AP launches NFT market for photographs on Polygon
TL;DR Breakdown AP joins NFT bandwagon with its polygon NFT market. NFT market to trade collections of photojournalist to fund AP’s activities. AP already looking at NFT before now. American news wire agency Associated Press (AP) has jumped on the non-fungible tokens (NFTs) trend as it announced the launch of its own NFT market to […]
Chainlink Price Analysis: LINK peaks at $28.65 again, headed lower today?
TL;DR Breakdown Chainlink price analysis is bearish today. LINK/USD saw another rejection at the previous high. Selling pressure has returned overnight. Chainlink price analysis is bearish today as we expect the market to decline again today after the $28.65 previous high was retested. Since selling pressure quickly returned, we assume LINK/USD will look to set […]
Ripple Price Analysis: XRP sets another lower high at $0.755, more downside to follow?
TL;DR Breakdown Ripple price analysis is bearish today. XRP/USD retraced previous loss overnight. Another lower high set. Ripple price analysis is bearish today as we saw a lower high set at $0.755 after retracement from the previous low. Likely XRP/USD is now ready to test the downside again, with the $0.72 mark as the closest […]
Dogecoin price analysis: DOGE/USD to dip further below $0.140
TL;DR Breakdown Dogecoin price analysis is bearish. DOGE/USD pair trades negatively today. Dogeusd is currently trading at $0.1442. Dogecoin price analysis is currently trading at $0.1444, a decrease of 0.07% from yesterday’s price of $0.1535. This emphasizes the bearish trend of the DOGE/USD pair, a continuation of which can be expected today as well after […]
Binance Coin price analysis: BNB/USD set to surpass intraday highs at $440.45
TL;DR Breakdown Binance Coin price analysis is bullish today. BNB/USD trades in mixed reactions. Support was found at $415. The daily Binance coin price analysis picked off while the bulls dominated the market, causing a price surge. However, the bullish momentum was cut short by mighty sellers who had prepared to bring down BNB/USD pair. […]
Bitcoin, Ethereum, Algorand, Internet Computer Coin Daily Price Analyses – 10 January Roundup
TL;DR Breakdown Positive progress for the global crypto market is seen, as the losses reduce to 0.53%. Bitcoin gained 0.48% in 24 hours, performing better than previous days. Ethereum’s losses continue losses 1.37% in 24 hours. Algorand and Internet Computer both going in a positive direction, add 2.74% and 1.70% in 24 hours. The market […]
Binance CEO Zhao becomes richest crypto billionaire
TL;DR Breakdown: Changpeng Zhao officially becomes richest crypto billionaire. Zhao is expected to rank among top 10 richest billionaire’s in the near future. Changpeng Zhao, Binance Exchange CEO, has officially become the wealthiest crypto billionaire in the world. According to Bloomberg, Zhao is worth $96 billion, making him worth more than Indian business mogul Mukesh […]
British Museum and LaCollection join forces to sell 20 NFT paintings by J.M.W
TL;DR Breakdown • The NFT trading platform will publish a collection of romantic art in February.• LaCollection shows how the 20 NFT pieces inspired by J.M.W.’s art will be distributed. After LaCollection gained priority in the NFT trade with the piece titled “Katsushika Hokusai,” not surprisingly, the crypto platform made its debut again. The partnership […]
BUX to introduce crypto investing through its flagship app
TL;DR Breakdown Leading European investment app introduces crypto investment features. BUX Zero app users will now be able to invest and trade 20+ cryptocurrencies in Europe. The company’s CEO believes that Bitcion will help to hedge against the emerging global economic crisis. BUX, one of the fastest-growing stockbrokers in Europe is introducing crypto investment features […]
Gemini vs. Coinbase: Which has more advanced features?
Cryptocurrencies have been all the rage in recent years. And this frenzy has no way of dying down anytime soon. As cryptocurrency enters the mainstream and becomes adopted by everyday companies, more and more people are looking to get into the crypto space. The crypto market continues to appeal to both novice and institutional investors […]
Bitcoin Price Analysis: BTC briefly spikes below $40,000, quick recovery to follow?
