Ethereum Price Analysis: ETH breaks $3,100, set to continue lower?
TL;DR Breakdown Ethereum price analysis is bearish today. ETH/USD set another local lower high. Selling pressure is still strong. Ethereum price analysis is bearish today as the upside was rejected yesterday, leading to a break below $3,100 overnight. Therefore, we expect ETH/USD to continue lower over the next 24 hours. The market has seen mixed […]
Dogecoin Price Analysis: DOGE continues to retrace, reaches $0.16 major support level
TL;DR Breakdown Dogecoin price analysis is bearish today. DOGE/USD continued lower overnight. Next support at $0.16 is currently tested. Dogecoin price analysis is bearish today as we expect more downside to follow after a steady decline over the last 24 hours. Therefore, DOGE/USD will likely break the $0.16 support next and break even lower. The […]
Cardano Price Analysis: ADA retraces 18 percent, reversal to follow?
TL;DR Breakdown Cardano price analysis is bearish today. ADA/USD continued lower overnight. Previous resistance at $1.35 is currently tested as support. Cardano price analysis is bearish today as we expect further downside to follow as the downside momentum is still strong. Likely, ADA/USD will break even lower and test the $1.30 support next. The market […]
Opera set to launch beta version of crypto browser
TL; DR Breakdown Opera will launch beta version of crypto browser The company wants to push crypto adoption Opera adds inbuilt wallet Opera has announced the roll out of the beta version of its browser. The application is one of the ways the company wants to bring users close to various groundbreaking platforms in the […]
Axie Infinity Price Analysis: Axie Infinity consolidates above $70 amid bearish clouds
TL;DR Breakdown Axie infinity price is bearish today amid heavy selling action. Axie infinity/USD found resistance at $75.63. Support is present at $70.43 but looks shaky. Yesterday’s Axie infinity price analysis traded in mixed reactions, however towards the closure of the daily chart the coin gained bearish momentum. The bearish trend has been going on […]
Ripple Price Analysis: XRP/USD to break $0.8 soon?
TL;DR Breakdown Ripple price analysis is bullish today. XRP/USD broke past the previous low this morning. XRP/USD pair s present at $0.73. Bears had dominated the market-making XRP/USD pair to trade in a bearish trend towards the conclusion of last night’s Ripple price analysis chart. However, when today’s analysis kicked in, the bulls took control […]
Crypto mining: Georgians swear an oath to stop activities
TL; DR Breakdown Georgians swear an oath to stop crypto mining activities Residents of Svaneti swear an oath Countries continue to ban miners activities Over the last few months, countries have continued to cry out about the adverse effects of crypto mining on their economy. Ranging from the massive energy expended to the adverse effects […]
What is happening between SHIBA INU and Coinmarketcap?
TL;DR Breakdown: Coinmarketcap and Shiba Inu developers are in talks to resolve the recent issue regarding wormhole contracts. Shiba Inu had accused the crypto tracker of listing fake smart contract addresses for SHIB. The tracking platform explained that the addresses were wormhole contracts and not malicious. Last week, the development team behind Shiba Inu got […]
Litecoin price analysis: LTC/USD sinks below key support, is $120 next?
TL;DR Breakdown Litecoin price analysis is extremely bearish today LTC/USD has broken below key support at $135. LTC/USD is currently trading at $133. Closest support at $125 where some buying action is expected. Litecoin is currently trading at $133 with a highly negative bias. This bearish trend may continue due to the bearish sentiment present […]
Bitcoin, Ethereum, Dogecoin, Shiba Inu Daily Price Analyses – 18 January Roundup
TL;DR Breakdown The global crypto market has lost 0.49% in the last 24 hours. Bitcoin has added 0.48% in the last 24 hours. Ethereum, in a bearish mood, has lost 1.49% in the last 24 hours. Dogecoin and Shiba Inu continue to lose; the losses for the last 24 hours are 2.28% and 2.92%, respectively. […]
Bitcoin Price Analysis: BTC breaks previous low, support found at $41,500?
