BTC is in full recovery mode after the 2022 crypto winter, during which the coin came dangerously close to being shut down completely. Despite the latest banking crisis putting the USD in peril, the price of BTC continues to soar. However, the coin still needs some help, with buyers leaving and remaining bulls needing help…
The current state of the banking sector has been characterized by chaos and instability, which has led to an increase in demand for cryptocurrencies such as Bitcoin (BTC) and select altcoins. As a result, these cryptocurrencies have seen aggressive buying as investors seek alternative investment options that are not as heavily impacted by the unpredictable…
At the start of the week, the trading session took a toll on USDC and Other Cryptocurrencies Following United States Authorities’ Measures to Mitigate Silicon Valley Bank’s Collapse. Circle’s USDC Reserves at Risk: SVB’s Closure by California Department of Financial Protection and Innovation Sends Stablecoin Plummeting to 0.87 dollars. “Circle’s USDC Reserves Further Under Scrutiny…
As the second week of March came to an end, a great surge has been witnessed in the FUD of the entire cryptocurrency industry. With the fear, uncertainty, and doubt rising, many cryptocurrencies have ended up falling below the crucial support levels. It was thought that cryptocurrencies may rebound after experiencing slight corrections. However, the…
As the non-fungible token (NFT) market gained momentum in the year 2021, several crypto firms launched their own NFT marketplaces. As the year 2021 was the best year for non-fungible tokens, it saw every NFT marketplace thrive because of the collections it launched. This was the same year when OpenSea became the largest marketplace for…
The latest data involving Bitcoin (BTC) exchanges and hodlers show that the latter now has more Bitcoin than the exchanges. The study also shows that the exchanges now have less Bitcoin to sell than they used to have back in early 2018. Back in those days, the exchanges had piles of Bitcoin that the users…
The trading price of Polygon (MATIC) had been demonstrating a strong run since February 15. Although the overall market trend was low, MATIC kept moving in the upward direction. Prior to the strong push, MATIC’s trading price was stuck at a neckline resistance. It was reportedly stuck at $1.3 and it needed to break out,…
Today was not a good day for the global cryptocurrency market as the price of all the major cryptocurrencies fell briskly. As a result of this drop in prices, the global market cap of the crypto market declined by 2%. Talking of Dogecoin, the price of meme tokens plummeted by 1% over the past 24-hours….
The Stacks protocol is a layer-2 scaling solution designed to enable smart-contract protocol on the Bitcoin network. The developers of Stacks have also developed the native token for a platform that is known as STX. However, recently STX is making the headlines due to the decline in its price on Monday, after seeing a massive…
Over the past seven days renowned cryptocurrency (FIL) has seen a surprising rise in its market price. Filecoin (FIL), a prominent protocol for decentralized storage, experienced an impressive surge of 75% by the end of the last week. This marks the end of six months of restrained price performance for the coin that was once…
Since the start of February 2023, meme coins have been the best performers in terms of price surges. Previously Shiba Inu, Doge, and Baby Doge, now Floki Inu is making all the headlines. The market today sparked as the price of Floki Inu, a meme coin increased by over 200%. This rally put an end…
The trading performance of Bitcoin (BTC) has been quite volatile in recent hours. The data shows that the asset has become very volatile and its volatility was different in the past 24-hours. Due to the strong volatility, the trading price of Bitcoin ended up getting pushed to a higher level. It was a significant jump…
