The new year hasn’t been very kind to the king coin as Bitcoin saw a close to 15% price fall in the first week of 2022. With the top coin still around the $40k-mark, speculations around a new BTC bottom have started surfacing. In fact, some are even anticipating that another freefall will take BTCContinue reading “With supply squeeze in the making, will $40K be a market bottom for Bitcoin”
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The new year has been relatively better for altcoins which have been doing well against the broader market sentiment. AAVE in particular has seen accelerated growth. The Defi money market platform has come up with a more concrete plan for 2022 focused on usability, aiming to push on-chain activity. AAVE, after revealing plans to launchContinue reading “Here’s why a full recovery for AAVE could take time despite bullish divergence”
Bitcoin’s price movement around the $41,000-mark and the larger market’s consolidation seems to have given way for altcoins to steal the show. At press time, after a rather slow weekly start, some coins picked up the pace. DASH, the #77 ranked token, noted 24-hour gains of 8.38%. It was followed by AAVE, with just overContinue reading “What DASH’s short-term recovery might mean for cryptos like Zcash”
While Bitcoin dipped by over 10% in the first week of January, it wasn’t the only crypto that had it bad in the new year. In fact, the star performer of 2021, Solana seemed to be having a pretty tough time too. The larger market’s momentum pulled Solana’s price down the charts. In fact, theContinue reading “Solana: Is there a good ‘buy the dip’ opportunity at hand”
The king coin’s curious trajectory over the last couple of months has left the market in a bizarre state of confusion. Bitcoin’s trajectory after an early November ATH of $69,000 has mostly been on a downtrend – Making lower highs and lower lows each time. The 4 December flash crash pulled Bitcoin down to $42K.Continue reading “$50K or $30K – Which price level should Bitcoin expect first”
Bitcoin’s move close to the $40.6K mark on 7 January after a continued downtrend since 28 December pulled the total crypto market cap under the $2 trillion mark. With BTC oscillating at $42,114 at press time and the larger market looking relatively weak Cosmos (ATOM), the 25th ranked altcoin that recently made a new priceContinue reading “Can the growing Cosmos ecosystem aid ATOM’s price trajectory”
With the larger market including Bitcoin and most large-cap alts looking rather calm Chainlink’s 7.93% daily gains raised a considerable amount of attention for the 19th ranked altcoin. Of the top 20 coins by market cap, Chainlink had the highest daily gains as LINK’s trajectory was in a five-day rally. At press time Chainlink tradedContinue reading “A recovery can push Chainlink towards a new ATH, provided…”
An unpleasant calm seems to have taken over the Bitcoin market as the king coin oscillated at $46,451 presenting a range-bound movement for over a week now. BTC’s recent under-performance has given way to the fall of Bitcoin dominance to as low as 39.46%, a level last seen three years ago in 2018. That said,Continue reading “What better defines the current Bitcoin market: bears or ‘buy the dip’”
Crypto.com Coin (CRO), currently the 16th largest coin by market cap rose to fame in November as its price noted an over 350% spike within a month. The coin’s price rose alongside its popularity as an unconventionally hyped-up marketing campaign aided the coin’s run uphill. In the last quarter of 2021, Crypto.com had announced back-to-backContinue reading “Where is Crypto.com Coin headed and what it needs to reclaim its now past glory”
Bitcoin has had a rough start this year, with its prices still ranging between $45,850 and $48,500 as the market awaits a miracle to unfold. At press time, with the king coin oscillating at $46,276 noting 1.55% daily and 6.18% weekly losses the market looked rather dull to many, as the total crypto market capContinue reading “Does Bitcoin whales buying the dip rekindle hope for quicker price recovery”
With Bitcoin losing ground sitting at the $46,896 level, altcoins especially Defi tokens like Fantom (FTM) charted their independent trajectories making their way towards previous price all-time high levels. Fantom, was one of the top gainers from the top ten cryptocurrencies by market cap on January 4 as the 28th ranked coin traded at $2.96Continue reading “What to expect from Fantom as it makes it way to an ATH”
For the most part of the last week, despite a new year and new week knocking on the crypto sector’s door, the larger market has been more or less in a consolidation phase. Over the past few days, Bitcoin has remained quite complacent around the $50,000 level giving way to altcoins to rally. While DefiContinue reading “Can Enjin Coin dissociating from Bitcoin put the alt on a track to ATH”