Dogecoin announces a roadmap for the first time in its history
TL;DR Breakdown Dogecoin foundation released a roadmap for the meme coin network. The roadmap includes plans for 8 new projects. Dogecoin.com website will go through a major redesign. Developers will launch GigaWallet, a read-to-deploy payment solution API for DOGE. Dogecoin, the original meme coin has published a roadmap today for the first time in its […]
German authorities sell crypto seized from drug deals
TL;DR Breakdown • The cryptocurrencies were seized in the state of Hesse in Germany.• The country in Europe closes the year with one of the largest amounts of crypto seized. Recently the law enforcement body in Germany sold around $ 113 million worth of crypto seized for illegal trafficking. The authority carried out the operation […]
Bitcoin, Binance Coin, Dogecoin, Chainlink Daily Price Analysis – 23 December Morning Price Prediction
TL;DR Breakdown An addition was seen in the value of the global market cap, as it gained 0.44% in the last 24 hours. Bitcoin gains 0.29%, regaining the losses that it had made recently. Binance Coin going through fluctuations, sees growth of 0.09% in the last 24 hours. Dogecoin and Chainlink also enjoy a bullish […]
Bitcoin Price Analysis: BTC slowly peaks at $49,500, needs another retracement?
TL;DR Breakdown Bitcoin price analysis is bearish today. BTC/USD set higher high at $49,500. Another retracement is likely to follow. Bitcoin price analysis is bearish today as we saw a steady advance over the past days end at the $49,500 mark yesterday. Likely BTC/USD will pull back again later this week to prepare for another […]
Dogecoin Price Analysis: DOGE rejects upside at $0.18 resistance, another push lower to follow?
TL;DR Breakdown Dogecoin price analysis is bearish today. DOGE/USD found resistance at $0.18. Rejection for further upside is currently seen. Dogecoin price analysis is bearish today as we expect another drop to follow after further upside was rejected today. Therefore, DOGE/USD will likely move for another test of $0.16 support. The cryptocurrency market has seen […]
Ethereum Price Analysis: ETH retraces to $3,900, ready to move higher again?
TL;DR Breakdown Ethereum price analysis is bullish today. ETH/USD saw retracement to $3,900 overnight. Higher high was previously set at $4,060. Ethereum price analysis is bullish today as we expect the $3,900 mark to reverse the market back to the upside. Therefore, ETH/USD should move to set further highs, with the closest resistance seen at […]
Cardano Price Analysis: ADA slowly consolidates above $1.3 previous high, more upside to follow?
TL;DR Breakdown Cardano price analysis is bullish today. ADA/USD set a higher high at $1.37 yesterday. Consolidation above $1.30 resistance seen since. Cardano price analysis is bullish today as we expect the current consolidation above $1.30 to result in a break higher over the next 24 hours. Likely ADA/USD will move to the $1.40 mark […]
Ripple Price Analysis: XRP swiftly tests $1 mark, more upside to follow?
