Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging…
In a week marked by consolidation across the cryptocurrency market, the native token of Uniswap, UNI, has defied the trend, surging over 15%, and surpassing the $10 mark. This bullish run comes amid positive developments within the Ethereum ecosystem and Uniswap’s ongoing legal battle with the US Securities and Exchange Commission (SEC). Related Reading Riding…
Ethereum (ETH), the world’s second-largest cryptocurrency, has been on a tear lately. After months of hovering, the coin has seen a surge in price, and analysts are now pointing to signs within the derivatives market suggesting this rally might have legs. Related Reading Taker Buy Sell Ratio Nears Equilibrium One key indicator is the Taker…
XRP, a crypto that has faced regulatory challenges, is back in the spotlight with analyst Dark Defender predicting a potential price surge by mid-2024. Defender’s analysis hinges on a confluence of factors, including technical indicators, anticipated regulatory changes, and broader market trends. Related Reading Technical Breakout Aligns With Regulatory Shift Utilizing Fibonacci Time Zones and…
Solana (SOL), the self-proclaimed “world’s fastest blockchain,” has been grabbing headlines for its blazing transaction speeds and surging token price. But is it all sunshine and rainbows in Solana land, or are there cracks in the seemingly smooth road? Related Reading Solana Takes The TPS Crown According to CoinGecko data, Solana blew past competitors like…
Cardano (ADA) whales are back in the picture, with recent data suggesting their confidence in the crypto token may have been revived. If so, this will be massive for ADA, which could experience significant price surges soon enough based on this development. Related Reading Cardano Whales Add To Their Holdings The market intelligence platform IntoTheBlock…
Cardano (ADA), the proof-of-stake blockchain network known for its smart contracts, has defied recent predictions of a fall from the top 10 cryptocurrency rankings by market cap. In a surprising move, ADA has instead become the top performer among major coins, experiencing a 7% surge in the last 24 hours. This price action has ignited…
XRP has undergone a remarkable price upsurge, surging to more than $0.80 and witnessing an impressive 77% increase over the past seven days in trading activity. This surge was predominantly triggered by Ripple’s partial victory against the United States Securities and Exchange Commission. In the court ruling, a judge acknowledged that Ripple’s institutional sales could be…
Optimism, a layer-2 solution on the Ethereum blockchain, has gained traction with a TVL exceeding $1.22 billion. The OP price is currently forming a bullish cup pattern, indicating a potential recovery. Trading activity in the optimism crypto market has surged, suggesting an attempt by the OP price to rebound. Optimism: A Quick Look As a…
Cosmos (ATOM) started this year with a bang by attaining its all-time high (ATH) on January 17 when it traded for $44.45. But just like other cryptocurrencies, it failed to sustain that level and was relentlessly pummeled by the volatile crypto market. Cosmos has been down by 16.8% over the last month ATOM is forecasted…