Bitcoin price analysis is bullish today as we have seen another retest of $29,000 support turn into consolidation. Therefore, BTC/USD is slowly pivoting back to the upside and will look to set a higher local high next. The market has traded in the green over the last 24 hours. The leader, Bitcoin, gained 2.11 percent,...
The performance of the global crypto market has suffered setbacks as the result of efflux from the market. The changes show that it has been able to retain value as the pull on Bitcoin and other altcoins are too strong, affecting the progress of these coins. The change in the value of these coins shows...
Axie Infinity price analysis shows AXS/USD prices opened the daily market with a bearish trend. Axie Infinity’s current price is $20.80.The bears seem to have worn out. However, the selling pressure is so high that we expect the bulls to stumble to recover the market. AXS price is currently facing resistance atb$21.77 while support is...
Ethereum price analysis is bullish today as we expect another attempt to break lower after a slightly higher low was set above $1,900. Therefore, ETH/USD could see a higher local high set, which could lead to another strong rally next week. The market has traded in the red over the last 24 hours as selling...
Blockchain protocol and networks have been mostly called out for their negative role in environmental degradation and unsustainability. However, several blockchain networks, like Ripple, have moved to contribute toward sustainability measures. In a recent announcement, Ripple has revealed plans of allocating $100 million in support of different sustainability actions. The primary goal of the network...
Recently, the Ether founder, Buterin Vitalik, acknowledged that he no longer falls into the category of the most valued billionaires in the US. According to reports, the crypto programmer published a tweet where he confessed he is no longer a billionaire because the second largest market cap token lost around 50 percent in value. Buterin,...
Ripple price analysis is bullish today as we expect another attempt to move higher from the $0.40 support. Therefore, XRP/USD should head back to the $0.44 local high and attempt to break through, which would be a signal that more upside is to follow next week. The market has traded in the red over the...
Filecoin price analysis recently shows FIL prices have dropped below $10 after finding some stability around that price point for the past few days. The recent sell-off has taken FIL prices down to key support at $7.5, which is a level that has been defended multiple times over the past few weeks. Filecoin prices are...
OpenSea has announced the launch of a new marketplace, Seaport, solely to exchange NFTs. According to the NFT marketplace, this new platform will support Web3 and provide an efficient environment for prospective buyers and sellers of nonfungible tokens. According to the update, the new marketplace is set up to offer barter-like services to holders of...
The founder and former CEO of the BitMEX cryptocurrency exchange were being trialed for admitting that he willingly did not implement an anti-money laundering (AML) program at the exchange. He owned up to these claims, and therefore, a strong case was running against him. However, the judgment finally came, and Hayes was sentenced to two-year...