Tag: cryptocurrency

Market Analysis

BITCOIN PRICE ANALYSIS & PREDICTION (January 30) – BTC Bounces Back Above $42k, Suspends Correction With Notable Gains

After correcting by more than 20% in 13 days, Bitcoin found support and recovered throughout last week. It entered this week a bit calm but is likely to bounce higher in the next few days. Resuming drops could trigger more correction. During a recent price correction, Bitcoin recorded a heavy […]

Market Analysis

SUI PRICE ANALYSIS & PREDICTION (January 30) – SUI’s Bullish Trajectory Remains Intact Despite Correction, Up 40% Weekly

Sui’s trend continued to advance higher despite market’s correction. It has posted an impressive gain so far, making it one of the best-performer in the past week. The price is up again after dropping in the last two days.  Reaching a multi-month high of $1.44 in the mid-month, SUI pulled […]

Market Analysis

LITECOIN PRICE ANALYSIS & PREDICTION (January 28) – LTC Remains Under Bears’ Radar But Showing Signs Of Strength In The Latest Price Recovery

Litecoin appeared bearish on the daily chart but has seen little increase in the last 24 hours. After days of consolidation, it found support and now tries to recover some loss. Trading volume currently appears low. This month has been quite horrible for Litecoin following a price crash near the […]

Crypto, News

Polygon Nearly Matches Ethereum In User Acquisition in 2023, Adds 2.8 Million Users This January 

In 2023, Polygon, a Layer-2 scaling network for Ethereum, came close to rivaling Ethereum in crypto user acquisition, as per data from blockchain analytics firm Flipside.  The gap between Polygon and Ethereum was narrow, with Polygon gaining an impressive 15.24 million users compared to Ethereum’s 15.4 million.  NEW: Polygon acquired […]

Crypto, News

Examining DAI’s Dominance In The CDP Ecosystem

Recent data from intotheblock’s perspective dashboard sheds light on the stablecoin landscape within the collateralized debt positions (CDP) ecosystem. Thereby, showcasing DAI’s prominent position as the leading stablecoin with the largest number of holders. In the realm of DeFi’s collateralized debt positions, users utilize blockchain-based smart contracts and various cryptocurrencies […]