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Litecoin (LTC/USD) has soared more than 9% in the past 24 hours, trading as high as $84.97 on US cryptocurrency exchange Coinbase early Monday. The upside brought LTC price to its highest level in seven months, on-chain data platform Santiment highlighted in a tweet. Indeed, the buy pressure for the digital silver makes it the […]
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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Bitcoin fell below its vital support range after revealing a strong bearish inclination. The crypto’s development activity and MVRV ratio chalked out a steep downtrend. Bitcoin’s [BTC] previous bounce-backs from its vital support range (rectangle, […]
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Stani Kulechov, the founder and CEO of Aave, a Decentralized Finance (DeFi) lending and borrowing protocol, recently disclosed a new course for the protocol. He announced on his Twitter page that the team had filed a proposal that would see the deployment of Aave v3 on zkSync 2.0. The deployment would initially take place on […]
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Magic Eden, the biggest NFT marketplace on Solana [SOL], with a monthly trading volume of over $87 million, announced its decision to implement an optional royalties structure on its platform. With this, buyers of NFTs on Magic Eden reserve the right to determine how much they wish to pay as royalties to the creators of […]
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In a new partnership with the Commonwealth of Dominica, Tron [TRX], the decentralized, open-source blockchain, was announced as the preferred blockchain of the Commonwealth of Dominica to develop and issue the Dominica Coin (DMC). Since the announcement was made, TRX, the native coin of the Tron blockchain, recorded some traction. According to data from CoinMarketCap, […]
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Shiba Inu [SHIB] expectations ran high last week largely due to the anticipated Shiba Eternity game. Fast forward to the present and the hype died down. Interestingly, SHIB’s price action has also lost its bullish momentum and adopted a bearish trajectory in the last five days. There are a couple of reasons why Shiba Inu […]
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Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Bitcoin Cash forms both a triangle pattern as well as a range To buy or not to buy, that is the question Bitcoin [BTC] surfaced above the $20k mark for a few hours. The […]
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It is hard to imagine Terra making a comeback after LUNA and UST’s crash but Terra Classic (LUNC) aims to do just that. LUNC’s latest price action suggests significant interest in the project, and whales might also be looking to take part in the action. LUNC’s first major price pump occurred in the last week […]
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It has been a while now since the crypto fear and greed index has refrained from changing its outlook from the ‘extreme fear’ zone. However, after a drop toward the $0.04-level, Tron [TRX] saw a revival while compressing between the two up-sloping converging trendlines (yellow). A vigorous bearish endeavor to prevent a close above the […]
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