Argo becomes the first climate-positive crypto company in the market
TL;DR Breakdown • Argo will participate in the UNFCCC plan to avoid greenhouse gas emissions from crypto mining farms.• The Bitcoin mining company tries to motivate other agencies to avoid GHG emissions. Leading Blockchain technology company Argo announces that it is the first climate positive crypto company in the market. This is due to the […]
Bitpanda raised $263 million in a new round of funding
TL;DR Breakdown • Bitpanda’s crypto platform could make significant gains before the end of the year.• Crypto exchange ends business financing with $4.1 billion in profit. Cryptocurrency exchange Bitpanda was trending a few hours ago for raising $263 million in a new round of funding. This increase gives the exchange a value of $4.1 billion, […]
Dogecoin Price Analysis: DOGE targets new highs after a spike to $0.31 support?
TL;DR Breakdown Dogecoin price analysis indicates bullish momentum to follow today. DOGE/USD found support around $0.31 yesterday. Dogecoin is ready to push to $0.375 next. Dogecoin price analysis is bullish for today as a new higher low was established yesterday with a quick spike and rejection to the $0.31 mark. Therefore, we expect DOGE/USD to […]
Bitcoin Price Analysis: BTC fails to breach $48,000 again, set for a reversal to $42,000?
TL;DR Breakdown Bitcoin price analysis indicates bearish momentum to follow. BTC/USD failed to breach $48,000 yesterday. Bitcoin set a slightly lower low overnight. Bitcoin price analysis is bearish for today as the market lacks momentum to break through the $48,000 mark and has set a slightly lower low overnight. Therefore, we assume BTC/USD is headed […]
Ethereum Price Analysis: ETH ready to break $3,300 after a retest of $3,100 support?
TL;DR Breakdown Ethereum price analysis is bullish for today. ETH/USD retested previous support yesterday. ETH rallies back to $3,300 previous high. Ethereum price analysis is bullish for today as the previous low of around $3,100 was retested yesterday and reversal was seen overnight. Therefore, we expect ETH/USD to trade higher today and look to finally […]
Ripple Price Analysis: XRP rejects further downside above $1.10, ready to rally today?
TL;DR Breakdown Ripple price analysis indicates bullish momentum to take over today. XRP/USD retraced to retest $1.10 mark. XRP rejects further upside. Ripple price analysis is bullish today as the market retraced over the last 24 hours to retest the $1.10 previous resistance as support. Therefore, we expect XRP/USD to rally higher today and start […]
Cardano Price Analysis: ADA slowly consolidates above $2, prepares to rally today?
TL;DR Breakdown Cardano price analysis is bullish for today. ADA/USD continued to consolidate above the $2 mark overnight. ADA is set to target $2.4 next. Cardano price analysis is bullish for today as a strong base from which to rally has been established above the $2 mark. Therefore, we expect ADA/USD to reverse again and […]
VeChain Price Analysis: VET retraces to $0.125, set to reach further highs?
TL;DR Breakdown VeChain price analysis is bullish for today. VET/USD retraced yesterday with support found around $0.125. VET prepares for another rally. VeChain price analysis is bullish for today as the market retraced over the past 24 hours and established another higher low, around $0.125. Therefore, we expect VET/USD to start moving higher later today […]
EOS price analysis: EOS/USD at $5.49 as bullish momentum takes over
TL;DR Breakdown EOS price analysis shows bearish momentum as the resistance drops to $5.493. Support is found at the $4.81 price value. EOS price analysis shows surprising results in today’s charts. From the 1-day and 4-hours EOS price analysis, strong bearish momentum has been found, despite the bulls being at the upper hand previously. The […]
Monero price analysis: Bears push XMR to $271.43
TL;DR Breakdown Monero price analysis shows bearish momentum interrupted bullish trend. Monero price analysis shows a resistance level of $279.43. Support may go lower than $261.21, if bears continue to rule. The latest Monero price analysis is showing us a bearish momentum, with the price levels dropping to a level of $271. The weekly ratio […]
Bitcoin Price Analysis: BTC fails to breach $48,000, returns towards previous low
TL;DR Breakdown Bitcoin price analysis indicates bearish momentum to follow today. BTC/USD rallied towards $48,000 previous high overnight. Market price failed to move any higher. Bitcoin price analysis is bearish for today as the $48,000 resistance prevented further upside once more. Therefore, we assume BTC/USD will retrace back towards the previous low and set a […]
Bullish: Ethereum balance on exchanges drop to 2-year low
TL;DR Breakdown: Ethereum balances on exchanges have declined to a 2-year low of 15.3 million ETH. Both small and large ETH addresses have been accumulating and moving coins off exchanges. Led by altcoins, the cryptocurrency market has returned to a $2 trillion valuation after the mid-April crash. This recovery is probably spurred by the new […]
Ethereum Price Analysis: ETH fails to move above $3,300, another retracement today?
