APMEX, one of the largest online gold dealers, is currently selling a Shiba Inu-themed gold “rounds” that are selling slightly above the spot price of the precious metal. The product is described as a “great way” to add gold to crypto holders’ portfolios. According to a listing on...
The traction that Shiba Inu (SHIB), the second-largest memecoin, has gained has been getting all kinds of wanted and unwanted attention. Kaal Dhairya, a Shiba Inu developer, has warned that there are an increasing number of scam tokens trying to associate themselves with the viral memecoin.
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Basic Attention Token has a myriad of developments on its price chart. A higher timeframe analysis showed the formation of a descending triangle pattern and a subsequent breakout. However, this breakout has not been able to push past $0.95. Moreover, in the past two months, it can also be argued that BAT has established a range between $0.65 and $0.95. Here...
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Zcash showed a bearish divergence on lower timeframes but has also flipped a zone of supply to demand in recent days. Despite Bitcoin exhibiting a strong drop from $42.7k to $40.7k, ZCash was not affected much negatively. However, further bearish sentiment across the market might force ZEC to drop as well.
ETH price extends the losses as the U.S trading session begins. The price is struggling below the $3,000 mark for the previous two sessions. ETH now hovers near a vulnerable point, a breaking would trigger more downside in the pair. ETH price continues to consolidate below $3,000 for the past two sessions. Expect more downside if the price breaks below the ascending trend line on the daily chart. However, a daily candlestick above $3,000 would invalidate the bullish outlook. As of publication time,...
Cryptocurrency traders are currently “itching” for a Cardano ($ADA) price rally, as their sentiment towards the cryptocurrency is now at a high that hadn’t been seen since mid-November when ADA was trading near the $2 mark. According to data from cryptocurrency analytics firm Santiment, Cardano’s price has risen...
Bitcoin‘s ongoing correction has had a repercussion on the entire cryptocurrency market. Ethereum, the largest altcoin suffered the same fate. At the time of writing, ETH suffered a fresh 4% correction as it slipped below the $3k mark- it traded at the $2,984 mark.
While Bitcoin (BTC) stuck to a tight trading level this year, the token fared much better than several major technology stocks. Year-to-date losses in technology giants such as Alphabet, Microsoft, Amazon and Meta were far more than those seen by BTC. BTC has largely tracked major U.S. technology stocks in 2022. But a divergence in their YTD performance may indicate that a decoupling may be possible eventually. The token has also performed better than the tech-heavy Nasdaq composite index.
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