Cryptocurrency markets are currently experiencing a state of euphoria, with traders displaying unmistakable signs of FOMO, or the “Fear of Missing Out.” Bitcoin (BTC) has seen an impressive surge, with its price climbing by 19% in just one week. This remarkable price increase has contributed to a sentiment of greed […]
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The Impact Of Increasing Self-Custody On $SUSHI, $REEF, $ELF, $BICO, $CRV, and $INJ
Self-custody, or the practice of holding cryptocurrencies in private wallets rather than on exchanges, is gaining traction among investors. This shift is particularly notable for coins like SUSHI, REEF, ELF, BICO, CRV, and INJ, as their supplies on exchanges are decreasing. Historically, such reductions in exchange supplies have been associated […]
Bitcoin’s Historical Resilience In The Face Of China’s Repeated Regulatory Measures
China has banned Bitcoin multiple times, but Bitcoin has always managed to bounce back. The first ban was in 2013, when the People’s Bank of China (PBOC) issued a notice prohibiting financial institutions from using or trading Bitcoin. The PBOC also warned against the risks of Bitcoin investing, citing its […]
Crypto Enthusiasts Sell Their Fantom and Helium Holdings, Tradecurve Seen as a Safe Haven
The crypto world is expanding, and new opportunities are arising. If you are looking to multiply your investment, Tradecurve (TCRV) is certainly the best option in the market, as per experts. Interestingly, Fantom (FTM) and Helium (HNT) holders, who are suffering losses for the past many months, are also joining […]
Bitcoin Supply On Exchanges Hits Lowest Value Since Nov 2018, Now At 1.17M
The recent trends in the Bitcoin market indicate a shift towards self-custody as the supply of Bitcoin on exchanges continues to decrease. Despite experiencing a drop below the $30k mark last week, the market has not shown severe reactions, suggesting that fear, uncertainty, and doubt (#FUD) are not driving significant […]
ChainLink Is Trending, How Close Is $10 Price Mark?
Chainlink’s recent surge in popularity within the cryptocurrency community is undoubtedly significant. With a remarkable 20% price increase in a single day, it has reclaimed its highest value in three months, reaching an impressive $8.34. Thursday’s on-chain volume of $347.72 million for LINK is a clear indicator of the heightened […]
Compelling Evidence Shows This AI Crypto Will Overtake Filecoin and Decentraland In 2023
Avorak AI, a new AI crypto has been gaining traction in the crypto market. Analysts suggest that there is compelling evidence to show that this AI crypto will overtake Filecoin and Decentraland in 2023. What happened to Decentarand (MANA)? Decentraland, the Ethereum-based virtual reality project, has faced several challenges leading […]
Don’t Sell Your Bags Yet: Bitcoin’s Track Record Proves It Will Always Bounce Back
Bitcoin has been around for over a decade now, and it has faced its fair share of criticism and FUD (fear, uncertainty, and doubt) along the way. However, Bitcoin has always managed to come back stronger. Bitcoin Accused Of Being A Scam In the early days, Bitcoin was criticized for […]
Bitcoin Price Analysis & Prediction (June 7th) – BTC Tumbles Below $26k as Bearish Pressure Continues?
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 […]
Bitcoin Price Analysis & Prediction (May 25th) – BTC Gains 2.5 Daily But Next Move Looks Dicey, Traps in a Range
The FUD surrounding Bitcoin lately is very much intact, but its recent sideways trend appeared to have kept traders in suspense of the next major movement. However, the price has increased by 2.5% earlier in 24 hours. After initiating a drop from $29,800, Bitcoin declined steadily for a week and […]
Ethereum Price Analysis & Prediction (April 17th) – ETH Finally Flips $2k, Taps 11-Month High With 14% Weekly Gains
After a long consolidation phase, Ethereum climbed above the $2k resistance level and printed a new monthly high. It looks so bullish and is still charging to take more highs. A quick recap from the past month of trading started with a rebound from a low of $1,370 to a […]
Bitcoin Price Analysis & Prediction (April 4th) – BTC Looks Poise For A Big Rally Amid Accumulation Phase
BTC dominance rises to 45.9% following a roughly $50 billion increase in the global market volume. It found a solid level above $27k this week and has shown signs of strength. A quick recap from last month saw Bitcoin through a massive recovery from $19.6k to a local peak of […]
LUNA Classic Price Analysis & Prediction (Mar 13th) – LUNC Shows Sign of Continuation Amid Fresh Bearish Signal, Drops by 2.2% Today
The price of Terra Luna (LUNC) has dropped drastically over the past few days, bringing it to a low of $0.0000 during last week’s surge. It will likely resume bearish sentiments once the price breaks down from the consolidation phase. Following the period of negative actions and FUD for the […]
FTX Token Price Analysis & Prediction (Jan 24th) – FTT Bounces Back Above $2 After a Correction, Can it Hold That Level?
After a long crash, FTT found a local bottom earlier this month and recovered to $3 last week. The price dropped and rebounded but has failed to retake the previous price level. The FUD surrounding the FTX token is still very high considering the collapse and most importantly the fraud […]
Ethereum Price Analysis & Prediction (Jan 2nd) – ETH is Trapped, Can The Bulls Scale Through This Range
The last 24-hour increase in Ethereum’s price has suggested a positive move in intra-day trading. However, it may face some hurdles on its way up to set a bullish tone for the year 2023. Ethereum appeared to be starting this week in a positive mode with a 1.9% daily gain, […]
Those Who Bought Oryen Network (ORY) Live Presale With Shiba Inu (SHIB) Have Saved Themselves From -40%
Do you remember the hype around Shiba Inu (SHIB)? For a brief period, it was one of the hottest cryptocurrencies on the market, with its price surging to all-time highs. Unfortunately, due to some FUD and market sentiment turning bearish, the SHIB price eventually dropped by over 92%. Those who […]
Avalanche Coin Price Analysis & Prediction (Dec 16th) – AVAX Remains Calm, Trading Sideways For Inbound Explosion
The past months of the crash have caused a lot of FUD in the price of Avalanche. As a result, the market has remained calm for a while as volatility continues to shrink by the day. For the past few weeks, trading activity has been abnormal due to a lack […]
Bitcoin Price Analysis & Prediction (Dec 5th) – BTC Continues to Trade in a Tight Range as It Waits for a Break
Starting this month on a bullish note, Bitcoin’s price will likely climb back to $20k in the coming weeks. The price touched $17320 yesterday, dropped briefly, and charged back – a potential recovery lies ahead. The aftermath of the FTX saga caused a lot of FUD in the crypto market, […]