In a recent interview, former Goldman Sachs executive Raoul Pal explained why despite being “very bullish” on Bitcoin at first, he later came to the conclusion that Ethereum would outperform Bitcoin. Prior to founding macro economic and investment strategy research service Global Macro Investor (GMI) in 2005, Pal co-managed the GLG Global Macro Fund...
On 5th March, the Terra(LUNA) price turned down from the $92 resistance, hitting the immediate support zone of $80-78.3. The technical chart shows the buyers have two significant support of $78.3 and $61, which could revert the ongoing correction. Moreover, the Terra coin got recently listed on a Bahamian cryptocurrency exchange-FTX Key points: The LUNA chart displays lower price rejection at $80 support. The intraday trading volume in the LUNA is $2.5 Billion, indicating a 25.6% loss. Source- Tradingview Last week’s recovery...
Although the market recovered pretty quickly after 24 February, the bears continued to circle around. The likes of Solana, ETC and FTM projected similar trends on the 1-hour chart. Solana (SOL) Source: TradingView, SOL/USD SOL lost its advantage as it fell from the $105.40 mark to gain support at $77.50 on 24 February. However, the buyers came to the rescue and the alt quickly bounced back up. Over the next six days, SOL managed to reclaim the $105 level as resistance. However, the...
In the wake of the geopolitical issue between Russia and Ukraine, Bitcoin has shown considerable volatility over the past two months. The coin price resonates between $45000 and $33000, implying a range-bound rally in the short term. However, amid the bearish cloud hovering above the crypto market, a swiss city-Lugano makes Bitcoin, Tether, and LVGA token legal tender. source- Tradingview On March 1st, the Bitcoin(BTC) buyers failed their fourth attempt to overcome the $45000 in the last two months....
Recently, Gabe Newell, Co-Founder and President of video game company Valve Corporation, the developer of the software distribution platform Steam, explained why his firm had to stop accepting Bitcoin as a payment method on Steam. Steam is “a video game digital distribution service by Valve” that was “launched as a standalone software client in September...
Here’s the (literally) life-changing, million dollar question that countless wannabe crypto-investors ask themselves before diving in: Should I take a loan to buy Bitcoin? Two well-known personalities in the crypto-industry sat down to discuss just that recently.
MetaDogeSwap, a community-driven crypto project, recently released the V2 iteration of its platform, introducing a bigger and better blockchain-based virtual world and a marketplace for canine-themed NFTs. The team decided to upgrade to V2 as the earlier version had several major issues that affected buyback and other vital functions. Besides solving problems in the code, the contract redeployment gave the $MDS token developers a chance to introduce a brand new NFT marketplace and other exciting utilities. The experienced project backers
Over the past two months, MATIC traders were actively selling on rallies using the descending trendline. The correction rally tumbled the altcoin by 50%, bringing it to the $0.1744 bottom support of $0.120. However, the RSI chart shows a positive divergence in the daily, suggesting a bullish breakout from the pattern.
When a cryptocurrency makes a name for itself in the market, it is because of the positive price action usually. However, Algorand seems to have defied that narrative. Instead of making the investors optimistic, ALGO has kept them down in losses. On closer inspection, it appears that ALGO’s journey to the south is not over yet.
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