TL;DR Breakdown Bitcoin price analysis is bullish today. BTC/USD set strong lower low today. Support current found at $41,500. Bitcoin price analysis is bullish today as we expect a reversal to follow after a strong drop over the last few days. Likely BTC/USD will retrace and look to set another low high later this week […]
Red village partners Umbria to create seamless blockchain P2E gaming experience
TL;DR Breakdown Umbria, Red village partner for improved experience for P2E gamers More and more NFT game developers continue to adopt Umbria Narni bridge Umbria Network has partnered with The Red Village community to provide fast, cheap and easy way to bridge ETH to the Polygon network (WETH) via its new bridge widget. The Red […]
Bitcoin, Ethereum, StarGod, Solana Daily Price Analyses – 18 January Morning Prediction
TL;DR Breakdown Bitcoin lurks to gain momemtum but fails Ethereum moves below $3,200, lingers past the setback StarGod continues its journey ahead, adding 780% Solana sheds 5.38% and marches closer to $136 The market continues to sink, for there’s no change in the trend as the currencies continue to shed by large margins. As the […]
Ethereum Price Analysis: ETH drops lower, finds support at $3,100
TL;DR Breakdown Ethereum price analysis is bullish today. ETH/USD broke past previous support overnight. New support is currently found at $3,100. Ethereum price analysis is bullish today as we expect a reaction higher to follow after a lower low set at $3,100. Likely ETH/USD will reverse from there, and look to set a lower high […]
BitMEX exchange set to acquire German bank
TL;DR Breakdown; BitMEX acquirs one of Germany’s oldest bank to boost its expansion. Bank, Bankhaus von der Heydt already into crypto products before acquisition. Popular crypto exchange, BitMEX has announced plans to purchase Bankhaus von der Heydt, a 268-year-old German bank. BXM Operations AG, a subsidiary of the leading crypto derivatives exchange, BitMEX, announced in […]
Chainlink Price Analysis: LINK/USD set to break past $30 soon
TL;DR Breakdown Chainlink price analysis is bullish today. LINK/USD is presently at $25.6. LINK will spike higher today. The Chainlink price forecast is bright right now because we anticipate the $26 local resistance to be broken soon after a clear higher low was established around $25 overnight. The LINK/USD pair has risen recently, suggesting that […]
Ripple Price Analysis: XRP breaks previous low at $0.75, ready to retrace today?
TL;DR Breakdown Ripple price analysis is bullish today. XRP/USD broke past the previous low this morning. Rejection for further downside at $0.74. Ripple price analysis is bullish today as we have seen rejection for further downside over the last hours after a strong spike lower earlier. Therefore, XRP/USD has likely peaked and will retrace some […]
Bithumb set to float NFT marketplace
TL; DR Breakdown Bithumb plans to float NFT marketplace Partnership issues generate buzz The exchange wants to rival other exchanges across Korea The activities of the NFT sector have become something that can no longer be ignored across the crypto industry. With more than traders entering the sector, exchanges and other entities are building marketplaces. […]
Solana Price Analysis: SOL/USD bearish for the next 24 hours
TL;DR Breakdown Solana price analysis is bearish today. Strong resistance present at $182 Solana trading price is $143 Today, the Solana analysis is bearish because we expect the weary bulls to continue battling for control of the market. On the other hand, the bears will be in power and control for a while. Solana price […]
Bitcoin, Ethereum, Cardano, Terra Daily Price Analyses – 17 January Roundup
TL;DR Breakdown Global crypto market cap drops to $2.00 trillion. Bitcoin sheds over 1.70% and inches closer to $42,000. Ethereum lingers around $3,200 amid a recent dip. Cardano stands out with over 8% gains; Bitcoin Cash and IOTA also progress. Terra sheds majorly in a blood-soaked altcoin market. The global economic structure is a mix […]
Michael Saylor impersonated to run giveaway scam
TL;DR Breakdown Michael Saylor impersonated to run giveaway scam. Saylor says he has reported over 500 fake addresses but they keep coming up. Chief Executive Officer of Business intelligence firm MicroStrategy’ Michael Saylor has been impersonated to run a fake crypto giveaway scam. They garnered over $1m in Bitcoin with the operation. The scam comes […]
Binance partner Thai billionaire to float exchange in Thailand
TL;DR Breakdown Binance to float exchange in Thailand. Exchange entry to Thailand to provide financial inclusion for scores of locals. Binance exchange, in partnership with the Gulf Energy Development PCL – owned by the Thai billionaire Sarath Ratanavadi has partnered to float a cryptocurrency exchange in Thailand. According to Bloomberg, the new local exchange emanates […]
Bitcoin, Ethereum, Cardano, Minereum, MiniTesla Daily Price Analyses – 17 January Morning Prediction
TL;DR Breakdown Bitcoin splurges down further, indicating a lack of stability Ethereum fluctuates after enjoying a steady start of the week Cardano gained over 5.49%, soars higher than earlier Minereum is up by 315.72%, making its way into the market The cryptocurrency industry has gained popularity and acceptance worldwide since its inception in 2008. People […]
Bitcoin Price Analysis: BTC retraces again, ready to reverse above $42,500?
