In this recovering market, every altcoin seems to be doing pretty well, including Cardano. However, even though it might be trending north over the last 24 hours or so, the bigger picture for this cryptocurrency might not change anytime soon.
U.S. Securities and Exchange (SEC) Commissioner Hester Pierce reportedly believes that the regulator will not get the outcome it’s looking for in its lawsuit against Ripple over the $XRP token. The SEC’s lawsuit against Ripple and two of its executives alleges they “raised over $1.3 billion through an...
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Last month, a report found that XRP supply distribution charts showed whales were accumulating more of the token, even as the XRP lawsuit dragged on. Over the last few weeks, Bitcoin Dominance has been climbing slowly from the 40% mark to 44.2% at press time. This metric showed that Bitcoin has been steadily absorbing more of the capital in the crypto-sphere....
The recent news that US President Biden will be signing an executive order to create a ‘Digital dollar‘ has brought a sudden pump in the crypto market. Following the overall sentiment, the Sandbox(SAND) price bounced back from the $2.74 support, indicating a 4.43% intraday gain. Can traders maintain this bullish momentum to breach the long coming descending trendline?
Singapore, Singapore, 9th March, 2022, Chainwire Cake DeFi, a Singapore-based fintech platform that makes DeFi (decentralised finance) services and applications accessible to everyone, has launched its corporate venture arm with US$100 million in earmarked capital. Cake DeFi Ventures (CDV) will be focused on investing in tech startups across Web3,...
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Shiba Inu (SHIB) saw a brief consolidation between the $0.034 and $0.018-levels for over two months. The buyers are now building up tension at its three-week trendline resistance (white, dashed). Here, do note that for brevity, SHIB prices are multiplied by 1000. If the sellers reject higher prices in the current range, SHIB will position itself for a near-term pullback towards...
Bain Capital, an asset manager with $155 billion in assets, has launched a $560 million dedicated cryptocurrency fund to “support the renegades and pioneers building the next generation of internet infrastructure.” According to an announcement, Bain Capital’s new fund, Bain Capital Crypto, is designed to invest in and...
On Wednesday, the crypto market experienced a sudden pump and rebounded several altcoin from their crucial support. The Solana (SOL) price faced a similar outcome as it bounced back from its monthly support, registering an 8% intraday gain.
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