TL;DR Breakdown Ripple price analysis is bullish today. XRP/USD saw further upside yesterday. Market spiked to $1 overnight. Ripple price analysis is bullish today as we expect more upside to follow as the momentum is still strong around the $1 mark. Therefore, XRP/USD could move to the $1.06 resistance next. The crypto market has seen […]
Bitcoin, Ethereum, Cardano, Polygon Daily Price Analysis – 22 December Roundup
TL;DR Breakdown Another liquidation in the market results in a 0.80% loss in the global market cap. Bitcoin has lost 2.12% in the last 24 hours, reversing its gains. Ethereum also follows bitcoin, which shed 2.38% in the last 24 hours. Cardano and Polygon continue to grow, adding 3.07% and 7.01%, respectively. The market is […]
Bitcoin, Ethereum, Binance, Near Protocol, Iota Price Analysis — 22 December Morning Prediction
TL;DR Breakdown Since yesterday, the global market cap has dropped slightly but still improved by 0.37%. Bitcoin grazes $49k, falls back after a 0.76% depreciation. Ethereum drops back to $3,950 after staying above $4,000 the whole night. Binance suffers a 0.22% loss, dropping to a $529.84 price. Near Protocol (NEAR) and Iota (MIOTA) are on […]
Terra (LUNA) keeps making new all-time highs: LUNA bound for $100
TL;DR Breakdown LUNA has recorded another ATH of $97.90. Terra’s TVL is 4 billion more than BSC, making it the 2nd largest DeFi network. The altcoins circulating supply has been cut by almost 30 million in a month. LUNA, the native coin of Terraform Labs is hitting new highs. The algorithmic altcoin is up by […]
VISA will allow users to spend crypto through partnerships
TL; DR Breakdown VISA will allow users to spend crypto through its partnerships The company has partnered with 60 crypto companies The payment company wants to launch its advisory service worldwide More users continue to relish the opportunity to own digital assets. This is because they serve other use cases asides from using it to […]
Bitcoin, Binance Coin, Shiba Inu, and Uniswap Daily Price Analysis – 21 December Roundup
TL;DR Breakdown The global crypto market has added 4.42% in the last 24 hours on its way to recovery. Bitcoin continues its journey ahead, gaining 4.76% in the last 24 hours. Binance Coin makes a comeback after prolonged depreciation, adding 2.38%. Shiba Inu and Uniswap, also bullish, gain 6.29% and 6.43%, respectively. The latest wave […]
Bitcoin Price Analysis: BTC rallies above $48,000, sets strong higher high
TL;DR Breakdown Bitcoin price analysis is bearish for today. BTC/USD set a strong higher high at $49,000. Selling pressure returned in the afternoon. Bitcoin price analysis is bearish today as we expect retracement to follow after a strong higher high was set at $49,000 today. Likely BTC/USD will retrace to set a higher low before […]
VeChain price analysis: VET rejected at $0.08200, bearish reversal to follow?
TL;DR Breakdown VeChain price analysis suggests downwards movement to $0.0800 The closest support level lies at $0.0800 VET faces resistance at the $0.0820 mark The VeChain price analysis shows that the bulls were able to find strong support at $18.20 that enabled the buyers to initiate a rally above the $0.0800 mark. While the price […]
Ethereum Price Analysis: ETH breaks out of consolidation, peaks at $4,060
TL;DR Breakdown Ethereum price analysis is bearish for today. ETH/USD saw a higher high finally set. Retracement is likely to follow towards $3,900. Ethereum price analysis is bearish today as we expect a retracement to follow after a strong break above the descending trendline. Therefore, ETH/USD will likely set another higher low next before continuing […]
Bitcoin, Ethereum, Helium, ThorChain Price Analysis — 21 December Morning Prediction
TL;DR Breakdown The global crypto market has increased by 5.17% in the last 24 hours. Bitcoin skyrockets back to $49k after seeing a 6.09% gain. Ethereum moves back above $4,000 after a 5.32% increase since yesterday. Top gainers Helium (HNT) and THORChain (RUNE) shoot up the ranks as their market caps expand. The crypto market […]
Dogecoin Price Analysis: DOGE rebounds from $0.16 support, looks to set another lower high?
TL;DR Breakdown Dogecoin price analysis is bearish today. DOGE/USD recovered to $0.17 today. Market likely to set another lower high. Dogecoin price analysis is bearish today as we expect another lower high to be set after a bounce from the $0.16 support. Therefore, DOGE/USD should move for another retest of the support later this week. […]
Cardano Price Analysis: ADA continues to consolidate above $1.2, breakout to follow soon?
TL;DR Breakdown Cardano price analysis is bullish today. ADA/USD retested the $1.20 support yesterday. Another test of upside is currently in progress. Cardano price analysis is bullish today as we saw the $1.20 support hold again. Therefore, ADA/USD is headed for another test of upside today, with the $1.30 mark being the closest resistance. The […]
BitMEX exchange launches its native token BMEX, set to airdrop some
TL;DR Breakdown BitMEX exchange launches BMX token. Coin to be used to reward users, grow ecosystem. Ex-BitMEX executives still have cases to answer in court. Top crypto derivative platform, BitMEX has joined Binance exchange and a host of other crypto firms to drop its own native crypto coin, BMEX. The exchange announced the launch of […]
Ripple Price Analysis: XRP rallies to $0.90, will the resistance hold?
