There is enormous negative sentiment surrounding USDN. And with USDN continuously falling off its track, it’s also pulling WAVES down. WAVES is the native token of the Waves blockchain. According to CoinMarketCap, the token is up by 0.23% or trading at $1.57 as of this writing. There is very little improvement with its current figures. Token…
VeChain has seen a price pump of 4% or currently trading at $0.0161 in the last 24 hours, triggered by the increase in VET demand, data from Coingecko shows. With this scenario, if the buying pressure persists, VET could sprint towards its resistance level and supply zone at the 100% Fibonacci level found at $0.01967. …
SAND, the SandBox, has been free-falling since the month of August. The coin has registered a severe decline in demand, which has caused the crypto to lose further value. The asset has pierced through various support levels over the past few months. It lost 2.2% of its value in the last 24 hours. Over the…
As Bitcoin hits new lows at year-end, other large-cap altcoins have followed suit. There seems to be no love for crypto this year-end, as Santa has refused to show up. General Crypto Market Cap Plunges As it stands, crypto traders and investors seemed to have their hands up in resignation. Trading volume across major exchanges…
Binance rumors were the all-dominant topic last week after the FOMC meeting. Rumors of insufficient proof of reserves and the pullback from accounting firm Mazars, allegations of a bank run and insolvency, as well as CZ’s interview on CNBC have dragged the Bitcoin and crypto sentiment and prices down. Charles Edwards of Capriole Investments pointed…
Solana price has displayed a completely bearish price thesis on the one-day chart. In that same timeframe, the coin declined by close to 9%. The depreciation in value might continue as the technical outlook points in the same direction. With the recent Solana Protocol Raydium hack of over $2 million, the price of the coin…
According to Santiment, the decentralized exchange Uniswap has not experienced any kind of recovery. Santiment recently tweeted that Uniswap is one of the outliers in the active addresses measure, indicating that the DEX’s native token UNI is underperforming relative to other cryptocurrencies. According to the data, the number of functioning IP addresses last increased when…
The past few days have seen a decline in the price of crypto assets such as Shiba Inu (SHIB), with inflation and other macroeconomic factors in play, as other cryptocurrencies registered gains. Macroeconomic factors have historically impacted crypto prices. Recently, the FUD (fear, uncertainty and doubt) levels in the market were high, taking a toll…
The Cardano price continued to depict a strong bearish influence in the market. The coin lost over 7% of its value over the last 24 hours. On a weekly time frame, ADA was down by 14%. The extended price pullback might continue, so investors should be wary of their next move. The ADA price was…
Presently Japanese crypto firms pay a set 30% corporate tax rate on their holdings, regardless of whether or not they made a profit. Due to this stringent tax law over the past years, some local crypto firms reportedly chose to move their business elsewhere. This development has impacted the country’s economic growth, and the LDP,…