“Bitcoin Is Freedom”: Reflections on Bitcoin 2022
Ethereum price showed a bullish future since mid-March. As it moved into the first week of April, ETH started to slow down its momentum, leading to a reversal. Due to the reversal, the smart contract token has set up a classic bearish setup that indicates a further downside. Ethereum price reverses its trend Ethereum price […] Source link
Higher quality cryptocurrency trading platforms have been steadily gaining market share over the last few quarters, to the point they now command over 90% of the cryptocurrency space’s trading volumes. According to CryptoCompare’s latest Exchange Benchmark report, Top-Tier crypto trading platforms have been seeing their market share of...
SAND price remains pressured to test fresh daily lows, it sliced below the crucial moving averages signaling a bearish outlook for the token. The recent price action indicates the break of a reliable support area, suggesting impending bearish momentum in SAND. SAND price is on a continuous downside spree as it failed to hold key support areas. Further, increased selling pressure could propel SAND to drop 15% more from the current levels. A reversal in the price on the pre-condition to a...
Ethereum Miners Continue To Surpass Bitcoin Miners In Revenue Ethereum miners continue to outpace bitcoin miners in terms of revenue. The second-largest cryptocurrency by market cap has now proven that it is a better bet when it comes to crypto mining, making it a more profitable venture for miners. At various times in the past, this has been the case and in the month of March, it became even more prominent given the gap recorded between the revenue brought in...
LUNA price action depicts the selling pressure over the past two days. The technical setup shows the continuation of the downtrend in the price. The formation of two red candlesticks indicates with above-average volume allowed more downside in the asset. LUNA price extends the slides on Monday more than 5% losses. More downside as the price slipped below the 50-day EMA along with the break of the ascending trend line. The price trades near the multiple-support level near the $85.0 level.
The Luna Foundation Guard (LFG) a non-profit mandated to build reserves for Terra’s algorithmic stablecoin UST, has added around $173 million worth of the flagship cryptocurrency Bitcoin ($BTC) to its holdings over the weekend through a series of purchases. The Luna Foundation Guard, as CoinDesk reports, how has around...
Zilliqa price seems to be pulling a 180 after an impressive and exponential run-up over the past two weeks. This ascent seems to be getting undone by investors booking profits and due to the correlation with Bitcoin. This retracement is currently testing a crucial support level, a breakdown of which, could trigger a massive crash.