TL;DR Breakdown Ripple price analysis is bearish today. XRP/USD moved for the second test of $0.90 resistance overnight. Slight rejection for further upside is currently seen. Ripple price analysis is bearish today as we expect the $0.90 mark to prevent further downside after a slight reaction lower was already seen today. Therefore, we assume XRP/USD […]
DOJ to return 3,879 Bitcoin bought with funds stolen from Sony
TL;DR Breakdown: The Department of Justice is set to return funds stolen from a Sony subsidiary in Japan. An employee of the company had diverted $154 million to buy Bitcoin. All the Bitcoins were confiscated following an investigation led by the FBI. The Department of Justice (DOJ) is on the course of returning about 3,879 […]
Why is YFI going up? 25% increase in one day
TL;DR Breakdown The new proposal of Yearn Governance to amend coin’s tokenomics has triggered a new bull run for YFI. Yearn Finance’s YFI token has gone up by 25 % in one day, taking the tally to over 100% in the last seven days. The proposal is yet to become eligible for passage, though its […]
Bitcoin, Ethereum, Avalanche, Polkadot Daily Price Analysis – 20 December Roundup
TL;DR Breakdown Market receding further, lost 0.48%, though bitcoin and Ethereum add gains. Bitcoin, on the positive side of the trajectory, gains 0.49%. Ethereum turns bullish, adding 0.18%, after a prolonged period of blows. Avalanche gains 4.79%, while Polkadot loses 3.19%. The global crypto market situation is uncertain because new changes occur daily. This December […]
NSAV prepares to present new crypto exchange backed by BSC
TL;DR Breakdown • Crypto company NSAV to launch its new crypto platform on December 23, 2021.• The exchange will offer various crypto solutions, fast transactions, and security in operations. NSAV, a technology company that supports the growing crypto market from the United Kingdom, announced that it is prepared to expand its operations in search of […]
1inch reaches 1 million users on the Ethereum network
TL;DR Breakdown 1inch crossed over 1 million users today. The DEX aggregator also crossed $110 billion in trading volume yesterday. The network’s recent V2 upgrade enabled gasless token swaps on Ethereum. The DEX aggregator platform 1inch has crossed over 1 million users today on the Ethereum blockchain. Earlier this month, 1inch raised $175 million in […]
Binance Coin price analysis: Can the bulls defend $500 support?
TL:DR Breakdown Binance Coin price analysis suggests downwards movement The closest support level lies at $510 BNB faces resistance at the $530 mark The Binance Coin price analysis shows that the bulls have been able to defend the $510 support for more than 24-hours but the selling pressure still weighs on the asset’s price action […]
Bitcoin, Binance Coin, Cardano, and Shiba Inu Daily Price Analysis – 20 December Morning Prediction
TL;DR Breakdown The global crypto market is still in trouble, lost 2.56% in the last 24 hours. Bitcoin’s free fall continues; the depreciation in the last 24 hours amounted to 2.19%. Binance Coin, like bitcoin, is going in the reverse direction, losing 3.74%. Cardano and Shiba Inu are also part of the depreciating bandwagon. The […]
Ethereum Price Analysis: ETH sets another higher low at $3,800, break higher to follow?
TL;DR Breakdown Ethereum price analysis is bullish today. ETH/USD set another high low today. The consolidation range continues to tighten. Ethereum price analysis is bullish today as we saw another higher low set this morning. Therefore, we expect to see ETH/USD break higher later in the week and finally break a higher high. The market […]
Chainlink price analysis: Link corrects at $18, losing 6.2 percent value
TL;DR Breakdown Chainlink price analysis shows bearish price action today. Support for LINK is present at $16.7. Resistance is found at $19.5. The Chainlink price analysis is on the bearish side as the price has been reduced further. LINK has been under constant pressure since yesterday as the trend has remained downwards continuously for the […]
Avalanche Price Analysis: AVAX peaks at $117.4, moves into a strong retracement?