TL;DR Breakdown ETH/USD rallied overnight. Ethereum price fails to move past $3,300. ETH is set to retest the previous low of around $3,100. Ethereum price analysis is bearish for the next 24 hours as the market still fails to reach further highs above the $3,300 mark. Therefore, we expect ETH/USD to retrace and retest the […]
Solana becomes 11th largest crypto, prints 133% gain in 30 days
TL;DR Breakdown: The price of Solana reached a new all-time high of over $64 early Monday, representing over 133 percent 30-day increase. SOL is currently the 11th largest crypto with over $17 billion market capitalization. The native cryptocurrency of the Solana blockchain (SOL) is unarguably one of the undervalued digital currencies that isn’t receiving mainstream […]
Solana Price Analysis: SOL swiftly spikes to a new all-time high at $64.8
TL;DR Breakdown Solana price has seen rapid advance over the past 24 hours. The previous all-time high at $58 was broken. SOL/USD is likely to retrace later today. Solana price analysis is bullish today as the previous all-time high at the $58 mark was breached today. Since then, SOL/USD has continued to gain ground and […]
Polkadot Price Analysis: DOT breaks through $24, rapidly moves to $26 next
TL;DR Breakdown Polkadot price analysis indicates strong bullish momentum to follow. DOT/USD started pushing higher overnight. DOT broke past the $24 resistance earlier today. Polkadot price analysis is bullish for today as bulls started to push the market higher overnight, and the $24 resistance was breached earlier today. Therefore, we expect DOT/USD to advance further […]
Litecoin Price Analysis: LTC breaks previous high, targets $200 next?
TL;DR Breakdown Litecoin price analysis indicates further upside to be seen today. LTC/USD consolidated around $180 overnight. Higher low and support established at $176. Litecoin price analysis is bullish for today as we can see bulls pushing higher today after a consolidation yesterday. Therefore, we expect LTC/USD to target the $200 mark next. The cryptocurrency […]
Binance Coin price analysis: Can BNB break above to $450
TL;DR Breakdown Binance Coin price is expected to fall back to $400 support before rising towards $450 The closest support level lies at $410 BNB faces resistance at the $430 mark The Binance Coin price found support at the $400 price level yesterday, which enabled the buyers to gather momentum to break past the $420 […]
Ripple Price Analysis: XRP slowly consolidates below $1.30, set to retrace today?
TL;DR Breakdown Ripple price analysis indicates bearish momentum to follow today. XRP/USD consolidates below $1.30 resistance. XRP is likely to retrace to $1.10 support. Ripple price analysis is bearish for today as the market could not reach further heights overnight and consolidated below $1.30 resistance. Therefore, we expect XRP/USD to retrace today and retest the […]
Cardano Price Analysis: ADA starts to rally again, prepares to break $2.25 next?