TL;DR Breakdown Bitcoin price analysis is bullish today. BTC/USD peaked below $44,000 yesterday. Support at $42,500 currently tested. Bitcoin price analysis is bullish today as we expect reversal from the $42,500 support after a very slow retracement. Therefore, BTC/USD has established another higher low and will likely soon begin to push higher again. The market […]
Ethereum Price Analysis: ETH retests $3,250 support again, will it break?
TL;DR Breakdown Ethereum price analysis is bullish today. ETH/USD retested $3,250 support. Slight rejection for downside currently seen. Ethereum price analysis is bullish today as we expect the current retest of the previous support level to end with a move higher. Therefore, ETH/USD should see more upside over the next 24 hours, likely leading to […]
ICYMI: Top 5 NFTs news weekly recap
The NFTs market has a great start this year following new project releases and increases in sales volume for different collections, including the Bored Ape Yacht Club (BAYC). Much exciting news went by this past week, and below are the top highlights you probably missed. OpenSea records $3.3 billion in January Opensea still has its […]
Bitcoin, Ethereum, Uniswap, Kusama Daily Price Analyses – 16 January Roundup
TL;DR Breakdown Bitcoin slid below $43,000, indicating weak momentum. Ethereum starts the new week at over $3,300. Cosmos gained over 10%, as Fantom, Decentraland, and BitTorrent also record gains. Kusama sheds over 7%, Polkadot and the Curve DAO Token also bleed. The cryptocurrency market has gained relevance and recognition from all around the world. People […]
Walmart is planning to enter the metaverse with its own crypto and NFTs
TL;DR Breakdown Walmart is planning to launch its own digital tokens and assets. The company has filed several trademark applications with the USPTO. Major retailers are planning early to enter the metaverse and crypto space. American retail chain Walmart is preparing to enter the metaverse by creating its own NFT collections and cryptocurrency. This information […]
Francis Ngannou, UFC star to take next fight pay in Bitcoin
TL;DR Breakdown UFC Star Francis Ngannou set to receive next paycheck in Bitcoin. Athlete joins many others sportsmen who now get paid in Bitcoin. Popular mixed martial fighter and Ultimate Fighting Championship (UFC) star Francis Ngannou has joined the list of sports professionals receiving their paychecks in Bitcoin. The Cameroonian fighter said this on Friday, […]
Bitcoin, Ethereum, Axie Infinity, Internet Computer Daily Price Analyses – 16 January Morning Prediction
TL;DR Breakdown Bitcoin moves past $43,300 after gaining 0.50% since the last day. Ethereum stays above $3,300 after gaining over 7% in one week. Axie Infinity gains double-figure percentages in the last 24 hours; Fantom and Cardano also post green candles. Internet Computer lost over 6.60%, Dogecoin and Elrond also shed their previous gains. It […]
Bitcoin Price Analysis: BTC retests support at $42,500, ready to break higher?