TL;DR Breakdown Avalanche price analysis is bearish today. AVAX/USD set a new higher high at $117.4. Bearish momentum returned yesterday. Avalanche price analysis is bearish today as we expect the current retracement to continue later today. Likely AVAX/USD will retrace even further as the market previously gained around 55 percent in a couple of days. […]
Dogecoin Price Analysis: DOGE moving to retest $0.16 again, will the support hold?
TL;DR Breakdown Dogecoin price analysis is bullish today. DOGE/USD saw another decline overnight. Support at $0.16 currently tested. Dogecoin price analysis is bullish today as we expect the $0.16 mark to prevent further downside. Likely, DOGE/USD will reject higher later today, moving towards the previous high next. The cryptocurrency market has seen a bearish momentum […]
Ripple Price Analysis: XRP/USD is bearish for the next 24 hours
TL;DR Breakdown Ripple price analysis is bearish today. XRP/USD currently trading at $0.8702. Bullish momentum is still weak. Ripple price analysis is bearish today as the $0.85 resistance appears to be reversing the market once again. As a result, XRP/USD should hold sideways for the next several days. From a technical standpoint, Ripple price analysis […]
Polkadot Price Analysis: DOT/USD is bearish for the next 24 hours
TL;DR Breakdown Polkadot price analysis is bullish today. DOT/USD is trading at $24.3. A slow move higher was seen overnight. Today’s Polkadot price prediction is favorable, as we expect there to be more retracement following the previous advance lower after support was found at $24 once again. As a result, DOT/USD will likely extend its […]
VeChain Price Analysis: VET/USD set to break above $0.088 resistance
TL;DR Breakdown VeChain price analysis is bullish today. VET/USD is currently trading at $0.0791. Closest resistance at $0.088. The current VeChain price is bearish, as we anticipated further gains to come after a solid rise yesterday. Bulls are likely to attempt to break a higher high the following week around $0.088. VeChain price analysis is […]
Bitcoin, Ethereum, Terra, Chainlink Daily Price Analysis – 19 December Roundup
TL;DR Breakdown The recessive mood persists, the market loses 0.02% in the last 24 hours. Bitcoin gains 0.21%, currently trying to steady itself at the $46.85K range. Ethereum shows signs of growth, adding 0.48% in the last 24 hours. Terra LUNA is on its way to adding further gains, adding 6.33% in the last 24 […]
Crypto regulation: Indian minister wants to block crypto against illegal use
TL; DR Breakdown Minister wants a crypto regulation to block illegal use of crypto Lekhi is wary of attacks against India India continues to deliberate on crypto regulation Over the last few months, India has been involved in some turmoil regarding crypto regulation. While some entities are pushing for an outright ban of the assets, […]
Solana price analysis: SOL climbs above $180, can the bulls breach $200?
TL:DR Breakdown Solana price analysis suggests upwards movement The closest support level lies at $180.00 SOL faces resistance at the $190 mark The Solana price analysis shows that the bulls have finally broken above the $180.00 resistance level. The market sentiment is highly bullish for the asset as traders expect a return to the $200 […]
Bitcoin, Ethereum, Binance, Arweave, Hedera Price Analysis — 19 December Morning Prediction
TL;DR Breakdown Global market cap drops by a fraction after a 0.03% efflux overtakes the market. Bitcoin’s market cap drops billions after a 0.09% depreciation. Ethereum drops back to $3,900 after grazing $4,000. Binance tries to cling to its $533.58 price as market values drop slowly. Sole gainers Arweave (AR) and Hedera (HBAR) show green […]
Bitcoin Price Analysis: BTC finds support at $46,000, looks to set another lower high
TL;DR Breakdown Bitcoin price analysis is bullish today. BTC/USD found support at $46,000 yesterday. Market slowly moves towards previous high. Bitcoin price analysis is bullish today as we expect more upside to follow after the $46,000 support reversed the market again. Therefore, BTC/USD is likely to set another lower high next. The cryptocurrency market has […]
