VeChain price analysis: VET gains value at $0.052
The VeChain price analysis shows that the price of VET/USD has followed a strong upwards trend in the last 24 hours. The price has continued a positive movement, increasing significantly, barely shying away from the $0.054 mark. However, the market’s direction is bullish; the cryptocurrency appears to move upwards. Today, on April 28, 2022, the cost of […]
Bitcoin, Binance Coin, Litecoin, and Cosmos Daily Price Analyses – 28 April Roundup
TL;DR Breakdown The global crypto market has stayed bullish, adding 0.20% over the last 24 hours. Bitcoin has remained stable during the last day, adding 0.52%. Binance Coin has also been much better over the past 24 hours, adding 3.67% to its value. Litecoin is in a bullish mood as it added 2.74% while Cosmos […]
Bitcoin price analysis: BTC rejects upside above $40,000, further decline incoming?
TL;DR Breakdown Bitcoin price analysis is bearish today. BTC/USD continued to retrace yesterday. Rejection of upside seen over the last hours. Bitcoin price analysis is bearish today as we have seen more upside slowly tested and rejected over the last hours. Therefore, BTC/USD has set another lower high and is now ready to decline further. […]
Ethereum price analysis: ETH continues to retrace, finds resistance at $2,950
TL;DR Breakdown Ethereum price analysis is bullish today. ETH/USD continued higher overnight. Next resistance at $2,950 is currently tested. Ethereum price analysis is bearish today as we have seen a strong push higher continue and test of downside quickly rejected. Therefore, ETH/USD will likely soon break past the $2,950 next resistance and look to set […]
Ethereum’s quest to launch its merge to transcend the Bitcoin
TL;DR breakdown Ethereum announces a shift from Proof of Work to Proof of Stake. With this new model, investors don’t have to solve complex grinding and electricity-consuming puzzles. However, due to the delay in this merge, Ethereum fell from $3,125 to $2,947 A flux and variability have been seen in the Ethereum (ETH) algorithm from […]
Aave Price Analysis: AAVE ready to break above $345, further upside to follow?
TL;DR Breakdown Aave price analysis is bullish today. AAVE/USD rallied to $345 over the past days. Resistance currently rejecting further upside. Aave price analysis is bullish today as the $345 resistance currently gets tested after a strong rally earlier today. Therefore, AAVE/USD will likely break higher and establish a strong higher high next. The overall […]
John Legend succeeds in the NFT world through his company “Our Happy”
TL;DR Breakdown • Legends NFT platform is a community for artists• Company led by John Legend shows the index of the introductory offer on OurSong American singer-songwriter John Legend is looking to get into NFT trading through “Our Happy” company. The contemporary Pop and R&B star, famous for the single “All of Me,” adapts to […]
Bitcoin, Ethereum, Stellar XLM, and Hedera Hashgraph Daily Price Analyses – 28 April Morning Price Prediction
TL;DR Breakdown The global crypto market is moving towards improvement as it has gained 1.31% over the last 24 hours. The situation for Bitcoin is also moving towards stability as it has gained 1.46% over the last 24 hours. Ethereum has also been in a better situation than other days, adding 1.55% in 24 hours. […]
Uniswap price analysis: UNI prices trade sideways as bulls try to hold the $8.20 handle
TL;DR Breakdown Uniswap price analysis is bullish UNI prices are currently trading above the $8.2 level Support for UNI/USD prices is present at $8.0 The Uniswap price analysis reveals that Uniswap prices have been trading sideways over the past few days as bulls move above $8.2. The token has seen some selling pressure around this […]
Dubai real estate DAMAC rolls out support for Bitcoin payment
TL;DR Breakdown Dubai real estate company, DAMAC, accepts payment in Bitcoin The crypto market in the UAE continues to develop rapidly, with many merchants supporting DAMAC Properties, one of the largest real estate companies in Dubai, announced on Wednesday that it would support cryptocurrency payment for real estate. By accepting crypto, the company intends to […]
Solana price analysis: Bulls stumble to rebound SOL prices at $100.0 level
TL;DR Breakdown Solana price analysis is bullish Solana prices trade in a sideways trend as bulls try to recover the market Solana prices are currently facing resistance at the $100.5 level Solana price analysis reveals SOL prices opened the daily trading chart trading in a sideways trend as bulls try to recover the market. Solana […]
Ronin Network upgrades security following hack
TL; DR Breakdown Ronin Network improves security after hack The hack has been tied to the Lazarus group The firm breaks down the attack Ronin Network, in conjunction with Sky Mavis, has announced that they will be taking initiatives to ensure the security on the platforms is beefed up. This latest announcement is coming off […]
DeFi projects continue their massive growth as markets remain flat
TL;DR Breakdown DeFi projects have seen continued growth in recent times. The top 20 crypto assets have seen a drop in their value recently. DeFi projects have continued their recent bull run while top crypto assets in the industry have recorded a second straight day of losses. According to available data, most of the crypto […]
Fantom’s Deus Finance hacked again for over $13 million
TL;DR Breakdown: Deus Finance has suffered another flash loan attack. At least, $13 million in crypto was drained from the pool. The crypto industry has lost over $650 million so far in 2022. Deus Finance, a decentralized derivatives protocol based on Fantom, has suffered another flash loan attack, just weeks after it lost about $3 […]
Filecoin Price Analysis: FIL rejects upside at $60, set to decline today?
