Solana price analysis: Freefall continues as bulls are crushed under bearish pressure
The Solana price analysis shows that the bears have bled out more than 50 percent of the asset’s price action and the sell-off shows no sign of stopping anytime soon. The broader cryptocurrency market has observed a bearish market sentiment over the last 24-hours as most major cryptocurrencies record negative price movements. Major players include […]
Bitcoin, Ethereum, Shiba Inu, and Polygon MATIC Daily Price Analyses – 11 May Roundup
The global crypto market hasn’t performed well over the last 24 hours, as the indicators suggest a crash. Most of the coins, including Bitcoin, have entered a red zone as their value has depreciated to dangerous levels. Thus, it can be translated as an emergency for the market because of the imminent threats. The market […]
Development of Ghanaian digital cedi requires experienced crypto experts – Afroblocks
TL;DR Breakdown Ghana’s new central bank digital currency, the digital cedi, seems to have lost in the crypto space owing to the absence of clarity. The Bank of Ghana had released the digital cedi after forming a partnership with a German firm, Giesecke+Devrient. According to Afroblocks, the Bank has not been able to implement proper […]
Ripple to explode in Asia? Ripple remittance deal with Japanese giant SBI
TL;DR Breakdown Japanese monetary firm SBI has teamed up with Ripple on a new Ripple remittance deal. The deal seeks to provide the first on-demand liquidity in the whole of Japan. The two have partnered up before in their co-venture called SBI Ripple Asia. Ripple has great potential as many investors believe in the cryptocurrency. […]
Solana price analysis: Bearish run brings SOL value down to $65.55
The Solana price analysis confirms a bearish trend as the market slides down to $65.55.The Solana price analysis is currently bearish as it continues its slide down from yesterday’s high of $68.13. The market has found some support at the $64.02 level, but the $73.76 resistance is proving to be a formidable barrier to break. […]
Bitcoin price analysis: BTC tests $29,500 support, rejection indicates more upside next?
Bitcoin price analysis is bullish today as we expect the current reaction from the $29,500 support to result in a reversal over the rest of the week. Therefore, BTC/USD should soon return above $32,000 and begin to regain the previous day’s losses. The market has traded in the red over the last 24 hours as […]
Ethereum price analysis: ETH set to reverse after strong rejection above $2,100?
Ethereum price analysis is bullish today as we have seen another strong push lower being met with a reaction higher above the $2,100. Therefore, bulls are sending a strong signal that retracement will follow over the rest of the week. The market has traded mostly in the red as selling pressure continued over the last […]
Bitcoin, Ethereum, Cardano, and Solana Daily Price Analyses – 11 May Morning Price Prediction
The performance of the global crypto market has seen no improvement in the value as the losses for its increase in value. The mainstay for the market, i.e., Bitcoin, hasn’t improved in value as its losses have brought it to the $30K range. Instead of positive progress, the market has gone deeper into despair, causing […]
Korean exchanges warn users against trading LUNA amid price slump
Since this year, Terra (LUNA) has drawn worldwide attention for its status as one of the most powerful cryptocurrencies globally, with its market capitalization growing to become the world’s seventh-largest in March. However, following the crypto’s present downtrend, several of South Korea’s major exchanges have issued cautions about trading LUNA. LUNA’s fall spooks Korean crypto […]
Kraken CEO announces plans to onboard new assets
Kraken CEO Jesse Powell has announced that the crypto exchange might be looking to onboard more digital assets, giving retail traders what they want. Retail traders have taken to exchanges due to so many factors that are beneficial to them. Besides the ease of cross-border transactions, traders can earn rewards for trading and staking digital […]
Tezos price analysis: Bears mount pressure on XTZ prices pushing prices below $2.0
Tezos price analysis for today reveals Tezos is among the many altcoins in the market that have witnessed a major decline, shedding 11.15 percent of its price and is now trading below $2.0.The XTZ/USD pair is currently trading at $1.94 after price fluctuation between $1.94 and $2.29 in the last 24 hours. The market sentiment […]
Polkadot price analysis: DOT faces severe sell-off as price heads to break below $10.8
Polkadot price analysis continues to show bearish signs that only intensified over the past 24 hours. The price is down 12.16 percent over the last day and is now trading just above $10.8.This sell-off comes after a period of consolidation that saw DOT prices trade in a tight range between $12 and $13. However, the […]
Investors report scams from crypto ads on Facebook
Investors have continued to report scams as criminals have continued to front their malicious platforms using the image of Martin Lewis. According to several reports, the scam ads, mainly from Facebook, saw traders lose more than $700 million last year. This recent report is coming off an earlier one that happened years ago. The same […]
Cardano price analysis: ADA/USD set to dip further below $ 0.6021
TL;DR Breakdown Cardano price analysis shows a bearish trend ADA/USD is currently trading at $0.66 Cardno resistance is present at $0.7 Cardano price analysis is currently undergoing a slight correction after yesterday’s price hike. The market had seen a massive bullish run that lasted for almost two weeks prior to the retracement. ADA has observed […]
Bitcoin, Binance Coin, XRP, and Dogecoin Daily Price Analyses – 10 May Roundup
The global crypto market hasn’t seen any significant changes as the losses for Bitcoin, and some other major coins persist. Though the market was continuing towards bullishness, the past 24 hours didn’t bring it any good. Rather the small gains have helped it change direction from bearish to bullish. The market needs a strong bullish […]