TL;DR Breakdown Bitcoin price analysis is bullish today. BTC/USD spiked below $40,000. Market has since returned above $41,000. Bitcoin price analysis is bullish today as we saw strong rejection of further downside after a quick spike below the $40,000 major support level. Therefore, we expect BTC/USD to likely have set a new swing low, and […]
Bitcoin, Binance Coin, Cardano, and Chainlink Daily Price Analyses – 10 January Morning Prediction
TL;DR Breakdown The global market cap experiences another dip loses 0.36% in 24 hours. Bitcoin continues to lose as the momentum breaks again, losing 0.41%. Binance coin going in the positive direction gains 0.09% in 24 hours. Cardano and Chainlink follow the market’s bearish trend, losing 0.58% and 0.79%, respectively. The market seems to continue […]
Vechain price analysis: VET heads down to $0.072 as price takes a downturn
TL;DR Breakdown The Vechain price analysis is bearish today. Support for VET/USD is present at $0.070. Resistance is found at $0.078. The Vechain price analysis is bearish as it shows VET/USD value has been reduced up to $0.072 today, as the bears have been availing chances for dominating the price function. The past week had […]
Ethereum Price Analysis: ETH sets lower high at $3,200, set to drop again
TL;DR Breakdown Ethereum price analysis is bearish today. ETH/USD peaked at $3,200 yesterday. Next target at $2,950 major support. Ethereum price analysis is bearish today as we saw a lower high set over the last 24 hours and selling pressure return. Therefore, we expect ETH/USD to decline further and potentially test the $2,950 support next. […]
Solana Price Analysis: SOL continues to consolidate, break higher to follow?
TL;DR Breakdown Solana price analysis is bullish today. SOL/USD still holds below $148. Slightly higher lows were set yesterday. Solana price analysis is bullish today as we expect the current consolidation to end with a break higher. Likely, SOL/USD will move past the $148 local resistance and look to finally retrace the previous loss. The […]
Cardano Price Analysis: ADA retests $1.20, continues to consolidate
TL;DR Breakdown Cardano price analysis is bullish today. ADA/USD saw a quick test of $1.2 previous support yesterday. Support at $1.15 is still strong. Cardano price analysis is bullish today as we expect more upside to follow after initial rejection of the$1.20 mark. Likely ADA/USD will consolidate further before another push higher begins. The market […]
Bitcoin, Ethereum, Avalanche, Polygon MATIC Daily Price Analyses – 9 January Roundup
TL;DR Breakdown Global market changes mood to bullish, adds 0.13% in 24 hours. Bitcoin is trying to steady its position as losses grow smaller to 0.28% in 24 hours. Ethereum gradually turns its mood bullish, adding 0.55% in 24 hours. Avalanche and Polygon continue their journey ahead, adding 3.61% and4.15%, respectively. The key indicators for […]
Mystery around Binance exchange, why investors may need to be ‘worried’
TL;DR Breakdown Binance exchange lack of physical appearance is a problem. Nobody knows City where executives of the exchange live. Lawyer alleges the mystery is for exchange to avoid regulators and litigation. Binance may be planning to establish a headquarter now. Number one crypto exchange by market capitalization, Binance exchange is yet to establish its […]
Bitcoin, Ethereum, Terra, Near Protocol Daily Price Analyses – 9 January Morning Prediction
TL;DR Breakdown Bitcoin loses 0.80% to reach $41,600. Ethereum stays below $3,200 as the dominance of the leading altcoin decreases. Terra and Chainlink turn slightly green in an overall bear market. Near Protocol posts significant losses; Cardano, Fantom, and Gala also shed previous gains. The cryptocurrency sector has revolutionized the global economic structure. Its usability […]
Bitcoin cash price analysis: BCH struggles at $611.4 after a bearish slide
TL;DR Breakdown The price is now touching $611.36. Bitcoin cash price analysis shows bullish recovery. Support is strong at $529 for the day. The latest Bitcoin cash price analysis shows that the bulls are trying to make a comeback once again. The price has improved up to $611.36 in the last 24-hours which is quite […]
Bitcoin Price Analysis: BTC retests $41,000, prepares for a reversal?
