 hours. The resistance for AAVE prices is present at $95 while strong support is seen at the $80 level. Aave has had a trading volume of $181,539,818.07 and a market cap of $1,263,641,903.19 in […]
Bitcoin, Ethereum, Shiba Inu, and FTX Token Daily Price Analyses – 19 May Roundup
The performance of the global crypto market has continued to remain in a stable range. The indicators for Bitcoin, Ethereum, and other altcoins show optimism as they have stayed bullish. In contrast to the previous market changes, this time, there has been a consistent growth seen over the last 24 hours, which is encouraging. If […]
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 […]
Bitcoin, Binance Coin, XRP, and Solana Daily Price Analyses – 19 May Morning Price Prediction
The performance of the global crypto market has improved as a result of the influx of gains. Bitcoin and other leading coins of the market have improved with gains. The current gains are the continuation of the pattern of alternating bearish and bullish waves. The only difference it makes is adding value for a short […]
NFT Pangolin partners with MOMA to launch an NFT auction
Recently, the regional market in Asia for virtual auctions, NFT Pangolin, talked about its partnership with MUMO, which would correspond to the acronym for Miss Universe Malaysia Organisation. According to reports, the agreement aims to launch several collectible pieces to take advantage of crypto-based technology. Since 2017, NFT trading has been present throughout the virtual […]
Litecoin price analysis: LTC prices step to $68.10 after rejection at $70
Litecoin price analysis shows LTC prices stepped up to $68.10 after rejection at $70, indicating that the market is still in favor of bulls. However, LINK prices are down by 5 percent at the moment, pulling LTC prices lower. Nevertheless, LINK prices have found some support at $65.18 and we expect the market to consolidate […]
FTX participates in the US equities market
One of the most valued crypto exchanges in the United States, FTX, showed its latest advances in the industry by becoming part of the US equities market. The company, guided by Bankman-Fried Sam as its CEO, aims to expand throughout the industry, central and decentralized, to reach the next level. According to reports, the platform […]
Tezos price analysis: Bearish clouds fade as XTZ prices near $1.68
Tezos price analysis for today shows a bearish market sentiment as bears stumble towards the $1.68 level. The market has been on a steady decline for the past few days as the market is down by over 7%. The XTZ/USD pair is currently trading at $1.68 and is down by 1.96 percent on the day. […]
Chainlink price analysis: LINK prices bleed as buyers fail to defend key support of $7.0
Chainlink price analysis recently illustrates the market is in a downtrend as the prices have shed $9.77 percent in the last 24 hours. The buyers have failed to defend the key support of $7.0, which has led to a sell-off in the market. The LINK/USD pair is currently trading at $6.5 after setting a 24-hour […]
Panama halts granting crypto a legal status
Panama has chosen to take a backpedal over the legalization of digital assets across the country, citing one integral factor. According to several reports, President Laurentino Cortizo of Panama has said that he will not affix his signature on the crypto bill. In the statement, the president said that the only way a reversal can […]
Retail traders purchase more BTC as it slides under $30,000
Retail traders are presently taking advantage of this market despite sharp cries from the community for a reversal in fortune. With Bitcoin already trading under $30,000 as of writing, they are using the opportunity to stack up their confines. This new phenomenon has seen the amount of leading digital asset increase on exchanges. In putting […]
Avalanche price analysis: AVAX/USD set to break below the daily support
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 […]
Bitcoin, Ethereum, Dogecoin, and Polkadot Daily Price Analyses – 18 May Roundup
The performance of the global crypto market has deteriorated with time, as there has been little improvement. The market has seen changes that took it towards new lows. An example is Bitcoin which has undergone changes that made it lose one-third of its value and is still receding. The changes have remained on the negative […]
Polkadot price analysis: DOT/USD suffers a further downtrend at $9.86
Polkadot price analysis reveals that the DOT/USD has been following a bearish trendline for the last 24-hours. The price has been going down since then, and it reached a low of $9.86. Support for the pair is present at $9.78, and it is facing resistance at $11.14. Polkadot price analysis currently shows mixed reactions in […]
Bitcoin price analysis: BTC tests below $29,000, break lower incoming?
Bitcoin price analysis is bearish today as we have seen a lower high set around $30,500 and consolidation late yesterday, leading to another local spike lower. Since the previous low was broken, we expect BTC/USD to drop even further and target the $27,500 mark next. The market has traded in the red over the last […]
Filecoin price analysis: FIL/USD consolidate near $8.25 amid bearish winds
Filecoin price analysis indicates a strong bearish movement for FIL prices as bears increase their grip on the market. After a brief price rally to the resistance of $8.84, FIL/USD prices have fallen sharply and are now trading near $8.25. The bearish pressure is likely to continue in the near term as technical indicators suggest […]
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 […]
Bitcoin, Binance Coin, Uniswap, and Chainlink Daily Price Analyses – 18 May Morning Price Prediction
The global crypto market couldn’t hold its gains for a long while due to the Chinese optimism. The change has been regressive to Bitcoin and other coins following the suit. The situation for various coins has deteriorated as a dominant wave of bearishness has been noted. The market has undergone a drastic change over the […]
Ethereum price analysis: ETH looks to break $2,000, another spike lower incoming?
