Markets

ADA price is attempting a fresh increase above the $0.600 zone against the US Dollar. The price is now trading above $0.600 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with support near $0.5980 on the 4-hour chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.6200 and $0.6350 levels. Cardano price is holding the $0.600 support against the US Dollar, like Bitcoin. ADA price could gain...

Ethereum price started a downside correction from the $2,350 resistance against the US Dollar. ETH price is now trading above $2,260 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with support at $2,260 on the 4-hour chart (data feed from Coinbase). The pair could start a fresh increase if it clears the $2,300 resistance zone. Ethereum price is declining below $2,300 against the US Dollar. ETH/USD remains at a risk of more...

In 2023, digital assets experienced an exceptional year, witnessing a remarkable surge in Bitcoin prices by over 172%, with a correction of less than 20%. In addition to Bitcoin and Ether, capital inflows in stablecoins also remained positive. The market surpassed crucial technical and on-chain pricing models, and October emerged as a pivotal moment for institutional capital movement, according to Glassnode’s recent analysis. Stablecoins in 2023 Over the last two years, the...

SAND, the native token of metaverse platform ‘The Sandbox,’ has gained over 40% in the past month, driven by a broader market resurgence that pushed its price to $0.61, a level last seen in April this year. SAND is one of the popular GameFi tokens that initially gained prominence in 2020-2021 amid the pandemic, providing individuals with an alternative source of income during lockdowns. Despite the initial prominence of GameFi tokens in 2020-2021 during the pandemic, their...

The amount of Ethereum owned by long-term hodlers reached a record of over 70% in December, according to data from blockchain analytics firm IntoTheBlock. These committed holders have refrained from selling their Ethereum stash, contributing to the altcoin’s new benchmark. The latest ITB data also reveals that Ethereum has surpassed Bitcoin in terms of the percentage held by long-term holders, with the latter a little below the 70% mark. HODLers, individuals who hold onto...

Bitcoin dropped on Christmas Eve by roughly a grand and briefly went below $43,000 but has managed to bounce off above that level as of now. Polkadot is the top performer from the larger-cap alts now, with a 5% increase on a daily scale. In contrast, SOL and AVAX have cooled off after the recent rallies. BTC Down to $43K After the unfavorable start of the previous business week, bitcoin went on the offensive on Wednesday and Friday and spiked above $44,000 during both trading...

The excitement in the crypto market has peaked as the “humanness” cryptocurrency, Worldcoin (WLD), surged. This growth spike followed a renewal of interest from a significant figure, Sam Altman, the OpenAI CEO. The 30% increase has put the token at the forefront as analysts offer predictions of its boom in 2024. Amid this development, altcoins like Monero (XMR) and InQubeta (QUBE) show significant upside potential. InQubeta’s revolutionary model attracts investors by allowing...

Binance (BNB) recently underwent regular maintenance, but its value took a hit, and crypto analysts are bullish that it can see a price increase. Chainlink (LINK) released an adoption update, highlighting the massive increase in its ecosystem size. Everlodge (ELDG) is also making a splash, as it aims to disrupt the $280 trillion real estate market. Binance (BNB) to Reach $310 Based on Projection by Ali Martinez Binance (BNB) announced standard maintenance, where through the...

Stellar lumen price is rising toward the $0.132 resistance zone against the US Dollar. XLM price is now trading above $0.120 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.1250 on the 4-hour chart (data feed via Kraken). The pair could extend its increase if it clears the $0.1280 and $0.1320 resistance levels. Stellar lumen price is trading above $0.1250 against the US Dollar, like bitcoin. XLM price must...

XRP price started a fresh decline from the $0.630 resistance against the US dollar. The price is now trading below $0.622 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.620 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.598 support zone. XRP price is struggling below $0.620 against the US Dollar, unlike Bitcoin. The price could...