TL;DR Breakdown Bitcoin price analysis is bullish today. BTC/USD retested the previous low yesterday. Resistance at $42,500 still holds. Bitcoin price analysis is bullish today as we expect more recovery to follow after the second test of the $41,000 support. BTC/USD has started to form consolidation, likely leading to retracement next week. The market has […]
Ethereum Price Analysis: ETH briefly tests $3,000, more downside to follow?
TL;DR Breakdown Ethereum price analysis is bearish today. ETH/USD found further lows at $3,000. Slight reaction higher seen today. Ethereum price analysis is bearish as we expect another push lower to follow the slight recovery seen today. Therefore, ETH/USD will likely move to test the $3,000 mark as the bearish momentum is still strong overall. […]
Avalanche Price Analysis: AVAX drops another 10 percent, find support at $80
TL;DR Breakdown Avalanche price analysis is bullish today. AVAX/USD drops to $80. Reaction higher seen overnight. Avalanche price analysis is bullish today as we expect a retracement to follow after another quick drop of 10 percent was seen yesterday. AVAX/USD found support at $80 and has moved into a retracement since, which should continue later […]
Ripple Price Analysis: XRP retests $0.72, reversal incoming?
TL;DR Breakdown Ripple price analysis is bullish today. XRP/USD retested the previous low at $0.72 with rejection. Closest resistance at $0.78. Ripple price analysis is bullish today as we expect recovery after a rejection of further downside yesterday. Likely XRP/USD will now look to set a higher low and attempt to break higher from there. […]
Bitcoin, Ethereum, Helium, and UNUS SED LEO Daily Price Analysis – 8 January Roundup
TL;DR Breakdown Bitcoin retests the $41,000 level, currently trades at $41.9K Ethereum continues its fall with a further 3.80% decrease Helium records a loss of 11.50%, while the rest of the market bleeds significantly. LEO posts a gain of 5%, ICP, ONE, and KLAY also manage to stay green. The cryptocurrency industry is among the […]
PayPal executive reveals firm is working to develop stablecoin
TL;DR Breakdown PayPal working on developing a stablecoin Coin to be backed by USD. Executive says the purpose of the stablecoin is to make payment. Global payment mammoth PayPal has said that it is working on launching its own cryptocurrency – a stablecoin. “We are exploring a stablecoin; if and when we seek to move […]
Cryptopia recovers assets after $24 million theft hack
TL;DR Breakdown • Cryptopia had a violent cyber-attack in 2019.• The exchange has paid out more than $15 million in research. Cryptopia, a crypto company located in Christchurch, New Zealand, experienced one of the largest thefts in the crypto industry last January 2019. After this robbery, the exchange lost more than $24 million worth of […]
Algorand price analysis: Price backslides to $1.35 as bears retain their lead
TL;DR Breakdown The Algorand price analysis is bearish today. Support for ALGO is present at $1.21. The resistance is found at $1.39. The Algorand price analysis reveals that the price has been following a downward movement for the past few days, as the bears have constantly been striving for lead, and the bearish pressure weighs […]
Bitcoin, Ethereum, Cosmos, Internet Computer Daily Price Analyses – 8 January Morning Prediction
TL;DR Breakdown Bitcoin stays below $42,000 as the global crypto market cap plunges below $2 Trillion. Ethereum moves around $3,200, losing 0.80% in the last 24 hours. Cosmos sheds almost 13%, as Fantom, Helium, and Hedera lose over 7%. Internet Computer stands out with over 8% in gains, Aave and Solana also turn green. The […]
NuCypher Price Prediction 2022-2031: Is NuCypher a Good Investment?
Despite the overall market downturn, many of the more optimistic investors continue to believe in the NuCypher project, pointing out that it is a young effort with solid foundations and a lot of promise. The latest tweet from the NuCypher network is about the voting on Curve Finance. Another tweet is about the new additions […]
Bitcoin Price Analysis: BTC reacts from $41,000, more upside today?
