Cryptocurrency News
Crypto news
The concept of a global infrastructure for digital currencies, as proposed by the International Monetary Fund (IMF) Managing Director Kristalina Georgieva, could have significant implications for the adoption of cryptocurrencies. Georgieva’s remarks about interoperability and the avoidance of settlement blocks highlight the growing recognition of the need for coordination and […]
During last week’s sell-off, Kusama’s price dropped heavily and broke below its 7-month low. It recovered this week with a potential retest at a recent breakdown level. The price is up 3% today as the sellers take a break. This week has been a sigh of relief for KSM compared […]
The leading meme coin, Dogecoin (DOGE), recently lost ground again but found new support. It has recovered from that support but now facing resistance. The price is likely to fall back if the bears release more pressure. After staying calm for some days, Doge’s bears stepped back and mounted another […]
Following the current crypto market fall, Ethereum‘s price decreased by 7% to $1,785 yesterday and remained on a downward slope. The price recovers quickly and shows signs of a possible reversal. Ethereum finally resumed bearish after breaking out of a descending resistance to retap the $1,900 level in the past […]
In the cryptocurrency ecosystem, the Bitcoin halving event has long been recognized as a crucial turning point, inspiring optimism among institutional investors and market participants. Even though the bear market is still going strong, CleanSpark’s recent purchase of 12,500 Antminer S19 XP Bitcoin miners is a prime example of the […]
After witnessing some recovery in the past week, Bitcoin topped out at resistance and initiated a heavy drop below the previous low. It lost 6% in the dip and has shown no sign of stopping at the moment. More bloodbath lies ahead. Following a bounce from the 4-hour channel’s lower […]
Tron has been gaining traction for some days, increasing by more than 7% in a week. It broke above a crucial resistance last month and has remained strong since then as bulls now take charge. TRX’s performance has been so impressive over the past months. Since the price recovered from […]
In the second quarter of the year, Kusama found base support and started to show signs of strength. It has formed a bullish pattern on the higher timeframe, looking ready for a massive rally. It has seen 3.5% gains today. Just after testing the $25 level in the past weeks, […]
As governments look for alternatives to established financial institutions in an interconnected world, the rise and use of cryptocurrencies have accelerated. According to recent reports, Saudi Arabia, a significant Arab country, is seeking to join the BRICS New Development Bank (NDB). This development raises concerns regarding the use of cryptocurrencies […]
The debt ceiling vote is a complicated matter with numerous potential effects on the crypto industry. A U.S. debt default, in the opinion of some analysts, would trigger a sell-off of risky assets like cryptocurrencies. This is because a default would indicate that people no longer have faith in the […]
Russia, a former critic of crypto, is now embracing and implementing blockchain technology. The decision by Russia to settle cross-border transactions through cryptocurrency exchanges may benefit the overall cryptocurrency sector. This is because it would boost interest in cryptocurrencies and would encourage more businesses and people to adopt them. Additionally, […]
In the second quarter of the year, Kusama found base support and started to show signs of strength. It has formed a bullish pattern on the higher timeframe, looking ready for a massive rally. It has seen 3.5% gains today. Just after testing the $25 level in the past weeks, […]
Arbitrum has shown a sign of strength in the last 24 hours, but the price still looks bearish from a short-term perspective. Though, it is currently consolidating above a key support level. Since the price dropped to a key psychological level of $1 in May, ARB took a breath and […]
Lido resumes bullish after successfully breaking above a crucial resistance trendline. It retested the trendline as support yesterday and now surging toward a key resistance level. But it seems to be facing resistance. After losing momentum for three months, LDO found support above the $1.5 level and bounced off to […]
Avalanche (AVAX)’s price increased by 2% overnight after failing to sustain negative actions below the previous low. It held as support and formed a double-bottom pattern. A potential bullish reversal is in play. Following the last 24 hours’ gains across the crypto space, Avax appeared to have suspended selling pressure […]
As most altcoins dropped to their bottom following past months of bearish, Litecoin remained bullish and continued to show signs of strength. It has gained almost 13% in a week. The price of Litecoin has continued to increase over the past few weeks following a bullish formation on the daily […]
Ethereum and most top altcoins have suffered a substantial loss amidst the latest crypto market’s downfall. The bears are stepping back to pull the price to $1,700 in the next few days. It lost 2.5% overnight. Following last week’s recovery that pushed the price above the $1900 level last weekend, […]
After witnessing a series of drops in the past weeks, Cardano reached a critical trading area where a major bounce or breakdown may come into play. Now negotiating for the next direction. The price of Cardano looks overstretched following past weeks of negative actions across the market. Due to the […]