Hedera (HBAR), the native and energy-efficient cryptocurrency of an open source public distributed ledger bearing the same name, started the year on a high note, peaking at $0.3282 on January 5. But the crypto asset failed to keep up its momentum and gradually declined over time until it fell below the $0.10 marker on May…
The use of the native token of Chainlink is seeing a decent rise. Today alone, the price of LINK has increased by 2.0% in the last 24 hours, as measured by statistics from CoinGecko. Though not a big deal in terms of massive increases, it pumps up the bulls. In the weekly and bi-weekly timescale,…
The Solana ecosphere, unsurprisingly, is also suffering as a result of the current market contagion. SOL fell to its lowest performance in recent weeks. CoinGecko reports that its native token SOL has dropped in value by 58.3 percent over the course of a month. Here’s a quick glance at how the token has been performing:…
Total bitcoin market capitalization shows that the market is still plagued by fear, uncertainty, and doubt. Despite this, over 60% of Dogecoin holders are profitable, per CoinMarketCap data, in the midst of the current dip. The market has recovered in some aspects, albeit not fully, and investors are feeling confident about Dogecoin now than in…
BCH (Bitcoin Cash) saw its chance to recover as the crypto market’s capitalization still hasn’t made that much recovery. After stalling for a few candles at or near its pre-FTX collapse price level, the Bitcoin hard fork continued its descent. CoinGecko reports that Bitcoin Cash has greens on the weekly and biweekly timelines, but reds…
Dogecoin is currently driving the market’s current recovery, at least in part. The memecoin’s price reached the $0.0945 on Monday, in the midst of the shockwave brought about by FTX’s implosion. Despite the strain, DOGE still proved its resilience at it soared 25 percent in the last week, data from Coingecko show, Monday. Here’s a…
Increasing volume in Chiliz intraday trades pointed to a likely bullish comeback in the coin’s price. Since the start of trading today, the volume of Chiliz has increased from $395,564,490 to $694,854,345. Market capitalization rose from $1,203,242,510 to $1,222,317,487 as trading volume rose. Increases in both trading activity and market capitalization of this magnitude suggest…
Stellar (XLM) picked up pace on the daily chart as the coin registered some upward movement. The coin has been trading within a descending channel. Although the coin was moving sideways, if bulls reclaim the chart XLM can break above the channel. Technical outlook for the coin remained bearish. Buying strength also remained considerably low.…
Bitcoin had previously succumbed to the bears and sank below the $20,000 mark for a considerable period of time. At press time however, the coin managed to rise above the $20,000 mark. Market conditions are still fragile and BTC can again fall below the $20,000 price level. Selling volume had increased which had caused BTC…
Polkadot has witnessed continued downfall in price since the last month. It has now established its support level at $6.30, however, the coin has been trading very close to that support level. After it broke below the $6.66 support line, the coin has spiralled downwards. It retested the $6.30 level the past month. Technical outlook…