TL;DR Breakdown Filecoin price analysis is bearish today. FIL/USD saw a quick spike above $60. Bears currently reject further upside. Filecoin price analysis indicates bearish momentum to follow as further upside was rejected after a spike above the $60 mark. Therefore, we expect FIL/USD to decline over the next 24 hours and likely return to […]
Ripple Labs slammed with another class-action suit
TL;DR Breakdown Tyler Toomer filed a new class-action lawsuit against Ripple Labs. The crypto company’s legal troubles continue. A new class-action lawsuit has been filed against Ripple Labs by Tyler Toomey. According to this new lawsuit, the San Francisco-based crypto company has been accused of breaking the Florida Securities and Investor Protection Act by selling […]
Paypal set to close its San Francisco office
TL; DR Breakdown PayPal will close its office in San Francisco The firm prefers workers to work remote More firms continue to abandon San Francisco One of the biggest payments companies in the US, PayPal, has announced that it will be shutting the doors of its San Francisco office. However, the report from available sources […]
Bitcoin, Binance Coin, Klaytn, and Flow Daily Price Analyses – 27 April Roundup
TL;DR Breakdown The global crypto market has made significant improvements as it turned bullish, adding 0.93%. Bitcoin has also been able to grab its part in the profits, adding 2.03% over the last 24 hours. The situation of Bitcoin shows improvement as it has reduced its losses to 0.61%. Klaytn and Flow are both bearish, […]
Algorand price analysis: ALGO finds support at $1.350 but bulls remain dormant
TL;DR Breakdown Algorand price analysis suggests sideways movement across the short term The closest support level lies at $1.350 and further below at $1.3090 ALGO faces resistance at the $1.3862 mark and further upwards at $1.400 The Algorand price analysis shows that after falling to the $1.350 mark the buyers were able to find a […]
How to Buy Avax
Avalanche is one of the most extensive blockchain networks at the moment. The network is often regarded as the “blockchain of all blockchains” due to its interoperability. With Ethereum’s ever-growing transaction fees, Avalanche is seen today as a prominent alternative to Ethereum’s blockchain network. Avalanche’s native cryptocurrency is AVAX, and it is used to pay […]
PancakeSwap price analysis: Price returns to $20 after recovering from a flash crash
TL;DR Breakdown The PancakeSwap price analysis show, bulls are on their way towards recovery. Price has joined the $20 position today. Support is placed at $18.55 for now. The PancakeSwap price analysis is showing signs of recovery after a prolonged battle. The past few weeks have been extremely deterrent for the coin value as the […]
Signal app looking to integrate MobileCoin into its platform
TL;DR Breakdown The privacy-focused messenger, Signal app, could integrate a crypto payment platform into its system. Users seek alternatives to WhatsApp due to privacy concerns. Elon Musk advises followers to use the Signal app. There is no doubt that competition is rife in the technological industry. And in recent times, the competition has been between […]
Bitcoin and gold ETP hybrid by 21Shares: An innovative step!
TL;DR Breakdown A new ETP will track Bitcoin (BTC) and gold from 21Shares. 21Shares will start making Australia’s first Bitcoin and Ethereum ETFs. The success of 21Shares. 21Shares has come up with a way to fight inflation hedging by combining Bitcoin and gold ETPs. People invest in inflation hedges to ensure their money doesn’t lose […]
Bitcoin price analysis: BTC on its way below $38,000?
TL;DR Breakdown Bitcoin price analysis is bearish today. BTC/USD saw another drop yesterday. Reaction from $38,000 support was seen this morning. Bitcoin price analysis is bearish today as we expect the current reaction higher to soon set another lower high and lead towards further downside over the next days. Likely BTC/USD will break past the […]
Bitcoin, Ethereum, Arweave, and Amp Daily Price Analyses – 27 April Morning Price Prediction
TL;DR Breakdown The situation of the global crypto market remains thin as it continues to be bearish, shedding 3.51% over the last 24 hours. The performance of Bitcoin hasn’t improved yet, as its losses amount to 3.66%. Ethereum has also been in losses as it didn’t progress enough to turn bullish, shedding 3.80%. Arweave has […]
Neo price analysis: NEO prices in a state of “uncertain return”
TL;DR Breakdown Neo price analysis shows a bearish trend Neo prices currently trading at $18.95 Support for NEO prices is seen at the $18.0 level Neo price analysis shows that the market is in a state of “uncertain return”. The bulls have failed to push the prices above $19.0 and a bearish pennant has formed […]
Bank of Spain warns against using crypto
TL;DR Breakdown The Bank of Spain has recently published a report which discourages the use of cryptocurrencies. The Bank believes that crypto assets are not backed by anything, and their prices are volatile. The Bank of Spain has published a new study that discusses the legality and popularity of cryptocurrency usage and its potential impact […]
Aave price analysis: AAVE prices enter a bullish phase after a brief downside
TL;DR Breakdown Aave price analysis is bullish AAVE prices are facing resistance at the $175.0 level Support for Aave prices is present at the $155.88 Aave price analysis for today shows a bullish trend whereby the prices opened the daily trading session trading below the $170.70 level. The market is facing resistance at the $175.0 […]
Mexico gets new Bitcoin ATM in Senate building
TL;DR Breakdown A Bitcoin ATM has been installed in the Mexican Senate building The Bitcoin ATM was installed as an initiative by several Senators The goal is to promote Bitcoin usage in Mexico. The Mexican Central Bank recently released a report detailing its plans to regulate cryptocurrencies. Despite restrictions, Mexico has acquired another Bitcoin ATM, […]
New York passes bill to block crypto mining using carbon-energy
Environmentalists won a small victory in New York on Tuesday when the State Assembly passed a bill that seeks to crack down on cryptocurrency mining activities in the state. The Assembly has passed the cryptocurrency mining moratorium bill sponsored by Democrat Anna Kelles. The bill seems to prohibit new permits and expansions for proof-of-work (PoW) […]
Ethereum price analysis: ETH tests further downside, break below $2,750 next?