TL;DR Breakdown Bitcoin price analysis is bullish today. BTC/USD retested $42,500 support. Clear higher low established. Bitcoin price analysis is bullish today as we expect the current higher low above $42,500 to result in another push higher over the next 24 hours. Likely BTC/USD will finally break the $44,000 major resistance and set another strong […]
Ethereum Price Analysis: ETH ready to test $3,500?
TL;DR Breakdown Ethereum price analysis is bullish today. ETH/USD still consolidates above $3,300. Bullish momentum is slowly returning. Ethereum price analysis is bullish today as no further downside was seen after consolidation above $3,300 over the last 24 hours. Therefore, we expect ETH/USD to break higher early next week and target the $3,500 next resistance. […]
Polkadot Price Analysis: DOT continues higher, resistance found at $28.5?
TL;DR Breakdown Polkadot price analysis is bearish today. DOT/USD found resistance at $28.5. Consolidation has been seen since midnight. Polkadot price analysis is bearish today as we expect reversal from the $28.5 resistance to follow after consolidation since yesterday. Likely DOT/USD will retrace and look to set a higher low next. The crypto market has […]
Chainlink Price Analysis: LINK sets higher low at $25, ready to break higher?
TL;DR Breakdown Chainlink price analysis is bullish today. LINK/USD set a higher low at $25 yesterday. Buying pressure returned overnight. Chainlink price analysis is bullish today as we expect the $26 local resistance to be broken soon after a clear higher low was set around $25 overnight. Since then, LINK/USD has started to push higher, […]
Coinbase vs Exodus: Which is a better crypto wallet?
Web-based wallets allow you to store, send, and receive cryptocurrency without the need for a physical device. It is practical and reasonably trustworthy, but its security issues. Some cryptocurrency exchanges have their wallets, such as Coinbase. In general, if you wish to keep a significant amount of money in digital currency, you should have total […]
Bitcoin, Ethereum, Terra, Dogecoin Daily Price Analyses – 15 January Roundup
TL;DR Breakdown Bitcoin drops below $43,000 as the rest of the market turns slightly green. Ethereum gains 0.20% to cross the $3,300 level. Terra gains over 6% within the last 24 hours; Cardano, Uniswap, and PancakeSwap also progress. Dogecoin loses around 5.94%, Monero, Chainlink, and the Near Protocol also shed value. With the advent of […]
Bank of America endorse Solana
TL;DR Breakdown Bank of America analyst endorses Solana. Analyst says Solana is in line to be Ethereum killer. FTX CEO says Solana could be next BTC. Alkesh Shah, an analyst at Bank of America, has passed a vote of confidence on the supposed ‘Ethereum killer’ Solana. The Bank of America analyst in a recent publication […]
Bitcoin Price Analysis: BTC retests $42,500 as support, prepares to spike higher?
TL;DR Breakdown Bitcoin price analysis is bullish today. BTC/USD consolidated overnight. Slight [pullback seen today to $42,500. Bitcoin price analysis is bullish today as another local higher low has been set over the past hours. Therefore, we expect BTC/USD to push higher again later today and look to clear the $44,000 resistance. The crypto market […]
Bitcoin, Ethereum, Cardano, and Polygon MATIC Daily Price Analyses – 15 January Morning Price Prediction
TL;DR Breakdown The global crypto market continues in a bullish mood as it has gained 2.90% in the last 24 hours. The gains for bitcoin continue, as it adds 2.43% in the last 24 hours. Ethereum, following the footsteps of bitcoin, has added 3.38% in the last 24 hours. Cardano and Polygon MATIC have also […]
Ethereum Price Analysis: ETH moves higher, targets $3.500 next?
TL;DR Breakdown Ethereum price analysis is bullish today. ETH/USD found support at $3,200 yesterday. A quick retest of $3,250 as support is seen currently. Ethereum price analysis is bullish today as we expect more upside to follow after rejection from the $3,200 mark was seen yesterday. Therefore, ETH/USD is likely ready to break higher and […]