TL;DR Breakdown ADA retraced from $2.25 yesterday. Cardano price found support above the $2 mark. ADA/USD is likely to make another attempt to move past the $2.25 resistance. Cardano price analysis is bullish for today as bulls started to slowly push the market price higher again after a retracement early yesterday. ADA/USD should break above […]
Bitcoin cash price analysis: Bulls push BCH past $700 barrier
TL;DR Breakdown The market is going in the support of buyers. Bitcoin cash price analysis shows price levels rising up to $718. Strong support is present at $590.93 to be precise. Bitcoin cash price analysis favors buying momentum and shows us a price value of $708.51. The past few hours have been favorable for the […]
Binance coin price analysis: Bulls sit on the fence as price action sluggish below $402
TL;DR Breakdown Red candlestick are ruling this week’s price chart. Resistance level is found at $402.27. Binance coin price analysis shows support at $379.26. The latest update regarding the Binance coin price analysis shows a gradual decline in the price levels. The cryptocurrency is making efforts towards breaking the resistance and cross the price barrier […]
ICE buys Coinbase forensic software
TL;DR Breakdown • United States government works towards accepting crypto on its terms.• Coinbase could improve its reputation after partnering with customs services. The Immigration and Customs Enforcement organization in the United States has bought forensic software from Coinbase. However, there is still no official statement on how the program will be used specifically, either […]
Bitcoin Price Analysis: BTC retraces to $46,000, set for a swift rally?
TL;DR Breakdown BTC reached the $48,000 mark overnight. BTC/USD retraced overnight. Bitcoin aims to set another higher low. Bitcoin price analysis is bullish for today as retracement was seen overnight, and another higher low currently gets established. Therefore, we expect BTC/USD to rally higher today and continue its way higher. The cryptocurrency market traded with […]
Dogecoin Price Analysis: DOGE spikes to $0.32 overnight, set to slowly retrace today?
TL;DR Breakdown DOGE moved away from $0.29 resistance overnight. Dogecoin reached $0.31 overnight. DOGE/USD set to retrace today. Dogecoin price analysis indicates bearish momentum to follow later today as a new high was set around $0.31 and rejection for further upside was seen over the past hours. Therefore, we expect DOGE/USD to retrace today and […]
Ethereum Price Analysis: ETH prepares to target $3,600 after a rapid retracement overnight?
TL;DR Breakdown ETH set a slightly higher high yesterday. ETH/USD retraced overnight. Ethereum prepares to rally again. Ethereum price analysis is bullish for today as the market retraced overnight and currently looks to set another higher low. Once a higher low is set, we expect ETH/USD to continue moving higher along with the overall trend. […]
Litecoin Price Analysis: LTC breaks $180, slowly prepares to retrace?
TL;DR Breakdown LTC moved above $180 yesterday. The market traded around the resistance overnight. Litecoin is set to retrace today. Litecoin price analysis is bearish for today as the market reached above $180 yesterday and could not push any higher. Therefore, we expect LTC/USD to retrace later today and try to retest the $170 mark […]
Ripple Price Analysis: XRP rallies above $1.30 overnight, will we see $1.10 resistance retested?
