The Cardano price continues to suffer a downtrend throughout the month of November. Over the last 24 hours, ADA registered a 0.6% depreciation. ADA’s next upcoming trading sessions remain crucial as the market is expected to move out of lateral trading. Depending on how quickly it breaks through its current resistance. The bears continue to …
Continue reading “What’s Next For Cardano Price As It Auctions At $0.31?”
After sustaining bullish price action for the past two days, the Uniswap price has registered a shift in its price movement. With a 0.9% loss in the last 24 hours, price sentiment has shifted toward the bears. At press time, Uniswap has struggled to move past its rigid resistance mark of $4.50. There is a …
Continue reading “Uniswap Price Struggles At $5.49, Will There Be A Run Up To $6?”
Bitcoin price bounced off the $15,400 price level and staged a recovery over the past day. In the last 24 hours, BTC has been moving sideways after claiming the $16,000 price mark. Since the coin is trading sideways at the moment after the recovery, Bitcoin awaits a breakout. The coin will have to move above …
Continue reading “Bitcoin Price Recovery; Vital Levels To Keep An Eye On”
Ripple’s APAC Policy Director has described the fall of FTX as “incredibly damaging” for the crypto space, but says the industry should stand the test of time if its focus shifts towards building “real utility.” In a statement sent to Cointelegraph, Ripple’s APAC policy lead Rahul Advani said he expects the FTX saga to lead …
Crypto analyst Benjamin Cowen is examining the historical patterns of Bitcoin bear markets to estimate when BTC could bottom out. In a new strategy session, Cowen says it would be reasonable to expect a bottoming scenario similar to that of 2018, where BTC’s price made a series of slightly higher lows before sharply capitulating to …
However, the crypto space is notoriously fickle, and the collapse of once-established companies such as Celsius and FTX are stark examples of how people can lose billions of dollars in crypto assets almost overnight. For this reason, celebrity influencers should be thoroughly educated on a crypto product before promoting it. With so much at stake, …
Continue reading “Taking down crypto influencers is one step that would help to heal the market”
The collapse of the now-bankrupt cryptocurrency exchange FTX has raised many concerns over unregulated centralized platforms. Investors are now coming to question how safe it is to keep one’s funds on these exchanges and have voiced grave concerns about centralized decision-making without any checks. FTX held one billion in a customer’s fund and was found …
Continue reading “After FTX: Defi can go mainstream if it overcomes its flaws”
A recent survey sponsored by the Nasdaq-listed crypto exchange Coinbase shows that institutional investors increased their allocations during the crypto winter. The firm emphasized that there is “a strong signal of the acceptance of crypto as an asset class” and “the price outlook over the long term remains positive.” Coinbase’s Institutional Investor Survey The Nasdaq-listed …
The Venezuelan fiat currency, the bolivar, has lost almost 40% in its exchange rate against the U.S. dollar in a month. According to reports, the seasonal payments that the government has to make, and the lack of liquidity of the government to intervene in the currency market are part of the equation leading to this, …
While a large fraction of crypto assets dropped a great deal in value during the past few weeks and bitcoin is down 18.2% in 30 days, the exchange coin ftx token (FTT) still trades above a U.S. dollar per unit. Moreover, the unknown entity known as the ‘FTX Accounts Drainer,’ still holds the second largest …
Still, in serious decline, most coins have lost more than 50% of their value from their respective all-time highs. While the market wasn’t particularly impressive, […] Go to Source
As the buying pressure matches evenly with the selling pressure in the Tamadoge market, the probability of a price breakout increases. The market has been actively […] Go to Source
Tamadoge bullish run in today’s market fails to progress beyond the $0.00212 resistance level as it repeatedly attempts to advance the price. They eventually lost their […] Go to Source
The chief executive of crypto investment firm Galaxy Digital says that the top two leading digital assets aren’t going anywhere despite widespread negative sentiment in the industry. In a new interview on CNBC’s Squawk Box, billionaire Mike Novogratz says that he doesn’t envision king crypto Bitcoin (BTC) and leading smart contract platform Ethereum (ETH) going …
US crypto exchange giant Coinbase is launching an initiative to help encourage more transparency among firms in the industry, particularly in regard to proof of reserves. In a blog post, Coinbase says it’s exploring new ways to prove reserves using more crypto-native methods, plus announcing a $500,000 developer grant program to encourage others to do …
