“(There’s) the possibility of recognizing ETH as a security token. On the one hand, after the transition to PoS, the coin will have signs of security, such as, for example, the expectation of making a profit. And many financiers say that such an outcome is possible,” Serhii Zhdanov, CEO of crypto exchange EXMO, said in …
Last week, 1inch outperformed several cryptos with its higher market capitalization, gaining by over 4% in 7 days. The altcoin’s price movement was not unexpected, however, as several developments in its ecosystem accelerated its incline. In fact, according to Messari, 1inch accounted for more than 60% of Synthetix’s trade volume prior to full integration. Kwenta …
Will 1inch’s price finally follow its network activity north Read More »
Bitcoin traded below $20,000 on Saturday while the price of ether slipped beneath $1,500 amid a continued period of market weakness. As of press time, bitcoin is trading at approximately $19,975 on Coinbase, down about 1.3% according to TradingView data. Ether, the native asset of the Ethereum network, is at $1,472, …
After concluding last week on a bearish trajectory. XRP’s bears have gone for a recess. However, its press time position seemed to flash mixed signals that investors should consider before making the next move. XRP’s crash last week ended right on its 2-month ascending support line. Although bullish recovery is anticipated around the support level, …
XRP’s price action is ripe for some long-term upside unless we see this happen Read More »
The BTC hourly chart below illustrates the time of the German PPI announcement, in conjunction with the drop in BTC prices. The decline came along with excessive volume for the 06:00 UTC hour, when compared to BTC’s 20-hour moving average. The decline also occurred within a price range with lower volumes historically. The Volume Profile …
Bitcoin’s Price Plummets on Global Inflation Concerns Read More »
“In the last 24 hours, we’ve had a little bit of a pullback,” Joe Orsini, director of research at Eaglebrook Advisors, told CoinDesk TV’s “First Mover” program. “When you consider the move that’s been made with bitcoin up around 30% from June 18 lows, ether up about 115%, profit taking without FOMO, and some traders …
The broader recovery of the crypto market in July has taken a new turn recently. Bitcoin [BTC] is effectively leading the charge with the latest bullish activity. However, suspicious whale movements have raised a few eyebrows in the market that have instilled FUD sentiment in the community. Another day, another drama Bitcoin has been fluctuating …
Can Bitcoin [BTC]’s movement above realized price fizzle out based on market sentiment? Read More »
CEL, the native token of crypto lending platform Celsius, was trading up 100% on Tuesday at one point. At the time of writing CEL was trading at $0.56, up from $0.27 a day previous representing an increase of 114%. The lending firm, which had some $12 billion in customer assets as of May …
Celsius crypto token price spikes before falling again Read More »
![Shiba Inu [SHIB] sees a 40% uptick, but not in price as...](https://cryptocurrencymarket.us/wp-content/uploads/2022/06/Shiba-Inu-SHIB-sees-a-40-uptick-but-not-in.jpg)
Shiba Inu [SHIB], one of the most popular meme coins around, has grabbed significant attention of late. Be it 2021 or 2022, the meme coin has seen decent developments within this crypto-sea full of competitors. However, regardless of this, why isn’t SHIB able to paint the same picture for its price? Pet-friendly accommodation? Shiba Inu …
Shiba Inu [SHIB] sees a 40% uptick, but not in price as… Read More »
![Can Cosmos [ATOM] continue its impressive price resilience in the long run](https://cryptocurrencymarket.us/wp-content/uploads/2022/05/1653124821_Can-Cosmos-ATOM-continue-its-impressive-price-resilience-in-the.jpg)
With tokens licking their wounds and healing from the unexpected bloodbath witnessed in May, some tokens haven’t exactly followed the “slow and steady” path to recovery. One such token is ATOM, and the token witnessed a huge spike in its price in the past 24 hours. The sudden spike accounted for a frantic yet rewarding …
Can Cosmos [ATOM] continue its impressive price resilience in the long run Read More »