Markets

Solana NFT marketplace integration and DApp metrics shine even after SOL’s 20% drop

solana-nft-marketplace-integration-and-dapp-metrics-shine-even-after-sol’s-20%-drop

SOL price gave up a chunk of its recent gains, but data shows there are strong reasons for investors to remain bullish. Solana (SOL) price reached $143.50 on April 2 after an incredible 82% rally over a 20 day period. This positive performance can be attributed to recent NFT markets-related news and a marketwide bounce,…

Ripple (XRP) price dropped 2% today: why did the XRP price drop?

ripple-(xrp)-price-dropped-2%-today:-why-did-the-xrp-price-drop?

Although this has been great for the majority of cryptocurrencies, it has not been the case for some coins like Ripple (XRP). It started the day with a 2% drop before assuming the current surge of about 1.96% at the time of writing. Ripple has had a roller coaster and no wonder the general price…

A retest is expected, but most analysts expect Bitcoin price to extend much higher

a-retest-is-expected,-but-most-analysts-expect-bitcoin-price-to-extend-much-higher

Analysts expect Bitcoin price to retest the $45,000 zone as support, after which traders anticipate a stronger move toward a resistance cluster at $54,000. The mood across the cryptocurrency market has seen a notable improvement in the last week as prices are on the rise with Bitcoin (BTC) now trading near $48,000 while Ether (ETH)…

3 reasons why Waves price gained 100%+ in the last week

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WAVES price rallied in excess of 100% after unveiling plans to launch a blockchain agnostic Metaverse and establishing a new partnership with Allbridge to facilitate cross-chain transfers. Development never stops in the blockchain sector and projects that continuously evolve are the ones that stay at the forefront and survive over the long-term. One project attempting to…

Top 5 cryptocurrencies to watch this week: BTC, LUNA, AVAX, ATOM, FTM

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Crypto markets are expected to remain volatile for the foreseeable future, but BTC’s battle to reclaim $40,000 could be followed with rallies from LUNA, AVAX, ATOM and FTM. The geopolitical news flow is likely to result in volatile moves in Bitcoin (BTC) and altcoins in the next few days. News of Russian President Vladimir Putin…

Bitcoin traders say $34K was the bottom, but data says it’s too early to tell

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Bitcoin traders say the bottom is in, but it’s important to also consider BTC’s correlation to equities markets. Bitcoin (BTC) price traded down 23% in the eight days following its failure to break the $45,000 resistance on Feb. 16. The $34,300 bottom on Feb. 24 happened right after the Russian-Ukraine conflict escalated, triggering a sharp…

Price analysis 2/23: BTC, ETH, BNB, XRP, ADA, SOL, AVAX, LUNA, DOGE, DOT

price-analysis-2/23:-btc,-eth,-bnb,-xrp,-ada,-sol,-avax,-luna,-doge,-dot

BTC and altcoins flashed a few bullish signals today, but traders say $38,000 is still the level Bitcoin needs to close above before a reversal can begin. Bitcoin (BTC) and several altcoins have bounced off their immediate support levels after buyers attempted to arrest the current decline. Bloomberg Senior Commodity Strategist Mike McGlone highlighted in…

Price analysis 2/21: BTC, ETH, BNB, XRP, ADA, SOL, AVAX, LUNA, DOGE, DOT

price-analysis-2/21:-btc,-eth,-bnb,-xrp,-ada,-sol,-avax,-luna,-doge,-dot

BTC’s attempt to reclaim $40,000 was thwarted by bears, but any consolidation within the current range could benefit small and large-cap altcoins. Bitcoin (BTC) dipped below $38,000 on Feb. 21 but the bulls are attempting to arrest the decline and start a recovery. The sustained weakness in 2022 seems to have toned down expectations of…

Looking For A Great Entry On Bitcoin?

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How Bitcoiners can use time, price expectation and supply at a loss to explore great entry opportunities.Acknowledgment: Derek Pennings came up with “The Entry Indicator.” I helped him with putting the thought process in writing. You can find him on Twitter @PenningsDerek.Not AgainIt happened. Again. Price dropped more than 50% from its all-time high. During…

Here’s why Bitcoin traders expect choppy markets for the remainder of 2021

here’s-why-bitcoin-traders-expect-choppy-markets-for-the-remainder-of-2021

Bitcoin price appears pinned below $48,000, leading some analysts to forecast “choppy” markets until Q1 2022. Inflation concerns and a general sense of trepidation about the future of the global economy continue to put a damper on Bitcoin and altcoin prices and currently the Crypto Fear and Greed index is solidly in the ‘fear’ zone…

ZK-rollups step into the limelight after the quest to scale Ethereum evolves

zk-rollups-step-into-the-limelight-after-the-quest-to-scale-ethereum-evolves

ZK-rollups become the latest trending solution for scalability on the Ethereum network as developers strive to increase throughput capabilities while decreases transaction costs. Scalability on the Ethereum (ETH) network has been a point of contention within the cryptocurrency ecosystem for years, primarily due to high fees and network congestion during periods of peak demand.The latest…

Why did Contentos (COS) price shoot up on Thursday night?

why-did-contentos-(cos)-price-shoot-up-on-thursday-night?

The price of Contentos (COS) shot up by over 30% yesterday (Thursday) night propelling its price from around $0.02631 to a high of $0.03381 in four hours. The price has, however, pulled back to around $0.02706. If you are entering the market now, you will still find it to be quite choppy because of last…

Altcoin Roundup: 3 metrics that traders can use to effectively analyze DeFi tokens

altcoin-roundup:-3-metrics-that-traders-can-use-to-effectively-analyze-defi-tokens

DeFi presents a wealth of opportunity for investors, but there are also risks. Here are three metrics investors use to analyze decentralized finance tokens and their associated protocols. Much to the chagrin of cryptocurrency proponents who call for the immediate mass adoption of blockchain technology, there are many “digital landmines” that exist in the crypto…

OKEx shared insights on trading, regulation, DeFi and more during recent Markets Pro AMA

okex-shared-insights-on-trading,-regulation,-defi-and-more-during-recent-markets-pro-ama

Among many features, OKEx staff demonstrated how users could automate their trading process with no required coding knowledge on the namesake platform. Founded in 2017, OKEx is a centralized cryptocurrency exchange based in Seychelles. According to CoinGecko, OKEx is the world’s third-largest cryptocurrency brokerage, with nearly $12 billion in trading volume within the past 24…

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