Decentraland, The Sandbox Look Poised to Soar
Coin Bureau on Polygon ($MATIC): ‘Layer-2s Might Soon Be Needed More Than Ever’
admin2022-04-03T10:30:00+00:00The host of popular crypto analytics and market commentary show Coin Bureau says that Polygon ($MATIC) is positioned to benefit from Ethereum’s transition to a proof-of-stake network. Polygon is “a protocol and a framework for building and connecting Ethereum-compatible blockchain networks”; it aggregates “scalable solutions on Ethereum supporting a...
A Daily Close Above $0.90 Aims For $1.0 Next
admin2022-04-03T09:37:40+00:00XRP price consolidates in a very tight range with very limited price action. The price attempted to breach the critical resistance barrier but failed to do so. Investors await a break out of the short-term trading range of $0.80 and $0.90 to set the new directional bias. XRP price trades in a very tight range with no meaningful action. A decisive close above $0.90 will pave for the next upside target at $1.0. Further, the price remains pressured below the 200-day EMA. As...
XRP, Zilliqa, Dogecoin, Polkadot Price Analysis: 03 April
admin2022-04-03T07:30:58+00:00While the broader market has been picturing some slow signs of recovery, some coins have been going against that trend. XRP, Zilliqa, and Dogecoin seemed ready for a price correction going forward, at press time. On the contrary, Polkadot seems to be following the general market trend and is making steady progress north.
XRP
XRP/USDT | Source: Tradingview XRP had been on a broad-based recovery since the beginning of March, but that upward channel was broken with conviction towards the downside on 31...
Potential Pullback Hints 25% Discount On ZIL Price
admin2022-04-03T04:43:23+00:00The Zilliqa(ZIL) technical chart shows multiple higher price rejection candles at $0.211 resistance. This constant rejection from above may trigger a bearish reversal and plunge the altcoin to the $0.136 mark. Is its safe to hold during the correction?
Key points
ZIL chart shows several high-tail rejection candles at $0.221 resistance The ZIL price could correct till the 0.5 Fibonacci retrenchment level The intraday trading volume in the Zilliqa coin is $3.4 Billion, indicating a 32% loss. Source-Tradingview The sudden pump in the ZIL/USDT pair...
Assessing how NEAR flipped Litecoin with its recent rally
admin2022-04-03T03:30:08+00:00In an interesting turn of events, the NEAR protocol token has shot up by 15.06% over the last day to take Litecoin’s #19 position.
NEAR pushes Litecoin FAR away
The rise in its market cap was the result of two factors- smaller supply, and a strong rally. There is just one billion NEAR in total supply out of which 659 million NEAR are in circulating supply. Well, the 18.76% increase observed in the last 24 hours pushed NEAR’s market cap above...
Ripple Co-Founder Wants Bitcoin to Switch To Proof-of-Stake
admin2022-04-02T21:00:08+00:00Ripple Co-Founder (as well as its former CEO) Chris Larsen, who is currently Executive Chairman of Ripple’s board of directors, is backing a new campaign to transition Bitcoin from proof-of-work (PoW) network to proof-of-stake. According to a report by Bloomberg, Larsen, alongside several climate activist groups including Greenpeace,...
How cryptos managed ‘value-based’ investor interest amid global FUD
admin2022-04-02T18:30:01+00:00Different headwinds across the globe have seriously affected digital assets directly or indirectly. These includes everything from inflation concerns, EU anti-crypto amendments to government bans. Whatever the reason be, investors want to reduce their exposure to risky assets.
Want this, not that
This year, the price swings in January and February have led to investor perceptions swinging back, favoring large caps such as Bitcoin and Ethereum. A leading crypto asset manager, CoinShares, highlighted this scenario in a 29 March report. According to the...ETH Price Advances Toward $4,000 Above 200-day EMA
admin2022-04-02T15:15:00+00:00Ethereum price remains on the front foot in the recent price action. ETH makes impressive gains over the week and looks promising to produce further gains. The price is witnessing consolidation after printing three-month highs above $3,500. Ethereum price continues to print gains on Saturday. A leap toward $4,000 looks possible as the price remains firm above 200-day EMA. ETH tested $3,500 for the first time since January 6. As of press time, ETH/USD trades at $3,485.12, up 0.82% for the day. The...
BitMEX Co-Founder Arthur Hayes: ‘My Target Allocation Is 25% Bitcoin and 75% Ether’
admin2022-04-02T13:49:46+00:00On Thursday (March 31), Arthur Hayes, Co-Founder and former CEO of crypto derivatives exchange BitMEX, talked about Bitcoin and Ethereum, and more specifically about the portions of his crypto portfolio allocated to these two cryptoassets. In his blog post, Hayes explained why he is currently more bullish on...