Filecoin price analysis: FIL enters bullish zone after a period of brief bearish run
Filecoin price analysis shows a negative market trend set for FIL prices after a period of a bearish run. Support for Filecoin prices is set at the $10.60 level after a bearish run seen in the market before prices corrected themselves. However, the $12.44 level is still a major resistance point for prices and bulls […]
Chiliz price analysis: Price manages to break through the $0.475 barrier with bullish support
TL;DR Breakdown CHZ price has reached $0.478 limit. Chiliz price analysis confirms bullish lead. Support is prominently strong at $0.231. The bulls have been able to overpower the bearish momentum as an increase in price has been recorded as per Chiliz price analysis. The uptrend has been getting stronger for the past few days, and […]
Chainlink price analysis: Bears take control as prices retrace from highs of $15.0
The Chainlink price analysis indicates the LINK/USD pair extended its correction from the intraday high of $10.52 and traded to a low of $8.90 during the early hours of the day. Chainlink price analysis reveals a decline of 2.45 percent in prices from the previous price as bears look to break lower. The selling pressure […]
Bitcoin price analysis: BTC rejects further upside at $32,000, another push lower overnight?
Bitcoin price analysis is bearish today as we have seen strong selling pressure return throughout the day as the $32,000 mark has offered plenty of resistance. Therefore, ETH/USD should continue even lower and look to finally break the $29,500 next major support. The market has traded in the red over the last 24 hours. The […]
Wombat wallet to be integrated with Ethereum for a wider growth of NFT ecosystem
TL;DR Breakdown Spielworks, one of the most prominent firms working on blockchain-based gaming, has announced a new project. Spielworks Wombat wallet will soon be integrated with the Ethereum network and aims to build a wider multi-chain NFT ecosystem. The people with Wombat wallets in the Womplay blockchain application will be able to buy and sell […]
Bitcoin, Ethereum, NEO, and Stacks Daily Price Analyses – 10 May Morning Price Prediction
The global crypto market remains in losses, though the changes over the last 24 hours have increased its value. The changes in the overall market’s performance can be seen through the improvement in Bitcoin value. Ethereum has been much better as its value of gains has entered a bullish phase. The upcoming day might help […]
Talo raises $150 million in Series B funding; a start of the new reign of institutions
Talo recently has bagged the title of crypto unicorn that exhibits its success symbol. Talo successfully raised $150 million in the cryptocurrency market to reach a global worth of $1.3 billion. It aims its extension and diversification as an institutional digital asset platform. General Atlantic predominantly led this funding that has attracted new investors as well. […]
Ethereum price analysis: ETH reacts to $2,450, ready to drop further?
Ethereum price analysis is bearish today as we expect further downside to follow after a strong drop and reaction higher over the last 24 hours. Likely ETH/USD will soon continue even lower as the sentiment is strongly bearish. The market has traded in the red over the last 24 hours despite recovery earlier today. The […]
Shiba Inu (SHIB) attracts thousands of new holders despite price losses
The number of holders and overall Interest in Shiba Inu (SHIB) has been soaring lately, despite the cryptocurrency market being dragged into a bearish trend this week, with all of the major assets falling. Data from Coinmarketcap showed that SHIB holders have increased over 1.39% over the past 30 days. As of 10th April, the […]
Madonna teams up with Beeple to launch NFT
Popular Singer Madonna has announced a team-up with famous NFT artist Beeple, seeing the birth of a series of digital collectibles. Beeple is currently the only artist with the hugest ever grossing from NFTs. Although he has been quiet in the last few months, new reports show that he has been working alongside Madonna to […]
Cardano price analysis: ADA/USD bearish as bears eye $ 0.6821
Cardano price analysis shows a bearish trend. There is strong support for the ADA/USD pair at $0.5907 and resistance at $0.6985.Cardano’s (ADA) price has been on a downtrend over the past few days. The cryptocurrency has lost over 8% of its value in the past 7 days and is currently trading at $0.6821.The trading volume […]
IoTeX price analysis: IOTX rallies high to ATH at $0.25, gaining 111 percent overnight
TL;DR Breakdown IoTeX price analysis is highly bullish today. The IOTX/USD is at an all-time high of $0.25. IoTeX has emerged as a winner of the IoT blockchain race. The IoTeX price analysis reveals the IOTX/USD is strongly bullish at the moment, and the recent uptrend started on 28th October. But IOTX skyrocketed yesterday when […]
Binance halts UST and LUNA token withdrawals
The price of the Terra (LUNA) cryptocurrency fell 60%, under $25 for the first time since September 2021, as of press time. Following these developments, crypto exchange Binance announced that it was temporarily halting the withdrawal of LUNA and UST, algorithmic US dollar stablecoin. Binance blames network congestion In a statement today, Binance explained: On […]
UST falls to $0.65: Luna’s market capitalization plummets 44%
In less than 48 hours, the USD stablecoin TerraUSD (UST) has lost its dollar peg for the second time. The market price for TerraUSD fell to as low as $0.65 on Monday, losing $0.35. The price of LUNA, its sister token, has fallen by 44% in the past 24 hours, ending at $35. The UST, […]
Nigeria to boosts CBDC as cryptocurrency limitations stifle the fintech industry
The Central Bank of Nigeria (CBN) is working on plans to upgrade the country’s central bank digital currency (CBDC) so that it may be used on a wider range of items and services. In addition, it is continuing to impose onerous crypto regulations that stifle the country’s financial technology sector. Central Bank of Nigeria (CBN) […]
The Sandbox price analysis: SAND continues higher, set to discover $3 today?