TL;DR Breakdown Ethereum price analysis is bearish today. ETH/USD saw another drop yesterday. Reaction higher seen overnight. Ethereum price analysis is bearish today as we have seen another strong lower high and low set over the past days. Likely the current reaction higher will not hold for long, and ETH/USD will continue even lower soon. […]
Gibraltar regularizes crypto laws to control the decentralized market
TL;DR Breakdown • Financial Secretary indicates that Gibraltar wants crypto trading to be secure• The country will follow the latest trends in crypto regulations within the United States Gibraltar recently introduced a new regulatory amendment to the crypto market. The amendment clarifies that crypto companies must respect the crypto market laws. In previous months, the […]
Bybit launches latest Crypto expansion for traders
TL;DR Breakdown Bybit has announced its expansion into Crypto to enhance its sphere of influence in trading. Traders can make settlements using USD Coins and perpetual. This option will broaden the product line and support the trader’s Portfolio. Bybit is a Singapore-based cryptocurrency exchange service. It is the fastest-growing means of trading that enables millions […]
Algorand price analysis: ALGO dips to lows of $0.6668 as market momentum fades
TL;DR Breakdown Algorand price analysis indicates a bearish trend Algo prices have dropped by 6.74 percent Algorand prices have set major support at the $0.6469 Algorand price analysis indicates that prices have been under bearish pressure as of late, with prices falling by 6.74 percent over the course of yesterday’s trading session. The cryptocurrency had […]
Brazil approves bill to regulate crypto
TL; DR Breakdown Brazil approves crypto regulation bill The SEC might oversee the regulation Senators want to encourage high value investors Brazil has announced the passing of the a bill that seeks to guide usage of crypto assets. The bill was given the green light at a Senate session yesterday. Should the bill get final […]
Robinhood dismiss 9% of its employees
TL; DR Breakdown Robinhood axes 9% of its staff The company housed more than 3,700 staff Robinhood plans big for the future Robinhood, a famous retail trading company, has announced that it has axed about 9% of its staff strength. Following a below-par performance of the company’s token, which plunged to an all-time low, it […]
Litecoin price analysis: LTC prices lose value at $100.88
TL;DR Breakdown Litecoin price analysis shows a bearish market trend LTC prices have seen support at the $97.8 level Litecoin prices are down by 3.08 percent The most recent Litecoin price analysis reaffirms a strong bearish trend in the market, with the price plummeting to its lowest point after 17 December 2020. The cryptocurrency is […]
Polkadot price analysis: DOT prices recover at the $17.14 level as bulls step up to the plate
TL;DR Breakdown Polkadot price analysis shows a bearish trend DOT/USD prices are currently trading above the $17 level Major support for DOT prices is set at $16.5 Today Polkadot price analysis shows a slight recovery towards the $17.0 level as DOT prices had fallen below the $17.0 level yesterday. The prices had lost the upward […]
Bitcoin, Binance Coin, Loopring, and Kyber Network Daily Price Analyses – 26 April Roundup
TL;DR Breakdown The global crypto market has taken a sharp turn, shedding 4.98% over the last 24 hours. The changes in the market have affected Bitcoin badly as it shed 5.24% in 24 hours. Binance equally faced the hardships of bearishness, shedding 3.58% in 24 hours. Loopring is bearish as it has depreciated 5.30%, while […]
Uniswap price analysis: UNI faces a massive sell-off as prices seek to break below $8.0
TL;DR Breakdown Uniswap price analysis shows a downtrend UNI prices have sought support at the $7.6 mark Uniswap prices have declined by 5.47 percent Uniswap price analysis recently shows a prevailing downtrend as the prices look to break below the $8.0 support level. The digital asset is presently changing hands at $8.22 after losing 5.47 […]
