Axie Infinity (AXS) finally managed to break away from its downward momentum that’s been going on for the last six months. According to latest data from Coingecko, the crypto asset peaked at $11.29 today before entering a minor price correction that made it decline by more than 7% over a 24-hour period. AXS is in…
BTC’s price needs to rally high as the price continues to stall in its price movement despite the market looking green across boards. BTC’s price continues to trend, creating a more bullish bias as the price aim for $22,500, where the price could face resistance. BTC’s price remains indecisive on the daily timeframes as the…
Dogecoin is currently changing hands at a price that is significantly lower than its six-month high of $0.1572, providing an opportunity for investors to take advantage of a huge discount for accumulation. Dogecoin went down by 11% following news of Twitter’s plans to halt crypto integration projects DOGE managed to bounce back over the last…
The Polygon network is now lit like Christmas lights following a number of positive MATIC news that involve some of the biggest names in social media and finance industry. For starters, Instagram users will soon have the ability to mint, showcase and even sell non-fungible token (NFT) collectibles through the blockchain network. Two days ago,…
Bitcoin has today broken past $21k in a sharp surge as on-chain data suggests signs of accumulation from the investors. Bitcoin UTXO Value Bands Show Multiple Groups Have Been Buying Recently As pointed out by an analyst in a CryptoQuant post, the value bands who took profit around ten days ago are now accumulating again.…
On-chain data shows Bitcoin funding rates have turned positive, suggesting there have been some fresh long openings on derivative exchanges. Bitcoin Funding Rate Turns Green After Derivative Exchange Inflows Spike Up As pointed out by an analyst in a CryptoQuant post, the new long positions can drive the price up in the short term. There…
The Bitcoin price is regaining bullish momentum over today’s trading session, retracing the losses seen early in the week. Once again, the cryptocurrency is under the influence of macroeconomic forces working in its favor for the first time in months. At the time of writing, the Bitcoin price trades at $21,000 with a 4% profit…
Shiba Inu squandered its gains during the tail end of October that enabled it to add almost $2 billion to its total market cap which currently stands at $7.29 billion. At the time of this writing, SHIB is changing hands at $0.00001242 according to tracking from Coingecko. It is still up by 16% over the…
Cardano (ADA), as it appears, is one of the altcoins which have failed to capitalize on the short-lived rally of the crypto market to once again push its overall valuation to above $1 trillion. In fact, the cryptocurrency was surpassed by Dogecoin in terms of market capitalization as ADA now ranks 9th in that particular…
Bitcoin price remained well bid above the $20,000 support zone. BTC is consolidating and might start a fresh rally if it clears the $20,500 resistance zone. Bitcoin traded in a range above the key $20,000 support zone. The price is trading below $20,500 and the 100 hourly simple moving average. There is a crucial bearish…