Crypto assets have different utilities, but at the end of the day, their performance will be evaluated by their trading price, volume and total market capitalization. That is perhaps the lesson that was reminded to the Polygon network and its native cryptocurrency MATIC, which continues to decline after attaining its all-time high just 10 months…
Crypto developers seem to be unfazed by the bearish market as they continue to introduce new altcoins or tokens into the space. It is because of this that digital currency price and information data platform CoinGecko is now tracking 13,201 cryptocurrencies. Despite the bloody month of September for most cryptos, the collective market capitalization of…
Positive developments in the marketplace have led to a rise in SushiSwap share price. Asset management business Golden Tree has bet around $5.3 million on SushiSwap. The news caused a nearly 15% increase in SushiSwap’s share price the day after it was released. Since the uptick of August 31–September 10, this is one of SushiSwap’s most…
The Ethereum whale investors have maintained an influence on ETH price. This is because they use their holdings to create their desired trend in the ETH market. But their impact is raising more brows as per the data from CryptoQuant. In the crypto space, the whales are persons or entities with higher investment holding of…
BNB, a native token of the Binance cryptocurrency exchange, made it through the bearish month of September with minimal losses. BNB currently trades at $285.40 and is up by 3.4% for the past two weeks The altcoin’s MVRV declines, indicating possible price drop Social volume of BNB dips as interest may be fading With its…
The CEO of Tesla Inc., Elon Musk, is a strong proponent of Dogecoin, the leading meme coin. The influence of Musk has created a substantial impact on both DOGE and its community. In the crypto space, the majority of the trending and significant assets strive with the support of some strong proponents. If a proponent…
Shiba Inu, a meme crypto like the Dogecoin, was the fastest growing digital coin of 2021. The rate at which the asset grew was mind blowing, especially after it recorded a 46,000,000% price increase. Shiba Inu’s trading price is now its resistance marker SHIB token now priced at $0.00001118 The meme crypto is forecasted to…
This DeFi token, which only ranks 138th among cryptocurrencies according to total market capitalization, is starting to make some real loud noise in the crypto space this ‘Uptober.’ Even though the market continues to struggle to recover from its dismal September performance, SUSHI – the native token of SushiSwap – is making impressive leaps over…
In the past two days, Bitcoin triumphantly hit the critical level of $20K. This sudden push from the primary crypto asset was after hovering between $18K and $24K regions for some months. But following the effects of some macroeconomic factors, the price of BTC was rounding the $19K region. This year has been the toughest…
In this episode of NewsBTC’s daily technical analysis videos, we examine a possible breakout of Bitcoin price on linear scale. We also compare the breakout on logarithmic scale to determine if the signal might be a reliable sign the bottom could be in. Take a look at the video below: VIDEO: Bitcoin Price Analysis (BTCUSD): October…