Tag: trading

Market Analysis

BITCOIN PRICE ANALYSIS & PREDICTION (July 22) – BTC Cuts $1k After Testing A New Price Range, Can It Break Out Of This Channel’s Box?

Following a 30% recovery in the past three weeks, Bitcoin scaled through several key resistance levels to reach a new milestone today. It saw a sharp rejection and is now showing signs of weakness on the day. Adding $5k to its price in a week, Bitcoin reached its highest trading […]

Market Analysis

POLYGON MATIC PRICE ANALYSIS & PREDICTION (July 21) – Matic Continues To Struggle Amid Market Recovery, Looks Set For Another Dip

Compared to other Layer 2 tokens, which have seen a notable increase in the past few days, Matic struggles with volatility as it briefly recovers. It encountered resistance and now looks poise for a fresh drop.  Following a monthly crash to a two-year low of $0.428, Matic quickly rejected the […]

Crypto, News

Trondao Partners With OMNIA Protocol To Enhance TRON Network’s Cross-Chain Communication

Trondao, a community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), has announced its support from OMNIA Protocol. This collaboration enables users to generate secure TRON Network RPC endpoints, significantly enhancing cross-chain communication. BREAKING🗞️@trondao – a community-governed DAO dedicated to accelerating the […]

Crypto, News

Tether Dominates Stablecoin Market As TRON Emerges As Key Infrastructure For USDT Transfers

Tether ($USDT) continues to reign supreme in the stablecoin market, with its market capitalization soaring to $112.5 billion in July 2024, up from $66.6 billion in January 2023. This remarkable growth highlights Tether’s sustained dominance in the sector. The stablecoin landscape has seen new entrants such as $PYUSD and $FDUSD, […]

Crypto, News

Bitcoin Market Dynamics: Institutional Inflows Surge Amid Government Sales And ETF Growth

Recent developments in the Bitcoin market have showcased notable shifts in both supply and institutional interest. The market absorbed over 48,000 BTC from sell-offs sourced by the German Government, coinciding with anticipated Mt. Gox distributions in the near future. Bitcoin’s daily on-chain volume now hovers around $46.4 billion, comparable to […]

Crypto, News

Surge In Wallet Activity For Render, Aave, And Maker Indicates Potential Bullish Trends

Render (RNDR), Aave (AAVE), and Maker (MKR) have recently seen significant increases in address activity, suggesting potential bullish trends for these altcoins. Historically, rising levels of wallet interactions on blockchain networks are often early indicators of future price gains. Six hours ago, the Render Network project’s multi-signature address transferred 1.6 […]