Tag: crypto

Market Analysis

BITCOIN PRICE ANALYSIS & PREDICTION (November 11) – Bitcoin Prints New High After A Major Break Out, Is $90k Next Stop?

Bitcoin’s price is waxing stronger daily following the recent breakout. It reached a new milestone today, and there are no major signs of slowing down the rally. More breakups are expected amid the latest bull run. Following a short pullback from around $73,600 in late October, which caused a little […]

Market Analysis

CARDANO PRICE ANALYSIS & PREDICTION (November 11) – ADA Rallies To A 7-Month High Amid Latest Surge, Turns Bullish

Amid the latest market surge, ADA saw its major recovery this week as the price broke out from a long consolidation phase. It now appears extremely bullish on the daily chart, having touched a seven-month high.  After subjecting bearish correction to a sideway trend in August, ADA’s price entered a […]

Market Analysis

BINANCE COIN PRICE ANALYSIS & PREDICTION (November 11) – BNB Break Out Of Critical Resistance Area After Five Months, Signals Strong Bullish Move

BNB finally broke out of a critical resistance area to a multi-month high after several failed attempts to scale through in the past months. It has retraced a little from that thigh to test the resistance area as support. Following late September’s drops from a critical resistance area, which led […]

Market Analysis

CRONOS PRICE ANALYSIS & PREDICTION (November 11) – Cro Sees Another 20% Pump Today As It Turns Bullish, Reversal In Play

Cro’s mid-term bearish trajectory is likely to come to an end following the latest sudden price movement. It appeared strongly bullish daily with an impressive 50% surge since the start of this week.  After experiencing back-to-back breakdowns in the past months, Cronos found a solid ground above $0.07 this Monday […]

Crypto, News

Ethereum’s Derivatives Market Thrives As Layer-2s Lower Costs, Whales Unload Large Holdings

Ethereum’s derivatives market has seen significant growth, thanks to the rise of Layer-2 solutions, which have drastically reduced transaction fees that once held back the sector. This cost reduction has paved the way for a surge in derivatives protocols, driving impressive gains in the market since the beginning of the […]

Crypto, News

DeFi Tokens Surge As Trump’s Election Spurs Investor Optimism

In the wake of Donald Trump’s recent election win, decentralized finance (DeFi) tokens, particularly Uniswap ($UNI) and Lido DAO ($LDO), are seeing notable gains as investor sentiment turns positive. Both tokens, which previously faced scrutiny from the U.S. Securities and Exchange Commission (SEC) with Wells Notices indicating possible regulatory action, […]

Crypto, News

Pump.fun Sets Records As SOL Transactions And Liquid Staking Tokens Surge

The token generation platform, Pump.fun, has reached an impressive milestone, creating a record 3 million tokens. Since its launch, token creation has averaged seven new tokens per minute, underscoring the platform’s popularity and the relentless activity on Solana. Within just the past five days, Pump.fun’s transaction fee revenue surged, resulting […]

Crypto, News

CryptoPunks Leads October 2024 NFT Market, Bored Ape Yacht Club Sees Further Decline

October 2024 data highlights CryptoPunks’ impressive grip on the NFT market, commanding a substantial 30.9% share and solidifying its lead among the top NFT collections. CryptoPunks has held this dominant position since overtaking Bored Ape Yacht Club (BAYC) in May 2023, underscoring its staying power in a highly competitive space. […]

Crypto, News

Bitcoin Dominance Grows As Institutional Investors Favor Simplicity, While Ethereum DeFi Thrives

Bitcoin’s appeal as “digital gold” is captivating institutional investors, reinforcing its status as a straightforward, inflation-resistant asset. This growing interest has intensified Bitcoin’s dominance over Ethereum, whose focus on decentralized finance (DeFi) attracts a more niche audience. The market cap ratio of ether to bitcoin has plunged to 24.52%, its […]

Market Analysis

SOLANA PRICE ANALYSIS & PREDICTION (November 8) – SOL Breaks Out Following Latest Surge, Targets July’s High

Last week, Sol experienced a serious correction and dipped under $160. Surprisingly, it bounced back after finding support this week and is now looking strongly bullish following a sudden 15% surge. Looking back from where the price picked from the $120 level in September, Sol’s performance has been highly impressive […]