TL;DR Breakdown The Sandbox price analysis is strongly bullish today. The Sand continues to discover new highs. The support for SAND is found at $2.1. The Sandbox price analysis report is in bullish color again as the token continues to move higher every day. SAND bulls have covered a good upwards range from $2.12, the […]
Meta plans to test NFTs on Instagram
Meta, through its top executive, Mark Zuckerberg, has announced the test of NFTs on Instagram before the end of this week. In his statement, the CEO mentioned that users on the platforms might witness the integration of the collectibles before this week runs out. This move is pointing toward the direction of Instagram having an […]
Solana price analysis: SOL prices bleed to $70.10.More downside to follow?
The Solana price analysis reveals SOL prices are currently testing the lowest price level this year 2022 as it hits the $70.06 mark. The bears have been in control of the market since the beginning of this month as they push prices down from the $109 high. The bulls have been trying to defend the […]
Binance Coin price analysis: Bulls find support as BNB recovers $325
The Binance Coin price analysis shows that the bulls found strong support at the $300 mark to initiate a trend reversal. Currently, the price has recovered to $325, with the bullish movement expected to continue across the short term. The broader cryptocurrency market has observed a bearish market sentiment over the last 24-hours as most […]
Polkadot price analysis: DOT price suffers further downtrend at $11.57
Polkadot price analysis reveals a prevailing decline of DOT prices over the last few days, with prices bleeding to $11.57. The prices are down by a whopping 11.13 percent, registering the weekly low at $11.09 on May 10, 2022. The market capitalization of DOT has fallen to $11.2 billion, and the 24-hour trading volume is […]
Bitcoin, Binance Coin, Zcash, and Waves Daily Price Analyses – 9 May Roundup
The global crypto market is going through the worst recession of the year as Bitcoin value has regressed to the lowest, i.e., $30K. The decline continues unaffected by any positive change as the bearish pull has strengthened with time. Though there were hopes that the market would revive after suffering losses for a while, it […]
Crypto enthusiast, Colin Platt, predicts NFTs’ future, plans to create his own versions
TL;DR Breakdown The non-fungible token industry has drawn more audience. The co-funder of Unifty, Colin Platt, concludes that he is building the future of non-fungible tokens. As the NFT industry has become a popular multi-billion dollar industry, Colin Platt predicted his own version of the future of NFTs. The popularity of NFTs has resonated through […]
Bitcoin price analysis: BTC spikes to $31,000, swift retracement incoming?
Bitcoin price analysis is bullish today as we have seen a substantial drop until the $31,000 mark, where rejection is currently seen. Therefore, BTC/USD will likely regain some of the loss over the next days and look to set a lower high. The market has traded in the red over the last 24 hours. The […]
Mike Novogratz considers Cardano a ‘mystery,’ slams the currency.
TL;DR Breakdown Mike Novogratz, one of the most successful and well-known hedge fund managers, has spoken against Cardano. The hedge fund manager has maintained a negative stance on Cardano for a long time and stated that he considers it a ‘mystery.’ After Mike Novogratz tweeted this, people on Twitter asked the manager to search on […]
Litecoin price analysis: Bears strike back below $85.43 as LTC/USD resumes the downtrend
Litecoin price analysis shows a bearish trend for LTC prices after bearish pressure sent prices below the $85.43 support level. The LTC/USD pair is now trading at $85.22 and is facing strong resistance at the $85.58 level. The next support level for Litecoin prices is at $85.40, which is likely to be tested in the […]
