Cardano (ADA) is in a downtrend as it sheds some of its recent price gains. Despite the price decline, it is experiencing a surge in transaction volume on the network. The network holds the enviable reputation of being a developer’s hub, with several exciting projects launched on its network. However, it is still subject to…
Litecoin is trading in the green today, between the $89.78 and $90 price level, to consolidate on yesterday’s closing price of $89.73. LTC started the year trading at $70 on January 1, 2023. It moved to $80 by January 10 as the bulls seized control. The crypto traded at $100.44 on February 1 for the…
In one of the most catastrophic events to ever hit the crypto industry, the prominent algorithmic stablecoin TerraClassicUSD (USTC) – formerly UST – became depegged from the US dollar around a year ago. As a result, the Terra ecosystem crumbled, leading to uncontrolled minting and supply of Terra Classic (LUNC) tokens. However, in the latest…
Despite the volatile price action of Bitcoin (BTC), the world’s largest cryptocurrency has outperformed every other asset, including gold. Although it is trading below its psychological milestone of $30,000 at $29,000, Bitcoin is expected to grow further in 2023, as it acts as a safe haven for investors amidst the US banking crisis. Bitcoin Reigns…
Chainlink (LINK) is experiencing price volatility today despite its slight gains. The bears aim to take control over the price action as LINK dropped from $8.5764 on April 18 to $7.7704 on April 19, 2023. Its trading volume is up by 97% in the last 24 hours. It also gained 2.27% on its price yesterday.…
The cryptocurrency market has been experiencing a period of volatility, but XRP could be poised to break to the upside. As investors and traders gear up for the upcoming potential gains, several key metrics to watch out for could give insights into the future of XRP’s price. XRP Could Be Poised For A Rally Over the…
Chainlink (LINK) is experiencing price volatility today despite its slight gains. The bears aim to take control over the price action as LINK dropped from $8.5764 on April 18 to $7.7704 on April 19, 2023. Its trading volume is up by 97% in the last 24 hours. It also gained 2.27% on its price yesterday.…
Coinbase Global and the US Securities and Exchange Commission have been at loggerheads for some time, and on Friday, Coinbase CEO Brian Armstrong released a video message calling the SEC’s warning “not constructive” and “not good for America.” The friction between Coinbase and the SEC is part of a bigger attempt by the US government to regulate…
The traditional banking system is facing major challenges, and according to top financial expert Bernstein, Bitcoin (BTC) could be a savior. Bernstein analysts foresee Bitcoin’s long-awaited mainstream adoption could be potentially triggered by the US banking crisis. The analysts suggest that the current state of the banking system will fuel a “new crypto cycle,” driven…
XRP, the sixth-largest cryptocurrency by market capitalization, has recorded significant gains in the first quarter of 2023. Despite a drop from its yearly high of $0.590, XRP dominated the crypto market with total sales in Q1 2023 of $361.06M, net of purchases, compared to $226.31M in the previous quarter. XRP Shines In Q1, Records Impressive…