Markets

TL;DR Polkadot (DOT) remains well in the red on a weekly scale following the latest market decline. Nonetheless, some analysts are optimistic about the asset’s potential for significant gains in the near future, adding it to their portfolios. DOT’s Next Possible Move Polkadot’s native token—DOT—tumbled severely during the latest market correction. Its price is down 20% on a weekly scale, briefly plunging below $6. However, it started recovering in the past several hours and...

A miner wallet from the early years of the cryptocurrency market has awoken from a long slumber, moving its assets to a centralized exchange. According to a tweet by Lookonchain, the wallet moved 50 BTC worth over $3.28 million to the crypto exchange Coinbase in the early hours of the Asian trading session. Miner Wallet Moves 50 BTC The wallet address 15sxzZ earned the BTC after validating a block on April 23, 2010, and has held the cryptocurrencies since then. At the time,...

Ethereum’s price has declined significantly over the weekend as a result of the rising tensions in the Middle East. Yet, there are still potential support levels available to hold the price. Ethereum Price Technical Analysis By TradingRage The Daily Chart During the daily timeframe, Ethereum’s price has formed a large bullish flag pattern. The recent drop has briefly pushed the price below the $3,000 support level, but the market has rebounded from the lower boundary of the...

Top altcoins like Ethereum, Ripple, Solana, etc. have experienced downward price movements in the last 7 days, plummeting by 9.2%, 18.1%, and 23.3%, respectively. The huge loss in the market aggregates to nearly 290 million in total market capitalization. In the wake of this loss, investors are making their move, migrating to other lucrative projects such as Bitgert Coin (BRISE), Befe Coin (BEFE), and Centcex (CENX). Now proving to be the best investment in...

While the crypto market is in its bearish phase and not much to make some gains, investors have switched their interests and started looking out for alternative options to secure their future and invest in while the market gets in the upswing mode again. This is when analysts have also started making predictions about coins that will skyrocket as soon as the market revives. Some coins like BRISE, BEFE and CENX are on investors’ as well as analysts’ radars as they...

Stellar lumen price is attempting a recovery wave from the $0.0920 zone against the US Dollar. XLM price is now trading below $0.1200 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance at $0.1195 on the 4-hour chart (data feed via Kraken). The pair could start a decent increase if there is a clear move above the $0.1200 resistance zone. Stellar lumen price is consolidating above $0.1020 against the US Dollar, like...

The crypto market is fast approaching a new bullish cycle, as the fourth Bitcoin halving will potentially occur next week. Historical data reflects that the halving always leads to a prolonged bull-run, where altcoins benefit the most with new peaks. Here are the top 5 altcoins that hold the most potential in this bull market: NFTFN: A New Dawn in NFT Trading NFTFN emerges as a beacon in the congested waters of NFT trading, having successfully raised $400K in its...

XRP price is attempting a recovery wave from the $0.3850 zone against the US dollar. The price is now trading below $0.550 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.600 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $0.5150 resistance. XRP price is consolidating near $0.500 against the US Dollar, like Bitcoin. It must...

Bitget experienced significant growth across its trading volumes and user base in the first quarter of 2024, riding the wave of widespread market resurgence. The Seychelles-headquartered exchange revealed that its futures trading volume soared to around $1.4 trillion, marking a 146% increase, while spot trading volume surged by 113% to exceed $160 billion. Bitget saw its most significant growth in derivatives market share in March, with a rise of 2.4%. This enabled it to...

TL;DR Ripple’s XRP dropped by 20% following a market downturn, yet some analysts see this as a buying opportunity. Several other optimistic predictions indicate a bullish outlook for the asset, with potential significant appreciation in its value expected soon. ‘XRP Dips For Buying, Not For Crying’ The cryptocurrency sector experienced a substantial correction on April 14, with its global market capitalization plunging to approximately $2.4 trillion....