TL;DR Breakdown XRP continued to rally yesterday. $1.10 resistance breached overnight. XRP/USD set for a retracement. Ripple price analysis is bearish for the next 24 hours as rejection for further upside was seen overnight after a brief spike above the $1.30 resistance level. Therefore, we expect XRP/USD to reclaim some of the gain seen over […]
Cardano Price Analysis: ADA spikes to $2.25, set for a slow retracement today
TL;DR Breakdown ADA continued to rally yesterday. New swing high set around $2.25. Cardano is set to retest the $2 mark as support. Cardano price analysis is bearish for today as the market started to retrace overnight after establishing a new swing high around $2.25 yesterday. Therefore, we expect ADA/USD to retrace further later today […]
CARE launches cryptocurrency vouchers in Ecuador and Kenya
TL;DR Breakdown • Care will launch a pilot plan for cryptocurrency vouchers in Kenya and Ecuador.• The cryptocurrency adoption is increasing, and this has boosted the BTC price to over $46000. CARE, a global charity, plans to create cryptocurrency vouchers for helpless people in Africa and Latin America. These vouchers can be used for services […]
Chainlink price analysis: Sharp fall in LINK price to $26.8 – Bulls await correction
TL;DR Breakdown Price levels of Chainlink falling rapidly according to today’s chart. Chainlink is stuck at a resistance of $26.77. Support is for Chainlink is at $24.4 currently. The latest Chainlink price analysis is going towards a bearish direction, with a resistance of $26.773. The bears are ruling the market at the time of writing […]
Litecoin price analysis: LTC ready to challenge the $184 mark again as bulls dominate the market
TL;DR Breakdown Litecoin price is expected to rise to $184. The closest support level is at $179/ Litecoin price is facing resistance at the $185. Litecoin price has finally gone past the $160 mark and strong bullish momentum has carried the price to challenge the $182 mark. Litecoin price records an over 22 percent price […]
Polkadot price analysis: DOT to test $24.00 resistance level
TL;DR Breakdown Polkadot price is expected to break past $23 to the $24.00 mark The closest support level lies at the $22 mark DOT faces resistance at the $23 mark The Polkadot price found strong support at the $21.440 price level yesterday, which enabled the buyers to gather momentum to break past the $22.00 resistance […]
Jack Dorsey claims Ethereum is not powerful enough to disrupt Big Tech
TL;DR Breakdown Jack Dorsey has again belittled the crypto market’s most significant altcoin, Ether (ETH) with his offhand statement on Twitter. The popular Bitcoin supporter and Twitter CEO had downplayed Ethereum’s potential and future scopes many times in the past The statement says, “Disrupting ‘Big Tech’ is exactly what’s needed and what I want.” After […]
Venmo offers users crypto cashback service
TL;DR Breakdown • Venmo will let users transfer their TDC dollars to Bitcoin, Litecoin, Bitcoin Cash, and Ethereum.• The credit card rewards system will be launched in the UK. The mobile payment system Venmo announces will allow clients to exchange TDC dollars for cryptocurrencies. Each user will have the freedom to spend their fiat currency […]
DSB Bank’s crypto exchange receives authority to provide services in Singapore
TL;DR Breakdown Several crypto exchanges are awaiting their permit to provide crypto services in Singapore. From Monday, authorities in Singapore would allow the DSB bank’s crypto exchange to provide crypto services. Institutional investors will now be allowed to buy, store, and hold Bitcoin and other altcoins as announced by the MAS. The crypto industry is […]
Iranian monetary authorities to legalize crypto exchanges in the nation
TL;DR Breakdown Iranian monetary authorities are looking to adopt cryptocurrencies. The authorities are looking to develop a proper infrastructure and structure for the legalization of crypto exchanges. The authorities have emphasized allowance for only a select number of exchanges while maintaining close watch. Crypto assets have become a major want for a majority of the […]
Ripple Price Analysis: XRP retraces from $1.10 resistance, more downside to follow?
TL;DR Breakdown XRP spiked to $1.10 yesterday. Ripple started to retrace yesterday. Closest support at $0.09 Ripple price analysis indicates bearish momentum to follow later today as the market price retraced from the $1.10 mark after a strong spike higher yesterday. Therefore, we expect XRP/USD to retrace lower and retest the $0.09 mark over the […]
Dogecoin Price Analysis: DOGE spikes to $0.29, set for a slow retrace again?
TL;DR Breakdown DOGE rallied to the $0.29 mark yesterday. Further upside heavily rejected. Dogecoin is set for another retracement. Dogecoin price analysis is bearish for the next 24 hours as the market could not move past the $29 mark overnight and saw a heavy rejection. Therefore, we expect DOGE/USD to retrace lower again and attempt […]
Ethereum Price Analysis: ETH retraces below $3,200 after failing to move higher, set to establish another higher low?
TL;DR Breakdown ETH set a slightly higher high yesterday. Retracement was seen overnight. Ethereum is set to establish another higher low today. Ethereum price analysis is bearish for today as bulls failed to rally again and started to retrace overnight. Therefore, we expect ETH/USD to move lower today and set a higher low to move […]
