Crypto analyst ChartNerd said on August 3 that XRP’s prolonged weakness could be setting the stage for a major market repricing. With the token testing long-term support near $1.06 after months of negative sentiment, the market watcher argued that the current decline is part of a wider crypto correction rather than a sign of weakness […]
On-chain data shows that the Ethereum blockchain has developed a lot in the past few years, currently processing more activity than ever before. At the same time, the underlying asset has failed to benefit, as it continues to struggle below $2,000. One analyst believes this disconnect has become one of the biggest debates surrounding the […]
Bitcoin, the altcoins, and the broader financial markets face another eventful week, with geopolitical developments, key US labor data, major earnings reports, and fresh economic indicators all capable of influencing investor sentiment. The cryptocurrency market is in a fragile place once again. The weekend moves on the war front in the Middle East did little […]
Bitcoin’s price dipped to another multi-week low at just over $62,000 on Saturday evening but rebounded to $63,500 on Sunday morning after US President Donald Trump said he had canceled the planned attacks against Iran. Most larger-cap alts have turned green with minor increases, led by Cardano’s native token, which has jumped by 9%. BTC […]
Leading Bitcoin treasury company Strategy’s results for the second quarter show a loss of over $8 billion, while crypto exchange Coinbase reported a 14% quarterly revenue loss. According to the two companies’ latest earnings reports released on Thursday, Strategy lost over $8.23 billion in its operations after recording an unrealized loss of $8.32 billion in […]
Bitcoin’s price is on the move today, prompted by the latest developments on the US-Iran war front, but this time in the opposite direction. After it slipped to another multi-week low yesterday evening, the cryptocurrency has rebounded by approximately $1,500 and now sits at around $63,500. The reason for this is the major de-escalation announced […]
Cardano was up by 4% over the past 24 hours after a few choppy sessions earlier in the week. The crypto asset climbed from around $0.164 to above $0.17. The latest uptick has pushed its monthly gains to around 12%. Amidst improving price structure, new data suggests that ADA may be entering a different phase. […]
The broader crypto market posted some much-needed gains in July, and Ripple’s cross-border token extended a very impressive streak that began in 2020. However, the new month is already here, and the past four Augusts weren’t very bullish for the asset. Can XRP defy its painful August performance, or is another leg down looming? 7 […]
Bitcoin tried but failed at $65,000 on several occasions in the past week, and there are now multiple and different signals suggesting that another leg down is on the cards. From war escalation to ETF withdrawals, let’s dive in. Macro Factors Let’s start with the Wednesday developments on US soil when the central bank decided […]
UNI rose 13% over the past 24 hours and reached $4.54 – a level not seen since January this year. The latest rally has lifted the asset’s gains over the past month to 60%. The move came as Uniswap announced Launches in beta, a new tab on its Web App for discovering top token offerings. […]