Bitcoin gave up some of its gains on Thursday morning, but not before running for three days in a row. Bitcoin has been on a tear over the past few days, with prices increasing by more than 17% in just three days. The coin gained a significant rise, so many people are calling Bitcoin a…
Ethereum supporters are confident that prices will break the $2,000 level. However, recent moves by its founder, Vitalik Buterin, and the Ethereum Foundation, the team managing the smart contracting platform, raises concerns, especially from coin holders and traders, on whether the coin has what it needs to break above key resistance levels. ETH Transfer Raises…
Avalanche (AVAX) is gearing up for a significant unlock event that has sparked speculation among investors. The past month has witnessed a prevailing bearish sentiment, with volume indicators suggesting that the buying pressure might not be robust enough to counter the crypto’s prevailing losses. Despite this recent decline, all eyes are on the impending unlock…
Decentralized finance technology allows you to raise revenue on the blockchain. So, no regulations and hassle of dealing with banks, brokerages, etc. Instead, the decentralized finance (DeFi) ecosystem entirely depends on blockchain smart contract dapps where you can directly deposit, withdraw and earn profits through yield farming without the involvement of a third party. Yield…
Mariah Carey has now solidified her stance in the bitcoin industry. The five-time Grammy winner had teamed up with the Winklevoss twins’ crypto exchange Gemini to launch a campaign that was aimed at empowering women around the world using crypto. The singer announced the partnership with Gemini via Instagram. In the informative Instagram post, Mariah…
Ethereum price jumped above the $2,280 resistance zone. ETH could gain bullish momentum if it clears the $2,330 resistance zone. Ethereum started a decent increase above the $2,250 resistance zone. The price is trading above $2,280 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance near…
In a technical analysis, renowned crypto analyst Gert van Lagen presented an extremely bearish outlook for Solana (SOL), suggesting that its price is poised for a substantial downside move. Van Lagen’s analysis is underpinned by the widely acclaimed Elliott Wave Theory, a methodology that seeks to identify recurring patterns and cycles in market price movements.…
Cardano (ADA) recently made waves as it brushed against the critical $0.30 resistance level. The significance of such resistance levels in the world of cryptocurrencies cannot be underestimated, as they often mark crucial junctures in the price trajectory of digital assets. Resistance levels serve as key markers on the price charts, indicating levels at which…
Bitcoin has maintained its superiority in the market through the bull rally. Through the summer, bitcoin remains the strongest performer in the market. But the altcoins remain hot on its heels as prices rebound from two-month lows. Despite being the strongest performer of the summer, the DeFi space beat out Bitcoin to post the strongest…
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