Ethereum price analysis is bearish today as we have seen failure to reach further upside and lower high set at $2,100. Therefore, ETH/USD has headed lower again, likely to break the $2,000 local support and set another major wave lower. The market has traded in the red over the last 24 hours. The leader, Bitcoin, […]
Solana price analysis: SOL depreciates to the $52.69 mark after a bearish run
Solana price analysis shows complete bearish momentum with room for further bearish activities. Bears have a firm grip on the SOL market, and they are expected to continue to grow in influence. In addition, because of the recent decrease in price, the bears now believe that another devaluation is coming soon. Because of this, the […]
Neo price analysis: NEO breaks below $10.71 as bearish stress overwhelms the market
Neo price analysis shows a continued bearish sentiment as Neo prices consolidate below the previous support of $10.71. Prices have currently set a new support level at $10.35 while they face resistance at the $11.17 mark. The market is expected to see lower prices as the bearish pressure continues. The market is currently trading at […]
Phoenix Finance set to debut first DEX on Terra 2.0
Phoenix Finance is planning on becoming the first decentralized exchange on the newly-proposed Terra 2.0, and several developers are also getting ready to utilize the Terra network. Many, including investors, validators, and decentralized application (dApp) developers, have recognized TerraForm Labs’ willingness to create a new chain out of the existing one as part of its […]
South Korea proposes a new framework for crypto firms
South Korea has announced that firms involved in digital assets and related products might soon be migrated to a brand new regulatory framework. According to the report, which claims a source from the government, the new framework will ensure regulations tailored to help investors. In the information, the new regulatory framework will specifically target known […]
Chainlink price analysis: LINK rose above $5.50 and may break through $8 resistance if it breaks out of that level
Chainlink price analysis shows that the coin has recorded a 9 percent increase in value over the past 24 hours and is currently trading at $6.09. The digital asset is following an ascending parallel channel on the 4-hour chart and is nearing the upper boundary of this pattern, which could act as resistance around $8. […]
Explained: A16z’s 2022 State of Crypto report
Andreessen Horowitz, a private American venture capital firm (a16z), is excited to share the results of their recent research into the state of cryptocurrency in 2022. The report is based on data from the a16z investment portfolio and other sources. It’s designed to give people a sense of what the industry is like right now […]
BaFin executive proposes innovative DeFi regulation in Europe
BaFin, the agency charged with the supervision of financial activity across Germany, has called for establishing a direct and innovative DeFi regulation across Europe. The agency’s statement was reiterated by its executive, Birgit Rodolphe, who talked about the importance of having a uniform rule across the continent. BaFin is the agency tasked with regulating and […]
Litecoin price analysis: Bullish momentum to continue pushing prices towards $75
Litecoin price analysis shows the digital asset opened the daily trading session trading at $72.52.LTC closed yesterday’s trading chart with bulls in control and they are still in charge as the market surges by 2.74 percent. The trading volume for the day is still at its average and currently, it’s trading at $775,517,054.74. The total […]
Cardano price analysis: ADA rejected at $0.600, downwards movement to follow
TL;DR Breakdown Cardano price analysis suggests a downwards movement to $0.500 The closest support level lies at $0.5500 ADA faces resistance at the $0.600 mark The Cardano price analysis shows that the bulls are unable to climb past $0.600 and have fallen back to the $0.5600 support level as the bullish activity dies down. The […]
Bitcoin, Ethereum, Avalanche, and Litecoin Daily Price Analyses – 17 May Roundup
The performance of the global crypto market over the last day shows the coming back of it to the same pattern, as evident from Bitcoin’s performance. It has continued to alternate between bullish and bearish waves. The changes have brought momentary ups, but the impact is not lasting. These gains help lift the value of […]
Polkadot price analysis: DOT/USD set to break higher today
Polkadot price analysis shows a bullish trend in the DOT/USD market. After breaking out the symmetrical triangle pattern, prices are trading above the $10.5 level. The breakout has set key support at $10.0. Polkadot price analysis shows that the DOT/USD market is in a bullish trend. After breaking out of a symmetrical triangle pattern, prices […]
Chris Poulin takes up CTO and head of AI role at SingularityDAO
TL;DR Breakdown Chris Poulin is now the Chief Technology Officer for SingularityDAO. The rising demand for AI-driven blockchain tech influences this new decision by SingularityDAO. The focus of Chris Poulin will be DynaSets, a new project pursued by SingularityDAO. SingularityDAO has recently assigned Chris Poulin as their chief technology officer. Chris is a research scientist […]
Chainlink price analysis: LINK prices consolidate above $7.5 as market sentiment turns positive
Chainlink price analysis shows the cryptocurrency has had a surge of 3.57 over the day as prices remain above the $7.5. The bulls have come back to the market as the day comes to an end. Support for LINK prices is present at $7.2 as the market sentiment turns bullish. Resistance for Chainlink prices is […]
Bitcoin price analysis: BTC not yet ready to continue higher, retest of $29,500 overnight?
Bitcoin price analysis is bearish today as we have seen failure to continue higher after another higher low was set at $29,500 yesterday. Therefore, BTC/USD should retest the support next and potentially break lower to continue along with the several-week bearish trend. The market has moved slightly in the green over the last 24 hours. […]
Solana price analysis: SOL/USD regains bullish momentum, spikes above $56.21
Solana price analysis recently reveals a bullish market sentiment after a slight price drop. The digital asset is currently trading at $56.21 and is facing resistance at $57.49. On the other hand, support for SOL/USD is present at $52.27.Solana prices have been trading low over the last few days but have regained bullish momentum today. […]
Ethereum price analysis: ETH bounces from $2,000, swift push higher next?
Ethereum price analysis is bullish today as we have seen a higher low set at $2,000 and another push higher since. Therefore, we expect the $2,200 resistance to be reached soon and another higher high set. The market has seen bullish momentum return over the last 24 hours. The leaders, Bitcoin and Ethereum, gained 3.02 […]