TL;DR Breakdown Bitcoin price analysis is bullish today. BTC/USD found support at $41,000 yesterday. Slight reaction higher seen today. Bitcoin price analysis is bullish today as the market likely prepares further after reaction from the $41,000 support. Potentially we will see BTC/USD retest previous support around $44,000 as resistance next. The cryptocurrency market has seen […]
Ethereum Price Analysis: ETH drops another 10 percent, finds support at $3,100
TL;DR Breakdown Ethereum price analysis is bullish today. ETH/USD saw a reaction higher at $3,000. Slow retracement was seen overnight. Ethereum price analysis is bullish today as we expect further recovery after a sharp drop yesterday took the market to $3,100. Likely bears are finally exhausted, and ETH/USD is now ready to retrace. The market […]
Celo price analysis: CELO to retest $4.92 resistance after an upturn
TL;DR Breakdown The Celo price analysis is bullish today. Resistance is present at $4.92. Support for CELO is present at the $4.76 level. The Celo price analysis reveals bulls are trying to take the price higher following a downtrend for the past three days. Celo is recovering from yesterday’s loss when the price went down […]
Polkadot Price Analysis: DOT fails to break $24, begins to consolidate
TL;DR Breakdown Polkadot price analysis is bullish today. DOT/USD continues consolidating overnight. Resistance at $26 tested again. Polkadot price analysis is bullish today as we expect more upside to follow after the $24.5 mark reversed the previous decline. Likely, DOT/USD will move to break above $26 next and retrace the loss seen earlier this week. […]
Dogecoin Price Analysis: DOGE rejects further downside at $0.15, market prepares to retrace?
TL;DR Breakdown Dogecoin price analysis is bullish today. DOGE/USD set higher low yesterday. Upside tested again overnight. Dogecoin price analysis is bullish today as we expect further recovery for the market after a higher low was set at $0.15. Likely, DOGE/USD is ready to retrace even higher, with the next resistance seen at $0.166 previous […]
Ripple Price Analysis: XRP consolidates around $0.76, another test of downside today?
TL;DR Breakdown Ripple price analysis is bearish today. XRP/USD set another lower high overnight. Consolidation around $0.76 is likely to continue. Ripple price analysis is bearish today as we expect another test of downside after a lower high was set overnight. XRP/USD will likely move to set another higher low and continue the current consolidation. […]
Chainlink Price Analysis: LINK/USD to break past the $29.3 resistance
TL;DR Breakdown Chainlink price analysis is bullish today. LINK/USD pair is trading at $26.77. Resistance is found at $29.3. Chainlink’s price is continuing to climb as the Chainlink price analysis reveals a further boost in the value of the price. The LINK/USD pair broke above $25.2 yesterday and has continued to rise today, with bulls […]
Bitcoin, Binance Coin, Chainlink, Polygon Matic Daily Price Analysis – 7 January Roundup
TL;DR Breakdown The recessive mood of the global crypto market continues, losing 3.02% in 24 hours. Bitcoin continues to recede; the losses for 24 hours amount to 2.44%. Binance coin couldn’t get back on track, lost 3.68%. While still in a recessive mood, Polygon MATIC depreciates 5.39%, while Chainlink gains 8.24%. The global crypto market […]
Mintverse aims to dominate in 2022 with new training platform update
TL;DR Breakdown • The NFT platform seeks to stand out from the competition.• Mintverse could reward its most frequent customers after updating its interface. Since 2022 began, a lot has been read about metaverse, NFT trading, and cryptocurrencies. Among this news is that Mintverse, one of the leading NFT merchants, is preparing to launch a […]
Bitsane vs Binance: Comparing crypto exchanges
Before delving further into some of today’s finest cryptocurrency exchanges, it’s critical first to recognize what a cryptocurrency exchange offers its consumers. Exchanges, as opposed to typical brokerage accounts, are distinct trading platform that uses blockchain technology and often provides crypto wallets to store your virtual money. In addition, unlike the stock market, crypto markets […]
